DHLX vs JHDG

Comparison between Diamond Hill Large Cap Concentrated ETF (DHLX, ETF) and JOHN HANCOCK HEDGED EQUITY ETF (JHDG, ETF).

DHLX vs JHDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DHLX(ETF)	JHDG(ETF)
Net Assets	$89M	$90M
Expense Ratio	0.55%	0.49%
Max Drawdown	8.41%	26.51%
Sharpe Ratio	-0.03	-0.30
5Y Beta	0.35	0.68
P/E Ratio	21.92	27.37
Forward P/E	17.28	20.13
PEG Ratio	0.74	0.41
5Y EPS CAGR	9.99%	27.79%
Debt to Equity	371.12%	15.35%
P/S Ratio	2.46	2.83
P/B Ratio	3.16	4.94

Net Assets

DHLX

$89M

Winner

JHDG

$90M

Expense Ratio

DHLX

0.55%

Winner

JHDG

0.49%

Max Drawdown

Winner

DHLX

8.41%

JHDG

26.51%

Sharpe Ratio

Winner

DHLX

-0.03

JHDG

-0.30

5Y Beta

Winner

DHLX

0.35

JHDG

0.68

P/E Ratio

Winner

DHLX

21.92

JHDG

27.37

Forward P/E

Winner

DHLX

17.28

JHDG

20.13

PEG Ratio

DHLX

0.74

Winner

JHDG

0.41

5Y EPS CAGR

DHLX

9.99%

Winner

JHDG

27.79%

Debt to Equity

DHLX

371.12%

Winner

JHDG

15.35%

P/S Ratio

Winner

DHLX

2.46

JHDG

2.83

P/B Ratio

Winner

DHLX

3.16

JHDG

4.94

DHLX vs JHDG - Holdings Comparison

DHLX and JHDG have 4 common holdings. Overlap is 12.80%

DHLX's top 25 holdings weight is 99.99%. JHDG's top 25 holdings weight is 73.30%.

Rank	DHLX	JHDG
#1	AMERICAN INTERNATIONAL GROUP INC (AIG) - 6.99%	ALPHABET INC CLASS A (GOOGL) - 7.47%
#2	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 6.72%	MICROSOFT CORP (MSFT) - 6.34%
#3	AON PLC CLASS A (AON) - 6.18%	AMAZON.COM INC (AMZN) - 6.14%
#4	COLGATE-PALMOLIVE CO (CL) - 6.12%	NVIDIA CORP (NVDA) - 4.73%
#5	WASTE MANAGEMENT INC (WM) - 6.08%	BROADCOM INC (AVGO) - 4.42%
#6	ABBOTT LABORATORIES (ABT) - 5.68%	JPMORGAN CHASE & CO (JPM) - 4.37%
#7	TEXAS INSTRUMENTS INC (TXN) - 5.52%	COSTCO WHOLESALE CORP (COST) - 3.60%
#8	CONOCOPHILLIPS (COP) - 5.43%	ELI LILLY AND CO (LLY) - 3.32%
#9	UNION PACIFIC CORP (UNP) - 4.89%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 2.80%
#10	LABCORP HOLDINGS INC (LH) - 4.62%	ADVANCED MICRO DEVICES INC (AMD) - 2.65%
#11	CAPITAL ONE FINANCIAL CORP (COF) - 4.59%	MICRON TECHNOLOGY INC (MU) - 2.62%
#12	MICROSOFT CORP (MSFT) - 4.48%	WALMART INC (WMT) - 2.50%
#13	SYSCO CORP (SYY) - 4.32%	VALERO ENERGY CORP (VLO) - 2.13%
#14	AMAZON.COM INC (AMZN) - 4.28%	PALO ALTO NETWORKS INC (PANW) - 2.12%
#15	SBA COMMUNICATIONS CORP CLASS A (SBAC) - 4.23%	ARISTA NETWORKS INC (ANET) - 2.11%
#16	THE WALT DISNEY CO (DIS) - 4.20%	APPLIED MATERIALS INC (AMAT) - 1.87%
#17	SALESFORCE INC (CRM) - 3.85%	BURLINGTON STORES INC (BURL) - 1.85%
#18	MARTIN MARIETTA MATERIALS INC (MLM) - 3.84%	EQT CORP (EQT) - 1.74%
#19	FERGUSON ENTERPRISES INC (FERG) - 3.84%	FREEPORT-MCMORAN INC (FCX) - 1.71%
#20	ZOETIS INC CLASS A (ZTS) - 3.14%	LINDE PLC (LIN) - 1.58%
#21	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 0.99%	AMETEK INC (AME) - 1.50%
#22	N/A	GUARDANT HEALTH INC (GH) - 1.47%
#23	N/A	MEDTRONIC PLC (MDT) - 1.46%
#24	N/A	QNITY ELECTRONICS INC (Q) - 1.41%
#25	N/A	SCHNEIDER ELECTRIC SE ADR (SBGSY) - 1.39%
Total Holdings	21	116

