JHCB vs SCHD
JHCB vs SCHD
John Hancock Corporate Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. JHCB offers more diversification with 162 holdings.
Side-by-Side Comparison
| Metric | JHCB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.06% | |
| AUM | $109M | $103.7B | |
| Dividend Yield | 4.95% | 3.31% | |
| Holdings | 179 | 104 | |
| YTD Return | -0.35% | +24.26% | |
| 1Y Return | +1.96% | +31.38% | |
| 3Y Return (annualized) | +5.39% | +15.08% | |
| 5Y Return (annualized) | +0.16% | +9.72% | |
| Volatility (annualized) | 7.9% | 13.6% | |
| Max Drawdown | -22.6% | -33.4% | |
| Fund Family | John Hancock Investment Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 30, 2021 | Oct 20, 2011 |
JHCB vs SCHD Performance
John Hancock Corporate Bond ETF (JHCB) 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 JHCB returned +1.96% while SCHD returned +31.38%. Year to date, JHCB is down 0.35% versus a gain of 24.26% for SCHD.
Over three years, JHCB compounded at +5.39% per year against +15.08% for SCHD; over five years the annualized figures are +0.16% and +9.72% respectively. Across the full 5-year window we track, SCHD has the edge at +11.39% annualized vs +0.87%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 7.9% for JHCB. 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 -22.6% for JHCB 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JHCB 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, JHCB currently yields 4.95% against 3.31% for SCHD.
Holdings Overlap
JHCB and SCHD share 0 holdings out of 262 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, JHCB or SCHD?
JHCB has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $23 per year of difference.
Which performed better, JHCB or SCHD?
Over the past year JHCB returned +1.96% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), JHCB annualized +0.87% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, JHCB or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 7.9% for JHCB. Worst drawdown: JHCB -22.6% vs SCHD -33.4%.
Should I hold both JHCB and SCHD?
JHCB and SCHD have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHCB and SCHD?
JHCB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 262 unique securities.
Which pays a higher dividend, JHCB or SCHD?
JHCB yields 4.95% while SCHD yields 3.31%, so JHCB currently pays the higher dividend yield.
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