JHAI vs. TIME
JHAI (Janus Henderson Global Artificial Intelligence ETF) and TIME (Clockwise Core Equity & Innovation ETF) are both Technology Equities funds. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. JHAI charges 0.59%/yr vs 1.00%/yr for TIME.
Performance
JHAI vs. TIME - Performance Comparison
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Returns By Period
In the year-to-date period, JHAI achieves a 30.33% return, which is significantly higher than TIME's 9.93% return.
JHAI
- 1D
- -0.73%
- 1M
- 13.08%
- YTD
- 30.33%
- 6M
- 29.31%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TIME
- 1D
- 0.10%
- 1M
- 4.03%
- YTD
- 9.93%
- 6M
- 10.55%
- 1Y
- 23.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JHAI vs. TIME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JHAI Janus Henderson Global Artificial Intelligence ETF | 30.33% | 10.00% |
TIME Clockwise Core Equity & Innovation ETF | 9.93% | 6.43% |
Correlation
The correlation between JHAI and TIME is 0.79, 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 | 0.79 |
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Return for Risk
JHAI vs. TIME — Risk / Return Rank
JHAI
TIME
JHAI vs. TIME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Artificial Intelligence ETF (JHAI) and Clockwise Core Equity & Innovation ETF (TIME). 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.
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Sharpe Ratios by Period
| JHAI | TIME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.29 | 0.81 | +1.48 |
Drawdowns
JHAI vs. TIME - Drawdown Comparison
The maximum JHAI drawdown since its inception was -15.38%, smaller than the maximum TIME drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for JHAI and TIME.
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Drawdown Indicators
| JHAI | TIME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.38% | -24.26% | +8.88% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.09% | — |
Current DrawdownCurrent decline from peak | -2.22% | -0.64% | -1.58% |
Average DrawdownAverage peak-to-trough decline | -3.62% | -5.59% | +1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.55% | — |
Volatility
JHAI vs. TIME - Volatility Comparison
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Volatility by Period
| JHAI | TIME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.48% | 13.25% | +12.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.48% | 17.61% | +7.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.48% | 17.61% | +7.87% |
JHAI vs. TIME - Expense Ratio Comparison
JHAI has a 0.59% expense ratio, which is lower than TIME's 1.00% expense ratio.
Dividends
JHAI vs. TIME - Dividend Comparison
JHAI's dividend yield for the trailing twelve months is around 0.32%, less than TIME's 9.12% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JHAI Janus Henderson Global Artificial Intelligence ETF | 0.32% | 0.32% | 0.00% |
TIME Clockwise Core Equity & Innovation ETF | 9.12% | 10.02% | 15.84% |
Frequently Asked Questions
JHAI and TIME have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JHAI is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JHAI is cheaper with a 0.59% expense ratio, compared with 1.00% for TIME.
TIME has the higher dividend yield at 9.12%, compared with 0.32% for JHAI.
They also come from different issuers: Janus Henderson and Clockwise Capital. Their fees differ too: 0.59% for JHAI and 1.00% for TIME.
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