JHML vs SCHD
John Hancock Multifactor Large Cap ETF vs Schwab US Dividend Equity ETF
Which is better, JHML or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. JHML led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 46.7%.
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 | JHML | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $1.2B | $112.2B |
| Dividend Yield | 0.98% | 3.13% |
| Holdings | 780 | 103 |
| YTD Return | +13.92% | +27.56%Best |
| 1Y Return | +19.87% | +30.29%Best |
| 3Y Return (annualized) | +19.44%Best | +16.37% |
| 5Y Return (annualized) | +11.26%Best | +10.23% |
| Volatility (annualized) | 15.4% | 14.9%Best |
| Max Drawdown | -36.1% | -33.4%Best |
| $10,000 over 5 years | $17,049Best | $16,274 |
| Top 10 Weight | 46.7% | 41.5%Best |
| Fund Family | John Hancock Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 28, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2015 to Sep 4, 2026 (10.9 years).
JHML vs SCHD 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 10.9 years both funds cover.
JHML vs SCHD Performance
John Hancock Multifactor Large Cap ETF (JHML) is an ETF from John Hancock Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year JHML returned +19.87% while SCHD returned +30.29%. Year to date, JHML is up 13.92% versus a gain of 27.56% for SCHD.
Over three years, JHML compounded at +19.44% per year against +16.37% for SCHD; over five years the annualized figures are +11.26% and +10.23% respectively. Across the full 11-year window we track, JHML has the edge at +13.31% annualized vs +12.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHML has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 14.9% for SCHD. 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 -36.1% for JHML and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHML charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, JHML currently yields 0.98% against 3.13% for SCHD.
Holdings Overlap
1.3% of JHML's money is in holdings SCHD also owns. 3.6% of SCHD's money is in holdings JHML also owns.
SCHD and JHML share little of their money.
1 positions in common, counted across the 53 positions we hold weights for in JHML and 100 in SCHD, against full books of 780 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for JHML (96.3% of the fund), and 44 for JHML that do not appear in SCHD (89.9%).
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 JHML | Weight in SCHD | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 1.28% | 3.59% | 2.31% |
You are not choosing between two funds in isolation.
Whichever of JHML and SCHD 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, JHML or SCHD?
JHML has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, JHML or SCHD?
Over the past year JHML returned +19.87% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), JHML annualized +13.31% vs +12.21% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHML or SCHD?
JHML has been the more volatile fund at 15.4% annualized versus 14.9% for SCHD. Worst drawdown: JHML -36.1% vs SCHD -33.4%.
Should I hold both JHML and SCHD?
JHML and SCHD have a monthly-return correlation of 0.87, 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 JHML and SCHD?
3.6% of SCHD's money is in holdings JHML also owns. 3.6% of SCHD's is in holdings JHML also owns. They hold 1 positions in common, counted across the 53 positions we hold weights for in JHML and 100 in SCHD.
Which pays a higher dividend, JHML or SCHD?
JHML yields 0.98% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JHML?
SCHD has a lower expense ratio. JHML led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.