JSML vs BSMR

Comparison between JANUS HENDERSON SMALL CAP GROWTH ALPHA ETF (JSML, ETF) and INVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF (BSMR, ETF).

5-Year PerformanceJSML has outperformed BSMR, delivering a return of +6.4% compared to +0.4%

JSML vs BSMR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JSML(ETF)	BSMR(ETF)
Net Assets	$339M	$340M
Expense Ratio	0.30%	0.18%
Max Drawdown	40.01%	13.63%
Sharpe Ratio	1.31	0.18
5Y Beta	1.11	0.00
P/E Ratio	40.37	N/A
Forward P/E	17.16	N/A
5Y Dividends CAGR	25.62%	16.82%
5Y EPS CAGR	18.18%	N/A
Debt to Equity	74.01%	N/A
P/S Ratio	1.53	N/A
P/B Ratio	4.90	N/A

Net Assets

JSML

$339M

Winner

BSMR

$340M

Expense Ratio

JSML

0.30%

Winner

BSMR

0.18%

Max Drawdown

JSML

40.01%

Winner

BSMR

13.63%

Sharpe Ratio

Winner

JSML

1.31

BSMR

0.18

5Y Beta

JSML

1.11

Winner

BSMR

0.00

P/E Ratio

JSML

40.37

BSMR

N/A

Forward P/E

JSML

17.16

BSMR

N/A

5Y Dividends CAGR

Winner

JSML

25.62%

BSMR

16.82%

5Y EPS CAGR

JSML

18.18%

BSMR

N/A

Debt to Equity

JSML

74.01%

BSMR

N/A

P/S Ratio

JSML

1.53

BSMR

N/A

P/B Ratio

JSML

4.90

BSMR

N/A

JSML vs BSMR - Historical Returns

Returns include dividend reinvestment.

Period	JSML	BSMR
1 month	+9.20%	+0.53%
3 months	+25.35%	+0.25%
6 months	+22.11%	+1.26%
1 year	+36.47%	+3.88%
5 years(CAGR)	+6.36%	+0.44%
10 years(CAGR)	+13.26%	N/A
Max(CAGR)	+13.72%	+1.23%

Winner

JSML

+9.20%

BSMR

+0.53%

Winner

JSML

+25.35%

BSMR

+0.25%

Winner

JSML

+22.11%

BSMR

+1.26%

Winner

JSML

+36.47%

BSMR

+3.88%

5Y(CAGR)

Winner

JSML

+6.36%

BSMR

+0.44%

10Y(CAGR)

JSML

+13.26%

BSMR

N/A

Max(CAGR)

Winner

JSML

+13.72%

BSMR

+1.23%

JSML vs BSMR - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	JSML	BSMR
2026	+20.40%	+1.08%
2025	+13.67%	+2.89%
2024	+13.44%	+1.69%
2023	+29.67%	+4.32%
2022	-29.57%	-7.56%
2021	+4.16%	+1.08%
2020	+35.32%	+4.93%
2019	+30.80%	+0.16%
2018	-2.78%	N/A
2017	+20.86%	N/A
2016	+21.52%	N/A

JSML vs BSMR Drawdown Comparison

The maximum drawdown for JSML was -39.64%, occurring on Sep 26, 2022. Recovery took 941 trading sessions.

The maximum drawdown for BSMR was -13.49%, occurring on Mar 23, 2020. Recovery took 112 trading sessions.

The current JSML drawdown is -0.99%. The current BSMR drawdown is -0.04%.

Rank	JSML	BSMR
#1	-39.64% Feb 12, 2021 - Nov 8, 2024	-13.49% Mar 2, 2020 - Aug 10, 2020
#2	-39.19% Jan 22, 2020 - Jul 29, 2020	-12.01% Jul 19, 2021 - Nov 25, 2025
#3	-27.37% Sep 4, 2018 - Nov 26, 2019	-2.46% Feb 11, 2021 - Jun 9, 2021
#4	-25.61% Nov 11, 2024 - Aug 26, 2025	-2.10% Aug 10, 2020 - Dec 3, 2020
#5	-14.84% Jan 22, 2026 - Apr 17, 2026	-1.04% Oct 21, 2019 - Jan 6, 2020
#6	-10.01% Sep 22, 2025 - Jan 9, 2026	-0.67% Jun 15, 2021 - Jul 8, 2021
#7	-9.97% Sep 2, 2020 - Oct 9, 2020	-0.57% Feb 25, 2026 - Jun 3, 2026
#8	-9.02% Sep 22, 2016 - Nov 22, 2016	-0.43% Jan 31, 2020 - Feb 18, 2020
#9	-8.25% Mar 12, 2018 - May 14, 2018	-0.31% Jan 5, 2021 - Jan 26, 2021
#10	-8.17% Jun 8, 2016 - Jul 12, 2016	-0.27% Jan 26, 2026 - Feb 5, 2026
#11	-8.08% Jan 26, 2018 - Mar 9, 2018	-0.23% Jun 11, 2026 - Jun 15, 2026
#12	-7.77% Oct 12, 2020 - Nov 5, 2020	-0.23% Feb 10, 2026 - Feb 13, 2026
#13	-6.77% May 14, 2026 - May 26, 2026	-0.14% Dec 17, 2025 - Dec 23, 2025
#14	-6.19% Apr 27, 2016 - May 31, 2016	-0.14% Jun 3, 2026 - Jun 11, 2026
#15	-5.57% Jul 27, 2017 - Sep 27, 2017	-0.13% Jul 8, 2021 - Jul 15, 2021

Correlation

Correlation between JSML and BSMR is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2016 - 2026)

JSML vs BSMR dividend yield comparison.

Year	JSML	BSMR
2026	0.31%	1.12%
2025	0.94%	2.77%
2024	1.19%	2.78%
2023	0.49%	2.72%
2022	0.67%	1.40%
2021	0.46%	1.00%
2020	0.30%	1.49%
2019	0.27%	0.45%
2018	0.76%	0.00%
2017	0.42%	0.00%
2016	0.52%	0.00%