IVV vs JHAC
iShares Core S&P 500 ETF vs John Hancock Fundamental All Cap Core ETF
Which is better, IVV or JHAC?
Large Cap Blend against All Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.9%.
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 | IVV | JHAC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.72% |
| AUM | $886.7B | $4M |
| Dividend Yield | 1.10% | 2.35% |
| Holdings | 508 | 52 |
| YTD Return | +13.39%Best | +5.32% |
| 1Y Return | +20.08%Best | +6.15% |
| 3Y Return (annualized) | +21.29% | - |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 11.7%Best | 14.6% |
| Max Drawdown | -18.8%Best | -24.4% |
| $10,000 over 2.8 years | $18,379Best | $15,711 |
| Top 10 Weight | 37.9%Best | 45.9% |
| Fund Family | iShares by BlackRock (US) | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | All Cap Blend |
| Inception | May 15, 2000 | Oct 31, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 2, 2023 to Sep 4, 2026 (2.8 years).
IVV vs JHAC 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 2.8 years both funds cover.
IVV vs JHAC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and John Hancock Fundamental All Cap Core ETF (JHAC) is an ETF from John Hancock Investment Management. Over the past year IVV returned +20.08% while JHAC returned +6.15%. Year to date, IVV is up 13.39% versus a gain of 5.32% for JHAC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHAC has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 11.7% 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 -18.8% for IVV and -24.4% for JHAC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while JHAC charges 0.72%. On a $10,000 position that is $3 vs $72 annually, a gap of $69 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.35% for JHAC.
Holdings Overlap
35.6% of IVV's money is in holdings JHAC also owns. 70.5% of JHAC's money is in holdings IVV also owns.
Most of JHAC is already inside IVV. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 505 positions we hold weights for in IVV and 50 in JHAC, against full books of 508 and 52.
What only one of them owns
Our book lists 17 positions for JHAC that do not appear in our book for IVV (22.0% of the fund), and 469 for IVV that do not appear in JHAC (63.9%).
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 IVV | Weight in JHAC | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 7.72% | 2.28% |
| AMZNAmazon.Com Inc | 4.01% | 8.57% | 4.56% |
| NVDANvidia Corp. | 7.98% | 3.88% | 4.10% |
| GOOGLAlphabet Inc.Class A | 3.19% | 6.37% | 3.18% |
| AAPLApple, Inc | 6.86% | 1.44% | 5.42% |
| AVGOBroadcom Inc | 2.98% | 3.15% | 0.17% |
| METAMeta Platform Inc | 1.94% | 2.95% | 1.01% |
| KKRKkr & Co. Inc. Class a | 0.11% | 3.57% | 3.46% |
| ROPRoper Technologies Inc. | 0.06% | 3.01% | 2.95% |
| TMOThermo Fisherscientific Inc. | 0.32% | 2.42% | 2.10% |
70.5% of JHAC is already inside IVV.
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, IVV or JHAC?
IVV has an expense ratio of 0.03% while JHAC charges 0.72%. IVV is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, IVV or JHAC?
Over the past year IVV returned +20.08% vs +6.15% for JHAC, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JHAC?
JHAC has been the more volatile fund at 14.6% annualized versus 11.7% for IVV. Worst drawdown: IVV -18.8% vs JHAC -24.4%.
Should I hold both IVV and JHAC?
IVV and JHAC have a monthly-return correlation of 0.91, 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 IVV and JHAC?
70.5% of JHAC's money is in holdings IVV also owns. 70.5% of JHAC's is in holdings IVV also owns. They hold 29 positions in common, counted across the 505 positions we hold weights for in IVV and 50 in JHAC.
Which pays a higher dividend, IVV or JHAC?
IVV yields 1.10% while JHAC yields 2.35%, so JHAC currently pays the higher dividend yield.
Is JHAC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.