JDVL vs. JHMB
JDVL (John Hancock Disciplined Value Select ETF) and JHMB (John Hancock Mortgage Backed Securities ETF) are both exchange-traded funds - JDVL is a Large Cap Value Equities fund actively managed by John Hancock, while JHMB is a Intermediate Core-Plus Bond fund actively managed by John Hancock. Both are actively managed. Over the past year, JDVL returned 31.33% vs 3.70% for JHMB. Their 0.30 correlation means their historical movements had little consistent relationship. JDVL charges 0.56%/yr vs 0.39%/yr for JHMB.
Performance
JDVL vs. JHMB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JDVL achieves a 19.35% return, which is significantly higher than JHMB's 0.43% return.
JDVL
- 1D
- 0.31%
- 1M
- 1.50%
- 6M
- 12.32%
- YTD
- 19.35%
- 1Y
- 31.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
JHMB
- 1D
- -0.07%
- 1M
- -0.57%
- 6M
- 0.23%
- YTD
- 0.43%
- 1Y
- 3.70%
- 3Y*
- 5.31%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.18M | $3.04M | $2.37M | |
| $557.84K | $675.45K | $839.41K |
JDVL vs. JHMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JDVL John Hancock Disciplined Value Select ETF | 19.35% | 10.04% |
JHMB John Hancock Mortgage Backed Securities ETF | 0.43% | 3.26% |
Correlation
The correlation between JDVL and JHMB is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JDVL vs. JHMB — Risk / Return Rank
JDVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JHMB
JDVL vs. JHMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value Select ETF (JDVL) 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.
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.
| JDVL | JHMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.24 | — |
| Martin ratioReturn relative to average drawdown | — | 3.02 | — |
Loading charts...
Drawdowns
JDVL vs. JHMB - Drawdown Comparison
The maximum JDVL drawdown since its inception was -9.17%, smaller than the maximum JHMB drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for JDVL and JHMB.
Loading charts...
Drawdown Indicators
| JDVL | JHMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.17% | -14.53% | +5.36% |
Max Drawdown (1Y)Largest decline over 1 year | -9.17% | -3.01% | -6.16% |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.42% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.78% | +1.78% |
Average DrawdownAverage peak-to-trough decline | -1.23% | -4.71% | +3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.23% | — |
Volatility
JDVL vs. JHMB - Volatility Comparison
Loading charts...
Volatility by Period
| JDVL | JHMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.92% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.11% | 3.77% | +10.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 5.75% | +8.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.11% | 5.75% | +8.36% |
JDVL vs. JHMB - Expense Ratio Comparison
JDVL has a 0.56% expense ratio, which is higher than JHMB's 0.39% expense ratio.
Dividends
JDVL vs. JHMB - Dividend Comparison
JDVL's dividend yield for the trailing twelve months is around 1.43%, less than JHMB's 4.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JDVL John Hancock Disciplined Value Select ETF | 1.43% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% |
JHMB John Hancock Mortgage Backed Securities ETF | 4.83% | 4.48% | 4.88% | 4.04% | 4.17% | 0.98% |
Frequently Asked Questions
JDVL and JHMB have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, JDVL leads with 31.33% vs 3.70% for JHMB. On fees, JHMB is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JDVL has performed better with a 31.33% return vs 3.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JHMB is cheaper with a 0.39% expense ratio, compared with 0.56% for JDVL.
JHMB has the higher dividend yield at 4.83%, compared with 1.43% for JDVL.
JDVL is categorized as Large Cap Value Equities, while JHMB is Intermediate Core-Plus Bond. Their fees differ too: 0.56% for JDVL and 0.39% for JHMB.
Find the right allocation for JDVL and JHMB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer