Janus Henderson Small Cap Growth Alpha ETF (JSML) is a US small-cap ETF. As of October 9, 2026, ETF Copilot scores JSML 3.9 out of 10 — highest on Return (5.6), lowest on Quality (1.8). It trades at 20.7 times earnings, against its own median of 19.5. Its ten largest holdings are 18% of the fund.
What stands out in JSML's data
U.S. small-cap growth stocks, picked for their earnings momentum.
Trades at a richer price than most small-cap growth peers — more of the return is priced in upfront.
Its trailing P/E multiple of 20.6x sits above the category median of 16.6x and its own historical median of 19.4x, making it one of the priciest small-cap growth funds.
A growth-focused tilt for a small-cap allocation, priced for its earnings potential.
How is JSML rated? ETF Copilot scores Janus Henderson Small Cap Growth Alpha ETF (JSML) 3.9 out of 10
As of October 9, 2026, ETF Copilot scores Janus Henderson Small Cap Growth Alpha ETF (JSML) 3.9 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.9 / 10
- Growth: 4.5 / 10
- Value: 4.4 / 10
- Risk: 2.1 / 10
- Quality: 1.8 / 10
- Return: 5.6 / 10
Is JSML expensive right now? It trades at 20.7 times earnings, against its own median of 19.5
As of October 9, 2026, JSML is more expensive than 61% of its own 97 monthly readings since 2017 — 59 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside JSML? 25% Tech
What's inside JSML: Size (Large 0%, Mid 35%, Small 65%); Geography (International 3%, US 97%); Tech 24.6%; AI 0.5%; Semiconductors 4.8%; Memory 1.0%.
What are JSML's top holdings? The ten largest are 18% of the fund
Option Care Health, Ryman Hospitality Properties, Zurn Elkay Water Solns, Commvault Systems, Concentra Group Holdings Parent, Cactus, Enersys, Qualys, Trinet and Victory Capital are JSML's largest holdings, in that order.
More concentrated than 93% of US Small Cap ETFs.
Half of JSML's weight sits in its 38 largest positions, and once those weights are taken into account it behaves like 97 equally weighted holdings.
What is JSML's expense ratio? 0.30% a year
As of October 9, 2026, JSML charges 0.30% a year, yields 0.29% and holds $355M in assets across 121 positions.
| Measure | JSML |
|---|---|
| Expense ratio | 0.30% |
| Dividend yield | 0.29% |
| Assets under management | $355M |
| Holdings | 121 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Janus Henderson Small Cap Growth Alpha ETF (JSML) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/jsml
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