JHCP vs VYM
John Hancock Core Plus Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, JHCP or VYM?
Investment Grade Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | JHCP | VYM |
|---|---|---|
| Expense Ratio | 0.36% | 0.04%Best |
| AUM | $340M | $78.9B |
| Dividend Yield | 4.62% | 2.37% |
| Holdings | 987 | 608 |
| YTD Return | -2.37% | +11.83%Best |
| 1Y Return | -2.10% | +15.96%Best |
| 3Y Return (annualized) | - | +18.60% |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 4.1%Best | 10.3% |
| Max Drawdown | -5.1%Best | -14.5% |
| $10,000 over 1.8 years | $10,460 | $13,121Best |
| Fund Family | John Hancock Investment Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Value |
| Inception | Dec 18, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 18, 2024 to Oct 14, 2026 (1.8 years).
JHCP vs VYM 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 1.8 years both funds cover.
JHCP vs VYM Performance
John Hancock Core Plus Bond ETF (JHCP) is an ETF from John Hancock Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year JHCP returned -2.10% while VYM returned +15.96%. Year to date, JHCP is down 2.37% versus a gain of 11.83% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.3% compared with 4.1% for JHCP. 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 -5.1% for JHCP and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JHCP charges 0.36% per year while VYM charges 0.04%. On a $10,000 position that is $36 vs $4 annually, a gap of $32 per year that compounds over a long holding period. On income, JHCP currently yields 4.62% against 2.37% for VYM.
Holdings Overlap
At least 0.5% of VYM's money is in holdings JHCP also owns.
Stated as a floor: for JHCP, our book for it covers 40.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 436 positions we hold weights for in JHCP and 602 in VYM, against full books of 987 and 608.
You are not choosing between two funds in isolation.
Whichever of JHCP and VYM 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, JHCP or VYM?
JHCP has an expense ratio of 0.36% while VYM charges 0.04%. VYM is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, JHCP or VYM?
Over the past year JHCP returned -2.10% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), JHCP annualized +2.53% vs +16.29% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHCP or VYM?
VYM has been the more volatile fund at 10.3% annualized versus 4.1% for JHCP. Worst drawdown: JHCP -5.1% vs VYM -14.5%.
Should I hold both JHCP and VYM?
JHCP and VYM have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JHCP or VYM?
JHCP yields 4.62% while VYM yields 2.37%, so JHCP currently pays the higher dividend yield.
Is VYM better than JHCP?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.