IVV vs JHHY

IVV vs JHHY
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Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. JHHY offers more diversification with 566 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: JHHY

Side-by-Side Comparison

MetricIVVJHHYWinner
Expense Ratio0.03%0.52%
AUM$907.0B$96M
Dividend Yield1.10%7.02%
Holdings508566
YTD Return+12.76%+2.76%
1Y Return+20.63%+5.48%
3Y Return (annualized)+21.71%-
5Y Return (annualized)+12.87%-
Volatility (annualized)15.1%3.3%
Max Drawdown-56.5%-5.0%
Fund FamilyiShares by BlackRock (US)John Hancock Investment Management
CategoryEquityFixed Income
InceptionMay 15, 2000May 1, 2024

IVV vs JHHY Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and John Hancock High Yield ETF (JHHY) is a ETF from John Hancock Investment Management. Over the past year IVV returned +20.63% while JHHY returned +5.48%. Year to date, IVV is up 12.76% versus a gain of 2.76% for JHHY.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.3% for JHHY. 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 -5.0% for JHHY. 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 JHHY charges 0.52%. On a $10,000 position that is $3 vs $52 annually, a gap of $49 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 7.02% for JHHY.

Holdings Overlap

0.3%overlap

IVV and JHHY share 1 holdings out of 900 unique holdings combined, representing a 0.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in JHHYDifference
C0.35%0.51%0.16%

Frequently Asked Questions

Which is cheaper, IVV or JHHY?

IVV has an expense ratio of 0.03% while JHHY charges 0.52%. IVV is the cheaper option. On a $10,000 investment, that is $49 per year of difference.

Which performed better, IVV or JHHY?

Over the past year IVV returned +20.63% vs +5.48% for JHHY, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.99% vs +8.19% for JHHY. Past performance does not guarantee future results.

Which is riskier, IVV or JHHY?

IVV has been the more volatile fund at 15.1% annualized versus 3.3% for JHHY. Worst drawdown: IVV -56.5% vs JHHY -5.0%.

Should I hold both IVV and JHHY?

IVV and JHHY 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 JHHY?

IVV and JHHY share 1 common holdings with a 0.3% weight overlap. Combined, they hold 900 unique securities.

Which pays a higher dividend, IVV or JHHY?

IVV yields 1.10% while JHHY yields 7.02%, so JHHY currently pays the higher dividend yield.

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