Janus Henderson Smart Growth® Indices

DESIGNED TO ACCESS DURABLE SMALL AND MID-CAP GROWTH.

Janus Henderson Smart Growth Indices are rooted in our firm’s rich heritage of fundamental equity research and more than 45 years of experience in small- and mid-cap investing. By taking into account the growth, profitability and capital efficiency of a company, Smart Growth indices seek to systematically identify stocks with sustainable growth characteristics that may outperform during market downturns.

  • Proprietary methodology evaluates stocks based on a wide range of fundamental measures, including profitability and return on income.
  • Top 10% of eligible stocks are selected from a pool of thousands.
  • Stocks are weighted by market capitalization after adjusting for sector weights and single-stock concentration.
  • Sectors are weighted to align with Janus Henderson Venture Fund and Janus Henderson Triton Fund.

HOW IT WORKS

1

Identify stocks poised for growth

2

Evaluate Smart Growth Potential

3

Sector weights align with Janus Henderson mutual funds

The Smart Growth® Indices

Historical Performance (As of 04/01/2025)

Close Section
Cumulative Return (%) Annualized Return (%) Max Drawdown Volatility Downside Volatility Sharpe Ratio Sortino Ratio
Statistics are not provided for periods less than 1 year.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.

Index Performance (As of 04/02/2025)

Close Section
1 month 3 month 6 month YTD 1 year 3 year 5 year 10 year Since inception date
(12/31/2015)
Total return (%) -2.86 -5.82 8.09 -6.07 5.65 3.31 14.72 - 9.87
Excess return (%) relative to the Russell 2000 Growth TR USD 2.91 3.86 3.94 3.30 5.92 2.26 2.22 - 2.08
Returns greater than one year are annualized.
A comparison benchmark is provided for information purposes only to represent the market environment existing during the periods shown.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.

Top 10 Components (As of 04/02/2025)

Close Section
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%

Corcept Therapeutics Incorporated. (CORT)

4.28%

CorVel Corporation (CRVL)

3.13%

Rush Enterprises, Inc. Class A (RUSHA)

2.27%

Franklin Electric Co., Inc. (FELE)

2.25%

Hims & Hers Health, Inc. Class A (HIMS)

2.14%

Kadant Inc. (KAI)

2.11%

Mueller Water Products, Inc. Class A (MWA)

2.10%

InterDigital, Inc. (IDCC)

1.95%

Catalyst Pharmaceuticals, Inc. (CPRX)

1.91%

IES Holdings, Inc. (IESC)

1.84%

Weight of Top 10 Within Portfolio

23.97%

Component Ticker Sector* Weight (%)
Corcept Therapeutics Incorporated. CORT Health Care 4.28
CorVel Corporation CRVL Health Care 3.13
Rush Enterprises, Inc. Class A RUSHA Industrials 2.27
Franklin Electric Co., Inc. FELE Industrials 2.25
Hims & Hers Health, Inc. Class A HIMS Health Care 2.14
Kadant Inc. KAI Industrials 2.11
Mueller Water Products, Inc. Class A MWA Industrials 2.10
InterDigital, Inc. IDCC Information Technology 1.95
Catalyst Pharmaceuticals, Inc. CPRX Health Care 1.91
IES Holdings, Inc. IESC Industrials 1.84
Total 23.97
Download Full Holdings
Sector weights based on GICS.

Historical Sector Weights (As of 04/01/2025)

Close Section

Displays the historical weights of each GICS sector in the index, at the index quarterly rebalance

Chart unavailable

Index Facts (As of 04/01/2025)

Daily Level 600.62 (As of 04/01/2025)
Close Section
Ticker JSMLID Index
Base Date 05/31/2005
Inception Date 12/31/2015
Number of Components 200
Eligible Universe Solactive US Small Cap Index
Rebalancing Frequency Quarterly
Publishing Frequency Daily
Weighting Methodology Proprietary Weighting Methodology
Past performance is no guarantee of future results.
There is no assurance that the proprietary rules-based index methodology will select securities that individually, or in the aggregate, outperform the applicable broader market universe.
Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment. The performance of any index herein is not illustrative of the performance of any security.
Any index performance prior to the index inception date is pre-inception data and is hypothetical. Pre-inception data is based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of any trading strategy based on the applicable index. Simulated index returns (including pre-inception data) that have been produced by the retroactive application of a back-tested methodology may reflect a bias toward strategies that have performed well in the past. Any pre-inception data was produced by the index sponsor, Janus Henderson Indices LLC. The index methodologies are available above. Actual index performance may vary significantly from pre-inception data.

