IVV vs JHPI
iShares Core S&P 500 ETF vs John Hancock Preferred Income ETF
Which is better, IVV or JHPI?
Large Cap Blend against Preferred Stock.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | JHPI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.54% |
| AUM | $876.4B | $218M |
| Dividend Yield | 1.06% | 6.01% |
| Holdings | 508 | 207 |
| YTD Return | +12.51%Best | +0.37% |
| 1Y Return | +17.57%Best | +1.23% |
| 3Y Return (annualized) | +21.27%Best | +8.27% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 15.8% | 8.2%Best |
| Max Drawdown | -24.5% | -13.4%Best |
| $10,000 over 4.7 years | $17,293Best | $11,659 |
| Fund Family | iShares by BlackRock (US) | John Hancock Investment Management |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Preferred Stock |
| Inception | May 15, 2000 | Dec 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Dec 15, 2021 to Sep 11, 2026 (4.7 years).
IVV vs JHPI 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 4.7 years both funds cover.
IVV vs JHPI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and John Hancock Preferred Income ETF (JHPI) is an ETF from John Hancock Investment Management. Over the past year IVV returned +17.57% while JHPI returned +1.23%. Year to date, IVV is up 12.51% versus a gain of 0.37% for JHPI.
Over three years, IVV compounded at +21.27% per year against +8.27% for JHPI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 8.2% for JHPI. 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 -24.5% for IVV and -13.4% for JHPI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while JHPI charges 0.54%. On a $10,000 position that is $3 vs $54 annually, a gap of $51 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 6.01% for JHPI.
Holdings Overlap
At least 5.5% of IVV's money is in holdings JHPI also owns.
Stated as a floor: for JHPI, our book for it covers 81.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and JHPI share little of their money.
The two holdings books were reported 127 days apart, IVV as of Aug 5, 2026 and JHPI as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
34 positions in common, counted across the 505 positions we hold weights for in IVV and 167 in JHPI, against full books of 508 and 207.
Top Shared Holdings
| Stock | Weight in IVV | Weight in JHPI | Difference |
|---|---|---|---|
| JPMJpmorgan Chase & Co | 1.45% | 0.74% | 0.71% |
| BACBank Of America Corp. | 0.62% | 0.51% | 0.11% |
| PSXPhillips 66 | 0.12% | 0.99% | 0.87% |
| CCitigroup Inc. | 0.35% | 0.75% | 0.40% |
| NRGNrg Energy Inc. | 0.04% | 0.89% | 0.85% |
| DTEDte Energy Co. | 0.04% | 0.88% | 0.84% |
| EVRGEvergy Inc. | 0.03% | 0.85% | 0.82% |
| ORCLOracle Corp. | 0.37% | 0.50% | 0.13% |
| MSMorgan Stanley | 0.39% | 0.47% | 0.08% |
| DDominion Energy Inc. | 0.09% | 0.73% | 0.64% |
You are not choosing between two funds in isolation.
Whichever of IVV and JHPI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or JHPI?
IVV has an expense ratio of 0.03% while JHPI charges 0.54%. IVV is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, IVV or JHPI?
Over the past year IVV returned +17.57% vs +1.23% for JHPI, 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 JHPI?
IVV has been the more volatile fund at 15.8% annualized versus 8.2% for JHPI. Worst drawdown: IVV -24.5% vs JHPI -13.4%.
Should I hold both IVV and JHPI?
IVV and JHPI have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and JHPI?
At least 5.5% of IVV's money is in holdings JHPI also owns. Our book for JHPI is partial, so the real figure is this or higher. They hold 34 positions in common, counted across the 505 positions we hold weights for in IVV and 167 in JHPI.
Which pays a higher dividend, IVV or JHPI?
IVV yields 1.06% while JHPI yields 6.01%, so JHPI currently pays the higher dividend yield.
Is JHPI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.