JHPI vs VTI
John Hancock Preferred Income ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, JHPI or VTI?
Preferred Stock against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window.
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 | JHPI | VTI |
|---|---|---|
| Expense Ratio | 0.54% | 0.03%Best |
| AUM | $228M | $689.2B |
| Dividend Yield | 6.22% | 1.06% |
| Holdings | 430 | 3,542 |
| YTD Return | -1.01% | +12.23%Best |
| 1Y Return | -0.20% | +12.74%Best |
| 3Y Return (annualized) | +8.06% | +21.44%Best |
| 5Y Return (annualized) | +2.92% | +10.83%Best |
| Volatility (annualized) | 8.2%Best | 15.8% |
| Max Drawdown | -13.4%Best | -25.4% |
| $10,000 over 5 years | $11,548 | $16,722Best |
| Fund Family | John Hancock Investment Management | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Preferred Stock | Large Cap Blend |
| Inception | Dec 14, 2021 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2021 to Nov 11, 2026 (4.9 years).
JHPI vs VTI 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 4.9 years both funds cover.
JHPI vs VTI Performance
John Hancock Preferred Income ETF (JHPI) is an ETF from John Hancock Investment Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year JHPI returned -0.20% while VTI returned +12.74%. Year to date, JHPI is down 1.01% versus a gain of 12.23% for VTI.
Over three years, JHPI compounded at +8.06% per year against +21.44% for VTI; over five years the annualized figures are +2.92% and +10.83% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 8.2% for JHPI. 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 -13.4% for JHPI and -25.4% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHPI charges 0.54% per year while VTI charges 0.03%. On a $10,000 position that is $54 vs $3 annually, a gap of $51 per year that compounds over a long holding period. On income, JHPI currently yields 6.22% against 1.06% for VTI.
Holdings Overlap
At least 5.6% of VTI's money is in holdings JHPI also owns.
Stated as a floor: for JHPI, our book for it covers 64.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VTI and JHPI share little of their money.
61 positions in common, counted across the 133 positions we hold weights for in JHPI and 3,464 in VTI, against full books of 430 and 3,542.
Top Shared Holdings
| Stock | Weight in JHPI | Weight in VTI | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 0.63% | 1.20% | 0.57% |
| TAT&T Inc. | 0.80% | 0.23% | 0.57% |
| NEENextera Energy Inc | 0.80% | 0.22% | 0.58% |
| FCNCAFirst Citizens BancShares Inc | 0.92% | 0.02% | 0.90% |
| CFGCitizens Financial Group Inc. | 0.91% | 0.03% | 0.88% |
| SRSpire Inc. | 0.89% | 0.01% | 0.88% |
| SCHWSchwab Strategic T | 0.65% | 0.22% | 0.43% |
| XELXcel Energy Inc. | 0.79% | 0.06% | 0.73% |
| ETREntergy Corp. | 0.78% | 0.06% | 0.72% |
| DDominion Energy Inc | 0.75% | 0.07% | 0.68% |
You are not choosing between two funds in isolation.
Whichever of JHPI and VTI 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, JHPI or VTI?
JHPI has an expense ratio of 0.54% while VTI charges 0.03%. VTI is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, JHPI or VTI?
Over the past year JHPI returned -0.20% vs +12.74% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHPI or VTI?
VTI has been the more volatile fund at 15.8% annualized versus 8.2% for JHPI. Worst drawdown: JHPI -13.4% vs VTI -25.4%.
Should I hold both JHPI and VTI?
JHPI and VTI have a monthly-return correlation of 0.72, 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 JHPI and VTI?
At least 5.6% of VTI's money is in holdings JHPI also owns. Our book for JHPI is partial, so the real figure is this or higher. They hold 61 positions in common, counted across the 133 positions we hold weights for in JHPI and 3,464 in VTI.
Which pays a higher dividend, JHPI or VTI?
JHPI yields 6.22% while VTI yields 1.06%, so JHPI currently pays the higher dividend yield.
Is VTI better than JHPI?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.