MDIJX vs. JHMD

Last updated Apr 2, 2026

Compare and contrast key facts about MFS International Diversification Fund (MDIJX) and John Hancock Multifactor Developed International ETF (JHMD).

MDIJX is managed by MFS. It was launched on Sep 30, 2004. JHMD is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Developed International Index. It was launched on Dec 15, 2016.

Performance

MDIJX vs. JHMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS International Diversification Fund (MDIJX) and John Hancock Multifactor Developed International ETF (JHMD). The values are adjusted to include any dividend payments, if applicable.

MDIJX vs. JHMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MDIJX MFS International Diversification Fund	-0.22%	27.84%	6.41%	14.37%	-17.12%	7.69%	15.26%	26.00%	-11.05%	30.29%
JHMD John Hancock Multifactor Developed International ETF	3.71%	33.91%	1.78%	19.43%	-13.95%	11.83%	7.25%	19.83%	-14.54%	25.02%

Returns By Period

In the year-to-date period, MDIJX achieves a -0.22% return, which is significantly lower than JHMD's 3.71% return.

MDIJX

• 1D: 2.55%
• 1M: -7.39%
• YTD: -0.22%
• 6M: 2.92%
• 1Y: 19.95%
• 3Y*: 13.01%
• 5Y*: 6.11%
• 10Y*: 9.18%

JHMD

• 1D: 1.65%
• 1M: -4.12%
• YTD: 3.71%
• 6M: 8.68%
• 1Y: 27.18%
• 3Y*: 15.71%
• 5Y*: 8.99%
• 10Y*: —

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

MDIJX vs. JHMD - Expense Ratio Comparison

MDIJX has a 0.82% expense ratio, which is higher than JHMD's 0.39% expense ratio.

MDIJX

MFS International Diversification Fund

JHMD

John Hancock Multifactor Developed International ETF

Return for Risk

MDIJX vs. JHMD — Risk / Return Rank

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

MDIJX

MDIJX Risk / Return Rank: 74
MDIJX Sharpe Ratio Rank: 79
MDIJX Sortino Ratio Rank: 76
MDIJX Omega Ratio Rank: 75
MDIJX Calmar Ratio Rank: 71
MDIJX Martin Ratio Rank: 69

JHMD

JHMD Risk / Return Rank: 80
JHMD Sharpe Ratio Rank: 79
JHMD Sortino Ratio Rank: 82
JHMD Omega Ratio Rank: 79
JHMD Calmar Ratio Rank: 80
JHMD Martin Ratio Rank: 79

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.

MDIJX vs. JHMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS International Diversification Fund (MDIJX) and John Hancock Multifactor Developed International ETF (JHMD). 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.

	MDIJX	JHMD	Difference
Sharpe ratio Return per unit of total volatility	1.48	1.56	-0.08
Sortino ratio Return per unit of downside risk	1.96	2.23	-0.27
Omega ratio Gain probability vs. loss probability	1.29	1.32	-0.02
Calmar ratio Return relative to maximum drawdown	1.70	2.44	-0.74
Martin ratio Return relative to average drawdown	6.69	9.41	-2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MDIJX vs. JHMD - Sharpe Ratio Comparison

The current MDIJX Sharpe Ratio is 1.48, which is comparable to the JHMD Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of MDIJX and JHMD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MDIJX	JHMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	1.56	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.56	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.53	-0.08

Correlation

The correlation between MDIJX and JHMD 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.

Dividends

MDIJX vs. JHMD - Dividend Comparison

MDIJX's dividend yield for the trailing twelve months is around 5.18%, more than JHMD's 3.08% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDIJX MFS International Diversification Fund	5.18%	5.17%	3.50%	4.14%	2.64%	2.70%	1.64%	2.50%	3.14%	1.63%	2.18%	1.69%
JHMD John Hancock Multifactor Developed International ETF	3.08%	3.19%	3.55%	3.01%	2.85%	3.22%	1.89%	3.19%	2.09%	2.27%	0.00%	0.00%

Drawdowns

MDIJX vs. JHMD - Drawdown Comparison

The maximum MDIJX drawdown since its inception was -56.60%, which is greater than JHMD's maximum drawdown of -35.67%. Use the drawdown chart below to compare losses from any high point for MDIJX and JHMD.

Drawdown Indicators

	MDIJX	JHMD	Difference
Max Drawdown Largest peak-to-trough decline	-56.60%	-35.67%	-20.93%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	-11.23%	-0.17%
Max Drawdown (5Y) Largest decline over 5 years	-30.19%	-29.38%	-0.81%
Max Drawdown (10Y) Largest decline over 10 years	-30.19%	—	—
Current Drawdown Current decline from peak	-9.03%	-6.25%	-2.78%
Average Drawdown Average peak-to-trough decline	-9.14%	-6.80%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	2.91%	-0.01%

Volatility

MDIJX vs. JHMD - Volatility Comparison

The current volatility for MFS International Diversification Fund (MDIJX) is 6.30%, while John Hancock Multifactor Developed International ETF (JHMD) has a volatility of 7.13%. This indicates that MDIJX experiences smaller price fluctuations and is considered to be less risky than JHMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDIJX	JHMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.30%	7.13%	-0.83%
Volatility (6M) Calculated over the trailing 6-month period	9.37%	10.88%	-1.51%
Volatility (1Y) Calculated over the trailing 1-year period	13.99%	17.53%	-3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.09%	16.11%	-2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.64%	17.18%	-2.54%