JHAI Fees and Costs — Janus Henderson Global Artificial Intelligence ETF
Data updated: 2026-09-25
The net expense ratio is 0.59%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0143% of average net assets, and portfolio turnover was 14%.
JHAI Fees and Expenses
Annual operating expenses and sales charges of JHAI. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
JHAI Costs Over Time
On $10,000 invested in JHAI, assuming 5% a year before costs, total costs come to $381 over 5 years, cutting the return by 0.63% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $209 | $381 |
| Value after costs | $10,437 | $11,368 | $12,382 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
JHAI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0143%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $9.6M
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
JHAI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $401 | 34.32% |
| BofA Securities, Inc. | $222 | 18.98% |
| Raymond James & Associates, Inc. | $145 | 12.39% |
| William Blair & Company, L.L.C. | $93 | 7.99% |
| UBS Securities LLC | $70 | 5.99% |
| Jefferies LLC | $64 | 5.44% |
| BMO Capital Markets Corp. | $59 | 5.08% |
| TD SECURITIES (USA) LLC | $41 | 3.54% |
| Morgan Stanley & Co. LLC | $38 | 3.27% |
| LIQUIDNET INC | $35 | 3.00% |
JHAI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $6.0M | 61.95% |
| Virtu Americas LLC | $1.9M | 19.35% |
| J.P. Morgan Securities LLC | $1.8M | 18.40% |
| Morgan Stanley & Co. LLC | $29K | 0.31% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.