JHAI - ETF AI Analysis

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Janus Henderson Global Artificial Intelligence ETF (JHAI)

Rating:75Outperform

Price Target:―

JHAI, the Janus Henderson Global Artificial Intelligence ETF, earns a solid overall rating thanks to major positions in leaders like TSMC, Nvidia, Microsoft, and Alphabet, all benefiting from strong financial performance and strategic focus on AI and cloud technologies. These high-quality AI and semiconductor names drive much of the fund’s strength, though premium valuations, some signs of short-term technical weakness, and risks tied to export controls and China exposure introduce volatility and limit further upside. The main risk factor is the fund’s heavy concentration in AI-related chip and tech companies, which can make returns more sensitive to shifts in the semiconductor cycle, regulation, and market sentiment toward high-growth tech.

Positive Factors

Leading AI and Chip Companies at the Top

The fund’s largest positions include well-known technology and semiconductor leaders, several of which have shown strong recent performance and help drive returns.

Broad Technology-Focused Diversification

Holdings spread across multiple tech-related industries and several other sectors help reduce the impact if any single industry within artificial intelligence struggles.

Recent Performance Trending Up

The ETF has delivered positive returns over the past month and year-to-date, suggesting improving momentum in its AI-focused strategy.

Negative Factors

High Stock Concentration

A small group of large technology and semiconductor holdings makes up a big share of the portfolio, increasing the impact if any of these companies perform poorly.

Mixed Results Among Top Holdings

Some of the biggest positions have shown weak or negative recent performance, which can drag on the fund even when other holdings are doing well.

Narrow U.S. and Tech Exposure

With almost all assets in U.S. stocks and a heavy tilt toward technology, the fund is sensitive to downturns in the U.S. tech sector and offers limited global diversification.

JHAI vs. SPDR S&P 500 ETF (SPY)

AUM16.29M

RegionGlobal

Expense Ratio0.59%

Beta1.54

IssuerJanus Henderson

Inception DateAug 19, 2025

Dividend Yield0.32%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume5,217

30 Day Avg. Volume6,894

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

35.52

Price Target Upside― Downside

Rating ConsensusStrong Buy

Number of Analyst Covering50

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

JHAI Summary

The Janus Henderson Global Artificial Intelligence ETF (JHAI) is an actively managed fund that focuses on companies using or building artificial intelligence, mainly within the technology sector. It doesn’t track a set index, but instead selects firms seen as leaders in AI, such as Nvidia and Microsoft, along with other chipmakers and big tech names. Someone might invest in JHAI to seek long-term growth from the expanding use of AI across the economy and to get diversified exposure to many AI-related companies at once. A key risk is that it is heavily concentrated in tech and AI, so its price can swing a lot and may drop sharply if the AI trend slows or stumbles.

How much will it cost me?The Janus Henderson Global Artificial Intelligence ETF (JHAI) has an expense ratio of 0.59%, which means you’ll pay $5.90 per year for every $1,000 invested. This is higher than average because it is actively managed, requiring more research and oversight to select companies in the dynamic AI sector.

What would affect this ETF?The Janus Henderson Global Artificial Intelligence ETF (JHAI) could benefit from the increasing adoption of AI across industries, driving growth for its top holdings like Nvidia and Microsoft. However, potential risks include regulatory scrutiny on AI technologies and economic slowdowns that may impact technology investments globally. Changes in interest rates could also affect the valuation of tech-focused companies in the portfolio.

JHAI Top 10 Holdings

JHAI is leaning hard into the AI hardware backbone, with TSMC and Nvidia sitting in the driver’s seat. TSMC has been rising and giving the fund a solid lift, while Nvidia’s more mixed, recently losing a bit of steam despite its central role in AI chips. Microsoft and Broadcom have been lagging, acting as a mild drag even though they’re key AI players. On the brighter side, Lam Research and Micron are surging, adding momentum. Overall, this is a tech-heavy, semiconductor-centric, globally focused AI bet rather than a broad market play.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
TSM	TSMC	16.53%	$2.69M	$1.57T	80.27%	81 Outperform
NVDA	Nvidia	14.40%	$2.35M	$4.49T	35.01%	76 Outperform
AVGO	Broadcom	5.67%	$923.13K	$1.58T	45.81%	76 Outperform
GOOG	Alphabet Class C	4.38%	$713.75K	$3.66T	62.42%	82 Outperform
MSFT	Microsoft	4.20%	$683.39K	$2.95T	-3.66%	79 Outperform
AMZN	Amazon	4.03%	$656.15K	$2.16T	-9.64%	71 Outperform
LRCX	Lam Research	3.49%	$568.69K	$294.19B	173.89%	77 Outperform
MU	Micron	2.82%	$459.35K	$449.96B	303.36%	79 Outperform
KLAC	KLA	2.77%	$451.35K	$192.71B	91.07%	77 Outperform
CDNS	Cadence Design	2.58%	$420.37K	$77.16B	11.30%	78 Outperform

JHAI Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

27.49

Negative

100DMA

27.40

Positive

200DMA

Market Momentum

MACD

-0.13

Negative

RSI

50.09

Neutral

STOCH

70.00

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JHAI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.43, equal to the 50-day MA of 27.49, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 50.09 is Neutral, neither overbought nor oversold. The STOCH value of 70.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JHAI.

JHAI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
JHAI	―	―	$16.29M	0.59%	―
FDCF	―	―	$99.89M	0.50%	―
AIFD	―	―	$89.26M	0.75%	―
IQM	―	―	$73.75M	0.50%	―
TEKY	―	―	$46.55M	0.50%	―
PBOT	―	―	$9.95M	0.70%	―

Performance Comparison

JHAI

Janus Henderson Global Artificial Intelligence ETF

27.40

2.76

11.20%

FDCF

Fidelity Disruptive Communications ETF

―

AIFD

TCW Artificial Intelligence ETF

―

IQM

Franklin Intelligent Machines ETF

―

TEKY

Lazard Next Gen Technologies ETF

―

PBOT

Pictet AI & Automation ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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