JHDV vs JPEF
John Hancock US High Dividend ETF vs JPMorgan Equity Focus ETF
Which is better, JHDV or JPEF?
Each has led over a different period.
JHDV has a lower expense ratio. JHDV led over 1Y and 3Y, JPEF over the full window. The two have moved almost in lockstep, correlation 0.91. JHDV is less concentrated, with 34.7% of the fund in its ten largest positions against 45.8%.
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 | JHDV | JPEF |
|---|---|---|
| Expense Ratio | 0.34%Best | 0.44% |
| AUM | $13M | $2.1B |
| Dividend Yield | 2.25% | 0.64% |
| Holdings | 78 | 84 |
| YTD Return | +15.74%Best | +9.64% |
| 1Y Return | +18.54%Best | +11.56% |
| 3Y Return (annualized) | +20.38%Best | +19.60% |
| Volatility (annualized) | 12.8% | 12.3%Best |
| Max Drawdown | -19.0% | -18.1%Best |
| $10,000 over 3.2 years | $16,586 | $16,604Best |
| Top 10 Weight | 34.7%Best | 45.8% |
| Fund Family | John Hancock Investment Management | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2022 | Mar 10, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 31, 2023 to Oct 14, 2026 (3.2 years).
JHDV 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 covers the 3.2 years both funds cover.
JHDV vs JPEF Performance
John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year JHDV returned +18.54% while JPEF returned +11.56%. Year to date, JHDV is up 15.74% versus a gain of 9.64% for JPEF.
Over three years, JHDV compounded at +20.38% per year against +19.60% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHDV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 12.3% for JPEF. 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 -19.0% for JHDV and -18.1% for JPEF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHDV charges 0.34% per year while JPEF charges 0.44%. On a $10,000 position that is $34 vs $44 annually, a gap of $10 per year that compounds over a long holding period. On income, JHDV currently yields 2.25% against 0.64% for JPEF.
Holdings Overlap
32.0% of JHDV's money is in holdings JPEF also owns. 41.7% of JPEF's money is in holdings JHDV also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 76 positions we hold weights for in JHDV and 41 in JPEF, against full books of 78 and 84.
What only one of them owns
Measured across the 76 and 41 positions we hold weights for.
JPEF holds 28 positions JHDV does not, 56.6% of the fund.
Largest: GOOG 6.33%, AMZN 4.50%, AMD 2.74%, URI 2.64%, XOM 2.56%
Top Shared Holdings
| Stock | Weight in JHDV | Weight in JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.59% | 9.59% | 1.00% |
| AAPLApple Inc | 5.60% | 5.69% | 0.09% |
| MSFTMicrosoft Corp_None_0 | 5.86% | 5.05% | 0.81% |
| AVGOBroadcom Inc | 2.46% | 2.80% | 0.34% |
| MUMicron Technology, Inc. | 2.26% | 2.45% | 0.19% |
| JNJJohnson & Johnson - Common | 1.18% | 3.24% | 2.06% |
| MSMorgan Stanley | 1.06% | 2.78% | 1.72% |
| FIXComfort Systems USA Inc. | 1.77% | 1.75% | 0.02% |
| ADIAnalog Devices, Inc. | 0.38% | 3.08% | 2.70% |
| LRCXLam Research Corp | 1.98% | 1.16% | 0.82% |
41.7% of JPEF is already inside JHDV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, JHDV or JPEF?
JHDV has an expense ratio of 0.34% while JPEF charges 0.44%. JHDV is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, JHDV or JPEF?
Over the past year JHDV returned +18.54% vs +11.56% for JPEF, so JHDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHDV or JPEF?
JHDV has been the more volatile fund at 12.8% annualized versus 12.3% for JPEF. Worst drawdown: JHDV -19.0% vs JPEF -18.1%.
Should I hold both JHDV and JPEF?
JHDV and JPEF have a monthly-return correlation of 0.91, 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 JHDV and JPEF?
41.7% of JPEF's money is in holdings JHDV also owns. 41.7% of JPEF's is in holdings JHDV also owns. They hold 12 positions in common, counted across the 76 positions we hold weights for in JHDV and 41 in JPEF.
Which pays a higher dividend, JHDV or JPEF?
JHDV yields 2.25% while JPEF yields 0.64%, so JHDV currently pays the higher dividend yield.
Is JPEF better than JHDV?
JHDV has a lower expense ratio. JHDV led over 1Y and 3Y, JPEF over the full window. The two have moved almost in lockstep, correlation 0.91. JHDV is less concentrated, with 34.7% of the fund in its ten largest positions against 45.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.