PDT vs. VEIRX
PDT (John Hancock Premium Dividend Fund) and VEIRX (Vanguard Equity Income Fund Admiral Shares) are both Dividend funds. Over the past 10 years, PDT returned 5.55%/yr vs 11.87%/yr for VEIRX. Their 0.39 correlation means their historical movements had little consistent relationship. PDT charges 5.06%/yr vs 0.19%/yr for VEIRX.
Performance
PDT vs. VEIRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PDT achieves a 6.22% return, which is significantly lower than VEIRX's 11.85% return. Over the past 10 years, PDT has underperformed VEIRX with an annualized return of 5.55%, while VEIRX has yielded a comparatively higher 11.87% annualized return.
PDT
- 1D
- 0.00%
- 1M
- 0.37%
- 6M
- 2.86%
- YTD
- 6.22%
- 1Y
- 4.26%
- 3Y*
- 14.53%
- 5Y*
- 2.58%
- 10Y*
- 5.55%
- ALL TIME*
- 6.68%
VEIRX
- 1D
- -0.01%
- 1M
- 1.91%
- 6M
- 7.76%
- YTD
- 11.85%
- 1Y
- 23.30%
- 3Y*
- 15.64%
- 5Y*
- 11.73%
- 10Y*
- 11.87%
- ALL TIME*
- 9.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.53M | $1.45M | $1.60M | |
| $0.00 | $0.00 | $0.00 |
PDT vs. VEIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDT John Hancock Premium Dividend Fund | 6.22% | 7.64% | 29.92% | -9.55% | -16.30% | 25.98% | -14.20% | 39.29% | -12.49% | 21.22% |
VEIRX Vanguard Equity Income Fund Admiral Shares | 11.85% | 17.25% | 14.91% | 7.76% | -0.08% | 25.49% | 3.08% | 25.34% | -5.68% | 17.68% |
Correlation
The correlation between PDT and VEIRX is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2001 | 0.39 |
The correlation between PDT and VEIRX shifts across timeframes, from 0.39 (all time) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PDT vs. VEIRX — Risk / Return Rank
PDT
VEIRX
PDT vs. VEIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Premium Dividend Fund (PDT) and Vanguard Equity Income Fund Admiral Shares (VEIRX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PDT | VEIRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.40 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 3.12 | -2.33 |
| Martin ratioReturn relative to average drawdown | 1.67 | 11.78 | -10.11 |
Loading charts...
Drawdowns
PDT vs. VEIRX - Drawdown Comparison
The maximum PDT drawdown since its inception was -62.39%, which is greater than VEIRX's maximum drawdown of -54.02%. Use the drawdown chart below to compare losses from any high point for PDT and VEIRX.
Loading charts...
Drawdown Indicators
| PDT | VEIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.39% | -54.02% | -8.37% |
Max Drawdown (1Y)Largest decline over 1 year | -5.38% | -7.13% | +1.75% |
Max Drawdown (3Y)Largest decline over 3 years | -16.91% | -13.36% | -3.55% |
Max Drawdown (5Y)Largest decline over 5 years | -40.44% | -15.12% | -25.32% |
Max Drawdown (10Y)Largest decline over 10 years | -62.39% | -35.26% | -27.13% |
Current DrawdownCurrent decline from peak | -1.92% | -0.86% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -9.98% | -6.46% | -3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 1.89% | +0.67% |
Volatility
PDT vs. VEIRX - Volatility Comparison
The current volatility for John Hancock Premium Dividend Fund (PDT) is 1.64%, while Vanguard Equity Income Fund Admiral Shares (VEIRX) has a volatility of 2.57%. This indicates that PDT experiences smaller price fluctuations and is considered to be less risky than VEIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PDT | VEIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 2.57% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 6.91% | 7.37% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.90% | 10.27% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.92% | 13.84% | +3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.10% | 16.25% | +8.85% |
PDT vs. VEIRX - Expense Ratio Comparison
PDT has a 5.06% expense ratio, which is higher than VEIRX's 0.19% expense ratio.
Dividends
PDT vs. VEIRX - Dividend Comparison
PDT's dividend yield for the trailing twelve months is around 7.72%, less than VEIRX's 9.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDT John Hancock Premium Dividend Fund | 7.72% | 7.80% | 7.77% | 10.14% | 9.04% | 6.42% | 8.43% | 6.70% | 8.69% | 9.94% | 9.15% | 7.88% |
VEIRX Vanguard Equity Income Fund Admiral Shares | 9.92% | 11.03% | 9.83% | 7.96% | 8.79% | 7.71% | 2.86% | 4.45% | 10.98% | 3.04% | 3.87% | 6.48% |
Frequently Asked Questions
PDT and VEIRX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VEIRX has higher volatility (2.57%) compared to PDT (1.64%). In terms of maximum drawdown, PDT dropped -62.39% vs VEIRX's -54.02%.
VEIRX currently has the higher Sharpe Ratio (2.19 vs 0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PDT and VEIRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer