JHCR vs. JHDV

Last updated Jun 23, 2026

JHCR (John Hancock Core Bond ETF) and JHDV (John Hancock U.S. High Dividend ETF) are both exchange-traded funds - JHCR is a Intermediate Core Bond fund actively managed by John Hancock, while JHDV is a Large Cap Value Equities fund actively managed by John Hancock. Both are actively managed. Over the past year, JHCR returned 5.67% vs 33.01% for JHDV. At a 0.26 correlation, their price movements are largely independent. JHCR charges 0.29%/yr vs 0.34%/yr for JHDV.

Performance

JHCR vs. JHDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Core Bond ETF (JHCR) and John Hancock U.S. High Dividend ETF (JHDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHCR achieves a 0.96% return, which is significantly lower than JHDV's 19.25% return.

JHCR

• 1D: 0.14%
• 1M: 0.75%
• YTD: 0.96%
• 6M: 1.16%
• 1Y: 5.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JHDV

• 1D: 0.39%
• 1M: 2.63%
• YTD: 19.25%
• 6M: 18.72%
• 1Y: 33.01%
• 3Y*: 21.99%
• 5Y*: —
• 10Y*: —

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

JHCR vs. JHDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JHCR John Hancock Core Bond ETF	0.96%	7.54%	-0.99%
JHDV John Hancock U.S. High Dividend ETF	19.25%	14.76%	-2.21%

Correlation

The correlation between JHCR and JHDV is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.26

Return for Risk

JHCR vs. JHDV — Risk / Return Rank

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

JHCR

JHCR Risk / Return Rank: 40
JHCR Sharpe Ratio Rank: 40
JHCR Sortino Ratio Rank: 42
JHCR Omega Ratio Rank: 38
JHCR Calmar Ratio Rank: 42
JHCR Martin Ratio Rank: 38

JHDV

JHDV Risk / Return Rank: 84
JHDV Sharpe Ratio Rank: 87
JHDV Sortino Ratio Rank: 86
JHDV Omega Ratio Rank: 84
JHDV Calmar Ratio Rank: 80
JHDV Martin Ratio Rank: 84

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.

JHCR vs. JHDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Core Bond ETF (JHCR) and John Hancock U.S. High Dividend ETF (JHDV). 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.

	JHCR	JHDV	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.74	-1.38
Sortino ratio: Return per unit of downside risk	2.07	3.68	-1.61
Omega ratio: Gain probability vs. loss probability	1.25	1.48	-0.24
Calmar ratio: Return relative to maximum drawdown	2.00	4.02	-2.02
Martin ratio: Return relative to average drawdown	5.77	16.43	-10.66

JHCR vs. JHDV - Sharpe Ratio Comparison

The current JHCR Sharpe Ratio is 1.36, which is lower than the JHDV Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of JHCR and JHDV, 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

JHCR vs. JHDV - Drawdown Comparison

The maximum JHCR drawdown since its inception was -2.85%, smaller than the maximum JHDV drawdown of -18.97%. Use the drawdown chart below to compare losses from any high point for JHCR and JHDV.

Drawdown Indicators

	JHCR	JHDV	Difference
Max Drawdown Largest peak-to-trough decline	-2.85%	-18.97%	+16.12%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-8.26%	+5.42%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.97%	—
Current Drawdown Current decline from peak	-0.99%	-0.63%	-0.36%
Average Drawdown Average peak-to-trough decline	-0.84%	-2.61%	+1.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.98%	2.01%	-1.03%

Volatility

JHCR vs. JHDV - Volatility Comparison

The current volatility for John Hancock Core Bond ETF (JHCR) is 1.23%, while John Hancock U.S. High Dividend ETF (JHDV) has a volatility of 4.17%. This indicates that JHCR experiences smaller price fluctuations and is considered to be less risky than JHDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHCR	JHDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	4.17%	-2.94%
Volatility (6M) Calculated over the trailing 6-month period	3.22%	9.48%	-6.26%
Volatility (1Y) Calculated over the trailing 1-year period	4.19%	12.13%	-7.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.73%	15.70%	-10.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	15.70%	-10.97%

JHCR vs. JHDV - Expense Ratio Comparison

JHCR has a 0.29% expense ratio, which is lower than JHDV's 0.34% expense ratio.

Dividends

JHCR vs. JHDV - Dividend Comparison

JHCR's dividend yield for the trailing twelve months is around 4.21%, more than JHDV's 1.98% yield.

Position	TTM	2025	2024	2023	2022
JHCR John Hancock Core Bond ETF	4.21%	4.65%	0.20%	0.00%	0.00%
JHDV John Hancock U.S. High Dividend ETF	1.98%	2.40%	2.50%	2.77%	0.85%

Frequently Asked Questions

Can I hold both JHCR and JHDV in my portfolio?

JHCR and JHDV have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHCR or JHDV?

JHDV has higher volatility (4.17%) compared to JHCR (1.23%). In terms of maximum drawdown, JHCR dropped -2.85% vs JHDV's -18.97%.

Which ETF is better, JHCR or JHDV?

On 1-year performance, JHDV leads with 33.01% vs 5.67% for JHCR. On fees, JHCR is cheaper at 0.29% per year. On volatility, JHCR has been the lower-risk option at 1.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JHCR or JHDV?

Over the 1-year period, JHDV has performed better with a 33.01% return vs 5.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JHCR or JHDV?

JHCR is cheaper with a 0.29% expense ratio, compared with 0.34% for JHDV.

Which ETF pays a higher dividend yield, JHCR or JHDV?

JHCR has the higher dividend yield at 4.21%, compared with 1.98% for JHDV.

What is the main difference between JHCR and JHDV?

JHCR is categorized as Intermediate Core Bond, while JHDV is Large Cap Value Equities. Their fees differ too: 0.29% for JHCR and 0.34% for JHDV.

Which has better risk-adjusted returns?

JHDV currently has the higher Sharpe Ratio (2.74 vs 1.36), 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.