JHML vs USSE
John Hancock Multifactor Large Cap ETF vs Segall Bryant & Hamill Select Equity ETF
Which is better, JHML or USSE?
Each has led over a different period.
JHML has a lower expense ratio. JHML led over 3Y and the full window, USSE over 1Y. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 58.1%.
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 | JHML | USSE |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.65% |
| AUM | $1.2B | $372M |
| Dividend Yield | 0.96% | 0.00% |
| Holdings | 780 | 42 |
| YTD Return | +12.96% | +22.80%Best |
| 1Y Return | +17.02% | +25.31%Best |
| 3Y Return (annualized) | +20.26%Best | +18.49% |
| 5Y Return (annualized) | +11.29% | - |
| Volatility (annualized) | 12.4%Best | 13.3% |
| Max Drawdown | -18.2%Best | -22.4% |
| $10,000 over 3.1 years | $16,740Best | $16,412 |
| Top 10 Weight | 25.2%Best | 58.1% |
| Fund Family | John Hancock Investment Management | Segall Bryaant & Hamill Asset management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2015 | Aug 29, 2023 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 30, 2023 to Oct 14, 2026 (3.1 years).
JHML vs USSE 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 3.1 years both funds cover.
JHML vs USSE Performance
John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management and Segall Bryant & Hamill Select Equity ETF (USSE) is an ETF from Segall Bryaant & Hamill Asset management. Over the past year JHML returned +17.02% while USSE returned +25.31%. Year to date, JHML is up 12.96% versus a gain of 22.80% for USSE.
Over three years, JHML compounded at +20.26% per year against +18.49% for USSE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USSE has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.4% for JHML. 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 -18.2% for JHML and -22.4% for USSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHML charges 0.29% per year while USSE charges 0.65%. On a $10,000 position that is $29 vs $65 annually, a gap of $36 per year that compounds over a long holding period. On income, JHML currently yields 0.96% against 0.00% for USSE.
Holdings Overlap
22.5% of JHML's money is in holdings USSE also owns. 93.7% of USSE's money is in holdings JHML also owns.
Most of USSE is already inside JHML. Owning both mostly buys the same companies twice.
19 positions in common, counted across the 773 positions we hold weights for in JHML and 20 in USSE, against full books of 780 and 42.
What only one of them owns
Our book lists 0 positions for USSE that do not appear in our book for JHML (0.0% of the fund), and 723 for JHML that do not appear in USSE (76.6%).
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 JHML | Weight in USSE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.22% | 7.48% | 3.26% |
| MSFTMicrosoft Corp | 3.67% | 7.22% | 3.55% |
| AAPLApple, Inc | 4.29% | 4.67% | 0.38% |
| AMZNAmazon.Com Inc | 2.98% | 5.61% | 2.63% |
| GOOGAlphabet Inc. C | 0.81% | 6.98% | 6.17% |
| ANETArista Networks Inc. | 0.24% | 5.81% | 5.57% |
| ATIAti Inc | 0.06% | 5.92% | 5.86% |
| METAMeta Platforms Inc | 2.03% | 3.68% | 1.65% |
| JPMJpmorgan Chase | 1.15% | 4.20% | 3.05% |
| PANWPalo Alto Networks, Inc | 0.29% | 5.05% | 4.76% |
93.7% of USSE is already inside JHML.
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, JHML or USSE?
JHML has an expense ratio of 0.29% while USSE charges 0.65%. JHML is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, JHML or USSE?
Over the past year JHML returned +17.02% vs +25.31% for USSE, so USSE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHML or USSE?
USSE has been the more volatile fund at 13.3% annualized versus 12.4% for JHML. Worst drawdown: JHML -18.2% vs USSE -22.4%.
Should I hold both JHML and USSE?
JHML and USSE have a monthly-return correlation of 0.87, 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 JHML and USSE?
93.7% of USSE's money is in holdings JHML also owns. 93.7% of USSE's is in holdings JHML also owns. They hold 19 positions in common, counted across the 773 positions we hold weights for in JHML and 20 in USSE.
Which pays a higher dividend, JHML or USSE?
JHML yields 0.96% while USSE yields 0.00%, so JHML currently pays the higher dividend yield.
Is USSE better than JHML?
JHML has a lower expense ratio. JHML led over 3Y and the full window, USSE over 1Y. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 58.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.