JDVI vs. DWMF

Last updated Jun 5, 2026

JDVI (John Hancock Disciplined Value International Select ETF) and DWMF (WisdomTree International Multifactor Fund) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, JDVI returned 31.39% vs 8.52% for DWMF. A 0.80 correlation means they provide meaningful diversification when combined. JDVI charges 0.69%/yr vs 0.38%/yr for DWMF.

Performance

JDVI vs. DWMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Disciplined Value International Select ETF (JDVI) and WisdomTree International Multifactor Fund (DWMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDVI achieves a 13.16% return, which is significantly higher than DWMF's 2.74% return.

JDVI

• 1D: 0.90%
• 1M: 4.18%
• YTD: 13.16%
• 6M: 16.49%
• 1Y: 31.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DWMF

• 1D: 0.83%
• 1M: -1.05%
• YTD: 2.74%
• 6M: 4.10%
• 1Y: 8.52%
• 3Y*: 13.55%
• 5Y*: 8.32%
• 10Y*: —

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

JDVI vs. DWMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JDVI John Hancock Disciplined Value International Select ETF	13.16%	42.97%	0.68%	2.25%
DWMF WisdomTree International Multifactor Fund	2.74%	24.42%	10.22%	1.64%

Correlation

The correlation between JDVI and DWMF is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023	0.80

The correlation between JDVI and DWMF has been stable across timeframes, ranging from 0.77 to 0.80 - a consistent structural relationship.

JDVI vs. DWMF - Sectors Allocation Comparison

Sectors	JDVI	DWMF
Financial Services	22.3%	20.0%
Basic Materials	19.4%	3.7%
Industrials	16.8%	18.9%
Healthcare	15.6%	9.0%
Technology	11.1%	4.0%
Communication Services	5.8%	9.5%
Energy	3.6%	2.0%
Consumer Defensive	3.4%	11.5%
Consumer Cyclical	2.0%	5.5%
Real Estate	-	6.7%
Utilities	-	9.2%

Return for Risk

JDVI vs. DWMF — Risk / Return Rank

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

JDVI

JDVI Risk / Return Rank: 55
JDVI Sharpe Ratio Rank: 58
JDVI Sortino Ratio Rank: 56
JDVI Omega Ratio Rank: 56
JDVI Calmar Ratio Rank: 52
JDVI Martin Ratio Rank: 55

DWMF

DWMF Risk / Return Rank: 22
DWMF Sharpe Ratio Rank: 23
DWMF Sortino Ratio Rank: 22
DWMF Omega Ratio Rank: 22
DWMF Calmar Ratio Rank: 22
DWMF Martin Ratio Rank: 23

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.

JDVI vs. DWMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value International Select ETF (JDVI) and WisdomTree International Multifactor Fund (DWMF). 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.

	JDVI	DWMF	Difference
Sharpe ratio: Return per unit of total volatility	1.93	0.78	+1.15
Sortino ratio: Return per unit of downside risk	2.62	1.15	+1.47
Omega ratio: Gain probability vs. loss probability	1.34	1.14	+0.20
Calmar ratio: Return relative to maximum drawdown	2.52	0.98	+1.54
Martin ratio: Return relative to average drawdown	9.54	2.85	+6.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JDVI vs. DWMF - Sharpe Ratio Comparison

The current JDVI Sharpe Ratio is 1.93, which is higher than the DWMF Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of JDVI and DWMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JDVI	DWMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	0.78	+1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	0.51	+0.91

Drawdowns

JDVI vs. DWMF - Drawdown Comparison

The maximum JDVI drawdown since its inception was -14.97%, smaller than the maximum DWMF drawdown of -29.72%. Use the drawdown chart below to compare losses from any high point for JDVI and DWMF.

Drawdown Indicators

	JDVI	DWMF	Difference
Max Drawdown Largest peak-to-trough decline	-14.97%	-29.72%	+14.75%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	-8.74%	-3.76%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.00%	—
Current Drawdown Current decline from peak	-0.00%	-6.33%	+6.33%
Average Drawdown Average peak-to-trough decline	-2.79%	-3.90%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	3.00%	+0.30%

Volatility

JDVI vs. DWMF - Volatility Comparison

John Hancock Disciplined Value International Select ETF (JDVI) has a higher volatility of 5.70% compared to WisdomTree International Multifactor Fund (DWMF) at 3.33%. This indicates that JDVI's price experiences larger fluctuations and is considered to be riskier than DWMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDVI	DWMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	3.33%	+2.37%
Volatility (6M) Calculated over the trailing 6-month period	13.99%	8.77%	+5.22%
Volatility (1Y) Calculated over the trailing 1-year period	16.39%	11.02%	+5.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.41%	11.23%	+5.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.41%	14.11%	+2.30%

JDVI vs. DWMF - Expense Ratio Comparison

JDVI has a 0.69% expense ratio, which is higher than DWMF's 0.38% expense ratio.

Dividends

JDVI vs. DWMF - Dividend Comparison

JDVI's dividend yield for the trailing twelve months is around 2.14%, less than DWMF's 2.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DWMF WisdomTree International Multifactor Fund	2.90%	2.80%	3.50%	4.01%	3.41%	3.54%	2.06%	2.77%	1.15%
JDVI John Hancock Disciplined Value International Select ETF	2.14%	2.43%	1.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JDVI and DWMF in my portfolio?

JDVI and DWMF have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDVI or DWMF?

JDVI has higher volatility (5.70%) compared to DWMF (3.33%). In terms of maximum drawdown, JDVI dropped -14.97% vs DWMF's -29.72%.

Which ETF is better, JDVI or DWMF?

On 1-year performance, JDVI leads with 31.39% vs 8.52% for DWMF. On fees, DWMF is cheaper at 0.38% per year. On volatility, DWMF has been the lower-risk option at 3.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDVI or DWMF?

Over the 1-year period, JDVI has performed better with a 31.39% return vs 8.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDVI or DWMF?

DWMF is cheaper with a 0.38% expense ratio, compared with 0.69% for JDVI.

Which ETF pays a higher dividend yield, JDVI or DWMF?

DWMF has the higher dividend yield at 2.90%, compared with 2.14% for JDVI.

What is the main difference between JDVI and DWMF?

They also come from different issuers: John Hancock and WisdomTree. Their fees differ too: 0.69% for JDVI and 0.38% for DWMF.

Which has better risk-adjusted returns?

JDVI currently has the higher Sharpe Ratio (1.93 vs 0.78), 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.