AFSM vs. JSML ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Janus Small Cap Growth Alpha ETF (JSML)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.01

Average Daily Volume

1,755

Number of Holdings ^*

302

* may have additional holdings in another (foreign) market

JSML

Janus Small Cap Growth Alpha ETF

JSML Description

Janus Small Cap Growth Alpha ETF seeks investment results that correspond generally, before fees and expenses, to the performance of the Janus Small Cap Growth Alpha Index.

Grade (RS Rating)

Last Trade

$58.54

Average Daily Volume

13,217

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	JSML
30 Days	-2.60%	-1.58%
60 Days	-2.28%	-1.71%
90 Days	-1.94%	-1.70%
12 Months	16.64%	6.08%

51 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in JSML	Overlap
ADUS	B	0.42%	1.67%	0.42%
ALRM	C	0.35%	1.47%	0.35%
AMPH	F	0.26%	1.77%	0.26%
AMR	D	0.53%	1.97%	0.53%
ASC	C	0.42%	0.05%	0.05%
CALM	B	0.31%	0.55%	0.31%
CASH	B	0.28%	0.17%	0.17%
CBZ	D	0.34%	1.4%	0.34%
CCRN	F	0.39%	0.42%	0.39%
CEIX	B	0.59%	0.15%	0.15%
CORT	C	0.36%	2.99%	0.36%
CPRX	D	0.71%	1.59%	0.71%
CRAI	C	0.36%	0.46%	0.36%
CRVL	B	0.55%	3.19%	0.55%
CSWI	A	0.08%	1.56%	0.08%
DFH	F	0.17%	0.11%	0.11%
ESGR	A	0.87%	0.55%	0.55%
GMS	D	0.55%	1.21%	0.55%
GRBK	C	0.28%	0.31%	0.28%
HCI	F	0.24%	0.11%	0.11%
HDSN	F	0.39%	0.15%	0.15%
HRMY	B	0.37%	1.6%	0.37%
HWKN	B	0.29%	1.01%	0.29%
IBOC	C	0.31%	0.41%	0.31%
IESC	C	0.05%	1.06%	0.05%
IIPR	B	0.39%	0.13%	0.13%
IMKTA	F	0.24%	0.2%	0.2%
INSW	C	0.33%	0.15%	0.15%
KAI	B	0.06%	1.31%	0.06%
LMAT	A	0.22%	1.65%	0.22%
LPG	C	0.58%	0.09%	0.09%
LRN	D	0.29%	0.36%	0.29%
MHO	D	0.66%	0.4%	0.4%
MITK	F	0.0%	0.24%	0.0%
NMIH	B	0.58%	0.31%	0.31%
NSSC	B	0.25%	0.89%	0.25%
NX	F	0.22%	0.36%	0.22%
PARR	F	0.15%	0.08%	0.08%
PFBC	D	0.78%	0.13%	0.13%
PGNY	D	0.05%	2.44%	0.05%
PLAB	D	0.49%	0.73%	0.49%
PLUS	D	0.51%	0.9%	0.51%
SANM	C	0.62%	1.69%	0.62%
STRL	D	0.66%	1.4%	0.66%
TBBK	B	0.53%	0.22%	0.22%
TCMD	F	0.25%	0.25%	0.25%
TNC	D	0.46%	0.71%	0.46%
UFPT	A	0.64%	1.77%	0.64%
VCTR	D	0.12%	0.37%	0.12%
VITL	C	0.05%	0.38%	0.05%
WABC	D	0.2%	0.15%	0.15%

