FELV vs JDVL
Fidelity Enhanced Large Cap Value ETF vs John Hancock Disciplined Value Select ETF
Which is better, FELV or JDVL?
FELV has been ahead.
FELV has a lower expense ratio. FELV led over 1Y and the full window. FELV is less concentrated, with 30.1% 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 | FELV | JDVL |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.56% |
| AUM | $3.4B | $948M |
| Dividend Yield | 1.43% | 1.48% |
| Holdings | 364 | 41 |
| YTD Return | +22.64%Best | +15.90% |
| 1Y Return | +29.22%Best | +21.37% |
| 3Y Return (annualized) | +21.98% | - |
| Volatility (annualized) | 10.9%Best | 12.2% |
| Max Drawdown | -6.8%Best | -9.2% |
| $10,000 over 1.2 years | $13,614Best | $12,918 |
| Top 10 Weight | 30.1%Best | 40.0% |
| Fund Family | Fidelity Investments (US) | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 20, 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).
FELV 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.
FELV vs JDVL Performance
Fidelity Enhanced Large Cap Value ETF (FELV) is an ETF from Fidelity Investments (US) and John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management. Over the past year FELV returned +29.22% while JDVL returned +21.37%. Year to date, FELV is up 22.64% 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 10.9% for FELV. 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 -6.8% for FELV 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FELV charges 0.18% per year while JDVL charges 0.56%. On a $10,000 position that is $18 vs $56 annually, a gap of $38 per year that compounds over a long holding period. On income, FELV currently yields 1.43% against 1.48% for JDVL.
Holdings Overlap
20.5% of FELV's money is in holdings JDVL also owns. 53.2% of JDVL's money is in holdings FELV also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 389 positions we hold weights for in FELV and 39 in JDVL, against full books of 364 and 41.
What only one of them owns
Our book lists 18 positions for JDVL that do not appear in our book for FELV (38.3% of the fund), and 314 for FELV that do not appear in JDVL (78.4%).
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 FELV | Weight in JDVL | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.20% | 7.48% | 1.28% |
| MSFTMicrosoft Corp | 4.67% | 5.77% | 1.10% |
| JPMJpmorgan Chase | 2.62% | 4.03% | 1.41% |
| METAMeta Platforms Inc | 0.63% | 3.89% | 3.26% |
| PMPhilip Morris International Inc. | 0.69% | 3.17% | 2.48% |
| GILDGilead Sciences | 0.97% | 2.77% | 1.80% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 0.37% | 3.25% | 2.88% |
| MSMorgan Stanley | 0.60% | 2.65% | 2.05% |
| ABBVAbbvie Inc. | 0.92% | 2.19% | 1.27% |
| WFCWells Fargo & Co. | 0.90% | 1.90% | 1.00% |
53.2% of JDVL is already inside FELV.
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, FELV or JDVL?
FELV has an expense ratio of 0.18% while JDVL charges 0.56%. FELV is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, FELV or JDVL?
Over the past year FELV returned +29.22% vs +21.37% for JDVL, so FELV leads on 1-year performance. Over the longest common window we track (1 years), FELV annualized +29.32% vs +23.78% for JDVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELV or JDVL?
JDVL has been the more volatile fund at 12.2% annualized versus 10.9% for FELV. Worst drawdown: FELV -6.8% vs JDVL -9.2%.
Should I hold both FELV and JDVL?
FELV and JDVL have a monthly-return correlation of 0.85, 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 FELV and JDVL?
53.2% of JDVL's money is in holdings FELV also owns. 53.2% of JDVL's is in holdings FELV also owns. They hold 18 positions in common, counted across the 389 positions we hold weights for in FELV and 39 in JDVL.
Which pays a higher dividend, FELV or JDVL?
FELV yields 1.43% while JDVL yields 1.48%, so JDVL currently pays the higher dividend yield.
Is JDVL better than FELV?
FELV has a lower expense ratio. FELV led over 1Y and the full window. FELV is less concentrated, with 30.1% 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.