HTD vs IVV
John Hancock Tax-Advantaged Dividend Income Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | HTD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.96% | 0.03% | |
| AUM | $917M | $907.0B | |
| Dividend Yield | 7.17% | 1.10% | |
| Holdings | 124 | 508 | |
| YTD Return | +12.43% | +13.74% | |
| 1Y Return | +12.52% | +21.54% | |
| 3Y Return (annualized) | +18.87% | +22.61% | |
| 5Y Return (annualized) | +8.29% | +13.31% | |
| Volatility (annualized) | 19.3% | 15.1% | |
| Max Drawdown | -75.5% | -56.5% | |
| Fund Family | John Hancock Investment Management | iShares by BlackRock (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Feb 27, 2004 | May 15, 2000 |
HTD vs IVV Performance
John Hancock Tax-Advantaged Dividend Income Fund (HTD) is a ETF from John Hancock Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HTD returned +12.52% while IVV returned +21.54%. Year to date, HTD is up 12.43% versus a gain of 13.74% for IVV.
Over three years, HTD compounded at +18.87% per year against +22.61% for IVV; over five years the annualized figures are +8.29% and +13.31% respectively. Across the full 22-year window we track, IVV has the edge at +7.04% annualized vs +3.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HTD has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 15.1% for IVV. 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 -75.5% for HTD and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HTD charges 1.96% per year while IVV charges 0.03%. On a $10,000 position that is $196 vs $3 annually, a gap of $193 per year that compounds over a long holding period. On income, HTD currently yields 7.17% against 1.10% for IVV.
Holdings Overlap
HTD and IVV share 40 holdings out of 538 unique holdings combined, representing a 4.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HTD or IVV?
HTD has an expense ratio of 1.96% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $193 per year of difference.
Which performed better, HTD or IVV?
Over the past year HTD returned +12.52% vs +21.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (22 years), HTD annualized +3.00% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, HTD or IVV?
HTD has been the more volatile fund at 19.3% annualized versus 15.1% for IVV. Worst drawdown: HTD -75.5% vs IVV -56.5%.
Should I hold both HTD and IVV?
HTD and IVV have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HTD and IVV?
HTD and IVV share 40 common holdings with a 4.4% weight overlap. Combined, they hold 538 unique securities.
Which pays a higher dividend, HTD or IVV?
HTD yields 7.17% while IVV yields 1.10%, so HTD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.