JHDV vs USMC
John Hancock US High Dividend ETF vs Principal U.S. Mega-Cap ETF
Which is better, JHDV or USMC?
Each has led over a different period.
USMC has a lower expense ratio. JHDV led over 1Y, USMC over 3Y and the full window. JHDV is less concentrated, with 33.7% of the fund in its ten largest positions against 50.6%.
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 | USMC |
|---|---|---|
| Expense Ratio | 0.34% | 0.12%Best |
| AUM | $13M | $5.0B |
| Dividend Yield | 2.21% | 0.74% |
| Holdings | 229 | 316 |
| YTD Return | +15.58%Best | +11.07% |
| 1Y Return | +17.64%Best | +11.41% |
| 3Y Return (annualized) | +19.67% | +20.22%Best |
| 5Y Return (annualized) | - | +13.15% |
| Volatility (annualized) | 13.5% | 12.8%Best |
| Max Drawdown | -19.0%Best | -19.1% |
| $10,000 over 4.1 years | $19,821 | $22,447Best |
| Top 10 Weight | 33.7%Best | 50.6% |
| Fund Family | John Hancock Investment Management | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2022 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Sep 28, 2022 to Nov 13, 2026 (4.1 years).
JHDV vs USMC 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 4.1 years both funds cover.
JHDV vs USMC Performance
John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year JHDV returned +17.64% while USMC returned +11.41%. Year to date, JHDV is up 15.58% versus a gain of 11.07% for USMC.
Over three years, JHDV compounded at +19.67% per year against +20.22% for USMC. Across the full 4-year window we track, USMC has the edge at +21.80% annualized vs +18.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHDV has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 12.8% for USMC. 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 -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHDV charges 0.34% per year while USMC charges 0.12%. On a $10,000 position that is $34 vs $12 annually, a gap of $22 per year that compounds over a long holding period. On income, JHDV currently yields 2.21% against 0.74% for USMC.
Holdings Overlap
60.4% of JHDV's money is in holdings USMC also owns. 52.6% of USMC's money is in holdings JHDV also owns.
The two portfolios partly overlap.
36 positions in common, counted across the 74 positions we hold weights for in JHDV and 101 in USMC, against full books of 229 and 316.
What only one of them owns
Our book lists 65 positions for USMC that do not appear in our book for JHDV (47.4% of the fund), and 37 for JHDV that do not appear in USMC (36.5%).
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 JHDV | Weight in USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.90% | 9.97% | 2.07% |
| AAPLApple, Inc | 5.54% | 10.32% | 4.78% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.58% | 8.00% | 2.42% |
| AVGOBroadcom Inc | 2.46% | 3.18% | 0.72% |
| MUMicron Technology, Inc. | 1.91% | 2.08% | 0.17% |
| LLYEli Lilly & Co. | 1.03% | 2.50% | 1.47% |
| JNJJohnson & Johnson - Common | 1.63% | 1.37% | 0.26% |
| JPMJpmorgan Chase & Co. | 1.02% | 1.89% | 0.87% |
| CVXChevron Corp. | 1.96% | 0.92% | 1.04% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.74% | 0.87% | 0.87% |
60.4% of JHDV is already inside USMC.
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 USMC?
JHDV has an expense ratio of 0.34% while USMC charges 0.12%. USMC is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, JHDV or USMC?
Over the past year JHDV returned +17.64% vs +11.41% for USMC, so JHDV leads on 1-year performance. Over the longest common window we track (4 years), JHDV annualized +18.16% vs +21.80% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHDV or USMC?
JHDV has been the more volatile fund at 13.5% annualized versus 12.8% for USMC. Worst drawdown: JHDV -19.0% vs USMC -19.1%.
Should I hold both JHDV and USMC?
JHDV and USMC have a monthly-return correlation of 0.86, 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 USMC?
60.4% of JHDV's money is in holdings USMC also owns. 52.6% of USMC's is in holdings JHDV also owns. They hold 36 positions in common, counted across the 74 positions we hold weights for in JHDV and 101 in USMC.
Which pays a higher dividend, JHDV or USMC?
JHDV yields 2.21% while USMC yields 0.74%, so JHDV currently pays the higher dividend yield.
Is USMC better than JHDV?
USMC has a lower expense ratio. JHDV led over 1Y, USMC over 3Y and the full window. JHDV is less concentrated, with 33.7% of the fund in its ten largest positions against 50.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.