JHLN vs SCHD
John Hancock Global Senior Loan ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. JHLN offers more diversification with 196 holdings.
Side-by-Side Comparison
| Metric | JHLN | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.62% | 0.06% | |
| AUM | $640M | $108.7B | |
| Dividend Yield | 4.90% | 3.13% | |
| Holdings | 196 | 104 | |
| YTD Return | +2.15% | +28.63% | |
| 1Y Return | +3.38% | +32.53% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +10.47% | |
| Volatility (annualized) | 2.4% | 13.7% | |
| Max Drawdown | -1.5% | -33.4% | |
| Fund Family | John Hancock Investment Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Aug 20, 2025 | Oct 20, 2011 |
JHLN vs SCHD Performance
John Hancock Global Senior Loan ETF (JHLN) is a ETF from John Hancock Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year JHLN returned +3.38% while SCHD returned +32.53%. Year to date, JHLN is up 2.15% versus a gain of 28.63% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 2.4% for JHLN. 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 -1.5% for JHLN and -33.4% for SCHD. 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 0.10. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JHLN charges 0.62% per year while SCHD charges 0.06%. On a $10,000 position that is $62 vs $6 annually, a gap of $56 per year that compounds over a long holding period. On income, JHLN currently yields 4.90% against 3.13% for SCHD.
Holdings Overlap
JHLN and SCHD share 0 holdings out of 224 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, JHLN or SCHD?
JHLN has an expense ratio of 0.62% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, JHLN or SCHD?
Over the past year JHLN returned +3.38% vs +32.53% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, JHLN or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 2.4% for JHLN. Worst drawdown: JHLN -1.5% vs SCHD -33.4%.
Should I hold both JHLN and SCHD?
JHLN and SCHD have a monthly-return correlation of 0.10, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHLN and SCHD?
JHLN and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 224 unique securities.
Which pays a higher dividend, JHLN or SCHD?
JHLN yields 4.90% while SCHD yields 3.13%, so JHLN currently pays the higher dividend yield.
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