JSMD vs. FFSM ETF Comparison

Comparison of Janus Small/Mid Cap Growth Alpha ETF (JSMD) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

JSMD

Janus Small/Mid Cap Growth Alpha ETF

JSMD Description

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

Grade (RS Rating)

Last Trade

$71.24

Average Daily Volume

15,357

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$26.85

Average Daily Volume

23,443

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

Performance

Period	JSMD	FFSM
30 Days	3.16%	4.11%
60 Days	2.08%	2.21%
90 Days	6.95%	5.92%
12 Months	19.87%	25.44%

20 Overlapping Holdings

Symbol	Grade	Weight in JSMD	Weight in FFSM	Overlap
AIT	C	0.74%	0.86%	0.74%
ATKR	F	0.29%	0.61%	0.29%
BJ	D	0.45%	1.32%	0.45%
BOOT	B	0.16%	0.73%	0.16%
CMC	D	0.87%	0.66%	0.66%
CNM	F	0.73%	0.58%	0.58%
CNXC	D	0.42%	0.4%	0.4%
CRL	D	2.02%	0.65%	0.65%
CROX	C	0.27%	1.15%	0.27%
DKS	D	0.43%	0.88%	0.43%
EPRT	A	0.2%	0.49%	0.2%
ESGR	D	0.31%	0.34%	0.31%
EXP	A	1.37%	1.06%	1.06%
FN	D	1.33%	1.14%	1.14%
GMS	C	0.32%	0.35%	0.32%
GPK	A	1.38%	0.73%	0.73%
MEDP	D	2.16%	0.66%	0.66%
MUSA	B	0.39%	1.42%	0.39%
RUSHA	C	0.36%	0.35%	0.35%
TGLS	B	0.29%	0.65%	0.29%

