JHID vs. NVOH

Last updated Aug 2, 2026

JHID (John Hancock International High Dividend ETF) and NVOH (Novo Nordisk A/S (B Shares) ADRhedged ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, JHID returned 34.27% vs 2.68% for NVOH. Their 0.27 correlation means their historical movements had little consistent relationship. JHID charges 0.46%/yr vs 0.19%/yr for NVOH.

Performance

JHID vs. NVOH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock International High Dividend ETF (JHID) and Novo Nordisk A/S (B Shares) ADRhedged ETF (NVOH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHID achieves a 17.13% return, which is significantly higher than NVOH's -3.13% return.

JHID

• 1D: -0.45%
• 1M: 3.67%
• 6M: 9.74%
• YTD: 17.13%
• 1Y: 34.27%
• 3Y*: 20.37%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.89%

NVOH

• 1D: -8.23%
• 1M: -7.20%
• 6M: -15.76%
• YTD: -3.13%
• 1Y: 2.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -32.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JHID John Hancock International High Dividend ETF	$54.92K	$31.93K	$30.69K
NVOH Novo Nordisk A/S (B Shares) ADRhedged ETF	$40.92K	$41.70K	$51.17K

JHID vs. NVOH - Yearly Performance Comparison

	2026 (YTD)	2025
JHID John Hancock International High Dividend ETF	17.13%	39.50%
NVOH Novo Nordisk A/S (B Shares) ADRhedged ETF	-3.13%	-43.79%

Correlation

The correlation between JHID and NVOH is 0.20, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.20
Correlation (All Time) Calculated using the full available price history since Jan 7, 2025	0.27

Return for Risk

JHID vs. NVOH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JHID

JHID Risk / Return Rank: 93
JHID Sharpe Ratio Rank: 95
JHID Sortino Ratio Rank: 94
JHID Omega Ratio Rank: 93
JHID Calmar Ratio Rank: 92
JHID Martin Ratio Rank: 92

NVOH

NVOH Risk / Return Rank: 14
NVOH Sharpe Ratio Rank: 13
NVOH Sortino Ratio Rank: 15
NVOH Omega Ratio Rank: 16
NVOH Calmar Ratio Rank: 12
NVOH Martin Ratio Rank: 12

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JHID vs. NVOH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock International High Dividend ETF (JHID) and Novo Nordisk A/S (B Shares) ADRhedged ETF (NVOH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JHID	NVOH	Difference
Sharpe ratio: Return per unit of total volatility	2.69	0.09	+2.61
Sortino ratio: Return per unit of downside risk	3.74	0.43	+3.31
Omega ratio: Gain probability vs. loss probability	1.48	1.06	+0.42
Calmar ratio: Return relative to maximum drawdown	4.11	0.09	+4.02
Martin ratio: Return relative to average drawdown	16.08	0.17	+15.91

JHID vs. NVOH - Sharpe Ratio Comparison

The current JHID Sharpe Ratio is 2.69, which is higher than the NVOH Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of JHID and NVOH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JHID vs. NVOH - Drawdown Comparison

The maximum JHID drawdown since its inception was -12.42%, smaller than the maximum NVOH drawdown of -61.60%. Use the drawdown chart below to compare losses from any high point for JHID and NVOH.

Drawdown Indicators

	JHID	NVOH	Difference
Max Drawdown Largest peak-to-trough decline	-12.42%	-61.60%	+49.18%
Max Drawdown (1Y) Largest decline over 1 year	-8.42%	-40.93%	+32.51%
Max Drawdown (3Y) Largest decline over 3 years	-12.42%	—	—
Current Drawdown Current decline from peak	-0.45%	-49.02%	+48.57%
Average Drawdown Average peak-to-trough decline	-2.40%	-39.23%	+36.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	22.49%	-20.34%

Volatility

JHID vs. NVOH - Volatility Comparison

The current volatility for John Hancock International High Dividend ETF (JHID) is 3.39%, while Novo Nordisk A/S (B Shares) ADRhedged ETF (NVOH) has a volatility of 11.19%. This indicates that JHID experiences smaller price fluctuations and is considered to be less risky than NVOH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHID	NVOH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	11.19%	-7.80%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	35.13%	-24.09%
Volatility (1Y) Calculated over the trailing 1-year period	12.89%	45.13%	-32.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.88%	47.99%	-34.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.88%	47.99%	-34.11%

JHID vs. NVOH - Expense Ratio Comparison

JHID has a 0.46% expense ratio, which is higher than NVOH's 0.19% expense ratio.

Dividends

JHID vs. NVOH - Dividend Comparison

JHID's dividend yield for the trailing twelve months is around 3.35%, less than NVOH's 6.67% yield.

Position	TTM	2025	2024	2023
JHID John Hancock International High Dividend ETF	3.35%	3.13%	5.15%	5.23%
NVOH Novo Nordisk A/S (B Shares) ADRhedged ETF	6.67%	2.38%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JHID and NVOH in my portfolio?

JHID and NVOH have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHID or NVOH?

NVOH has higher volatility (11.19%) compared to JHID (3.39%). In terms of maximum drawdown, JHID dropped -12.42% vs NVOH's -61.60%.

Which ETF is better, JHID or NVOH?

On 1-year performance, JHID leads with 34.27% vs 2.68% for NVOH. On fees, NVOH is cheaper at 0.19% per year. On volatility, JHID has been the lower-risk option at 3.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JHID or NVOH?

Over the 1-year period, JHID has performed better with a 34.27% return vs 2.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JHID or NVOH?

NVOH is cheaper with a 0.19% expense ratio, compared with 0.46% for JHID.

Which ETF pays a higher dividend yield, JHID or NVOH?

NVOH has the higher dividend yield at 6.67%, compared with 3.35% for JHID.

What is the main difference between JHID and NVOH?

They also come from different issuers: John Hancock and Precidian. Their fees differ too: 0.46% for JHID and 0.19% for NVOH.

Which has better risk-adjusted returns?

JHID currently has the higher Sharpe Ratio (2.69 vs 0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.