IQDF vs. JHID

Last updated Jul 17, 2026

IQDF (FlexShares International Quality Dividend Index Fund) and JHID (John Hancock International High Dividend ETF) are both Foreign Large Cap Equities funds. IQDF is passively managed, while JHID is actively managed. Over the past 3 years, IQDF returned 21.23%/yr vs 19.96%/yr for JHID. Their correlation of 0.90 suggests significant overlap in exposure. IQDF charges 0.47%/yr vs 0.46%/yr for JHID.

Performance

IQDF vs. JHID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares International Quality Dividend Index Fund (IQDF) 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 IQDF having a 15.18% return and JHID slightly lower at 14.58%.

IQDF

• 1D: -1.09%
• 1M: -1.35%
• 6M: 10.22%
• YTD: 15.18%
• 1Y: 30.49%
• 3Y*: 21.23%
• 5Y*: 11.20%
• 10Y*: 9.41%

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)

IQDF vs. JHID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IQDF FlexShares International Quality Dividend Index Fund	15.18%	35.42%	6.62%	20.10%	0.39%
JHID John Hancock International High Dividend ETF	14.58%	41.47%	3.62%	19.47%	-0.42%

Correlation

The correlation between IQDF and JHID is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Dec 21, 2022	0.90

The correlation between IQDF and JHID has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

IQDF vs. JHID - Sectors Allocation Comparison

Sectors	IQDF	JHID
Financial Services	27.1%	28.6%
Technology	20.1%	9.6%
Industrials	12.0%	15.7%
Basic Materials	7.5%	6.6%
Consumer Cyclical	6.2%	4.8%
Consumer Defensive	5.5%	7.9%
Healthcare	5.3%	6.4%
Energy	4.3%	6.0%
Communication Services	3.6%	2.8%
Real Estate	3.0%	5.8%
Utilities	2.9%	5.8%

Return for Risk

IQDF vs. JHID — Risk / Return Rank

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

IQDF

IQDF Risk / Return Rank: 75
IQDF Sharpe Ratio Rank: 76
IQDF Sortino Ratio Rank: 72
IQDF Omega Ratio Rank: 73
IQDF Calmar Ratio Rank: 75
IQDF Martin Ratio Rank: 77

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.

IQDF vs. JHID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Index Fund (IQDF) 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.

	IQDF	JHID	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.45	-0.50
Sortino ratio: Return per unit of downside risk	2.60	3.42	-0.83
Omega ratio: Gain probability vs. loss probability	1.34	1.44	-0.10
Calmar ratio: Return relative to maximum drawdown	3.05	3.78	-0.73
Martin ratio: Return relative to average drawdown	11.40	14.44	-3.03

IQDF vs. JHID - Sharpe Ratio Comparison

The current IQDF Sharpe Ratio is 1.94, which is comparable to the JHID Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of IQDF 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

IQDF vs. JHID - Drawdown Comparison

The maximum IQDF drawdown since its inception was -39.83%, which is greater than JHID's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for IQDF and JHID.

Drawdown Indicators

	IQDF	JHID	Difference
Max Drawdown Largest peak-to-trough decline	-39.83%	-12.42%	-27.41%
Max Drawdown (1Y) Largest decline over 1 year	-10.03%	-8.42%	-1.61%
Max Drawdown (3Y) Largest decline over 3 years	-13.92%	-12.42%	-1.50%
Max Drawdown (5Y) Largest decline over 5 years	-29.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.83%	—	—
Current Drawdown Current decline from peak	-2.02%	-0.44%	-1.58%
Average Drawdown Average peak-to-trough decline	-9.27%	-2.43%	-6.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.20%	+0.48%

Volatility

IQDF vs. JHID - Volatility Comparison

FlexShares International Quality Dividend Index Fund (IQDF) has a higher volatility of 5.16% compared to John Hancock International High Dividend ETF (JHID) at 3.19%. This indicates that IQDF'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

	IQDF	JHID	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	3.19%	+1.97%
Volatility (6M) Calculated over the trailing 6-month period	13.93%	11.09%	+2.84%
Volatility (1Y) Calculated over the trailing 1-year period	15.78%	13.03%	+2.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	13.90%	+1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.48%	13.90%	+2.58%

IQDF vs. JHID - Expense Ratio Comparison

IQDF has a 0.47% expense ratio, which is higher than JHID's 0.46% expense ratio.

Dividends

IQDF vs. JHID - Dividend Comparison

IQDF's dividend yield for the trailing twelve months is around 3.03%, less than JHID's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IQDF FlexShares International Quality Dividend Index Fund	3.03%	3.27%	6.72%	6.06%	5.59%	4.13%	3.31%	4.46%	5.78%	3.89%	3.75%	4.27%
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 IQDF and JHID in my portfolio?

With a correlation of 0.92, IQDF 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, IQDF or JHID?

IQDF has higher volatility (5.16%) compared to JHID (3.19%). In terms of maximum drawdown, IQDF dropped -39.83% vs JHID's -12.42%.

Which ETF is better, IQDF or JHID?

On 3-year performance, IQDF leads with 21.23% 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, IQDF or JHID?

Over the 3-year period, IQDF has performed better with a 21.23% return vs 19.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IQDF or JHID?

JHID is cheaper with a 0.46% expense ratio, compared with 0.47% for IQDF.

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

JHID has the higher dividend yield at 3.42%, compared with 3.03% for IQDF.

What is the main difference between IQDF and JHID?

They also come from different issuers: Northern Trust and John Hancock. Their fees differ too: 0.47% for IQDF and 0.46% for JHID.

Which has better risk-adjusted returns?

JHID currently has the higher Sharpe Ratio (2.45 vs 1.94), 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.