JHMU vs RVNU
John Hancock Dynamic Municipal Bond ETF vs Xtrackers Municipal Infrastructure Revenue Bond Active ETF
Which is better, JHMU or RVNU?
JHMU has been ahead.
RVNU has a lower expense ratio. JHMU led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | JHMU | RVNU |
|---|---|---|
| Expense Ratio | 0.39% | 0.15%Best |
| AUM | $53M | $131M |
| Dividend Yield | 4.06% | 3.84% |
| Holdings | 424 | 513 |
| YTD Return | -2.25%Best | -2.34% |
| 1Y Return | -0.91%Best | -2.40% |
| 3Y Return (annualized) | +4.83%Best | +3.67% |
| 5Y Return (annualized) | - | -1.20% |
| Volatility (annualized) | 4.5%Best | 6.3% |
| Max Drawdown | -6.2%Best | -9.8% |
| $10,000 over 2.9 years | $11,466Best | $11,058 |
| Fund Family | John Hancock Investment Management | Xtrackers ETFs |
| Category | Tax Preferred | Tax Preferred |
| Style | Municipal Bond | Municipal Bond |
| Inception | Nov 1, 2023 | Jun 4, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 2, 2023 to Oct 14, 2026 (2.9 years).
JHMU vs RVNU 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 2.9 years both funds cover.
JHMU vs RVNU Performance
John Hancock Dynamic Municipal Bond ETF (JHMU) is an ETF from John Hancock Investment Management and Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) is an ETF from Xtrackers ETFs. Over the past year JHMU returned -0.91% while RVNU returned -2.40%. Year to date, JHMU is down 2.25% versus a loss of 2.34% for RVNU.
Over three years, JHMU compounded at +4.83% per year against +3.67% for RVNU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RVNU has been the more volatile fund, with annualized monthly volatility of 6.3% compared with 4.5% for JHMU. 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 -6.2% for JHMU and -9.8% for RVNU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHMU charges 0.39% per year while RVNU charges 0.15%. On a $10,000 position that is $39 vs $15 annually, a gap of $24 per year that compounds over a long holding period. On income, JHMU currently yields 4.06% against 3.84% for RVNU.
Holdings Overlap
We hold position weights for 117 holdings in JHMU and 115 in RVNU, totalling 39.3% and 35.5% 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, 7 positions appear in both.
7 positions in common, counted across the 117 positions we hold weights for in JHMU and 115 in RVNU, against full books of 424 and 513.
Top Shared Holdings
| Stock | Weight in JHMU | Weight in RVNU | Difference |
|---|---|---|---|
| WA PTSGEN 5 08/01/20Port Of Seattle Wash Revenue 5.0 08/01/2047 | 1.04% | 0.35% | 0.69% |
| KY KYSPWR 06/01/2055Kentucky Inc Ky Pub Energy Aut 5.25% Dec 01, 2029 | 0.38% | 0.75% | 0.37% |
| DC METAPT 5 10/01/20Metropolitan Washington D.C. Airports Authority, Airport System Revenue Bonds, Refunding Series 2021A. | 0.38% | 0.42% | 0.04% |
| MI MISTRN 4 11/15/20Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020b | 0.17% | 0.34% | 0.17% |
| CA LOSAPT 5 05/15/20Los Angeles (City Of), Ca Department Of Airports | 0.27% | 0.09% | 0.18% |
| NC CHAUTL 5 07/01/20City Of Charlotte Nc Water & Sewer System Revenue 5.0% 07-01-49 | 0.18% | 0.18% | 0.00% |
| TX TXSWTR 4 10/15/20Texas Water Development Board, State Water Implementation Revenue Fund Bonds, Master Trust Series 2021 | 0.16% | 0.18% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of JHMU and RVNU 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, JHMU or RVNU?
JHMU has an expense ratio of 0.39% while RVNU charges 0.15%. RVNU is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, JHMU or RVNU?
Over the past year JHMU returned -0.91% vs -2.40% for RVNU, so JHMU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHMU or RVNU?
RVNU has been the more volatile fund at 6.3% annualized versus 4.5% for JHMU. Worst drawdown: JHMU -6.2% vs RVNU -9.8%.
Should I hold both JHMU and RVNU?
JHMU and RVNU have a monthly-return correlation of 0.93, 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.
Which pays a higher dividend, JHMU or RVNU?
JHMU yields 4.06% while RVNU yields 3.84%, so JHMU currently pays the higher dividend yield.
Is RVNU better than JHMU?
RVNU has a lower expense ratio. JHMU led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.