JHAI vs. ARMH

Last updated Jun 5, 2026

JHAI (Janus Henderson Global Artificial Intelligence ETF) and ARMH (Arm Holdings PLC ADRhedged ETF) are both Technology Equities funds. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. JHAI charges 0.59%/yr vs 0.19%/yr for ARMH.

Performance

JHAI vs. ARMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Artificial Intelligence ETF (JHAI) and Arm Holdings PLC ADRhedged ETF (ARMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JHAI

• 1D: -0.73%
• 1M: 13.08%
• YTD: 30.33%
• 6M: 29.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMH

• 1D: -4.82%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JHAI vs. ARMH - Yearly Performance Comparison

	2026 (YTD)
JHAI Janus Henderson Global Artificial Intelligence ETF	3.65%
ARMH Arm Holdings PLC ADRhedged ETF	17.07%

Correlation

The correlation between JHAI and ARMH is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.50

Return for Risk

JHAI vs. ARMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Artificial Intelligence ETF (JHAI) and Arm Holdings PLC ADRhedged ETF (ARMH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	JHAI	ARMH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.29	2,577.07	-2,574.79

Drawdowns

JHAI vs. ARMH - Drawdown Comparison

The maximum JHAI drawdown since its inception was -15.38%, which is greater than ARMH's maximum drawdown of -4.82%. Use the drawdown chart below to compare losses from any high point for JHAI and ARMH.

Drawdown Indicators

	JHAI	ARMH	Difference
Max Drawdown Largest peak-to-trough decline	-15.38%	-4.82%	-10.56%
Current Drawdown Current decline from peak	-2.22%	-4.82%	+2.60%
Average Drawdown Average peak-to-trough decline	-3.62%	-1.29%	-2.33%

Volatility

Volatility by Period

	JHAI	ARMH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.48%	122.20%	-96.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.48%	122.20%	-96.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.48%	122.20%	-96.72%

JHAI vs. ARMH - Expense Ratio Comparison

JHAI has a 0.59% expense ratio, which is higher than ARMH's 0.19% expense ratio.

Dividends

JHAI vs. ARMH - Dividend Comparison

JHAI's dividend yield for the trailing twelve months is around 0.32%, while ARMH has not paid dividends to shareholders.

Position	TTM	2025
ARMH Arm Holdings PLC ADRhedged ETF	0.00%	0.00%
JHAI Janus Henderson Global Artificial Intelligence ETF	0.32%	0.32%

Frequently Asked Questions

Can I hold both JHAI and ARMH in my portfolio?

JHAI and ARMH have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JHAI or ARMH?

On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JHAI or ARMH?

ARMH is cheaper with a 0.19% expense ratio, compared with 0.59% for JHAI.

Which ETF pays a higher dividend yield, JHAI or ARMH?

JHAI has the higher dividend yield at 0.32%, compared with 0.00% for ARMH.

What is the main difference between JHAI and ARMH?

They also come from different issuers: Janus Henderson and Precidian. Their fees differ too: 0.59% for JHAI and 0.19% for ARMH.