JHID vs. SPDW

Last updated Aug 4, 2026

JHID (John Hancock International High Dividend ETF) and SPDW (SPDR Portfolio World ex-US ETF) are both Foreign Large Cap Equities funds. JHID is actively managed, while SPDW is passively managed. Over the past 3 years, JHID returned 21.14%/yr vs 19.18%/yr for SPDW. Their correlation of 0.93 means they have usually moved in the same direction. JHID charges 0.46%/yr vs 0.04%/yr for SPDW.

Performance

JHID vs. SPDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock International High Dividend ETF (JHID) and SPDR Portfolio World ex-US ETF (SPDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHID achieves a 17.30% return, which is significantly higher than SPDW's 14.95% return.

JHID

• 1D: 0.14%
• 1M: 3.82%
• 6M: 9.71%
• YTD: 17.30%
• 1Y: 34.45%
• 3Y*: 21.14%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.88%

SPDW

• 1D: 0.56%
• 1M: 0.54%
• 6M: 8.07%
• YTD: 14.95%
• 1Y: 30.58%
• 3Y*: 19.18%
• 5Y*: 9.60%
• 10Y*: 10.02%
• ALL TIME*: 5.12%

*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	$58.51K	$33.55K	$31.00K
SPDW SPDR Portfolio World ex-US ETF	$136.01M	$160.57M	$162.83M

JHID vs. SPDW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JHID John Hancock International High Dividend ETF	17.30%	41.47%	3.62%	19.47%	-0.42%
SPDW SPDR Portfolio World ex-US ETF	14.95%	34.75%	3.55%	17.81%	0.24%

Correlation

The correlation between JHID and SPDW is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (All Time) Calculated using the full available price history since Dec 21, 2022	0.93

The correlation between JHID and SPDW has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

JHID vs. SPDW - Sectors Allocation Comparison

Sectors	JHID	SPDW
Financial Services	30.1%	18.0%
Industrials	15.0%	10.6%
Technology	10.4%	9.5%
Consumer Cyclical	6.5%	5.2%
Real Estate	6.1%	1.8%
Healthcare	5.9%	6.3%
Consumer Defensive	5.8%	3.0%
Energy	5.6%	4.9%
Utilities	5.4%	1.4%
Basic Materials	5.3%	5.4%
Communication Services	3.9%	1.8%

Return for Risk

JHID vs. SPDW — Risk / Return Rank

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

JHID

JHID Risk / Return Rank: 92
JHID Sharpe Ratio Rank: 94
JHID Sortino Ratio Rank: 93
JHID Omega Ratio Rank: 93
JHID Calmar Ratio Rank: 90
JHID Martin Ratio Rank: 91

SPDW

SPDW Risk / Return Rank: 76
SPDW Sharpe Ratio Rank: 77
SPDW Sortino Ratio Rank: 76
SPDW Omega Ratio Rank: 77
SPDW Calmar Ratio Rank: 74
SPDW Martin Ratio Rank: 78

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. SPDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock International High Dividend ETF (JHID) and SPDR Portfolio World ex-US ETF (SPDW). 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	SPDW	Difference
Sharpe ratio: Return per unit of total volatility	2.69	1.80	+0.89
Sortino ratio: Return per unit of downside risk	3.74	2.49	+1.25
Omega ratio: Gain probability vs. loss probability	1.48	1.33	+0.16
Calmar ratio: Return relative to maximum drawdown	4.11	2.66	+1.45
Martin ratio: Return relative to average drawdown	16.07	10.04	+6.03

JHID vs. SPDW - Sharpe Ratio Comparison

The current JHID Sharpe Ratio is 2.69, which is higher than the SPDW Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of JHID and SPDW, 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. SPDW - Drawdown Comparison

The maximum JHID drawdown since its inception was -12.42%, smaller than the maximum SPDW drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for JHID and SPDW.

Drawdown Indicators

	JHID	SPDW	Difference
Max Drawdown Largest peak-to-trough decline	-12.42%	-60.02%	+47.60%
Max Drawdown (1Y) Largest decline over 1 year	-8.42%	-11.55%	+3.13%
Max Drawdown (3Y) Largest decline over 3 years	-12.42%	-13.53%	+1.11%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	-0.31%	-1.56%	+1.25%
Average Drawdown Average peak-to-trough decline	-2.40%	-12.82%	+10.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	3.05%	-0.90%

Volatility

JHID vs. SPDW - Volatility Comparison

The current volatility for John Hancock International High Dividend ETF (JHID) is 3.26%, while SPDR Portfolio World ex-US ETF (SPDW) has a volatility of 5.25%. This indicates that JHID experiences smaller price fluctuations and is considered to be less risky than SPDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHID	SPDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.26%	5.25%	-1.99%
Volatility (6M) Calculated over the trailing 6-month period	11.01%	15.15%	-4.14%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	17.09%	-4.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.87%	16.78%	-2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.87%	17.13%	-3.26%

JHID vs. SPDW - Expense Ratio Comparison

JHID has a 0.46% expense ratio, which is higher than SPDW's 0.04% expense ratio.

Dividends

JHID vs. SPDW - Dividend Comparison

JHID's dividend yield for the trailing twelve months is around 3.34%, more than SPDW's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHID John Hancock International High Dividend ETF	3.34%	3.13%	5.15%	5.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPDW SPDR Portfolio World ex-US ETF	3.01%	3.30%	3.19%	2.75%	3.12%	3.04%	1.87%	3.13%	3.08%	1.86%	3.11%	2.78%

Frequently Asked Questions

Can I hold both JHID and SPDW in my portfolio?

With a correlation of 0.91, JHID and SPDW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JHID or SPDW?

SPDW has higher volatility (5.25%) compared to JHID (3.26%). In terms of maximum drawdown, JHID dropped -12.42% vs SPDW's -60.02%.

Which ETF is better, JHID or SPDW?

On 3-year performance, JHID leads with 21.14% vs 19.18% for SPDW. On fees, SPDW is cheaper at 0.04% per year. On volatility, JHID has been the lower-risk option at 3.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JHID or SPDW?

Over the 3-year period, JHID has performed better with a 21.14% return vs 19.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JHID or SPDW?

SPDW is cheaper with a 0.04% expense ratio, compared with 0.46% for JHID.

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

JHID has the higher dividend yield at 3.34%, compared with 3.01% for SPDW.

What is the main difference between JHID and SPDW?

They also come from different issuers: John Hancock and State Street. Their fees differ too: 0.46% for JHID and 0.04% for SPDW.

Which has better risk-adjusted returns?

JHID currently has the higher Sharpe Ratio (2.69 vs 1.80), 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.