JHAC vs SCHD
John Hancock Fundamental All Cap Core ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | JHAC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.72% | 0.06% | |
| AUM | $4M | $108.7B | |
| Dividend Yield | 2.35% | 3.13% | |
| Holdings | 52 | 104 | |
| YTD Return | +3.94% | +27.67% | |
| 1Y Return | +7.24% | +31.26% | |
| 3Y Return (annualized) | - | +16.66% | |
| 5Y Return (annualized) | - | +10.18% | |
| Volatility (annualized) | 14.8% | 13.6% | |
| Max Drawdown | -24.4% | -33.4% | |
| Fund Family | John Hancock Investment Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 31, 2023 | Oct 20, 2011 |
JHAC vs SCHD Performance
John Hancock Fundamental All Cap Core ETF (JHAC) is a ETF from John Hancock Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year JHAC returned +7.24% while SCHD returned +31.26%. Year to date, JHAC is up 3.94% versus a gain of 27.67% for SCHD.
Risk: Volatility and Drawdowns
JHAC has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 13.6% for SCHD. 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 -24.4% for JHAC and -33.4% for SCHD. 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JHAC charges 0.72% per year while SCHD charges 0.06%. On a $10,000 position that is $72 vs $6 annually, a gap of $66 per year that compounds over a long holding period. On income, JHAC currently yields 2.35% against 3.13% for SCHD.
Holdings Overlap
JHAC and SCHD share 3 holdings out of 148 unique holdings combined, representing a 3.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JHAC or SCHD?
JHAC has an expense ratio of 0.72% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, JHAC or SCHD?
Over the past year JHAC returned +7.24% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), JHAC annualized +17.24% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, JHAC or SCHD?
JHAC has been the more volatile fund at 14.8% annualized versus 13.6% for SCHD. Worst drawdown: JHAC -24.4% vs SCHD -33.4%.
Should I hold both JHAC and SCHD?
JHAC and SCHD have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHAC and SCHD?
JHAC and SCHD share 3 common holdings with a 3.7% weight overlap. Combined, they hold 148 unique securities.
Which pays a higher dividend, JHAC or SCHD?
JHAC yields 2.35% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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