JDVI vs. JHDG

Last updated Aug 4, 2026

JDVI (John Hancock Disciplined Value International Select ETF) and JHDG (John Hancock Hedged Equity ETF) are both exchange-traded funds - JDVI is a Foreign Large Cap Equities fund actively managed by John Hancock, while JHDG is a Equity Hedged fund actively managed by John Hancock. Both are actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. JDVI charges 0.69%/yr vs 0.49%/yr for JHDG.

Performance

JDVI vs. JHDG - 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 Hedged Equity ETF (JHDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JDVI

• 1D: -0.24%
• 1M: 0.83%
• 6M: 4.91%
• YTD: 12.05%
• 1Y: 31.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.40%

JHDG

• 1D: 0.50%
• 1M: 3.27%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JDVI John Hancock Disciplined Value International Select ETF	$3.68M	$2.67M	$1.07M
JHDG John Hancock Hedged Equity ETF	$1.24M	$1.09M	$1.12M

JDVI vs. JHDG - Yearly Performance Comparison

	2026 (YTD)
JDVI John Hancock Disciplined Value International Select ETF	7.00%
JHDG John Hancock Hedged Equity ETF	9.98%

Correlation

The correlation between JDVI and JHDG is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.67

JDVI vs. JHDG - Sectors Allocation Comparison

Sectors	JDVI	JHDG
Financial Services	24.5%	9.8%
Healthcare	16.9%	11.2%
Industrials	16.8%	8.3%
Technology	14.3%	31.6%
Basic Materials	14.0%	4.7%
Energy	4.4%	5.6%
Communication Services	3.7%	8.1%
Consumer Defensive	3.5%	6.2%
Consumer Cyclical	1.9%	11.6%
Real Estate	-	2.2%
Utilities	-	0.7%

Return for Risk

JDVI vs. JHDG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JDVI

JDVI Risk / Return Rank: 71
JDVI Sharpe Ratio Rank: 73
JDVI Sortino Ratio Rank: 71
JDVI Omega Ratio Rank: 73
JDVI Calmar Ratio Rank: 67
JDVI Martin Ratio Rank: 70

JHDG

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JDVI vs. JHDG - 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 Hedged Equity ETF (JHDG). 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	JHDG	Difference
Sharpe ratio: Return per unit of total volatility	1.79	—	—
Sortino ratio: Return per unit of downside risk	2.47	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.50	—	—
Martin ratio: Return relative to average drawdown	9.17	—	—

Drawdowns

JDVI vs. JHDG - Drawdown Comparison

The maximum JDVI drawdown since its inception was -14.97%, which is greater than JHDG's maximum drawdown of -3.25%. Use the drawdown chart below to compare losses from any high point for JDVI and JHDG.

Drawdown Indicators

	JDVI	JHDG	Difference
Max Drawdown Largest peak-to-trough decline	-14.97%	-3.25%	-11.72%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	—	—
Current Drawdown Current decline from peak	-0.98%	0.00%	-0.98%
Average Drawdown Average peak-to-trough decline	-2.78%	-0.69%	-2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	—	—

Volatility

Volatility by Period

	JDVI	JHDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.51%	11.68%	+5.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	11.68%	+4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	11.68%	+4.97%

JDVI vs. JHDG - Expense Ratio Comparison

JDVI has a 0.69% expense ratio, which is higher than JHDG's 0.49% expense ratio.

Dividends

JDVI vs. JHDG - Dividend Comparison

JDVI's dividend yield for the trailing twelve months is around 2.17%, more than JHDG's 0.10% yield.

Position	TTM	2025	2024
JDVI John Hancock Disciplined Value International Select ETF	2.17%	2.43%	1.87%
JHDG John Hancock Hedged Equity ETF	0.10%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JDVI and JHDG in my portfolio?

JDVI and JHDG have a correlation of 0.67, 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 JHDG?

On fees, JHDG is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JDVI or JHDG?

JHDG is cheaper with a 0.49% expense ratio, compared with 0.69% for JDVI.

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

JDVI has the higher dividend yield at 2.17%, compared with 0.10% for JHDG.

What is the main difference between JDVI and JHDG?

JDVI is categorized as Foreign Large Cap Equities, while JHDG is Equity Hedged. Their fees differ too: 0.69% for JDVI and 0.49% for JHDG.