JSML vs. RULE ETF Comparison

Comparison of Janus Small Cap Growth Alpha ETF (JSML) to Adaptive Core ETF (RULE)

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

$60.57

Average Daily Volume

13,656

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

RULE

Adaptive Core ETF

RULE Description

Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$21.97

Average Daily Volume

5,802

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JSML	RULE
30 Days	3.70%	1.52%
60 Days	2.40%	1.48%
90 Days	4.97%	2.68%
12 Months	5.24%	12.01%

1 Overlapping Holdings

	Symbol	Grade	Weight in JSML	Weight in RULE	Overlap
	ANET	C	0.18%	3.1%	0.18%

JSML Overweight 197 Positions Relative to RULE

Symbol	Grade	Weight
CRVL	B	3.23%
DOCS	C	2.88%
CORT	C	2.83%
PGNY	D	2.4%
AMR	D	2.28%
UFPT	B	1.99%
DY	B	1.91%
STAA	C	1.89%
PWSC	C	1.72%
ADUS	B	1.71%
SANM	A	1.7%
AMPH	F	1.68%
FELE	C	1.66%
CNXC	D	1.65%
LMAT	A	1.63%
CPRX	C	1.61%
DV	F	1.6%
CSWI	B	1.58%
HRMY	C	1.56%
ALRM	C	1.49%
DOCN	D	1.47%
HRI	D	1.41%
CBZ	C	1.41%
STRL	D	1.36%
KFY	C	1.33%
KAI	C	1.32%
PLXS	C	1.32%
NABL	B	1.27%
RUSHA	C	1.23%
PRFT	C	1.22%
GMS	D	1.21%
PAG	C	1.17%
USLM	B	1.11%
IESC	C	1.1%
HWKN	B	1.04%
PRIM	C	1.0%
EVCM	C	0.95%
PLUS	D	0.92%
NSSC	B	0.92%
TGLS	C	0.9%
MYRG	D	0.86%
ALG	F	0.77%
IPAR	D	0.75%
PLAB	D	0.74%
TNC	D	0.71%
ACMR	D	0.63%
IAS	D	0.62%
HLNE	A	0.6%
ESGR	B	0.58%
ARRY	F	0.58%
CALM	A	0.56%
FOUR	C	0.53%
SSTK	F	0.51%
IRMD	C	0.5%
BMBL	F	0.49%
GPI	D	0.48%
BOOT	C	0.47%
GOLF	D	0.47%
UMBF	A	0.47%
CRAI	B	0.45%
TR	D	0.44%
IBOC	A	0.42%
CCRN	F	0.42%
TRNS	C	0.42%
HASI	C	0.39%
VITL	C	0.39%
SHLS	F	0.39%
GSL	D	0.39%
SFBS	B	0.39%
MHO	C	0.39%
AX	B	0.38%
YETI	D	0.38%
VCTR	C	0.37%
LRN	D	0.36%
NX	F	0.34%
CVCO	C	0.34%
MGPI	F	0.33%
BANF	C	0.33%
NMIH	A	0.32%
ABR	B	0.32%
FHI	B	0.32%
PJT	B	0.31%
GRBK	A	0.3%
AMK	B	0.3%
SCLX	C	0.29%
WOR	F	0.28%
SNEX	B	0.28%
DCGO	F	0.27%
MYE	F	0.26%
MITK	F	0.25%
CLFD	C	0.25%
KE	D	0.25%
MLR	D	0.24%
PLMR	C	0.24%
TCMD	F	0.24%
PLPC	F	0.23%
TBBK	C	0.23%
BWMN	C	0.22%
NFE	F	0.22%
MBIN	C	0.22%
SMLR	D	0.21%
KRT	C	0.21%
FC	C	0.2%
ENVA	A	0.2%
IMKTA	D	0.2%
CUBI	B	0.18%
NAPA	F	0.17%
SKWD	C	0.17%
GSHD	F	0.17%
CASH	B	0.17%
SYBT	A	0.17%
INSW	D	0.16%
RDVT	A	0.16%
CEIX	C	0.16%
RC	C	0.16%
HDSN	F	0.15%
WABC	C	0.15%
MCRI	C	0.15%
BOWL	C	0.15%
HIBB	A	0.13%
UEC	C	0.13%
NSA	B	0.13%
PFBC	C	0.13%
IIPR	A	0.13%
TITN	F	0.13%
KNTK	B	0.13%
JOE	C	0.13%
AESI	D	0.12%
GABC	A	0.12%
BY	A	0.12%
XPEL	F	0.11%
HGTY	A	0.11%
HCI	F	0.11%
QCRH	A	0.11%
BFC	B	0.1%
ARHS	D	0.1%
ALTG	F	0.1%
DFH	F	0.1%
IBEX	C	0.1%
TH	F	0.1%
LPG	D	0.09%
AMAL	A	0.09%
OSBC	B	0.08%
PARR	F	0.08%
IMXI	F	0.08%
CFB	A	0.08%
HZO	C	0.08%
MBUU	F	0.08%
RELL	C	0.07%
TIPT	D	0.07%
CCB	B	0.07%
VEL	B	0.07%
NBN	B	0.06%
MCB	C	0.06%
FRD	D	0.06%
FSBC	C	0.06%
HTBI	B	0.06%
GCBC	C	0.06%
BFST	C	0.06%
ODC	F	0.06%
LINC	B	0.05%
ESQ	C	0.05%
ONEW	C	0.05%
ASC	D	0.05%
PAY	D	0.05%
ATLC	C	0.05%
RCMT	F	0.05%
CCBG	C	0.05%
FBIZ	B	0.04%
MCFT	F	0.04%
LOVE	C	0.04%
PLYM	C	0.04%
NXRT	C	0.04%
GRNT	C	0.04%
KFS	C	0.03%
CIVB	C	0.03%
SSBK	C	0.03%
AFCG	F	0.03%
BCAL	D	0.03%
NECB	A	0.03%
VTSI	F	0.03%
OBT	C	0.03%
CBNK	C	0.03%
UNTY	B	0.03%
TCBX	B	0.03%
REFI	B	0.03%
ORRF	B	0.03%
HNRG	D	0.02%
BWFG	D	0.02%
OVLY	C	0.02%
PLBC	C	0.02%
HGBL	D	0.01%
PSTL	B	0.01%
CZWI	C	0.01%
SACH	F	0.01%
FRAF	D	0.01%
MNSB	D	0.01%

JSML Underweight 34 Positions Relative to RULE

Symbol	Grade	Weight
BIL	B	-4.33%
JPST	B	-4.3%
APH	B	-3.76%
GOOGL	C	-3.06%
K	D	-3.03%
ETN	C	-2.99%
XLG	B	-2.96%
SPHQ	B	-2.93%
MU	C	-2.91%
COF	C	-2.91%
VEEV	D	-2.88%
LRCX	C	-2.83%
LLY	B	-2.83%
IWF	B	-2.83%
ISRG	B	-2.8%
MSFT	C	-2.79%
NTAP	B	-2.79%
CDNS	C	-2.77%
ZS	C	-2.75%
COST	C	-2.73%
ZTS	C	-2.73%
NOW	C	-2.72%
FITB	B	-2.71%
PWR	D	-2.71%
MSI	B	-2.69%
CRWD	C	-2.68%
VRSK	B	-2.65%
WAB	D	-2.65%
TT	A	-2.64%
BRO	B	-2.6%
IR	B	-2.44%
TMO	D	-2.34%
NVDA	C	-2.2%
ARES	C	-1.97%