JHID vs TLTD
John Hancock International High Dividend ETF vs Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF
Which is better, JHID or TLTD?
Nearly the same fund. TLTD costs less.
TLTD has a lower expense ratio. JHID led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. TLTD is less concentrated, with 7.4% of the fund in its ten largest positions against 19.7%.
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 | JHID | TLTD |
|---|---|---|
| Expense Ratio | 0.46% | 0.39%Best |
| AUM | $12M | $663M |
| Dividend Yield | 3.57% | 3.27% |
| Holdings | 105 | 2,408 |
| YTD Return | +12.51%Best | +8.23% |
| 1Y Return | +22.69%Best | +16.12% |
| 3Y Return (annualized) | +21.93%Best | +21.18% |
| 5Y Return (annualized) | - | +10.09% |
| Volatility (annualized) | 12.9%Best | 13.0% |
| Max Drawdown | -12.4%Best | -13.1% |
| $10,000 over 3.8 years | $19,710Best | $18,690 |
| Top 10 Weight | 19.7% | 7.4%Best |
| Fund Family | John Hancock Investment Management | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 20, 2022 | Sep 25, 2012 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 21, 2022 to Oct 14, 2026 (3.8 years).
JHID vs TLTD 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 3.8 years both funds cover.
JHID vs TLTD Performance
John Hancock International High Dividend ETF (JHID) is an ETF from John Hancock Investment Management and Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) is an ETF from Northern Trust Asset Management. Over the past year JHID returned +22.69% while TLTD returned +16.12%. Year to date, JHID is up 12.51% versus a gain of 8.23% for TLTD.
Over three years, JHID compounded at +21.93% per year against +21.18% for TLTD. Across the full 4-year window we track, JHID has the edge at +19.55% annualized vs +17.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TLTD has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 12.9% for JHID. 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 -12.4% for JHID and -13.1% for TLTD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHID charges 0.46% per year while TLTD charges 0.39%. On a $10,000 position that is $46 vs $39 annually, a gap of $7 per year that compounds over a long holding period. On income, JHID currently yields 3.57% against 3.27% for TLTD.
Holdings Overlap
53.0% of JHID's money is in holdings TLTD also owns. 7.8% of TLTD's money is in holdings JHID also owns.
The two portfolios partly overlap.
55 positions in common, counted across the 98 positions we hold weights for in JHID and 2,236 in TLTD, against full books of 105 and 2,408.
What only one of them owns
Our book lists 13 positions for TLTD that do not appear in our book for JHID (1.4% of the fund), and 0 for JHID that do not appear in TLTD (0.0%).
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 JHID | Weight in TLTD | Difference |
|---|---|---|---|
| BBVA:MABanco Bilbao Vizcaya Argentaria S.A. Reg Shs | 1.86% | 0.50% | 1.36% |
| DBSM:SIDBS Group Holdings Ltd Dbs Group Holdings Ltd | 1.99% | 0.24% | 1.75% |
| RIO:LNRio Tinto Plc Ordinary Shares | 1.88% | 0.32% | 1.56% |
| ISP:MIIntesa Sanpaolo SpA Shs | 1.83% | 0.35% | 1.48% |
| NOVN:SMNovartis Ag – Class N | 1.52% | 0.52% | 1.00% |
| EQNR:OSEquinor Asa | 1.84% | 0.10% | 1.74% |
| 8035:JPTokyo Electron Ltd | 1.56% | 0.32% | 1.24% |
| CAGR:PACredit Agricole S.A. Shs | 1.78% | 0.08% | 1.70% |
| NTGY:MANaturgy Energy Group S.A. Naturgy Energy Group S A Ant Gas Natural Sdg S A Acciones | 1.82% | 0.01% | 1.81% |
| PST:MIPoste Italiane Spa | 1.67% | 0.04% | 1.63% |
53.0% of JHID is already inside TLTD.
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, JHID or TLTD?
JHID has an expense ratio of 0.46% while TLTD charges 0.39%. TLTD is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, JHID or TLTD?
Over the past year JHID returned +22.69% vs +16.12% for TLTD, so JHID leads on 1-year performance. Over the longest common window we track (4 years), JHID annualized +19.55% vs +17.89% for TLTD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHID or TLTD?
TLTD has been the more volatile fund at 13.0% annualized versus 12.9% for JHID. Worst drawdown: JHID -12.4% vs TLTD -13.1%.
Should I hold both JHID and TLTD?
JHID and TLTD have a monthly-return correlation of 0.96, 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 JHID and TLTD?
53.0% of JHID's money is in holdings TLTD also owns. 7.8% of TLTD's is in holdings JHID also owns. They hold 55 positions in common, counted across the 98 positions we hold weights for in JHID and 2,236 in TLTD.
Which pays a higher dividend, JHID or TLTD?
JHID yields 3.57% while TLTD yields 3.27%, so JHID currently pays the higher dividend yield.
Is TLTD better than JHID?
TLTD has a lower expense ratio. JHID led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. TLTD is less concentrated, with 7.4% of the fund in its ten largest positions against 19.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.