JHAI: JANUS HENDERSON GLOBAL ARTIFICIAL INTELLIGENCE ETF
What this ETF is trying to do
The Janus Henderson Global Artificial Intelligence ETF (JHAI) focuses on companies involved in artificial intelligence. It holds a variety of stocks, with a heavy focus on technology and chip-making companies.
Top Holdings
As of October 7, 2026, the fund's largest holdings include:
• Taiwan Semiconductor Manufacturing Co Ltd ADR: 15.47%
• NVIDIA Corp: 13.59%
• Microsoft Corp: 5.56%
• Micron Technology Inc: 5.49%
• Lam Research Corp: 4.14%
• ASML Holding NV ADR: 3.89%
• Advanced Micro Devices Inc: 3.71%
• Janus Henderson Cash Liquidity Fund LLC Funds: 3.68%
• Amazon.com Inc: 3.35%
• Snowflake Inc Ordinary Shares: 2.82%
These are only the top holdings, and the full list can change over time.
What the numbers show
As of October 6, 2026, the share price was $36.86.
There are two ways to look at the returns:
• Price Return: This measures only the change in the share price. The one-year price return was 33.25%, and the year-to-date (YTD) price return was 35.46%.
• Total Return: This reflects the overall return, including distributions. The one-year total return was 33.79%, and the YTD total return was 35.59%.
To put this in perspective, if you had invested $10,000 based on the estimated price from roughly one year ago ($27.66), the price-only growth would have increased that value significantly.
Income and distribution explanation
This ETF pays out cash distributions, but they are irregular and less frequent. In the last 12 months, there were 2 payouts. The distribution yield is 0.29%.
It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same.
NAV erosion explanation
"NAV erosion" happens when the actual value of the fund's assets drops over time. StockValueFinder uses an erosion-risk score to measure this. JHAI has an erosion score of 100, and the label states "No price erosion detected." The severe erosion-risk flag is also false.
Pros
• Strong recent price returns and total returns.
• No price erosion detected based on the erosion-risk score.
• Exposure to major AI and semiconductor companies.
Cons
• Very low distribution yield for those seeking high income.
• Irregular payout schedule.
Beginner takeaway
JHAI is an ETF for investors interested in the growth of artificial intelligence. While it has shown strong price growth recently, it provides very little cash income. Investors should remember that high growth in one area does not guarantee future results.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR | TSM | 15.47% |
| 2 | NVIDIA CORP | NVDA | 13.59% |
| 3 | MICROSOFT CORP | MSFT | 5.56% |
| 4 | MICRON TECHNOLOGY INC | MU | 5.49% |
| 5 | LAM RESEARCH CORP | LRCX | 4.14% |
| 6 | ASML HOLDING NV ADR | ASML | 3.89% |
| 7 | ADVANCED MICRO DEVICES INC | AMD | 3.71% |
| 8 | JANUS HENDERSON CASH LIQUIDITY FUND LLC FUNDS | n/a | 3.68% |
| 9 | AMAZON.COM INC | AMZN | 3.35% |
| 10 | SNOWFLAKE INC ORDINARY SHARES | SNOW | 2.82% |