JHAI vs. GINN

Last updated Jun 4, 2026

JHAI (Janus Henderson Global Artificial Intelligence ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds. JHAI is actively managed, while GINN is passively managed. A 0.80 correlation means they provide meaningful diversification when combined. JHAI charges 0.59%/yr vs 0.50%/yr for GINN.

Performance

JHAI vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Artificial Intelligence ETF (JHAI) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHAI achieves a 31.29% return, which is significantly higher than GINN's 8.64% return.

JHAI

• 1D: -1.50%
• 1M: 14.89%
• YTD: 31.29%
• 6M: 30.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GINN

• 1D: -1.29%
• 1M: 5.38%
• YTD: 8.64%
• 6M: 7.90%
• 1Y: 25.65%
• 3Y*: 19.95%
• 5Y*: 6.82%
• 10Y*: —

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

JHAI vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025
JHAI Janus Henderson Global Artificial Intelligence ETF	31.29%	10.00%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	8.64%	6.76%

Correlation

The correlation between JHAI and GINN is 0.80, 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 Aug 21, 2025	0.80

Return for Risk

JHAI vs. GINN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GINN

GINN Risk / Return Rank: 44
GINN Sharpe Ratio Rank: 46
GINN Sortino Ratio Rank: 45
GINN Omega Ratio Rank: 43
GINN Calmar Ratio Rank: 40
GINN Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JHAI vs. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Artificial Intelligence ETF (JHAI) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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	GINN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.61	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.36	0.45	+1.91

Drawdowns

JHAI vs. GINN - Drawdown Comparison

The maximum JHAI drawdown since its inception was -15.38%, smaller than the maximum GINN drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for JHAI and GINN.

Drawdown Indicators

	JHAI	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-15.38%	-41.25%	+25.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.25%	—
Current Drawdown Current decline from peak	-1.50%	-1.63%	+0.13%
Average Drawdown Average peak-to-trough decline	-3.62%	-13.37%	+9.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.64%	—

Volatility

Volatility by Period

	JHAI	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.52%	16.06%	+9.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.52%	21.33%	+4.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.52%	21.05%	+4.47%

JHAI vs. GINN - Expense Ratio Comparison

JHAI has a 0.59% expense ratio, which is higher than GINN's 0.50% expense ratio.

Dividends

JHAI vs. GINN - Dividend Comparison

JHAI's dividend yield for the trailing twelve months is around 0.31%, less than GINN's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.16%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%
JHAI Janus Henderson Global Artificial Intelligence ETF	0.31%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JHAI and GINN in my portfolio?

JHAI and GINN have a correlation of 0.80, 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 GINN?

On fees, GINN is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JHAI or GINN?

GINN is cheaper with a 0.50% expense ratio, compared with 0.59% for JHAI.

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

GINN has the higher dividend yield at 1.16%, compared with 0.31% for JHAI.

What is the main difference between JHAI and GINN?

They also come from different issuers: Janus Henderson and Goldman Sachs. Their fees differ too: 0.59% for JHAI and 0.50% for GINN.