Correlation
The correlation between JHEM and FNDE is 0.64, 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.
JHEM vs. FNDE
Compare and contrast key facts about John Hancock Multifactor Emerging Markets ETF (JHEM) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE).
JHEM and FNDE 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. FNDE is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental Emerging Markets Large Company Index. It was launched on Aug 15, 2013. Both JHEM and FNDE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHEM or FNDE.
Performance
JHEM vs. FNDE - Performance Comparison
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Key characteristics
JHEM:
0.40
FNDE:
0.54
JHEM:
0.55
FNDE:
0.77
JHEM:
1.07
FNDE:
1.10
JHEM:
0.29
FNDE:
0.48
JHEM:
0.83
FNDE:
1.30
JHEM:
6.56%
FNDE:
6.85%
JHEM:
18.13%
FNDE:
20.23%
JHEM:
-34.99%
FNDE:
-43.55%
JHEM:
-4.04%
FNDE:
-3.87%
Returns By Period
In the year-to-date period, JHEM achieves a 7.54% return, which is significantly lower than FNDE's 8.12% return.
JHEM
7.54%
4.55%
5.37%
8.12%
4.86%
7.83%
N/A
FNDE
8.12%
4.35%
6.90%
12.04%
9.31%
11.56%
6.00%
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JHEM vs. FNDE - Expense Ratio Comparison
JHEM has a 0.49% expense ratio, which is higher than FNDE's 0.39% expense ratio.
Risk-Adjusted Performance
JHEM vs. FNDE — Risk-Adjusted Performance Rank
JHEM
FNDE
JHEM vs. FNDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Emerging Markets ETF (JHEM) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE). 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.
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Dividends
JHEM vs. FNDE - Dividend Comparison
JHEM's dividend yield for the trailing twelve months is around 2.72%, less than FNDE's 4.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHEM John Hancock Multifactor Emerging Markets ETF | 2.72% | 2.93% | 2.87% | 2.84% | 2.71% | 1.67% | 2.37% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% |
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.46% | 4.82% | 4.74% | 5.59% | 4.31% | 2.49% | 3.47% | 3.05% | 2.05% | 1.65% | 2.02% | 1.36% |
Drawdowns
JHEM vs. FNDE - Drawdown Comparison
The maximum JHEM drawdown since its inception was -34.99%, smaller than the maximum FNDE drawdown of -43.55%. Use the drawdown chart below to compare losses from any high point for JHEM and FNDE.
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Volatility
JHEM vs. FNDE - Volatility Comparison
John Hancock Multifactor Emerging Markets ETF (JHEM) has a higher volatility of 4.67% compared to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) at 4.09%. This indicates that JHEM's price experiences larger fluctuations and is considered to be riskier than FNDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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