AELV vs JDVL
Harbor AlphaEdge Large Cap Value ETF vs John Hancock Disciplined Value Select ETF
Which is better, AELV or JDVL?
JDVL has been ahead.
AELV has a lower expense ratio. JDVL led over 1Y and the full window. AELV is less concentrated, with 37.0% of the fund in its ten largest positions against 40.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AELV | JDVL |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.56% |
| AUM | $3M | $948M |
| Dividend Yield | 1.38% | 1.48% |
| Holdings | 150 | 41 |
| YTD Return | +11.24% | +15.90%Best |
| 1Y Return | +18.09% | +21.37%Best |
| Volatility (annualized) | 7.7%Best | 12.2% |
| Max Drawdown | -6.3%Best | -9.2% |
| $10,000 over 1.2 years | $12,352 | $12,918Best |
| Top 10 Weight | 37.0%Best | 40.0% |
| Fund Family | Harbor Funds | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 4, 2024 | Aug 6, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 6, 2025 to Oct 14, 2026 (1.2 years).
AELV vs JDVL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
AELV vs JDVL Performance
Harbor AlphaEdge Large Cap Value ETF (AELV) is an ETF from Harbor Funds and John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management. Over the past year AELV returned +18.09% while JDVL returned +21.37%. Year to date, AELV is up 11.24% versus a gain of 15.90% for JDVL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JDVL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 7.7% for AELV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.3% for AELV and -9.2% for JDVL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AELV charges 0.25% per year while JDVL charges 0.56%. On a $10,000 position that is $25 vs $56 annually, a gap of $31 per year that compounds over a long holding period. On income, AELV currently yields 1.38% against 1.48% for JDVL.
Holdings Overlap
15.3% of AELV's money is in holdings JDVL also owns. 29.8% of JDVL's money is in holdings AELV also owns.
JDVL and AELV share little of their money.
8 positions in common, counted across the 75 positions we hold weights for in AELV and 39 in JDVL, against full books of 150 and 41.
What only one of them owns
Our book lists 28 positions for JDVL that do not appear in our book for AELV (61.7% of the fund), and 64 for AELV that do not appear in JDVL (83.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AELV | Weight in JDVL | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.20% | 7.48% | 4.28% |
| MSFTMicrosoft Corp | 3.13% | 5.77% | 2.64% |
| VVisa Inc Class A | 2.86% | 2.78% | 0.08% |
| NVDANvidia Corp | 2.11% | 3.13% | 1.02% |
| JPMJpmorgan Chase | 0.55% | 4.03% | 3.48% |
| MUMicron Technology, Inc. | 1.52% | 2.51% | 0.99% |
| MPCMarathon Petroleum Corp | 1.34% | 1.94% | 0.60% |
| ABBVAbbvie Inc. | 0.54% | 2.19% | 1.65% |
29.8% of JDVL is already inside AELV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AELV or JDVL?
AELV has an expense ratio of 0.25% while JDVL charges 0.56%. AELV is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, AELV or JDVL?
Over the past year AELV returned +18.09% vs +21.37% for JDVL, so JDVL leads on 1-year performance. Over the longest common window we track (1 years), AELV annualized +19.25% vs +23.78% for JDVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AELV or JDVL?
JDVL has been the more volatile fund at 12.2% annualized versus 7.7% for AELV. Worst drawdown: AELV -6.3% vs JDVL -9.2%.
Should I hold both AELV and JDVL?
AELV and JDVL have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AELV and JDVL?
29.8% of JDVL's money is in holdings AELV also owns. 29.8% of JDVL's is in holdings AELV also owns. They hold 8 positions in common, counted across the 75 positions we hold weights for in AELV and 39 in JDVL.
Which pays a higher dividend, AELV or JDVL?
AELV yields 1.38% while JDVL yields 1.48%, so JDVL currently pays the higher dividend yield.
Is JDVL better than AELV?
AELV has a lower expense ratio. JDVL led over 1Y and the full window. AELV is less concentrated, with 37.0% of the fund in its ten largest positions against 40.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.