Janus HendersonThematicAI & Semis#76 of 189 by YTD

Janus Henderson Global Artificial Intelligence ETFJHAI

S&P 500 Bucket avg Compare

$30.13+4.1%

+$1.19 · Nov 9 close

Buy

AUM: $26M
Fee: 0.59%
Yield: 0.4%

Bumpy · 1Y: 2.5×S&P
Volume: 4K
NAV: $28.93

What's insideAll 50 →

TSM 15.6%NVDA 12.7%MSFT 7.1%AMZN 5.9%

52-week range19% below the high

$24.42$37.08

Returns	Today	1W	1M	3M	YTD	1Y	3Y	5Y	Max
Total return	+4.1%	−2.0%	−16.0%	−11.9%	+10.8%	+9.8%	—	—	+21.0%
Peer average	+5.4%	−2.2%	−17.3%	−14.5%	+17.1%	+16.2%	+129.3%	+77.9%	—
S&P 500 · VOO	+2.3%	+0.1%	−3.3%	−2.1%	+11.3%	+13.6%	+81.6%	+75.4%	—

JHAI in One Breath

JHAI Among AI & Semis ETFs

YTD

#1FTXLFirst Trust+53.0%$925M

#2CHPSXtrackers+48.7%$111M

#3SOXXiShares+46.5%$37.5B

#4CHPXGlobal X+45.2%$99.2M

#5AISVistaShares+43.3%$830M

#6PSIInvesco+43.1%$1.8B

#7SOXQInvesco+42.1%$2.5B

#8AIVCAmplify+39.7%$108M

#34JHAIJanus Henderson+10.8%$26.0M

End-of-day Nov 10, 2026 · 52 AI & semis ETFs by YTD

$10,000 in JHAI

$10,000 in JHAI became

$12,100

In the S&P 500 (VOO)

$11,934

Total return, dividends in · Aug 19, 2025 – Nov 9, 2026 · S&P 500 uses VOO

JHAI’s Top Holdings

Today

TSMTaiwan Semiconductor Manufacturing Sponsored15.6%NVDA12.7%MSFT7.1%AMZN5.9%MU4.8%ASML3.8%AMD3.3%SNOW3.1%LRCX3.1%DE MA GOOG37 more

SemiconductorsSoftware - InfrastructureSoftware - ApplicationSpecialty RetailInternet ContentComputer HardwareOther

Janus Henderson JHAI · 49 holdings · tile size = share of the fund · as of Nov 9, 2026

What JHAI Holds

Today

Semiconductors50.2%

TSM 15.6 · NVDA 12.7 · MU 4.8 · ASML 3.8 · AMD 3.3 · LRCX 3.1 · KLAC 2.3

Software - Infrastructure7.4%

MSFT 7.1 · TWLO · CRWV

Software - Application6.9%

SNOW 3.1 · NBIS 1.2 · FROG · DDOG · SHOP · CDNS · AUR

Specialty Retail6.9%

AMZN 5.9 · MELI

Internet Content & Information4.6%

GOOG 2.3 · SPOT 1.2 · DASH 1.1

Computer Hardware2.9%

STX 1.6 · ANET 1.4

Other holdings21.2%

DE 2.7 · MA 2.6 · HWM 1.8 · LLY 1.5 · APH 1.5 · LITE 1.4 · ISRG 1.1

Janus Henderson JHAI · share of the fund by industry · as of Nov 9, 2026

Taiwan’s Share of JHAI

Today

15.6%

$156 of every $1,000 in JHAI is Taiwan

Taiwan held by JHAI

$4.1M

Most Taiwan per dollar

SPWO19.9%

WBEM19.0%

JHAI15.6%

BREE13.8%

Janus Henderson JHAI · each square = $10 of $1,000 · as of Nov 9, 2026

JHAI’s Share of AI & Semis ETFs

Today

0.0%

of the $152B in 102 AI & semis ETFs

JHAI$26.0M0.0%

SMH$60.7B39.9%

SOXX$37.5B24.6%

99 others$54.0B35.5%

AI & semis ETF AUM · Nov 10, 2026

JHAI Fee per $100 vs Peers

Today

$0.59a year
per $100

$59 a year on $10,000

SOXX$0.33

SMH$0.35

ARTY$0.47

JHAI$0.59

DRAM$0.65

AIQ$0.68

Expense ratio · AI & semis peers · Nov 10, 2026

Inside JHAI

49 holdings · as of Nov 9, 2026

JHAI

Janus Henderson Global Artificial Intelligence ETF

Today

Semiconductors50.2%TSM15.6%NVDA12.7%MU4.8%ASML3.8%AMD3.3%LRCX3.1%6 moreSoftware - Infrastructure7.4%MSFT7.1%Software - Application6.9%SNOWNBISDDOGSHOPSpecialty Retail6.9%AMZN5.9%Internet Content4.6%GOOGSPOTDASHSTXANETOther21.2%DE MA HWMLLYAPHLITE13 more

