JHAI vs VOO

Quick Verdict

VOO has a lower expense ratio. JHAI delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: JHAIMore Diversified: VOO

Side-by-Side Comparison

MetricJHAIVOOWinner
Expense Ratio0.59%0.03%
AUM-$979.0B
Dividend Yield0.37%1.09%
Holdings50509
YTD Return+28.50%+14.48%
1Y Return+43.17%+22.02%
3Y Return (annualized)-+21.80%
5Y Return (annualized)-+13.36%
Volatility (annualized)30.3%14.2%
Max Drawdown-19.4%-34.3%
Fund FamilyJanus Henderson InvestorsVanguard (US)
CategoryEquityEquity
InceptionAug 19, 2025Sep 7, 2010

JHAI vs VOO Performance

Janus Henderson Global Artificial Intelligence ETF (JHAI) is a ETF from Janus Henderson Investors and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year JHAI returned +43.17% while VOO returned +22.02%. Year to date, JHAI is up 28.50% versus a gain of 14.48% for VOO.

Risk: Volatility and Drawdowns

JHAI has been the more volatile fund, with annualized monthly volatility of 30.3% compared with 14.2% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -19.4% for JHAI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JHAI charges 0.59% per year while VOO charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, JHAI currently yields 0.37% against 1.09% for VOO.

Holdings Overlap

30.3%overlap

JHAI and VOO share 29 holdings out of 524 unique holdings combined, representing a 30.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in JHAIWeight in VOODifference
NVDA13.26%7.51%5.75%
AVGO5.48%2.77%2.71%
MU5.94%2.02%3.92%
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Frequently Asked Questions

Which is cheaper, JHAI or VOO?

JHAI has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

Which performed better, JHAI or VOO?

Over the past year JHAI returned +43.17% vs +22.02% for VOO, so JHAI leads on 1-year performance. Past performance does not guarantee future results.

Which is riskier, JHAI or VOO?

JHAI has been the more volatile fund at 30.3% annualized versus 14.2% for VOO. Worst drawdown: JHAI -19.4% vs VOO -34.3%.

Should I hold both JHAI and VOO?

JHAI and VOO have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between JHAI and VOO?

JHAI and VOO share 29 common holdings with a 30.3% weight overlap. Combined, they hold 524 unique securities.

Which pays a higher dividend, JHAI or VOO?

JHAI yields 0.37% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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