JHMM vs VTI
John Hancock Multifactor Mid Cap ETF vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | JHMM | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.41% | 0.03% | |
| AUM | $6.2B | $666.9B | |
| Dividend Yield | 0.89% | 1.07% | |
| Holdings | 666 | 3,543 | |
| YTD Return | +14.77% | +13.86% | |
| 1Y Return | +19.27% | +20.74% | |
| 3Y Return (annualized) | +16.78% | +21.66% | |
| 5Y Return (annualized) | +8.18% | +11.90% | |
| Volatility (annualized) | 17.3% | 15.3% | |
| Max Drawdown | -40.7% | -56.6% | |
| Fund Family | John Hancock Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 28, 2015 | May 24, 2001 |
JHMM vs VTI Performance
John Hancock Multifactor Mid Cap ETF (JHMM) is a ETF from John Hancock Investment Management and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year JHMM returned +19.27% while VTI returned +20.74%. Year to date, JHMM is up 14.77% versus a gain of 13.86% for VTI.
Over three years, JHMM compounded at +16.78% per year against +21.66% for VTI; over five years the annualized figures are +8.18% and +11.90% respectively. Across the full 11-year window we track, JHMM has the edge at +11.60% annualized vs +8.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHMM has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.3% for VTI. 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 -40.7% for JHMM and -56.6% for VTI. 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHMM charges 0.41% per year while VTI charges 0.03%. On a $10,000 position that is $41 vs $3 annually, a gap of $38 per year that compounds over a long holding period. On income, JHMM currently yields 0.89% against 1.07% for VTI.
Holdings Overlap
JHMM and VTI share 502 holdings out of 2928 unique holdings combined, representing a 11.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JHMM or VTI?
JHMM has an expense ratio of 0.41% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $38 per year of difference.
Which performed better, JHMM or VTI?
Over the past year JHMM returned +19.27% vs +20.74% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (11 years), JHMM annualized +11.60% vs +8.11% for VTI. Past performance does not guarantee future results.
Which is riskier, JHMM or VTI?
JHMM has been the more volatile fund at 17.3% annualized versus 15.3% for VTI. Worst drawdown: JHMM -40.7% vs VTI -56.6%.
Should I hold both JHMM and VTI?
JHMM and VTI have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between JHMM and VTI?
JHMM and VTI share 502 common holdings with a 11.4% weight overlap. Combined, they hold 2928 unique securities.
Which pays a higher dividend, JHMM or VTI?
JHMM yields 0.89% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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