SCRD vs. JHAI

Last updated Jun 4, 2026

SCRD (Janus Henderson Corporate Bond ETF) and JHAI (Janus Henderson Global Artificial Intelligence ETF) are both exchange-traded funds - SCRD is a Corporate Bonds fund actively managed by Janus Henderson, while JHAI is a Technology Equities fund actively managed by Janus Henderson. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. SCRD charges 0.35%/yr vs 0.59%/yr for JHAI.

Performance

SCRD vs. JHAI - Performance Comparison

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

Returns By Period

In the year-to-date period, SCRD achieves a 0.24% return, which is significantly lower than JHAI's 31.29% return.

SCRD

• 1D: -0.21%
• 1M: 0.42%
• YTD: 0.24%
• 6M: 0.13%
• 1Y: 6.25%
• 3Y*: 5.54%
• 5Y*: —
• 10Y*: —

JHAI

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

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

SCRD vs. JHAI - Yearly Performance Comparison

	2026 (YTD)	2025
SCRD Janus Henderson Corporate Bond ETF	0.24%	3.02%
JHAI Janus Henderson Global Artificial Intelligence ETF	31.29%	10.00%

Correlation

The correlation between SCRD and JHAI is 0.43, 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	0.43

Return for Risk

SCRD vs. JHAI — Risk / Return Rank

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

SCRD

SCRD Risk / Return Rank: 47
SCRD Sharpe Ratio Rank: 47
SCRD Sortino Ratio Rank: 50
SCRD Omega Ratio Rank: 47
SCRD Calmar Ratio Rank: 45
SCRD Martin Ratio Rank: 47

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.

SCRD vs. JHAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Global Artificial Intelligence ETF (JHAI). 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.

	SCRD	JHAI	Difference
Sharpe ratio: Return per unit of total volatility	1.62	—	—
Sortino ratio: Return per unit of downside risk	2.41	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.19	—	—
Martin ratio: Return relative to average drawdown	7.63	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SCRD	JHAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	2.36	-2.34

Drawdowns

SCRD vs. JHAI - Drawdown Comparison

The maximum SCRD drawdown since its inception was -21.17%, which is greater than JHAI's maximum drawdown of -15.38%. Use the drawdown chart below to compare losses from any high point for SCRD and JHAI.

Drawdown Indicators

	SCRD	JHAI	Difference
Max Drawdown Largest peak-to-trough decline	-21.17%	-15.38%	-5.79%
Max Drawdown (1Y) Largest decline over 1 year	-2.87%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.84%	—	—
Current Drawdown Current decline from peak	-0.97%	-1.50%	+0.53%
Average Drawdown Average peak-to-trough decline	-8.77%	-3.62%	-5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	—	—

Volatility

Volatility by Period

	SCRD	JHAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.88%	25.52%	-21.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.32%	25.52%	-19.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.32%	25.52%	-19.20%

SCRD vs. JHAI - Expense Ratio Comparison

SCRD has a 0.35% expense ratio, which is lower than JHAI's 0.59% expense ratio.

Dividends

SCRD vs. JHAI - Dividend Comparison

SCRD's dividend yield for the trailing twelve months is around 5.44%, more than JHAI's 0.31% yield.

Position	TTM	2025	2024	2023	2022	2021
JHAI Janus Henderson Global Artificial Intelligence ETF	0.31%	0.32%	0.00%	0.00%	0.00%	0.00%
SCRD Janus Henderson Corporate Bond ETF	5.44%	5.28%	5.36%	3.99%	2.77%	0.83%

Frequently Asked Questions

Can I hold both SCRD and JHAI in my portfolio?

SCRD and JHAI have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCRD or JHAI?

On fees, SCRD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCRD or JHAI?

SCRD is cheaper with a 0.35% expense ratio, compared with 0.59% for JHAI.

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

SCRD has the higher dividend yield at 5.44%, compared with 0.31% for JHAI.

What is the main difference between SCRD and JHAI?

SCRD is categorized as Corporate Bonds, while JHAI is Technology Equities. Their fees differ too: 0.35% for SCRD and 0.59% for JHAI.