AFSM Overweight 251 Positions Relative to JSML

Symbol	Grade	Weight
ANF	C	1.17%
SKYW	B	1.16%
TNK	C	1.09%
BCC	F	0.95%
NHC	A	0.89%
ALKS	C	0.89%
IDCC	A	0.87%
FIX	D	0.83%
MOD	B	0.81%
ELF	C	0.79%
EME	D	0.76%
RDN	B	0.75%
WFRD	B	0.75%
MTG	B	0.73%
MLI	C	0.68%
UVE	D	0.68%
DAKT	B	0.66%
COOP	D	0.65%
AROC	B	0.65%
APPF	B	0.64%
MUSA	C	0.64%
TMHC	D	0.63%
GMED	B	0.61%
BMI	C	0.61%
ARCH	C	0.61%
NTB	C	0.61%
VRNT	C	0.6%
DDS	D	0.58%
BRBR	B	0.56%
PBF	F	0.55%
REZI	D	0.55%
ATKR	F	0.55%
OFG	B	0.55%
M	C	0.53%
EVER	C	0.53%
TEX	D	0.53%
CHCO	C	0.52%
SLG	B	0.52%
MCY	C	0.52%
ODP	F	0.51%
KBH	D	0.51%
ACT	C	0.51%
LNTH	C	0.5%
BTU	C	0.5%
WNC	F	0.49%
HSII	D	0.49%
DFIN	D	0.49%
BELFB	C	0.49%
TGNA	D	0.48%
SUPN	F	0.48%
STBA	B	0.47%
AMWD	F	0.47%
PRK	B	0.47%
RMR	D	0.47%
BXC	F	0.47%
CAL	F	0.46%
FDP	F	0.46%
DOLE	C	0.46%
BPMC	A	0.45%
PRDO	C	0.45%
RXST	D	0.45%
PINC	F	0.44%
ANIP	D	0.44%
YMAB	D	0.42%
INMD	F	0.42%
ONTO	B	0.42%
EGBN	F	0.41%
SPNS	A	0.41%
NSIT	C	0.41%
ESNT	C	0.4%
SIG	D	0.4%
CRS	B	0.37%
HIMS	C	0.37%
CWCO	D	0.37%
NUS	F	0.36%
MEDP	C	0.36%
SCS	C	0.35%
MTH	D	0.35%
SFM	B	0.35%
AMKR	B	0.35%
GNK	D	0.35%
CNXN	D	0.35%
PRGS	B	0.35%
SLVM	D	0.34%
BDC	C	0.34%
MATX	B	0.34%
POWL	D	0.34%
ASO	F	0.34%
LOPE	C	0.33%
CMC	D	0.33%
OTTR	D	0.33%
CVLT	B	0.33%
PSN	C	0.32%
OSCR	D	0.32%
TWI	F	0.32%
LGND	B	0.32%
FBP	B	0.32%
APOG	D	0.32%
SSD	F	0.31%
GEO	B	0.31%
DNOW	D	0.31%
HIW	C	0.31%
MED	F	0.3%
YOU	B	0.3%
RDNT	B	0.3%
AVNS	F	0.3%
PRMW	C	0.3%
JXN	C	0.3%
COKE	B	0.3%
WTS	D	0.29%
BNL	B	0.29%
NHI	A	0.29%
SFL	C	0.29%
DXC	C	0.29%
MOG.A	C	0.29%
VNDA	C	0.29%
UCTT	A	0.28%
HCC	C	0.28%
STRA	C	0.28%
QTWO	B	0.28%
AZZ	D	0.28%
HUBG	C	0.28%
ANDE	D	0.28%
