FDT vs. JHID

Last updated Jul 17, 2026

FDT (First Trust Developed Markets ex-US AlphaDEX Fund) and JHID (John Hancock International High Dividend ETF) are both Foreign Large Cap Equities funds. FDT is passively managed, while JHID is actively managed. Over the past 3 years, FDT returned 23.63%/yr vs 19.96%/yr for JHID. Their correlation of 0.86 suggests significant overlap in exposure. FDT charges 0.80%/yr vs 0.46%/yr for JHID.

Performance

FDT vs. JHID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) and John Hancock International High Dividend ETF (JHID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FDT having a 14.96% return and JHID slightly lower at 14.58%.

FDT

• 1D: -1.45%
• 1M: -8.86%
• 6M: 8.25%
• YTD: 14.96%
• 1Y: 35.51%
• 3Y*: 23.63%
• 5Y*: 11.65%
• 10Y*: 9.99%

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)

FDT vs. JHID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FDT First Trust Developed Markets ex-US AlphaDEX Fund	14.96%	52.21%	6.97%	15.03%	-1.41%
JHID John Hancock International High Dividend ETF	14.58%	41.47%	3.62%	19.47%	-0.42%

Correlation

The correlation between FDT and JHID is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (All Time) Calculated using the full available price history since Dec 21, 2022	0.86

The correlation between FDT and JHID has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

FDT vs. JHID - Sectors Allocation Comparison

Sectors	FDT	JHID
Industrials	32.4%	15.7%
Technology	12.1%	9.6%
Consumer Cyclical	11.9%	4.8%
Financial Services	9.9%	28.6%
Basic Materials	9.4%	6.6%
Energy	7.9%	6.0%
Real Estate	5.0%	5.8%
Utilities	4.8%	5.8%
Communication Services	2.8%	2.8%
Consumer Defensive	2.5%	7.9%
Healthcare	1.3%	6.4%

Return for Risk

FDT vs. JHID — Risk / Return Rank

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

FDT

FDT Risk / Return Rank: 65
FDT Sharpe Ratio Rank: 67
FDT Sortino Ratio Rank: 61
FDT Omega Ratio Rank: 68
FDT Calmar Ratio Rank: 67
FDT Martin Ratio Rank: 63

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.

FDT vs. JHID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Developed Markets ex-US AlphaDEX Fund (FDT) 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.

	FDT	JHID	Difference
Sharpe ratio: Return per unit of total volatility	1.74	2.45	-0.71
Sortino ratio: Return per unit of downside risk	2.31	3.42	-1.11
Omega ratio: Gain probability vs. loss probability	1.32	1.44	-0.12
Calmar ratio: Return relative to maximum drawdown	2.66	3.78	-1.12
Martin ratio: Return relative to average drawdown	8.86	14.44	-5.57

FDT vs. JHID - Sharpe Ratio Comparison

The current FDT Sharpe Ratio is 1.74, which is comparable to the JHID Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of FDT 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

FDT vs. JHID - Drawdown Comparison

The maximum FDT drawdown since its inception was -46.10%, which is greater than JHID's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for FDT and JHID.

Drawdown Indicators

	FDT	JHID	Difference
Max Drawdown Largest peak-to-trough decline	-46.10%	-12.42%	-33.68%
Max Drawdown (1Y) Largest decline over 1 year	-13.41%	-8.42%	-4.99%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-12.42%	-1.87%
Max Drawdown (5Y) Largest decline over 5 years	-32.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.10%	—	—
Current Drawdown Current decline from peak	-9.86%	-0.44%	-9.42%
Average Drawdown Average peak-to-trough decline	-10.73%	-2.43%	-8.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	2.20%	+1.82%

Volatility

FDT vs. JHID - Volatility Comparison

First Trust Developed Markets ex-US AlphaDEX Fund (FDT) has a higher volatility of 6.48% compared to John Hancock International High Dividend ETF (JHID) at 3.19%. This indicates that FDT'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

	FDT	JHID	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.48%	3.19%	+3.29%
Volatility (6M) Calculated over the trailing 6-month period	18.46%	11.09%	+7.37%
Volatility (1Y) Calculated over the trailing 1-year period	20.55%	13.03%	+7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.62%	13.90%	+4.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.53%	13.90%	+4.63%

FDT vs. JHID - Expense Ratio Comparison

FDT has a 0.80% expense ratio, which is higher than JHID's 0.46% expense ratio.

Dividends

FDT vs. JHID - Dividend Comparison

FDT's dividend yield for the trailing twelve months is around 2.91%, less than JHID's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDT First Trust Developed Markets ex-US AlphaDEX Fund	2.91%	3.27%	3.89%	4.36%	2.29%	3.80%	2.42%	2.78%	2.13%	1.57%	1.76%	1.83%
JHID John Hancock International High Dividend ETF	3.42%	3.13%	5.15%	5.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDT and JHID in my portfolio?

FDT and JHID have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDT or JHID?

FDT has higher volatility (6.48%) compared to JHID (3.19%). In terms of maximum drawdown, FDT dropped -46.10% vs JHID's -12.42%.

Which ETF is better, FDT or JHID?

On 3-year performance, FDT leads with 23.63% vs 19.96% for JHID. On fees, JHID is cheaper at 0.46% 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, FDT or JHID?

Over the 3-year period, FDT has performed better with a 23.63% return vs 19.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDT or JHID?

JHID is cheaper with a 0.46% expense ratio, compared with 0.80% for FDT.

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

JHID has the higher dividend yield at 3.42%, compared with 2.91% for FDT.

What is the main difference between FDT and JHID?

They also come from different issuers: First Trust and John Hancock. Their fees differ too: 0.80% for FDT and 0.46% for JHID.

Which has better risk-adjusted returns?

JHID currently has the higher Sharpe Ratio (2.45 vs 1.74), 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.