JMID vs VOO
Janus Henderson Mid Cap Growth Alpha ETF vs Vanguard S&P 500 ETF
Which is better, JMID or VOO?
Mid Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window. JMID is less concentrated, with 23.9% of the fund in its ten largest positions against 37.6%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.30% | 0.03%Best |
| AUM | $22M | $997.4B |
| Dividend Yield | 0.56% | 1.04% |
| Holdings | 94 | 509 |
| YTD Return | +7.82% | +13.82%Best |
| 1Y Return | +6.28% | +18.56%Best |
| 3Y Return (annualized) | - | +23.49% |
| 5Y Return (annualized) | - | +13.34% |
| Volatility (annualized) | 17.5% | 12.6%Best |
| Max Drawdown | -25.4% | -18.7%Best |
| $10,000 over 2 years | $12,787 | $14,078Best |
| Top 10 Weight | 23.9%Best | 37.6% |
| Fund Family | Janus Henderson Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Sep 17, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 18, 2024 to Sep 25, 2026 (2 years).
JMID vs VOO 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 years both funds cover.
JMID vs VOO Performance
Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an ETF from Janus Henderson Investors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year JMID returned +6.28% while VOO returned +18.56%. Year to date, JMID is up 7.82% versus a gain of 13.82% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMID has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 12.6% for VOO. 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 -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JMID charges 0.30% per year while VOO charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, JMID currently yields 0.56% against 1.04% for VOO.
Holdings Overlap
48.5% of JMID's money is in holdings VOO also owns. 2.4% of VOO's money is in holdings JMID also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 93 positions we hold weights for in JMID and 494 in VOO, against full books of 94 and 509.
What only one of them owns
Our book lists 449 positions for VOO that do not appear in our book for JMID (96.8% of the fund), and 51 for JMID that do not appear in VOO (46.8%).
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 VOO | Difference |
|---|---|---|---|
| DXCMDexcom Inc. | 2.85% | 0.05% | 2.80% |
| FIXComfort Systems USA Inc. | 2.59% | 0.09% | 2.50% |
| EXPEExpedia Group Inc (consumer Discretionary) | 2.59% | 0.05% | 2.54% |
| TERTeradyne Inc - Common | 2.28% | 0.09% | 2.19% |
| LITELumentum Holdings Inc | 2.25% | 0.09% | 2.16% |
| NTAPNetapp Inc | 2.11% | 0.05% | 2.06% |
| GDDYGodaddy Inc. Class A | 2.10% | 0.02% | 2.08% |
| DDOGDatadog Inc | 1.96% | 0.14% | 1.82% |
| ITGartner Inc. | 2.06% | 0.02% | 2.04% |
| WDAYWorkday, Inc., Class A | 1.96% | 0.05% | 1.91% |
48.5% of JMID is already inside VOO.
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 VOO?
JMID has an expense ratio of 0.30% while VOO charges 0.03%. VOO is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, JMID or VOO?
Over the past year JMID returned +6.28% vs +18.56% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), JMID annualized +13.08% vs +18.65% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMID or VOO?
JMID has been the more volatile fund at 17.5% annualized versus 12.6% for VOO. Worst drawdown: JMID -25.4% vs VOO -18.7%.
Should I hold both JMID and VOO?
JMID and VOO have a monthly-return correlation of 0.82, 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 VOO?
48.5% of JMID's money is in holdings VOO also owns. 2.4% of VOO's is in holdings JMID also owns. They hold 38 positions in common, counted across the 93 positions we hold weights for in JMID and 494 in VOO.
Which pays a higher dividend, JMID or VOO?
JMID yields 0.56% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than JMID?
VOO has a lower expense ratio. VOO led over 1Y and the full window. JMID is less concentrated, with 23.9% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.