JMID vs. FTLS ETF Comparison

Comparison of Janus Henderson Mid Cap Growth Alpha ETF (JMID) to First Trust Long/Short Equity (FTLS)

JMID

Janus Henderson Mid Cap Growth Alpha ETF

JMID Description

JMID is designed to capitalize on mid-cap growth opportunities within the US market. The portfolio is constructed using a proprietary quantitative model that integrates fundamental research. Security selection focuses on identifying stocks expected to outperform, based on an analysis of various combinations and weightings. The objective is to generate alpha, or returns above the benchmark index, by analyzing key growth factors. Additionally, it employs portfolio optimization techniques to maintain alignment with the benchmark's risk profile. The fund may engage in active and frequent trading.

Grade (RS Rating)

Last Trade

$28.46

Average Daily Volume

2,757

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.43

Average Daily Volume

125,100

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

Performance

Period	JMID	FTLS
30 Days	8.76%	1.64%
60 Days		5.27%
90 Days		4.58%
12 Months		20.79%

20 Overlapping Holdings

Symbol	Grade	Weight in JMID	Weight in FTLS	Overlap
ALL	A	2.36%	0.86%	0.86%
CROX	F	0.38%	0.46%	0.38%
CSL	B	1.61%	0.6%	0.6%
EXEL	B	0.9%	0.2%	0.2%
EXP	B	1.38%	0.36%	0.36%
FAST	A	2.2%	-0.03%	-0.03%
HRB	D	0.81%	0.21%	0.21%
HWM	A	0.51%	0.97%	0.51%
JBL	C	1.29%	0.79%	0.79%
KNSL	C	0.52%	0.21%	0.21%
LNG	B	1.41%	1.15%	1.15%
LOPE	B	0.41%	0.1%	0.1%
LPX	B	1.0%	0.31%	0.31%
NTAP	D	2.18%	0.79%	0.79%
PPC	B	0.51%	0.12%	0.12%
SYY	B	0.78%	0.86%	0.78%
TKO	D	0.18%	0.32%	0.18%
VLTO	C	0.89%	0.5%	0.5%
VRSK	A	1.48%	-0.54%	-0.54%
WAT	A	1.05%	-0.31%	-0.31%

JMID Overweight 58 Positions Relative to FTLS

Symbol	Grade	Weight
PLTR	B	3.77%
AMP	A	3.03%
GWW	B	3.02%
APP	B	2.93%
COR	A	2.81%
IT	A	2.77%
CPAY	A	2.41%
EME	B	2.41%
GDDY	A	2.28%
NU	B	2.19%
VRT	B	2.16%
ARES	B	2.07%
EXPE	B	1.92%
SPG	B	1.85%
FIX	B	1.85%
MANH	C	1.73%
POOL	D	1.73%
CLX	A	1.72%
COIN	B	1.7%
BR	A	1.67%
VEEV	B	1.56%
NRG	B	1.37%
DECK	B	1.33%
TPL	B	1.33%
LAMR	D	1.29%
DOCU	B	1.21%
DVA	C	1.15%
ALNY	D	1.09%
BLDR	D	1.01%
DT	C	1.0%
ZBRA	A	0.99%
DXCM	C	0.94%
TPX	B	0.91%
RBLX	B	0.9%
PEGA	A	0.86%
PODD	B	0.85%
WSM	F	0.83%
RMD	C	0.82%
PCTY	A	0.8%
TDC	D	0.74%
UI	B	0.73%
NTNX	B	0.73%
MDB	C	0.73%
BSY	F	0.7%
GNRC	B	0.64%
NXST	C	0.6%
MEDP	C	0.56%
XP	F	0.5%
CACC	D	0.49%
PAYC	B	0.49%
TTEK	C	0.47%
APPF	B	0.44%
RNG	B	0.41%
CVNA	B	0.39%
DOCS	B	0.37%
ENPH	F	0.36%
CELH	F	0.31%
FTRE	D	0.22%

