JHHY vs UNIY
John Hancock High Yield ETF vs WisdomTree Voya Yield Enhanced USD Universal Bond Fund
Which is better, JHHY or UNIY?
JHHY has been ahead.
UNIY has a lower expense ratio. JHHY 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 | JHHY | UNIY |
|---|---|---|
| Expense Ratio | 0.52% | 0.15%Best |
| AUM | $133M | $1.3B |
| Dividend Yield | 7.19% | 5.06% |
| Holdings | 561 | 6,627 |
| YTD Return | -0.35%Best | -2.08% |
| 1Y Return | +1.35%Best | -1.93% |
| 3Y Return (annualized) | - | +4.82% |
| Volatility (annualized) | 3.9%Best | 4.3% |
| Max Drawdown | -5.0% | -4.4%Best |
| $10,000 over 2.5 years | $11,669Best | $10,959 |
| Fund Family | John Hancock Investment Management | WisdomTree Investments |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | May 1, 2024 | Feb 7, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: May 2, 2024 to Oct 14, 2026 (2.5 years).
JHHY vs UNIY 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 2.5 years both funds cover.
JHHY vs UNIY Performance
John Hancock High Yield ETF (JHHY) is an ETF from John Hancock Investment Management and WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) is an ETF from WisdomTree Investments. Over the past year JHHY returned +1.35% while UNIY returned -1.93%. Year to date, JHHY is down 0.35% versus a loss of 2.08% for UNIY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UNIY has been the more volatile fund, with annualized monthly volatility of 4.3% compared with 3.9% for JHHY. 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 -5.0% for JHHY and -4.4% for UNIY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHHY charges 0.52% per year while UNIY charges 0.15%. On a $10,000 position that is $52 vs $15 annually, a gap of $37 per year that compounds over a long holding period. On income, JHHY currently yields 7.19% against 5.06% for UNIY.
Holdings Overlap
We hold position weights for 409 holdings in JHHY and 5,275 in UNIY, totalling 62.7% and 64.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 193 positions appear in both.
193 positions in common, counted across the 409 positions we hold weights for in JHHY and 5,275 in UNIY, against full books of 561 and 6,627.
Top Shared Holdings
| Stock | Weight in JHHY | Weight in UNIY | Difference |
|---|---|---|---|
| NSANY 4.81 09/17/30 | 0.53% | 0.02% | 0.51% |
| CRGYFN 7.625 04/01/3Crescent Energy Finance Regd 144A P/P 7.62500000 4/1/2032 | 0.53% | 0.01% | 0.52% |
| CNC 3 10/15/30Centene Corp., 3.000% Oct 15, 2030 | 0.53% | 0.00% | 0.53% |
| TIBX 9 09/30/29 144ACloud Software Group Inc 9% 30Sep2029 | 0.49% | 0.01% | 0.48% |
| UNSEAM 6.875 06/15/3Allied Universal Holdco Llc / Allied Universal Finance Corp 6.88 06/15/2030 | 0.48% | 0.00% | 0.48% |
| ALLY 6.7 02/14/33Ally Financial, Inc. 6.70%, 02/14/33 | 0.48% | 0.00% | 0.48% |
| CVS V6.75 12/10/54Cvs Health Corp Jr Subordina 12/54 Var | 0.46% | 0.00% | 0.46% |
| WCC 6.625 03/15/32 1Wesco Distribution, Inc. 6.625 2032-03-15 | 0.43% | 0.00% | 0.43% |
| VMED 7.75 04/15/32 1Vmed O2 Uk Fin 7.75 4/32 | 0.41% | 0.02% | 0.39% |
| GSYCN 9.25 12/01/28 | 0.40% | 0.01% | 0.39% |
You are not choosing between two funds in isolation.
Whichever of JHHY and UNIY 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, JHHY or UNIY?
JHHY has an expense ratio of 0.52% while UNIY charges 0.15%. UNIY is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, JHHY or UNIY?
Over the past year JHHY returned +1.35% vs -1.93% for UNIY, so JHHY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHHY or UNIY?
UNIY has been the more volatile fund at 4.3% annualized versus 3.9% for JHHY. Worst drawdown: JHHY -5.0% vs UNIY -4.4%.
Should I hold both JHHY and UNIY?
JHHY and UNIY have a monthly-return correlation of 0.74, 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, JHHY or UNIY?
JHHY yields 7.19% while UNIY yields 5.06%, so JHHY currently pays the higher dividend yield.
Is UNIY better than JHHY?
UNIY has a lower expense ratio. JHHY 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.