JHMB vs. JDVI

Last updated Apr 1, 2026

Compare and contrast key facts about John Hancock Mortgage Backed Securities ETF (JHMB) and John Hancock Disciplined Value International Select ETF (JDVI).

JHMB and JDVI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHMB is an actively managed fund by John Hancock. It was launched on Aug 18, 2021. JDVI is an actively managed fund by John Hancock. It was launched on Dec 19, 2023.

Performance

JHMB vs. JDVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Mortgage Backed Securities ETF (JHMB) and John Hancock Disciplined Value International Select ETF (JDVI). The values are adjusted to include any dividend payments, if applicable.

JHMB vs. JDVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JHMB John Hancock Mortgage Backed Securities ETF	0.15%	7.89%	3.52%	0.46%
JDVI John Hancock Disciplined Value International Select ETF	2.69%	42.97%	0.68%	2.25%

Returns By Period

In the year-to-date period, JHMB achieves a 0.15% return, which is significantly lower than JDVI's 2.69% return.

JHMB

• 1D: 0.26%
• 1M: -2.05%
• YTD: 0.15%
• 6M: 1.75%
• 1Y: 5.33%
• 3Y*: 5.20%
• 5Y*: —
• 10Y*: —

JDVI

• 1D: 3.70%
• 1M: -8.44%
• YTD: 2.69%
• 6M: 9.50%
• 1Y: 33.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JHMB vs. JDVI - Expense Ratio Comparison

JHMB has a 0.39% expense ratio, which is lower than JDVI's 0.69% expense ratio.

JDVI

John Hancock Disciplined Value International Select ETF

JHMB

John Hancock Mortgage Backed Securities ETF

Return for Risk

JHMB vs. JDVI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JHMB

JHMB Risk / Return Rank: 57
JHMB Sharpe Ratio Rank: 64
JHMB Sortino Ratio Rank: 63
JHMB Omega Ratio Rank: 55
JHMB Calmar Ratio Rank: 62
JHMB Martin Ratio Rank: 42

JDVI

JDVI Risk / Return Rank: 86
JDVI Sharpe Ratio Rank: 86
JDVI Sortino Ratio Rank: 87
JDVI Omega Ratio Rank: 87
JDVI Calmar Ratio Rank: 85
JDVI Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JHMB vs. JDVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Mortgage Backed Securities ETF (JHMB) and John Hancock Disciplined Value International Select ETF (JDVI). 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.

	JHMB	JDVI	Difference
Sharpe ratio Return per unit of total volatility	1.13	1.81	-0.68
Sortino ratio Return per unit of downside risk	1.63	2.41	-0.79
Omega ratio Gain probability vs. loss probability	1.21	1.36	-0.16
Calmar ratio Return relative to maximum drawdown	1.59	2.60	-1.01
Martin ratio Return relative to average drawdown	4.02	10.02	-6.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHMB vs. JDVI - Sharpe Ratio Comparison

The current JHMB Sharpe Ratio is 1.13, which is lower than the JDVI Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of JHMB and JDVI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JHMB	JDVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	1.81	-0.68
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	1.25	-1.01

Correlation

The correlation between JHMB and JDVI is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JHMB vs. JDVI - Dividend Comparison

JHMB's dividend yield for the trailing twelve months is around 4.64%, more than JDVI's 2.36% yield.

	TTM	2025	2024	2023	2022	2021
JHMB John Hancock Mortgage Backed Securities ETF	4.64%	4.48%	4.88%	4.04%	4.17%	0.98%
JDVI John Hancock Disciplined Value International Select ETF	2.36%	2.43%	1.87%	0.00%	0.00%	0.00%

Drawdowns

JHMB vs. JDVI - Drawdown Comparison

The maximum JHMB drawdown since its inception was -14.53%, roughly equal to the maximum JDVI drawdown of -14.97%. Use the drawdown chart below to compare losses from any high point for JHMB and JDVI.

Drawdown Indicators

	JHMB	JDVI	Difference
Max Drawdown Largest peak-to-trough decline	-14.53%	-14.97%	+0.44%
Max Drawdown (1Y) Largest decline over 1 year	-3.47%	-12.50%	+9.03%
Current Drawdown Current decline from peak	-2.05%	-8.97%	+6.92%
Average Drawdown Average peak-to-trough decline	-4.94%	-2.77%	-2.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.37%	3.25%	-1.88%

Volatility

JHMB vs. JDVI - Volatility Comparison

The current volatility for John Hancock Mortgage Backed Securities ETF (JHMB) is 1.57%, while John Hancock Disciplined Value International Select ETF (JDVI) has a volatility of 8.45%. This indicates that JHMB experiences smaller price fluctuations and is considered to be less risky than JDVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHMB	JDVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	8.45%	-6.88%
Volatility (6M) Calculated over the trailing 6-month period	2.67%	12.25%	-9.58%
Volatility (1Y) Calculated over the trailing 1-year period	4.72%	18.49%	-13.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.88%	16.05%	-10.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.88%	16.05%	-10.17%