JHML vs. JHDV
Compare and contrast key facts about John Hancock Multifactor Large Cap ETF (JHML) and John Hancock U.S. High Dividend ETF (JHDV).
JHML and JHDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHML is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Large Cap Index. It was launched on Sep 28, 2015. JHDV is an actively managed fund by John Hancock. It was launched on Sep 27, 2022.
Performance
JHML vs. JHDV - Performance Comparison
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JHML vs. JHDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JHML John Hancock Multifactor Large Cap ETF | -1.98% | 15.91% | 19.84% | 21.16% | 5.83% |
JHDV John Hancock U.S. High Dividend ETF | 1.16% | 14.76% | 20.25% | 15.99% | 6.99% |
Returns By Period
In the year-to-date period, JHML achieves a -1.98% return, which is significantly lower than JHDV's 1.16% return.
JHML
- 1D
- 2.77%
- 1M
- -4.99%
- YTD
- -1.98%
- 6M
- 0.45%
- 1Y
- 17.37%
- 3Y*
- 16.19%
- 5Y*
- 10.17%
- 10Y*
- 12.92%
JHDV
- 1D
- 2.42%
- 1M
- -4.63%
- YTD
- 1.16%
- 6M
- 2.03%
- 1Y
- 18.59%
- 3Y*
- 16.30%
- 5Y*
- —
- 10Y*
- —
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JHML vs. JHDV - Expense Ratio Comparison
JHML has a 0.29% expense ratio, which is lower than JHDV's 0.34% expense ratio.
Return for Risk
JHML vs. JHDV — Risk / Return Rank
JHML
JHDV
JHML vs. JHDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Large Cap ETF (JHML) and John Hancock U.S. High Dividend ETF (JHDV). 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.
| JHML | JHDV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.05 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.51 | 1.55 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.49 | -0.05 |
Martin ratioReturn relative to average drawdown | 7.24 | 7.07 | +0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JHML | JHDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.05 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 1.08 | -0.33 |
Correlation
The correlation between JHML and JHDV is 0.96, 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
JHML vs. JHDV - Dividend Comparison
JHML's dividend yield for the trailing twelve months is around 1.08%, less than JHDV's 2.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHML John Hancock Multifactor Large Cap ETF | 1.08% | 1.06% | 1.16% | 1.39% | 1.46% | 1.08% | 1.59% | 1.73% | 1.57% | 1.44% | 1.36% | 0.38% |
JHDV John Hancock U.S. High Dividend ETF | 2.33% | 2.40% | 2.50% | 2.77% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JHML vs. JHDV - Drawdown Comparison
The maximum JHML drawdown since its inception was -36.13%, which is greater than JHDV's maximum drawdown of -18.97%. Use the drawdown chart below to compare losses from any high point for JHML and JHDV.
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Drawdown Indicators
| JHML | JHDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.13% | -18.97% | -17.16% |
Max Drawdown (1Y)Largest decline over 1 year | -12.49% | -13.22% | +0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -23.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.13% | — | — |
Current DrawdownCurrent decline from peak | -5.40% | -6.03% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -2.71% | -1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 2.79% | -0.30% |
Volatility
JHML vs. JHDV - Volatility Comparison
John Hancock Multifactor Large Cap ETF (JHML) and John Hancock U.S. High Dividend ETF (JHDV) have volatilities of 5.13% and 4.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHML | JHDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 4.93% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 9.12% | 9.34% | -0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.58% | 17.86% | -0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.30% | 15.86% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.75% | 15.86% | +1.89% |