Which returned more over the last year, JHML or SPY?

In the year to Nov 4, 2026, with distributions reinvested, JHML returned +17.2% and SPY +14.8%.

Which is cheaper, JHML or SPY?

SPY is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do JHML and SPY overlap with the S&P 500?

By their latest filed holdings, 92% of JHML and 100% of SPY by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

JHML vs SPY: Differences, Returns & Fees

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Over the year to Nov 4, 2026, JHML returned +17.2% to SPY's +14.8%; 64% 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 $804.8bn on Nov 3, 2026 for SPDR S&P 500 ETF Trust.

JHML on its own →SPY on its own →

At a glance

+17.2%

JHML total return, 1 year

+14.8%

SPY total return, 1 year

0.29%

JHML expense ratio

0.09%

SPY expense ratio

Pair scorecard

SPY costs 0.20 points a year less; their one-year returns differ by 2.4 points.

JHML vs SPY: Differences, Returns & Fees
Measure	JHML	SPY
Return
Measure	JHML	SPY
Total return, 1 year	+17.2%	+14.8%
Benchmark
Measure	JHML	SPY
What it tracks	John Hancock Dimensional Large Cap Index	S&P 500 Index
Cost and size
Measure	JHML	SPY
Expense ratio	0.29%	0.09%
Net assets, JHML as of Jun 30, 2026 and SPY as of Nov 3, 2026	$1.2bn	$804.8bn
Holdings
Measure	JHML	SPY
Holdings in common	64%
Top ten holdings, share of the fund	23.0%	37.3%

Method

What they share

64%

By the books each fund has filed, JHML and SPY hold 64% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

64% in common

Positions both hold · largest shared weight first JHML SPY

NVIDIA Corporation 4.02% 7.66%

Apple Inc. 3.99% 7.42%

Amazon.com Inc. 2.74% 3.77%

Alphabet Inc. 2.65% 2.52%

Microsoft Corporation 2.51% 5.93%

Broadcom Inc. 1.75% 2.42%

Meta Platforms Inc. 1.57% 2.10%

Micron Technology Inc. 1.62% 1.48%

Advanced Micro Devices Inc. 1.04% 1.21%

Berkshire Hathaway Inc. 0.89% 1.59%

Alphabet Inc. 0.84% 2.03%

Tesla Inc. 0.80% 1.72%

Only in one fund ↓

Only in JHML

JPMorgan Chase and Co. 1.13%

Eli Lilly and Company 1.08%

Johnson and Johnson 0.72%

Seagate Technology Holdings Public Limited Company 0.47%

The Procter and Gamble Company 0.44%

Wells Fargo and Company 0.43%

International Business Machines Corporation 0.39%

Merck and Co. Inc. 0.38%

Only in SPY

ELI LILLY + CO 1.73%

JPMORGAN CHASE + CO 1.38%

JOHNSON + JOHNSON 0.98%

PROCTER + GAMBLE CO 0.58%

MERCK + CO. INC. 0.55%

WELLS FARGO + CO 0.40%

INTL BUSINESS MACHINES CORP 0.36%

LINDE PLC 0.36%

Check overlap with more funds →

Side by side

JHML John Hancock Multifactor Large Cap ETF SPY SPDR S&P 500 ETF Trust

Where it sits Stock ETF Stock ETF

Issuer John Hancock State Street

What it is Tracks an index Tracks the S&P 500

Total return, 1 year +17.2% +14.8%

Its benchmark over the same days +14.5% (IWB) +14.8% (VOO)

Gap to its benchmark +2.7 pts vs IWB 0.0 pts vs VOO

Expense ratio 0.29% 0.09%

Already in the S&P 500 92.1% 99.8%

Holdings 780 504

Net assets, JHML as of Jun 30, 2026 and SPY as of Nov 3, 2026 $1.2bn $804.8bn

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

Alert

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%.

SPY

SPY tracks the S&P 500. Over the year to Nov 4, 2026 it returned +14.8% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Nov 3, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 37.3%.

Questions people ask

Which returned more over the last year, JHML or SPY?: In the year to Nov 4, 2026, with distributions reinvested, JHML returned +17.2% and SPY +14.8%.
Which is cheaper, JHML or SPY?: SPY is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do JHML and SPY overlap with the S&P 500?: By their latest filed holdings, 92% of JHML and 100% of SPY by weight is stocks the S&P 500 already holds.

Other comparisons

JHML vs VTI JHML vs VOO JHML vs SPMO IVV vs JHML SPY vs VOO LCTU vs SPY SPY vs SUSL SPY vs STXF

Where to next

JHML on its own →SPY on its own →Hold both: look the portfolio through →Rankings →JHML dividend history →JHML holdings →SPY dividend history →SPY holdings →Standards and sources →

Sources and dates

JHML filings on SEC EDGAR ↗

JHML prospectus with the expense ratio (SEC) ↗

John Hancock website ↗

SPY filings on SEC EDGAR ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

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ETFIQ, JHML against SPY, data as of Nov 4, 2026. https://etfiq.com/compare/any/jhml-vs-spy

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.