JHEM vs VYM
John Hancock Multifactor Emerging Markets ETF vs Vanguard High Dividend Yield ETF
Which is better, JHEM or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. JHEM led over 1Y and 3Y, VYM over 5Y and the full window. JHEM is less concentrated, with 24.7% of the fund in its ten largest positions against 26.1%.
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 | JHEM | VYM |
|---|---|---|
| Expense Ratio | 0.49% | 0.04%Best |
| AUM | $1.0B | $81.6B |
| Dividend Yield | 1.75% | 2.22% |
| Holdings | 956 | 613 |
| YTD Return | +19.90%Best | +11.35% |
| 1Y Return | +29.34%Best | +15.34% |
| 3Y Return (annualized) | +21.11%Best | +17.22% |
| 5Y Return (annualized) | +9.45% | +12.30%Best |
| Volatility (annualized) | 17.8% | 15.6%Best |
| Max Drawdown | -35.0%Best | -35.7% |
| $10,000 over 5 years | $15,706 | $17,861Best |
| Top 10 Weight | 24.7%Best | 26.1% |
| Fund Family | John Hancock Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 27, 2018 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2018 to Sep 18, 2026 (8 years).
JHEM 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 8 years both funds cover.
JHEM vs VYM Performance
John Hancock Multifactor Emerging Markets ETF (JHEM) 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 JHEM returned +29.34% while VYM returned +15.34%. Year to date, JHEM is up 19.90% versus a gain of 11.35% for VYM.
Over three years, JHEM compounded at +21.11% per year against +17.22% for VYM; over five years the annualized figures are +9.45% and +12.30% respectively. Across the full 8-year window we track, VYM has the edge at +10.04% annualized vs +7.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHEM has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 15.6% 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 -35.0% for JHEM and -35.7% 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHEM charges 0.49% per year while VYM charges 0.04%. On a $10,000 position that is $49 vs $4 annually, a gap of $45 per year that compounds over a long holding period. On income, JHEM currently yields 1.75% against 2.22% for VYM.
Holdings Overlap
0.1% of JHEM's money is in holdings VYM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 880 positions we hold weights for in JHEM and 557 in VYM, against full books of 956 and 613.
What only one of them owns
Our book lists 527 positions for VYM that do not appear in our book for JHEM (97.1% of the fund), and 17 for JHEM that do not appear in VYM (1.5%).
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 JHEM | Weight in VYM | Difference |
|---|---|---|---|
| BHEBenchmark Electronics Inc | 0.15% | 0.01% | 0.14% |
You are not choosing between two funds in isolation.
Whichever of JHEM and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JHEM or VYM?
JHEM has an expense ratio of 0.49% while VYM charges 0.04%. VYM is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, JHEM or VYM?
Over the past year JHEM returned +29.34% vs +15.34% for VYM, so JHEM leads on 1-year performance. Over the longest common window we track (8 years), JHEM annualized +7.94% vs +10.04% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHEM or VYM?
JHEM has been the more volatile fund at 17.8% annualized versus 15.6% for VYM. Worst drawdown: JHEM -35.0% vs VYM -35.7%.
Should I hold both JHEM and VYM?
JHEM and VYM have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JHEM or VYM?
JHEM yields 1.75% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than JHEM?
VYM has a lower expense ratio. JHEM led over 1Y and 3Y, VYM over 5Y and the full window. JHEM is less concentrated, with 24.7% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.