JSMD Overweight 218 Positions Relative to FFSM

Symbol	Grade	Weight
APP	B	3.82%
HEI	A	2.93%
INCY	C	2.88%
NBIX	D	2.47%
BSY	D	2.34%
TECH	D	2.33%
ROL	B	2.31%
BRKR	D	1.9%
ENSG	A	1.75%
HALO	B	1.56%
ERIE	B	1.52%
LNTH	C	1.46%
RGLD	B	1.41%
TTEK	B	1.17%
FIX	B	1.15%
SPSC	D	1.15%
OPCH	C	1.12%
WMS	D	1.06%
CRVL	B	1.05%
DBX	D	1.01%
LSCC	D	0.99%
BMI	A	0.99%
DOCS	B	0.95%
PAYC	D	0.92%
IBKR	B	0.85%
PCTY	D	0.83%
BOX	A	0.79%
QLYS	F	0.76%
WCC	D	0.75%
CORT	B	0.75%
FCN	C	0.74%
AAON	A	0.73%
MLI	B	0.73%
WSC	D	0.71%
SSD	C	0.7%
KNSL	C	0.68%
NYT	C	0.67%
AGCO	D	0.63%
DOCN	B	0.61%
SANM	D	0.6%
CASY	C	0.59%
SITE	D	0.58%
WAL	B	0.56%
PLXS	B	0.56%
EXLS	B	0.55%
ACLS	F	0.54%
TOL	B	0.52%
MTDR	F	0.51%
DV	F	0.5%
WTS	C	0.5%
RYAN	C	0.49%
CSWI	B	0.48%
CPRX	B	0.48%
UFPT	C	0.47%
AMPH	C	0.46%
TNET	D	0.46%
COKE	C	0.45%
PGNY	F	0.45%
ALRM	F	0.45%
PRFT	A	0.44%
RLI	B	0.44%
ADUS	B	0.43%
SFM	B	0.43%
HRMY	B	0.43%
FELE	D	0.42%
WING	B	0.41%
FND	C	0.41%
BLD	D	0.41%
HLNE	B	0.39%
PLUS	B	0.39%
HWKN	C	0.37%
REXR	C	0.37%
USLM	B	0.36%
STRL	C	0.36%
HRI	D	0.36%
KAI	C	0.35%
SIGI	C	0.35%
WTRG	D	0.34%
EVCM	D	0.32%
CBZ	F	0.32%
BRBR	C	0.32%
CELH	F	0.32%
SLM	D	0.3%
STAA	F	0.3%
ZI	D	0.3%
IESC	C	0.3%
CZR	D	0.28%
ELF	F	0.27%
HASI	B	0.26%
LAD	C	0.26%
MTH	B	0.25%
PLAB	D	0.24%
IBOC	C	0.24%
MGRC	F	0.24%
AX	D	0.23%
TRNO	B	0.23%
DAR	F	0.23%
NSSC	D	0.23%
KNTK	A	0.22%
IBP	C	0.21%
ETSY	F	0.21%
VCTR	B	0.21%
ALG	D	0.2%
NMIH	B	0.2%
PJT	C	0.19%
FIVE	D	0.18%
NFE	F	0.18%
AESI	C	0.18%
ABR	C	0.17%
IPAR	D	0.16%
TBBK	B	0.16%
GPI	B	0.16%
PLMR	B	0.15%
ABG	F	0.15%
MYRG	F	0.15%
ACMR	F	0.15%
MHO	B	0.15%
ENVA	C	0.14%
IAS	D	0.14%
GSHD	C	0.14%
IIPR	A	0.13%
CALM	B	0.13%
GRBK	B	0.12%
LPG	F	0.12%
CVCO	B	0.12%
NSA	A	0.12%
MBIN	C	0.12%
SHLS	D	0.11%
CASH	B	0.11%
CRAI	C	0.11%
YETI	D	0.11%
CCRN	F	0.1%
ARRY	F	0.1%
CUBI	F	0.1%
AWR	B	0.1%
NBHC	D	0.1%
SKWD	C	0.1%
OTTR	D	0.1%
RC	F	0.09%
CLFD	C	0.09%
SSTK	F	0.09%
PFBC	C	0.08%
MGPI	C	0.08%
QCRH	C	0.08%
GSL	D	0.08%
NX	D	0.08%
WABC	D	0.08%
RDVT	B	0.07%
HCI	C	0.07%
GRNT	D	0.07%
KE	F	0.07%
DCGO	D	0.07%
BY	C	0.07%
BFC	B	0.06%
AMAL	B	0.06%
ASC	D	0.06%
HGTY	D	0.06%
ANET	C	0.05%
OSBC	B	0.05%
KRT	D	0.05%
PLPC	D	0.05%
CFB	C	0.05%
VITL	D	0.05%
TH	C	0.04%
SMLR	F	0.04%
MCB	C	0.04%
PLYM	D	0.04%
CCBG	B	0.04%
BOWL	D	0.04%
IMXI	D	0.04%
HTBI	B	0.04%
BWMN	F	0.04%
SCLX	F	0.04%
DFH	C	0.04%
FSBC	B	0.04%
BFST	B	0.04%
XPEL	D	0.04%
VEL	B	0.04%
CMPO	B	0.04%
CCB	C	0.04%
MBUU	D	0.03%
NAPA	F	0.03%
TITN	F	0.03%
PAY	C	0.03%
ATLC	D	0.03%
BCAL	D	0.03%
ESQ	A	0.03%
GCBC	D	0.03%
NBN	C	0.03%
HDSN	F	0.03%
ODC	D	0.02%
FRD	F	0.02%
PLBC	C	0.02%
BWFG	B	0.02%
SSBK	C	0.02%
CIVB	C	0.02%
AMPS	F	0.02%
ALTG	F	0.02%
NECB	B	0.02%
REFI	B	0.02%
OBT	C	0.02%
UNTY	C	0.02%
ARHS	F	0.02%
CBNK	B	0.02%
TCBX	A	0.02%
ORRF	B	0.02%
HZO	C	0.02%
VTSI	F	0.01%
PCYO	C	0.01%
MNSB	D	0.01%
FRAF	C	0.01%
MCFT	D	0.01%
PSTL	B	0.01%
ESSA	C	0.01%
OVLY	C	0.01%
LOVE	C	0.01%
KFS	F	0.01%
HGBL	F	0.0%

