IWP vs. JHMM
Compare and contrast key facts about iShares Russell Mid-Cap Growth ETF (IWP) and John Hancock Multifactor Mid Cap ETF (JHMM).
IWP and JHMM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWP is a passively managed fund by iShares that tracks the performance of the Russell Midcap Growth Index. It was launched on Jul 17, 2001. JHMM is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Mid Cap Index. It was launched on Sep 28, 2015. Both IWP and JHMM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IWP vs. JHMM - Performance Comparison
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IWP vs. JHMM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWP iShares Russell Mid-Cap Growth ETF | -5.91% | 8.45% | 21.86% | 25.70% | -26.90% | 12.60% | 35.25% | 35.04% | -4.89% | 24.93% |
JHMM John Hancock Multifactor Mid Cap ETF | 3.12% | 10.73% | 14.61% | 14.53% | -15.30% | 24.54% | 16.22% | 30.01% | -9.57% | 19.96% |
Returns By Period
In the year-to-date period, IWP achieves a -5.91% return, which is significantly lower than JHMM's 3.12% return. Both investments have delivered pretty close results over the past 10 years, with IWP having a 11.47% annualized return and JHMM not far behind at 11.17%.
IWP
- 1D
- 0.52%
- 1M
- -5.80%
- YTD
- -5.91%
- 6M
- -9.13%
- 1Y
- 9.02%
- 3Y*
- 12.74%
- 5Y*
- 4.89%
- 10Y*
- 11.47%
JHMM
- 1D
- 0.60%
- 1M
- -5.20%
- YTD
- 3.12%
- 6M
- 4.94%
- 1Y
- 18.73%
- 3Y*
- 13.36%
- 5Y*
- 7.39%
- 10Y*
- 11.17%
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IWP vs. JHMM - Expense Ratio Comparison
IWP has a 0.23% expense ratio, which is lower than JHMM's 0.42% expense ratio.
Return for Risk
IWP vs. JHMM — Risk / Return Rank
IWP
JHMM
IWP vs. JHMM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Growth ETF (IWP) and John Hancock Multifactor Mid Cap ETF (JHMM). 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.
| IWP | JHMM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.39 | 0.96 | -0.57 |
Sortino ratioReturn per unit of downside risk | 0.73 | 1.46 | -0.73 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.20 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.68 | 1.40 | -0.73 |
Martin ratioReturn relative to average drawdown | 2.10 | 6.22 | -4.12 |
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
| IWP | JHMM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | 0.96 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.41 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.57 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.59 | -0.18 |
Correlation
The correlation between IWP and JHMM is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
IWP vs. JHMM - Dividend Comparison
IWP's dividend yield for the trailing twelve months is around 0.36%, less than JHMM's 0.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWP iShares Russell Mid-Cap Growth ETF | 0.36% | 0.37% | 0.40% | 0.54% | 0.77% | 0.30% | 0.38% | 0.59% | 1.02% | 0.78% | 1.16% | 0.98% |
JHMM John Hancock Multifactor Mid Cap ETF | 0.95% | 0.98% | 1.01% | 1.17% | 1.16% | 0.72% | 1.04% | 1.02% | 1.36% | 0.90% | 1.15% | 0.33% |
Drawdowns
IWP vs. JHMM - Drawdown Comparison
The maximum IWP drawdown since its inception was -56.92%, which is greater than JHMM's maximum drawdown of -40.71%. Use the drawdown chart below to compare losses from any high point for IWP and JHMM.
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Drawdown Indicators
| IWP | JHMM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.92% | -40.71% | -16.21% |
Max Drawdown (1Y)Largest decline over 1 year | -14.79% | -13.57% | -1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -38.62% | -24.10% | -14.52% |
Max Drawdown (10Y)Largest decline over 10 years | -38.62% | -40.71% | +2.09% |
Current DrawdownCurrent decline from peak | -11.22% | -5.58% | -5.64% |
Average DrawdownAverage peak-to-trough decline | -9.71% | -5.50% | -4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 3.06% | +1.70% |
Volatility
IWP vs. JHMM - Volatility Comparison
iShares Russell Mid-Cap Growth ETF (IWP) has a higher volatility of 7.02% compared to John Hancock Multifactor Mid Cap ETF (JHMM) at 5.75%. This indicates that IWP's price experiences larger fluctuations and is considered to be riskier than JHMM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWP | JHMM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.02% | 5.75% | +1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 13.18% | 10.93% | +2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.08% | 19.52% | +3.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.34% | 18.30% | +4.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.63% | 19.57% | +2.06% |