FELC vs JHDV
Fidelity Enhanced Large Cap Core ETF vs John Hancock US High Dividend ETF
Which is better, FELC or JHDV?
FELC has been ahead.
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. JHDV is less concentrated, with 34.7% of the fund in its ten largest positions against 40.1%.
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 | FELC | JHDV |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.34% |
| AUM | $8.6B | $13M |
| Dividend Yield | 0.83% | 2.25% |
| Holdings | 590 | 78 |
| YTD Return | +14.93% | +15.74%Best |
| 1Y Return | +19.54%Best | +18.54% |
| 3Y Return (annualized) | +22.11%Best | +20.38% |
| Volatility (annualized) | 11.7%Best | 11.8% |
| Max Drawdown | -18.6%Best | -19.0% |
| $10,000 over 2.9 years | $17,848Best | $16,939 |
| Top 10 Weight | 40.1% | 34.7%Best |
| Fund Family | Fidelity Investments (US) | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Sep 27, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 20, 2023 to Oct 14, 2026 (2.9 years).
FELC vs JHDV 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 2.9 years both funds cover.
FELC vs JHDV Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management. Over the past year FELC returned +19.54% while JHDV returned +18.54%. Year to date, FELC is up 14.93% versus a gain of 15.74% for JHDV.
Over three years, FELC compounded at +22.11% per year against +20.38% for JHDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHDV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 11.7% for FELC. 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 -18.6% for FELC and -19.0% for JHDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FELC charges 0.18% per year while JHDV charges 0.34%. On a $10,000 position that is $18 vs $34 annually, a gap of $16 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 2.25% for JHDV.
Holdings Overlap
40.4% of FELC's money is in holdings JHDV also owns. 69.8% of JHDV's money is in holdings FELC also owns.
The two portfolios partly overlap.
44 positions in common, counted across the 300 positions we hold weights for in FELC and 76 in JHDV, against full books of 590 and 78.
What only one of them owns
Measured across the 300 and 76 positions we hold weights for.
FELC holds 181 positions JHDV does not, 59.0% of the fund.
Largest: AMZN 3.83%, GOOGL 3.35%, META 2.38%, GOOG 2.12%, BRK.B 1.89%
Top Shared Holdings
| Stock | Weight in FELC | Weight in JHDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.93% | 8.59% | 0.34% |
| AAPLApple, Inc | 7.73% | 5.60% | 2.13% |
| MSFTMicrosoft Corp | 5.08% | 5.86% | 0.78% |
| AVGOBroadcom Inc | 2.80% | 2.46% | 0.34% |
| MUMicron Technology, Inc. | 2.04% | 2.26% | 0.22% |
| JPMJpmorgan Chase | 1.71% | 1.04% | 0.67% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.03% | 1.70% | 0.67% |
| LLYEli Lilly & Co. | 1.74% | 0.89% | 0.85% |
| CVXChevron Corp | 0.75% | 1.87% | 1.12% |
| PGRProgressive Corporation | 0.69% | 1.75% | 1.06% |
69.8% of JHDV is already inside FELC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, FELC or JHDV?
FELC has an expense ratio of 0.18% while JHDV charges 0.34%. FELC is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, FELC or JHDV?
Over the past year FELC returned +19.54% vs +18.54% for JHDV, so FELC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELC or JHDV?
JHDV has been the more volatile fund at 11.8% annualized versus 11.7% for FELC. Worst drawdown: FELC -18.6% vs JHDV -19.0%.
Should I hold both FELC and JHDV?
FELC and JHDV have a monthly-return correlation of 0.91, 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 FELC and JHDV?
69.8% of JHDV's money is in holdings FELC also owns. 69.8% of JHDV's is in holdings FELC also owns. They hold 44 positions in common, counted across the 300 positions we hold weights for in FELC and 76 in JHDV.
Which pays a higher dividend, FELC or JHDV?
FELC yields 0.83% while JHDV yields 2.25%, so JHDV currently pays the higher dividend yield.
Is JHDV better than FELC?
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. JHDV is less concentrated, with 34.7% of the fund in its ten largest positions against 40.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.