JHMM vs. BBHM

Last updated Jun 3, 2026

JHMM (John Hancock Multifactor Mid Cap ETF) and BBHM (BBH Select Mid Cap ETF) are both Mid Cap Growth Equities funds - JHMM tracks the John Hancock Dimensional Mid Cap Index while BBHM tracks the Actively Managed. Both are passively managed. Their correlation of 0.86 suggests significant overlap in exposure. JHMM charges 0.42%/yr vs 0.81%/yr for BBHM.

Performance

JHMM vs. BBHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Multifactor Mid Cap ETF (JHMM) and BBH Select Mid Cap ETF (BBHM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHMM achieves a 12.87% return, which is significantly higher than BBHM's 2.14% return.

JHMM

• 1D: 1.01%
• 1M: 2.92%
• YTD: 12.87%
• 6M: 14.13%
• 1Y: 26.43%
• 3Y*: 17.11%
• 5Y*: 8.57%
• 10Y*: 11.91%

BBHM

• 1D: 0.28%
• 1M: -2.79%
• YTD: 2.14%
• 6M: 0.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JHMM vs. BBHM - Yearly Performance Comparison

	2026 (YTD)	2025
JHMM John Hancock Multifactor Mid Cap ETF	12.87%	4.74%
BBHM BBH Select Mid Cap ETF	2.14%	2.74%

Correlation

The correlation between JHMM and BBHM is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.86

Return for Risk

JHMM vs. BBHM — Risk / Return Rank

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

JHMM

JHMM Risk / Return Rank: 57
JHMM Sharpe Ratio Rank: 54
JHMM Sortino Ratio Rank: 56
JHMM Omega Ratio Rank: 52
JHMM Calmar Ratio Rank: 61
JHMM Martin Ratio Rank: 64

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.

JHMM vs. BBHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Mid Cap ETF (JHMM) and BBH Select Mid Cap ETF (BBHM). 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.

	JHMM	BBHM	Difference
Sharpe ratio Return per unit of total volatility	1.88	—	—
Sortino ratio Return per unit of downside risk	2.69	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	3.06	—	—
Martin ratio Return relative to average drawdown	11.85	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JHMM	BBHM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.54	+0.09

Drawdowns

JHMM vs. BBHM - Drawdown Comparison

The maximum JHMM drawdown since its inception was -40.71%, which is greater than BBHM's maximum drawdown of -9.78%. Use the drawdown chart below to compare losses from any high point for JHMM and BBHM.

Drawdown Indicators

	JHMM	BBHM	Difference
Max Drawdown Largest peak-to-trough decline	-40.71%	-9.78%	-30.93%
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.10%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.71%	—	—
Current Drawdown Current decline from peak	0.00%	-4.95%	+4.95%
Average Drawdown Average peak-to-trough decline	-5.44%	-2.69%	-2.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	—	—

Volatility

Volatility by Period

	JHMM	BBHM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.11%	17.52%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.32%	17.52%	+0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.60%	17.52%	+2.08%

JHMM vs. BBHM - Expense Ratio Comparison

JHMM has a 0.42% expense ratio, which is lower than BBHM's 0.81% expense ratio.

Dividends

JHMM vs. BBHM - Dividend Comparison

JHMM's dividend yield for the trailing twelve months is around 0.87%, while BBHM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBHM BBH Select Mid Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JHMM John Hancock Multifactor Mid Cap ETF	0.87%	0.98%	1.01%	1.17%	1.16%	0.72%	1.04%	1.02%	1.36%	0.90%	1.15%	0.33%

Frequently Asked Questions

Can I hold both JHMM and BBHM in my portfolio?

JHMM and BBHM have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JHMM or BBHM?

On fees, JHMM is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JHMM or BBHM?

JHMM is cheaper with a 0.42% expense ratio, compared with 0.81% for BBHM.

Which ETF pays a higher dividend yield, JHMM or BBHM?

JHMM has the higher dividend yield at 0.87%, compared with 0.00% for BBHM.

What is the main difference between JHMM and BBHM?

JHMM tracks John Hancock Dimensional Mid Cap Index, while BBHM tracks Actively Managed. They also come from different issuers: Manulife and BBH. Their fees differ too: 0.42% for JHMM and 0.81% for BBHM.