JHAI vs. JSI

Last updated Jun 5, 2026

JHAI (Janus Henderson Global Artificial Intelligence ETF) and JSI (Janus Henderson Securitized Income ETF) are both exchange-traded funds - JHAI is a Technology Equities fund actively managed by Janus Henderson, while JSI is a Short-Term Bond fund actively managed by Janus Henderson. Both are actively managed. At a 0.15 correlation, their price movements are largely independent. JHAI charges 0.59%/yr vs 0.50%/yr for JSI.

Performance

JHAI vs. JSI - Performance Comparison

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

Returns By Period

In the year-to-date period, JHAI achieves a 30.33% return, which is significantly higher than JSI's 1.14% return.

JHAI

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

JSI

• 1D: 0.16%
• 1M: 0.34%
• YTD: 1.14%
• 6M: 1.63%
• 1Y: 4.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JHAI vs. JSI - Yearly Performance Comparison

	2026 (YTD)	2025
JHAI Janus Henderson Global Artificial Intelligence ETF	30.33%	10.00%
JSI Janus Henderson Securitized Income ETF	1.14%	1.34%

Correlation

The correlation between JHAI and JSI is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.15

Return for Risk

JHAI vs. JSI — Risk / Return Rank

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

JSI

JSI Risk / Return Rank: 60
JSI Sharpe Ratio Rank: 61
JSI Sortino Ratio Rank: 59
JSI Omega Ratio Rank: 70
JSI Calmar Ratio Rank: 58
JSI Martin Ratio Rank: 54

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. JSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Artificial Intelligence ETF (JHAI) and Janus Henderson Securitized Income ETF (JSI). 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	JSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.29	2.50	-0.22

Drawdowns

JHAI vs. JSI - Drawdown Comparison

The maximum JHAI drawdown since its inception was -15.38%, which is greater than JSI's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for JHAI and JSI.

Drawdown Indicators

	JHAI	JSI	Difference
Max Drawdown Largest peak-to-trough decline	-15.38%	-2.31%	-13.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.68%	—
Current Drawdown Current decline from peak	-2.22%	-0.30%	-1.92%
Average Drawdown Average peak-to-trough decline	-3.62%	-0.34%	-3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.52%	—

Volatility

Volatility by Period

	JHAI	JSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.48%	2.38%	+23.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.48%	2.88%	+22.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.48%	2.88%	+22.60%

JHAI vs. JSI - Expense Ratio Comparison

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

Dividends

JHAI vs. JSI - Dividend Comparison

JHAI's dividend yield for the trailing twelve months is around 0.32%, less than JSI's 5.80% yield.

Position	TTM	2025	2024	2023
JHAI Janus Henderson Global Artificial Intelligence ETF	0.32%	0.32%	0.00%	0.00%
JSI Janus Henderson Securitized Income ETF	5.80%	5.80%	6.16%	0.84%

Frequently Asked Questions

Can I hold both JHAI and JSI in my portfolio?

JHAI and JSI have a correlation of 0.15, 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 JSI?

On fees, JSI 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 JSI?

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

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

JSI has the higher dividend yield at 5.80%, compared with 0.32% for JHAI.

What is the main difference between JHAI and JSI?

JHAI is categorized as Technology Equities, while JSI is Short-Term Bond. Their fees differ too: 0.59% for JHAI and 0.50% for JSI.