JDVI vs SPY

JDVI vs SPY

Which is better, JDVI or SPY?

Large Cap Value against Large Cap Blend.

SPY has a lower expense ratio. JDVI led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 40.7%.

Lower Fees: SPYHigher Returns: JDVILess Concentrated: SPY

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

MetricJDVISPY
Expense Ratio0.69%0.09%Best
AUM$789M$814.4B
Dividend Yield2.17%1.01%
Holdings44505
YTD Return+17.28%Best+13.34%
1Y Return+32.39%Best+19.97%
3Y Return (annualized)-+21.20%
5Y Return (annualized)-+12.81%
Volatility (annualized)12.9%11.8%Best
Max Drawdown-15.0%Best-18.8%
$10,000 over 2.7 years$17,362Best$16,918
Top 10 Weight40.7%38.0%Best
Fund FamilyJohn Hancock Investment ManagementState Street Investment Management
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionDec 19, 2023Jan 22, 1993

Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 20, 2023 to Sep 4, 2026 (2.7 years).

JDVI vs SPY 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 2.7 years both funds cover.

JDVI vs SPY Performance

John Hancock Disciplined Value International Select ETF (JDVI) is an ETF from John Hancock Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year JDVI returned +32.39% while SPY returned +19.97%. Year to date, JDVI is up 17.28% versus a gain of 13.34% for SPY.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JDVI has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 11.8% for SPY. 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 -15.0% for JDVI and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.

Fees and Cost Over Time

JDVI charges 0.69% per year while SPY charges 0.09%. On a $10,000 position that is $69 vs $9 annually, a gap of $60 per year that compounds over a long holding period. On income, JDVI currently yields 2.17% against 1.01% for SPY.

Holdings Overlap

JDVI already in SPY1.7%

1.7% of JDVI's money is in holdings SPY also owns.

JDVI and SPY share little of their money.

1 positions in common, counted across the 37 positions we hold weights for in JDVI and 504 in SPY, against full books of 44 and 505.

What only one of them owns

Our book lists 495 positions for SPY that do not appear in our book for JDVI (99.4% of the fund), and 1 for JDVI that do not appear in SPY (1.3%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in JDVIWeight in SPYDifference
EGEverest Group Ltd Common Stock1.66%0.02%1.64%

You are not choosing between two funds in isolation.

Whichever of JDVI and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

JDVISPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, JDVI or SPY?

JDVI has an expense ratio of 0.69% while SPY charges 0.09%. SPY is the cheaper option, by $60 a year on a $10,000 investment.

Which performed better, JDVI or SPY?

Over the past year JDVI returned +32.39% vs +19.97% for SPY, so JDVI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, JDVI or SPY?

JDVI has been the more volatile fund at 12.9% annualized versus 11.8% for SPY. Worst drawdown: JDVI -15.0% vs SPY -18.8%.

Should I hold both JDVI and SPY?

JDVI and SPY have a monthly-return correlation of 0.48, 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 JDVI and SPY?

1.7% of JDVI's money is in holdings SPY also owns. 0.0% of SPY's is in holdings JDVI also owns. They hold 1 positions in common, counted across the 37 positions we hold weights for in JDVI and 504 in SPY.

Which pays a higher dividend, JDVI or SPY?

JDVI yields 2.17% while SPY yields 1.01%, so JDVI currently pays the higher dividend yield.

Is SPY better than JDVI?

SPY has a lower expense ratio. JDVI led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 40.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.