JHMD vs SPY
JHMD vs SPY
John Hancock MultiFactor Developed International ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. JHMD delivered stronger 1-year returns. JHMD offers more diversification with 575 holdings.
Side-by-Side Comparison
| Metric | JHMD | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.09% | |
| AUM | $943M | $789.1B | |
| Dividend Yield | 3.07% | 1.01% | |
| Holdings | 590 | 505 | |
| YTD Return | +10.90% | +11.49% | |
| 1Y Return | +23.91% | +21.37% | |
| 3Y Return (annualized) | +17.30% | +20.76% | |
| 5Y Return (annualized) | +9.24% | +12.94% | |
| Volatility (annualized) | 14.9% | 15.3% | |
| Max Drawdown | -38.9% | -56.5% | |
| Fund Family | John Hancock Investment Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Dec 15, 2016 | Jan 22, 1993 |
JHMD vs SPY Performance
John Hancock MultiFactor Developed International ETF (JHMD) is a ETF from John Hancock Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year JHMD returned +23.91% while SPY returned +21.37%. Year to date, JHMD is up 10.90% versus a gain of 11.49% for SPY.
Over three years, JHMD compounded at +17.30% per year against +20.76% for SPY; over five years the annualized figures are +9.24% and +12.94% respectively. Across the full 10-year window we track, SPY has the edge at +8.78% annualized vs +8.53%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.9% for JHMD. 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 -38.9% for JHMD and -56.5% for SPY. 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHMD charges 0.39% per year while SPY charges 0.09%. On a $10,000 position that is $39 vs $9 annually, a gap of $30 per year that compounds over a long holding period. On income, JHMD currently yields 3.07% against 1.01% for SPY.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, JHMD or SPY?
JHMD has an expense ratio of 0.39% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, JHMD or SPY?
Over the past year JHMD returned +23.91% vs +21.37% for SPY, so JHMD leads on 1-year performance. Over the longest common window we track (10 years), JHMD annualized +8.53% vs +8.78% for SPY. Past performance does not guarantee future results.
Which is riskier, JHMD or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 14.9% for JHMD. Worst drawdown: JHMD -38.9% vs SPY -56.5%.
Should I hold both JHMD and SPY?
JHMD and SPY have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JHMD and SPY?
JHMD and SPY share 2 common holdings with a 0.1% weight overlap. Combined, they hold 1076 unique securities.
Which pays a higher dividend, JHMD or SPY?
JHMD yields 3.07% while SPY yields 1.01%, so JHMD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.