JHDV vs VYM
John Hancock US High Dividend ETF vs Vanguard High Dividend Yield ETF
Which is better, JHDV or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. JHDV led over 3Y and the full window, VYM over 1Y. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 33.7%.
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 | VYM |
|---|---|---|
| Expense Ratio | 0.34% | 0.04%Best |
| AUM | $13M | $95.8B |
| Dividend Yield | 2.21% | 2.23% |
| Holdings | 229 | 610 |
| YTD Return | +15.58% | +15.95%Best |
| 1Y Return | +17.64% | +19.62%Best |
| 3Y Return (annualized) | +19.67%Best | +19.64% |
| 5Y Return (annualized) | - | +11.48% |
| Volatility (annualized) | 13.5% | 12.9%Best |
| Max Drawdown | -19.0% | -14.5%Best |
| $10,000 over 4.1 years | $19,821Best | $18,816 |
| Top 10 Weight | 33.7% | 25.8%Best |
| Fund Family | John Hancock Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 27, 2022 | Nov 10, 2006 |
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 VYM 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 VYM Performance
John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year JHDV returned +17.64% while VYM returned +19.62%. Year to date, JHDV is up 15.58% versus a gain of 15.95% for VYM.
Over three years, JHDV compounded at +19.67% per year against +19.64% for VYM. Across the full 4-year window we track, JHDV has the edge at +18.16% annualized vs +16.67%.
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 12.9% for VYM. 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 -14.5% for VYM. 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 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 2.21% against 2.23% for VYM.
Holdings Overlap
58.5% of JHDV's money is in holdings VYM also owns. 39.0% of VYM's money is in holdings JHDV also owns.
The two portfolios partly overlap.
The two holdings books were reported 60 days apart, JHDV as of Oct 30, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
52 positions in common, counted across the 74 positions we hold weights for in JHDV and 602 in VYM, against full books of 229 and 610.
What only one of them owns
Our book lists 523 positions for VYM that do not appear in our book for JHDV (59.6% of the fund), and 20 for JHDV that do not appear in VYM (38.5%).
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 VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.46% | 6.94% | 4.48% |
| JPMJpmorgan Chase & Co. | 1.02% | 3.83% | 2.81% |
| JNJJohnson & Johnson - Common | 1.63% | 2.58% | 0.95% |
| CVXChevron Corp. | 1.96% | 1.54% | 0.42% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.74% | 1.76% | 0.02% |
| ORCLOracle Corp. | 1.95% | 1.03% | 0.92% |
| GSGoldman Sachs Group Inc. | 1.70% | 1.12% | 0.58% |
| VZVerizon Communications Inc Com Usd1 | 1.94% | 0.84% | 1.10% |
| IBMInternational Business Machines Corp. | 1.79% | 0.89% | 0.90% |
| TXNTexas Instruments, Inc | 1.66% | 0.96% | 0.70% |
58.5% of JHDV is already inside VYM.
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 VYM?
JHDV has an expense ratio of 0.34% while VYM charges 0.04%. VYM is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, JHDV or VYM?
Over the past year JHDV returned +17.64% vs +19.62% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), JHDV annualized +18.16% vs +16.67% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHDV or VYM?
JHDV has been the more volatile fund at 13.5% annualized versus 12.9% for VYM. Worst drawdown: JHDV -19.0% vs VYM -14.5%.
Should I hold both JHDV and VYM?
JHDV and VYM 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 VYM?
58.5% of JHDV's money is in holdings VYM also owns. 39.0% of VYM's is in holdings JHDV also owns. They hold 52 positions in common, counted across the 74 positions we hold weights for in JHDV and 602 in VYM.
Which pays a higher dividend, JHDV or VYM?
JHDV yields 2.21% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than JHDV?
VYM has a lower expense ratio. JHDV led over 3Y and the full window, VYM over 1Y. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 33.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.