JHSC vs. CALF
Compare and contrast key facts about John Hancock Multifactor Small Cap ETF (JHSC) and Pacer US Small Cap Cash Cows 100 ETF (CALF).
JHSC and CALF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHSC is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Small Cap Index. It was launched on Nov 8, 2017. CALF is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer US Small Cap Cash Cows Index. It was launched on Jun 16, 2017. Both JHSC and CALF 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: JHSC or CALF.
Key characteristics
| JHSC | CALF | |
|---|---|---|
| YTD Return | 0.39% | -2.52% |
| 1Y Return | 19.02% | 29.22% |
| 3Y Return (Ann) | 2.24% | 5.52% |
| 5Y Return (Ann) | 7.67% | 14.25% |
| Sharpe Ratio | 0.95 | 1.26 |
| Daily Std Dev | 17.46% | 20.06% |
| Max Drawdown | -42.66% | -47.58% |
| Current Drawdown | -4.70% | -4.92% |
Correlation
The correlation between JHSC and CALF is 0.89, 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.
Performance
JHSC vs. CALF - Performance Comparison
In the year-to-date period, JHSC achieves a 0.39% return, which is significantly higher than CALF's -2.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JHSC vs. CALF - Expense Ratio Comparison
JHSC has a 0.42% expense ratio, which is lower than CALF's 0.59% expense ratio.
Risk-Adjusted Performance
JHSC vs. CALF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Small Cap ETF (JHSC) and Pacer US Small Cap Cash Cows 100 ETF (CALF). 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
JHSC vs. CALF - Dividend Comparison
JHSC's dividend yield for the trailing twelve months is around 0.97%, less than CALF's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
JHSC John Hancock Multifactor Small Cap ETF | 0.97% | 0.98% | 1.13% | 1.08% | 1.12% | 1.14% | 1.09% | 0.00% |
CALF Pacer US Small Cap Cash Cows 100 ETF | 1.11% | 1.18% | 0.85% | 2.63% | 0.82% | 0.99% | 1.39% | 0.70% |
Drawdowns
JHSC vs. CALF - Drawdown Comparison
The maximum JHSC drawdown since its inception was -42.66%, smaller than the maximum CALF drawdown of -47.58%. Use the drawdown chart below to compare losses from any high point for JHSC and CALF. For additional features, visit the drawdowns tool.
Volatility
JHSC vs. CALF - Volatility Comparison
The current volatility for John Hancock Multifactor Small Cap ETF (JHSC) is 5.15%, while Pacer US Small Cap Cash Cows 100 ETF (CALF) has a volatility of 5.78%. This indicates that JHSC experiences smaller price fluctuations and is considered to be less risky than CALF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.