JHDV vs VOO
JHDV vs VOO
John Hancock US High Dividend ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. JHDV delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | JHDV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.34% | 0.03% | |
| AUM | $11M | $979.0B | |
| Dividend Yield | 2.05% | 1.09% | |
| Holdings | 74 | 509 | |
| YTD Return | +20.67% | +13.80% | |
| 1Y Return | +28.13% | +23.71% | |
| 3Y Return (annualized) | +20.94% | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 13.7% | 14.1% | |
| Max Drawdown | -19.0% | -34.3% | |
| Fund Family | John Hancock Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2022 | Sep 7, 2010 |
JHDV vs VOO Performance
John Hancock US High Dividend ETF (JHDV) is a ETF from John Hancock Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year JHDV returned +28.13% while VOO returned +23.71%. Year to date, JHDV is up 20.67% versus a gain of 13.80% for VOO.
Over three years, JHDV compounded at +20.94% per year against +21.50% for VOO. Across the full 4-year window we track, JHDV has the edge at +20.89% annualized vs +13.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.7% for JHDV. 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 -19.0% for JHDV and -34.3% for VOO. 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
JHDV charges 0.34% per year while VOO charges 0.03%. On a $10,000 position that is $34 vs $3 annually, a gap of $31 per year that compounds over a long holding period. On income, JHDV currently yields 2.05% against 1.09% for VOO.
Holdings Overlap
JHDV and VOO share 64 holdings out of 514 unique holdings combined, representing a 36.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in JHDV | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.30% | 7.51% | 0.21% |
| AAPL | 5.24% | 6.59% | 1.35% |
| MSFT | 4.79% | 4.30% | 0.49% |
| AVGO | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
| VRT | Pro | Pro | Pro |
| LRCX | Pro | Pro | Pro |
See all 10 holdings JHDV shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, JHDV or VOO?
JHDV has an expense ratio of 0.34% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, JHDV or VOO?
Over the past year JHDV returned +28.13% vs +23.71% for VOO, so JHDV leads on 1-year performance. Over the longest common window we track (4 years), JHDV annualized +20.89% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, JHDV or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 13.7% for JHDV. Worst drawdown: JHDV -19.0% vs VOO -34.3%.
Should I hold both JHDV and VOO?
JHDV and VOO 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 JHDV and VOO?
JHDV and VOO share 64 common holdings with a 36.1% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, JHDV or VOO?
JHDV yields 2.05% while VOO yields 1.09%, so JHDV currently pays the higher dividend yield.
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