JDVI vs. JDVL

Last updated Jun 23, 2026

JDVI (John Hancock Disciplined Value International Select ETF) and JDVL (John Hancock Disciplined Value Select ETF) are both exchange-traded funds - JDVI is a Foreign Large Cap Equities fund actively managed by John Hancock, while JDVL is a Large Cap Value Equities fund actively managed by John Hancock. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. JDVI charges 0.69%/yr vs 0.56%/yr for JDVL.

Performance

JDVI vs. JDVL - Performance Comparison

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

Returns By Period

In the year-to-date period, JDVI achieves a 10.84% return, which is significantly lower than JDVL's 17.66% return.

JDVI

• 1D: -0.31%
• 1M: 0.29%
• YTD: 10.84%
• 6M: 11.64%
• 1Y: 29.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JDVL

• 1D: 0.77%
• 1M: 6.35%
• YTD: 17.66%
• 6M: 16.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JDVI vs. JDVL - Yearly Performance Comparison

	2026 (YTD)	2025
JDVI John Hancock Disciplined Value International Select ETF	10.84%	15.23%
JDVL John Hancock Disciplined Value Select ETF	17.66%	10.04%

Correlation

The correlation between JDVI and JDVL is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025	0.74

Return for Risk

JDVI vs. JDVL — Risk / Return Rank

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

JDVI

JDVI Risk / Return Rank: 51
JDVI Sharpe Ratio Rank: 52
JDVI Sortino Ratio Rank: 50
JDVI Omega Ratio Rank: 51
JDVI Calmar Ratio Rank: 49
JDVI Martin Ratio Rank: 52

JDVL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. JDVL - Risk-Adjusted Trends Comparison

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

	JDVI	JDVL	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.37	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.35	—	—
Martin ratio: Return relative to average drawdown	8.77	—	—

Drawdowns

JDVI vs. JDVL - Drawdown Comparison

The maximum JDVI drawdown since its inception was -14.97%, which is greater than JDVL's maximum drawdown of -9.17%. Use the drawdown chart below to compare losses from any high point for JDVI and JDVL.

Drawdown Indicators

	JDVI	JDVL	Difference
Max Drawdown Largest peak-to-trough decline	-14.97%	-9.17%	-5.80%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	—	—
Current Drawdown Current decline from peak	-2.06%	0.00%	-2.06%
Average Drawdown Average peak-to-trough decline	-2.78%	-1.29%	-1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	—	—

Volatility

Volatility by Period

	JDVI	JDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	14.28%	+2.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.58%	14.28%	+2.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.58%	14.28%	+2.30%

JDVI vs. JDVL - Expense Ratio Comparison

JDVI has a 0.69% expense ratio, which is higher than JDVL's 0.56% expense ratio.

Dividends

JDVI vs. JDVL - Dividend Comparison

JDVI's dividend yield for the trailing twelve months is around 2.19%, more than JDVL's 1.45% yield.

Position	TTM	2025	2024
JDVI John Hancock Disciplined Value International Select ETF	2.19%	2.43%	1.87%
JDVL John Hancock Disciplined Value Select ETF	1.45%	1.71%	0.00%

Frequently Asked Questions

Can I hold both JDVI and JDVL in my portfolio?

JDVI and JDVL have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JDVI or JDVL?

On fees, JDVL is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JDVI or JDVL?

JDVL is cheaper with a 0.56% expense ratio, compared with 0.69% for JDVI.

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

JDVI has the higher dividend yield at 2.19%, compared with 1.45% for JDVL.

What is the main difference between JDVI and JDVL?

JDVI is categorized as Foreign Large Cap Equities, while JDVL is Large Cap Value Equities. Their fees differ too: 0.69% for JDVI and 0.56% for JDVL.