JSMD vs. INFL ETF Comparison

Comparison of Janus Small/Mid Cap Growth Alpha ETF (JSMD) to Horizon Kinetics Inflation Beneficiaries ETF (INFL)

JSMD

Janus Small/Mid Cap Growth Alpha ETF

JSMD Description

Janus Small/Mid Cap Growth Alpha ETF seeks investment results that correspond generally, before fees and expenses, to the performance of the Janus Small/Mid Cap Growth Alpha Index.

Grade (RS Rating)

Last Trade

$67.05

Average Daily Volume

20,927

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

INFL

Horizon Kinetics Inflation Beneficiaries ETF

INFL Description

The investment seeks long-term growth of capital in real (inflation-adjusted) terms. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.06

Average Daily Volume

160,702

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JSMD	INFL
30 Days	-1.86%	-2.82%
60 Days	-2.25%	3.55%
90 Days	2.67%	6.23%
12 Months	22.24%	6.61%

1 Overlapping Holdings

	Symbol	Grade	Weight in JSMD	Weight in INFL	Overlap
	CRL	D	2.77%	2.68%	2.68%

JSMD Overweight 243 Positions Relative to INFL

Symbol	Grade	Weight
NBIX	A	3.23%
BSY	B	3.17%
MEDP	D	3.04%
SWAV	A	3.04%
BRKR	F	2.77%
HEI	A	2.36%
ROL	B	2.02%
SPSC	C	1.7%
ENSG	D	1.66%
FN	D	1.61%
EME	A	1.6%
DBX	F	1.6%
QLYS	D	1.57%
EXP	B	1.57%
GPK	C	1.5%
ALGM	C	1.47%
OC	A	1.39%
BMI	A	1.37%
DV	D	1.32%
OPCH	F	1.29%
HALO	D	1.21%
WMS	C	1.18%
CMC	C	1.13%
CASY	B	1.04%
CNM	A	1.03%
SAIA	F	1.03%
FIX	C	1.03%
CRVL	C	1.02%
TTEK	A	0.96%
IBKR	A	0.92%
SANM	B	0.9%
BJ	C	0.87%
ACLS	D	0.86%
PCTY	D	0.83%
AGCO	F	0.83%
EWBC	A	0.79%
DOCN	D	0.78%
AMR	D	0.78%
PGNY	F	0.77%
DOCS	F	0.73%
AAON	C	0.72%
FCN	B	0.71%
PLXS	B	0.71%
SSD	D	0.7%
WSC	F	0.69%
SITE	F	0.68%
UFPI	C	0.67%
AIT	C	0.67%
NYT	B	0.66%
BRBR	C	0.64%
ATKR	B	0.63%
MLI	B	0.62%
KNSL	F	0.61%
DAR	F	0.61%
COKE	B	0.6%
ZI	C	0.58%
MKTX	F	0.57%
STAA	B	0.57%
PLUS	C	0.53%
AMPH	F	0.5%
TNET	F	0.49%
RLI	D	0.48%
WSM	A	0.48%
WAL	C	0.47%
PLAB	C	0.45%
EXLS	D	0.45%
CPRX	D	0.44%
WIRE	A	0.42%
UFPT	A	0.42%
YOU	F	0.42%
HRMY	C	0.41%
NSSC	B	0.4%
ADUS	C	0.38%
ACMR	D	0.38%
MTDR	D	0.38%
PRFT	F	0.38%
CIVI	B	0.36%
BLD	D	0.35%
CNXC	F	0.35%
CSWI	A	0.35%
SLM	A	0.35%
GMS	C	0.35%
CBZ	D	0.34%
TOL	C	0.33%
DKS	B	0.32%
HLNE	A	0.32%
STRL	D	0.31%
USLM	A	0.31%
FND	D	0.31%
KAI	D	0.31%
WING	A	0.3%
