FIVA vs. JHID

Last updated Jul 15, 2026

FIVA (Fidelity International Value Factor ETF) and JHID (John Hancock International High Dividend ETF) are both Foreign Large Cap Equities funds. FIVA is passively managed, while JHID is actively managed. Over the past 3 years, FIVA returned 21.63%/yr vs 19.89%/yr for JHID. Their correlation of 0.94 suggests significant overlap in exposure. FIVA charges 0.18%/yr vs 0.46%/yr for JHID.

Performance

FIVA vs. JHID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Value Factor ETF (FIVA) 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, FIVA achieves a 15.61% return, which is significantly higher than JHID's 14.13% return.

FIVA

• 1D: 0.94%
• 1M: 0.47%
• 6M: 12.13%
• YTD: 15.61%
• 1Y: 35.88%
• 3Y*: 21.63%
• 5Y*: 13.91%
• 10Y*: —

JHID

• 1D: 0.84%
• 1M: -0.27%
• 6M: 11.63%
• YTD: 14.13%
• 1Y: 30.06%
• 3Y*: 19.89%
• 5Y*: —
• 10Y*: —

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

FIVA vs. JHID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FIVA Fidelity International Value Factor ETF	15.61%	45.83%	2.53%	20.38%	0.56%
JHID John Hancock International High Dividend ETF	14.13%	41.47%	3.62%	19.47%	-0.42%

Correlation

The correlation between FIVA and JHID is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 21, 2022	0.94

The correlation between FIVA and JHID has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

FIVA vs. JHID - Sectors Allocation Comparison

Sectors	FIVA	JHID
Financial Services	27.9%	28.6%
Industrials	16.6%	15.7%
Technology	15.7%	9.6%
Healthcare	8.2%	6.4%
Consumer Cyclical	7.5%	4.8%
Basic Materials	7.0%	6.6%
Consumer Defensive	5.3%	7.9%
Energy	4.7%	6.0%
Communication Services	2.8%	2.8%
Utilities	2.7%	5.8%
Real Estate	1.6%	5.8%

Return for Risk

FIVA vs. JHID — Risk / Return Rank

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

FIVA

FIVA Risk / Return Rank: 82
FIVA Sharpe Ratio Rank: 88
FIVA Sortino Ratio Rank: 86
FIVA Omega Ratio Rank: 83
FIVA Calmar Ratio Rank: 76
FIVA Martin Ratio Rank: 79

JHID

JHID Risk / Return Rank: 87
JHID Sharpe Ratio Rank: 89
JHID Sortino Ratio Rank: 89
JHID Omega Ratio Rank: 87
JHID Calmar Ratio Rank: 83
JHID Martin Ratio Rank: 85

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.

FIVA vs. JHID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Factor ETF (FIVA) 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.

	FIVA	JHID	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.31	-0.06
Sortino ratio: Return per unit of downside risk	3.12	3.25	-0.13
Omega ratio: Gain probability vs. loss probability	1.39	1.42	-0.02
Calmar ratio: Return relative to maximum drawdown	3.08	3.59	-0.51
Martin ratio: Return relative to average drawdown	12.01	13.69	-1.67

FIVA vs. JHID - Sharpe Ratio Comparison

The current FIVA Sharpe Ratio is 2.25, which is comparable to the JHID Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of FIVA 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

FIVA vs. JHID - Drawdown Comparison

The maximum FIVA drawdown since its inception was -39.76%, which is greater than JHID's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for FIVA and JHID.

Drawdown Indicators

	FIVA	JHID	Difference
Max Drawdown Largest peak-to-trough decline	-39.76%	-12.42%	-27.34%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-8.42%	-3.29%
Max Drawdown (3Y) Largest decline over 3 years	-14.77%	-12.42%	-2.35%
Max Drawdown (5Y) Largest decline over 5 years	-28.70%	—	—
Current Drawdown Current decline from peak	-0.28%	-0.59%	+0.31%
Average Drawdown Average peak-to-trough decline	-7.69%	-2.43%	-5.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	2.21%	+0.79%

Volatility

FIVA vs. JHID - Volatility Comparison

Fidelity International Value Factor ETF (FIVA) has a higher volatility of 4.37% compared to John Hancock International High Dividend ETF (JHID) at 3.09%. This indicates that FIVA'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

	FIVA	JHID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	3.09%	+1.28%
Volatility (6M) Calculated over the trailing 6-month period	13.66%	11.08%	+2.58%
Volatility (1Y) Calculated over the trailing 1-year period	16.03%	13.06%	+2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.44%	13.91%	+2.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	13.91%	+4.01%

FIVA vs. JHID - Expense Ratio Comparison

FIVA has a 0.18% expense ratio, which is lower than JHID's 0.46% expense ratio.

Dividends

FIVA vs. JHID - Dividend Comparison

FIVA's dividend yield for the trailing twelve months is around 2.61%, less than JHID's 3.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FIVA Fidelity International Value Factor ETF	2.61%	2.68%	3.52%	3.63%	3.62%	3.76%	2.46%	3.61%	3.28%
JHID John Hancock International High Dividend ETF	3.44%	3.13%	5.15%	5.23%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FIVA and JHID in my portfolio?

With a correlation of 0.94, FIVA and JHID move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FIVA or JHID?

FIVA has higher volatility (4.37%) compared to JHID (3.09%). In terms of maximum drawdown, FIVA dropped -39.76% vs JHID's -12.42%.

Which ETF is better, FIVA or JHID?

On 3-year performance, FIVA leads with 21.63% vs 19.89% for JHID. On fees, FIVA is cheaper at 0.18% per year. On volatility, JHID has been the lower-risk option at 3.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIVA or JHID?

Over the 3-year period, FIVA has performed better with a 21.63% return vs 19.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIVA or JHID?

FIVA is cheaper with a 0.18% expense ratio, compared with 0.46% for JHID.

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

JHID has the higher dividend yield at 3.44%, compared with 2.61% for FIVA.

What is the main difference between FIVA and JHID?

They also come from different issuers: Fidelity and John Hancock. Their fees differ too: 0.18% for FIVA and 0.46% for JHID.

Which has better risk-adjusted returns?

JHID currently has the higher Sharpe Ratio (2.31 vs 2.25), 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.