JHEM vs. AVEM
Compare and contrast key facts about John Hancock Multifactor Emerging Markets ETF (JHEM) and Avantis Emerging Markets Equity ETF (AVEM).
JHEM and AVEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHEM is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Emerging Markets Index. It was launched on Sep 27, 2018. AVEM is a passively managed fund by American Century that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019. Both JHEM and AVEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
JHEM vs. AVEM - Performance Comparison
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JHEM vs. AVEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JHEM John Hancock Multifactor Emerging Markets ETF | 4.13% | 30.49% | 4.58% | 12.94% | -17.90% | 2.10% | 11.50% | 10.18% |
AVEM Avantis Emerging Markets Equity ETF | 4.70% | 34.48% | 7.49% | 15.30% | -18.15% | 5.16% | 14.39% | 11.13% |
Returns By Period
In the year-to-date period, JHEM achieves a 4.13% return, which is significantly lower than AVEM's 4.70% return.
JHEM
- 1D
- 3.25%
- 1M
- -9.49%
- YTD
- 4.13%
- 6M
- 9.90%
- 1Y
- 31.74%
- 3Y*
- 15.38%
- 5Y*
- 4.95%
- 10Y*
- —
AVEM
- 1D
- 3.60%
- 1M
- -9.09%
- YTD
- 4.70%
- 6M
- 9.02%
- 1Y
- 37.57%
- 3Y*
- 18.51%
- 5Y*
- 6.97%
- 10Y*
- —
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JHEM vs. AVEM - Expense Ratio Comparison
JHEM has a 0.49% expense ratio, which is higher than AVEM's 0.33% expense ratio.
Return for Risk
JHEM vs. AVEM — Risk / Return Rank
JHEM
AVEM
JHEM vs. AVEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Emerging Markets ETF (JHEM) and Avantis Emerging Markets Equity ETF (AVEM). 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.
| JHEM | AVEM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 1.89 | -0.19 |
Sortino ratioReturn per unit of downside risk | 2.28 | 2.48 | -0.20 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.57 | 2.82 | -0.25 |
Martin ratioReturn relative to average drawdown | 10.02 | 11.10 | -1.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JHEM | AVEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 1.89 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.39 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.51 | -0.18 |
Correlation
The correlation between JHEM and AVEM is 0.97, 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
JHEM vs. AVEM - Dividend Comparison
JHEM's dividend yield for the trailing twelve months is around 2.30%, less than AVEM's 2.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JHEM John Hancock Multifactor Emerging Markets ETF | 2.30% | 2.39% | 2.93% | 2.87% | 2.84% | 2.71% | 1.67% | 2.37% | 0.21% |
AVEM Avantis Emerging Markets Equity ETF | 2.41% | 2.45% | 3.17% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% | 0.00% |
Drawdowns
JHEM vs. AVEM - Drawdown Comparison
The maximum JHEM drawdown since its inception was -34.99%, roughly equal to the maximum AVEM drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for JHEM and AVEM.
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Drawdown Indicators
| JHEM | AVEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.99% | -36.05% | +1.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -13.13% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -32.15% | -34.00% | +1.85% |
Current DrawdownCurrent decline from peak | -9.49% | -10.00% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -10.12% | -10.30% | +0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 3.34% | -0.17% |
Volatility
JHEM vs. AVEM - Volatility Comparison
The current volatility for John Hancock Multifactor Emerging Markets ETF (JHEM) is 9.66%, while Avantis Emerging Markets Equity ETF (AVEM) has a volatility of 10.36%. This indicates that JHEM experiences smaller price fluctuations and is considered to be less risky than AVEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHEM | AVEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.66% | 10.36% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 14.04% | 14.72% | -0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.81% | 20.03% | -1.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 17.87% | -0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.45% | 20.37% | +0.08% |