DGRE vs JHEM
WisdomTree Emerging Markets Quality Dividend Growth Fund vs John Hancock Multifactor Emerging Markets ETF
Which is better, DGRE or JHEM?
Nearly the same fund. DGRE costs less.
DGRE has a lower expense ratio. DGRE led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. JHEM is less concentrated, with 24.7% of the fund in its ten largest positions against 36.4%.
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 | DGRE | JHEM |
|---|---|---|
| Expense Ratio | 0.32%Best | 0.49% |
| AUM | $149M | $979M |
| Dividend Yield | 1.27% | 1.75% |
| Holdings | 282 | 956 |
| YTD Return | +27.09%Best | +18.33% |
| 1Y Return | +39.33%Best | +27.41% |
| 3Y Return (annualized) | +24.25%Best | +21.69% |
| 5Y Return (annualized) | +10.36%Best | +8.85% |
| Volatility (annualized) | 18.7% | 17.7%Best |
| Max Drawdown | -35.9% | -35.0%Best |
| $10,000 over 5 years | $16,370Best | $15,281 |
| Top 10 Weight | 36.4% | 24.7%Best |
| Fund Family | WisdomTree Investments | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 1, 2013 | Sep 27, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2018 to Oct 12, 2026 (8 years).
DGRE vs JHEM 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 8 years both funds cover.
DGRE vs JHEM Performance
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) is an ETF from WisdomTree Investments and John Hancock Multifactor Emerging Markets ETF (JHEM) is an ETF from John Hancock Investment Management. Over the past year DGRE returned +39.33% while JHEM returned +27.41%. Year to date, DGRE is up 27.09% versus a gain of 18.33% for JHEM.
Over three years, DGRE compounded at +24.25% per year against +21.69% for JHEM; over five years the annualized figures are +10.36% and +8.85% respectively. Across the full 8-year window we track, DGRE has the edge at +8.52% annualized vs +7.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DGRE has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 17.7% for JHEM. 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 -35.9% for DGRE and -35.0% for JHEM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DGRE charges 0.32% per year while JHEM charges 0.49%. On a $10,000 position that is $32 vs $49 annually, a gap of $17 per year that compounds over a long holding period. On income, DGRE currently yields 1.27% against 1.75% for JHEM.
Holdings Overlap
74.6% of DGRE's money is in holdings JHEM also owns. 39.0% of JHEM's money is in holdings DGRE also owns.
Most of DGRE is already inside JHEM. Owning both mostly buys the same companies twice.
161 positions in common, counted across the 256 positions we hold weights for in DGRE and 880 in JHEM, against full books of 282 and 956.
What only one of them owns
Our book lists 10 positions for JHEM that do not appear in our book for DGRE (2.2% of the fund), and 0 for DGRE that do not appear in JHEM (1.1%).
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 DGRE | Weight in JHEM | Difference |
|---|---|---|---|
| TSM:TWTaiwan Semiconductor - Adr | 10.20% | 4.40% | 5.80% |
| 005930:KRSamsung Electronics Co Ltd | 8.67% | 4.94% | 3.73% |
| 000660:KRSk Hynix Inc Common Stock KRW 5000 | 7.33% | 5.22% | 2.11% |
| 2454:TWMediaTek Inc ORD TWD10 | 2.20% | 2.47% | 0.27% |
| 6669:TWWiwynn Corp | 1.56% | 0.50% | 1.06% |
| 3017:TWAsia Vital Components Co Ltd | 1.11% | 0.37% | 0.74% |
| RELIANCE:MBReliance Industries Ltd | 0.70% | 0.76% | 0.06% |
| 2345:TWAccton Technology Corp Common Stock Twd 10 | 1.06% | 0.35% | 0.71% |
| KGH:PLKGHM Polska Miedz S.A. Kghm Polska Miedz Sa | 1.25% | 0.15% | 1.10% |
| PKN:PLPolski Koncern Naftowy Orlen Sa | 1.13% | 0.26% | 0.87% |
74.6% of DGRE is already inside JHEM.
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, DGRE or JHEM?
DGRE has an expense ratio of 0.32% while JHEM charges 0.49%. DGRE is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, DGRE or JHEM?
Over the past year DGRE returned +39.33% vs +27.41% for JHEM, so DGRE leads on 1-year performance. Over the longest common window we track (8 years), DGRE annualized +8.52% vs +7.69% for JHEM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DGRE or JHEM?
DGRE has been the more volatile fund at 18.7% annualized versus 17.7% for JHEM. Worst drawdown: DGRE -35.9% vs JHEM -35.0%.
Should I hold both DGRE and JHEM?
DGRE and JHEM have a monthly-return correlation of 0.97, 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 DGRE and JHEM?
74.6% of DGRE's money is in holdings JHEM also owns. 39.0% of JHEM's is in holdings DGRE also owns. They hold 161 positions in common, counted across the 256 positions we hold weights for in DGRE and 880 in JHEM.
Which pays a higher dividend, DGRE or JHEM?
DGRE yields 1.27% while JHEM yields 1.75%, so JHEM currently pays the higher dividend yield.
Is JHEM better than DGRE?
DGRE has a lower expense ratio. DGRE led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. JHEM is less concentrated, with 24.7% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.