JHDV vs. FEGE

Last updated Aug 2, 2026

JHDV (John Hancock U.S. High Dividend ETF) and FEGE (First Eagle Global Equity ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, JHDV returned 26.40% vs 28.51% for FEGE. Their 0.72 correlation means they have sometimes moved together and sometimes differently. JHDV charges 0.34%/yr vs 0.50%/yr for FEGE.

Performance

JHDV vs. FEGE - Performance Comparison

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

Returns By Period

In the year-to-date period, JHDV achieves a 18.19% return, which is significantly higher than FEGE's 10.52% return.

JHDV

• 1D: 0.01%
• 1M: 0.38%
• 6M: 13.52%
• YTD: 18.19%
• 1Y: 26.40%
• 3Y*: 19.16%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.16%

FEGE

• 1D: 0.08%
• 1M: 2.13%
• 6M: 4.11%
• YTD: 10.52%
• 1Y: 28.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.60%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FEGE First Eagle Global Equity ETF	$14.50M	$16.13M	$15.78M
JHDV John Hancock U.S. High Dividend ETF	$9.40K	$15.63K	$31.49K

JHDV vs. FEGE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JHDV John Hancock U.S. High Dividend ETF	18.19%	14.76%	0.66%
FEGE First Eagle Global Equity ETF	10.52%	34.19%	-1.43%

Correlation

The correlation between JHDV and FEGE is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (All Time) Calculated using the full available price history since Dec 20, 2024	0.72

The correlation between JHDV and FEGE has been stable across timeframes, ranging from 0.69 to 0.72 - a consistent structural relationship.

Return for Risk

JHDV vs. FEGE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JHDV

JHDV Risk / Return Rank: 84
JHDV Sharpe Ratio Rank: 86
JHDV Sortino Ratio Rank: 84
JHDV Omega Ratio Rank: 84
JHDV Calmar Ratio Rank: 83
JHDV Martin Ratio Rank: 86

FEGE

FEGE Risk / Return Rank: 79
FEGE Sharpe Ratio Rank: 88
FEGE Sortino Ratio Rank: 86
FEGE Omega Ratio Rank: 85
FEGE Calmar Ratio Rank: 72
FEGE Martin Ratio Rank: 66

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JHDV vs. FEGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock U.S. High Dividend ETF (JHDV) and First Eagle Global Equity ETF (FEGE). 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	FEGE	Difference
Sharpe ratio: Return per unit of total volatility	2.04	2.15	-0.11
Sortino ratio: Return per unit of downside risk	2.79	2.86	-0.06
Omega ratio: Gain probability vs. loss probability	1.36	1.37	-0.01
Calmar ratio: Return relative to maximum drawdown	3.07	2.51	+0.57
Martin ratio: Return relative to average drawdown	12.25	7.91	+4.33

JHDV vs. FEGE - Sharpe Ratio Comparison

The current JHDV Sharpe Ratio is 2.04, which is comparable to the FEGE Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of JHDV and FEGE, 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

JHDV vs. FEGE - Drawdown Comparison

The maximum JHDV drawdown since its inception was -18.97%, which is greater than FEGE's maximum drawdown of -11.13%. Use the drawdown chart below to compare losses from any high point for JHDV and FEGE.

Drawdown Indicators

	JHDV	FEGE	Difference
Max Drawdown Largest peak-to-trough decline	-18.97%	-11.13%	-7.84%
Max Drawdown (1Y) Largest decline over 1 year	-8.26%	-10.96%	+2.70%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	—	—
Current Drawdown Current decline from peak	-1.51%	-1.17%	-0.34%
Average Drawdown Average peak-to-trough decline	-2.57%	-1.91%	-0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	3.46%	-1.39%

Volatility

JHDV vs. FEGE - Volatility Comparison

John Hancock U.S. High Dividend ETF (JHDV) and First Eagle Global Equity ETF (FEGE) have volatilities of 3.39% and 3.40%, 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	FEGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	3.40%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	10.44%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	12.79%	-0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	14.45%	+1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.59%	14.45%	+1.14%

JHDV vs. FEGE - Expense Ratio Comparison

JHDV has a 0.34% expense ratio, which is lower than FEGE's 0.50% expense ratio.

Dividends

JHDV vs. FEGE - Dividend Comparison

JHDV's dividend yield for the trailing twelve months is around 2.06%, more than FEGE's 1.16% yield.

Position	TTM	2025	2024	2023	2022
FEGE First Eagle Global Equity ETF	1.16%	1.28%	0.00%	0.00%	0.00%
JHDV John Hancock U.S. High Dividend ETF	2.06%	2.40%	2.50%	2.77%	0.85%

Frequently Asked Questions

Can I hold both JHDV and FEGE in my portfolio?

JHDV and FEGE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHDV or FEGE?

FEGE has higher volatility (3.40%) compared to JHDV (3.39%). In terms of maximum drawdown, JHDV dropped -18.97% vs FEGE's -11.13%.

Which ETF is better, JHDV or FEGE?

On 1-year performance, FEGE leads with 28.51% vs 26.40% for JHDV. On fees, JHDV is cheaper at 0.34% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JHDV or FEGE?

Over the 1-year period, FEGE has performed better with a 28.51% return vs 26.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JHDV or FEGE?

JHDV is cheaper with a 0.34% expense ratio, compared with 0.50% for FEGE.

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

JHDV has the higher dividend yield at 2.06%, compared with 1.16% for FEGE.

What is the main difference between JHDV and FEGE?

They also come from different issuers: John Hancock and First Eagle. Their fees differ too: 0.34% for JHDV and 0.50% for FEGE.

Which has better risk-adjusted returns?

FEGE currently has the higher Sharpe Ratio (2.15 vs 2.04), 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.