BAFE vs JHDV
Brown Advisory Flexible Equity ETF vs John Hancock US High Dividend ETF
Which is better, BAFE or JHDV?
JHDV has been ahead.
JHDV has a lower expense ratio. JHDV led over 1Y and the full window. JHDV is less concentrated, with 33.7% of the fund in its ten largest positions against 43.3%.
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 | BAFE | JHDV |
|---|---|---|
| Expense Ratio | 0.54% | 0.34%Best |
| AUM | $1.8B | $13M |
| Dividend Yield | 0.27% | 2.21% |
| Holdings | 87 | 229 |
| YTD Return | +10.14% | +15.58%Best |
| 1Y Return | +14.01% | +17.64%Best |
| 3Y Return (annualized) | - | +19.67% |
| Volatility (annualized) | 12.9% | 12.5%Best |
| Max Drawdown | -18.4%Best | -19.0% |
| $10,000 over 2 years | $12,076 | $12,980Best |
| Top 10 Weight | 43.3% | 33.7%Best |
| Fund Family | Brown Advisory | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Sep 27, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Nov 18, 2024 to Nov 13, 2026 (2 years).
BAFE vs JHDV 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 years both funds cover.
BAFE vs JHDV Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management. Over the past year BAFE returned +14.01% while JHDV returned +17.64%. Year to date, BAFE is up 10.14% versus a gain of 15.58% for JHDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAFE has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 12.5% for JHDV. 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 -18.4% for BAFE and -19.0% for JHDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while JHDV charges 0.34%. On a $10,000 position that is $54 vs $34 annually, a gap of $20 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 2.21% for JHDV.
Holdings Overlap
19.3% of BAFE's money is in holdings JHDV also owns. 23.7% of JHDV's money is in holdings BAFE also owns.
JHDV and BAFE share little of their money.
7 positions in common, counted across the 42 positions we hold weights for in BAFE and 74 in JHDV, against full books of 87 and 229.
What only one of them owns
Our book lists 66 positions for JHDV that do not appear in our book for BAFE (73.2% of the fund), and 31 for BAFE that do not appear in JHDV (64.9%).
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 BAFE | Weight in JHDV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.52% | 5.58% | 0.94% |
| NVDANvidia Corp. | 3.39% | 7.90% | 4.51% |
| AAPLApple, Inc | 1.88% | 5.54% | 3.66% |
| PGRProgressive Corp. | 2.01% | 2.08% | 0.07% |
| UNHUnitedhealth Group Inc. | 2.62% | 0.96% | 1.66% |
| KLACKla Corp. | 1.75% | 0.77% | 0.98% |
| MRVLMarvell Technology Group Ltd. | 1.17% | 0.90% | 0.27% |
23.7% of JHDV is already inside BAFE.
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, BAFE or JHDV?
BAFE has an expense ratio of 0.54% while JHDV charges 0.34%. JHDV is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BAFE or JHDV?
Over the past year BAFE returned +14.01% vs +17.64% for JHDV, so JHDV leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +9.89% vs +13.93% for JHDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or JHDV?
BAFE has been the more volatile fund at 12.9% annualized versus 12.5% for JHDV. Worst drawdown: BAFE -18.4% vs JHDV -19.0%.
Should I hold both BAFE and JHDV?
BAFE and JHDV have a monthly-return correlation of 0.79, 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 BAFE and JHDV?
23.7% of JHDV's money is in holdings BAFE also owns. 23.7% of JHDV's is in holdings BAFE also owns. They hold 7 positions in common, counted across the 42 positions we hold weights for in BAFE and 74 in JHDV.
Which pays a higher dividend, BAFE or JHDV?
BAFE yields 0.27% while JHDV yields 2.21%, so JHDV currently pays the higher dividend yield.
Is JHDV better than BAFE?
JHDV has a lower expense ratio. JHDV led over 1Y and the full window. JHDV is less concentrated, with 33.7% of the fund in its ten largest positions against 43.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.