HDV vs. PDT
Compare and contrast key facts about iShares Core High Dividend ETF (HDV) and John Hancock Premium Dividend Fund (PDT).
HDV is a passively managed fund by iShares that tracks the performance of the Morningstar Dividend Yield Focus Index. It was launched on Mar 29, 2011. PDT is managed by John Hancock. It was launched on Dec 14, 1989.
Performance
HDV vs. PDT - Performance Comparison
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HDV vs. PDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 12.30% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | -6.48% | 20.22% | -3.01% | 13.40% |
PDT John Hancock Premium Dividend Fund | 5.12% | 7.64% | 29.92% | -9.55% | -16.30% | 25.98% | -14.20% | 39.29% | -12.49% | 21.22% |
Returns By Period
In the year-to-date period, HDV achieves a 12.30% return, which is significantly higher than PDT's 5.12% return. Over the past 10 years, HDV has outperformed PDT with an annualized return of 9.52%, while PDT has yielded a comparatively lower 7.10% annualized return.
HDV
- 1D
- 0.24%
- 1M
- -2.54%
- YTD
- 12.30%
- 6M
- 12.67%
- 1Y
- 15.69%
- 3Y*
- 13.97%
- 5Y*
- 11.18%
- 10Y*
- 9.52%
PDT
- 1D
- 1.87%
- 1M
- -2.93%
- YTD
- 5.12%
- 6M
- 2.00%
- 1Y
- 8.08%
- 3Y*
- 10.74%
- 5Y*
- 5.56%
- 10Y*
- 7.10%
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HDV vs. PDT - Expense Ratio Comparison
HDV has a 0.08% expense ratio, which is lower than PDT's 5.06% expense ratio.
Return for Risk
HDV vs. PDT — Risk / Return Rank
HDV
PDT
HDV vs. PDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core High Dividend ETF (HDV) and John Hancock Premium Dividend Fund (PDT). 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.
| HDV | PDT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 0.61 | +0.62 |
Sortino ratioReturn per unit of downside risk | 1.70 | 0.87 | +0.83 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.14 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 0.84 | +0.81 |
Martin ratioReturn relative to average drawdown | 6.01 | 3.30 | +2.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HDV | PDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 0.61 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.33 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.28 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.32 | +0.41 |
Correlation
The correlation between HDV and PDT is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HDV vs. PDT - Dividend Comparison
HDV's dividend yield for the trailing twelve months is around 2.92%, less than PDT's 7.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 2.92% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
PDT John Hancock Premium Dividend Fund | 7.56% | 7.80% | 7.77% | 10.14% | 9.04% | 6.42% | 8.43% | 6.70% | 8.69% | 9.94% | 9.15% | 7.88% |
Drawdowns
HDV vs. PDT - Drawdown Comparison
The maximum HDV drawdown since its inception was -37.04%, smaller than the maximum PDT drawdown of -62.39%. Use the drawdown chart below to compare losses from any high point for HDV and PDT.
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Drawdown Indicators
| HDV | PDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.04% | -62.39% | +25.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.04% | -10.34% | +0.30% |
Max Drawdown (5Y)Largest decline over 5 years | -15.42% | -40.44% | +25.02% |
Max Drawdown (10Y)Largest decline over 10 years | -37.04% | -62.39% | +25.35% |
Current DrawdownCurrent decline from peak | -2.58% | -2.93% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -3.09% | -10.06% | +6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.67% | +0.21% |
Volatility
HDV vs. PDT - Volatility Comparison
The current volatility for iShares Core High Dividend ETF (HDV) is 2.94%, while John Hancock Premium Dividend Fund (PDT) has a volatility of 4.21%. This indicates that HDV experiences smaller price fluctuations and is considered to be less risky than PDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HDV | PDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 4.21% | -1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 7.06% | 7.16% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.79% | 13.21% | -0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 17.06% | -4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.70% | 25.18% | -9.48% |