Data as of .
DRAI vs JHAI: which is really different?
DRAI and JHAI hold 0% of their weight in the same names, and JHAI returned more over the year.
ETFIQ Off-Index Score: DRAI scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DRAI and JHAI hold 0% of their money in the same securities at the same weight.
| Only in DRAI | Only in JHAI |
|---|---|
| ProShares UltraPro QQQ 21.14% | Taiwan Semiconductor Manufacturing Co. L 16.38% |
| Direxion Daily S&P 500 Bull 3X ETF 20.90% | NVIDIA Corp. 14.16% |
| iShares 7-10 Year Treasury Bond ETF 17.05% | Broadcom, Inc. 6.48% |
| Vanguard Total Bond Market ETF 17.04% | Amazon.com, Inc. 5.09% |
| iShares iBoxx USD High Yield Corporate B 17.03% | Alphabet, Inc. 4.73% |
| ProShares UltraPro Dow30 2.33% | Lam Research Corp. 4.05% |
| Direxion Daily Small Cap Bull 3X ETF 2.27% | Micron Technology, Inc. 3.71% |
| Direxion Daily Semiconductor Bull 3X ETF 2.24% | Microsoft Corp. 3.42% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 29, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DRAI | JHAI | DRAI | JHAI | DRAI | JHAI | |
| 3 months | −4.5% | −6.7% | −6.8 pts | −8.9 pts | −2.0 pts | −4.2 pts |
| 6 months | +14.8% | +31.2% | −3.3 pts | +13.2 pts | −9.5 pts | +7.0 pts |
| 1 year | +15.8% | +27.2% | −0.8 pts | +10.7 pts | −6.0 pts | +5.5 pts |
| Since launch | +35.8% | +38.2% | −3.5 pts | +17.2 pts | −9.1 pts | +10.1 pts |
| DRAI Draco Evolution AI ETF Holds 8 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | JHAI Janus Henderson Global Artificial Intelligence ETF Holds 46 stocks in artificial intelligence, 72% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Draco Evolution | Janus Henderson |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 0.0% | 71.8% |
| Active share vs the S&P 500 | 100.0% | 70.0% |
| In the Nasdaq-100 | 0.0% | 61.6% |
| Holdings | 8 | 46 |
| Top ten, share of the fund | 100.0% | 63.6% |
| Expense ratio | 1.34% | 0.59% |
| Fee for the differing part | 1.34% | 0.84% |
| Total return, 1 year | +15.8% | +27.2% |
| vs the S&P 500 | −0.8 pts | +10.7 pts |
| vs the Nasdaq-100 | −6.0 pts | +5.5 pts |
| Below its high | −7.6% | −7.4% |
| Net assets | $24m | $21m |
DRAI in plain words
By weight, 0% of DRAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 8 positions, as filed for May 29, 2026. Over the year to Sep 18, 2026 the fund returned +15.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 0.8 pts. It sits 7.6% below its all-time high of Jun 2, 2026.
JHAI in plain words
By weight, 72% of JHAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 70%. The top ten holdings are 64% of the fund across 46 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +27.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 10.7 pts. It sits 7.4% below its all-time high of Jun 30, 2026.
Questions people ask
- Do DRAI and JHAI hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, DRAI or JHAI?
- DRAI has 0% of its weight in S&P 500 names and JHAI has 72%, so DRAI differs more from the index.
- Which is cheaper, DRAI or JHAI?
- DRAI charges 1.34% a year and JHAI charges 0.59%, so JHAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DRAI against JHAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drai-vs-jhai Free to use with attribution; the underlying files are at Open data.