DUHP vs JHML
Dimensional US High Profitability ETF vs John Hancock Multifactor Large Cap ETF
Which is better, DUHP or JHML?
Nearly the same fund. DUHP costs less.
DUHP has a lower expense ratio. DUHP led over the full window, JHML over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.97. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 44.3%.
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 | DUHP | JHML |
|---|---|---|
| Expense Ratio | 0.21%Best | 0.29% |
| AUM | $19.7B | $1.2B |
| Dividend Yield | 0.85% | 0.96% |
| Holdings | 160 | 780 |
| YTD Return | +11.84% | +12.96%Best |
| 1Y Return | +13.34% | +17.02%Best |
| 3Y Return (annualized) | +18.51% | +20.26%Best |
| 5Y Return (annualized) | - | +11.29% |
| Volatility (annualized) | 15.1%Best | 15.2% |
| Max Drawdown | -20.1%Best | -21.0% |
| $10,000 over 4.6 years | $17,884Best | $17,660 |
| Top 10 Weight | 44.3% | 25.2%Best |
| Fund Family | Dimensional | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 23, 2022 | Sep 28, 2015 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
DUHP vs JHML 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 4.6 years both funds cover.
DUHP vs JHML Performance
Dimensional US High Profitability ETF (DUHP) is an ETF from Dimensional and John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management. Over the past year DUHP returned +13.34% while JHML returned +17.02%. Year to date, DUHP is up 11.84% versus a gain of 12.96% for JHML.
Over three years, DUHP compounded at +18.51% per year against +20.26% for JHML.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHML has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 15.1% for DUHP. 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 -20.1% for DUHP and -21.0% for JHML. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DUHP charges 0.21% per year while JHML charges 0.29%. On a $10,000 position that is $21 vs $29 annually, a gap of $8 per year that compounds over a long holding period. On income, DUHP currently yields 0.85% against 0.96% for JHML.
Holdings Overlap
99.9% of DUHP's money is in holdings JHML also owns. 42.4% of JHML's money is in holdings DUHP also owns.
Most of DUHP is already inside JHML. Owning both mostly buys the same companies twice.
158 positions in common, counted across the 158 positions we hold weights for in DUHP and 773 in JHML, against full books of 160 and 780.
What only one of them owns
Our book lists 587 positions for JHML that do not appear in our book for DUHP (56.9% of the fund), and 0 for DUHP that do not appear in JHML (0.0%).
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 DUHP | Weight in JHML | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 4.22% | 3.68% |
| AAPLApple, Inc | 7.41% | 4.29% | 3.12% |
| MSFTMicrosoft Corp | 4.90% | 3.67% | 1.23% |
| METAMeta Platforms Inc | 4.32% | 2.03% | 2.29% |
| MUMicron Technology, Inc. | 4.25% | 1.51% | 2.74% |
| LLYEli Lilly & Co. | 4.57% | 1.05% | 3.52% |
| VVisa Inc Class A | 4.18% | 0.66% | 3.52% |
| MAMastercard Inc | 2.34% | 0.53% | 1.81% |
| CATCaterpillar, Inc. | 2.27% | 0.54% | 1.73% |
| LRCXLrcx Uw Equity | 2.18% | 0.50% | 1.68% |
99.9% of DUHP is already inside JHML.
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, DUHP or JHML?
DUHP has an expense ratio of 0.21% while JHML charges 0.29%. DUHP is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, DUHP or JHML?
Over the past year DUHP returned +13.34% vs +17.02% for JHML, so JHML leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DUHP or JHML?
JHML has been the more volatile fund at 15.2% annualized versus 15.1% for DUHP. Worst drawdown: DUHP -20.1% vs JHML -21.0%.
Should I hold both DUHP and JHML?
DUHP and JHML have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DUHP and JHML?
99.9% of DUHP's money is in holdings JHML also owns. 42.4% of JHML's is in holdings DUHP also owns. They hold 158 positions in common, counted across the 158 positions we hold weights for in DUHP and 773 in JHML.
Which pays a higher dividend, DUHP or JHML?
DUHP yields 0.85% while JHML yields 0.96%, so JHML currently pays the higher dividend yield.
Is JHML better than DUHP?
DUHP has a lower expense ratio. DUHP led over the full window, JHML over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.97. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 44.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.