JDIV vs. HDV

Last updated Jun 24, 2026

JDIV (JPMorgan Dividend Leaders ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - JDIV is a Global Equities fund actively managed by JPMorgan, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. JDIV is actively managed, while HDV is passively managed. Over the past year, JDIV returned 12.26% vs 21.06% for HDV. At a 0.42 correlation, their price movements are largely independent. JDIV charges 0.47%/yr vs 0.08%/yr for HDV.

Performance

JDIV vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Dividend Leaders ETF (JDIV) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDIV achieves a 3.84% return, which is significantly lower than HDV's 14.07% return.

JDIV

• 1D: -2.28%
• 1M: -0.99%
• YTD: 3.84%
• 6M: 3.70%
• 1Y: 12.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HDV

• 1D: 1.33%
• 1M: -1.35%
• YTD: 14.07%
• 6M: 14.08%
• 1Y: 21.06%
• 3Y*: 15.48%
• 5Y*: 11.09%
• 10Y*: 9.45%

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

JDIV vs. HDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JDIV JPMorgan Dividend Leaders ETF	3.84%	18.98%	-5.07%
HDV iShares Core High Dividend ETF	14.07%	11.90%	-2.57%

Correlation

The correlation between JDIV and HDV is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since Sep 26, 2024	0.42

JDIV vs. HDV - Sectors Allocation Comparison

Sectors	JDIV	HDV
Technology	23.9%	0.2%
Financial Services	16.0%	4.7%
Healthcare	10.2%	22.6%
Consumer Cyclical	7.7%	9.2%
Industrials	7.1%	3.5%
Communication Services	6.5%	5.7%
Energy	4.1%	20.2%
Utilities	3.4%	8.1%
Basic Materials	1.7%	0.8%
Consumer Defensive	1.5%	24.5%
Real Estate	1.3%	-

Return for Risk

JDIV vs. HDV — Risk / Return Rank

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

JDIV

JDIV Risk / Return Rank: 30
JDIV Sharpe Ratio Rank: 30
JDIV Sortino Ratio Rank: 28
JDIV Omega Ratio Rank: 29
JDIV Calmar Ratio Rank: 29
JDIV Martin Ratio Rank: 36

HDV

HDV Risk / Return Rank: 70
HDV Sharpe Ratio Rank: 68
HDV Sortino Ratio Rank: 73
HDV Omega Ratio Rank: 62
HDV Calmar Ratio Rank: 81
HDV Martin Ratio Rank: 64

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.

JDIV vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Dividend Leaders ETF (JDIV) and iShares Core High Dividend ETF (HDV). 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.

	JDIV	HDV	Difference
Sharpe ratio: Return per unit of total volatility	1.00	2.13	-1.13
Sortino ratio: Return per unit of downside risk	1.45	3.13	-1.67
Omega ratio: Gain probability vs. loss probability	1.19	1.36	-0.18
Calmar ratio: Return relative to maximum drawdown	1.33	4.09	-2.76
Martin ratio: Return relative to average drawdown	5.20	11.19	-5.99

JDIV vs. HDV - Sharpe Ratio Comparison

The current JDIV Sharpe Ratio is 1.00, which is lower than the HDV Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of JDIV and HDV, 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

JDIV vs. HDV - Drawdown Comparison

The maximum JDIV drawdown since its inception was -13.34%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for JDIV and HDV.

Drawdown Indicators

	JDIV	HDV	Difference
Max Drawdown Largest peak-to-trough decline	-13.34%	-37.04%	+23.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-5.18%	-4.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.04%	—
Current Drawdown Current decline from peak	-2.64%	-1.35%	-1.29%
Average Drawdown Average peak-to-trough decline	-1.99%	-3.08%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	1.89%	+0.47%

Volatility

JDIV vs. HDV - Volatility Comparison

JPMorgan Dividend Leaders ETF (JDIV) has a higher volatility of 4.76% compared to iShares Core High Dividend ETF (HDV) at 3.64%. This indicates that JDIV's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDIV	HDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	3.64%	+1.12%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	7.61%	+2.67%
Volatility (1Y) Calculated over the trailing 1-year period	12.35%	9.93%	+2.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.28%	12.81%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.28%	15.73%	-1.45%

JDIV vs. HDV - Expense Ratio Comparison

JDIV has a 0.47% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

JDIV vs. HDV - Dividend Comparison

JDIV's dividend yield for the trailing twelve months is around 2.11%, less than HDV's 2.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDV iShares Core High Dividend ETF	2.90%	3.22%	3.67%	3.82%	3.56%	3.47%	4.07%	3.27%	3.67%	3.27%	3.28%	3.92%
JDIV JPMorgan Dividend Leaders ETF	2.11%	2.15%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JDIV and HDV in my portfolio?

JDIV and HDV have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDIV or HDV?

JDIV has higher volatility (4.76%) compared to HDV (3.64%). In terms of maximum drawdown, JDIV dropped -13.34% vs HDV's -37.04%.

Which ETF is better, JDIV or HDV?

On 1-year performance, HDV leads with 21.06% vs 12.26% for JDIV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDIV or HDV?

Over the 1-year period, HDV has performed better with a 21.06% return vs 12.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDIV or HDV?

HDV is cheaper with a 0.08% expense ratio, compared with 0.47% for JDIV.

Which ETF pays a higher dividend yield, JDIV or HDV?

HDV has the higher dividend yield at 2.90%, compared with 2.11% for JDIV.

What is the main difference between JDIV and HDV?

JDIV is categorized as Global Equities, while HDV is Dividend. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.47% for JDIV and 0.08% for HDV.

Which has better risk-adjusted returns?

HDV currently has the higher Sharpe Ratio (2.13 vs 1.00), 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.