Data as of Nov 4, 2026.

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JHML vs SCHB: Differences, Returns & Fees

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Over the year to Nov 4, 2026, JHML returned +17.2% to SCHB's +14.8%; 67% of their weight is in the same names.

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Net assets: $1.2bn on Jun 30, 2026 for John Hancock Multifactor Large Cap ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

At a glance
+17.2%
JHML total return, 1 year
+14.8%
SCHB total return, 1 year
0.29%
JHML expense ratio
0.03%
SCHB expense ratio

Pair scorecard

SCHB costs 0.26 points a year less; their one-year returns differ by 2.4 points.

JHML vs SCHB: Differences, Returns & Fees
MeasureJHMLSCHB
Return
Total return, 1 year+17.2%+14.8%
Benchmark
What it tracksJohn Hancock Dimensional Large Cap IndexDow Jones U.S. Broad Stock Market Index
Cost and size
Expense ratio0.29%0.03%
Net assets, JHML as of Jun 30, 2026 and SCHB as of Aug 31, 2026$1.2bn$44.6bn
Holdings
Holdings in common67%
Top ten holdings, share of the fund23.0%33.7%

Method

What they share

67%

By the books each fund has filed, JHML and SCHB hold 67% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

67% in common

Positions both hold · largest shared weight first JHML SCHB
NVIDIA Corporation 4.02% 7.20%
Apple Inc. 3.99% 6.27%
Amazon.com Inc. 2.74% 3.42%
Alphabet Inc. 2.65% 2.68%
Microsoft Corporation 2.51% 5.08%
Broadcom Inc. 1.75% 2.36%
Meta Platforms Inc. 1.57% 1.69%
Micron Technology Inc. 1.62% 1.46%
Advanced Micro Devices Inc. 1.04% 1.03%
Berkshire Hathaway Inc. 0.89% 1.25%
Alphabet Inc. 0.84% 2.13%
Tesla Inc. 0.80% 1.40%
Only in one fund ↓
Only in JHML
JPMorgan Chase and Co. 1.13%
Eli Lilly and Company 1.08%
Johnson and Johnson 0.72%
Exxon Mobil Corporation 0.63%
Seagate Technology Holdings Public Limited Company 0.47%
The Procter and Gamble Company 0.44%
Wells Fargo and Company 0.43%
Merck and Co. Inc. 0.38%
Only in SCHB
JPMorgan Chase & Co 1.28%
Eli Lilly & Co 1.23%
ExxonMobil Holdings Corp 0.90%
Johnson & Johnson 0.86%
Merck & Co Inc 0.49%
Procter & Gamble Co 0.46%
Wells Fargo & Co 0.36%
Linde PLC 0.30%
Check overlap with more funds →

Side by side

JHML John Hancock Multifactor Large Cap ETF SCHB Schwab U.S. Broad Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of US broad market
Total return, 1 year +17.2% +14.8%
Its benchmark over the same days +14.5% (IWB) not measured
Gap to its benchmark +2.7 pts vs IWB not measured
Expense ratio 0.29% 0.03%
Already in the S&P 500 92.1% 88.0%
Holdings 780 2372
Net assets, JHML as of Jun 30, 2026 and SCHB as of Aug 31, 2026 $1.2bn $44.6bn

JHML and SCHB on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
JHML

Over the year to Nov 4, 2026 it returned +17.2% with distributions reinvested, against +14.5% for its benchmark, the Russell 1000 Index.

JHML tracks an index. The prospectus expense ratio is 0.29% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 780 positions, with the top ten at 23.0%.

SCHB

SCHB tracks an index of US broad market. Over the year to Nov 4, 2026 it returned +14.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

Questions people ask

Which returned more over the last year, JHML or SCHB?
In the year to Nov 4, 2026, with distributions reinvested, JHML returned +17.2% and SCHB +14.8%.
Which is cheaper, JHML or SCHB?
SCHB is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do JHML and SCHB overlap with the S&P 500?
By their latest filed holdings, 92% of JHML and 88% of SCHB by weight is stocks the S&P 500 already holds.
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ETFIQ, JHML against SCHB, data as of Nov 4, 2026. https://etfiq.com/compare/any/jhml-vs-schb

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