HDUS vs JHML
Hartford Disciplined US Equity ETF vs John Hancock Multifactor Large Cap ETF
Which is better, HDUS or JHML?
Nearly the same fund. HDUS costs less.
HDUS has a lower expense ratio. HDUS led over 3Y and the full window, JHML over 1Y. The two have moved almost in lockstep, correlation 0.98. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 34.4%.
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 | HDUS | JHML |
|---|---|---|
| Expense Ratio | 0.19%Best | 0.29% |
| AUM | $111M | $1.2B |
| Dividend Yield | 1.42% | 0.96% |
| Holdings | 242 | 780 |
| YTD Return | +13.28%Best | +12.96% |
| 1Y Return | +16.53% | +17.02%Best |
| 3Y Return (annualized) | +21.04%Best | +20.26% |
| 5Y Return (annualized) | - | +11.29% |
| Volatility (annualized) | 12.2%Best | 12.6% |
| Max Drawdown | -18.2%Tie | -18.2%Tie |
| $10,000 over 3.9 years | $19,317Best | $18,744 |
| Top 10 Weight | 34.4% | 25.2%Best |
| Fund Family | Hartford Funds | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 16, 2022 | Sep 28, 2015 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 17, 2022 to Oct 14, 2026 (3.9 years).
HDUS 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 3.9 years both funds cover.
HDUS vs JHML Performance
Hartford Disciplined US Equity ETF (HDUS) is an ETF from Hartford Funds and John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management. Over the past year HDUS returned +16.53% while JHML returned +17.02%. Year to date, HDUS is up 13.28% versus a gain of 12.96% for JHML.
Over three years, HDUS compounded at +21.04% per year against +20.26% for JHML. Across the full 4-year window we track, HDUS has the edge at +18.39% annualized vs +17.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHML has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 12.2% for HDUS. 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 -18.2% for HDUS 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HDUS charges 0.19% per year while JHML charges 0.29%. On a $10,000 position that is $19 vs $29 annually, a gap of $10 per year that compounds over a long holding period. On income, HDUS currently yields 1.42% against 0.96% for JHML.
Holdings Overlap
93.6% of HDUS's money is in holdings JHML also owns. 60.0% of JHML's money is in holdings HDUS also owns.
Most of HDUS is already inside JHML. Owning both mostly buys the same companies twice.
211 positions in common, counted across the 239 positions we hold weights for in HDUS and 773 in JHML, against full books of 242 and 780.
What only one of them owns
Our book lists 538 positions for JHML that do not appear in our book for HDUS (39.3% of the fund), and 27 for HDUS that do not appear in JHML (6.2%).
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 HDUS | Weight in JHML | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.67% | 4.22% | 2.45% |
| AAPLApple, Inc | 5.91% | 4.29% | 1.62% |
| MSFTMicrosoft Corp | 5.54% | 3.67% | 1.87% |
| GOOGLAlphabet Inc | 4.84% | 2.57% | 2.27% |
| AMZNAmazon.Com Inc | 3.19% | 2.98% | 0.21% |
| METAMeta Platforms Inc | 2.04% | 2.03% | 0.01% |
| AVGOBroadcom Inc | 2.28% | 1.70% | 0.58% |
| MUMicron Technology, Inc. | 1.39% | 1.51% | 0.12% |
| AMDAdvanced Micro Devices Inc | 1.31% | 1.04% | 0.27% |
| JPMJpmorgan Chase | 1.00% | 1.15% | 0.15% |
93.6% of HDUS 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HDUS or JHML?
HDUS has an expense ratio of 0.19% while JHML charges 0.29%. HDUS is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, HDUS or JHML?
Over the past year HDUS returned +16.53% vs +17.02% for JHML, so JHML leads on 1-year performance. Over the longest common window we track (4 years), HDUS annualized +18.39% vs +17.48% for JHML. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDUS or JHML?
JHML has been the more volatile fund at 12.6% annualized versus 12.2% for HDUS. Worst drawdown: HDUS -18.2% vs JHML -18.2%.
Should I hold both HDUS and JHML?
HDUS and JHML have a monthly-return correlation of 0.98, 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 HDUS and JHML?
93.6% of HDUS's money is in holdings JHML also owns. 60.0% of JHML's is in holdings HDUS also owns. They hold 211 positions in common, counted across the 239 positions we hold weights for in HDUS and 773 in JHML.
Which pays a higher dividend, HDUS or JHML?
HDUS yields 1.42% while JHML yields 0.96%, so HDUS currently pays the higher dividend yield.
Is JHML better than HDUS?
HDUS has a lower expense ratio. HDUS led over 3Y and the full window, JHML over 1Y. The two have moved almost in lockstep, correlation 0.98. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 34.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.