John Hancock Multifactor Mid Cap ETF (JHMM) 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 JHMM returned +23.58% while VOO returned +23.65%. Year to date, JHMM is up 15.36% versus a gain of 13.53% for VOO.

Over three years, JHMM compounded at +15.78% per year against +21.27% for VOO; over five years the annualized figures are +8.94% and +13.52% respectively. Across the full 11-year window we track, VOO has the edge at +13.57% annualized vs +11.72%. Past performance does not guarantee future results.

JHMM has been the more volatile fund, with annualized monthly volatility of 17.3% 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 -40.7% for JHMM 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

JHMM charges 0.41% per year while VOO charges 0.03%. On a $10,000 position that is $41 vs $3 annually, a gap of $38 per year that compounds over a long holding period. On income, JHMM currently yields 0.88% against 1.09% for VOO.