FLCC vs JHML
Federated Hermes MDT Large Cap Core ETF vs John Hancock Multifactor Large Cap ETF
Which is better, FLCC or JHML?
Each has led over a different period.
FLCC led over the full window, JHML over 1Y. The two have moved almost in lockstep, correlation 0.94. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 38.9%.
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 | FLCC | JHML |
|---|---|---|
| Expense Ratio | 0.29%Tie | 0.29%Tie |
| AUM | $179M | $1.2B |
| Dividend Yield | 0.45% | 0.96% |
| Holdings | 304 | 780 |
| YTD Return | +12.79% | +12.96%Best |
| 1Y Return | +16.11% | +17.02%Best |
| 3Y Return (annualized) | - | +20.26% |
| 5Y Return (annualized) | - | +11.29% |
| Volatility (annualized) | 12.4% | 11.4%Best |
| Max Drawdown | -19.2% | -18.2%Best |
| $10,000 over 2.2 years | $14,419Best | $13,827 |
| Top 10 Weight | 38.9% | 25.2%Best |
| Fund Family | Federated Hermes | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 30, 2024 | Sep 28, 2015 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 31, 2024 to Oct 14, 2026 (2.2 years).
FLCC 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 2.2 years both funds cover.
FLCC vs JHML Performance
Federated Hermes MDT Large Cap Core ETF (FLCC) is an ETF from Federated Hermes and John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management. Over the past year FLCC returned +16.11% while JHML returned +17.02%. Year to date, FLCC is up 12.79% versus a gain of 12.96% for JHML.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.4% for JHML. 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 -19.2% for FLCC and -18.2% 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCC charges 0.29% per year while JHML charges 0.29%. On a $10,000 position that is $29 vs $29 annually. On income, FLCC currently yields 0.45% against 0.96% for JHML.
Holdings Overlap
95.4% of FLCC's money is in holdings JHML also owns. 48.8% of JHML's money is in holdings FLCC also owns.
Most of FLCC is already inside JHML. Owning both mostly buys the same companies twice.
138 positions in common, counted across the 155 positions we hold weights for in FLCC and 773 in JHML, against full books of 304 and 780.
What only one of them owns
Our book lists 605 positions for JHML that do not appear in our book for FLCC (50.3% of the fund), and 16 for FLCC that do not appear in JHML (4.5%).
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 FLCC | Weight in JHML | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.62% | 4.22% | 4.40% |
| AAPLApple, Inc | 6.81% | 4.29% | 2.52% |
| GOOGLAlphabet Inc | 5.88% | 2.57% | 3.31% |
| MSFTMicrosoft Corp | 4.21% | 3.67% | 0.54% |
| AMZNAmazon.Com Inc | 3.20% | 2.98% | 0.22% |
| AVGOBroadcom Inc | 2.21% | 1.70% | 0.51% |
| METAMeta Platforms Inc | 1.23% | 2.03% | 0.80% |
| MUMicron Technology, Inc. | 1.44% | 1.51% | 0.07% |
| ABBVAbbvie Inc. | 2.18% | 0.47% | 1.71% |
| COSTCostco Wholesale Corp. | 2.06% | 0.39% | 1.67% |
95.4% of FLCC 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.
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Frequently Asked Questions
Which is cheaper, FLCC or JHML?
FLCC has an expense ratio of 0.29% while JHML charges 0.29%. At the precision these are quoted to, they cost the same.
Which performed better, FLCC or JHML?
Over the past year FLCC returned +16.11% vs +17.02% for JHML, so JHML leads on 1-year performance. Over the longest common window we track (2 years), FLCC annualized +18.10% vs +15.87% for JHML. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCC or JHML?
FLCC has been the more volatile fund at 12.4% annualized versus 11.4% for JHML. Worst drawdown: FLCC -19.2% vs JHML -18.2%.
Should I hold both FLCC and JHML?
FLCC and JHML have a monthly-return correlation of 0.94, 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 FLCC and JHML?
95.4% of FLCC's money is in holdings JHML also owns. 48.8% of JHML's is in holdings FLCC also owns. They hold 138 positions in common, counted across the 155 positions we hold weights for in FLCC and 773 in JHML.
Which pays a higher dividend, FLCC or JHML?
FLCC yields 0.45% while JHML yields 0.96%, so JHML currently pays the higher dividend yield.
Is JHML better than FLCC?
FLCC led over the full window, JHML over 1Y. The two have moved almost in lockstep, correlation 0.94. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.