JMID vs. IGV ETF Comparison

Comparison of Janus Henderson Mid Cap Growth Alpha ETF (JMID) to iShares Expanded Tech-Software Sector ETF (IGV)

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

$29.47

Average Daily Volume

2,902

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.04

Average Daily Volume

3,799,024

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

Performance

Period	JMID	IGV
30 Days	13.00%	16.80%
60 Days	15.60%	18.87%
90 Days		22.77%
12 Months		39.74%

11 Overlapping Holdings

Symbol	Grade	Weight in JMID	Weight in IGV	Overlap
APP	B	3.36%	2.13%	2.13%
APPF	B	0.43%	0.19%	0.19%
BSY	D	0.66%	0.26%	0.26%
DOCU	A	1.26%	0.58%	0.58%
DT	C	0.98%	0.56%	0.56%
MANH	D	1.69%	0.6%	0.6%
NTNX	A	0.73%	0.61%	0.61%
PEGA	A	0.88%	0.14%	0.14%
PLTR	B	3.96%	4.17%	3.96%
RNG	B	0.38%	0.11%	0.11%
TDC	D	0.74%	0.1%	0.1%

JMID Overweight 67 Positions Relative to IGV

Symbol	Grade	Weight
AMP	A	3.08%
GWW	B	2.97%
COR	B	2.74%
IT	C	2.72%
CPAY	A	2.55%
ALL	A	2.4%
EME	C	2.37%
GDDY	A	2.35%
NU	C	2.16%
FAST	B	2.15%
VRT	B	2.12%
NTAP	C	2.08%
ARES	A	2.06%
EXPE	B	1.98%
SPG	B	1.86%
COIN	C	1.84%
FIX	A	1.81%
CLX	B	1.73%
BR	A	1.7%
POOL	C	1.66%
CSL	C	1.6%
VEEV	C	1.59%
VRSK	A	1.49%
LNG	B	1.46%
DECK	A	1.35%
EXP	A	1.34%
TPL	A	1.34%
NRG	B	1.29%
JBL	B	1.2%
LAMR	D	1.2%
DVA	B	1.17%
LPX	B	1.03%
ALNY	D	1.02%
DXCM	D	1.01%
WAT	B	1.01%
BLDR	D	1.01%
ZBRA	B	0.99%
UI	A	0.95%
TPX	B	0.91%
PODD	C	0.89%
RBLX	C	0.89%
EXEL	B	0.87%
VLTO	D	0.87%
WSM	B	0.81%
PCTY	B	0.78%
SYY	B	0.76%
RMD	C	0.75%
HRB	D	0.74%
MDB	C	0.71%
GNRC	B	0.63%
KNSL	B	0.54%
NXST	C	0.52%
HWM	A	0.52%
MEDP	D	0.52%
PAYC	B	0.48%
CACC	D	0.48%
PPC	C	0.48%
XP	F	0.47%
DOCS	C	0.44%
LOPE	B	0.41%
TTEK	F	0.4%
CVNA	B	0.38%
CROX	D	0.37%
ENPH	F	0.32%
CELH	F	0.28%
FTRE	D	0.24%
TKO	B	0.18%

JMID Underweight 98 Positions Relative to IGV

Symbol	Grade	Weight
CRM	B	-9.42%
ORCL	B	-8.34%
MSFT	F	-7.19%
NOW	A	-7.13%
ADBE	C	-6.5%
PANW	C	-4.35%
INTU	C	-4.13%
SNPS	B	-2.94%
CDNS	B	-2.91%
CRWD	B	-2.79%
ADSK	A	-2.31%
ROP	B	-2.12%
FTNT	C	-2.1%
WDAY	B	-2.02%
MSTR	C	-2.0%
FICO	B	-1.99%
DDOG	A	-1.43%
TEAM	A	-1.39%
EA	A	-1.38%
HUBS	A	-1.25%
TTWO	A	-1.04%
ANSS	B	-1.04%
TYL	B	-0.92%
PTC	A	-0.8%
ZM	B	-0.76%
ZS	C	-0.68%
GWRE	A	-0.57%
GEN	B	-0.57%
SNAP	C	-0.4%
IOT	A	-0.36%
BILL	A	-0.3%
S	B	-0.28%
PCOR	B	-0.27%
ESTC	C	-0.27%
SMAR	A	-0.27%
CVLT	B	-0.26%
GTLB	B	-0.25%
CFLT	B	-0.25%
DBX	B	-0.23%
AZPN	A	-0.23%
SPSC	C	-0.23%
MARA	C	-0.22%
ALTR	B	-0.22%
VRNS	D	-0.21%
QTWO	A	-0.21%
CWAN	B	-0.2%
PATH	C	-0.2%
ACIW	B	-0.2%
AUR	C	-0.19%
U	C	-0.19%
QLYS	C	-0.19%
HCP	B	-0.18%
WK	B	-0.17%
CCCS	B	-0.17%
TENB	C	-0.17%
BOX	B	-0.17%
IDCC	A	-0.16%
DLB	B	-0.15%
NCNO	B	-0.13%
BLKB	B	-0.12%
CLSK	C	-0.12%
ZETA	D	-0.12%
BL	B	-0.11%
RIOT	C	-0.11%
INTA	A	-0.1%
DV	C	-0.1%
PRGS	A	-0.1%
AI	B	-0.1%
FIVN	C	-0.1%
FRSH	C	-0.1%
ALRM	C	-0.1%
YOU	D	-0.09%
VERX	B	-0.09%
RPD	C	-0.09%
ENV	B	-0.09%
AGYS	A	-0.09%
BRZE	C	-0.08%
ALKT	B	-0.08%
PD	C	-0.07%
RAMP	C	-0.07%
VYX	B	-0.07%
AVPT	A	-0.06%
MTTR	B	-0.05%
ZUO	B	-0.05%
SPT	C	-0.05%
VRNT	C	-0.05%
APPN	B	-0.05%
PRO	C	-0.04%
ASAN	C	-0.04%
ATEN	B	-0.04%
ADEA	D	-0.04%
SWI	B	-0.03%
NABL	F	-0.03%
CXM	C	-0.03%
JAMF	F	-0.03%
SEMR	B	-0.02%
MLNK	B	-0.02%
ETWO	F	-0.02%