OTTR	B	0.3%
HWKN	A	0.29%
UMBF	B	0.28%
MYRG	F	0.27%
PAG	D	0.27%
REXR	D	0.26%
NFE	F	0.26%
VCTR	A	0.25%
TGLS	B	0.25%
IESC	B	0.25%
SFBS	C	0.24%
SOUN	D	0.24%
ETSY	F	0.22%
AX	A	0.22%
AWR	C	0.22%
CALM	D	0.22%
DRVN	F	0.22%
ALG	D	0.22%
FIVE	F	0.21%
CROX	D	0.2%
LAD	F	0.19%
ARRY	D	0.18%
AN	B	0.18%
IBP	C	0.18%
NMIH	A	0.18%
PJT	C	0.17%
STAG	D	0.17%
MGPI	D	0.16%
MTH	A	0.16%
TMHC	C	0.16%
PLMR	B	0.15%
CCRN	F	0.15%
SHLS	F	0.14%
SSTK	F	0.14%
TRNO	D	0.13%
RC	C	0.12%
CTOS	F	0.12%
SKY	D	0.12%
ABG	F	0.12%
ASO	D	0.12%
EPRT	A	0.12%
TBBK	F	0.12%
RH	D	0.12%
CEIX	F	0.12%
MBIN	C	0.12%
EFSC	C	0.11%
GOLF	D	0.11%
GPI	A	0.11%
CUBI	D	0.11%
CLFD	B	0.11%
AESI	B	0.11%
BANR	B	0.11%
SKWD	B	0.1%
ZYXI	D	0.1%
CASH	B	0.1%
CRAI	B	0.1%
NX	D	0.1%
NAPA	F	0.09%
BOOT	B	0.09%
MHO	D	0.09%
HPK	F	0.09%
NBHC	C	0.09%
WABC	B	0.09%
DCGO	F	0.09%
IIPR	A	0.08%
NSA	D	0.08%
CVCO	C	0.08%
PFBC	A	0.08%
YETI	F	0.08%
GRBK	C	0.07%
CCS	D	0.07%
QCRH	C	0.07%
OBK	B	0.07%
BY	A	0.07%
FBMS	D	0.06%
PLPC	D	0.06%
BFC	D	0.06%
ACDC	F	0.06%
JYNT	A	0.05%
SMLR	F	0.05%
OSBC	B	0.05%
MNTK	F	0.05%
CRGY	F	0.05%
AMPS	F	0.05%
APPS	F	0.05%
KRT	D	0.05%
IMXI	D	0.05%
DCOM	C	0.05%
HGTY	B	0.05%
AMAL	B	0.05%
ASLE	F	0.04%
ALTG	D	0.04%
SKIN	F	0.04%
GCBC	B	0.04%
CCB	B	0.04%
BFST	D	0.04%
IBCP	B	0.04%
XPEL	F	0.04%
GRNT	B	0.04%
HDSN	F	0.04%
CFB	D	0.04%
SMBK	C	0.03%
PLYM	F	0.03%
HIBB	A	0.03%
FSBC	D	0.03%
BOWL	D	0.03%
ESQ	C	0.03%
SMMF	B	0.03%
PX	F	0.03%
NBN	C	0.03%
ODC	B	0.03%
DFH	D	0.03%
HTBI	B	0.03%
MCB	B	0.03%
EGY	B	0.03%
ASC	A	0.03%
CCBG	D	0.03%
CHMG	B	0.02%
OVLY	C	0.02%
PLBC	B	0.02%
HZO	F	0.02%
SSBK	C	0.02%
NECB	B	0.02%
AFCG	B	0.02%
MBUU	F	0.02%
OBT	B	0.02%
PCYO	D	0.02%
ORGN	C	0.02%
ARHS	D	0.02%
TCBX	A	0.02%
UNTY	B	0.02%
FBIZ	C	0.02%
ORRF	B	0.02%
FIGS	F	0.02%
REFI	A	0.02%
BWB	B	0.02%
SCVL	B	0.02%
EP	D	0.01%
HGBL	F	0.01%
MNSB	D	0.01%
LOVE	B	0.01%
FRAF	C	0.01%
OPBK	D	0.01%
SAMG	F	0.01%
SACH	D	0.01%
LEGH	D	0.01%
BWFG	F	0.01%
CALB	D	0.01%
RCMT	F	0.01%
PKBK	C	0.01%
GORV	F	0.0%
STKS	C	0.0%

JSMD Underweight 16 Positions Relative to INFL

Symbol	Grade	Weight
TPL	B	-6.01%
ICE	D	-4.5%
MMC	D	-3.77%
ADM	D	-3.48%
CACI	A	-3.26%
BG	C	-3.26%
LNG	D	-2.86%
WFG	D	-2.28%
JOE	B	-1.68%
CME	D	-1.65%
PBT	F	-1.2%
MSB	F	-0.86%
RPRX	D	-0.85%
DMLP	C	-0.82%
SBR	C	-0.65%
SJT	F	-0.51%