JHMD vs. EWJV

Last updated Apr 2, 2026

Compare and contrast key facts about John Hancock Multifactor Developed International ETF (JHMD) and iShares MSCI Japan Value ETF (EWJV).

JHMD and EWJV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHMD is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Developed International Index. It was launched on Dec 15, 2016. EWJV is a passively managed fund by iShares that tracks the performance of the MSCI Japan Value Index. It was launched on Mar 5, 2019. Both JHMD and EWJV 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

JHMD vs. EWJV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Multifactor Developed International ETF (JHMD) and iShares MSCI Japan Value ETF (EWJV). The values are adjusted to include any dividend payments, if applicable.

JHMD vs. EWJV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JHMD John Hancock Multifactor Developed International ETF	3.71%	33.91%	1.78%	19.43%	-13.95%	11.83%	7.25%	10.88%
EWJV iShares MSCI Japan Value ETF	9.81%	33.96%	11.59%	23.60%	-6.02%	5.48%	2.41%	10.48%

Returns By Period

In the year-to-date period, JHMD achieves a 3.71% return, which is significantly lower than EWJV's 9.81% return.

JHMD

• 1D: 1.65%
• 1M: -4.12%
• YTD: 3.71%
• 6M: 8.68%
• 1Y: 27.18%
• 3Y*: 15.71%
• 5Y*: 8.99%
• 10Y*: —

EWJV

• 1D: 2.23%
• 1M: -3.26%
• YTD: 9.81%
• 6M: 17.40%
• 1Y: 39.02%
• 3Y*: 24.49%
• 5Y*: 13.19%
• 10Y*: —

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

JHMD vs. EWJV - Expense Ratio Comparison

JHMD has a 0.39% expense ratio, which is higher than EWJV's 0.15% expense ratio.

JHMD

John Hancock Multifactor Developed International ETF

EWJV

iShares MSCI Japan Value ETF

Return for Risk

JHMD vs. EWJV — Risk / Return Rank

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

JHMD

JHMD Risk / Return Rank: 80
JHMD Sharpe Ratio Rank: 79
JHMD Sortino Ratio Rank: 82
JHMD Omega Ratio Rank: 79
JHMD Calmar Ratio Rank: 80
JHMD Martin Ratio Rank: 79

EWJV

EWJV Risk / Return Rank: 85
EWJV Sharpe Ratio Rank: 86
EWJV Sortino Ratio Rank: 88
EWJV Omega Ratio Rank: 85
EWJV Calmar Ratio Rank: 84
EWJV Martin Ratio Rank: 82

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.

JHMD vs. EWJV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Developed International ETF (JHMD) and iShares MSCI Japan Value ETF (EWJV). 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.

	JHMD	EWJV	Difference
Sharpe ratio Return per unit of total volatility	1.56	1.81	-0.25
Sortino ratio Return per unit of downside risk	2.23	2.49	-0.26
Omega ratio Gain probability vs. loss probability	1.32	1.35	-0.03
Calmar ratio Return relative to maximum drawdown	2.44	2.60	-0.16
Martin ratio Return relative to average drawdown	9.41	9.55	-0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHMD vs. EWJV - Sharpe Ratio Comparison

The current JHMD Sharpe Ratio is 1.56, which is comparable to the EWJV Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of JHMD and EWJV, 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

	JHMD	EWJV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	1.81	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.74	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.67	-0.14

Correlation

The correlation between JHMD and EWJV is 0.71, 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

JHMD vs. EWJV - Dividend Comparison

JHMD's dividend yield for the trailing twelve months is around 3.08%, less than EWJV's 4.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JHMD John Hancock Multifactor Developed International ETF	3.08%	3.19%	3.55%	3.01%	2.85%	3.22%	1.89%	3.19%	2.09%	2.27%
EWJV iShares MSCI Japan Value ETF	4.88%	5.35%	4.10%	3.32%	2.71%	2.46%	1.96%	4.29%	0.00%	0.00%

Drawdowns

JHMD vs. EWJV - Drawdown Comparison

The maximum JHMD drawdown since its inception was -35.67%, which is greater than EWJV's maximum drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for JHMD and EWJV.

Drawdown Indicators

	JHMD	EWJV	Difference
Max Drawdown Largest peak-to-trough decline	-35.67%	-30.05%	-5.62%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-14.74%	+3.51%
Max Drawdown (5Y) Largest decline over 5 years	-29.38%	-25.39%	-3.99%
Current Drawdown Current decline from peak	-6.25%	-8.30%	+2.05%
Average Drawdown Average peak-to-trough decline	-6.80%	-6.17%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	4.01%	-1.10%

Volatility

JHMD vs. EWJV - Volatility Comparison

The current volatility for John Hancock Multifactor Developed International ETF (JHMD) is 7.13%, while iShares MSCI Japan Value ETF (EWJV) has a volatility of 8.04%. This indicates that JHMD experiences smaller price fluctuations and is considered to be less risky than EWJV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHMD	EWJV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.13%	8.04%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	10.88%	14.38%	-3.50%
Volatility (1Y) Calculated over the trailing 1-year period	17.53%	21.67%	-4.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.11%	17.92%	-1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.18%	18.51%	-1.33%