JHMD vs VOO

Quick Verdict

VOO has a lower expense ratio. JHMD delivered stronger 1-year returns. JHMD offers more diversification with 575 holdings.

Lower Fees: VOOHigher Returns: JHMDMore Diversified: JHMD

Side-by-Side Comparison

MetricJHMDVOOWinner
Expense Ratio0.39%0.03%
AUM$943M$979.0B
Dividend Yield3.07%1.09%
Holdings590509
YTD Return+12.28%+13.31%
1Y Return+25.13%+24.01%
3Y Return (annualized)+17.60%+21.17%
5Y Return (annualized)+9.48%+13.34%
Volatility (annualized)14.9%14.1%
Max Drawdown-38.9%-34.3%
Fund FamilyJohn Hancock Investment ManagementVanguard (US)
CategoryEquityEquity
InceptionDec 15, 2016Sep 7, 2010

JHMD vs VOO Performance

John Hancock MultiFactor Developed International ETF (JHMD) 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 JHMD returned +25.13% while VOO returned +24.01%. Year to date, JHMD is up 12.28% versus a gain of 13.31% for VOO.

Over three years, JHMD compounded at +17.60% per year against +21.17% for VOO; over five years the annualized figures are +9.48% and +13.34% respectively. Across the full 10-year window we track, VOO has the edge at +13.55% annualized vs +8.67%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JHMD has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 14.1% for VOO. 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 -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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JHMD charges 0.39% per year while VOO charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, JHMD currently yields 3.07% against 1.09% for VOO.

Holdings Overlap

0.1%overlap

JHMD and VOO share 2 holdings out of 1078 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in JHMDWeight in VOODifference
ROP0.77%0.05%0.72%
BG0.05%0.02%0.03%

Frequently Asked Questions

Which is cheaper, JHMD or VOO?

JHMD has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $36 per year of difference.

Which performed better, JHMD or VOO?

Over the past year JHMD returned +25.13% vs +24.01% for VOO, so JHMD leads on 1-year performance. Over the longest common window we track (10 years), JHMD annualized +8.67% vs +13.55% for VOO. Past performance does not guarantee future results.

Which is riskier, JHMD or VOO?

JHMD has been the more volatile fund at 14.9% annualized versus 14.1% for VOO. Worst drawdown: JHMD -38.9% vs VOO -34.3%.

Should I hold both JHMD and VOO?

JHMD and VOO 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 VOO?

JHMD and VOO share 2 common holdings with a 0.1% weight overlap. Combined, they hold 1078 unique securities.

Which pays a higher dividend, JHMD or VOO?

JHMD yields 3.07% while VOO yields 1.09%, so JHMD currently pays the higher dividend yield.

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