JHMM vs. SFYX

Last updated Apr 2, 2026

Compare and contrast key facts about John Hancock Multifactor Mid Cap ETF (JHMM) and SoFi Next 500 ETF (SFYX).

JHMM and SFYX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHMM is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Mid Cap Index. It was launched on Sep 28, 2015. SFYX is a passively managed fund by Toroso Investments that tracks the performance of the Solactive SoFi US Next 500 Growth Index. It was launched on Apr 11, 2019. Both JHMM and SFYX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JHMM vs. SFYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Multifactor Mid Cap ETF (JHMM) and SoFi Next 500 ETF (SFYX). The values are adjusted to include any dividend payments, if applicable.

JHMM vs. SFYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JHMM John Hancock Multifactor Mid Cap ETF	3.12%	10.73%	14.61%	14.53%	-15.30%	24.54%	16.22%	9.48%
SFYX SoFi Next 500 ETF	5.66%	14.25%	14.45%	17.70%	-22.88%	18.89%	17.63%	6.95%

Returns By Period

JHMM

• 1D: 0.60%
• 1M: -5.20%
• YTD: 3.12%
• 6M: 4.94%
• 1Y: 18.73%
• 3Y*: 13.36%
• 5Y*: 7.39%
• 10Y*: 11.17%

SFYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JHMM vs. SFYX - Expense Ratio Comparison

JHMM has a 0.42% expense ratio, which is higher than SFYX's 0.00% expense ratio.

JHMM

John Hancock Multifactor Mid Cap ETF

SFYX

SoFi Next 500 ETF

Return for Risk

JHMM vs. SFYX — Risk / Return Rank

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

JHMM

JHMM Risk / Return Rank: 53
JHMM Sharpe Ratio Rank: 51
JHMM Sortino Ratio Rank: 53
JHMM Omega Ratio Rank: 52
JHMM Calmar Ratio Rank: 51
JHMM Martin Ratio Rank: 59

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. SFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Mid Cap ETF (JHMM) and SoFi Next 500 ETF (SFYX). 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	SFYX	Difference
Sharpe ratio Return per unit of total volatility	0.96	—	—
Sortino ratio Return per unit of downside risk	1.46	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.40	—	—
Martin ratio Return relative to average drawdown	6.22	—	—
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	SFYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	—	—

Correlation

The correlation between JHMM and SFYX is 0.94, 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

JHMM vs. SFYX - Dividend Comparison

JHMM's dividend yield for the trailing twelve months is around 0.95%, less than SFYX's 1.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHMM John Hancock Multifactor Mid Cap ETF	0.95%	0.98%	1.01%	1.17%	1.16%	0.72%	1.04%	1.02%	1.36%	0.90%	1.15%	0.33%
SFYX SoFi Next 500 ETF	1.36%	1.44%	1.25%	1.51%	1.56%	0.90%	1.16%	1.02%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	JHMM	SFYX	Difference
Max Drawdown Largest peak-to-trough decline	-40.71%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.57%	—	—
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	-5.58%	—	—
Average Drawdown Average peak-to-trough decline	-5.50%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	—	—

Volatility

Volatility by Period

	JHMM	SFYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.30%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.57%	—	—