IVV vs JHDV
iShares Core S&P 500 ETF vs John Hancock US High Dividend ETF
Which is better, IVV or JHDV?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 3Y and the full window, JHDV over 1Y. The two have moved almost in lockstep, correlation 0.94. JHDV is less concentrated, with 33.8% of the fund in its ten largest positions against 37.8%.
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 | JHDV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.34% |
| AUM | $876.4B | $11M |
| Dividend Yield | 1.06% | 2.06% |
| Holdings | 508 | 78 |
| YTD Return | +14.14% | +18.53%Best |
| 1Y Return | +17.30% | +20.52%Best |
| 3Y Return (annualized) | +23.04%Best | +22.00% |
| 5Y Return (annualized) | +13.63% | - |
| Volatility (annualized) | 13.2%Best | 13.6% |
| Max Drawdown | -18.8%Best | -19.0% |
| $10,000 over 4 years | $22,132Best | $20,481 |
| Top 10 Weight | 37.8% | 33.8%Best |
| Fund Family | iShares by BlackRock (US) | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Sep 27, 2022 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 28, 2022 to Sep 22, 2026 (4 years).
IVV 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 4 years both funds cover.
IVV vs JHDV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management. Over the past year IVV returned +17.30% while JHDV returned +20.52%. Year to date, IVV is up 14.14% versus a gain of 18.53% for JHDV.
Over three years, IVV compounded at +23.04% per year against +22.00% for JHDV. Across the full 4-year window we track, IVV has the edge at +21.97% annualized vs +19.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHDV has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.2% 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 -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 0.94. 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 JHDV charges 0.34%. On a $10,000 position that is $3 vs $34 annually, a gap of $31 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.06% for JHDV.
Holdings Overlap
39.9% of IVV's money is in holdings JHDV also owns. 86.4% of JHDV's money is in holdings IVV also owns.
Most of JHDV is already inside IVV. Owning both mostly buys the same companies twice.
62 positions in common, counted across the 490 positions we hold weights for in IVV and 75 in JHDV, against full books of 508 and 78.
What only one of them owns
Measured across the 490 and 75 positions we hold weights for.
IVV holds 420 positions JHDV does not, 58.8% of the fund.
Largest: AMZN 3.84%, GOOGL 3.00%, GOOG 2.39%, META 1.90%, TSLA 1.56%
Top Shared Holdings
| Stock | Weight in IVV | Weight in JHDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 7.89% | 0.18% |
| AAPLApple, Inc | 7.02% | 5.18% | 1.84% |
| MSFTMicrosoft Corp | 5.69% | 5.66% | 0.03% |
| AVGOBroadcom Inc | 2.65% | 2.48% | 0.17% |
| MUMicron Technology, Inc. | 1.63% | 1.91% | 0.28% |
| VZVerizon Communic | 0.32% | 2.24% | 1.92% |
| JPMJpmorgan Chase | 1.44% | 1.09% | 0.35% |
| CVXChevron Corp | 0.58% | 1.79% | 1.21% |
| PAYXPaychex, Inc. | 0.06% | 2.30% | 2.24% |
| GSGoldman Sachs Group Inc/The | 0.46% | 1.89% | 1.43% |
86.4% of JHDV 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.
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Frequently Asked Questions
Which is cheaper, IVV or JHDV?
IVV has an expense ratio of 0.03% while JHDV charges 0.34%. IVV is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, IVV or JHDV?
Over the past year IVV returned +17.30% vs +20.52% for JHDV, so JHDV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +21.97% vs +19.63% for JHDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JHDV?
JHDV has been the more volatile fund at 13.6% annualized versus 13.2% for IVV. Worst drawdown: IVV -18.8% vs JHDV -19.0%.
Should I hold both IVV and JHDV?
IVV and JHDV have a monthly-return correlation of 0.94, 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 JHDV?
86.4% of JHDV's money is in holdings IVV also owns. 86.4% of JHDV's is in holdings IVV also owns. They hold 62 positions in common, counted across the 490 positions we hold weights for in IVV and 75 in JHDV.
Which pays a higher dividend, IVV or JHDV?
IVV yields 1.06% while JHDV yields 2.06%, so JHDV currently pays the higher dividend yield.
Is JHDV better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, JHDV over 1Y. The two have moved almost in lockstep, correlation 0.94. JHDV is less concentrated, with 33.8% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.