ADVE vs JHID

ADVEFMatthews Asia Dividend Active ETF ADVE

JHIDBJohn Hancock International High Dividend ETF

In short

ADVE A dividend fund that skips the global tour and stays in Asia: roughly 70 actively picked names run for total return with income emphasized. Launched in 2023, it's the regional specialist sitting in a cohort of go-anywhere international dividend funds.

JHID An active, stock-picked take on overseas dividend payers: roughly 100 large- and mid-cap names domiciled outside the US, measured against the MSCI World ex-USA High Dividend Yield Index, at 0.46% net of a waiver through July 31, 2027.

Stated mandate

ADVE The fund seeks total return while emphasizing current income.

JHID The fund seeks a high level of current income, with long-term growth of capital as a secondary objective.

Why people hold it

• ADVE Not an index sleeve. About 70 actively chosen Asian holdings, run to a stated mandate of total return with current income emphasized.
• The 0.79% fee lands right at the median for its peer group, and roughly a third of what active peer JHID charges at 2.17%.
• Straightforward plumbing: a 1940 Act fund holding stocks and paying quarterly. No leverage, no options overlay, no K-1.

• JHID 0.46% net of a waiver through July 31, 2027, below the category median fee and under active peers IDVO (0.65%) and IDVZ (0.75%).
• The objective is blunt: high current income first, long-term growth of capital second. Cash goes out quarterly.
• Aims at consistent, sustainable payers rather than simply the fattest yields, spread across roughly 100 developed-market holdings.jhinvestments.com
• Lands in the upper half of the small international dividend group we review, helped by a diversified book and a comparatively contained risk profile.

Worth knowing

• ADVE Small and thinly traded, which can mean wider spreads and more price impact on size than the bigger names in the category.
• Broader, cheaper routes to international dividends live in the same cohort: VDI at 0.39%, BIDD at 0.60%. Neither is Asia-dedicated.
• It opened in 2023, so the live record is short, and on our review it sits toward the back of its peer group.

• JHID That 0.46% is a waiver price. Gross expenses run 2.03%, and the waiver is contracted only through July 31, 2027, after which it has to be renewed to stay in place.
• One of the smaller, thinner-traded funds in its category, which can mean wider bid-ask spreads than the household-name alternatives.
• Launched in 2022, so the record is short, and the quarterly payout floats with whatever the underlying companies actually distribute.

Full ADVE profile⁠

Full JHID profile⁠