JHMM vs. QQQN

Last updated Aug 2, 2026

JHMM (John Hancock Multifactor Mid Cap ETF) and QQQN (VictoryShares Nasdaq Next 50 ETF) are both Mid Cap Growth Equities funds - JHMM tracks the John Hancock Dimensional Mid Cap Index while QQQN tracks the Nasdaq Q-50 Index. Both are passively managed. JHMM charges 0.42%/yr vs 0.18%/yr for QQQN.

Performance

JHMM vs. QQQN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Multifactor Mid Cap ETF (JHMM) and VictoryShares Nasdaq Next 50 ETF (QQQN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JHMM

• 1D: -0.01%
• 1M: -0.44%
• 6M: 8.72%
• YTD: 13.54%
• 1Y: 21.81%
• 3Y*: 14.22%
• 5Y*: 8.30%
• 10Y*: 11.70%
• ALL TIME*: 12.03%

QQQN

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JHMM John Hancock Multifactor Mid Cap ETF	$16.53M	$15.46M	$17.20M
QQQN VictoryShares Nasdaq Next 50 ETF	$0.00	$0.00	$0.00

JHMM vs. QQQN - Yearly Performance Comparison

	2026 (YTD)
JHMM John Hancock Multifactor Mid Cap ETF	7.94%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%

JHMM vs. QQQN - Sectors Allocation Comparison

Sectors	JHMM	QQQN
Financial Services	20.1%	-
Technology	18.1%	47.3%
Industrials	16.4%	8.7%
Healthcare	8.5%	19.9%
Consumer Cyclical	8.3%	13.7%
Real Estate	8.1%	-
Basic Materials	7.4%	1.9%
Consumer Defensive	6.1%	1.4%
Utilities	3.7%	1.6%
Energy	1.8%	-
Communication Services	1.0%	5.5%

Return for Risk

JHMM vs. QQQN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JHMM

JHMM Risk / Return Rank: 64
JHMM Sharpe Ratio Rank: 60
JHMM Sortino Ratio Rank: 61
JHMM Omega Ratio Rank: 57
JHMM Calmar Ratio Rank: 67
JHMM Martin Ratio Rank: 73

QQQN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JHMM vs. QQQN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Mid Cap ETF (JHMM) and VictoryShares Nasdaq Next 50 ETF (QQQN). 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.

	JHMM	QQQN	Difference
Sharpe ratio: Return per unit of total volatility	1.41	—	—
Sortino ratio: Return per unit of downside risk	2.06	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.34	—	—
Martin ratio: Return relative to average drawdown	8.99	—	—

Drawdowns

JHMM vs. QQQN - Drawdown Comparison

The maximum JHMM drawdown since its inception was -40.71%, which is greater than QQQN's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JHMM and QQQN.

Drawdown Indicators

	JHMM	QQQN	Difference
Max Drawdown Largest peak-to-trough decline	-40.71%	0.00%	-40.71%
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	-1.20%	0.00%	-1.20%
Average Drawdown Average peak-to-trough decline	-5.37%	0.00%	-5.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	—	—

Volatility

Volatility by Period

	JHMM	QQQN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	0.00%	+14.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.30%	0.00%	+18.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	0.00%	+19.54%

JHMM vs. QQQN - Expense Ratio Comparison

JHMM has a 0.42% expense ratio, which is higher than QQQN's 0.18% expense ratio.

Dividends

JHMM vs. QQQN - Dividend Comparison

JHMM's dividend yield for the trailing twelve months is around 0.89%, while QQQN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHMM John Hancock Multifactor Mid Cap ETF	0.89%	0.98%	1.01%	1.17%	1.16%	0.72%	1.04%	1.02%	1.36%	0.90%	1.15%	0.33%
QQQN VictoryShares Nasdaq Next 50 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%

Frequently Asked Questions

Which ETF is better, JHMM or QQQN?

On fees, QQQN is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JHMM or QQQN?

QQQN is cheaper with a 0.18% expense ratio, compared with 0.42% for JHMM.

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

JHMM has the higher dividend yield at 0.89%, compared with 0.00% for QQQN.

What is the main difference between JHMM and QQQN?

JHMM tracks John Hancock Dimensional Mid Cap Index, while QQQN tracks Nasdaq Q-50 Index. They also come from different issuers: Manulife and VictoryShares. Their fees differ too: 0.42% for JHMM and 0.18% for QQQN.