The

Long-Term

Care

ETF

Schedule

of

Investments

(unaudited)

July

31,

2021

Janus

Detroit

Street

Trust

1

Shares

Value

Common

Stocks

-

100.0%

Commercial

Services

&

Supplies

-

1.4%

Healthcare

Services

Group,

Inc.

17,273

$

450,825

Diversified

Consumer

Services

-

1.2%

Benesse

Holdings,

Inc.

17,700

405,447

Equity

Real

Estate

Investment

Trusts

(REITs)

-

58.6%

Aedifica

SA

8,395

1,202,539

Care

Property

Invest

NV

6,009

202,363

CareTrust

REIT,

Inc.

22,110

533,293

Diversified

Healthcare

Trust

54,750

213,525

Healthpeak

Properties,

Inc.

93,506

3,456,917

Ingenia

Communities

Group

67,500

287,276

LTC

Properties,

Inc.

8,973

339,628

National

Health

Investors,

Inc.

10,184

694,854

New

Senior

Investment

Group,

Inc.

17,983

165,803

Omega

Healthcare

Investors,

Inc.

40,806

1,480,442

Sabra

Health

Care

REIT,

Inc.

49,441

919,108

Ventas,

Inc.

64,936

3,881,874

Welltower

,

Inc.

72,509

6,298,132

19,675,754

Health

Care

Providers

&

Services

-

36.8%

Addus

HomeCare

Corp.*

3,638

315,742

Ambea

AB

(144A)

17,852

131,233

Amedisys

,

Inc.*

5,556

1,448,005

Arvida

Group

Ltd.

109,180

156,977

Attendo

AB

(144A)*

24,484

119,914

Brookdale

Senior

Living,

Inc.*

42,182

317,209

Cano

Health,

Inc.*

33,550

360,663

CareMax

,

Inc.*

12,715

128,167

Charm

Care

Corp.

KK

3,800

38,121

Chartwell

Retirement

Residences

48,596

510,349

Chemed

Corp.

3,042

1,448,053

Elan

Corp.

6,600

71,382

Ensign

Group,

Inc.

(The)

12,097

1,029,092

Estia

Health

Ltd.*

45,000

78,062

Extendicare,

Inc.

18,496

122,679

Five

Star

Senior

Living,

Inc.*

4,175

23,714

Japara

Healthcare

Ltd.*

60,731

61,604

Korian

SA

17,220

653,423

LHC

Group,

Inc.*

7,045

1,515,943

Mediterranean

Towers

Ltd.

19,187

58,631

National

HealthCare

Corp.

2,853

221,535

Oceania

Healthcare

Ltd.

108,194

112,516

Orpea

SA

11,698

1,484,943

Pennant

Group,

Inc.

(The)*

5,993

205,080

Regis

Healthcare

Ltd.

29,002

44,341

Ryman

Healthcare

Ltd.

88,783

816,713

Sienna

Senior

Living,

Inc.

15,444

196,831

Solasto

Corp.

11,300

137,247

St-Care

Holding

Corp.

2,600

22,292

Summerset

Group

Holdings

Ltd.

52,299

470,877

Viemed

Healthcare,

Inc.*

8,207

57,065

12,358,403

Hotels,

Restaurants

&

Leisure

-

0.1%

Silver

Life

Co.

Ltd.*

1,100

18,823

The

Long-Term

Care

ETF

Schedule

of

Investments

(unaudited)

July

31,

2021

2

July

31,

2021

Shares

Value

Common

Stocks

-

(continued)

Professional

Services

-

1.3%

SMS

Co.

Ltd.

16,000

$

446,834

Real

Estate

Management

&

Development

-

0.6%

Lifestyle

Communities

Ltd.

16,545

206,744

Total

Common

Stocks

(cost

$31,585,527)

33,562,830

Total

Investments

(total

cost

$31,585,527)

-

100.0%

33,562,830

Cash,

Receivables

and

Other

Assets,

net

of

Liabilities

-

0.0%

11,864

Net

Assets

-

100.0%

$33,574,694

Summary

of

Investments

by

Country

-

(Long

Positions)

(unaudited)

Country

Value

%

of

Investment

Securities

United

States

$

25,504,669

76.0

%

France

2,138,366

6.4

New

Zealand

1,557,083

4.6

Belgium

1,404,902

4.2

Japan

1,140,146

3.4

Canada

829,859

2.5

Australia

678,027

2.0

Sweden

251,147

0.7

Israel

58,631

0.2

Total

$

33,562,830

100.0

%

Schedule

of

Affiliated

Investments

-

(%

of

Net

Assets)

