JHDG vs DHLX

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

JHDG vs DHLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

JHDG

$90M

DHLX

$89M

Expense Ratio

Winner

JHDG

0.49%

DHLX

0.55%

Max Drawdown

JHDG

26.51%

Winner

DHLX

8.41%

Sharpe Ratio

JHDG

-0.30

Winner

DHLX

-0.03

5Y Beta

JHDG

0.68

Winner

DHLX

0.35

P/E Ratio

JHDG

27.37

Winner

DHLX

21.92

Forward P/E

JHDG

20.13

Winner

DHLX

17.28

PEG Ratio

Winner

JHDG

0.41

DHLX

0.74

5Y EPS CAGR

Winner

JHDG

27.79%

DHLX

9.99%

Debt to Equity

Winner

JHDG

15.35%

DHLX

371.12%

P/S Ratio

JHDG

2.83

Winner

DHLX

2.46

P/B Ratio

JHDG

4.94

Winner

DHLX

3.16

JHDG vs DHLX - Holdings Comparison

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

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

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

JHDG vs DHLX - Historical Returns

Returns include dividend reinvestment.

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

JHDG

-0.49%

Winner

DHLX

+3.05%

Winner

JHDG

+4.03%

DHLX

-0.05%

JHDG

N/A

DHLX

+1.75%

JHDG

N/A

DHLX

+2.23%

5Y(CAGR)

JHDG

+0.97%

DHLX

N/A

10Y(CAGR)

JHDG

+2.85%

DHLX

N/A

Max(CAGR)

JHDG

+1.15%

Winner

DHLX

+2.77%

JHDG vs DHLX - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

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

JHDG vs DHLX Drawdown Comparison

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

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

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

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

Correlation

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

-0.91

-101