JHDG vs QQQ
John Hancock Hedged Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, JHDG or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.9%.
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 | JHDG | QQQ |
|---|---|---|
| Expense Ratio | 0.49% | 0.18%Best |
| AUM | $107M | $483.5B |
| Dividend Yield | 0.10% | 0.44% |
| Holdings | 117 | 107 |
| YTD Return | +8.84% | +17.21%Best |
| 1Y Return | - | +22.10% |
| 3Y Return (annualized) | - | +25.27% |
| 5Y Return (annualized) | - | +14.60% |
| Top 10 Weight | 47.9% | 46.5%Best |
| Fund Family | John Hancock Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 8, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
JHDG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
JHDG vs QQQ Performance
John Hancock Hedged Equity ETF (JHDG) is an ETF from John Hancock Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, JHDG is up 8.84% versus a gain of 17.21% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
JHDG charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, JHDG currently yields 0.10% against 0.44% for QQQ.
Holdings Overlap
47.8% of JHDG's money is in holdings QQQ also owns. 45.6% of QQQ's money is in holdings JHDG also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 54 positions we hold weights for in JHDG and 102 in QQQ, against full books of 117 and 107.
What only one of them owns
Our book lists 82 positions for QQQ that do not appear in our book for JHDG (51.9% of the fund), and 30 for JHDG that do not appear in QQQ (43.8%).
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 JHDG | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 8.63% | 5.76% | 2.87% |
| NVDANvidia Corp | 5.19% | 8.44% | 3.25% |
| AMZNAmazon.Com Inc | 6.38% | 4.67% | 1.71% |
| GOOGLAlphabet Inc,class A | 7.13% | 3.36% | 3.77% |
| AVGOBroadcom Inc | 3.98% | 3.16% | 0.82% |
| MUMicron Technology, Inc. | 2.10% | 4.43% | 2.33% |
| AMDAdvanced Micro Devices Inc | 2.80% | 3.45% | 0.65% |
| COSTCostco Wholesale Corp. | 3.48% | 1.84% | 1.64% |
| WMTWalmart, Inc. | 2.45% | 2.41% | 0.04% |
| PANWPalo Alto Networks, Inc | 1.90% | 1.30% | 0.60% |
47.8% of JHDG 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, JHDG or QQQ?
JHDG has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
What is the holdings overlap between JHDG and QQQ?
47.8% of JHDG's money is in holdings QQQ also owns. 45.6% of QQQ's is in holdings JHDG also owns. They hold 14 positions in common, counted across the 54 positions we hold weights for in JHDG and 102 in QQQ.
Which pays a higher dividend, JHDG or QQQ?
JHDG yields 0.10% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than JHDG?
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.