JHML vs. VSDA

Last updated Jun 4, 2026

JHML (John Hancock Multifactor Large Cap ETF) and VSDA (VictoryShares Dividend Accelerator ETF) are both Large Cap Growth Equities funds - JHML tracks the John Hancock Dimensional Large Cap Index while VSDA tracks the Nasdaq Victory Dividend Accelerator Index. Both are passively managed. Over the past 5 years, JHML returned 11.88%/yr vs 6.69%/yr for VSDA. A 0.76 correlation means they provide meaningful diversification when combined. JHML charges 0.29%/yr vs 0.35%/yr for VSDA.

Performance

JHML vs. VSDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Multifactor Large Cap ETF (JHML) and VictoryShares Dividend Accelerator ETF (VSDA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHML achieves a 11.62% return, which is significantly higher than VSDA's 4.72% return.

JHML

• 1D: -0.45%
• 1M: 4.79%
• YTD: 11.62%
• 6M: 11.80%
• 1Y: 26.67%
• 3Y*: 20.37%
• 5Y*: 11.88%
• 10Y*: 14.24%

VSDA

• 1D: 0.04%
• 1M: 0.21%
• YTD: 4.72%
• 6M: 4.63%
• 1Y: 10.40%
• 3Y*: 9.81%
• 5Y*: 6.69%
• 10Y*: —

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

JHML vs. VSDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JHML John Hancock Multifactor Large Cap ETF	11.62%	15.91%	19.84%	21.16%	-15.94%	26.90%	17.02%	30.94%	-6.45%	15.57%
VSDA VictoryShares Dividend Accelerator ETF	4.72%	6.67%	9.40%	8.74%	-4.42%	21.95%	12.72%	31.39%	-1.40%	14.27%

Correlation

The correlation between JHML and VSDA is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Apr 19, 2017	0.76

The correlation between JHML and VSDA shifts across timeframes, from 0.64 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.

JHML vs. VSDA - Sectors Allocation Comparison

Sectors	JHML	VSDA
Technology	27.8%	4.7%
Financial Services	13.8%	21.0%
Industrials	12.2%	16.8%
Consumer Cyclical	10.3%	5.1%
Healthcare	9.0%	7.6%
Communication Services	8.4%	0.1%
Consumer Defensive	5.1%	31.5%
Energy	4.3%	2.5%
Utilities	4.0%	2.7%
Basic Materials	2.8%	8.0%
Real Estate	2.4%	0.0%

Return for Risk

JHML vs. VSDA — Risk / Return Rank

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

JHML

JHML Risk / Return Rank: 72
JHML Sharpe Ratio Rank: 71
JHML Sortino Ratio Rank: 72
JHML Omega Ratio Rank: 71
JHML Calmar Ratio Rank: 68
JHML Martin Ratio Rank: 80

VSDA

VSDA Risk / Return Rank: 24
VSDA Sharpe Ratio Rank: 26
VSDA Sortino Ratio Rank: 26
VSDA Omega Ratio Rank: 23
VSDA Calmar Ratio Rank: 24
VSDA Martin Ratio Rank: 22

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.

JHML vs. VSDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Large Cap ETF (JHML) and VictoryShares Dividend Accelerator ETF (VSDA). 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	VSDA	Difference
Sharpe ratio: Return per unit of total volatility	2.34	0.93	+1.41
Sortino ratio: Return per unit of downside risk	3.28	1.44	+1.84
Omega ratio: Gain probability vs. loss probability	1.42	1.16	+0.26
Calmar ratio: Return relative to maximum drawdown	3.37	1.11	+2.26
Martin ratio: Return relative to average drawdown	15.61	2.84	+12.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHML vs. VSDA - Sharpe Ratio Comparison

The current JHML Sharpe Ratio is 2.34, which is higher than the VSDA Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of JHML and VSDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JHML	VSDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	0.93	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.48	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.66	+0.15

Drawdowns

JHML vs. VSDA - Drawdown Comparison

The maximum JHML drawdown since its inception was -36.13%, which is greater than VSDA's maximum drawdown of -32.12%. Use the drawdown chart below to compare losses from any high point for JHML and VSDA.

Drawdown Indicators

	JHML	VSDA	Difference
Max Drawdown Largest peak-to-trough decline	-36.13%	-32.12%	-4.01%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-9.44%	+1.49%
Max Drawdown (3Y) Largest decline over 3 years	-18.20%	-15.54%	-2.66%
Max Drawdown (5Y) Largest decline over 5 years	-23.47%	-16.14%	-7.33%
Max Drawdown (10Y) Largest decline over 10 years	-36.13%	—	—
Current Drawdown Current decline from peak	-0.45%	-6.28%	+5.83%
Average Drawdown Average peak-to-trough decline	-4.29%	-3.64%	-0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	3.67%	-1.96%

Volatility

JHML vs. VSDA - Volatility Comparison

John Hancock Multifactor Large Cap ETF (JHML) and VictoryShares Dividend Accelerator ETF (VSDA) have volatilities of 2.84% and 2.84%, 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.

Volatility by Period

	JHML	VSDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	2.84%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	8.70%	8.12%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	11.48%	11.23%	+0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.29%	14.03%	+2.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.76%	16.59%	+1.17%

JHML vs. VSDA - Expense Ratio Comparison

JHML has a 0.29% expense ratio, which is lower than VSDA's 0.35% expense ratio.

Dividends

JHML vs. VSDA - Dividend Comparison

JHML's dividend yield for the trailing twelve months is around 0.95%, less than VSDA's 2.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHML John Hancock Multifactor Large Cap ETF	0.95%	1.06%	1.16%	1.39%	1.46%	1.08%	1.59%	1.73%	1.57%	1.44%	1.36%	0.38%
VSDA VictoryShares Dividend Accelerator ETF	2.61%	2.65%	2.36%	1.92%	1.83%	1.40%	1.49%	1.36%	1.69%	1.23%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JHML and VSDA in my portfolio?

JHML and VSDA have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHML or VSDA?

VSDA has higher volatility (2.84%) compared to JHML (2.84%). In terms of maximum drawdown, JHML dropped -36.13% vs VSDA's -32.12%.

Which ETF is better, JHML or VSDA?

On 5-year performance, JHML leads with 11.88% vs 6.69% for VSDA. On fees, JHML is cheaper at 0.29% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JHML or VSDA?

Over the 5-year period, JHML has performed better with a 11.88% return vs 6.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JHML or VSDA?

JHML is cheaper with a 0.29% expense ratio, compared with 0.35% for VSDA.

Which ETF pays a higher dividend yield, JHML or VSDA?

VSDA has the higher dividend yield at 2.61%, compared with 0.95% for JHML.

What is the main difference between JHML and VSDA?

JHML tracks John Hancock Dimensional Large Cap Index, while VSDA tracks Nasdaq Victory Dividend Accelerator Index. They also come from different issuers: Manulife and Crestview. Their fees differ too: 0.29% for JHML and 0.35% for VSDA.

Which has better risk-adjusted returns?

JHML currently has the higher Sharpe Ratio (2.34 vs 0.93), 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.