APIE vs. JHID

Last updated Jul 17, 2026

APIE (ActivePassive International Equity ETF) and JHID (John Hancock International High Dividend ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past 3 years, APIE returned 16.55%/yr vs 19.96%/yr for JHID. A 0.80 correlation means they provide meaningful diversification when combined. APIE charges 0.45%/yr vs 0.46%/yr for JHID.

Performance

APIE vs. JHID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive International Equity ETF (APIE) and John Hancock International High Dividend ETF (JHID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APIE achieves a 8.39% return, which is significantly lower than JHID's 14.58% return.

APIE

• 1D: -0.63%
• 1M: -0.54%
• 6M: 3.69%
• YTD: 8.39%
• 1Y: 20.97%
• 3Y*: 16.55%
• 5Y*: —
• 10Y*: —

JHID

• 1D: -0.44%
• 1M: -0.18%
• 6M: 10.79%
• YTD: 14.58%
• 1Y: 31.71%
• 3Y*: 19.96%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APIE vs. JHID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
APIE ActivePassive International Equity ETF	8.39%	31.46%	7.37%	7.64%
JHID John Hancock International High Dividend ETF	14.58%	41.47%	3.62%	10.69%

Correlation

The correlation between APIE and JHID is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (All Time) Calculated using the full available price history since May 3, 2023	0.80

The correlation between APIE and JHID has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

APIE vs. JHID - Sectors Allocation Comparison

Sectors	APIE	JHID
Technology	22.8%	9.6%
Financial Services	20.1%	28.6%
Industrials	14.7%	15.7%
Healthcare	9.4%	6.4%
Consumer Cyclical	8.7%	4.8%
Consumer Defensive	6.7%	7.9%
Communication Services	5.9%	2.8%
Basic Materials	4.9%	6.6%
Energy	2.5%	6.0%
Utilities	2.1%	5.8%
Real Estate	0.4%	5.8%

Return for Risk

APIE vs. JHID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APIE

APIE Risk / Return Rank: 43
APIE Sharpe Ratio Rank: 43
APIE Sortino Ratio Rank: 43
APIE Omega Ratio Rank: 41
APIE Calmar Ratio Rank: 41
APIE Martin Ratio Rank: 47

JHID

JHID Risk / Return Rank: 88
JHID Sharpe Ratio Rank: 91
JHID Sortino Ratio Rank: 90
JHID Omega Ratio Rank: 89
JHID Calmar Ratio Rank: 85
JHID Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APIE vs. JHID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive International Equity ETF (APIE) and John Hancock International High Dividend ETF (JHID). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	APIE	JHID	Difference
Sharpe ratio: Return per unit of total volatility	1.26	2.45	-1.19
Sortino ratio: Return per unit of downside risk	1.83	3.42	-1.59
Omega ratio: Gain probability vs. loss probability	1.22	1.44	-0.22
Calmar ratio: Return relative to maximum drawdown	1.70	3.78	-2.09
Martin ratio: Return relative to average drawdown	6.18	14.44	-8.25

APIE vs. JHID - Sharpe Ratio Comparison

The current APIE Sharpe Ratio is 1.26, which is lower than the JHID Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of APIE and JHID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APIE vs. JHID - Drawdown Comparison

The maximum APIE drawdown since its inception was -15.94%, which is greater than JHID's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for APIE and JHID.

Drawdown Indicators

	APIE	JHID	Difference
Max Drawdown Largest peak-to-trough decline	-15.94%	-12.42%	-3.52%
Max Drawdown (1Y) Largest decline over 1 year	-12.41%	-8.42%	-3.99%
Max Drawdown (3Y) Largest decline over 3 years	-15.94%	-12.42%	-3.52%
Current Drawdown Current decline from peak	-1.56%	-0.44%	-1.12%
Average Drawdown Average peak-to-trough decline	-2.71%	-2.43%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	2.20%	+1.20%

Volatility

APIE vs. JHID - Volatility Comparison

ActivePassive International Equity ETF (APIE) has a higher volatility of 4.30% compared to John Hancock International High Dividend ETF (JHID) at 3.19%. This indicates that APIE's price experiences larger fluctuations and is considered to be riskier than JHID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APIE	JHID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	3.19%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	14.06%	11.09%	+2.97%
Volatility (1Y) Calculated over the trailing 1-year period	16.74%	13.03%	+3.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	13.90%	+3.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.91%	13.90%	+3.01%

APIE vs. JHID - Expense Ratio Comparison

APIE has a 0.45% expense ratio, which is lower than JHID's 0.46% expense ratio.

Dividends

APIE vs. JHID - Dividend Comparison

APIE's dividend yield for the trailing twelve months is around 3.43%, which matches JHID's 3.42% yield.

Position	TTM	2025	2024	2023
APIE ActivePassive International Equity ETF	3.43%	3.71%	2.14%	0.63%
JHID John Hancock International High Dividend ETF	3.42%	3.13%	5.15%	5.23%

Frequently Asked Questions

Can I hold both APIE and JHID in my portfolio?

APIE and JHID have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APIE or JHID?

APIE has higher volatility (4.30%) compared to JHID (3.19%). In terms of maximum drawdown, APIE dropped -15.94% vs JHID's -12.42%.

Which ETF is better, APIE or JHID?

On 3-year performance, JHID leads with 19.96% vs 16.55% for APIE. On fees, APIE is cheaper at 0.45% per year. On volatility, JHID has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, APIE or JHID?

Over the 3-year period, JHID has performed better with a 19.96% return vs 16.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, APIE or JHID?

APIE is cheaper with a 0.45% expense ratio, compared with 0.46% for JHID.

Which ETF pays a higher dividend yield, APIE or JHID?

APIE and JHID have nearly identical dividend yields, around 3.43%.

What is the main difference between APIE and JHID?

They also come from different issuers: ActivePassive and John Hancock. Their fees differ too: 0.45% for APIE and 0.46% for JHID.

Which has better risk-adjusted returns?

JHID currently has the higher Sharpe Ratio (2.45 vs 1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.