Which returned more over the last year, JHMM or MLRG?

In the year to Nov 4, 2026, with distributions reinvested, JHMM returned +18.0% and MLRG +14.5%.

Which is cheaper, JHMM or MLRG?

MLRG is cheaper, by 0.38 percentage points a year. That is about $38 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do JHMM and MLRG overlap with the S&P 500?

By their latest filed holdings, 52% of JHMM and 96% of MLRG by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

JHMM vs MLRG: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Nov 4, 2026, JHMM returned +18.0% to MLRG's +14.5%; 8% of their weight is in the same names.

askIQ about this page

askIQ about JHMM and MLRG

Net assets: $5.8bn on Jun 30, 2026 for John Hancock Multifactor Mid Cap ETF, and $1.3bn on Nov 3, 2026 for iShares MSCI USA ETF.

JHMM on its own →MLRG on its own →

At a glance

+18.0%

JHMM total return, 1 year

+14.5%

MLRG total return, 1 year

0.41%

JHMM expense ratio

0.03%

MLRG expense ratio

Pair scorecard

MLRG costs 0.38 points a year less; their one-year returns differ by 3.5 points.

JHMM vs MLRG: Differences, Returns & Fees
Measure	JHMM	MLRG
Return
Measure	JHMM	MLRG
Total return, 1 year	+18.0%	+14.5%
Drawdown
Measure	JHMM	MLRG
Below its high	3.5%, high on Aug 14, 2026
Benchmark
Measure	JHMM	MLRG
What it tracks	John Hancock Dimensional Mid Cap Index	MSCI USA Index
Cost and size
Measure	JHMM	MLRG
Expense ratio	0.41%	0.03%
Net assets, JHMM as of Jun 30, 2026 and MLRG as of Nov 3, 2026	$5.8bn	$1.3bn
Holdings
Measure	JHMM	MLRG
Holdings in common	8%
Top ten holdings, share of the fund	6.1%	36.5%

Method

What they share

By the books each fund has filed, JHMM and MLRG hold 8% 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

8% in common

Positions both hold · largest shared weight first JHMM MLRG

Hewlett Packard Enterprise Company 0.60% 0.11%

Cheniere Energy Inc. 0.34% 0.10%

Monolithic Power Systems Inc. 0.52% 0.10%

Targa Resources Corp. 0.51% 0.10%

AMETEK Inc. 0.47% 0.09%

Bloom Energy Corporation 0.31% 0.09%

Cardinal Health Inc. 0.42% 0.09%

Agilent Technologies Inc. 0.24% 0.08%

Devon Energy Corporation 0.41% 0.08%

Entergy Corporation 0.45% 0.08%

Keysight Technologies Inc. 0.58% 0.08%

Lumentum Holdings Inc. 0.41% 0.08%

Only in one fund ↓

Only in JHMM

MKS Inc. 0.54%

Westinghouse Air Brake Technologies Corporation 0.40%

MandT Bank Corporation 0.35%

Viatris Inc. 0.32%

Interactive Brokers Group Inc. 0.31%

WESCO International Inc. 0.30%

Casey's General Stores Inc. 0.29%

Jones Lang LaSalle Incorporated 0.28%

Only in MLRG

APPLE 7.48%

NVIDIA 7.29%

MICROSOFT 5.64%

AMAZON.COM INC 3.72%

ALPHABET CLASS A 2.52%

BROADCOM INC 2.30%

META PLATFORMS CLASS A 2.09%

ALPHABET CLASS C 2.00%

Check overlap with more funds →

Side by side

JHMM John Hancock Multifactor Mid Cap ETF MLRG iShares MSCI USA ETF

Where it sits Stock ETF Stock ETF

Issuer John Hancock iShares

What it is Tracks an index Tracks an index

Total return, 1 year +18.0% +14.5%

Its benchmark over the same days +14.8% (IWV) +14.3% (PBUS)

Gap to its benchmark +3.2 pts vs IWV +0.2 pts vs PBUS

Expense ratio 0.41% 0.03%

Already in the S&P 500 52.5% 95.6%

Holdings 662 514

Net assets, JHMM as of Jun 30, 2026 and MLRG as of Nov 3, 2026 $5.8bn $1.3bn

Former ticker none ILCB

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

Alert

About each fund

JHMM

Over the year to Nov 4, 2026 it returned +18.0% with distributions reinvested, against +14.8% for its benchmark, the Russell 3000 Index.

JHMM tracks an index. The prospectus expense ratio is 0.41% a year. By its holdings filed for Jun 30, 2026, 52% of the fund by weight is stocks the S&P 500 also holds, across 662 positions, with the top ten at 6.1%. It sat 3.5% below its high of Aug 14, 2026 on Nov 4, 2026.

MLRG

MLRG tracks an index. Over the year to Nov 4, 2026 it returned +14.5% with distributions reinvested, against +14.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Nov 3, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 514 positions, with the top ten at 36.5%.

Questions people ask

Which returned more over the last year, JHMM or MLRG?: In the year to Nov 4, 2026, with distributions reinvested, JHMM returned +18.0% and MLRG +14.5%.
Which is cheaper, JHMM or MLRG?: MLRG is cheaper, by 0.38 percentage points a year. That is about $38 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do JHMM and MLRG overlap with the S&P 500?: By their latest filed holdings, 52% of JHMM and 96% of MLRG by weight is stocks the S&P 500 already holds.

Other comparisons

JHMM vs XMMO JHMM vs VFLO FTC vs JHMM FLQM vs JHMM MLRG vs XMHQ MLRG vs XMMO MLRG vs VFLO MLRG vs SMMD

Where to next

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

Sources and dates

JHMM filings on SEC EDGAR ↗

JHMM prospectus with the expense ratio (SEC) ↗

John Hancock website ↗

MLRG filings on SEC EDGAR ↗

MLRG prospectus with the expense ratio (SEC) ↗

iShares page for MLRG ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, JHMM against MLRG, data as of Nov 4, 2026. https://etfiq.com/compare/any/jhmm-vs-mlrg

Open data →

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