#	Ticker	Company	Weight ▼
1	TSM	Taiwan Semiconductor Manufacturing Sponsored	15.63%
2	NVDA	Nvidia	12.70%
3	MSFT	Microsoft	7.05%
4	AMZN	Amazon	5.93%
5	MU	Micron Technology	4.76%
6	ASML	ASML Sponsored	3.75%
7	AMD	Advanced Micro Devices	3.34%
8	SNOW	Snowflake	3.13%
9	LRCX	Lam Research	3.10%
10	DE	Deere & Company	2.72%

See all 50 holdings ↓

SemiconductorsSoftware - InfrastructureSoftware - ApplicationSpecialty RetailInternet ContentComputer HardwareOther

Janus Henderson JHAI · current holdings by weight · as of Nov 9, 2026 · each tile is one holding · top 20 = 80.3%

All JHAI Holdings

50 holdings · as of Nov 9, 2026

JHAI

JHAI’s Holdings

Today

#
1	TSMTaiwan Semiconductor Manufacturing Sponsored	Technology	15.63%	$1,562.70	11K	$4.1M
2	NVDANvidia	Technology	12.70%	$1,269.63	18K	$3.3M
3	MSFTMicrosoft	Technology	7.05%	$705.36	3,462	$1.8M
4	AMZNAmazon	Consumer Cyclical	5.93%	$593.41	5,960	$1.5M
5	MUMicron Technology	Technology	4.76%	$476.10	1,797	$1.2M
6	ASMLASML Sponsored	Technology	3.75%	$375.29	686	$977K
7	AMDAdvanced Micro Devices	Technology	3.34%	$334.15	1,938	$870K
8	SNOWSnowflake	Technology	3.13%	$313.45	2,959	$816K
9	LRCXLam Research	Technology	3.10%	$309.70	4,024	$807K
10	DEDeere & Company	Industrials	2.72%	$272.19	1,053	$709K
11	MAMastercard Incorporated	Financial Services	2.60%	$259.67	1,035	$676K
12	GOOGAlphabet	Communication Services	2.32%	$232.44	2,132	$605K
13	KLACKLA	Technology	2.27%	$226.75	4,264	$591K
14	AVGOBroadcom	Technology	1.99%	$198.70	1,762	$517K
15	HWMHowmet Aerospace	Industrials	1.77%	$176.59	2,233	$460K

Janus Henderson JHAI · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 9, 2026

How It Compares

JHAI

Janus Henderson Global Artificial Intelligence ETF’s Peers

YTD

		Trend
SMH	VanEckRead Desk		0.35%	+35.3%	+39.3%	$60.7B
SOXX	iSharesRead Desk		0.33%	+46.5%	+48.5%	$37.5B
DRAM	RoundhillRead Desk	New fund	0.65%	new	new	$14.7B
AIQ	Global XRead Desk		0.68%	+15.6%	+15.1%	$9.1B
ARTY	iSharesRead Desk		0.47%	+34.2%	+34.2%	$3.4B
JHAI	Janus HendersonThis fundRead Desk		0.59%	+10.8%	+9.8%	$26M

AI & semis peers · YTD and past-year returns · as of Nov 10, 2026 · sorted by AUM

Head to Head

Put JHAI head to head with SMH →

SMH vs JHAI

YTD

SMHVanEck · AI & semisJHAIJanus Henderson · AI & semis

Year to date

+35.3%

+10.8%

SMH wins+24.5 pts

Past year

+39.3%

+9.8%

SMH wins+29.5 pts

Fee

0.35%

0.59%

SMH winslower fee

Yield

0.2%

0.4%

JHAI wins+0.1 pts

AUM

$60.7B

$26.0M

SMH2330.6× more

3–1SMH wins

VanEck SMH and Janus Henderson JHAI · year-to-date · as of Nov 10, 2026 · AUM not scored

AI & Semis vs Thematic

Average · YTD

SMH

+35.3%

JHAI

+10.8%

Thematic average

+6.9%

SMH, JHAI and the average thematic ETF · YTD return · as of Nov 10, 2026

JHAI vs VOO

YTD

JHAI · Janus Henderson Global Artificial Intelligence

+10.8%

VOO · S&P 500

+11.3%

Gap

0.5 pts

Janus Henderson JHAI and Vanguard VOO · YTD total return · as of Nov 10, 2026

JHAI vs Its Peer Average

YTD

JHAIAvsBPeer average

1D+4.1%+5.4%

1M−16.0%−17.3%

3M−11.9%−14.5%

YTD+10.8%+17.1%

1Y+9.8%+16.2%

3Y[…]+129.3%

5Y[…]+77.9%

2–3Peer average wins

101 AI & semis peers · each row scaled to its leader

How Bumpy Is JHAI?