DHLX vs JHDG - Historical Returns

Returns include dividend reinvestment.

Period	DHLX	JHDG
1 month	+3.05%	-0.49%
3 months	-0.05%	+4.03%
6 months	+1.75%	N/A
1 year	+2.23%	N/A
5 years(CAGR)	N/A	+0.97%
10 years(CAGR)	N/A	+2.85%
Max(CAGR)	+2.77%	+1.15%

Winner

DHLX

+3.05%

JHDG

-0.49%

DHLX

-0.05%

Winner

JHDG

+4.03%

DHLX

+1.75%

JHDG

N/A

DHLX

+2.23%

JHDG

N/A

5Y(CAGR)

DHLX

N/A

JHDG

+0.97%

10Y(CAGR)

DHLX

N/A

JHDG

+2.85%

Max(CAGR)

Winner

DHLX

+2.77%

JHDG

+1.15%

DHLX vs JHDG - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	DHLX	JHDG
2026	+1.29%	+6.84%
2025	+1.24%	N/A
2019	N/A	+7.48%
2018	N/A	-16.99%
2017	N/A	+20.12%
2016	N/A	+3.60%
2015	N/A	-3.73%

DHLX vs JHDG Drawdown Comparison

The maximum drawdown for DHLX was -8.40%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for JHDG was -25.13%, occurring on Jun 27, 2016. Recovery took 457 trading sessions.

The current DHLX drawdown is -2.97%. The current JHDG drawdown is -8.59%.

Rank	DHLX	JHDG
#1	-8.40% Feb 27, 2026 - Mar 27, 2026	-25.13% Aug 10, 2015 - Jun 2, 2017
#2	-4.48% Oct 3, 2025 - Dec 11, 2025	-23.51% Jan 17, 2018 - Dec 24, 2018
#3	-2.50% Dec 24, 2025 - Jan 30, 2026	-8.30% Jun 23, 2015 - Aug 10, 2015
#4	-1.02% Feb 18, 2026 - Feb 26, 2026	-3.72% Nov 8, 2017 - Jan 4, 2018
#5	-0.99% Feb 6, 2026 - Feb 11, 2026	-3.36% Apr 22, 2015 - May 18, 2015
#6	-0.92% Feb 4, 2026 - Feb 6, 2026	-3.19% Aug 8, 2017 - Sep 12, 2017
#7	-0.70% Feb 11, 2026 - Feb 13, 2026	-2.68% May 27, 2015 - Jun 23, 2015
#8	-0.64% Dec 15, 2025 - Dec 22, 2025	-2.02% Jun 2, 2017 - Jun 27, 2017
#9	-0.48% Sep 29, 2025 - Oct 3, 2025	-1.40% Apr 9, 2015 - Apr 21, 2015
#10	-0.14% Feb 13, 2026 - Feb 18, 2026	-1.01% Oct 24, 2017 - Oct 31, 2017
#11	N/A	-0.97% Jun 27, 2017 - Jul 3, 2017
#12	N/A	-0.90% Jan 8, 2018 - Jan 17, 2018
#13	N/A	-0.83% Jul 20, 2017 - Aug 1, 2017
#14	N/A	-0.81% Jul 3, 2017 - Jul 12, 2017
#15	N/A	-0.76% Jul 13, 2017 - Jul 20, 2017

Correlation

Correlation between DHLX and JHDG is -0.91 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.91

-101