JHMD vs VYM

Quick Verdict

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

Lower Fees: VYMHigher Returns: VYMMore Diversified: JHMD

Side-by-Side Comparison

MetricJHMDVYMWinner
Expense Ratio0.39%0.04%
AUM$943M$79.0B
Dividend Yield3.07%2.86%
Holdings590568
YTD Return+12.28%+15.45%
1Y Return+25.13%+26.05%
3Y Return (annualized)+17.60%+17.96%
5Y Return (annualized)+9.48%+12.54%
Volatility (annualized)14.9%14.6%
Max Drawdown-38.9%-58.8%
Fund FamilyJohn Hancock Investment ManagementVanguard (US)
CategoryEquityEquity
InceptionDec 15, 2016Nov 10, 2006

JHMD vs VYM Performance

John Hancock MultiFactor Developed International ETF (JHMD) 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 JHMD returned +25.13% while VYM returned +26.05%. Year to date, JHMD is up 12.28% versus a gain of 15.45% for VYM.

Over three years, JHMD compounded at +17.60% per year against +17.96% for VYM; over five years the annualized figures are +9.48% and +12.54% respectively. Across the full 10-year window we track, JHMD has the edge at +8.67% annualized vs +7.06%. 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 14.6% for VYM. 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 -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 0.84. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JHMD charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, JHMD currently yields 3.07% against 2.86% for VYM.

Holdings Overlap

0.1%overlap

JHMD and VYM share 2 holdings out of 1131 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 VYMDifference
BG0.05%0.07%0.02%
SIG:LN0.03%0.02%0.01%

Frequently Asked Questions

Which is cheaper, JHMD or VYM?

JHMD has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $35 per year of difference.

Which performed better, JHMD or VYM?

Over the past year JHMD returned +25.13% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), JHMD annualized +8.67% vs +7.06% for VYM. Past performance does not guarantee future results.

Which is riskier, JHMD or VYM?

JHMD has been the more volatile fund at 14.9% annualized versus 14.6% for VYM. Worst drawdown: JHMD -38.9% vs VYM -58.8%.

Should I hold both JHMD and VYM?

JHMD and VYM have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between JHMD and VYM?

JHMD and VYM share 2 common holdings with a 0.1% weight overlap. Combined, they hold 1131 unique securities.

Which pays a higher dividend, JHMD or VYM?

JHMD yields 3.07% while VYM yields 2.86%, so JHMD currently pays the higher dividend yield.

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