IVV vs JHMB
iShares Core S&P 500 ETF vs John Hancock Mortgage-Backed Securities 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 | IVV | JHMB | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $907.0B | $205M | |
| Dividend Yield | 1.10% | 4.84% | |
| Holdings | 508 | 442 | |
| YTD Return | +12.71% | +0.38% | |
| 1Y Return | +21.89% | +3.96% | |
| 3Y Return (annualized) | +22.08% | +5.78% | |
| 5Y Return (annualized) | +12.96% | +1.31% | |
| Volatility (annualized) | 15.1% | 5.8% | |
| Max Drawdown | -56.5% | -14.5% | |
| Fund Family | iShares by BlackRock (US) | John Hancock Investment Management | |
| Category | Equity | Allocation/Balanced | |
| Inception | May 15, 2000 | Aug 18, 2021 |
IVV vs JHMB Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and John Hancock Mortgage-Backed Securities ETF (JHMB) is a ETF from John Hancock Investment Management. Over the past year IVV returned +21.89% while JHMB returned +3.96%. Year to date, IVV is up 12.71% versus a gain of 0.38% for JHMB.
Over three years, IVV compounded at +22.08% per year against +5.78% for JHMB; over five years the annualized figures are +12.96% and +1.31% respectively. Across the full 5-year window we track, IVV has the edge at +7.00% annualized vs +1.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 5.8% for JHMB. 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 -14.5% for JHMB. 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while JHMB charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 4.84% for JHMB.
Holdings Overlap
IVV and JHMB share 1 holdings out of 640 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in JHMB | Difference |
|---|---|---|---|
| DUK | 0.15% | 0.23% | 0.08% |
Frequently Asked Questions
Which is cheaper, IVV or JHMB?
IVV has an expense ratio of 0.03% while JHMB charges 0.39%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IVV or JHMB?
Over the past year IVV returned +21.89% vs +3.96% for JHMB, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.00% vs +1.34% for JHMB. Past performance does not guarantee future results.
Which is riskier, IVV or JHMB?
IVV has been the more volatile fund at 15.1% annualized versus 5.8% for JHMB. Worst drawdown: IVV -56.5% vs JHMB -14.5%.
Should I hold both IVV and JHMB?
IVV and JHMB have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and JHMB?
IVV and JHMB share 1 common holdings with a 0.1% weight overlap. Combined, they hold 640 unique securities.
Which pays a higher dividend, IVV or JHMB?
IVV yields 1.10% while JHMB yields 4.84%, so JHMB 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.