JHML vs. SPIT
JHML (John Hancock Multifactor Large Cap ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. JHML is passively managed, while SPIT is actively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. JHML charges 0.29%/yr vs 0.89%/yr for SPIT.
Performance
JHML vs. SPIT - Performance Comparison
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Returns By Period
In the year-to-date period, JHML achieves a 15.20% return, which is significantly lower than SPIT's 30.99% return.
JHML
- 1D
- 1.67%
- 1M
- 3.07%
- 6M
- 12.51%
- YTD
- 15.20%
- 1Y
- 23.94%
- 3Y*
- 19.61%
- 5Y*
- 11.75%
- 10Y*
- 14.12%
- ALL TIME*
- 14.37%
SPIT
- 1D
- 3.20%
- 1M
- -0.04%
- 6M
- 20.96%
- YTD
- 30.99%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.89M | $3.02M | $2.56M | |
| $212.48K | $267.82K | $195.32K |
JHML vs. SPIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JHML John Hancock Multifactor Large Cap ETF | 15.20% | 1.98% |
SPIT F/m Emerald Special Situations ETF | 30.99% | 5.31% |
Correlation
The correlation between JHML and SPIT is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025 | 0.77 |
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Return for Risk
JHML vs. SPIT — Risk / Return Rank
JHML
SPIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JHML vs. SPIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Large Cap ETF (JHML) and F/m Emerald Special Situations ETF (SPIT). 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.
| JHML | SPIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | — | — |
| Martin ratioReturn relative to average drawdown | 13.63 | — | — |
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Drawdowns
JHML vs. SPIT - Drawdown Comparison
The maximum JHML drawdown since its inception was -36.13%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for JHML and SPIT.
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Drawdown Indicators
| JHML | SPIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.13% | -12.49% | -23.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.20% | — | — |
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 | 0.00% | -2.69% | +2.69% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -2.87% | -1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | — | — |
Volatility
JHML vs. SPIT - Volatility Comparison
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Volatility by Period
| JHML | SPIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.16% | 26.75% | -14.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.36% | 26.75% | -10.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.75% | 26.75% | -9.00% |
JHML vs. SPIT - Expense Ratio Comparison
JHML has a 0.29% expense ratio, which is lower than SPIT's 0.89% expense ratio.
Dividends
JHML vs. SPIT - Dividend Comparison
JHML's dividend yield for the trailing twelve months is around 0.93%, less than SPIT's 5.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHML John Hancock Multifactor Large Cap ETF | 0.93% | 1.06% | 1.16% | 1.39% | 1.46% | 1.08% | 1.59% | 1.73% | 1.57% | 1.44% | 1.36% | 0.38% |
SPIT F/m Emerald Special Situations ETF | 5.48% | 7.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JHML and SPIT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JHML is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JHML is cheaper with a 0.29% expense ratio, compared with 0.89% for SPIT.
SPIT has the higher dividend yield at 5.48%, compared with 0.93% for JHML.
They also come from different issuers: Manulife and F/m. Their fees differ too: 0.29% for JHML and 0.89% for SPIT.
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