JHDV vs VYM

Quick Verdict

VYM has a lower expense ratio. JHDV delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: JHDVMore Diversified: VYM

Side-by-Side Comparison

MetricJHDVVYMWinner
Expense Ratio0.34%0.04%
AUM$11M$79.0B
Dividend Yield2.05%2.86%
Holdings74568
YTD Return+20.67%+15.80%
1Y Return+28.13%+26.12%
3Y Return (annualized)+20.94%+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)13.7%14.6%
Max Drawdown-19.0%-58.8%
Fund FamilyJohn Hancock Investment ManagementVanguard (US)
CategoryEquityEquity
InceptionSep 27, 2022Nov 10, 2006

JHDV vs VYM Performance

John Hancock US High Dividend ETF (JHDV) is a ETF from John Hancock Investment Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year JHDV returned +28.13% while VYM returned +26.12%. Year to date, JHDV is up 20.67% versus a gain of 15.80% for VYM.

Over three years, JHDV compounded at +20.94% per year against +18.25% for VYM. Across the full 4-year window we track, JHDV has the edge at +20.89% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% 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 -58.8% for VYM. 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 0.88. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JHDV charges 0.34% per year while VYM charges 0.04%. On a $10,000 position that is $34 vs $4 annually, a gap of $30 per year that compounds over a long holding period. On income, JHDV currently yields 2.05% against 2.86% for VYM.

Holdings Overlap

27.0%overlap

JHDV and VYM share 54 holdings out of 577 unique holdings combined, representing a 27.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in JHDVWeight in VYMDifference
AVGO2.43%6.47%4.04%
JPM:US1.55%3.36%1.81%
CVX2.44%1.53%0.91%
WMTProProPro
JNJProProPro
VZProProPro
XOMProProPro
PFEProProPro
CSCOProProPro
PMProProPro
See all 10 holdings JHDV shares with VYM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, JHDV or VYM?

JHDV has an expense ratio of 0.34% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $30 per year of difference.

Which performed better, JHDV or VYM?

Over the past year JHDV returned +28.13% vs +26.12% for VYM, so JHDV leads on 1-year performance. Over the longest common window we track (4 years), JHDV annualized +20.89% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, JHDV or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 13.7% for JHDV. Worst drawdown: JHDV -19.0% vs VYM -58.8%.

Should I hold both JHDV and VYM?

JHDV and VYM have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between JHDV and VYM?

JHDV and VYM share 54 common holdings with a 27.0% weight overlap. Combined, they hold 577 unique securities.

Which pays a higher dividend, JHDV or VYM?

JHDV yields 2.05% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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