JDVL vs QQQ
John Hancock Disciplined Value Select ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. JDVL delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | JDVL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.18% | |
| AUM | $909M | $496.3B | |
| Dividend Yield | 1.49% | 0.44% | |
| Holdings | 41 | 108 | |
| YTD Return | +19.20% | +16.64% | |
| 1Y Return | +30.60% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 12.2% | 30.6% | |
| Max Drawdown | -9.2% | -83.0% | |
| Fund Family | John Hancock Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 6, 2025 | Mar 10, 1999 |
JDVL vs QQQ Performance
John Hancock Disciplined Value Select ETF (JDVL) is a ETF from John Hancock Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JDVL returned +30.60% while QQQ returned +27.27%. Year to date, JDVL is up 19.20% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.2% for JDVL. 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 -9.2% for JDVL and -83.0% for QQQ. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JDVL charges 0.56% per year while QQQ charges 0.18%. On a $10,000 position that is $56 vs $18 annually, a gap of $38 per year that compounds over a long holding period. On income, JDVL currently yields 1.49% against 0.44% for QQQ.
Holdings Overlap
JDVL and QQQ share 11 holdings out of 129 unique holdings combined, representing a 17.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JDVL or QQQ?
JDVL has an expense ratio of 0.56% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $38 per year of difference.
Which performed better, JDVL or QQQ?
Over the past year JDVL returned +30.60% vs +27.27% for QQQ, so JDVL leads on 1-year performance. Over the longest common window we track (1 years), JDVL annualized +31.09% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, JDVL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.2% for JDVL. Worst drawdown: JDVL -9.2% vs QQQ -83.0%.
Should I hold both JDVL and QQQ?
JDVL and QQQ have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JDVL and QQQ?
JDVL and QQQ share 11 common holdings with a 17.0% weight overlap. Combined, they hold 129 unique securities.
Which pays a higher dividend, JDVL or QQQ?
JDVL yields 1.49% while QQQ yields 0.44%, so JDVL currently pays the higher dividend yield.
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