JSML vs VYM
JSML vs VYM
Janus Henderson Small Cap Growth Alpha ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. JSML delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | JSML | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.04% | |
| AUM | $322M | $79.0B | |
| Dividend Yield | 0.86% | 2.86% | |
| Holdings | 122 | 568 | |
| YTD Return | +25.22% | +15.80% | |
| 1Y Return | +35.26% | +26.12% | |
| 3Y Return (annualized) | +18.76% | +18.25% | |
| 5Y Return (annualized) | +6.92% | +12.51% | |
| Volatility (annualized) | 23.0% | 14.6% | |
| Max Drawdown | -39.6% | -58.8% | |
| Fund Family | Janus Henderson Investors | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2016 | Nov 10, 2006 |
JSML vs VYM Performance
Janus Henderson Small Cap Growth Alpha ETF (JSML) is a ETF from Janus Henderson Investors and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year JSML returned +35.26% while VYM returned +26.12%. Year to date, JSML is up 25.22% versus a gain of 15.80% for VYM.
Over three years, JSML compounded at +18.76% per year against +18.25% for VYM; over five years the annualized figures are +6.92% and +12.51% respectively. Across the full 10-year window we track, JSML has the edge at +13.70% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JSML has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 14.6% for VYM. 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 -39.6% for JSML and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JSML charges 0.30% per year while VYM charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, JSML currently yields 0.86% against 2.86% for VYM.
Holdings Overlap
JSML and VYM share 7 holdings out of 672 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in JSML | Weight in VYM | Difference |
|---|---|---|---|
| PIPR | 1.69% | 0.02% | 1.67% |
| SFBS | 1.47% | 0.02% | 1.45% |
| VCTR | 1.34% | 0.01% | 1.33% |
| ENR | Pro | Pro | Pro |
| KTB | Pro | Pro | Pro |
| YOU | Pro | Pro | Pro |
| IPAR | Pro | Pro | Pro |
See all 7 holdings JSML shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, JSML or VYM?
JSML has an expense ratio of 0.30% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, JSML or VYM?
Over the past year JSML returned +35.26% vs +26.12% for VYM, so JSML leads on 1-year performance. Over the longest common window we track (10 years), JSML annualized +13.70% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, JSML or VYM?
JSML has been the more volatile fund at 23.0% annualized versus 14.6% for VYM. Worst drawdown: JSML -39.6% vs VYM -58.8%.
Should I hold both JSML and VYM?
JSML and VYM have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JSML and VYM?
JSML and VYM share 7 common holdings with a 0.1% weight overlap. Combined, they hold 672 unique securities.
Which pays a higher dividend, JSML or VYM?
JSML yields 0.86% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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