JHAI vs QTUM

JHAIBJanus Henderson Global Artificial Intelligence ETF

QTUMADefiance Quantum ETF

In short

JHAI A 2025-launched global AI fund that hunts outside the usual US mega-cap roster, running a high-conviction lineup measured against a blend of world tech and growth rather than a narrow rules-based AI index.

QTUM Live since 2018, QTUM turns the quantum-computing story into a plain index fund: about 90 global names spanning quantum hardware and machine learning, for 0.40% a year.

Stated mandate

JHAI JHAI seeks long-term capital appreciation through a high-conviction portfolio focused on companies positioned to benefit from advances in artificial intelligence and innovation.

QTUM The Fund seeks to track, before fees and expenses, the total return of the BlueStar® Quantum Computing and Machine Learning Index. It uses a passive indexing approach.

Why people hold it

• JHAI Costs 0.59% a year, under the typical fee for an AI-theme ETF.
• Global by mandate: it looks for AI beneficiaries across world markets, not only the US names everyone already owns.
• Measured against a 50/50 blend of MSCI ACWI IT and ACWI Growth, so stock picking drives the portfolio instead of a mechanical AI screen.
• Distributions land on a quarterly schedule.

• QTUM 0.40% a year against a 0.68% median for its AI-theme cohort, and it undercuts peers like WTAI (0.45%) and ALAI (0.55%).
• Rules-based by design: it tracks the BlueStar Quantum Computing and Machine Learning Index, so no manager is hand-picking which quantum story wins.
• About 90 holdings across global markets, so the theme rides on a basket instead of two or three pure plays.
• Size and liquidity back it up: a multi-billion-dollar fund that trades actively, and one of the stronger implementations in its thematic peer group.

Worth knowing

• JHAI Launched in August 2025, so the live record is short, and the fund is small and lightly traded, which can mean wider gaps between bid and ask.
• Cheaper AI-theme options exist, including XAIX at 0.35% and QTUM at 0.40%.
• High conviction means concentrated. Fewer holdings, so any single name's move hits the fund harder.

• QTUM Risk is the softest part of the profile. One narrow, early-stage theme in a single asset class means sharper swings than a broad-market fund.
• The index covers machine learning as well as quantum, so part of the basket is familiar AI exposure rather than quantum specialists.
• Distributions come quarterly, but a growth theme like this is not built around income.

Full JHAI profile⁠

Full QTUM profile⁠