FLCV vs JDVL
Federated Hermes MDT Large Cap Value ETF vs John Hancock Disciplined Value Select ETF
Which is better, FLCV or JDVL?
Each has led over a different period.
FLCV has a lower expense ratio. FLCV led over 1Y, JDVL over the full window. FLCV is less concentrated, with 31.0% 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 | FLCV | JDVL |
|---|---|---|
| Expense Ratio | 0.32%Best | 0.56% |
| AUM | $211M | $948M |
| Dividend Yield | 0.72% | 1.48% |
| Holdings | 252 | 41 |
| YTD Return | +18.52%Best | +15.90% |
| 1Y Return | +23.69%Best | +21.37% |
| Volatility (annualized) | 10.7%Best | 12.2% |
| Max Drawdown | -5.7%Best | -9.2% |
| $10,000 over 1.2 years | $12,593 | $12,918Best |
| Top 10 Weight | 31.0%Best | 40.0% |
| Fund Family | Federated Hermes | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 30, 2024 | Aug 6, 2025 |
Not shown on this pair: 3Y Return (annualized), 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).
FLCV 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.
FLCV vs JDVL Performance
Federated Hermes MDT Large Cap Value ETF (FLCV) is an ETF from Federated Hermes and John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management. Over the past year FLCV returned +23.69% while JDVL returned +21.37%. Year to date, FLCV is up 18.52% 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 10.7% for FLCV. 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 -5.7% for FLCV 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLCV charges 0.32% per year while JDVL charges 0.56%. On a $10,000 position that is $32 vs $56 annually, a gap of $24 per year that compounds over a long holding period. On income, FLCV currently yields 0.72% against 1.48% for JDVL.
Holdings Overlap
19.1% of FLCV's money is in holdings JDVL also owns. 35.9% of JDVL's money is in holdings FLCV also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 126 positions we hold weights for in FLCV and 39 in JDVL, against full books of 252 and 41.
What only one of them owns
Our book lists 25 positions for JDVL that do not appear in our book for FLCV (55.7% of the fund), and 115 for FLCV that do not appear in JDVL (81.0%).
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 FLCV | Weight in JDVL | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.80% | 7.48% | 1.68% |
| MSFTMicrosoft Corp | 4.38% | 5.77% | 1.39% |
| JPMJpmorgan Chase | 1.78% | 4.03% | 2.25% |
| ABBVAbbvie Inc. | 3.01% | 2.19% | 0.82% |
| GILDGilead Sciences | 1.25% | 2.77% | 1.52% |
| PMPhilip Morris International Inc. | 0.25% | 3.17% | 2.92% |
| MPCMarathon Petroleum Corp | 1.34% | 1.94% | 0.60% |
| MSMorgan Stanley | 0.59% | 2.65% | 2.06% |
| AMATApplied Materials, Inc. | 0.24% | 2.59% | 2.35% |
| UBERUber Technologies Inc | 0.14% | 2.12% | 1.98% |
35.9% of JDVL is already inside FLCV.
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, FLCV or JDVL?
FLCV has an expense ratio of 0.32% while JDVL charges 0.56%. FLCV is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, FLCV or JDVL?
Over the past year FLCV returned +23.69% vs +21.37% for JDVL, so FLCV leads on 1-year performance. Over the longest common window we track (1 years), FLCV annualized +21.18% vs +23.78% for JDVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCV or JDVL?
JDVL has been the more volatile fund at 12.2% annualized versus 10.7% for FLCV. Worst drawdown: FLCV -5.7% vs JDVL -9.2%.
Should I hold both FLCV and JDVL?
FLCV and JDVL have a monthly-return correlation of 0.83, 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 FLCV and JDVL?
35.9% of JDVL's money is in holdings FLCV also owns. 35.9% of JDVL's is in holdings FLCV also owns. They hold 11 positions in common, counted across the 126 positions we hold weights for in FLCV and 39 in JDVL.
Which pays a higher dividend, FLCV or JDVL?
FLCV yields 0.72% while JDVL yields 1.48%, so JDVL currently pays the higher dividend yield.
Is JDVL better than FLCV?
FLCV has a lower expense ratio. FLCV led over 1Y, JDVL over the full window. FLCV is less concentrated, with 31.0% 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.