JHCB vs. JDVI

Last updated Jun 4, 2026

JHCB (John Hancock Corporate Bond ETF) and JDVI (John Hancock Disciplined Value International Select ETF) are both exchange-traded funds - JHCB is a Corporate Bonds fund actively managed by John Hancock, while JDVI is a Foreign Large Cap Equities fund actively managed by John Hancock. Both are actively managed. Over the past year, JHCB returned 5.68% vs 31.81% for JDVI. At a 0.41 correlation, their price movements are largely independent. JHCB charges 0.29%/yr vs 0.69%/yr for JDVI.

Performance

JHCB vs. JDVI - Performance Comparison

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

Returns By Period

In the year-to-date period, JHCB achieves a 0.37% return, which is significantly lower than JDVI's 12.15% return.

JHCB

• 1D: -0.19%
• 1M: 0.63%
• YTD: 0.37%
• 6M: -0.08%
• 1Y: 5.68%
• 3Y*: 5.68%
• 5Y*: 0.64%
• 10Y*: —

JDVI

• 1D: -0.89%
• 1M: 5.02%
• YTD: 12.15%
• 6M: 15.78%
• 1Y: 31.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JHCB vs. JDVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JHCB John Hancock Corporate Bond ETF	0.37%	8.02%	2.75%	0.43%
JDVI John Hancock Disciplined Value International Select ETF	12.15%	42.97%	0.68%	2.25%

Correlation

The correlation between JHCB and JDVI is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023	0.41

Return for Risk

JHCB vs. JDVI — Risk / Return Rank

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

JHCB

JHCB Risk / Return Rank: 37
JHCB Sharpe Ratio Rank: 37
JHCB Sortino Ratio Rank: 37
JHCB Omega Ratio Rank: 35
JHCB Calmar Ratio Rank: 37
JHCB Martin Ratio Rank: 38

JDVI

JDVI Risk / Return Rank: 56
JDVI Sharpe Ratio Rank: 58
JDVI Sortino Ratio Rank: 56
JDVI Omega Ratio Rank: 57
JDVI Calmar Ratio Rank: 52
JDVI Martin Ratio Rank: 56

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.

JHCB vs. JDVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Corporate Bond ETF (JHCB) and John Hancock Disciplined Value International Select ETF (JDVI). 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.

	JHCB	JDVI	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.95	-0.65
Sortino ratio: Return per unit of downside risk	1.89	2.65	-0.76
Omega ratio: Gain probability vs. loss probability	1.23	1.35	-0.12
Calmar ratio: Return relative to maximum drawdown	1.81	2.56	-0.75
Martin ratio: Return relative to average drawdown	5.94	9.67	-3.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHCB vs. JDVI - Sharpe Ratio Comparison

The current JHCB Sharpe Ratio is 1.30, which is lower than the JDVI Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of JHCB and JDVI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JHCB	JDVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	1.95	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	1.39	-1.24

Drawdowns

JHCB vs. JDVI - Drawdown Comparison

The maximum JHCB drawdown since its inception was -22.61%, which is greater than JDVI's maximum drawdown of -14.97%. Use the drawdown chart below to compare losses from any high point for JHCB and JDVI.

Drawdown Indicators

	JHCB	JDVI	Difference
Max Drawdown Largest peak-to-trough decline	-22.61%	-14.97%	-7.64%
Max Drawdown (1Y) Largest decline over 1 year	-3.16%	-12.50%	+9.34%
Max Drawdown (3Y) Largest decline over 3 years	-6.54%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.61%	—	—
Current Drawdown Current decline from peak	-1.04%	-0.89%	-0.15%
Average Drawdown Average peak-to-trough decline	-8.21%	-2.79%	-5.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	3.30%	-2.34%

Volatility

JHCB vs. JDVI - Volatility Comparison

The current volatility for John Hancock Corporate Bond ETF (JHCB) is 1.42%, while John Hancock Disciplined Value International Select ETF (JDVI) has a volatility of 5.86%. This indicates that JHCB experiences smaller price fluctuations and is considered to be less risky than JDVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHCB	JDVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.42%	5.86%	-4.44%
Volatility (6M) Calculated over the trailing 6-month period	3.25%	13.97%	-10.72%
Volatility (1Y) Calculated over the trailing 1-year period	4.41%	16.37%	-11.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.95%	16.42%	-9.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.88%	16.42%	-9.54%

JHCB vs. JDVI - Expense Ratio Comparison

JHCB has a 0.29% expense ratio, which is lower than JDVI's 0.69% expense ratio.

Dividends

JHCB vs. JDVI - Dividend Comparison

JHCB's dividend yield for the trailing twelve months is around 4.96%, more than JDVI's 2.16% yield.

Position	TTM	2025	2024	2023	2022	2021
JDVI John Hancock Disciplined Value International Select ETF	2.16%	2.43%	1.87%	0.00%	0.00%	0.00%
JHCB John Hancock Corporate Bond ETF	4.96%	4.92%	5.02%	4.35%	3.86%	2.41%

Frequently Asked Questions

Can I hold both JHCB and JDVI in my portfolio?

JHCB and JDVI have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHCB or JDVI?

JDVI has higher volatility (5.86%) compared to JHCB (1.42%). In terms of maximum drawdown, JHCB dropped -22.61% vs JDVI's -14.97%.

Which ETF is better, JHCB or JDVI?

On 1-year performance, JDVI leads with 31.81% vs 5.68% for JHCB. On fees, JHCB is cheaper at 0.29% per year. On volatility, JHCB has been the lower-risk option at 1.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JHCB or JDVI?

Over the 1-year period, JDVI has performed better with a 31.81% return vs 5.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JHCB or JDVI?

JHCB is cheaper with a 0.29% expense ratio, compared with 0.69% for JDVI.

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

JHCB has the higher dividend yield at 4.96%, compared with 2.16% for JDVI.

What is the main difference between JHCB and JDVI?

JHCB is categorized as Corporate Bonds, while JDVI is Foreign Large Cap Equities. Their fees differ too: 0.29% for JHCB and 0.69% for JDVI.

Which has better risk-adjusted returns?

JDVI currently has the higher Sharpe Ratio (1.95 vs 1.30), 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.