USFE vs. JHDV

Last updated Jun 4, 2026

USFE (First Eagle US Equity ETF) and JHDV (John Hancock U.S. High Dividend ETF) are both Large Cap Value Equities funds. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. USFE charges 0.45%/yr vs 0.34%/yr for JHDV.

Performance

USFE vs. JHDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle US Equity ETF (USFE) and John Hancock U.S. High Dividend ETF (JHDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USFE

• 1D: -0.63%
• 1M: 1.17%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JHDV

• 1D: -1.05%
• 1M: 7.45%
• YTD: 18.74%
• 6M: 18.96%
• 1Y: 33.63%
• 3Y*: 22.23%
• 5Y*: —
• 10Y*: —

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

USFE vs. JHDV - Yearly Performance Comparison

	2026 (YTD)
USFE First Eagle US Equity ETF	-0.58%
JHDV John Hancock U.S. High Dividend ETF	13.82%

Correlation

The correlation between USFE and JHDV is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 28, 2026	0.72

Return for Risk

USFE vs. JHDV — Risk / Return Rank

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

JHDV

JHDV Risk / Return Rank: 84
JHDV Sharpe Ratio Rank: 87
JHDV Sortino Ratio Rank: 86
JHDV Omega Ratio Rank: 84
JHDV Calmar Ratio Rank: 80
JHDV Martin Ratio Rank: 84

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.

USFE vs. JHDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle US Equity ETF (USFE) and John Hancock U.S. High Dividend ETF (JHDV). 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

	USFE	JHDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	1.36	-1.51

Drawdowns

USFE vs. JHDV - Drawdown Comparison

The maximum USFE drawdown since its inception was -9.37%, smaller than the maximum JHDV drawdown of -18.97%. Use the drawdown chart below to compare losses from any high point for USFE and JHDV.

Drawdown Indicators

	USFE	JHDV	Difference
Max Drawdown Largest peak-to-trough decline	-9.37%	-18.97%	+9.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.26%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.97%	—
Current Drawdown Current decline from peak	-3.62%	-1.05%	-2.57%
Average Drawdown Average peak-to-trough decline	-3.73%	-2.62%	-1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.97%	—

Volatility

Volatility by Period

	USFE	JHDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.65%	11.77%	-0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.65%	15.69%	-4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.65%	15.69%	-4.04%

USFE vs. JHDV - Expense Ratio Comparison

USFE has a 0.45% expense ratio, which is higher than JHDV's 0.34% expense ratio.

Dividends

USFE vs. JHDV - Dividend Comparison

USFE has not paid dividends to shareholders, while JHDV's dividend yield for the trailing twelve months is around 1.99%.

Position	TTM	2025	2024	2023	2022
JHDV John Hancock U.S. High Dividend ETF	1.99%	2.40%	2.50%	2.77%	0.85%
USFE First Eagle US Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USFE and JHDV in my portfolio?

USFE and JHDV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USFE or JHDV?

On fees, JHDV is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USFE or JHDV?

JHDV is cheaper with a 0.34% expense ratio, compared with 0.45% for USFE.

Which ETF pays a higher dividend yield, USFE or JHDV?

JHDV has the higher dividend yield at 1.99%, compared with 0.00% for USFE.

What is the main difference between USFE and JHDV?

They also come from different issuers: First Eagle and John Hancock. Their fees differ too: 0.45% for USFE and 0.34% for JHDV.