VOE vs. JHMM
Compare and contrast key facts about Vanguard Mid-Cap Value ETF (VOE) and John Hancock Multifactor Mid Cap ETF (JHMM).
VOE and JHMM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOE is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Value Index. It was launched on Aug 17, 2006. JHMM is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Mid Cap Index. It was launched on Sep 28, 2015. Both VOE and JHMM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
VOE vs. JHMM - Performance Comparison
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VOE vs. JHMM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VOE Vanguard Mid-Cap Value ETF | 4.67% | 12.08% | 14.00% | 9.85% | -7.97% | 28.78% | 2.65% | 27.85% | -12.48% | 17.07% |
JHMM John Hancock Multifactor Mid Cap ETF | 3.12% | 10.73% | 14.61% | 14.53% | -15.30% | 24.54% | 16.22% | 30.01% | -9.57% | 19.96% |
Returns By Period
In the year-to-date period, VOE achieves a 4.67% return, which is significantly higher than JHMM's 3.12% return. Over the past 10 years, VOE has underperformed JHMM with an annualized return of 10.23%, while JHMM has yielded a comparatively higher 11.17% annualized return.
VOE
- 1D
- 0.20%
- 1M
- -4.46%
- YTD
- 4.67%
- 6M
- 7.17%
- 1Y
- 17.39%
- 3Y*
- 13.81%
- 5Y*
- 8.66%
- 10Y*
- 10.23%
JHMM
- 1D
- 0.60%
- 1M
- -5.20%
- YTD
- 3.12%
- 6M
- 4.94%
- 1Y
- 18.73%
- 3Y*
- 13.36%
- 5Y*
- 7.39%
- 10Y*
- 11.17%
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VOE vs. JHMM - Expense Ratio Comparison
VOE has a 0.07% expense ratio, which is lower than JHMM's 0.42% expense ratio.
Return for Risk
VOE vs. JHMM — Risk / Return Rank
VOE
JHMM
VOE vs. JHMM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Value ETF (VOE) and John Hancock Multifactor Mid Cap ETF (JHMM). 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.
| VOE | JHMM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.96 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.55 | 1.46 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.20 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.40 | 0.00 |
Martin ratioReturn relative to average drawdown | 6.51 | 6.22 | +0.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VOE | JHMM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.96 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.41 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.57 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.59 | -0.16 |
Correlation
The correlation between VOE and JHMM is 0.93, 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
VOE vs. JHMM - Dividend Comparison
VOE's dividend yield for the trailing twelve months is around 1.99%, more than JHMM's 0.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOE Vanguard Mid-Cap Value ETF | 1.99% | 2.10% | 2.11% | 2.27% | 2.27% | 1.78% | 2.36% | 2.05% | 2.75% | 1.86% | 1.92% | 2.05% |
JHMM John Hancock Multifactor Mid Cap ETF | 0.95% | 0.98% | 1.01% | 1.17% | 1.16% | 0.72% | 1.04% | 1.02% | 1.36% | 0.90% | 1.15% | 0.33% |
Drawdowns
VOE vs. JHMM - Drawdown Comparison
The maximum VOE drawdown since its inception was -61.50%, which is greater than JHMM's maximum drawdown of -40.71%. Use the drawdown chart below to compare losses from any high point for VOE and JHMM.
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Drawdown Indicators
| VOE | JHMM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.50% | -40.71% | -20.79% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -13.57% | +1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -19.70% | -24.10% | +4.40% |
Max Drawdown (10Y)Largest decline over 10 years | -43.18% | -40.71% | -2.47% |
Current DrawdownCurrent decline from peak | -4.54% | -5.58% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -8.41% | -5.50% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 3.06% | -0.38% |
Volatility
VOE vs. JHMM - Volatility Comparison
The current volatility for Vanguard Mid-Cap Value ETF (VOE) is 4.01%, while John Hancock Multifactor Mid Cap ETF (JHMM) has a volatility of 5.75%. This indicates that VOE experiences smaller price fluctuations and is considered to be less risky than JHMM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VOE | JHMM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 5.75% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 8.77% | 10.93% | -2.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.46% | 19.52% | -3.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.11% | 18.30% | -2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 19.57% | -0.73% |