JHMU vs. VPU
Compare and contrast key facts about John Hancock Dynamic Municipal Bond ETF (JHMU) and Vanguard Utilities ETF (VPU).
JHMU and VPU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHMU is a passively managed fund by John Hancock that tracks the performance of the John Hancock Dimensional Utilities Index. It was launched on Nov 1, 2023. VPU is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Utilities 25/50 Index. It was launched on Jan 26, 2004. Both JHMU and VPU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHMU or VPU.
Correlation
The correlation between JHMU and VPU is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JHMU vs. VPU - Performance Comparison
Key characteristics
JHMU:
0.43
VPU:
1.05
JHMU:
0.69
VPU:
1.64
JHMU:
1.10
VPU:
1.22
JHMU:
0.54
VPU:
1.91
JHMU:
1.75
VPU:
4.83
JHMU:
1.38%
VPU:
4.06%
JHMU:
4.74%
VPU:
16.73%
JHMU:
-4.48%
VPU:
-46.31%
JHMU:
-2.62%
VPU:
-1.74%
Returns By Period
In the year-to-date period, JHMU achieves a -0.68% return, which is significantly lower than VPU's 6.87% return.
JHMU
-0.68%
1.27%
-0.15%
2.01%
N/A
N/A
VPU
6.87%
9.49%
4.96%
17.35%
10.49%
9.67%
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JHMU vs. VPU - Expense Ratio Comparison
JHMU has a 0.39% expense ratio, which is higher than VPU's 0.10% expense ratio.
Risk-Adjusted Performance
JHMU vs. VPU — Risk-Adjusted Performance Rank
JHMU
VPU
JHMU vs. VPU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Dynamic Municipal Bond ETF (JHMU) and Vanguard Utilities ETF (VPU). 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.
Dividends
JHMU vs. VPU - Dividend Comparison
JHMU's dividend yield for the trailing twelve months is around 7.90%, more than VPU's 2.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHMU John Hancock Dynamic Municipal Bond ETF | 7.90% | 7.29% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VPU Vanguard Utilities ETF | 2.92% | 3.02% | 3.49% | 2.98% | 2.70% | 3.17% | 2.83% | 3.23% | 3.18% | 3.19% | 3.63% | 3.02% |
Drawdowns
JHMU vs. VPU - Drawdown Comparison
The maximum JHMU drawdown since its inception was -4.48%, smaller than the maximum VPU drawdown of -46.31%. Use the drawdown chart below to compare losses from any high point for JHMU and VPU. For additional features, visit the drawdowns tool.
Volatility
JHMU vs. VPU - Volatility Comparison
The current volatility for John Hancock Dynamic Municipal Bond ETF (JHMU) is 1.98%, while Vanguard Utilities ETF (VPU) has a volatility of 6.00%. This indicates that JHMU experiences smaller price fluctuations and is considered to be less risky than VPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.