JHML vs VTI
John Hancock Multifactor Large Cap ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, JHML or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. JHML led over 1Y, VTI 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 33.5%.
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 | VTI |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $1.2B | $689.2B |
| Dividend Yield | 0.96% | 1.06% |
| Holdings | 780 | 3,524 |
| YTD Return | +12.96% | +13.02%Best |
| 1Y Return | +17.02%Best | +16.63% |
| 3Y Return (annualized) | +20.26% | +21.97%Best |
| 5Y Return (annualized) | +11.29% | +11.99%Best |
| Volatility (annualized) | 15.3%Best | 15.5% |
| Max Drawdown | -36.1% | -35.0%Best |
| $10,000 over 5 years | $17,072 | $17,616Best |
| Top 10 Weight | 25.2%Best | 33.5% |
| Fund Family | John Hancock Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2015 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2015 to Oct 14, 2026 (11 years).
JHML vs VTI 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 VTI Performance
John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year JHML returned +17.02% while VTI returned +16.63%. Year to date, JHML is up 12.96% versus a gain of 13.02% for VTI.
Over three years, JHML compounded at +20.26% per year against +21.97% for VTI; over five years the annualized figures are +11.29% and +11.99% respectively. Across the full 11-year window we track, VTI has the edge at +13.71% annualized vs +13.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 15.3% 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 -36.1% for JHML and -35.0% for VTI. 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 VTI charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, JHML currently yields 0.96% against 1.06% for VTI.
Holdings Overlap
98.5% of JHML's money is in holdings VTI also owns. 93.0% of VTI's money is in holdings JHML also owns.
Most of JHML is already inside VTI. Owning both mostly buys the same companies twice.
749 positions in common, counted across the 773 positions we hold weights for in JHML and 3,441 in VTI, against full books of 780 and 3,524.
What only one of them owns
Our book lists 424 positions for VTI that do not appear in our book for JHML (4.8% of the fund), and 18 for JHML that do not appear in VTI (1.0%).
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 JHML | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.22% | 6.88% | 2.66% |
| AAPLApple, Inc | 4.29% | 6.30% | 2.01% |
| MSFTMicrosoft Corp | 3.67% | 5.11% | 1.44% |
| AMZNAmazon.Com Inc | 2.98% | 3.41% | 0.43% |
| GOOGLAlphabet Inc | 2.57% | 2.70% | 0.13% |
| AVGOBroadcom Inc | 1.70% | 2.38% | 0.68% |
| METAMeta Platforms Inc | 2.03% | 1.70% | 0.33% |
| MUMicron Technology, Inc. | 1.51% | 1.46% | 0.05% |
| GOOGAlphabet Inc. C | 0.81% | 2.12% | 1.31% |
| JPMJpmorgan Chase | 1.15% | 1.29% | 0.14% |
98.5% of JHML is already inside VTI.
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 VTI?
JHML has an expense ratio of 0.29% while VTI charges 0.03%. VTI is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, JHML or VTI?
Over the past year JHML returned +17.02% vs +16.63% for VTI, so JHML leads on 1-year performance. Over the longest common window we track (11 years), JHML annualized +13.09% vs +13.71% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHML or VTI?
VTI has been the more volatile fund at 15.5% annualized versus 15.3% for JHML. Worst drawdown: JHML -36.1% vs VTI -35.0%.
Should I hold both JHML and VTI?
JHML and VTI 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 VTI?
98.5% of JHML's money is in holdings VTI also owns. 93.0% of VTI's is in holdings JHML also owns. They hold 749 positions in common, counted across the 773 positions we hold weights for in JHML and 3,441 in VTI.
Which pays a higher dividend, JHML or VTI?
JHML yields 0.96% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than JHML?
VTI has a lower expense ratio. JHML led over 1Y, VTI 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 33.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.