Historical Performance (As of 04/01/2025)

Close Section
Cumulative Return (%) Annualized Return (%) Max Drawdown Volatility Downside Volatility Sharpe Ratio Sortino Ratio
Statistics are not provided for periods less than 1 year.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.

Index Performance (As of 04/02/2025)

Close Section
1 month 3 month 6 month YTD 1 year 3 year 5 year 10 year Since inception date
(12/31/2015)
Total return (%) -2.20 -5.08 7.39 -5.35 5.13 5.97 16.85 - 11.68
Excess return (%) relative to the Russell 2500 Growth TR USD 3.58 3.89 4.98 3.34 6.71 4.96 3.83 - 2.48
Returns greater than one year are annualized.
A comparison benchmark is provided for information purposes only to represent the market environment existing during the periods shown.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.

Top 10 Components (As of 04/02/2025)

Close Section
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%

Southern Copper Corporation (SCCO)

3.26%

Neurocrine Biosciences, Inc. (NBIX)

2.53%

Medpace Holdings, Inc. (MEDP)

2.22%

Corcept Therapeutics Incorporated. (CORT)

2.07%

Halozyme Therapeutics, Inc. (HALO)

1.82%

Doximity, Inc. Class A (DOCS)

1.81%

Ensign Group, Inc. (ENSG)

1.78%

EPAM Systems, Inc. (EPAM)

1.71%

Hims & Hers Health, Inc. Class A (HIMS)

1.56%

Lantheus Holdings Inc (LNTH)

1.56%

Weight of Top 10 Within Portfolio

20.34%

Component Ticker Sector* Weight (%)
Southern Copper Corporation SCCO Materials 3.26
Neurocrine Biosciences, Inc. NBIX Health Care 2.53
Medpace Holdings, Inc. MEDP Health Care 2.22
Corcept Therapeutics Incorporated. CORT Health Care 2.07
Halozyme Therapeutics, Inc. HALO Health Care 1.82
Doximity, Inc. Class A DOCS Health Care 1.81
Ensign Group, Inc. ENSG Health Care 1.78
EPAM Systems, Inc. EPAM Information Technology 1.71
Hims & Hers Health, Inc. Class A HIMS Health Care 1.56
Lantheus Holdings Inc LNTH Health Care 1.56
Total 20.34
Download Full Holdings
Sector weights based on GICS.

Historical Sector Weights (As of 04/01/2025)

Close Section

Displays the historical weights of each GICS sector in the index, at the index quarterly rebalance

Chart unavailable

Index Facts (As of 04/01/2025)

Daily Level 692.07 (As of 04/01/2025)
Close Section
Ticker JSMDID Index
Base Date 05/31/2005
Inception Date 12/31/2015
Number of Components 250
Eligible Universe Solactive US Small & Mid Cap Index
Rebalancing Frequency Quarterly
Publishing Frequency Daily
Weighting Methodology Proprietary Weighting Methodology
Past performance is no guarantee of future results.
There is no assurance that the proprietary rules-based index methodology will select securities that individually, or in the aggregate, outperform the applicable broader market universe.
Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment. The performance of any index herein is not illustrative of the performance of any security.
Any index performance prior to the index inception date is pre-inception data and is hypothetical. Pre-inception data is based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of any trading strategy based on the applicable index. Simulated index returns (including pre-inception data) that have been produced by the retroactive application of a back-tested methodology may reflect a bias toward strategies that have performed well in the past. Any pre-inception data was produced by the index sponsor, Janus Henderson Indices LLC. The index methodologies are available above. Actual index performance may vary significantly from pre-inception data.
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