JMID Underweight 364 Positions Relative to FTLS

Symbol	Grade	Weight
AAPL	C	-7.52%
NVDA	B	-4.98%
MSFT	C	-4.5%
AMZN	A	-2.75%
TMUS	A	-2.29%
C	A	-2.21%
LOW	B	-2.16%
ACN	C	-2.13%
SCHW	A	-2.09%
QCOM	F	-2.01%
JNJ	D	-1.94%
PM	C	-1.88%
META	B	-1.84%
FDX	B	-1.66%
PH	A	-1.65%
CME	A	-1.58%
MO	A	-1.48%
GOOGL	B	-1.46%
VLO	D	-1.41%
MPC	D	-1.35%
USB	A	-1.34%
ILMN	C	-1.25%
KMI	B	-1.23%
GOOG	B	-1.22%
CL	F	-1.17%
AVGO	C	-1.16%
CTAS	A	-1.12%
BRK.A	B	-1.12%
TRV	B	-1.05%
TFC	B	-1.03%
HPQ	B	-1.03%
FIS	B	-0.99%
JPM	B	-0.92%
LLY	F	-0.86%
FANG	D	-0.84%
SYF	B	-0.8%
PBR	D	-0.72%
RL	B	-0.71%
TWLO	A	-0.7%
AFL	C	-0.69%
TOL	C	-0.66%
EAT	B	-0.63%
NVR	D	-0.56%
CF	B	-0.55%
PNR	A	-0.55%
INSM	D	-0.55%
BJ	B	-0.49%
FLEX	B	-0.48%
MAS	D	-0.47%
OKTA	C	-0.46%
VRSN	C	-0.46%
ZIM	B	-0.45%
GEN	A	-0.45%
SWK	F	-0.44%
NTRS	A	-0.43%
NVS	F	-0.43%
GL	B	-0.41%
VICI	D	-0.4%
CAG	F	-0.4%
FFIV	A	-0.4%
PENN	B	-0.39%
DBX	B	-0.36%
CRS	B	-0.35%
TTC	F	-0.34%
SNA	A	-0.33%
WRB	B	-0.32%
CCK	D	-0.31%
ALLY	C	-0.31%
JAZZ	B	-0.3%
PI	D	-0.3%
AYI	B	-0.29%
ASO	F	-0.29%
SCHV	A	-0.27%
IWD	A	-0.27%
SPYV	A	-0.26%
RPRX	F	-0.25%
EWBC	B	-0.25%
CNK	B	-0.24%
WHD	B	-0.22%
AIZ	A	-0.22%
MSM	B	-0.21%
UHS	D	-0.2%
SAM	B	-0.2%
ALSN	A	-0.2%
MGY	B	-0.2%
TWST	F	-0.19%
COLB	B	-0.18%
THO	B	-0.18%
ADMA	B	-0.17%
ALKS	B	-0.17%
SKYW	B	-0.16%
CALM	B	-0.16%
UMBF	B	-0.16%
PNFP	B	-0.16%
SFM	B	-0.16%
STNG	F	-0.16%
GLBE	B	-0.16%
MATX	A	-0.15%
PRI	A	-0.15%
CRC	B	-0.15%
LEG	F	-0.14%
LOGI	F	-0.14%
AXS	A	-0.14%
CBT	C	-0.14%
BFH	B	-0.14%
ORI	A	-0.14%
MTG	C	-0.13%
GMS	B	-0.13%
VRNA	C	-0.13%
CSWI	B	-0.13%
GM	A	-0.13%
PAA	D	-0.13%
SIGI	B	-0.13%
OPCH	F	-0.12%
WGO	B	-0.12%
KRG	B	-0.12%
GFF	A	-0.12%
FTDR	B	-0.12%
ZWS	B	-0.12%
BFAM	F	-0.12%
CBSH	A	-0.12%
NSA	D	-0.11%
ABM	B	-0.11%
MMS	D	-0.11%
ENLC	B	-0.11%
HESM	D	-0.11%
AM	B	-0.11%
SMPL	B	-0.11%
GBCI	B	-0.1%
TBBK	B	-0.1%
GRBK	D	-0.1%
THG	A	-0.1%
YOU	D	-0.1%
EXTR	B	-0.1%
TCBI	B	-0.1%
RDFN	D	-0.1%
ESNT	D	-0.09%
PRGS	A	-0.09%
DBRG	F	-0.09%
PAYO	B	-0.09%
KFY	B	-0.09%
VCYT	B	-0.09%
FOLD	D	-0.09%
LCII	C	-0.09%
TXG	F	-0.09%
AZZ	B	-0.08%
KMPR	A	-0.08%
UBSI	B	-0.08%
PLXS	C	-0.08%
HAYW	C	-0.08%
RLI	A	-0.08%
EPR	D	-0.08%
BOH	B	-0.08%
CARG	B	-0.08%
LANC	C	-0.08%
CUBI	B	-0.08%
NMIH	C	-0.07%
EBC	B	-0.07%
FHB	B	-0.07%
PBH	A	-0.07%
BCRX	C	-0.07%
REVG	B	-0.07%
WMB	B	-0.07%
AVNT	B	-0.07%
AMPH	C	-0.06%
GSL	D	-0.06%
PLMR	C	-0.06%
WFG	D	-0.06%
ADUS	D	-0.06%
BRC	A	-0.06%
AUB	B	-0.06%
ICFI	C	-0.06%
MQ	F	-0.06%
ROIC	A	-0.06%
OTEX	D	-0.06%
SUPN	B	-0.06%
MYGN	F	-0.05%
COLL	F	-0.05%
TRMD	F	-0.05%
CDNA	D	-0.04%
VIST	C	--0.02%
CBU	B	--0.02%
HLN	D	--0.02%
DNB	B	--0.02%
SAIA	B	--0.02%
COTY	F	--0.02%
