JDVI vs. JHMB

Last updated Apr 1, 2026

Compare and contrast key facts about John Hancock Disciplined Value International Select ETF (JDVI) and John Hancock Mortgage Backed Securities ETF (JHMB).

JDVI and JHMB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JDVI is an actively managed fund by John Hancock. It was launched on Dec 19, 2023. JHMB is an actively managed fund by John Hancock. It was launched on Aug 18, 2021.

Performance

JDVI vs. JHMB - 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 Mortgage Backed Securities ETF (JHMB). The values are adjusted to include any dividend payments, if applicable.

JDVI vs. JHMB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JDVI John Hancock Disciplined Value International Select ETF	2.69%	42.97%	0.68%	2.25%
JHMB John Hancock Mortgage Backed Securities ETF	0.15%	7.89%	3.52%	0.46%

Returns By Period

In the year-to-date period, JDVI achieves a 2.69% return, which is significantly higher than JHMB's 0.15% return.

JDVI

• 1D: 3.70%
• 1M: -8.44%
• YTD: 2.69%
• 6M: 9.50%
• 1Y: 33.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JHMB

• 1D: 0.26%
• 1M: -2.05%
• YTD: 0.15%
• 6M: 1.75%
• 1Y: 5.33%
• 3Y*: 5.20%
• 5Y*: —
• 10Y*: —

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

JDVI vs. JHMB - Expense Ratio Comparison

JDVI has a 0.69% expense ratio, which is higher than JHMB's 0.39% expense ratio.

JDVI

John Hancock Disciplined Value International Select ETF

JHMB

John Hancock Mortgage Backed Securities ETF

Return for Risk

JDVI vs. JHMB — Risk / Return Rank

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

JDVI

JDVI Risk / Return Rank: 86
JDVI Sharpe Ratio Rank: 86
JDVI Sortino Ratio Rank: 87
JDVI Omega Ratio Rank: 87
JDVI Calmar Ratio Rank: 85
JDVI Martin Ratio Rank: 84

JHMB

JHMB Risk / Return Rank: 57
JHMB Sharpe Ratio Rank: 64
JHMB Sortino Ratio Rank: 63
JHMB Omega Ratio Rank: 55
JHMB Calmar Ratio Rank: 62
JHMB Martin Ratio Rank: 42

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. JHMB - 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 Mortgage Backed Securities ETF (JHMB). 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	JHMB	Difference
Sharpe ratio Return per unit of total volatility	1.81	1.13	+0.68
Sortino ratio Return per unit of downside risk	2.41	1.63	+0.79
Omega ratio Gain probability vs. loss probability	1.36	1.21	+0.16
Calmar ratio Return relative to maximum drawdown	2.60	1.59	+1.01
Martin ratio Return relative to average drawdown	10.02	4.02	+6.00
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. JHMB - Sharpe Ratio Comparison

The current JDVI Sharpe Ratio is 1.81, which is higher than the JHMB Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of JDVI and JHMB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JDVI	JHMB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	1.13	+0.68
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	0.25	+1.01

Correlation

The correlation between JDVI and JHMB is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JDVI vs. JHMB - Dividend Comparison

JDVI's dividend yield for the trailing twelve months is around 2.36%, less than JHMB's 4.64% yield.

	TTM	2025	2024	2023	2022	2021
JDVI John Hancock Disciplined Value International Select ETF	2.36%	2.43%	1.87%	0.00%	0.00%	0.00%
JHMB John Hancock Mortgage Backed Securities ETF	4.64%	4.48%	4.88%	4.04%	4.17%	0.98%

Drawdowns

JDVI vs. JHMB - Drawdown Comparison

The maximum JDVI drawdown since its inception was -14.97%, roughly equal to the maximum JHMB drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for JDVI and JHMB.

Drawdown Indicators

	JDVI	JHMB	Difference
Max Drawdown Largest peak-to-trough decline	-14.97%	-14.53%	-0.44%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	-3.47%	-9.03%
Current Drawdown Current decline from peak	-8.97%	-2.05%	-6.92%
Average Drawdown Average peak-to-trough decline	-2.77%	-4.94%	+2.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	1.37%	+1.88%

Volatility

JDVI vs. JHMB - Volatility Comparison

John Hancock Disciplined Value International Select ETF (JDVI) has a higher volatility of 8.45% compared to John Hancock Mortgage Backed Securities ETF (JHMB) at 1.57%. This indicates that JDVI's price experiences larger fluctuations and is considered to be riskier than JHMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDVI	JHMB	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.45%	1.57%	+6.88%
Volatility (6M) Calculated over the trailing 6-month period	12.25%	2.67%	+9.58%
Volatility (1Y) Calculated over the trailing 1-year period	18.49%	4.72%	+13.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	5.88%	+10.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.05%	5.88%	+10.17%