What is the JDVL ETF? A Comprehensive Guide — Returns, Expense Ratio, Holdings, and Alternative ETFs
An active value investing strategy built on three core metrics. It pursues both downside protection and growth by concentrating on high-quality value stocks.
Subscribe�️ What is this ETF?
It primarily targets companies within the Russell 1000 Value Index and is an actively managed fund that constructs its portfolio at the manager's discretion. It goes beyond simple undervaluation by simultaneously considering business momentum and financial soundness.
It is well suited for investors who seek excess returns through sophisticated stock selection rather than plain index tracking, and who expect value stocks to provide defensive characteristics during market volatility.
This actively managed ETF was launched by John Hancock in 2025.
How does it invest?
| Item | Details |
|---|---|
| Tracking Index | Russell 1000 Value Index (for reference) |
| Management Style | Active (Bottom-up value strategy) |
| Rebalancing Cycle | As needed (active adjustments) |
| Dividend Cycle | Annual dividends |
| Total Expense Ratio | 0.56% |
It selects stocks that meet all three criteria: attractive valuation, solid fundamentals, and improving corporate earnings momentum. By concentrating investments in approximately 40 to 50 carefully selected names, it aims to deliver differentiated performance relative to the index.
- Boston Partners' professional expertise in active value-stock analysis
- A distinctive stock selection process that combines value and momentum
Size and Costs
Assets under management (AUM) stand at $1.0B, with a total expense ratio of 0.56% annually.
Given its nature as a professionally managed active fund, the expense ratio is somewhat higher than those of passive value ETFs, but the strategy seeks to offset this through downside protection and stock selection alpha.
Performance and Flows
1-Year Price Performance
Dividend & Yield
52-Week Price RangeSince launch, the fund has shown a steady flow anchored in high-quality value stocks, and has recorded positive results during periods of valuation recovery in specific sectors.
In an environment of persistent interest-rate volatility, capital has flowed into value stocks with proven earnings resilience, and the fund continues to attract investors who prefer active risk management.
Strengths and Weaknesses
Strengthening value investing through professional stock selection is a key advantage, but the higher expense ratio tied to active management and the risk of manager judgment should also be considered.
💪 Key Strengths
⚠️ Points to Watch
Alternative ETFs and Related Products
VTV, IWD, and IVE shown in the table are low-cost passive ETFs that represent the large-cap value segment and serve as standard choices for tracking the broader market. As actively managed alternatives to JDVL, AVLV and JVAL are available, while SCHD, with its strong dividend-growth orientation, and IWS, which also includes somewhat smaller companies, are worth considering as well.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 VTV | Vanguard Morningstar Value ETF | $228.57 | +0.2% | $196.0B | 0.03% | 1.82% | +23.1% |
 IWD | iShares Russell 1000 Value ETF | $259.36 | +0.3% | $83.2B | 0.18% | 1.36% | +26.8% |
 IVE | iShares S&P 500 Value ETF | $239.80 | +0.1% | $50.8B | 0.18% | 1.51% | +14.8% |
 SPYV | State Street SPDR Portfolio S&P 500 Value ETF | $64.22 | +0.1% | $38.9B | 0.04% | 1.65% | +14.7% |
 VBR | Vanguard Morningstar Small-Cap Value ETF | $246.05 | +1.1% | $37.0B | 0.05% | 1.8% | +19.1% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com Inc | 0.11% | $245.63 | +2.2% | $2.65T | 19.9 | - |
| JPM | JPMorgan Chase & Co | 0.08% | $340.58 | +1.1% | $905.3B | 14.3 | 1.88% |
 USFD | US Foods Holding Corp | 0.08% | $105.80 | +2.1% | $22.9B | 32.5 | - |
| AMAT | Applied Materials Inc | 0.04% | $374.53 | -4.0% | $297.2B | 32.3 | 0.52% |
| NXPI | NXP Semiconductors NV | 0.04% | $257.24 | -0.9% | $64.8B | 21.9 | 1.65% |
| MS | Morgan Stanley | 0.04% | $185.73 | +0.8% | $291.7B | 14.7 | 2.32% |
| PM | Philip Morris International Inc | 0.03% | $208.29 | -0.2% | $324.7B | 30.4 | 2.92% |
Investor Checklist
The JDVL ETF is an investment vehicle that goes beyond simply buying undervalued stocks by incorporating qualitative analysis. Before committing capital, please review the following key factors.
| Checklist Item | What to Verify | Current Status |
|---|---|---|
| 📊 Active Management Fees | Assessment of whether the higher cost versus passive value ETFs is justified | Somewhat high |
| 💵 Dividend Yield | Whether the fund maintains the stable dividend payments characteristic of value stocks | Maintained |
| 📉 Downside Defense | Ability to suppress volatility relative to the index during sharp market declines | To be verified |
| 💼 Top Holdings Weight | Review of single-stock risk given portfolio concentration | Relatively concentrated |
Returns can deviate meaningfully from the index based on the active manager's judgment, and performance may lag during periods when value stocks fall out of favor with the market.
It is an ETF well suited to those who want systematic value investing through a proven professional manager. It can serve as an alternative for investors who prioritize stock-selection expertise and downside protection over low fees.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
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