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JHDV vs. SPLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JHDV and SPLV is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

JHDV vs. SPLV

Last updated Jun 1, 2025

Compare and contrast key facts about John Hancock U.S. High Dividend ETF (JHDV) and Invesco S&P 500® Low Volatility ETF (SPLV).

JHDV and SPLV 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. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHDV or SPLV.

Performance

JHDV vs. SPLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock U.S. High Dividend ETF (JHDV) and Invesco S&P 500® Low Volatility ETF (SPLV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

JHDV:

0.59

SPLV:

1.26

Sortino Ratio

JHDV:

0.89

SPLV:

1.72

Omega Ratio

JHDV:

1.13

SPLV:

1.24

Calmar Ratio

JHDV:

0.54

SPLV:

1.82

Martin Ratio

JHDV:

1.99

SPLV:

5.62

Ulcer Index

JHDV:

5.13%

SPLV:

2.94%

Daily Std Dev

JHDV:

18.92%

SPLV:

13.29%

Max Drawdown

JHDV:

-18.97%

SPLV:

-36.26%

Current Drawdown

JHDV:

-4.46%

SPLV:

-1.66%

Returns By Period

In the year-to-date period, JHDV achieves a 0.83% return, which is significantly lower than SPLV's 5.74% return.

JHDV

YTD

0.83%

1M

5.58%

6M

-4.46%

1Y

10.19%

3Y*

N/A

5Y*

N/A

10Y*

N/A

SPLV

YTD

5.74%

1M

1.81%

6M

-0.97%

1Y

14.65%

3Y*

6.50%

5Y*

10.23%

10Y*

9.31%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

John Hancock U.S. High Dividend ETF

Invesco S&P 500® Low Volatility ETF

JHDV vs. SPLV - Expense Ratio Comparison

JHDV has a 0.34% expense ratio, which is higher than SPLV's 0.25% expense ratio.

JHDV
John Hancock U.S. High Dividend ETF
SPLV
Invesco S&P 500® Low Volatility ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

JHDV vs. SPLV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JHDV
The Risk-Adjusted Performance Rank of JHDV is 5252
Overall Rank
The Sharpe Ratio Rank of JHDV is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of JHDV is 5050
Sortino Ratio Rank
The Omega Ratio Rank of JHDV is 5252
Omega Ratio Rank
The Calmar Ratio Rank of JHDV is 5555
Calmar Ratio Rank
The Martin Ratio Rank of JHDV is 5353
Martin Ratio Rank
SPLV
The Risk-Adjusted Performance Rank of SPLV is 8686
Overall Rank
The Sharpe Ratio Rank of SPLV is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of SPLV is 8484
Sortino Ratio Rank
The Omega Ratio Rank of SPLV is 8484
Omega Ratio Rank
The Calmar Ratio Rank of SPLV is 9191
Calmar Ratio Rank
The Martin Ratio Rank of SPLV is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

JHDV vs. SPLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock U.S. High Dividend ETF (JHDV) and Invesco S&P 500® Low Volatility ETF (SPLV). 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.

The current JHDV Sharpe Ratio is 0.59, which is lower than the SPLV Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of JHDV and SPLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

JHDV vs. SPLV - Dividend Comparison

JHDV's dividend yield for the trailing twelve months is around 2.71%, more than SPLV's 1.73% yield.

TTM20242023202220212020201920182017201620152014
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%
SPLV
Invesco S&P 500® Low Volatility ETF		1.73%1.88%2.45%2.11%1.51%2.12%2.08%2.18%2.03%2.03%2.28%2.20%

Drawdowns

JHDV vs. SPLV - Drawdown Comparison

The maximum JHDV drawdown since its inception was -18.97%, smaller than the maximum SPLV drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for JHDV and SPLV.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

JHDV vs. SPLV - Volatility Comparison

John Hancock U.S. High Dividend ETF (JHDV) has a higher volatility of 4.60% compared to Invesco S&P 500® Low Volatility ETF (SPLV) at 3.67%. This indicates that JHDV's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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