KD	A	--0.02%
RIVN	D	--0.02%
FRO	D	--0.02%
COHR	B	--0.02%
UWMC	F	--0.02%
WOLF	F	--0.02%
HON	B	--0.02%
NVEE	C	--0.02%
LKFN	B	--0.02%
AER	C	--0.02%
ARM	D	--0.02%
IBOC	B	--0.02%
RUN	F	--0.02%
VSAT	F	--0.02%
ASPN	F	--0.02%
EA	A	--0.02%
CVX	B	--0.02%
ENS	D	--0.02%
FSLR	F	--0.02%
TFIN	B	--0.03%
ALB	B	--0.03%
MARA	C	--0.03%
RCL	A	--0.03%
HHH	B	--0.03%
UTZ	F	--0.03%
ICHR	C	--0.03%
CNNE	B	--0.03%
NEOG	F	--0.03%
WMT	A	--0.03%
GE	C	--0.03%
GKOS	A	--0.03%
AMRC	F	--0.03%
BVN	F	--0.03%
RDY	F	--0.03%
CLH	B	--0.03%
BURL	C	--0.03%
NWSA	B	--0.03%
DIOD	F	--0.03%
ARLO	D	--0.03%
OSIS	B	--0.03%
PAR	B	--0.03%
PSMT	C	--0.03%
AZTA	F	--0.03%
SDGR	C	--0.03%
BE	B	--0.03%
RXST	F	--0.03%
TMO	F	--0.03%
AMD	F	--0.03%
BIRK	F	--0.03%
AMRK	F	--0.03%
GPRE	F	--0.03%
SLGN	A	--0.03%
ATEC	C	--0.04%
STZ	D	--0.04%
CTRA	B	--0.04%
CRDO	B	--0.04%
APPN	B	--0.04%
CFLT	B	--0.04%
AMAT	F	--0.04%
IRTC	C	--0.04%
UPST	B	--0.04%
EQT	B	--0.04%
FFIN	B	--0.04%
ERJ	A	--0.04%
RH	C	--0.04%
PRCT	C	--0.04%
ENR	B	--0.04%
OSK	B	--0.04%
AEO	F	--0.05%
ACIW	B	--0.05%
ZD	B	--0.05%
ACVA	C	--0.05%
SOFI	B	--0.05%
VRRM	F	--0.05%
LYFT	B	--0.05%
LMND	B	--0.05%
GATX	A	--0.05%
TTD	B	--0.06%
COP	C	--0.06%
MSA	D	--0.06%
VAL	F	--0.06%
WST	B	--0.06%
AVAV	C	--0.07%
MMYT	C	--0.07%
APO	B	--0.07%
SSB	B	--0.07%
CDW	F	--0.07%
AVY	F	--0.07%
KTOS	B	--0.07%
MUFG	A	--0.07%
HCA	D	--0.07%
DLB	C	--0.07%
SE	B	--0.07%
DY	C	--0.08%
BA	F	--0.08%
VNT	B	--0.08%
NSIT	F	--0.09%
CCOI	C	--0.09%
TRMB	B	--0.09%
R	A	--0.09%
NXPI	F	--0.09%
MAT	C	--0.09%
HAE	B	--0.1%
ING	F	--0.1%
GPC	D	--0.1%
VVV	B	--0.1%
ARGX	A	--0.11%
STM	F	--0.11%
SLB	C	--0.12%
HII	D	--0.12%
IDCC	B	--0.13%
BKR	B	--0.13%
KEYS	C	--0.13%
STE	F	--0.13%
ABT	C	--0.14%
NFLX	A	--0.14%
HQY	B	--0.14%
ASX	F	--0.15%
PKG	B	--0.15%
TM	F	--0.15%
INFY	C	--0.16%
SYK	A	--0.16%
VMC	B	--0.16%
GSK	F	--0.17%
IPG	F	--0.17%
EFX	D	--0.19%
BWXT	A	--0.19%
MU	D	--0.19%
GWRE	A	--0.2%
FMX	F	--0.21%
URI	B	--0.21%
HSBC	C	--0.22%
PCAR	B	--0.22%
CCEP	C	--0.23%
DEO	F	--0.23%
PG	C	--0.25%
KR	A	--0.25%
TYL	B	--0.25%
PANW	A	--0.25%
OMC	B	--0.27%
SAP	C	--0.28%
GEHC	F	--0.28%
NSC	B	--0.28%
INTC	C	--0.3%
MMM	C	--0.3%
ISRG	A	--0.31%
UL	D	--0.31%
SNPS	B	--0.31%
TTWO	A	--0.32%
BABA	D	--0.32%
LMT	C	--0.33%
MDLZ	F	--0.33%
NOW	A	--0.35%
ZBH	C	--0.36%
CMI	A	--0.36%
BK	B	--0.37%
TXN	C	--0.38%
HDB	C	--0.39%
ASML	F	--0.4%
MSI	B	--0.41%
MCD	C	--0.41%
UNH	B	--0.41%
XOM	B	--0.45%
WM	A	--0.46%
MLM	B	--0.49%
DE	D	--0.5%
PNC	B	--0.5%
GD	A	--0.55%
PEP	D	--0.57%
ETN	A	--0.58%
PAYX	B	--0.58%
LIN	D	--0.6%
TSLA	B	--0.61%
DIS	B	--0.66%
CMCSA	B	--0.67%
APD	B	--0.69%
CDNS	B	--0.69%
ORCL	A	--0.82%