Data as of .
JHAI vs LQAI: which is really different?
JHAI and LQAI hold 26% of their weight in the same names, and JHAI returned more over the year.
ETFIQ Off-Index Score: JHAI 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
26% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, JHAI and LQAI hold 26% of their money in the same securities at the same weight.
| Holding | JHAI | LQAI |
|---|---|---|
| NVIDIA Corp. | 14.16% | 5.99% |
| Micron Technology, Inc. | 3.71% | 5.92% |
| Microsoft Corp. | 3.42% | 3.40% |
| Amazon.com, Inc. | 5.09% | 3.25% |
| Broadcom, Inc. | 6.48% | 2.85% |
| Alphabet, Inc. | 4.73% | 2.42% |
| Lumentum Holdings, Inc. | 2.22% | 1.03% |
| Palantir Technologies, Inc. | 1.43% | 0.89% |
| Intel Corp. | 1.95% | 0.73% |
| Intuit, Inc. | 1.11% | 0.48% |
| CoreWeave, Inc. | 0.19% | 1.42% |
| GE Vernova, Inc. | 1.65% | 0.15% |
| Only in JHAI | Only in LQAI |
|---|---|
| Taiwan Semiconductor Manufacturing Co. L 16.38% | TESLA INC 5.88% |
| Lam Research Corp. 4.05% | SANDISK CORP 5.44% |
| KLA Corp. 3.01% | APPLE INC 2.64% |
| ASML Holding NV 2.52% | META PLATFORMS INC 2.60% |
| Vertiv Holdings Co. 2.07% | KENVUE INC 2.22% |
| Deere & Co. 2.05% | FORD MOTOR CO 2.15% |
| Nebius Group NV 2.05% | KINDER MORGAN INC 2.12% |
| Progressive Corp. (The) 1.95% | SOFI TECHNOLOGIES INC 2.06% |
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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| JHAI | LQAI | JHAI | LQAI | JHAI | LQAI | |
| 3 months | −6.7% | −3.4% | −8.9 pts | −5.6 pts | −4.2 pts | −0.9 pts |
| 6 months | +31.2% | +20.9% | +13.2 pts | +2.9 pts | +7.0 pts | −3.3 pts |
| 1 year | +27.2% | +17.3% | +10.7 pts | +0.8 pts | +5.5 pts | −4.4 pts |
| Since launch | +38.2% | +88.0% | +17.2 pts | +7.2 pts | +10.1 pts | −8.7 pts |
| JHAI Janus Henderson Global Artificial Intelligence ETF Holds 46 stocks in artificial intelligence, 72% of its weight in S&P 500 companies | LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF Holds 100 stocks in artificial intelligence, 90% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Janus Henderson | Qraft |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 71.8% | 89.9% |
| Active share vs the S&P 500 | 70.0% | 62.1% |
| In the Nasdaq-100 | 61.6% | 58.2% |
| Holdings | 46 | 100 |
| Top ten, share of the fund | 63.6% | 40.4% |
| Expense ratio | 0.59% | 0.75% |
| Fee for the differing part | 0.84% | 1.21% |
| Total return, 1 year | +27.2% | +17.3% |
| vs the S&P 500 | +10.7 pts | +0.8 pts |
| vs the Nasdaq-100 | +5.5 pts | −4.4 pts |
| Below its high | −7.4% | −4.2% |
| Net assets | $21m | $2m |
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.
LQAI in plain words
By weight, 90% of LQAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 62%. The top ten holdings are 40% of the fund across 100 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +17.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 0.8 pts.
Questions people ask
- Do JHAI and LQAI hold the same stocks?
- By their latest filings, 26% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, JHAI or LQAI?
- JHAI has 72% of its weight in S&P 500 names and LQAI has 90%, so JHAI differs more from the index.
- Which is cheaper, JHAI or LQAI?
- JHAI charges 0.59% a year and LQAI charges 0.75%, 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, JHAI against LQAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/jhai-vs-lqai Free to use with attribution; the underlying files are at Open data.