JHEM vs. FRDM
Compare and contrast key facts about John Hancock Multifactor Emerging Markets ETF (JHEM) and Freedom 100 Emerging Markets ETF (FRDM).
JHEM and FRDM 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. FRDM is a passively managed fund by Freedom Funds that tracks the performance of the Life + Liberty Freedom 100 Emerging Markets Index. It was launched on May 22, 2019. Both JHEM and FRDM 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. FRDM - Performance Comparison
Loading graphics...
JHEM vs. FRDM - 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% | 14.33% |
FRDM Freedom 100 Emerging Markets ETF | 7.05% | 61.27% | 1.70% | 22.77% | -14.45% | 6.13% | 16.90% | 12.33% |
Returns By Period
In the year-to-date period, JHEM achieves a 4.13% return, which is significantly lower than FRDM's 7.05% return.
JHEM
- 1D
- 3.25%
- 1M
- -9.49%
- YTD
- 4.13%
- 6M
- 9.90%
- 1Y
- 31.74%
- 3Y*
- 15.38%
- 5Y*
- 4.95%
- 10Y*
- —
FRDM
- 1D
- 4.49%
- 1M
- -12.64%
- YTD
- 7.05%
- 6M
- 24.68%
- 1Y
- 59.74%
- 3Y*
- 26.32%
- 5Y*
- 12.99%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JHEM vs. FRDM - Expense Ratio Comparison
Both JHEM and FRDM have an expense ratio of 0.49%.
Return for Risk
JHEM vs. FRDM — Risk / Return Rank
JHEM
FRDM
JHEM vs. FRDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Emerging Markets ETF (JHEM) and Freedom 100 Emerging Markets ETF (FRDM). 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 | FRDM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 2.55 | -0.85 |
Sortino ratioReturn per unit of downside risk | 2.28 | 3.15 | -0.87 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.47 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 2.57 | 3.52 | -0.94 |
Martin ratioReturn relative to average drawdown | 10.02 | 14.69 | -4.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JHEM | FRDM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 2.55 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.65 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.66 | -0.33 |
Correlation
The correlation between JHEM and FRDM is 0.85, 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. FRDM - Dividend Comparison
JHEM's dividend yield for the trailing twelve months is around 2.30%, more than FRDM's 2.04% 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% |
FRDM Freedom 100 Emerging Markets ETF | 2.04% | 2.26% | 2.53% | 2.66% | 2.72% | 2.17% | 1.11% | 1.07% | 0.00% |
Drawdowns
JHEM vs. FRDM - Drawdown Comparison
The maximum JHEM drawdown since its inception was -34.99%, smaller than the maximum FRDM drawdown of -40.49%. Use the drawdown chart below to compare losses from any high point for JHEM and FRDM.
Loading graphics...
Drawdown Indicators
| JHEM | FRDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.99% | -40.49% | +5.50% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -16.87% | +4.53% |
Max Drawdown (5Y)Largest decline over 5 years | -32.15% | -29.25% | -2.90% |
Current DrawdownCurrent decline from peak | -9.49% | -13.13% | +3.64% |
Average DrawdownAverage peak-to-trough decline | -10.12% | -7.21% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 4.04% | -0.87% |
Volatility
JHEM vs. FRDM - Volatility Comparison
The current volatility for John Hancock Multifactor Emerging Markets ETF (JHEM) is 9.66%, while Freedom 100 Emerging Markets ETF (FRDM) has a volatility of 13.19%. This indicates that JHEM experiences smaller price fluctuations and is considered to be less risky than FRDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JHEM | FRDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.66% | 13.19% | -3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 14.04% | 18.31% | -4.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.81% | 23.57% | -4.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 20.00% | -2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.45% | 22.36% | -1.91% |