Correlation
The correlation between JHDV and DGRW is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
JHDV vs. DGRW
Compare and contrast key facts about John Hancock U.S. High Dividend ETF (JHDV) and WisdomTree U.S. Dividend Growth Fund (DGRW).
JHDV and DGRW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHDV is an actively managed fund by John Hancock. It was launched on Sep 27, 2022. DGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Dividend Growth Index. It was launched on May 22, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHDV or DGRW.
Performance
JHDV vs. DGRW - Performance Comparison
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Key characteristics
JHDV:
0.59
DGRW:
0.56
JHDV:
0.89
DGRW:
0.83
JHDV:
1.13
DGRW:
1.12
JHDV:
0.54
DGRW:
0.51
JHDV:
1.99
DGRW:
1.85
JHDV:
5.13%
DGRW:
4.48%
JHDV:
18.92%
DGRW:
16.55%
JHDV:
-18.97%
DGRW:
-32.04%
JHDV:
-4.46%
DGRW:
-4.81%
Returns By Period
In the year-to-date period, JHDV achieves a 0.83% return, which is significantly higher than DGRW's 0.39% return.
JHDV
0.83%
5.58%
-4.46%
10.19%
N/A
N/A
N/A
DGRW
0.39%
3.93%
-4.51%
8.17%
11.60%
14.67%
12.07%
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JHDV vs. DGRW - Expense Ratio Comparison
JHDV has a 0.34% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Risk-Adjusted Performance
JHDV vs. DGRW — Risk-Adjusted Performance Rank
JHDV
DGRW
JHDV vs. DGRW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock U.S. High Dividend ETF (JHDV) and WisdomTree U.S. Dividend Growth Fund (DGRW). 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.
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Dividends
JHDV vs. DGRW - Dividend Comparison
JHDV's dividend yield for the trailing twelve months is around 2.71%, more than DGRW's 1.59% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
JHDV John Hancock U.S. High Dividend ETF | 2.71% | 2.50% | 2.77% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.59% | 1.55% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.71% | 2.13% | 2.18% | 1.79% |
Drawdowns
JHDV vs. DGRW - Drawdown Comparison
The maximum JHDV drawdown since its inception was -18.97%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for JHDV and DGRW.
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Volatility
JHDV vs. DGRW - Volatility Comparison
John Hancock U.S. High Dividend ETF (JHDV) has a higher volatility of 4.60% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 4.37%. This indicates that JHDV's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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