JHDG vs JPEF
John Hancock Hedged Equity ETF vs JPMorgan Equity Focus ETF
Which is better, JHDG or JPEF?
JPEF costs less.
JPEF has a lower expense ratio. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 47.8%.
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 | JHDG | JPEF |
|---|---|---|
| Expense Ratio | 0.49% | 0.44%Best |
| AUM | $128M | $2.1B |
| Dividend Yield | 0.18% | 0.64% |
| Holdings | 117 | 84 |
| YTD Return | +10.57%Best | +9.64% |
| 1Y Return | - | +11.56% |
| 3Y Return (annualized) | - | +19.60% |
| Top 10 Weight | 47.8% | 45.8%Best |
| Fund Family | John Hancock Investment Management | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 8, 2026 | Mar 10, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
JHDG vs JPEF 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
JHDG vs JPEF Performance
John Hancock Hedged Equity ETF (JHDG) is an ETF from John Hancock Investment Management and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Year to date, JHDG is up 10.57% versus a gain of 9.64% for JPEF.
Past performance does not guarantee future results.
Fees and Cost Over Time
JHDG charges 0.49% per year while JPEF charges 0.44%. On a $10,000 position that is $49 vs $44 annually, a gap of $5 per year that compounds over a long holding period. On income, JHDG currently yields 0.18% against 0.64% for JPEF.
Holdings Overlap
33.6% of JHDG's money is in holdings JPEF also owns. 40.8% of JPEF's money is in holdings JHDG also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 55 positions we hold weights for in JHDG and 41 in JPEF, against full books of 117 and 84.
What only one of them owns
Our book lists 30 positions for JPEF that do not appear in our book for JHDG (57.5% of the fund), and 34 for JHDG that do not appear in JPEF (55.4%).
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 JHDG | Weight in JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 4.89% | 9.59% | 4.70% |
| MSFTMicrosoft Corp_None_0 | 8.73% | 5.05% | 3.68% |
| AMZNAmazon.Com Inc | 6.32% | 4.50% | 1.82% |
| AVGOBroadcom Inc | 4.31% | 2.80% | 1.51% |
| GOOGAlphabet, Inc.- Cl C | -0.10% | 6.33% | 6.43% |
| AMDAdvanced Micro Devices Inc. | 3.06% | 2.74% | 0.32% |
| PANWPalo Alto Networks Inc. | 2.15% | 2.45% | 0.30% |
| MUMicron Technology, Inc. | 2.03% | 2.45% | 0.42% |
| MSMorgan Stanley | 0.77% | 2.78% | 2.01% |
| AMTAmerican Tower Corporation | 1.34% | 2.07% | 0.73% |
40.8% of JPEF is already inside JHDG.
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, JHDG or JPEF?
JHDG has an expense ratio of 0.49% while JPEF charges 0.44%. JPEF is the cheaper option, by $5 a year on a $10,000 investment.
What is the holdings overlap between JHDG and JPEF?
40.8% of JPEF's money is in holdings JHDG also owns. 40.8% of JPEF's is in holdings JHDG also owns. They hold 10 positions in common, counted across the 55 positions we hold weights for in JHDG and 41 in JPEF.
Which pays a higher dividend, JHDG or JPEF?
JHDG yields 0.18% while JPEF yields 0.64%, so JPEF currently pays the higher dividend yield.
Is JPEF better than JHDG?
JPEF has a lower expense ratio. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 47.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.