JHDV vs PWRD
John Hancock US High Dividend ETF vs TCW Transform Systems ETF
Which is better, JHDV or PWRD?
Each has led over a different period.
JHDV has a lower expense ratio. JHDV led over 1Y, PWRD over 3Y and the full window. JHDV is less concentrated, with 34.7% of the fund in its ten largest positions against 50.6%.
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 | PWRD |
|---|---|---|
| Expense Ratio | 0.34%Best | 0.75% |
| AUM | $13M | $1.5B |
| Dividend Yield | 2.25% | 0.06% |
| Holdings | 78 | 56 |
| YTD Return | +15.74%Best | +3.29% |
| 1Y Return | +18.54%Best | +2.06% |
| 3Y Return (annualized) | +20.38% | +25.66%Best |
| Volatility (annualized) | 13.6%Best | 20.8% |
| Max Drawdown | -19.0%Best | -25.9% |
| $10,000 over 4 years | $19,792 | $21,785Best |
| Top 10 Weight | 34.7%Best | 50.6% |
| Fund Family | John Hancock Investment Management | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2022 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 28, 2022 to Oct 14, 2026 (4 years).
JHDV vs PWRD 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 4 years both funds cover.
JHDV vs PWRD Performance
John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year JHDV returned +18.54% while PWRD returned +2.06%. Year to date, JHDV is up 15.74% versus a gain of 3.29% for PWRD.
Over three years, JHDV compounded at +20.38% per year against +25.66% for PWRD. Across the full 4-year window we track, PWRD has the edge at +21.49% annualized vs +18.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 13.6% for JHDV. 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 -25.9% for PWRD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHDV charges 0.34% per year while PWRD charges 0.75%. On a $10,000 position that is $34 vs $75 annually, a gap of $41 per year that compounds over a long holding period. On income, JHDV currently yields 2.25% against 0.06% for PWRD.
Holdings Overlap
7.1% of JHDV's money is in holdings PWRD also owns. 15.3% of PWRD's money is in holdings JHDV also owns.
PWRD and JHDV share little of their money.
4 positions in common, counted across the 76 positions we hold weights for in JHDV and 28 in PWRD, against full books of 78 and 56.
What only one of them owns
Measured across the 76 and 28 positions we hold weights for.
PWRD holds 18 positions JHDV does not, 66.0% of the fund.
Largest: GE 8.02%, ANET 5.72%, VG 5.10%, AMAT 4.88%, UNP 4.29%
You are not choosing between two funds in isolation.
Whichever of JHDV and PWRD 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, JHDV or PWRD?
JHDV has an expense ratio of 0.34% while PWRD charges 0.75%. JHDV is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, JHDV or PWRD?
Over the past year JHDV returned +18.54% vs +2.06% for PWRD, so JHDV leads on 1-year performance. Over the longest common window we track (4 years), JHDV annualized +18.61% vs +21.49% for PWRD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHDV or PWRD?
PWRD has been the more volatile fund at 20.8% annualized versus 13.6% for JHDV. Worst drawdown: JHDV -19.0% vs PWRD -25.9%.
Should I hold both JHDV and PWRD?
JHDV and PWRD have a monthly-return correlation of 0.73, 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 JHDV and PWRD?
15.3% of PWRD's money is in holdings JHDV also owns. 15.3% of PWRD's is in holdings JHDV also owns. They hold 4 positions in common, counted across the 76 positions we hold weights for in JHDV and 28 in PWRD.
Which pays a higher dividend, JHDV or PWRD?
JHDV yields 2.25% while PWRD yields 0.06%, so JHDV currently pays the higher dividend yield.
Is PWRD better than JHDV?
JHDV has a lower expense ratio. JHDV led over 1Y, PWRD over 3Y and the full window. JHDV is less concentrated, with 34.7% of the fund in its ten largest positions against 50.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.