JHML vs VONE
John Hancock Multifactor Large Cap ETF vs Vanguard Russell 1000 ETF
Which is better, JHML or VONE?
Nearly the same fund. VONE costs less.
VONE has a lower expense ratio. JHML led over 1Y, VONE over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 34.9%.
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 | VONE |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $1.2B | $8.9B |
| Dividend Yield | 0.96% | 1.02% |
| Holdings | 780 | 1,027 |
| YTD Return | +12.96% | +13.02%Best |
| 1Y Return | +17.02%Best | +16.73% |
| 3Y Return (annualized) | +20.26% | +22.11%Best |
| 5Y Return (annualized) | +11.29% | +12.44%Best |
| Volatility (annualized) | 15.3%Tie | 15.3%Tie |
| Max Drawdown | -36.1% | -34.7%Best |
| $10,000 over 5 years | $17,072 | $17,972Best |
| Top 10 Weight | 25.2%Best | 34.9% |
| Fund Family | John Hancock Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2015 | Sep 20, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2015 to Oct 14, 2026 (11 years).
JHML vs VONE 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 11 years both funds cover.
JHML vs VONE Performance
John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management and Vanguard Russell 1000 ETF (VONE) is an ETF from Vanguard (US). Over the past year JHML returned +17.02% while VONE returned +16.73%. Year to date, JHML is up 12.96% versus a gain of 13.02% for VONE.
Over three years, JHML compounded at +20.26% per year against +22.11% for VONE; over five years the annualized figures are +11.29% and +12.44% respectively. Across the full 11-year window we track, VONE has the edge at +13.98% annualized vs +13.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHML and VONE have been equally volatile, both at 15.3% annualized.
The deepest peak-to-trough decline in our data was -36.1% for JHML and -34.7% for VONE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHML charges 0.29% per year while VONE charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, JHML currently yields 0.96% against 1.02% for VONE.
Holdings Overlap
97.3% of JHML's money is in holdings VONE also owns. 96.5% of VONE's money is in holdings JHML also owns.
Most of JHML is already inside VONE. Owning both mostly buys the same companies twice.
729 positions in common, counted across the 773 positions we hold weights for in JHML and 1,014 in VONE, against full books of 780 and 1,027.
What only one of them owns
Our book lists 210 positions for VONE that do not appear in our book for JHML (2.9% of the fund), and 35 for JHML that do not appear in VONE (2.1%).
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 VONE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.22% | 7.26% | 3.04% |
| AAPLApple, Inc | 4.29% | 6.46% | 2.17% |
| MSFTMicrosoft Corp | 3.67% | 5.31% | 1.64% |
| AMZNAmazon.Com Inc | 2.98% | 3.55% | 0.57% |
| GOOGLAlphabet Inc | 2.57% | 2.79% | 0.22% |
| AVGOBroadcom Inc | 1.70% | 2.43% | 0.73% |
| METAMeta Platforms Inc | 2.03% | 1.77% | 0.26% |
| GOOGAlphabet Inc. C | 0.81% | 2.25% | 1.44% |
| MUMicron Technology, Inc. | 1.51% | 1.52% | 0.01% |
| JPMJpmorgan Chase | 1.15% | 1.34% | 0.19% |
97.3% of JHML is already inside VONE.
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 VONE?
JHML has an expense ratio of 0.29% while VONE charges 0.06%. VONE is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, JHML or VONE?
Over the past year JHML returned +17.02% vs +16.73% for VONE, so JHML leads on 1-year performance. Over the longest common window we track (11 years), JHML annualized +13.09% vs +13.98% for VONE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHML or VONE?
JHML and VONE have been equally volatile, both at 15.3% annualized. Worst drawdown: JHML -36.1% vs VONE -34.7%.
Should I hold both JHML and VONE?
JHML and VONE have a monthly-return correlation of 0.99, 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 JHML and VONE?
97.3% of JHML's money is in holdings VONE also owns. 96.5% of VONE's is in holdings JHML also owns. They hold 729 positions in common, counted across the 773 positions we hold weights for in JHML and 1,014 in VONE.
Which pays a higher dividend, JHML or VONE?
JHML yields 0.96% while VONE yields 1.02%, so VONE currently pays the higher dividend yield.
Is VONE better than JHML?
VONE has a lower expense ratio. JHML led over 1Y, VONE over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. JHML is less concentrated, with 25.2% of the fund in its ten largest positions against 34.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.