JDVL vs QQQ
John Hancock Disciplined Value Select ETF vs Invesco QQQ Trust, Series 1
Which is better, JDVL or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. JDVL led over 1Y and the full window. JDVL is less concentrated, with 41.1% of the fund in its ten largest positions against 46.9%.
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 | JDVL | QQQ |
|---|---|---|
| Expense Ratio | 0.56% | 0.18%Best |
| AUM | $1.0B | $437.3B |
| Dividend Yield | 1.45% | 0.43% |
| Holdings | 81 | 208 |
| YTD Return | +17.22%Best | +12.98% |
| 1Y Return | +19.94%Best | +11.59% |
| 3Y Return (annualized) | - | +23.05% |
| 5Y Return (annualized) | - | +12.74% |
| Volatility (annualized) | 11.7%Best | 21.2% |
| Max Drawdown | -9.2%Best | -14.8% |
| $10,000 over 1.3 years | $13,128Best | $12,309 |
| Top 10 Weight | 41.1%Best | 46.9% |
| Fund Family | John Hancock Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Aug 6, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Aug 6, 2025 to Nov 11, 2026 (1.3 years).
JDVL vs QQQ 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 1.3 years both funds cover.
JDVL vs QQQ Performance
John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JDVL returned +19.94% while QQQ returned +11.59%. Year to date, JDVL is up 17.22% versus a gain of 12.98% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 11.7% 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 -14.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
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 1.45% against 0.43% for QQQ.
Holdings Overlap
33.4% of JDVL's money is in holdings QQQ also owns. 30.2% of QQQ's money is in holdings JDVL also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 40 positions we hold weights for in JDVL and 101 in QQQ, against full books of 81 and 208.
What only one of them owns
Our book lists 83 positions for QQQ that do not appear in our book for JDVL (67.0% of the fund), and 27 for JDVL that do not appear in QQQ (60.0%).
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
| Stock | Weight in JDVL | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.73% | 6.16% | 0.57% |
| AMZNAmazon.Com Inc | 7.30% | 4.23% | 3.07% |
| NVDANvidia Corp | 1.80% | 8.05% | 6.25% |
| MUMicron Technology, Inc. | 1.88% | 4.47% | 2.59% |
| METAMeta Platforms Inc | 1.93% | 3.37% | 1.44% |
| GILDGilead Sciences | 3.27% | 0.83% | 2.44% |
| NXPINxp Semiconductors N.V. Common Stock | 3.47% | 0.25% | 3.22% |
| AMATApplied Material | 1.42% | 1.45% | 0.03% |
| FANGDiamondback Energy Inc. | 2.31% | 0.23% | 2.08% |
| MRVLMarvell Technology Inc | 1.39% | 0.90% | 0.49% |
33.4% of JDVL is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $38 a year on a $10,000 investment.
Which performed better, JDVL or QQQ?
Over the past year JDVL returned +19.94% vs +11.59% for QQQ, so JDVL leads on 1-year performance. Over the longest common window we track (1 years), JDVL annualized +23.29% vs +17.33% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JDVL or QQQ?
QQQ has been the more volatile fund at 21.2% annualized versus 11.7% for JDVL. Worst drawdown: JDVL -9.2% vs QQQ -14.8%.
Should I hold both JDVL and QQQ?
JDVL and QQQ have a monthly-return correlation of 0.64, 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 JDVL and QQQ?
33.4% of JDVL's money is in holdings QQQ also owns. 30.2% of QQQ's is in holdings JDVL also owns. They hold 11 positions in common, counted across the 40 positions we hold weights for in JDVL and 101 in QQQ.
Which pays a higher dividend, JDVL or QQQ?
JDVL yields 1.45% while QQQ yields 0.43%, so JDVL currently pays the higher dividend yield.
Is QQQ better than JDVL?
QQQ has a lower expense ratio. JDVL led over 1Y and the full window. JDVL is less concentrated, with 41.1% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.