JHDG vs USMC
John Hancock Hedged Equity ETF vs Principal U.S. Mega-Cap ETF
Which is better, JHDG or USMC?
USMC costs less.
USMC has a lower expense ratio. JHDG is less concentrated, with 47.8% of the fund in its ten largest positions against 55.3%.
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 | USMC |
|---|---|---|
| Expense Ratio | 0.49% | 0.12%Best |
| AUM | $128M | $5.2B |
| Dividend Yield | 0.18% | 0.74% |
| Holdings | 117 | 58 |
| YTD Return | +10.57% | +13.98%Best |
| 1Y Return | - | +14.91% |
| 3Y Return (annualized) | - | +22.22% |
| 5Y Return (annualized) | - | +14.81% |
| Top 10 Weight | 47.8%Best | 55.3% |
| Fund Family | John Hancock Investment Management | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 8, 2026 | Oct 11, 2017 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
JHDG vs USMC 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 USMC Performance
John Hancock Hedged Equity ETF (JHDG) is an ETF from John Hancock Investment Management and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Year to date, JHDG is up 10.57% versus a gain of 13.98% for USMC.
Past performance does not guarantee future results.
Fees and Cost Over Time
JHDG charges 0.49% per year while USMC charges 0.12%. On a $10,000 position that is $49 vs $12 annually, a gap of $37 per year that compounds over a long holding period. On income, JHDG currently yields 0.18% against 0.74% for USMC.
Holdings Overlap
46.8% of JHDG's money is in holdings USMC also owns. 49.6% of USMC's money is in holdings JHDG also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 55 positions we hold weights for in JHDG and 27 in USMC, against full books of 117 and 58.
What only one of them owns
Our book lists 16 positions for USMC that do not appear in our book for JHDG (50.4% of the fund), and 33 for JHDG that do not appear in USMC (42.2%).
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 JHDG | Weight in USMC | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 8.73% | 5.55% | 3.18% |
| NVDANvidia Corp. | 4.89% | 7.99% | 3.10% |
| GOOGLAlphabet Inc Cap Stk Cl A | 6.86% | 5.33% | 1.53% |
| AMZNAmazon.Com Inc | 6.32% | 3.77% | 2.55% |
| MUMicron Technology, Inc. | 2.03% | 7.18% | 5.15% |
| JPMJpmorgan Chase | 4.32% | 4.65% | 0.33% |
| AVGOBroadcom Inc | 4.31% | 4.44% | 0.13% |
| COSTCostco Wholesale Corp. | 3.44% | 3.51% | 0.07% |
| BRK.BBrk/B | 2.96% | 3.07% | 0.11% |
| LLYEli Lilly & Co. | 2.91% | 2.28% | 0.63% |
49.6% of USMC 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 USMC?
JHDG has an expense ratio of 0.49% while USMC charges 0.12%. USMC is the cheaper option, by $37 a year on a $10,000 investment.
What is the holdings overlap between JHDG and USMC?
49.6% of USMC's money is in holdings JHDG also owns. 49.6% of USMC's is in holdings JHDG also owns. They hold 11 positions in common, counted across the 55 positions we hold weights for in JHDG and 27 in USMC.
Which pays a higher dividend, JHDG or USMC?
JHDG yields 0.18% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than JHDG?
USMC has a lower expense ratio. JHDG is less concentrated, with 47.8% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.