JDVL vs. GCOW

Last updated Jun 6, 2026

JDVL (John Hancock Disciplined Value Select ETF) and GCOW (Pacer Global Cash Cows Dividend ETF) are both Large Cap Value Equities funds. JDVL is actively managed, while GCOW is passively managed. At a 0.41 correlation, their price movements are largely independent. JDVL charges 0.56%/yr vs 0.60%/yr for GCOW.

Performance

JDVL vs. GCOW - Performance Comparison

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

Returns By Period

In the year-to-date period, JDVL achieves a 12.39% return, which is significantly higher than GCOW's 11.22% return.

JDVL

• 1D: -3.31%
• 1M: 1.71%
• YTD: 12.39%
• 6M: 13.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GCOW

• 1D: -0.92%
• 1M: -1.46%
• YTD: 11.22%
• 6M: 12.99%
• 1Y: 25.95%
• 3Y*: 16.97%
• 5Y*: 12.15%
• 10Y*: 9.64%

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

JDVL vs. GCOW - Yearly Performance Comparison

	2026 (YTD)	2025
JDVL John Hancock Disciplined Value Select ETF	12.39%	10.04%
GCOW Pacer Global Cash Cows Dividend ETF	11.22%	10.08%

Correlation

The correlation between JDVL and GCOW is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 7, 2025	0.41

Return for Risk

JDVL vs. GCOW — Risk / Return Rank

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

GCOW

GCOW Risk / Return Rank: 79
GCOW Sharpe Ratio Rank: 76
GCOW Sortino Ratio Rank: 80
GCOW Omega Ratio Rank: 72
GCOW Calmar Ratio Rank: 90
GCOW Martin Ratio Rank: 76

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.

JDVL vs. GCOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value Select ETF (JDVL) and Pacer Global Cash Cows Dividend ETF (GCOW). 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.

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

Sharpe Ratios by Period

	JDVL	GCOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.09	0.58	+1.51

Drawdowns

JDVL vs. GCOW - Drawdown Comparison

The maximum JDVL drawdown since its inception was -9.17%, smaller than the maximum GCOW drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for JDVL and GCOW.

Drawdown Indicators

	JDVL	GCOW	Difference
Max Drawdown Largest peak-to-trough decline	-9.17%	-37.64%	+28.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.77%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.64%	—
Current Drawdown Current decline from peak	-3.31%	-3.57%	+0.26%
Average Drawdown Average peak-to-trough decline	-1.30%	-5.84%	+4.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.83%	—

Volatility

Volatility by Period

	JDVL	GCOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.97%	10.84%	+3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	13.49%	+0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.97%	16.20%	-2.23%

JDVL vs. GCOW - Expense Ratio Comparison

JDVL has a 0.56% expense ratio, which is lower than GCOW's 0.60% expense ratio.

Dividends

JDVL vs. GCOW - Dividend Comparison

JDVL's dividend yield for the trailing twelve months is around 1.52%, less than GCOW's 4.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GCOW Pacer Global Cash Cows Dividend ETF	4.73%	4.06%	5.14%	5.28%	4.39%	4.23%	4.12%	4.40%	3.94%	2.79%	1.95%
JDVL John Hancock Disciplined Value Select ETF	1.52%	1.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JDVL and GCOW in my portfolio?

JDVL and GCOW 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 ETF is better, JDVL or GCOW?

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, JDVL or GCOW?

JDVL is cheaper with a 0.56% expense ratio, compared with 0.60% for GCOW.

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

GCOW has the higher dividend yield at 4.73%, compared with 1.52% for JDVL.

What is the main difference between JDVL and GCOW?

They also come from different issuers: John Hancock and Pacer. Their fees differ too: 0.56% for JDVL and 0.60% for GCOW.