JHID vs QQQ
John Hancock International High Dividend ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. JHID delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | JHID | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.46% | 0.18% | |
| AUM | $12M | $496.3B | |
| Dividend Yield | 3.41% | 0.44% | |
| Holdings | 106 | 108 | |
| YTD Return | +17.51% | +17.30% | |
| 1Y Return | +30.17% | +24.93% | |
| 3Y Return (annualized) | +23.04% | +26.19% | |
| 5Y Return (annualized) | - | +15.34% | |
| Volatility (annualized) | 12.8% | 30.6% | |
| Max Drawdown | -12.4% | -83.0% | |
| Fund Family | John Hancock Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 20, 2022 | Mar 10, 1999 |
JHID vs QQQ Performance
John Hancock International High Dividend ETF (JHID) is a ETF from John Hancock Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JHID returned +30.17% while QQQ returned +24.93%. Year to date, JHID is up 17.51% versus a gain of 17.30% for QQQ.
Over three years, JHID compounded at +23.04% per year against +26.19% for QQQ. Across the full 4-year window we track, JHID has the edge at +21.91% annualized vs +13.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.8% for JHID. 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 -12.4% for JHID and -83.0% for QQQ. 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JHID charges 0.46% per year while QQQ charges 0.18%. On a $10,000 position that is $46 vs $18 annually, a gap of $28 per year that compounds over a long holding period. On income, JHID currently yields 3.41% against 0.44% for QQQ.
Holdings Overlap
JHID and QQQ share 0 holdings out of 199 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JHID or QQQ?
JHID has an expense ratio of 0.46% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $28 per year of difference.
Which performed better, JHID or QQQ?
Over the past year JHID returned +30.17% vs +24.93% for QQQ, so JHID leads on 1-year performance. Over the longest common window we track (4 years), JHID annualized +21.91% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, JHID or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.8% for JHID. Worst drawdown: JHID -12.4% vs QQQ -83.0%.
Should I hold both JHID and QQQ?
JHID and QQQ have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHID and QQQ?
JHID and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 199 unique securities.
Which pays a higher dividend, JHID or QQQ?
JHID yields 3.41% while QQQ yields 0.44%, so JHID currently pays the higher dividend yield.
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