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JHAIvsCNEQETF Comparison

ETF 1

JHAI

Janus Henderson Global Artificial Intelligence ETF

This fund is part of

AI & Big Data

+0.27%

Full JHAI fund page

VS

ETF 2

CNEQ

Alger Concentrated Equity ETF

This fund is part of

US Large Cap Growth

-0.38%

Full CNEQ fund page

Janus Henderson Global Artificial Intelligence ETF (JHAI) belongs to the AI & Big Data segment. Alger Concentrated Equity ETF (CNEQ) is part of the US Large Cap Growth segment. JHAI's top 3 sector exposures are Technology, Industrials and Consumer Non-Cyclicals. In contrast, CNEQ's top sector exposures are Technology, Consumer Non-Cyclicals and Industrials. JHAI is less expensive with a Total Expense Ratio (TER) of 0.59%, versus 1.62% for CNEQ. JHAI is up 16.24% year-to-date (YTD) with +$10M in YTD flows. CNEQ performs worse with 9.23% YTD performance, and +$6.80B in YTD flows. Run a side-by-side ETF comparison of JHAI and CNEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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JHAI vs CNEQ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/22/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	JHAI CNEQ	-10.94%-7.72%	-6.34%-2.87%	+16.24%+9.23%	+17.68%+9.12%	n/an/a	n/an/a
Flows	JHAI CNEQ	+$897K+$4.05B	+$5M+$6.20B	+$10M+$6.80B	+$12M+$6.87B	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	JHAI CNEQ	+32.86%+23.24%	+31.57%+24.88%	n/an/a	n/an/a
Max drawdown	JHAI CNEQ	-14.27%-10.30%	-19.34%-18.59%	n/an/a	n/an/a
Max drawdown duration	JHAI CNEQ	16d17d	97d174d	n/an/a	n/an/a

Trading data

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	JHAI	CNEQ
Last sale 10/23/2026 at 1:30 PM	$31.70	$37.56
Previous close 10/22/2026	$31.59	$37.69
Consolidated volume 10/22/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 10/23/2026 at 1:30 PM

Live

Closed

	JHAI	CNEQ
Last price	$31.70	$37.56
1D performance	+0.34%	-0.34%
AuM	$27.65 M	$6.76 B
E/R	0.59%	1.62%

Characteristics

	JHAI	CNEQ
Management strategy	Active	Active
Provider	Janus Henderson Investors	Fred Alger Management
Benchmark	-	-
N° of holdings	46	27
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	August 20, 2025	April 5, 2024
ESG	No	No

More JHAI data on Trackinsight

More CNEQ data on Trackinsight

Exposure

Countries

JHAI

USA

70.52%

Taiwan

14.89%

Other

14.59%

CNEQ

USA

78.23%

Other

21.77%

Sectors

JHAI

Technology

80.92%

Industrials

7.96%

Other

11.12%

CNEQ

Technology

62.51%

Consumer Non-Cycl.

7.46%

Other

30.04%

Diversification

JHAI

Total weight of top 15 holdings out of 15

74.82%

CNEQ

Total weight of top 15 holdings out of 15

73.48%

Top 15 holdings

Data as of August 31, 2026

JHAI

Taiwan Semiconductor Manufacturing Co., Ltd.

14.89%

NVIDIA Corp.

13.89%

Microsoft Corp.

5.82%

Micron Technology, Inc.

5.22%

Broadcom Inc.

4.81%

Lam Research Corp.

4.11%

ASML Holding NV

3.85%

Amazon.com, Inc.

3.69%

Nebius Group NV

3.09%

Advanced Micro Devices, Inc.

3.02%

KLA Corp.

2.62%

Lumentum Holdings, Inc.

2.60%

Snowflake, Inc.

2.55%

Alphabet, Inc.

2.37%

Deere & Co.

2.28%

CNEQ

NVIDIA Corp.

14.60%

Microsoft Corp.

8.32%

Alphabet, Inc.

5.87%

Taiwan Semiconductor Manufacturing Co., Ltd.

5.50%

Apple, Inc.

5.05%

Broadcom Inc.

4.62%

Amazon.com, Inc.

4.58%

Nebius Group NV

4.24%

Western Digital Corp.

4.11%

Micron Technology, Inc.

3.06%

Meta Platforms, Inc.

2.96%

Sea Ltd. (Singapore)

2.88%

Tesla, Inc.

2.69%

Talen Energy Corp.

2.59%

GE Vernova, Inc.

2.41%

Frequently asked questions about JHAI and CNEQ

How have the JHAI and CNEQ ETFs performed in 2026?

As of October 22, 2026, JHAI is up 16.24% year-to-date (YTD), while CNEQ has returned 9.23%. That puts JHAI better performer ahead so far this year.

Which ETF is attracting more investor money: JHAI or CNEQ?

Year-to-date, the JHAI ETF saw +$10M in flows, compared to +$6.80B for CNEQ.

Which ETF is more volatile: JHAI or CNEQ?

Over the past year, JHAI had a volatility of 31.57%, while CNEQ experienced 24.88%.

Which ETF is bigger: JHAI or CNEQ?

As of October 22, 2026, JHAI holds $27.65 M in assets under management (AUM), while CNEQ manages $6.76 B.

What sectors do the JHAI and CNEQ ETFs invest in?

JHAI leans toward sectors like Technology and Industrials. Meanwhile, CNEQ focuses on Technology and Consumer Non-Cyclicals.

What are the top holdings of the JHAI ETF and CNEQ ETF?

JHAI top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., NVIDIA Corp. and Microsoft Corp.. CNEQ holds in its top three: NVIDIA Corp., Microsoft Corp. and Alphabet, Inc..

JHAIvsCNEQETF Comparison

Janus Henderson Global Artificial Intelligence ETF

Alger Concentrated Equity ETF

JHAI vs CNEQ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the JHAI and CNEQ ETFs performed in 2026?

As of October 22, 2026, JHAI is up 16.24% year-to-date (YTD), while CNEQ has returned 9.23%. That puts JHAI better performer ahead so far this year.

Which ETF is attracting more investor money: JHAI or CNEQ?

Year-to-date, the JHAI ETF saw +$10M in flows, compared to +$6.80B for CNEQ.

Which ETF is more volatile: JHAI or CNEQ?

Over the past year, JHAI had a volatility of 31.57%, while CNEQ experienced 24.88%.

Which ETF is bigger: JHAI or CNEQ?

As of October 22, 2026, JHAI holds $27.65 M in assets under management (AUM), while CNEQ manages $6.76 B.

What sectors do the JHAI and CNEQ ETFs invest in?

JHAI leans toward sectors like Technology and Industrials. Meanwhile, CNEQ focuses on Technology and Consumer Non-Cyclicals.

What are the top holdings of the JHAI ETF and CNEQ ETF?

JHAI top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., NVIDIA Corp. and Microsoft Corp.. CNEQ holds in its top three: NVIDIA Corp., Microsoft Corp. and Alphabet, Inc..

Which ETF is more diversified: JHAI or CNEQ?

JHAI holds 46 securities with 74.82% of its assets in the top 15. CNEQ has 27 securities and a top 15 weight of 73.48%.

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