JHCP vs. JDVL

Last updated Jun 25, 2026

JHCP (John Hancock Core Plus Bond ETF) and JDVL (John Hancock Disciplined Value Select ETF) are both exchange-traded funds - JHCP is a Intermediate Core-Plus Bond fund actively managed by John Hancock, while JDVL is a Large Cap Value Equities fund actively managed by John Hancock. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. JHCP charges 0.36%/yr vs 0.56%/yr for JDVL.

Performance

JHCP vs. JDVL - Performance Comparison

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

Returns By Period

In the year-to-date period, JHCP achieves a 1.04% return, which is significantly lower than JDVL's 15.73% return.

JHCP

• 1D: 0.42%
• 1M: 1.17%
• YTD: 1.04%
• 6M: 0.93%
• 1Y: 5.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JDVL

• 1D: 0.26%
• 1M: 4.60%
• YTD: 15.73%
• 6M: 13.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JHCP vs. JDVL - Yearly Performance Comparison

	2026 (YTD)	2025
JHCP John Hancock Core Plus Bond ETF	1.04%	2.63%
JDVL John Hancock Disciplined Value Select ETF	15.73%	10.04%

Correlation

The correlation between JHCP and JDVL is 0.29, 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 6, 2025	0.29

Return for Risk

JHCP vs. JDVL — Risk / Return Rank

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

JHCP

JHCP Risk / Return Rank: 38
JHCP Sharpe Ratio Rank: 39
JHCP Sortino Ratio Rank: 40
JHCP Omega Ratio Rank: 34
JHCP Calmar Ratio Rank: 42
JHCP Martin Ratio Rank: 37

JDVL

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

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.

JHCP vs. JDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Core Plus Bond ETF (JHCP) and John Hancock Disciplined Value Select ETF (JDVL). 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.

	JHCP	JDVL	Difference
Sharpe ratio: Return per unit of total volatility	1.25	—	—
Sortino ratio: Return per unit of downside risk	1.84	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.87	—	—
Martin ratio: Return relative to average drawdown	5.09	—	—

Drawdowns

JHCP vs. JDVL - Drawdown Comparison

The maximum JHCP drawdown since its inception was -3.06%, smaller than the maximum JDVL drawdown of -9.17%. Use the drawdown chart below to compare losses from any high point for JHCP and JDVL.

Drawdown Indicators

	JHCP	JDVL	Difference
Max Drawdown Largest peak-to-trough decline	-3.06%	-9.17%	+6.11%
Max Drawdown (1Y) Largest decline over 1 year	-2.82%	—	—
Current Drawdown Current decline from peak	-0.88%	-1.64%	+0.76%
Average Drawdown Average peak-to-trough decline	-0.88%	-1.30%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	—	—

Volatility

Volatility by Period

	JHCP	JDVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.26%	14.38%	-10.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.85%	14.38%	-9.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.85%	14.38%	-9.53%

JHCP vs. JDVL - Expense Ratio Comparison

JHCP has a 0.36% expense ratio, which is lower than JDVL's 0.56% expense ratio.

Dividends

JHCP vs. JDVL - Dividend Comparison

JHCP's dividend yield for the trailing twelve months is around 4.62%, more than JDVL's 1.48% yield.

Position	TTM	2025	2024
JDVL John Hancock Disciplined Value Select ETF	1.48%	1.71%	0.00%
JHCP John Hancock Core Plus Bond ETF	4.62%	4.79%	0.20%

Frequently Asked Questions

Can I hold both JHCP and JDVL in my portfolio?

JHCP and JDVL have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JHCP or JDVL?

On fees, JHCP is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JHCP or JDVL?

JHCP is cheaper with a 0.36% expense ratio, compared with 0.56% for JDVL.

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

JHCP has the higher dividend yield at 4.62%, compared with 1.48% for JDVL.

What is the main difference between JHCP and JDVL?

JHCP is categorized as Intermediate Core-Plus Bond, while JDVL is Large Cap Value Equities. Their fees differ too: 0.36% for JHCP and 0.56% for JDVL.