JMID vs MID
Janus Henderson Mid Cap Growth Alpha ETF vs American Century Mid Cap Growth Impact ETF
Which is better, JMID or MID?
Each has led over a different period.
JMID has a lower expense ratio. JMID led over the full window, MID over 1Y. JMID is less concentrated, with 23.9% of the fund in its ten largest positions against 52.3%.
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 | JMID | MID |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.39% |
| AUM | $23M | $104M |
| Dividend Yield | 0.53% | 0.14% |
| Holdings | 94 | 35 |
| YTD Return | +8.16% | +11.14%Best |
| 1Y Return | +5.86% | +8.62%Best |
| 3Y Return (annualized) | - | +17.40% |
| 5Y Return (annualized) | - | +5.10% |
| Volatility (annualized) | 17.4% | 15.4%Best |
| Max Drawdown | -25.4% | -23.9%Best |
| $10,000 over 2.1 years | $13,401Best | $12,335 |
| Top 10 Weight | 23.9%Best | 52.3% |
| Fund Family | Janus Henderson Investors | American Century Investments |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Sep 17, 2024 | Jul 15, 2020 |
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 9, 2026 (2.1 years).
JMID vs MID 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.
JMID vs MID Performance
Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an ETF from Janus Henderson Investors and American Century Mid Cap Growth Impact ETF (MID) is an ETF from American Century Investments. Over the past year JMID returned +5.86% while MID returned +8.62%. Year to date, JMID is up 8.16% versus a gain of 11.14% for MID.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMID has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.4% for MID. 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 -25.4% for JMID and -23.9% for MID. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JMID charges 0.30% per year while MID charges 0.39%. On a $10,000 position that is $30 vs $39 annually, a gap of $9 per year that compounds over a long holding period. On income, JMID currently yields 0.53% against 0.14% for MID.
Holdings Overlap
10.6% of JMID's money is in holdings MID also owns. 32.3% of MID's money is in holdings JMID also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 93 positions we hold weights for in JMID and 34 in MID, against full books of 94 and 35.
What only one of them owns
Our book lists 21 positions for MID that do not appear in our book for JMID (60.9% of the fund), and 79 for JMID that do not appear in MID (85.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in JMID | Weight in MID | Difference |
|---|---|---|---|
| NETCloudflare Inc (180 Day Lockup) | 1.13% | 7.80% | 6.67% |
| TRGPTarga Resources Corp Preferred | 1.38% | 4.68% | 3.30% |
| MTSIMacom Technology Solutions Holdings, Inc. | 0.29% | 4.78% | 4.49% |
| DXCMDexcom Inc. | 2.72% | 1.51% | 1.21% |
| RDDTReddit Inc-Cl A | 1.47% | 2.62% | 1.15% |
| VSTVistra Energy Corp. | 0.91% | 3.17% | 2.26% |
| ALNYAlnylam Pharmaceuticals Inc. | 0.84% | 3.14% | 2.30% |
| IDXXIdexx Laboratories Inc Common Stock Usd 0.1 | 0.59% | 2.24% | 1.65% |
| AFRMAffirm Holdings Inc Class A | 1.25% | 1.10% | 0.15% |
| CPAYCorpay Inc | 0.06% | 1.25% | 1.19% |
32.3% of MID is already inside JMID.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JMID or MID?
JMID has an expense ratio of 0.30% while MID charges 0.39%. JMID is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, JMID or MID?
Over the past year JMID returned +5.86% vs +8.62% for MID, so MID leads on 1-year performance. Over the longest common window we track (2 years), JMID annualized +14.96% vs +10.51% for MID. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMID or MID?
JMID has been the more volatile fund at 17.4% annualized versus 15.4% for MID. Worst drawdown: JMID -25.4% vs MID -23.9%.
Should I hold both JMID and MID?
JMID and MID have a monthly-return correlation of 0.89, 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 JMID and MID?
32.3% of MID's money is in holdings JMID also owns. 32.3% of MID's is in holdings JMID also owns. They hold 10 positions in common, counted across the 93 positions we hold weights for in JMID and 34 in MID.
Which pays a higher dividend, JMID or MID?
JMID yields 0.53% while MID yields 0.14%, so JMID currently pays the higher dividend yield.
Is MID better than JMID?
JMID has a lower expense ratio. JMID led over the full window, MID over 1Y. JMID is less concentrated, with 23.9% of the fund in its ten largest positions against 52.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.