JHDV vs. DGRW
JHDV (John Hancock U.S. High Dividend ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - JHDV is a Large Cap Value Equities fund actively managed by John Hancock, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. JHDV is actively managed, while DGRW is passively managed. Over the past 3 years, JHDV returned 21.41%/yr vs 15.10%/yr for DGRW. Their correlation of 0.93 suggests significant overlap in exposure. JHDV charges 0.34%/yr vs 0.28%/yr for DGRW.
Performance
JHDV vs. DGRW - Performance Comparison
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Returns By Period
In the year-to-date period, JHDV achieves a 17.56% return, which is significantly higher than DGRW's 6.36% return.
JHDV
- 1D
- -1.41%
- 1M
- 1.19%
- YTD
- 17.56%
- 6M
- 16.88%
- 1Y
- 30.01%
- 3Y*
- 21.41%
- 5Y*
- —
- 10Y*
- —
DGRW
- 1D
- -0.92%
- 1M
- -1.62%
- YTD
- 6.36%
- 6M
- 5.72%
- 1Y
- 16.86%
- 3Y*
- 15.10%
- 5Y*
- 11.78%
- 10Y*
- 14.14%
JHDV vs. DGRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JHDV John Hancock U.S. High Dividend ETF | 17.56% | 14.76% | 20.25% | 15.99% | 6.99% |
DGRW WisdomTree U.S. Quality Dividend Growth Fund | 6.36% | 12.17% | 16.98% | 18.66% | 11.05% |
Correlation
The correlation between JHDV and DGRW is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2022 | 0.93 |
The correlation between JHDV and DGRW has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.
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Return for Risk
JHDV vs. DGRW — Risk / Return Rank
JHDV
DGRW
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. Quality 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.
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.
| JHDV | DGRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.30 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 2.04 | +1.61 |
| Martin ratioReturn relative to average drawdown | 14.91 | 8.67 | +6.24 |
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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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Drawdown Indicators
| JHDV | DGRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.97% | -32.04% | +13.07% |
Max Drawdown (1Y)Largest decline over 1 year | -8.26% | -8.30% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -18.97% | -16.21% | -2.76% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.27% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.04% | — |
Current DrawdownCurrent decline from peak | -2.03% | -3.32% | +1.29% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -3.01% | +0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 1.95% | +0.07% |
Volatility
JHDV vs. DGRW - Volatility Comparison
John Hancock U.S. High Dividend ETF (JHDV) has a higher volatility of 4.43% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.75%. 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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Volatility by Period
| JHDV | DGRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 3.75% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 9.60% | 8.26% | +1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.20% | 10.30% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 14.01% | +1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 16.21% | -0.50% |
JHDV vs. DGRW - Expense Ratio Comparison
JHDV has a 0.34% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Dividends
JHDV vs. DGRW - Dividend Comparison
JHDV's dividend yield for the trailing twelve months is around 2.01%, more than DGRW's 1.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRW WisdomTree U.S. Quality Dividend Growth Fund | 1.30% | 1.43% | 1.55% | 1.74% | 2.15% | 1.78% | 1.93% | 2.20% | 2.42% | 1.71% | 2.13% | 2.18% |
JHDV John Hancock U.S. High Dividend ETF | 2.01% | 2.40% | 2.50% | 2.77% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JHDV and DGRW have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JHDV has higher volatility (4.43%) compared to DGRW (3.75%). In terms of maximum drawdown, JHDV dropped -18.97% vs DGRW's -32.04%.
On 3-year performance, JHDV leads with 21.41% vs 15.10% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 3.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, JHDV has performed better with a 21.41% return vs 15.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DGRW is cheaper with a 0.28% expense ratio, compared with 0.34% for JHDV.
JHDV has the higher dividend yield at 2.01%, compared with 1.30% for DGRW.
JHDV is categorized as Large Cap Value Equities, while DGRW is Dividend. They also come from different issuers: John Hancock and WisdomTree. Their fees differ too: 0.34% for JHDV and 0.28% for DGRW.
JHDV currently has the higher Sharpe Ratio (2.48 vs 1.65), 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.
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