SKT	D	0.27%
BKH	D	0.27%
HLX	B	0.27%
PDM	B	0.27%
STNG	B	0.27%
HRB	B	0.26%
CLW	D	0.26%
ABG	D	0.26%
BHE	D	0.26%
MAC	D	0.26%
GIII	F	0.26%
OSIS	C	0.26%
XRX	F	0.26%
AMRK	C	0.26%
BKE	D	0.26%
SBRA	A	0.26%
QLYS	D	0.26%
HY	D	0.25%
PCRX	F	0.25%
VSH	D	0.25%
KELYA	D	0.25%
ITCI	C	0.25%
DHT	D	0.25%
TILE	D	0.25%
GOGL	D	0.25%
HURN	C	0.25%
CMPR	B	0.25%
CUZ	D	0.25%
THFF	D	0.24%
RAMP	C	0.24%
SXC	D	0.24%
ADNT	F	0.24%
PRG	D	0.24%
HAE	C	0.24%
ENS	C	0.24%
ZETA	B	0.23%
OPCH	F	0.23%
BLBD	C	0.23%
TMDX	A	0.23%
KN	D	0.23%
PK	D	0.23%
PFS	D	0.23%
CVNA	B	0.22%
PI	C	0.22%
WINA	D	0.22%
NTCT	D	0.22%
MRVI	F	0.21%
KFRC	D	0.21%
SD	D	0.21%
SMP	F	0.21%
BKU	C	0.21%
EXTR	C	0.2%
KNSA	C	0.2%
ASGN	D	0.2%
NAVI	F	0.2%
SIGA	C	0.2%
SBH	D	0.2%
GES	D	0.2%
PIPR	A	0.19%
MOV	D	0.19%
MD	F	0.19%
AXSM	B	0.18%
KRC	F	0.18%
HOV	D	0.18%
INTA	C	0.18%
SGBX	F	0.17%
CHRD	C	0.17%
IDYA	F	0.17%
NVST	F	0.16%
SCSC	D	0.15%
CECO	B	0.15%
LQDA	C	0.15%
TWST	B	0.15%
TPC	C	0.15%
BRC	B	0.15%
CLSK	D	0.14%
BASE	D	0.14%
CGEM	D	0.13%
ADMA	B	0.13%
MAX	F	0.12%
TARS	C	0.12%
AYI	D	0.12%
AMCX	F	0.12%
INVA	B	0.11%
SPSC	B	0.11%
ASTH	C	0.11%
ALKT	B	0.11%
AIT	C	0.11%
CSGS	F	0.11%
EIG	C	0.11%
MLKN	D	0.1%
GFF	D	0.1%
KRYS	B	0.09%
VGR	C	0.09%
ROCK	D	0.09%
KSS	F	0.09%
TGTX	B	0.08%
YEXT	F	0.08%
AMN	F	0.08%
HALO	B	0.07%
FORM	A	0.07%
TPH	D	0.07%
KTB	D	0.07%
OMI	F	0.07%
WGO	F	0.07%
CTRE	A	0.06%
CTS	D	0.06%
VSTO	B	0.06%
JWN	B	0.06%
LBRT	D	0.05%
OGS	C	0.05%
ATEN	C	0.05%
VCEL	C	0.05%
SWX	D	0.05%
APAM	D	0.05%
COLL	C	0.05%
TDC	C	0.05%
JBI	D	0.05%
ACLS	B	0.04%
PHR	F	0.04%
HE	F	0.04%
EOLS	D	0.04%
SEMR	C	0.04%
ETD	D	0.04%
RYI	F	0.03%
EMBC	F	0.03%
ZEUS	F	0.03%
SWI	B	0.03%

