TIER vs. JHID

Last updated Jun 5, 2026

TIER (T. Rowe Price International Equity Research ETF) and JHID (John Hancock International High Dividend ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. TIER charges 0.38%/yr vs 0.46%/yr for JHID.

Performance

TIER vs. JHID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price International Equity Research ETF (TIER) and John Hancock International High Dividend ETF (JHID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TIER having a 14.45% return and JHID slightly lower at 13.77%.

TIER

• 1D: 0.18%
• 1M: 4.22%
• YTD: 14.45%
• 6M: 16.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JHID

• 1D: 0.75%
• 1M: 2.19%
• YTD: 13.77%
• 6M: 16.64%
• 1Y: 33.80%
• 3Y*: 22.68%
• 5Y*: —
• 10Y*: —

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

TIER vs. JHID - Yearly Performance Comparison

	2026 (YTD)	2025
TIER T. Rowe Price International Equity Research ETF	14.45%	12.37%
JHID John Hancock International High Dividend ETF	13.77%	15.83%

Correlation

The correlation between TIER and JHID is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.88

TIER vs. JHID - Sectors Allocation Comparison

Sectors	TIER	JHID
Financial Services	24.5%	28.1%
Technology	20.2%	8.8%
Industrials	13.5%	15.6%
Consumer Cyclical	7.9%	4.8%
Basic Materials	7.5%	6.3%
Healthcare	6.3%	6.5%
Energy	5.8%	6.6%
Communication Services	5.4%	2.7%
Consumer Defensive	4.9%	8.5%
Utilities	2.7%	6.1%
Real Estate	1.3%	6.1%

Return for Risk

TIER vs. JHID — Risk / Return Rank

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

JHID

JHID Risk / Return Rank: 82
JHID Sharpe Ratio Rank: 84
JHID Sortino Ratio Rank: 84
JHID Omega Ratio Rank: 82
JHID Calmar Ratio Rank: 79
JHID Martin Ratio Rank: 81

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.

TIER vs. JHID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Equity Research ETF (TIER) and John Hancock International High Dividend ETF (JHID). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TIER	JHID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.98	1.59	+0.40

Drawdowns

TIER vs. JHID - Drawdown Comparison

The maximum TIER drawdown since its inception was -12.07%, roughly equal to the maximum JHID drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for TIER and JHID.

Drawdown Indicators

	TIER	JHID	Difference
Max Drawdown Largest peak-to-trough decline	-12.07%	-12.42%	+0.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.42%	—
Current Drawdown Current decline from peak	-0.94%	-0.80%	-0.14%
Average Drawdown Average peak-to-trough decline	-1.78%	-2.46%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.15%	—

Volatility

Volatility by Period

	TIER	JHID	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.59%	12.64%	+2.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	13.91%	+1.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.59%	13.91%	+1.68%

TIER vs. JHID - Expense Ratio Comparison

TIER has a 0.38% expense ratio, which is lower than JHID's 0.46% expense ratio.

Dividends

TIER vs. JHID - Dividend Comparison

TIER's dividend yield for the trailing twelve months is around 0.65%, less than JHID's 2.86% yield.

Position	TTM	2025	2024	2023
JHID John Hancock International High Dividend ETF	2.86%	3.13%	5.15%	5.23%
TIER T. Rowe Price International Equity Research ETF	0.65%	0.74%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TIER and JHID in my portfolio?

TIER and JHID have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TIER or JHID?

On fees, TIER is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TIER or JHID?

TIER is cheaper with a 0.38% expense ratio, compared with 0.46% for JHID.

Which ETF pays a higher dividend yield, TIER or JHID?

JHID has the higher dividend yield at 2.86%, compared with 0.65% for TIER.

What is the main difference between TIER and JHID?

They also come from different issuers: T. Rowe Price and John Hancock. Their fees differ too: 0.38% for TIER and 0.46% for JHID.