JHCB vs VOO
John Hancock Corporate Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | JHCB | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $109M | $979.0B | |
| Dividend Yield | 4.95% | 1.09% | |
| Holdings | 179 | 509 | |
| YTD Return | -0.25% | +14.48% | |
| 1Y Return | +1.74% | +22.02% | |
| 3Y Return (annualized) | +5.74% | +21.80% | |
| 5Y Return (annualized) | +0.11% | +13.36% | |
| Volatility (annualized) | 7.9% | 14.2% | |
| Max Drawdown | -22.6% | -34.3% | |
| Fund Family | John Hancock Investment Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 30, 2021 | Sep 7, 2010 |
JHCB vs VOO Performance
John Hancock Corporate Bond ETF (JHCB) is a ETF from John Hancock Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year JHCB returned +1.74% while VOO returned +22.02%. Year to date, JHCB is down 0.25% versus a gain of 14.48% for VOO.
Over three years, JHCB compounded at +5.74% per year against +21.80% for VOO; over five years the annualized figures are +0.11% and +13.36% respectively. Across the full 5-year window we track, VOO has the edge at +13.61% annualized vs +0.88%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 7.9% for JHCB. 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 -22.6% for JHCB and -34.3% for VOO. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHCB charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, JHCB currently yields 4.95% against 1.09% for VOO.
Holdings Overlap
JHCB and VOO share 1 holdings out of 666 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in JHCB | Weight in VOO | Difference |
|---|---|---|---|
| ORCL | 0.11% | 0.39% | 0.28% |
Frequently Asked Questions
Which is cheaper, JHCB or VOO?
JHCB has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, JHCB or VOO?
Over the past year JHCB returned +1.74% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), JHCB annualized +0.88% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, JHCB or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 7.9% for JHCB. Worst drawdown: JHCB -22.6% vs VOO -34.3%.
Should I hold both JHCB and VOO?
JHCB and VOO have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHCB and VOO?
JHCB and VOO share 1 common holdings with a 0.1% weight overlap. Combined, they hold 666 unique securities.
Which pays a higher dividend, JHCB or VOO?
JHCB yields 4.95% while VOO yields 1.09%, so JHCB currently pays the higher dividend yield.
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