JDVL vs VLLU
John Hancock Disciplined Value Select ETF vs Harbor AlphaEdge Large Cap Value ETF
Which is better, JDVL or VLLU?
Each has led over a different period.
VLLU has a lower expense ratio. JDVL led over the full window, VLLU over 1Y. VLLU is less concentrated, with 37.4% 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 | JDVL | VLLU |
|---|---|---|
| Expense Ratio | 0.56% | 0.25%Best |
| AUM | $948M | $5M |
| Dividend Yield | 1.48% | 1.35% |
| Holdings | 41 | 75 |
| Volatility (annualized) | 12.2% | 6.9%Best |
| Max Drawdown | -9.2% | -6.3%Best |
| $10,000 over 1.1 years | $13,412Best | $12,727 |
| Top 10 Weight | 40.0% | 37.4%Best |
| Fund Family | John Hancock Investment Management | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 6, 2025 | Sep 3, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 47 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. JDVL has data through Oct 14, 2026 and VLLU through Aug 28, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 6, 2025 to Aug 28, 2026 (1.1 years).
Risk: Volatility and Drawdowns
JDVL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 6.9% for VLLU. 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 -6.3% for VLLU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JDVL charges 0.56% per year while VLLU charges 0.25%. On a $10,000 position that is $56 vs $25 annually, a gap of $31 per year that compounds over a long holding period. On income, JDVL currently yields 1.48% against 1.35% for VLLU.
Holdings Overlap
16.3% of JDVL's money is in holdings VLLU also owns. 10.1% of VLLU's money is in holdings JDVL also owns.
JDVL and VLLU share little of their money.
The two holdings books were reported 94 days apart, JDVL as of Oct 2, 2026 and VLLU as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
6 positions in common, counted across the 39 positions we hold weights for in JDVL and 74 in VLLU, against full books of 41 and 75.
What only one of them owns
Our book lists 64 positions for VLLU that do not appear in our book for JDVL (87.4% of the fund), and 30 for JDVL that do not appear in VLLU (75.3%).
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 JDVL and VLLU 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, JDVL or VLLU?
JDVL has an expense ratio of 0.56% while VLLU charges 0.25%. VLLU is the cheaper option, by $31 a year on a $10,000 investment.
Which is riskier, JDVL or VLLU?
JDVL has been the more volatile fund at 12.2% annualized versus 6.9% for VLLU. Worst drawdown: JDVL -9.2% vs VLLU -6.3%.
Should I hold both JDVL and VLLU?
JDVL and VLLU have a monthly-return correlation of 0.89, 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 JDVL and VLLU?
16.3% of JDVL's money is in holdings VLLU also owns. 10.1% of VLLU's is in holdings JDVL also owns. They hold 6 positions in common, counted across the 39 positions we hold weights for in JDVL and 74 in VLLU.
Which pays a higher dividend, JDVL or VLLU?
JDVL yields 1.48% while VLLU yields 1.35%, so JDVL currently pays the higher dividend yield.
Is VLLU better than JDVL?
VLLU has a lower expense ratio. JDVL led over the full window, VLLU over 1Y. VLLU is less concentrated, with 37.4% 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.