JHDV vs SCHD
John Hancock US High Dividend ETF vs Schwab US Dividend Equity ETF
Which is better, JHDV or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. JHDV led over 3Y and the full window, SCHD over 1Y. JHDV is less concentrated, with 33.1% of the fund in its ten largest positions against 41.5%.
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 | JHDV | SCHD |
|---|---|---|
| Expense Ratio | 0.34% | 0.06%Best |
| AUM | $11M | $112.2B |
| Dividend Yield | 2.06% | 3.13% |
| Holdings | 78 | 103 |
| YTD Return | +20.05% | +28.59%Best |
| 1Y Return | +26.75% | +31.77%Best |
| 3Y Return (annualized) | +20.63%Best | +16.70% |
| 5Y Return (annualized) | - | +10.09% |
| Volatility (annualized) | 13.6%Best | 14.1% |
| Max Drawdown | -19.0% | -16.1%Best |
| $10,000 over 3.9 years | $20,561Best | $17,601 |
| Top 10 Weight | 33.1%Best | 41.5% |
| Fund Family | John Hancock Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 27, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Sep 28, 2022 to Sep 3, 2026 (3.9 years).
JHDV vs SCHD 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 3.9 years both funds cover.
JHDV vs SCHD Performance
John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year JHDV returned +26.75% while SCHD returned +31.77%. Year to date, JHDV is up 20.05% versus a gain of 28.59% for SCHD.
Over three years, JHDV compounded at +20.63% per year against +16.70% for SCHD. Across the full 4-year window we track, JHDV has the edge at +20.30% annualized vs +15.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.6% for JHDV. 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 -19.0% for JHDV and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
JHDV charges 0.34% per year while SCHD charges 0.06%. On a $10,000 position that is $34 vs $6 annually, a gap of $28 per year that compounds over a long holding period. On income, JHDV currently yields 2.06% against 3.13% for SCHD.
Holdings Overlap
28.4% of JHDV's money is in holdings SCHD also owns. 45.0% of SCHD's money is in holdings JHDV also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 76 positions we hold weights for in JHDV and 100 in SCHD, against full books of 78 and 103.
What only one of them owns
Measured across the 76 and 100 positions we hold weights for.
SCHD holds 76 positions JHDV does not, 54.9% of the fund.
Largest: ABT 4.70%, AMGN 4.62%, MRK 4.26%, KO 4.20%, PG 3.96%
Top Shared Holdings
| Stock | Weight in JHDV | Weight in SCHD | Difference |
|---|---|---|---|
| VZVerizon Communic | 2.13% | 3.84% | 1.71% |
| HDHome Depot Inc/The | 1.23% | 4.32% | 3.09% |
| CVXChevron Corp | 1.77% | 3.74% | 1.97% |
| UNHUnitedhealth Group Incorporated | 0.98% | 4.11% | 3.13% |
| BMYBristol-Myers Squibb Co. | 1.70% | 3.31% | 1.61% |
| TXNTexas Instrument Inc | 1.45% | 3.53% | 2.08% |
| MOAltria Group Inc | 1.62% | 2.86% | 1.24% |
| CMCSAComcast Corp-class A Cmcsa | 2.06% | 2.26% | 0.20% |
| ADPAutomatic Data Processing, Inc. | 1.09% | 2.72% | 1.63% |
| UPSUnited Parcel Service, Inc | 1.71% | 1.95% | 0.24% |
45.0% of SCHD is already inside JHDV.
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, JHDV or SCHD?
JHDV has an expense ratio of 0.34% while SCHD charges 0.06%. SCHD is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, JHDV or SCHD?
Over the past year JHDV returned +26.75% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), JHDV annualized +20.30% vs +15.60% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHDV or SCHD?
SCHD has been the more volatile fund at 14.1% annualized versus 13.6% for JHDV. Worst drawdown: JHDV -19.0% vs SCHD -16.1%.
Should I hold both JHDV and SCHD?
JHDV and SCHD have a monthly-return correlation of 0.76, 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 JHDV and SCHD?
45.0% of SCHD's money is in holdings JHDV also owns. 45.0% of SCHD's is in holdings JHDV also owns. They hold 23 positions in common, counted across the 76 positions we hold weights for in JHDV and 100 in SCHD.
Which pays a higher dividend, JHDV or SCHD?
JHDV yields 2.06% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JHDV?
SCHD has a lower expense ratio. JHDV led over 3Y and the full window, SCHD over 1Y. JHDV is less concentrated, with 33.1% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.