DIVL vs JDVL
Madison Dividend Value ETF vs John Hancock Disciplined Value Select ETF
Which is better, DIVL or JDVL?
JDVL has been ahead.
JDVL has a lower expense ratio. JDVL led over 1Y and the full window. JDVL is less concentrated, with 40.0% of the fund in its ten largest positions against 41.2%.
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 | DIVL | JDVL |
|---|---|---|
| Expense Ratio | 0.65% | 0.56%Best |
| AUM | $61M | $948M |
| Dividend Yield | 1.83% | 1.48% |
| Holdings | 40 | 41 |
| YTD Return | +10.65% | +15.90%Best |
| 1Y Return | +12.67% | +21.37%Best |
| 3Y Return (annualized) | +12.06% | - |
| Volatility (annualized) | 12.2%Tie | 12.2%Tie |
| Max Drawdown | -6.9%Best | -9.2% |
| $10,000 over 1.2 years | $11,565 | $12,918Best |
| Top 10 Weight | 41.2% | 40.0%Best |
| Fund Family | Madison Funds | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 14, 2023 | Aug 6, 2025 |
Not shown on this pair: 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).
DIVL 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.
DIVL vs JDVL Performance
Madison Dividend Value ETF (DIVL) is an ETF from Madison Funds and John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management. Over the past year DIVL returned +12.67% while JDVL returned +21.37%. Year to date, DIVL is up 10.65% versus a gain of 15.90% for JDVL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVL and JDVL have been equally volatile, both at 12.2% annualized.
The deepest peak-to-trough decline in our data was -6.9% for DIVL 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIVL charges 0.65% per year while JDVL charges 0.56%. On a $10,000 position that is $65 vs $56 annually, a gap of $9 per year that compounds over a long holding period. On income, DIVL currently yields 1.83% against 1.48% for JDVL.
Holdings Overlap
12.8% of DIVL's money is in holdings JDVL also owns. 11.8% of JDVL's money is in holdings DIVL also owns.
DIVL and JDVL share little of their money.
5 positions in common, counted across the 37 positions we hold weights for in DIVL and 39 in JDVL, against full books of 40 and 41.
What only one of them owns
Our book lists 31 positions for JDVL that do not appear in our book for DIVL (79.7% of the fund), and 31 for DIVL that do not appear in JDVL (85.9%).
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.
You are not choosing between two funds in isolation.
Whichever of DIVL and JDVL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVL or JDVL?
DIVL has an expense ratio of 0.65% while JDVL charges 0.56%. JDVL is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, DIVL or JDVL?
Over the past year DIVL returned +12.67% vs +21.37% for JDVL, so JDVL leads on 1-year performance. Over the longest common window we track (1 years), DIVL annualized +12.88% vs +23.78% for JDVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVL or JDVL?
DIVL and JDVL have been equally volatile, both at 12.2% annualized. Worst drawdown: DIVL -6.9% vs JDVL -9.2%.
Should I hold both DIVL and JDVL?
DIVL and JDVL have a monthly-return correlation of 0.52, 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 DIVL and JDVL?
12.8% of DIVL's money is in holdings JDVL also owns. 11.8% of JDVL's is in holdings DIVL also owns. They hold 5 positions in common, counted across the 37 positions we hold weights for in DIVL and 39 in JDVL.
Which pays a higher dividend, DIVL or JDVL?
DIVL yields 1.83% while JDVL yields 1.48%, so DIVL currently pays the higher dividend yield.
Is JDVL better than DIVL?
JDVL has a lower expense ratio. JDVL led over 1Y and the full window. JDVL is less concentrated, with 40.0% of the fund in its ten largest positions against 41.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.