JDVI vs. MCSE

Last updated Aug 4, 2026

JDVI (John Hancock Disciplined Value International Select ETF) and MCSE (Franklin Sustainable International Equity ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, JDVI returned 31.15% vs 4.30% for MCSE. Their 0.61 correlation means they have sometimes moved together and sometimes differently. JDVI charges 0.69%/yr vs 0.59%/yr for MCSE.

Performance

JDVI vs. MCSE - Performance Comparison

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

Returns By Period

In the year-to-date period, JDVI achieves a 12.05% return, which is significantly higher than MCSE's 1.12% return.

JDVI

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

MCSE

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 1.12%
• 1Y: 4.30%
• 3Y*: 0.74%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.06%

*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
MCSE Franklin Sustainable International Equity ETF	$0.00	$0.00	$0.00

JDVI vs. MCSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JDVI John Hancock Disciplined Value International Select ETF	12.05%	42.97%	0.68%	0.84%
MCSE Franklin Sustainable International Equity ETF	1.12%	7.79%	-9.46%	0.56%

Correlation

The correlation between JDVI and MCSE is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.41
Correlation (All Time) Calculated using the full available price history since Dec 20, 2023	0.61

Over the past year, the correlation between JDVI and MCSE has dropped to 0.41 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

JDVI vs. MCSE - Sectors Allocation Comparison

Sectors	JDVI	MCSE
Financial Services	24.5%	2.1%
Healthcare	16.9%	20.1%
Industrials	16.8%	18.1%
Technology	14.3%	31.1%
Basic Materials	14.0%	5.1%
Energy	4.4%	-
Communication Services	3.7%	4.7%
Consumer Defensive	3.5%	5.0%
Consumer Cyclical	1.9%	13.8%
Real Estate	-	-
Utilities	-	-

Return for Risk

JDVI vs. MCSE — 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

MCSE

MCSE Risk / Return Rank: 20
MCSE Sharpe Ratio Rank: 20
MCSE Sortino Ratio Rank: 19
MCSE Omega Ratio Rank: 24
MCSE Calmar Ratio Rank: 18
MCSE Martin Ratio Rank: 18

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. MCSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value International Select ETF (JDVI) and Franklin Sustainable International Equity ETF (MCSE). 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	MCSE	Difference
Sharpe ratio: Return per unit of total volatility	1.79	0.46	+1.33
Sortino ratio: Return per unit of downside risk	2.47	0.70	+1.77
Omega ratio: Gain probability vs. loss probability	1.33	1.12	+0.20
Calmar ratio: Return relative to maximum drawdown	2.50	0.45	+2.05
Martin ratio: Return relative to average drawdown	9.17	1.13	+8.04

JDVI vs. MCSE - Sharpe Ratio Comparison

The current JDVI Sharpe Ratio is 1.79, which is higher than the MCSE Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of JDVI and MCSE, 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

JDVI vs. MCSE - Drawdown Comparison

The maximum JDVI drawdown since its inception was -14.97%, smaller than the maximum MCSE drawdown of -26.36%. Use the drawdown chart below to compare losses from any high point for JDVI and MCSE.

Drawdown Indicators

	JDVI	MCSE	Difference
Max Drawdown Largest peak-to-trough decline	-14.97%	-26.36%	+11.39%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	-10.42%	-2.08%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.36%	—
Current Drawdown Current decline from peak	-0.98%	-10.51%	+9.53%
Average Drawdown Average peak-to-trough decline	-2.78%	-8.80%	+6.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	4.37%	-0.96%

Volatility

JDVI vs. MCSE - Volatility Comparison

John Hancock Disciplined Value International Select ETF (JDVI) has a higher volatility of 5.45% compared to Franklin Sustainable International Equity ETF (MCSE) at 0.00%. This indicates that JDVI's price experiences larger fluctuations and is considered to be riskier than MCSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDVI	MCSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	0.00%	+5.45%
Volatility (6M) Calculated over the trailing 6-month period	15.21%	1.87%	+13.34%
Volatility (1Y) Calculated over the trailing 1-year period	17.51%	10.29%	+7.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	19.07%	-2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	19.07%	-2.42%

JDVI vs. MCSE - Expense Ratio Comparison

JDVI has a 0.69% expense ratio, which is higher than MCSE's 0.59% expense ratio.

Dividends

JDVI vs. MCSE - Dividend Comparison

JDVI's dividend yield for the trailing twelve months is around 2.17%, less than MCSE's 3.74% yield.

Position	TTM	2025	2024	2023	2022
JDVI John Hancock Disciplined Value International Select ETF	2.17%	2.43%	1.87%	0.00%	0.00%
MCSE Franklin Sustainable International Equity ETF	3.74%	3.78%	0.63%	0.57%	0.48%

Frequently Asked Questions

Can I hold both JDVI and MCSE in my portfolio?

JDVI and MCSE have a correlation of 0.41, 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 MCSE?

JDVI has higher volatility (5.45%) compared to MCSE (0.00%). In terms of maximum drawdown, JDVI dropped -14.97% vs MCSE's -26.36%.

Which ETF is better, JDVI or MCSE?

On 1-year performance, JDVI leads with 31.15% vs 4.30% for MCSE. On fees, MCSE is cheaper at 0.59% per year. On volatility, MCSE has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDVI or MCSE?

Over the 1-year period, JDVI has performed better with a 31.15% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDVI or MCSE?

MCSE is cheaper with a 0.59% expense ratio, compared with 0.69% for JDVI.

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

MCSE has the higher dividend yield at 3.74%, compared with 2.17% for JDVI.

What is the main difference between JDVI and MCSE?

They also come from different issuers: John Hancock and Franklin. Their fees differ too: 0.69% for JDVI and 0.59% for MCSE.

Which has better risk-adjusted returns?

JDVI currently has the higher Sharpe Ratio (1.79 vs 0.46), 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.