FRTY vs JMID
Alger Mid Cap 40 ETF vs Janus Henderson Mid Cap Growth Alpha ETF
Which is better, FRTY or JMID?
Each has led over a different period.
JMID has a lower expense ratio. FRTY led over the full window, JMID over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FRTY | JMID |
|---|---|---|
| Expense Ratio | 0.60% | 0.30%Best |
| AUM | $151M | $23M |
| Dividend Yield | 0.17% | 0.53% |
| Holdings | 43 | 94 |
| YTD Return | +4.13% | +8.16%Best |
| 1Y Return | -2.01% | +5.86%Best |
| 3Y Return (annualized) | +22.26% | - |
| 5Y Return (annualized) | -0.02% | - |
| Volatility (annualized) | 24.9% | 17.2%Best |
| Max Drawdown | -31.5% | -25.4%Best |
| $10,000 over 2.1 years | $13,514Best | $12,902 |
| Fund Family | Alger | Janus Henderson Investors |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Feb 26, 2021 | Sep 17, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 18, 2024 to Oct 14, 2026 (2.1 years).
FRTY vs JMID growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
FRTY vs JMID Performance
Alger Mid Cap 40 ETF (FRTY) is an ETF from Alger and Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an ETF from Janus Henderson Investors. Over the past year FRTY returned -2.01% while JMID returned +5.86%. Year to date, FRTY is up 4.13% versus a gain of 8.16% for JMID.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FRTY has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 17.2% for JMID. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -31.5% for FRTY and -25.4% for JMID. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FRTY charges 0.60% per year while JMID charges 0.30%. On a $10,000 position that is $60 vs $30 annually, a gap of $30 per year that compounds over a long holding period. On income, FRTY currently yields 0.17% against 0.53% for JMID.
Holdings Overlap
At least 14.0% of JMID's money is in holdings FRTY also owns.
Stated as a floor: for FRTY, our book for it covers 90.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
JMID and FRTY share little of their money.
11 positions in common, counted across the 40 positions we hold weights for in FRTY and 93 in JMID, against full books of 43 and 94.
Top Shared Holdings
| Stock | Weight in FRTY | Weight in JMID | Difference |
|---|---|---|---|
| SNOWSnowflake Inc | 3.44% | 2.77% | 0.67% |
| FIXComfort Systems USA Inc. | 3.14% | 2.76% | 0.38% |
| NETCloudflare Inc (180 Day Lockup) | 3.99% | 1.13% | 2.86% |
| HEI.AHeico Corp. Cl. A | 2.96% | 1.81% | 1.15% |
| DDOGDatadog Inc | 2.30% | 1.94% | 0.36% |
| GHGuardant Health, Inc | 3.22% | 0.86% | 2.36% |
| ALABAstera Labs Inc - Common | 1.48% | 1.27% | 0.21% |
| HOODRobinhood Markets Inc - A | 2.31% | 0.31% | 2.00% |
| MCHPMicrochip Technology Inc. | 1.90% | 0.26% | 1.64% |
| MODModine Manufacturing Company | 1.69% | 0.37% | 1.32% |
You are not choosing between two funds in isolation.
Whichever of FRTY and JMID you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FRTY or JMID?
FRTY has an expense ratio of 0.60% while JMID charges 0.30%. JMID is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, FRTY or JMID?
Over the past year FRTY returned -2.01% vs +5.86% for JMID, so JMID leads on 1-year performance. Over the longest common window we track (2 years), FRTY annualized +15.42% vs +12.90% for JMID. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FRTY or JMID?
FRTY has been the more volatile fund at 24.9% annualized versus 17.2% for JMID. Worst drawdown: FRTY -31.5% vs JMID -25.4%.
Should I hold both FRTY and JMID?
FRTY and JMID have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FRTY and JMID?
At least 14.0% of JMID's money is in holdings FRTY also owns. Our book for FRTY is partial, so the real figure is this or higher. They hold 11 positions in common, counted across the 40 positions we hold weights for in FRTY and 93 in JMID.
Which pays a higher dividend, FRTY or JMID?
FRTY yields 0.17% while JMID yields 0.53%, so JMID currently pays the higher dividend yield.
Is JMID better than FRTY?
JMID has a lower expense ratio. FRTY led over the full window, JMID over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.