JHDV vs. DGRW

Last updated Apr 2, 2026

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.

Performance

JHDV vs. DGRW - Performance Comparison

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

JHDV vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JHDV John Hancock U.S. High Dividend ETF	1.76%	14.76%	20.25%	15.99%	6.99%
DGRW WisdomTree U.S. Dividend Growth Fund	-1.22%	12.17%	16.98%	18.66%	9.23%

Returns By Period

In the year-to-date period, JHDV achieves a 1.76% return, which is significantly higher than DGRW's -1.22% return.

JHDV

• 1D: 0.59%
• 1M: -4.40%
• YTD: 1.76%
• 6M: 1.99%
• 1Y: 19.29%
• 3Y*: 16.53%
• 5Y*: —
• 10Y*: —

DGRW

• 1D: 0.28%
• 1M: -5.15%
• YTD: -1.22%
• 6M: -0.48%
• 1Y: 11.58%
• 3Y*: 14.04%
• 5Y*: 10.87%
• 10Y*: 13.07%

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

JHDV vs. DGRW - Expense Ratio Comparison

JHDV has a 0.34% expense ratio, which is higher than DGRW's 0.28% expense ratio.

JHDV

John Hancock U.S. High Dividend ETF

DGRW

WisdomTree U.S. Dividend Growth Fund

Return for Risk

JHDV vs. DGRW — Risk / Return Rank

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

JHDV

JHDV Risk / Return Rank: 59
JHDV Sharpe Ratio Rank: 58
JHDV Sortino Ratio Rank: 59
JHDV Omega Ratio Rank: 63
JHDV Calmar Ratio Rank: 51
JHDV Martin Ratio Rank: 63

DGRW

DGRW Risk / Return Rank: 42
DGRW Sharpe Ratio Rank: 38
DGRW Sortino Ratio Rank: 40
DGRW Omega Ratio Rank: 43
DGRW Calmar Ratio Rank: 39
DGRW Martin Ratio Rank: 48

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.

JHDV vs. DGRW - Risk-Adjusted Trends 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.

	JHDV	DGRW	Difference
Sharpe ratio Return per unit of total volatility	1.09	0.75	+0.33
Sortino ratio Return per unit of downside risk	1.59	1.19	+0.40
Omega ratio Gain probability vs. loss probability	1.25	1.18	+0.07
Calmar ratio Return relative to maximum drawdown	1.46	1.05	+0.40
Martin ratio Return relative to average drawdown	6.86	4.75	+2.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHDV vs. DGRW - Sharpe Ratio Comparison

The current JHDV Sharpe Ratio is 1.09, which is higher than the DGRW Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of JHDV and DGRW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JHDV	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.09	0.75	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.81	+0.28

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.

Dividends

JHDV vs. DGRW - Dividend Comparison

JHDV's dividend yield for the trailing twelve months is around 2.32%, more than DGRW's 1.43% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHDV John Hancock U.S. High Dividend ETF	2.32%	2.40%	2.50%	2.77%	0.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DGRW WisdomTree U.S. Dividend Growth Fund	1.43%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%

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.

Drawdown Indicators

	JHDV	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-18.97%	-32.04%	+13.07%
Max Drawdown (1Y) Largest decline over 1 year	-13.22%	-11.30%	-1.92%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-5.48%	-5.69%	+0.21%
Average Drawdown Average peak-to-trough decline	-2.71%	-3.04%	+0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	2.51%	+0.30%

Volatility

JHDV vs. DGRW - Volatility Comparison

John Hancock U.S. High Dividend ETF (JHDV) and WisdomTree U.S. Dividend Growth Fund (DGRW) have volatilities of 4.85% and 4.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHDV	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	4.64%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.34%	7.73%	+1.61%
Volatility (1Y) Calculated over the trailing 1-year period	17.85%	15.41%	+2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.85%	13.98%	+1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.85%	16.21%	-0.36%