IVV vs JHEM
iShares Core S&P 500 ETF vs John Hancock Multifactor Emerging Markets ETF
Quick Verdict
IVV has a lower expense ratio. JHEM delivered stronger 1-year returns. JHEM offers more diversification with 945 holdings.
Side-by-Side Comparison
| Metric | IVV | JHEM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.49% | |
| AUM | $865.2B | $987M | |
| Dividend Yield | 1.09% | 1.78% | |
| Holdings | 508 | 956 | |
| YTD Return | +13.80% | +17.59% | |
| 1Y Return | +23.70% | +34.86% | |
| 3Y Return (annualized) | +21.49% | +19.65% | |
| 5Y Return (annualized) | +13.43% | +8.08% | |
| Volatility (annualized) | 15.1% | 17.8% | |
| Max Drawdown | -56.5% | -35.0% | |
| Fund Family | iShares by BlackRock (US) | John Hancock Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 27, 2018 |
IVV vs JHEM Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and John Hancock Multifactor Emerging Markets ETF (JHEM) is a ETF from John Hancock Investment Management. Over the past year IVV returned +23.70% while JHEM returned +34.86%. Year to date, IVV is up 13.80% versus a gain of 17.59% for JHEM.
Over three years, IVV compounded at +21.49% per year against +19.65% for JHEM; over five years the annualized figures are +13.43% and +8.08% respectively. Across the full 8-year window we track, JHEM has the edge at +7.79% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHEM has been the more volatile fund, with annualized monthly volatility of 17.8% 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 -56.5% for IVV and -35.0% for JHEM. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while JHEM charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.78% for JHEM.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, IVV or JHEM?
IVV has an expense ratio of 0.03% while JHEM charges 0.49%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, IVV or JHEM?
Over the past year IVV returned +23.70% vs +34.86% for JHEM, so JHEM leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +7.05% vs +7.79% for JHEM. Past performance does not guarantee future results.
Which is riskier, IVV or JHEM?
JHEM has been the more volatile fund at 17.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs JHEM -35.0%.
Should I hold both IVV and JHEM?
IVV and JHEM have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and JHEM?
IVV and JHEM share 2 common holdings with a 0.1% weight overlap. Combined, they hold 1448 unique securities.
Which pays a higher dividend, IVV or JHEM?
IVV yields 1.09% while JHEM yields 1.78%, so JHEM currently pays the higher dividend yield.
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