JHPI vs. SCHD
Compare and contrast key facts about John Hancock Preferred Income ETF (JHPI) and Schwab US Dividend Equity ETF (SCHD).
JHPI and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHPI is an actively managed fund by John Hancock. It was launched on Dec 14, 2021. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHPI or SCHD.
Correlation
The correlation between JHPI and SCHD is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JHPI vs. SCHD - Performance Comparison
Key characteristics
JHPI:
2.52
SCHD:
1.15
JHPI:
3.71
SCHD:
1.70
JHPI:
1.47
SCHD:
1.20
JHPI:
3.20
SCHD:
1.63
JHPI:
17.03
SCHD:
5.55
JHPI:
0.63%
SCHD:
2.33%
JHPI:
4.27%
SCHD:
11.24%
JHPI:
-13.45%
SCHD:
-33.37%
JHPI:
-1.62%
SCHD:
-6.45%
Returns By Period
In the year-to-date period, JHPI achieves a 10.57% return, which is significantly lower than SCHD's 11.86% return.
JHPI
10.57%
-0.95%
4.58%
10.76%
N/A
N/A
SCHD
11.86%
-5.88%
6.68%
12.28%
11.08%
10.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JHPI vs. SCHD - Expense Ratio Comparison
JHPI has a 0.54% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
JHPI vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Preferred Income ETF (JHPI) and Schwab US Dividend Equity ETF (SCHD). 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
JHPI vs. SCHD - Dividend Comparison
JHPI's dividend yield for the trailing twelve months is around 6.29%, more than SCHD's 3.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHPI John Hancock Preferred Income ETF | 6.29% | 6.44% | 6.27% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.63% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
JHPI vs. SCHD - Drawdown Comparison
The maximum JHPI drawdown since its inception was -13.45%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for JHPI and SCHD. For additional features, visit the drawdowns tool.
Volatility
JHPI vs. SCHD - Volatility Comparison
The current volatility for John Hancock Preferred Income ETF (JHPI) is 1.13%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.40%. This indicates that JHPI experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.