JDVL vs PRVS
John Hancock Disciplined Value Select ETF vs Parnassus Value Select ETF
Which is better, JDVL or PRVS?
JDVL has been ahead.
JDVL has a lower expense ratio. JDVL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. JDVL is less concentrated, with 39.2% of the fund in its ten largest positions against 49.1%.
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 | JDVL | PRVS |
|---|---|---|
| Expense Ratio | 0.56%Best | 0.59% |
| AUM | $933M | $28M |
| Dividend Yield | 1.43% | 0.50% |
| Holdings | 41 | 56 |
| YTD Return | +17.18%Best | +15.69% |
| 1Y Return | +23.64%Best | +22.82% |
| Volatility (annualized) | 12.2%Best | 13.1% |
| Max Drawdown | -9.2%Best | -9.3% |
| $10,000 over 1.2 years | $13,070Best | $13,002 |
| Top 10 Weight | 39.2%Best | 49.1% |
| Fund Family | John Hancock Investment Management | Parnassus Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 6, 2025 | Dec 12, 2024 |
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 13, 2026 (1.2 years).
JDVL vs PRVS 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.
JDVL vs PRVS Performance
John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management and Parnassus Value Select ETF (PRVS) is an ETF from Parnassus Investments. Over the past year JDVL returned +23.64% while PRVS returned +22.82%. Year to date, JDVL is up 17.18% versus a gain of 15.69% for PRVS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRVS has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 12.2% for JDVL. 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 -9.2% for JDVL and -9.3% for PRVS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JDVL charges 0.56% per year while PRVS charges 0.59%. On a $10,000 position that is $56 vs $59 annually, a gap of $3 per year that compounds over a long holding period. On income, JDVL currently yields 1.43% against 0.50% for PRVS.
Holdings Overlap
24.5% of JDVL's money is in holdings PRVS also owns. 29.0% of PRVS's money is in holdings JDVL also owns.
PRVS and JDVL share little of their money.
6 positions in common, counted across the 38 positions we hold weights for in JDVL and 27 in PRVS, against full books of 41 and 56.
What only one of them owns
Our book lists 18 positions for PRVS that do not appear in our book for JDVL (58.1% of the fund), and 29 for JDVL that do not appear in PRVS (64.9%).
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.
29.0% of PRVS is already inside JDVL.
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, JDVL or PRVS?
JDVL has an expense ratio of 0.56% while PRVS charges 0.59%. JDVL is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, JDVL or PRVS?
Over the past year JDVL returned +23.64% vs +22.82% for PRVS, so JDVL leads on 1-year performance. Over the longest common window we track (1 years), JDVL annualized +25.00% vs +24.45% for PRVS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JDVL or PRVS?
PRVS has been the more volatile fund at 13.1% annualized versus 12.2% for JDVL. Worst drawdown: JDVL -9.2% vs PRVS -9.3%.
Should I hold both JDVL and PRVS?
JDVL and PRVS have a monthly-return correlation of 0.92, 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 JDVL and PRVS?
29.0% of PRVS's money is in holdings JDVL also owns. 29.0% of PRVS's is in holdings JDVL also owns. They hold 6 positions in common, counted across the 38 positions we hold weights for in JDVL and 27 in PRVS.
Which pays a higher dividend, JDVL or PRVS?
JDVL yields 1.43% while PRVS yields 0.50%, so JDVL currently pays the higher dividend yield.
Is PRVS better than JDVL?
JDVL has a lower expense ratio. JDVL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. JDVL is less concentrated, with 39.2% of the fund in its ten largest positions against 49.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.