Dividend

Income

Realized

Gain/

(Loss)

Change

in

Unrealized

Appreciatio

n/

(Depreciation)

Value

at

7/31/21

Investments

Purchased

with

Cash

Collateral

from

Securities

Lending

-

N/A

Investment

Companies

-

N/A

Janus

Henderson

Cash

Collateral

Fund

LLC,

0.0011%

∞

$

341

Δ

$

–

$

–

$

–

Market

Value

at

10/31/20

Purchases

Sales

Market

Value

at

7/31/21

Investments

Purchased

with

Cash

Collateral

from

Securities

Lending

-

N/A

Investment

Companies

-

N/A

Janus

Henderson

Cash

Collateral

Fund

LLC,

0.0011%

∞

$

115,844

$

697,701

$

(813,545)

$

–

Notes

to

Schedule

of

Investments

and

Other

Information

(unaudited)

Janus

Detroit

Street

Trust

3

LLC

Limited

Liability

Company

*

Non-income

producing

security.

∞

Rate

shown

is

the

7-day

yield

as

of

July

31,

2021.

Δ

Net

of

income

paid

to

the

securities

lending

agent

and

rebates

paid

to

the

borrowing

counterparties.

144A

Securities

sold

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended,

are

subject

to

legal

and/or

contractual

restrictions

on

resale

and

may

not

be

publicly

sold

without

registration

under

the

1993

Act.

Unless

otherwise

noted,

these

securities

have

been

determined

to

be

liquid

in

accordance

with

the

requirements

of

Rule

22e-4,

under

the

1940

Act.

The

total

value

of

144A

securities

as

of

the

period

ended

July

31,

2021

is

$251,147

which

represents

0.7%

of

net

assets.

The

following

is

a

summary

of

the

inputs

that

were

used

to

value

the

Fund's

investments

in

securities

and

other

financial

instruments

as

of

July

31,

2021

.

See

Notes

to

Financial

Statements

for

more

information.

Valuation

Inputs

Summary

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Assets

Investments

in

Securities:

Common

Stocks

$

33,562,830

$

—

$

—

Total

Assets

$

33,562,830

$

—

$

—

4

July

31,

2021

Investment

Valuation 

Securities

held

by

the

Fund

are

valued

in

accordance

with

policies

and

procedures

established

by

and

under

the

supervision

of

the

Trustees

(the

“Valuation

Procedures”).

Equity

securities,

including

shares

of

exchange-traded

funds,

traded

on

a

domestic

securities

exchange

are

generally

valued

at

the

closing

prices

on

the

primary

market

or

exchange

on

which

they

trade.

If

such

price

is

lacking

for

the

trading

period

immediately

preceding

the

time

of

determination,

such

securities

are

valued

at

their

current

bid

price.

Equity

securities

that

are

traded

on

a

foreign

exchange

are

generally

valued

at

the

closing

prices

on

such

markets.

In

the

event

that

there

is

no

current

trading

volume

on

a

particular

security

in

such

foreign

exchange,

the

bid

price

from

the

primary

exchange

is

generally

used

to

value

the

security.

Securities

that

are

traded

on

the

over-the-counter

(“OTC”)

markets

are

generally

valued

at

their

closing

or

latest

bid

prices

as

available.

Foreign

securities

and

currencies

are

converted

to

U.S.

dollars

using

the

applicable

exchange

rate

in

effect

at

the

close

of

the

London

Stock

Exchange.

The

Fund

will

determine

the

market

value

of

individual

securities

held

by

it

by

using

prices

provided

by

one

or

more

approved

professional

pricing

services

or,

as

needed,

by

obtaining

market

quotations

from

independent

broker-dealers.

Most

debt

securities

are

valued

in

accordance

with

the

evaluated

bid

price

supplied

by

the

pricing

service

that

is

intended

to

reflect

market

value.

The

evaluated

bid

price

supplied

by

the

pricing

service

is

an

evaluation

that

may

consider

factors

such

as

security

prices,

yields,

maturities

and

ratings.

Certain

short-term

securities

maturing

within

60

days

or

less

may

be

evaluated

and

valued

on

an

amortized

cost

basis

provided

that

the

amortized

cost

determined

approximates

market

value.

Securities

for

which

market

quotations

or

evaluated

prices

are

not

readily

available,

or

are

deemed

by

Janus

Capital

to

be

unreliable,

are

valued

at

fair

value

determined

in

good

faith

under

the

Valuation

Procedures.