JSMD Underweight 149 Positions Relative to FFSM

Symbol	Grade	Weight
FTI	D	-1.66%
EME	A	-1.59%
TPX	C	-1.43%
UHS	B	-1.42%
AZO	C	-1.41%
AR	D	-1.29%
ACGL	A	-1.25%
ITT	C	-1.15%
MOH	C	-1.11%
NSIT	C	-1.09%
WHD	C	-1.07%
TMDX	D	-1.07%
CR	C	-1.05%
USFD	A	-1.05%
PFGC	B	-1.03%
JLL	B	-1.03%
RRX	C	-0.99%
CACI	B	-0.99%
SNX	D	-0.95%
ORI	B	-0.95%
LNG	C	-0.94%
DFS	C	-0.93%
DOX	C	-0.93%
VRT	C	-0.91%
NXST	D	-0.86%
RGA	B	-0.8%
AIZ	C	-0.8%
STX	D	-0.79%
SN	B	-0.79%
LBRT	D	-0.76%
AME	D	-0.76%
BC	D	-0.75%
AYI	B	-0.75%
SNV	C	-0.74%
AEIS	D	-0.74%
BECN	D	-0.73%
FCNCA	D	-0.73%
ALSN	B	-0.72%
PNFP	B	-0.72%
FAF	A	-0.71%
VNT	D	-0.7%
HLI	A	-0.68%
PCG	B	-0.68%
ASGN	D	-0.67%
ON	D	-0.67%
VTR	B	-0.66%
FSS	D	-0.66%
KBH	B	-0.65%
LPLA	F	-0.64%
CADE	C	-0.63%
XPO	D	-0.61%
WBS	D	-0.61%
MMS	D	-0.61%
LPX	B	-0.61%
G	B	-0.6%
STLD	F	-0.6%
PRI	B	-0.59%
CHDN	B	-0.58%
HOLX	B	-0.58%
AES	C	-0.58%
ACM	B	-0.58%
CC	F	-0.57%
ESI	D	-0.56%
KBR	D	-0.56%
BCO	B	-0.54%
CBT	B	-0.54%
MTSI	D	-0.53%
ASO	C	-0.53%
CIEN	C	-0.53%
EBC	B	-0.52%
TEX	D	-0.52%
WTFC	C	-0.52%
CAH	B	-0.52%
PVH	D	-0.52%
TENB	D	-0.51%
SF	B	-0.51%
HAYW	D	-0.5%
NOMD	B	-0.49%
CWK	B	-0.49%
AFG	B	-0.48%
RJF	C	-0.48%
BOKF	B	-0.46%
AMN	F	-0.44%
AXTA	C	-0.43%
OLN	D	-0.43%
EAT	B	-0.41%
FIBK	C	-0.41%
CACC	F	-0.4%
CHX	D	-0.4%
ARGX	B	-0.39%
LW	D	-0.38%
LITE	C	-0.37%
NOG	F	-0.37%
FBP	D	-0.36%
IP	B	-0.35%
LEA	F	-0.35%
PRCT	B	-0.35%
GTES	C	-0.35%
ARCB	D	-0.35%
FROG	F	-0.33%
DIOD	F	-0.33%
AZZ	D	-0.33%
MASI	D	-0.31%
MTB	B	-0.3%
WIX	D	-0.3%
FLEX	D	-0.3%
IBTX	B	-0.3%
GVA	B	-0.3%
LAUR	C	-0.29%
DOOO	F	-0.29%
COMP	B	-0.29%
LCII	C	-0.29%
ALGM	D	-0.25%
AAP	F	-0.25%
PCVX	B	-0.22%
RGEN	F	-0.22%
MDGL	F	-0.21%
KFRC	F	-0.21%
CRNX	C	-0.2%
CYTK	D	-0.2%
XPRO	F	-0.19%
PATK	A	-0.18%
OMI	D	-0.16%
NUVL	B	-0.14%
CSTM	D	-0.14%
VCEL	F	-0.14%
ACLX	B	-0.14%
ICLR	F	-0.12%
CLDX	C	-0.12%
VRDN	C	-0.11%
HELE	D	-0.11%
ANAB	C	-0.11%
LBPH	D	-0.1%
AUTL	F	-0.1%
AXSM	C	-0.1%
EWTX	D	-0.1%
TCBK	C	-0.09%
XENE	D	-0.09%
MRUS	D	-0.08%
PBH	B	-0.06%
ARVN	F	-0.05%
KROS	C	-0.02%
TXG	D	-0.02%
MORF	A	-0.0%
INSM	D	-0.0%
ALXO	F	-0.0%
ICHR	F	-0.0%
OI	D	-0.0%
ZNTL	D	-0.0%