JHDV vs VYM
John Hancock US High Dividend ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. JHDV delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | JHDV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.34% | 0.04% | |
| AUM | $11M | $81.6B | |
| Dividend Yield | 2.06% | 2.24% | |
| Holdings | 74 | 616 | |
| YTD Return | +20.70% | +14.95% | |
| 1Y Return | +25.75% | +21.14% | |
| 3Y Return (annualized) | +21.42% | +18.69% | |
| 5Y Return (annualized) | - | +12.00% | |
| Volatility (annualized) | 13.7% | 14.6% | |
| Max Drawdown | -19.0% | -58.8% | |
| Fund Family | John Hancock Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2022 | Nov 10, 2006 |
JHDV vs VYM Performance
John Hancock US High Dividend ETF (JHDV) is a ETF from John Hancock Investment Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year JHDV returned +25.75% while VYM returned +21.14%. Year to date, JHDV is up 20.70% versus a gain of 14.95% for VYM.
Over three years, JHDV compounded at +21.42% per year against +18.69% for VYM. Across the full 4-year window we track, JHDV has the edge at +20.58% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.7% 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 -58.8% for VYM. 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHDV charges 0.34% per year while VYM charges 0.04%. On a $10,000 position that is $34 vs $4 annually, a gap of $30 per year that compounds over a long holding period. On income, JHDV currently yields 2.06% against 2.24% for VYM.
Holdings Overlap
JHDV and VYM share 51 holdings out of 628 unique holdings combined, representing a 25.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JHDV or VYM?
JHDV has an expense ratio of 0.34% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, JHDV or VYM?
Over the past year JHDV returned +25.75% vs +21.14% for VYM, so JHDV leads on 1-year performance. Over the longest common window we track (4 years), JHDV annualized +20.58% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, JHDV or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 13.7% for JHDV. Worst drawdown: JHDV -19.0% vs VYM -58.8%.
Should I hold both JHDV and VYM?
JHDV and VYM have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHDV and VYM?
JHDV and VYM share 51 common holdings with a 25.9% weight overlap. Combined, they hold 628 unique securities.
Which pays a higher dividend, JHDV or VYM?
JHDV yields 2.06% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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