JHDV vs. SCHD
Compare and contrast key facts about John Hancock U.S. High Dividend ETF (JHDV) and Schwab US Dividend Equity ETF (SCHD).
JHDV and SCHD 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. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHDV or SCHD.
Key characteristics
| JHDV | SCHD | |
|---|---|---|
| YTD Return | 24.98% | 17.75% |
| 1Y Return | 37.90% | 31.70% |
| Sharpe Ratio | 3.02 | 2.67 |
| Sortino Ratio | 4.12 | 3.84 |
| Omega Ratio | 1.54 | 1.47 |
| Calmar Ratio | 4.64 | 2.80 |
| Martin Ratio | 19.51 | 14.83 |
| Ulcer Index | 1.88% | 2.04% |
| Daily Std Dev | 12.20% | 11.32% |
| Max Drawdown | -10.87% | -33.37% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JHDV and SCHD is 0.84, 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.
Performance
JHDV vs. SCHD - Performance Comparison
In the year-to-date period, JHDV achieves a 24.98% return, which is significantly higher than SCHD's 17.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JHDV vs. SCHD - Expense Ratio Comparison
JHDV has a 0.34% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
JHDV vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock U.S. High Dividend ETF (JHDV) and Schwab US Dividend Equity ETF (SCHD). 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.
Dividends
JHDV vs. SCHD - Dividend Comparison
JHDV's dividend yield for the trailing twelve months is around 2.20%, less than SCHD's 3.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHDV John Hancock U.S. High Dividend ETF | 2.20% | 2.77% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.36% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
JHDV vs. SCHD - Drawdown Comparison
The maximum JHDV drawdown since its inception was -10.87%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for JHDV and SCHD. For additional features, visit the drawdowns tool.
Volatility
JHDV vs. SCHD - Volatility Comparison
The current volatility for John Hancock U.S. High Dividend ETF (JHDV) is 3.38%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.57%. This indicates that JHDV experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.