JHCP vs SCHD
JHCP vs SCHD
John Hancock Core Plus Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. JHCP offers more diversification with 366 holdings.
Side-by-Side Comparison
| Metric | JHCP | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.06% | |
| AUM | $206M | $103.7B | |
| Dividend Yield | 4.61% | 3.31% | |
| Holdings | 687 | 104 | |
| YTD Return | +0.27% | +23.31% | |
| 1Y Return | +2.85% | +30.42% | |
| 3Y Return (annualized) | - | +14.66% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 3.3% | 13.6% | |
| Max Drawdown | -3.1% | -33.4% | |
| Fund Family | John Hancock Investment Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Dec 18, 2024 | Oct 20, 2011 |
JHCP vs SCHD Performance
John Hancock Core Plus Bond ETF (JHCP) 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 JHCP returned +2.85% while SCHD returned +30.42%. Year to date, JHCP is up 0.27% versus a gain of 23.31% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 3.3% for JHCP. 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 -3.1% for JHCP 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JHCP charges 0.36% per year while SCHD charges 0.06%. On a $10,000 position that is $36 vs $6 annually, a gap of $30 per year that compounds over a long holding period. On income, JHCP currently yields 4.61% against 3.31% for SCHD.
Holdings Overlap
JHCP and SCHD share 0 holdings out of 466 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, JHCP or SCHD?
JHCP has an expense ratio of 0.36% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, JHCP or SCHD?
Over the past year JHCP returned +2.85% vs +30.42% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), JHCP annualized +4.54% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, JHCP or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 3.3% for JHCP. Worst drawdown: JHCP -3.1% vs SCHD -33.4%.
Should I hold both JHCP and SCHD?
JHCP and SCHD have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHCP and SCHD?
JHCP and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 466 unique securities.
Which pays a higher dividend, JHCP or SCHD?
JHCP yields 4.61% while SCHD yields 3.31%, so JHCP currently pays the higher dividend yield.
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