JHDV: JOHN HANCOCK U.S. HIGH DIVIDEND ETF
What this ETF is trying to do
The John Hancock U.S. High Dividend ETF (JHDV) is an exchange-traded fund designed to provide exposure to high-dividend stocks. This means the fund focuses on companies that pay out a portion of their earnings to shareholders. As of October 2026, the fund holds 78 different companies.
What the numbers show
The data shows that JHDV has experienced growth in both its share price and its total return. It is important to understand the difference between these two: price return only tracks how much the share price moves, while total return includes both the price movement and the cash distributions paid out to investors.
Here is a breakdown of the performance:
• Year-to-Date (YTD): The price return is approximately 16.96%, while the total return is approximately 18.87%.
• One-Year: The price return is approximately 16.17%, while the total return is approximately 19.00%.
• Three-Year: The price return is approximately 68.50%, while the total return is approximately 81.63%.
To visualize this, an investor's share price was estimated to be roughly $40.07 one year ago, compared to the current price of $46.55.
Top Holdings
The fund's portfolio includes several well-known companies. Because the list provided is partial, these are only the largest holdings:
• NVIDIA CORP (8.06%)
• MICROSOFT CORP (5.63%)
• APPLE INC (5.17%)
• BROADCOM INC (2.51%)
• PAYCHEX INC (2.32%)
• VERIZON COMMUNICATIONS INC (2.25%)
• COMCAST CORP CLASS A (2.18%)
• MICRON TECHNOLOGY INC (1.98%)
• THE KRAFT HEINZ CO (1.97%)
• ORACLE CORP (1.92%)
Please note that holdings can change over time.
Income and distribution explanation
JHDV provides cash distributions to its investors. The distribution yield is currently approximately 2.22%. This number represents the cash distributions relative to the current ETF price.
The fund usually pays out on a quarterly basis, with 4 payments recorded over the last 12 months. The trailing distributions (the cash paid out over the last year) totaled approximately $1.04 per share.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Pros
• The fund has shown positive price returns and total returns over the one-year and three-year periods.
• The erosion-risk measurement is rated as "good."
Cons
• The distribution yield (2.22%) is a measure of cash income and is not the same as the total return.
Beginner takeaway
JHDV focuses on high-dividend companies and has shown both share-price growth and total return growth over the last three years. While it provides regular quarterly income, investors should remember that a distribution yield is just one part of an investment's overall performance.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 8.06% |
| 2 | MICROSOFT CORP | MSFT | 5.63% |
| 3 | APPLE INC | AAPL | 5.17% |
| 4 | BROADCOM INC | AVGO | 2.51% |
| 5 | PAYCHEX INC | PAYX | 2.32% |
| 6 | VERIZON COMMUNICATIONS INC | VZ | 2.25% |
| 7 | COMCAST CORP CLASS A | CMCSA | 2.18% |
| 8 | MICRON TECHNOLOGY INC | MU | 1.98% |
| 9 | THE KRAFT HEINZ CO | KHC | 1.97% |
| 10 | ORACLE CORP | ORCL | 1.92% |