View

JHAI

How Bumpy

2.5×the S&P 500’s swings

CalmerBumpierS&P 1×JHAI

Calm rank among 6 AI & semis funds#3

Other AI & semis funds2.0× to 3.6×

Janus Henderson JHAI · daily swings over the past year vs the S&P 500

JHAI

Worst Drop

−24.3%from its Jun 30 high

Still below the high−18.3%

$10,000 at the high is now$8,170

Janus Henderson JHAI · fall from the highest close, past year

JHAI

On a Bad Day

2.1×the S&P 500’s fall

JHAI’s worst day: Thursday, Nov 5

JHAI

−9.4%

S&P 500

−4.4%

Up days57 of every 100

S&P 500 up days52 of every 100

Janus Henderson JHAI · average move on days the S&P 500 fell

JHAI

Return for the Bumps

1Y#5 of 6 AI & semis funds

#1SOXXiShares

most for the bumps

#2SMHVanEck

#3ARTYiShares

#4AIQGlobal X

#5JHAIJanus Henderson

#6BOTZGlobal X

lost money

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

JHAI

Cost

Today

$59a year per $10,000

SOXX

$33

SMH

$35

ARTY

$47

JHAI

$59

DRAM

$65

AIQ

$68

BOTZ

$68

Expense ratio 0.59%, taken from the fund’s value

JHAI

Volatility & Beta

33.6%annual volatility

S&P 500 volatility13.7%

Downside volatility24.7%

Beta vs SPY2.01

Correlation vs SPY0.82

Beta rank, lowest first, of 6#3

Daily total returns × √252 · past 254 trading days

JHAI

Max Drawdown

−24.3%peak to trough

Peak closeJun 30, 2026

Current drawdown−18.3%

Worst day−9.44% · Nov 5

Closing prices, dividends in

JHAI

Up / Down Capture

215%down capture vs SPY

Down days

215%

Up days

199%

S&P 500

100%

Up ÷ down capture0.93

Up days57.5% (S&P 52.4%)

Average daily move on SPY up days and down days

JHAI

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
SOXX	0.92	1.28	49.5%	−39.5%	2.69	$33
SMH	0.81	1.13	42.7%	−33.1%	2.42	$35
ARTY	0.65	0.90	42.0%	−27.7%	2.46	$47
AIQ	0.34	0.48	30.1%	−20.2%	1.87	$68
JHAI	0.14	0.19	33.6%	−24.3%	2.01	$59
BOTZ	−0.66	−0.89	27.4%	−26.4%	1.66	$68

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

JHAI

Trading

Today

+4.15%above its holdings’ value

Close$30.13

NAV$28.93

Fee per $10,000$59 a year

Avg. volume 30D7K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 9

The Details

JHAI

Fund Facts

Today

2025launched Aug 19

Tracks[…]

Exchange · CUSIPNASDAQ · 47103U670

StructureETF

Leverage1x

Cost on $10,000$59 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Janus Henderson JHAI · fund facts · as of Nov 10, 2026

JHAI

Payouts by Year

$0.0240per share, Mar 2026

Distribution yield0.4%

PaidEvery quarter

Latest ex-date · paidMar 31 · Apr 7, 2026

3 payouts added up$0.11 a share

Janus Henderson JHAI · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗SEC reported portfolio · 2026-04-30 ↗prospectus · SEC 497 ↗SEC reported portfolio · 2026-01-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-10-31 ↗prospectus · SEC 485BPOS ↗summary prospectus · SEC 497K ↗prospectus · SEC 485APOS ↗

Trading & Liquidity

Net asset value$28.93

Premium / discount[…]

Median spread · 30D[…]

Volume today4K

Average volume · 30D7K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.59%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$59.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Mar 31, 2026	Apr 7, 2026	$0.0240
Dec 19, 2025	Dec 26, 2025	$0.0833
Sep 30, 2025	Oct 6, 2025	$0.0048

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