AFSM Underweight 146 Positions Relative to JSML

Symbol	Grade	Weight
DOCS	B	-3.05%
STAA	B	-2.06%
DY	B	-1.88%
PWSC	B	-1.73%
FELE	D	-1.69%
CNXC	C	-1.57%
DV	D	-1.52%
DOCN	C	-1.43%
HRI	F	-1.41%
KFY	B	-1.31%
NABL	B	-1.31%
PLXS	D	-1.3%
RUSHA	F	-1.25%
PRFT	B	-1.22%
PAG	D	-1.19%
USLM	C	-1.13%
PRIM	D	-1.04%
EVCM	B	-0.93%
TGLS	C	-0.89%
MYRG	F	-0.88%
IPAR	F	-0.78%
ALG	F	-0.78%
IAS	C	-0.62%
ARRY	F	-0.61%
ACMR	C	-0.59%
HLNE	B	-0.58%
SSTK	F	-0.55%
FOUR	B	-0.53%
BMBL	F	-0.52%
IRMD	B	-0.5%
GOLF	C	-0.49%
GPI	D	-0.48%
UMBF	C	-0.47%
BOOT	B	-0.47%
TR	C	-0.46%
SHLS	F	-0.42%
TRNS	C	-0.41%
HASI	D	-0.4%
YETI	F	-0.4%
GSL	C	-0.39%
SFBS	C	-0.39%
AX	B	-0.37%
BANF	D	-0.34%
CVCO	D	-0.34%
MGPI	F	-0.33%
FHI	C	-0.32%
ABR	B	-0.31%
AMK	B	-0.3%
PJT	A	-0.3%
DCGO	F	-0.29%
WOR	F	-0.28%
MYE	F	-0.27%
SNEX	B	-0.27%
KE	F	-0.25%
CLFD	C	-0.25%
PLMR	C	-0.24%
MLR	D	-0.24%
NFE	F	-0.23%
PLPC	F	-0.23%
KRT	C	-0.22%
SMLR	C	-0.22%
BWMN	C	-0.21%
MBIN	C	-0.21%
FC	C	-0.19%
ENVA	B	-0.19%
NAPA	F	-0.17%
RC	C	-0.17%
SKWD	D	-0.17%
GSHD	D	-0.17%
SYBT	C	-0.17%
CUBI	B	-0.17%
ANET	A	-0.17%
RDVT	B	-0.16%
BOWL	B	-0.16%
MCRI	D	-0.15%
TITN	F	-0.14%
HIBB	A	-0.13%
UEC	D	-0.13%
KNTK	B	-0.13%
NSA	B	-0.13%
JOE	D	-0.13%
XPEL	F	-0.12%
BY	B	-0.12%
GABC	B	-0.12%
ARHS	C	-0.11%
QCRH	C	-0.11%
AESI	C	-0.11%
BFC	D	-0.1%
TH	D	-0.1%
ALTG	F	-0.1%
HGTY	A	-0.1%
IBEX	C	-0.1%
MBUU	F	-0.09%
HZO	C	-0.09%
AMAL	B	-0.09%
OSBC	B	-0.08%
IMXI	F	-0.08%
CFB	B	-0.08%
ODC	F	-0.07%
RELL	C	-0.07%
CCB	C	-0.07%
VEL	B	-0.07%
TIPT	F	-0.07%
CCBG	D	-0.06%
FSBC	C	-0.06%
HTBI	B	-0.06%
FRD	F	-0.06%
BFST	D	-0.06%
GCBC	C	-0.06%
ESQ	D	-0.05%
PAY	C	-0.05%
ONEW	D	-0.05%
MCB	C	-0.05%
NBN	B	-0.05%
RCMT	F	-0.05%
MCFT	F	-0.04%
LOVE	F	-0.04%
PLYM	B	-0.04%
GRNT	C	-0.04%
NXRT	C	-0.04%
LINC	B	-0.04%
ATLC	C	-0.04%
KFS	D	-0.03%
CIVB	D	-0.03%
SSBK	C	-0.03%
NECB	B	-0.03%
BCAL	D	-0.03%
AFCG	B	-0.03%
VTSI	F	-0.03%
TCBX	D	-0.03%
UNTY	C	-0.03%
CBNK	D	-0.03%
ORRF	B	-0.03%
OBT	B	-0.03%
FBIZ	C	-0.03%
REFI	B	-0.03%
MNSB	D	-0.02%
BWFG	D	-0.02%
PLBC	F	-0.02%
OVLY	F	-0.02%
HGBL	C	-0.01%
PSTL	C	-0.01%
HNRG	C	-0.01%
CZWI	C	-0.01%
SACH	F	-0.01%
FRAF	D	-0.01%