VOO vs. JHMU
Compare and contrast key facts about Vanguard S&P 500 ETF (VOO) and John Hancock Dynamic Municipal Bond ETF (JHMU).
VOO and JHMU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. 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. Both VOO and JHMU 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: VOO or JHMU.
Correlation
The correlation between VOO and JHMU 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
VOO vs. JHMU - Performance Comparison
Key characteristics
VOO:
0.56
JHMU:
0.43
VOO:
0.92
JHMU:
0.69
VOO:
1.13
JHMU:
1.10
VOO:
0.58
JHMU:
0.54
VOO:
2.25
JHMU:
1.75
VOO:
4.83%
JHMU:
1.38%
VOO:
19.11%
JHMU:
4.74%
VOO:
-33.99%
JHMU:
-4.48%
VOO:
-7.55%
JHMU:
-2.62%
Returns By Period
In the year-to-date period, VOO achieves a -3.28% return, which is significantly lower than JHMU's -0.68% return.
VOO
-3.28%
13.71%
-4.52%
10.70%
15.89%
12.40%
JHMU
-0.68%
1.27%
-0.15%
2.01%
N/A
N/A
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VOO vs. JHMU - Expense Ratio Comparison
VOO has a 0.03% expense ratio, which is lower than JHMU's 0.39% expense ratio.
Risk-Adjusted Performance
VOO vs. JHMU — Risk-Adjusted Performance Rank
VOO
JHMU
VOO vs. JHMU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 ETF (VOO) and John Hancock Dynamic Municipal Bond ETF (JHMU). 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
VOO vs. JHMU - Dividend Comparison
VOO's dividend yield for the trailing twelve months is around 1.34%, less than JHMU's 7.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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% |
Drawdowns
VOO vs. JHMU - Drawdown Comparison
The maximum VOO drawdown since its inception was -33.99%, which is greater than JHMU's maximum drawdown of -4.48%. Use the drawdown chart below to compare losses from any high point for VOO and JHMU. For additional features, visit the drawdowns tool.
Volatility
VOO vs. JHMU - Volatility Comparison
Vanguard S&P 500 ETF (VOO) has a higher volatility of 11.03% compared to John Hancock Dynamic Municipal Bond ETF (JHMU) at 1.98%. This indicates that VOO's price experiences larger fluctuations and is considered to be riskier than JHMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.