Circumstances

in

which

fair

value

pricing

may

be

utilized

include,

but

are

not

limited

to:

(i)

a

significant

event

that

may

affect

the

securities

of

a

single

issuer,

such

as

a

merger,

bankruptcy,

or

significant

issuer-

specific

development;

(ii)

an

event

that

may

affect

an

entire

market,

such

as

a

natural

disaster

or

significant

governmental

action;

(iii)

a

nonsignificant

event

such

as

a

market

closing

early

or

not

opening,

or

a

security

trading

halt;

and

(iv)

pricing

of

a

nonvalued

security

and

a

restricted

or

nonpublic

security.

Special

valuation

considerations

may

apply

with

respect

to

“odd-lot”

fixed-income

transactions

which,

due

to

their

small

size,

may

receive

evaluated

prices

by

pricing

services

which

reflect

a

large

block

trade

and

not

what

actually

could

be

obtained

for

the

odd-lot

position. 

Valuation

Inputs

Summary 

FASB

ASC

820,

Fair

Value

Measurements

and

Disclosures

(“ASC

820”),

defines

fair

value,

establishes

a

framework

for

measuring

fair

value,

and

expands

disclosure

requirements

regarding

fair

value

measurements.

This

standard

emphasizes

that

fair

value

is

a

market-based

measurement

that

should

be

determined

based

on

the

assumptions

that

market

participants

would

use

in

pricing

an

asset

or

liability

and

establishes

a

hierarchy

that

prioritizes

inputs

to

valuation

techniques

used

to

measure

fair

value.

These

inputs

are

summarized

into

three

broad

levels: 

Level

1

–

Unadjusted

quoted

prices

in

active

markets

the

Fund

has

the

ability

to

access

for

identical

assets

or

liabilities.

Level

2

–

Observable

inputs

other

than

unadjusted

quoted

prices

included

in

Level

1

that

are

observable

for

the

asset

or

liability

either

directly

or

indirectly.

These

inputs

may

include

quoted

prices

for

the

identical

instrument

on

an

inactive

market,

prices

for

similar

instruments,

interest

rates,

prepayment

speeds,

credit

risk,

yield

curves,

default

rates

and

similar

data.

Assets

or

liabilities

categorized

as

Level

2

in

the

hierarchy

generally

include:

debt

securities

fair

valued

in

accordance

with

the

evaluated

bid

or

ask

prices

supplied

by

a

pricing

service;

securities

traded

on

OTC

markets

and

listed

securities

for

which

no

sales

are

reported

that

are

fair

valued

at

the

latest

bid

price

(or

yield

equivalent

thereof)

obtained

from

one

or

more

dealers

transacting

in

a

market

for

such

securities

or

by

a

pricing

service

approved

by

the

Fund’s

Trustees;

and

certain

short-term

debt

securities

with

maturities

of

60

days

or

less

that

are

fair

valued

at

amortized

cost.

Other

securities

that

may

be

categorized

as

Level

2

in

the

hierarchy

include,

but

are

not

limited

to,

preferred

stocks,

bank

loans,

swaps,

investments

in

unregistered

investment

companies,

options,

and

forward

contracts.

Level

3

–

Unobservable

inputs

for

the

asset

or

liability

to

the

extent

that

relevant

observable

inputs

are

not

available,

representing

the

Fund’s

own

assumptions

about

the

assumptions

that

a

market

participant

would

use

in

valuing

the

asset

or

liability,

and

that

would

be

based

on

the

best

information

available.

Janus

Detroit

Street

Trust

5

The

inputs

or

methodology

used

for

fair

valuing

securities

are

not

necessarily

an

indication

of

the

risk

associated

with

investing

in

those

securities.

The

summary

of

inputs

used

as

of

July

31,

2021 to

fair

value

the

Fund’s

investments

in

securities

and

other

financial

instruments

is

included

in

the

“Valuation

Inputs

Summary”

in

the

Notes

to

Schedule

of

Investments

and

Other

Information.

For

additional

information

on

the

Fund.

please

refer

to

the

Fund's

most

recent

semiannual

or

annual

shareholder

report.

Subsequent

Events 

Management

has

evaluated

whether

any

events

or

transactions

occurred

subsequent

to July

31,

2021

and

through

the

date

of

the

issuance

of

the

Fund's filing

and

determined

that

there

were

no

material

events

or

transactions

that

would

require

recognition

or

disclosure

in

the

Fund's

financial

statements

other

than

the

following:

On

July

23,

2021,

the

Board

of

Trustees

approved

a

plan

to

liquidate

and

terminate

the

Fund

with

such

liquidation

effective

on

or

about

October

14,

2021.