HDMV vs JDVI
First Trust Horizon Managed Volatility Developed International ETF vs John Hancock Disciplined Value International Select ETF
Which is better, HDMV or JDVI?
JDVI has been ahead.
JDVI has a lower expense ratio. JDVI led over 1Y and the full window. HDMV is less concentrated, with 18.0% of the fund in its ten largest positions against 42.0%.
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 | HDMV | JDVI |
|---|---|---|
| Expense Ratio | 0.80% | 0.69%Best |
| AUM | $15M | $795M |
| Dividend Yield | 4.82% | 2.14% |
| Holdings | 316 | 44 |
| YTD Return | +5.39% | +11.38%Best |
| 1Y Return | +9.81% | +19.68%Best |
| 3Y Return (annualized) | +15.11% | - |
| 5Y Return (annualized) | +6.82% | - |
| Volatility (annualized) | 11.7%Best | 13.0% |
| Max Drawdown | -10.3%Best | -15.0% |
| $10,000 over 2.8 years | $14,450 | $16,464Best |
| Top 10 Weight | 18.0%Best | 42.0% |
| Fund Family | First Trust Portfolios (US) | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 24, 2016 | Dec 19, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 20, 2023 to Oct 14, 2026 (2.8 years).
HDMV vs JDVI 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 2.8 years both funds cover.
HDMV vs JDVI Performance
First Trust Horizon Managed Volatility Developed International ETF (HDMV) is an ETF from First Trust Portfolios (US) and John Hancock Disciplined Value International Select ETF (JDVI) is an ETF from John Hancock Investment Management. Over the past year HDMV returned +9.81% while JDVI returned +19.68%. Year to date, HDMV is up 5.39% versus a gain of 11.38% for JDVI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JDVI has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 11.7% for HDMV. 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 -10.3% for HDMV and -15.0% for JDVI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HDMV charges 0.80% per year while JDVI charges 0.69%. On a $10,000 position that is $80 vs $69 annually, a gap of $11 per year that compounds over a long holding period. On income, HDMV currently yields 4.82% against 2.14% for JDVI.
Holdings Overlap
1.4% of HDMV's money is in holdings JDVI also owns. 8.6% of JDVI's money is in holdings HDMV also owns.
JDVI and HDMV share little of their money.
3 positions in common, counted across the 148 positions we hold weights for in HDMV and 36 in JDVI, against full books of 316 and 44.
What only one of them owns
Our book lists 2 positions for JDVI that do not appear in our book for HDMV (3.1% of the fund), and 4 for HDMV that do not appear in JDVI (2.1%).
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.
You are not choosing between two funds in isolation.
Whichever of HDMV and JDVI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HDMV or JDVI?
HDMV has an expense ratio of 0.80% while JDVI charges 0.69%. JDVI is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, HDMV or JDVI?
Over the past year HDMV returned +9.81% vs +19.68% for JDVI, so JDVI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDMV or JDVI?
JDVI has been the more volatile fund at 13.0% annualized versus 11.7% for HDMV. Worst drawdown: HDMV -10.3% vs JDVI -15.0%.
Should I hold both HDMV and JDVI?
HDMV and JDVI have a monthly-return correlation of 0.74, 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 HDMV and JDVI?
8.6% of JDVI's money is in holdings HDMV also owns. 8.6% of JDVI's is in holdings HDMV also owns. They hold 3 positions in common, counted across the 148 positions we hold weights for in HDMV and 36 in JDVI.
Which pays a higher dividend, HDMV or JDVI?
HDMV yields 4.82% while JDVI yields 2.14%, so HDMV currently pays the higher dividend yield.
Is JDVI better than HDMV?
JDVI has a lower expense ratio. JDVI led over 1Y and the full window. HDMV is less concentrated, with 18.0% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.