Janus Henderson Launches Transformational Growth Equities ETF (JXX)

JXX is the first fundamental active equity ETF from the firm’s Denver-based equities team

DENVER--(BUSINESS WIRE)--Janus Henderson Investors (NYSE: JHG) today announced it has launched the Janus Henderson Transformational Growth ETF (Ticker: JXX), the first fundamental active equity ETF from the firm’s Denver-based Equities team, which is known for growth investing.

The Fund is managed by Portfolio Managers Nick Schommer, CFA, and Brian Recht.

JXX is an expansion of Janus Henderson’s Denver Equities team into managing ETFs, utilizing the team’s well-established, bottom-up fundamental research philosophy and process. Janus Henderson has a long history of managing U.S. equity growth portfolios, including its current U.S. concentrated growth strategy that dates back nearly forty years to 1985.

The firm has a long-standing track record of high-conviction, growth equity investing. This new actively managed equity ETF seeks to pursue its investment objective by investing with conviction primarily in a portfolio of approximately 20-30 equity securities. These securities will be selected for their growth potential, using an overall portfolio with characteristics tied to secular themes transforming society. The themes of focus include: artificial intelligence, migration to the cloud, deglobalization, digitization of the economy (including e-commerce), healthcare innovation, or other long-term innovations.

The portfolio managers apply a bottom-up approach that focuses on fundamental research and considers a company’s sustainable competitive advantages, long-term growth potential, and shareholder value, among other factors.

Since 1957, the 10 largest stocks in the S&P 500 have underperformed an equal-weighted index of the remaining 490 stocks by 2.4% per year. But the last decade has been a very notable departure from that trend, with the largest 10 outperforming by a massive 4.9% per year on average.¹ Janus Henderson believes this domination of index returns by the largest stocks has created an opportunity for active management.

“We believe constructing a focused portfolio of high-quality, competitively advantaged businesses with characteristics tied to the most important secular themes transforming society may lead to sustainable relative outperformance over time,” said Mr. Schommer.

“Given the extreme concentration in the market, we believe JXX’s fundamental, actively managed approach seeks to provide thoughtful diversification away from the index and has the potential to yield transformational growth potential,” said Mr. Recht.

¹https://www.gmo.com/americas/research-library/magnificently-concentrated_gmoquarterlyletter/

Notes to editors

About Janus Henderson

Janus Henderson Group is a leading global active asset manager dedicated to helping clients define and achieve superior financial outcomes through insights, disciplined investments, and world-class service. As of December 31, 2024, Janus Henderson had approximately US$379 billion in assets under management, more than 2,000 employees, and offices in 25 cities worldwide. The firm helps millions of people globally invest in a brighter future together. Headquartered in London, Janus Henderson is listed on the New York Stock Exchange.

Source: Janus Henderson Group plc

Please consider the charges, risks, expenses, and investment objectives carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, please call Janus Henderson at 800.668.0434 or download the file from janushenderson.com/info. Read it carefully before you invest or send money.

Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal and fluctuation of value. There is no assurance the stated objective(s) will be met.

OBJECTIVE: Janus Henderson Transformational Growth ETF (JXX) seeks long-term growth of capital.

Growth stocks are subject to increased risk of loss and price volatility and may not realize their perceived growth potential.

Concentrated investments in a single sector, industry or region will be more susceptible to factors affecting that group and may be more volatile than less concentrated investments or the market as a whole.

Funds classified as “nondiversified” can take larger positions in a smaller number of issuers than “diversified” funds, which could lead to greater volatility.

Janus Henderson Investors US LLC is the investment adviser and ALPS Distributors, Inc. is the distributor. ALPS is not affiliated with Janus Henderson or any of its subsidiaries.

Janus Henderson is a trademark of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc.