IMCV vs JHML: Grades, Fees and Holdings Compared

iShares Morningstar Mid-Cap Value ETF

IMCVANasdaq

John Hancock Multifactor Large Cap ETF

JHMLANYSE Arca

Overlap

26.7%by weight

Expense ratio

IMCV −0.23pt a year

IMCV0.06%JHML0.29%

Avg volume · 30D

IMCV 1.4×the volume

IMCV38.9KJHML27.7K

10Y return · a year

JHML +3.0pt

IMCV+11.1%JHML+14.1%

IMCV vs JHML Performance

Oct 29, 2021 – Oct 30, 2026

+68.3%IMCV+65.2%JHML

Expense ratio: IMCV 0.06%, better; JHML 0.29%
Fund size: IMCV $1.27B; JHML $1.17B
1Y total return: IMCV +27.0%, better; JHML +14.4%
Yield (12M): IMCV 1.84%, better; JHML 0.95%
Holdings: IMCV 271; JHML 776
Avg volume (30D): IMCV 38.9K sh, better; JHML 27.7K sh
NAV per share: IMCV $99.16; JHML $89.93
52W range

ETF.net Grade

Pillar letters and Scores for IMCV, JHML, with each pillar’s weight
Pillar	IMCV	JHML
Cost30% weight	A96Higher	B55
Mission25% weight	A76	A100Higher
Risk15% weight	A77Higher	B60
Tradability15% weight	B69	A74Higher
Holdings10% weight	B69Higher	B61
Durability5% weight	A77Higher	B69

Rank among US Multifactor funds

How we build Categories ›

Same Category. IMCV and JHML are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

IMCV ranks 4th and JHML 18th of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 2AVYMVanguard High Dividend Yield ETFScore 81
Rank 4AIMCViShares Morningstar Mid-Cap Value ETFScore 80
Rank 5ADCORU.S. Core Equity 1 Portfolio ETF Class SharesScore 79
Rank 18AFLQLFranklin U.S. Large Cap Multifactor Index ETFScore 71
Rank 18AJHMLJohn Hancock Multifactor Large Cap ETFScore 71
Rank 18AONEOState Street SPDR Russell 1000 Momentum Focus ETFScore 71

Our read on each fund

ETF.net Research

IMCVAiShares Morningstar Mid-Cap Value ETF

JHMLAJohn Hancock Multifactor Large Cap ETF

In short

IMCV No data

JHML Dimensional builds the index, John Hancock runs the fund. JHML holds roughly 800 of the largest US companies, then leans the weights toward smaller, cheaper, more profitable names and caps any single stock at 4%.

Stated mandate

IMCV No data

JHML The fund seeks to track, before fees and expenses, the performance of the John Hancock Dimensional Large Cap Index.

Why people hold it

IMCV No data

JHML The index is developed and maintained by Dimensional Fund Advisors: weights tilt toward smaller market caps, lower relative price and higher profitability, reconstituted twice a year.sec.gov jhinvestments.com
A 4% cap on any one company at reconstitution, spread across about 800 names, keeps the portfolio far less top-heavy than a straight cap-weighted large cap fund.sec.gov
It has tracked its Dimensional index very closely, and stands among the stronger implementations in a crowded multifactor large cap field.
Running since 2015, it has a decade of live history under the same rules-based index, not a backtest.

Worth knowing

IMCV No data

JHML Fee is 0.29% net of a waiver through July 31, 2027 (0.32% gross), near the category median. Simpler factor peers like LRGF (0.08%) and VYM (0.04%) charge much less.
Trading is thin for a multi-billion-dollar fund, so spreads can run wider than the household-name large cap ETFs. Limit orders are the usual tool here.
Those size, value and profitability tilts mean the return path can diverge from a cap-weighted large cap index, in either direction, for long stretches.sec.gov

Full IMCV profile⁠

Full JHML profile⁠

IMCV vs JHML Holdings

How IMCV and JHML differ

Overlap by weight

26.7%

Shared holdings make up 97.8% of IMCV and 26.8% of JHML.

Level by level

Holdings260 in both26.7%
Sector11 Sectors66.5%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in IMCV and JHML, widest gap first
Sector	More in IMCVMore in JHML	IMCV	JHML
Technology	JHML +24.5 points	6.5%	31.0%
Energy	IMCV +9.1 points	13.4%	4.3%
Communication	JHML +6.4 points	1.1%	7.5%
Utilities	IMCV +5.7 points	9.0%	3.3%
Financials	IMCV +4.9 points	18.5%	13.6%
Consumer Staples	IMCV +4.1 points	8.7%	4.6%
Industrials	IMCV +3.0 points	14.2%	11.2%
Consumer Discretionary	JHML +2.5 points	6.9%	9.4%
Materials	IMCV +2.4 points	5.0%	2.6%
Real Estate	IMCV +2.4 points	4.6%	2.2%
Health Care	IMCV +1.8 points	12.2%	10.4%

Country, concentration and asset class

Country by domicile

Country weights in IMCV and JHML, widest gap first
Country	More in IMCVMore in JHML	IMCV	JHML
United States	JHML +0.4 points	98.7%	99.1%
United Kingdom	IMCV +0.3 points	0.5%	0.2%
Switzerland	JHML +0.1 points	0.2%	0.3%
China	IMCV +0.1 points	0.3%	0.2%
Ireland	IMCV +0.2 points	0.3%	0.1%
Mexico	JHML +0.2 points	0.0%	0.1%
Sweden	Same weight	0.0%	0.0%
Finland	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

IMCV13.2%
JHML23.9%

Securities held

IMCV268
JHML776

Asset class

IMCV: Equity
JHML: Equity

Holdings

Only in IMCV8
In both260
Only in JHML516

Only in IMCV

8 securities, 2.0% of IMCV by weight

Strategy Inc Class A0.65%
Kenvue0.46%
Royalty Pharma PLC Class A0.34%
Sunbelt Rentals Holdings Inc0.27%
Annaly Capital Management Reit0.18%
Liberty Media Series C0.10%
Liberty Media Series A<0.01%
Hologic Inc0.00%

Only in JHML

516 securities, 73.2% of JHML by weight

Apple Inc4.38%
NVIDIA Corp3.85%
Microsoft Corp3.71%
Amazon.com Inc2.85%
Alphabet Inc Class A2.07%
Meta Platforms Inc Class A1.71%
Broadcom Inc1.63%
Micron Technology Inc1.29%
Eli Lilly & Co1.22%
JPMorgan Chase & Co1.16%
Berkshire Hathaway Inc Class B0.96%
Advanced Micro Devices0.94%
Exxonmobil Holdings Corp0.83%
Johnson & Johnson0.78%
Tesla Inc0.75%
Visa Inc Class A Shares0.74%
Walmart Inc0.70%
Alphabet Inc Class C0.66%
Mastercard Inc A0.59%
AbbVie Inc0.51%
Cisco Systems Inc0.51%
Intel Corp0.50%
Procter & Gamble Co/ The0.48%
Chevron Corp0.45%
Merck & Co. Inc.0.43%
Caterpillar Inc0.42%
Costco Wholesale Corp0.42%
UnitedHealth Group Inc0.41%
Bank of America Corp0.41%
Applied Materials Inc0.40%
Coca Cola Co/ The0.40%
Wells Fargo & Co0.39%
Texas Instruments Inc0.39%
Goldman Sachs Group Inc0.38%
Lam Research Corp0.38%
Rtx Corp0.36%
Intl Business Machines Corp0.35%
Amgen Inc0.35%
Palantir Technologies Inc A0.34%
Home Depot Inc0.33%
Kla Corp0.33%
Morgan Stanley0.33%
Thermo Fisher Scientific Inc0.33%
General Electric0.33%
Conocophillips0.32%
Gilead Sciences Inc0.32%
Analog Devices Inc0.31%
Citigroup Inc0.31%
Qualcomm Inc0.30%
Philip Morris International0.28%

Weight gaps

The 100 widest of 260 Holdings in both funds.

Holding weights in IMCV and JHML, widest gap first
Holding	More in IMCVMore in JHML	IMCV	JHML
Automatic Data Processing IncADP	IMCV +1.43 points	1.60%	0.17%
Valero Energy CorpVLO	IMCV +1.37 points	1.57%	0.20%
Phillips 66PSX	IMCV +1.33 points	1.54%	0.21%
Regeneron PharmaceuticalsREGN	IMCV +1.13 points	1.25%	0.12%
Us BancorpUSB	IMCV +1.11 points	1.27%	0.16%
3MMMM	IMCV +1.09 points	1.23%	0.14%
Pnc Financial Services GroupPNC	IMCV +1.08 points	1.24%	0.16%
Elevance Health IncELV	IMCV +1.05 points	1.20%	0.15%
Mondelez International Class AMDLZ	IMCV +1.02 points	1.14%	0.12%
SlbSLB	IMCV +1.00 points	1.09%	0.09%
Eog ResourcesEOG	IMCV +0.99 points	1.19%	0.20%
United Parcel Service Inc Class BUPS	IMCV +0.97 points	1.11%	0.14%
ModernaMRNA	IMCV +0.93 points	1.08%	0.15%
CignaCI	IMCV +0.89 points	1.04%	0.15%
Travelers CompaniesTRV	IMCV +0.88 points	1.13%	0.25%
Hewlett Packard EnterpriseHPE	IMCV +0.82 points	1.00%	0.18%
General MotorsGM	IMCV +0.82 points	1.05%	0.23%
Kinder MorganKMI	IMCV +0.81 points	0.91%	0.10%
Target CorpTGT	IMCV +0.74 points	0.96%	0.22%
Cheniere EnergyLNG	IMCV +0.74 points	0.93%	0.19%
OneokOKE	IMCV +0.69 points	0.83%	0.14%
MarshMRSH	IMCV +0.67 points	0.82%	0.15%
Truist FinancialTFC	IMCV +0.67 points	0.82%	0.15%
Delta Air LinesDAL	IMCV +0.66 points	0.72%	0.06%
SempraSRE	IMCV +0.64 points	0.77%	0.13%
Dominion EnergyD	IMCV +0.64 points	0.77%	0.13%
Marathon PetroleumMPC	IMCV +0.61 points	0.88%	0.27%
PayPal HoldingsPYPL	IMCV +0.59 points	0.67%	0.08%
AflacAFL	IMCV +0.59 points	0.76%	0.17%
Keurig Dr Pepper IncKDP	IMCV +0.58 points	0.66%	0.08%
Colgate-PalmoliveCL	IMCV +0.58 points	0.69%	0.11%
Becton DickinsonBDX	IMCV +0.58 points	0.74%	0.16%
Paccar IncPCAR	IMCV +0.57 points	0.69%	0.12%
Nike Class BNKE	IMCV +0.56 points	0.62%	0.06%
WilliamsWMB	IMCV +0.56 points	0.72%	0.16%
Devon EnergyDVN	IMCV +0.56 points	0.78%	0.22%
MetlifeMET	IMCV +0.56 points	0.73%	0.17%
Xcel Energy IncXEL	IMCV +0.53 points	0.68%	0.15%
Northrop Grumman CorpNOC	IMCV +0.52 points	0.64%	0.12%
Ford Motor CoF	IMCV +0.52 points	0.66%	0.14%
Workday Class AWDAY	IMCV +0.47 points	0.53%	0.06%
Crh Public Limited PLCCRH	IMCV +0.47 points	0.53%	0.06%
Crown Castle IncCCI	IMCV +0.46 points	0.52%	0.06%
Exelon CorpEXC	IMCV +0.46 points	0.65%	0.19%
Occidental Petroleum CorpOXY	IMCV +0.45 points	0.64%	0.19%
Consolidated EdisonED	IMCV +0.44 points	0.59%	0.15%
Iqvia Holdings IncIQV	IMCV +0.44 points	0.60%	0.16%
SyscoSYY	IMCV +0.42 points	0.54%	0.12%
United Airlines HoldingsUAL	IMCV +0.42 points	0.46%	0.04%
Air Products and ChemicalsAPD	IMCV +0.41 points	0.52%	0.11%
Norfolk Southern CorpNSC	IMCV +0.41 points	0.59%	0.18%
BiogenBIIB	IMCV +0.40 points	0.51%	0.11%
Kimberly ClarkKMB	IMCV +0.40 points	0.49%	0.09%
American Electric Power IncAEP	IMCV +0.40 points	0.56%	0.16%
PaychexPAYX	IMCV +0.39 points	0.49%	0.10%
Prudential Financial IncPRU	IMCV +0.39 points	0.55%	0.16%
Public Storage ReitPSA	IMCV +0.38 points	0.47%	0.09%
Realty Income ReitO	IMCV +0.38 points	0.48%	0.10%
American International GroupAIG	IMCV +0.39 points	0.56%	0.17%
Diamondback EnergyFANG	IMCV +0.39 points	0.53%	0.14%
D R HortonDHI	IMCV +0.38 points	0.50%	0.12%
Archer Daniels MidlandADM	IMCV +0.38 points	0.48%	0.10%
Ge Healthcare TechnologiesGEHC	IMCV +0.37 points	0.48%	0.11%
Illinois Tool IncITW	IMCV +0.36 points	0.52%	0.16%
Simon Property Group Reit IncSPG	IMCV +0.36 points	0.47%	0.11%
Arch Capital GroupACGL	IMCV +0.35 points	0.48%	0.13%
Huntington Bancshares IncHBAN	IMCV +0.33 points	0.42%	0.09%
HalliburtonHAL	IMCV +0.34 points	0.42%	0.08%
Roper TechnologiesROP	IMCV +0.33 points	0.41%	0.08%
Targa ResourcesTRGP	IMCV +0.33 points	0.48%	0.15%
Fiserv IncFISV	IMCV +0.32 points	0.36%	0.04%
M&T BankMTB	IMCV +0.32 points	0.44%	0.12%
Dell Technologies Inc Class CDELL	IMCV +0.31 points	0.48%	0.17%
Vici Pptys IncVICI	IMCV +0.31 points	0.37%	0.06%
Emerson ElectricEMR	IMCV +0.30 points	0.49%	0.19%
PG&E CorpPCG	IMCV +0.31 points	0.40%	0.09%
Cognizant Technology Solutions ClaCTSH	IMCV +0.30 points	0.40%	0.10%
Dollar General CorpDG	IMCV +0.30 points	0.40%	0.10%
KrogerKR	IMCV +0.29 points	0.52%	0.23%
Hartford Insurance GroupHIG	IMCV +0.29 points	0.50%	0.21%
Dte EnergyDTE	IMCV +0.28 points	0.38%	0.10%
Bank of New York Mellon CorpBNY	IMCV +0.27 points	0.52%	0.24%
Labcorp HoldingsLH	IMCV +0.27 points	0.41%	0.14%
Hp IncHPQ	IMCV +0.27 points	0.36%	0.09%
Ppg IndustriesPPG	IMCV +0.26 points	0.36%	0.10%
DowDOW	IMCV +0.26 points	0.34%	0.08%
HumanaHUM	IMCV +0.27 points	0.41%	0.14%
International Flavors & FragrancesIFF	IMCV +0.27 points	0.33%	0.06%
Revolution MedicinesRVMD	IMCV +0.26 points	0.30%	0.04%
Arthur J GallagherAJG	IMCV +0.26 points	0.38%	0.12%
Firstenergy CorpFE	IMCV +0.25 points	0.35%	0.10%
Smurfit Westrock PLCSW	IMCV +0.25 points	0.31%	0.06%
Zoom Communications Class AZM	IMCV +0.24 points	0.31%	0.07%
Kraft HeinzKHC	IMCV +0.24 points	0.29%	0.05%
Eversource EnergyES	IMCV +0.24 points	0.35%	0.11%
Allstate CorpALL	IMCV +0.24 points	0.45%	0.21%
Quest Diagnostics IncDGX	IMCV +0.24 points	0.38%	0.14%
Digital Realty Trust ReitDLR	IMCV +0.23 points	0.33%	0.10%
Global Payments IncGPN	IMCV +0.23 points	0.29%	0.06%
Dollar Tree IncDLTR	IMCV +0.23 points	0.33%	0.10%

All 268 IMCV holdings⁠All 777 JHML holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMCV vs JHML Cost

Overpaying JHML vs IMCV

$4,682

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IMCV 0.06%
$1,270
JHML 0.29%
$5,952

Amount$10,000

Years30 years

Cost over time

IMCV 0.06%
JHML 0.29%
Overpaying

Year by year

Year	IMCV	JHML	Overpaying
10	$110	$527	$417
20	$432	$2,044	$1,612
30	$1,270	$5,952	$4,682

Expense ratio

0.06%IMCV, cheaper
0.29%JHML

IMCV0.06%JHML0.29%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

IMCV 4th cheapest of 99 funds

JHML 43rd cheapest of 99 funds

IMCV vs JHML Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IMCV 1.84%, better; JHML 0.95%
Payout (12M): IMCV $1.83; JHML $0.86
Last payment: IMCV $0.52; JHML $0.39
Ex-dividend: IMCV Sep 15, 2026; JHML Jun 26, 2026
Paid on: IMCV Sep 18, 2026; JHML Jun 30, 2026
Frequency: IMCV Quarterly; JHML Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

IMCVQuarterly · 39 paymentsAll IMCV payments⁠

JHMLTwice a year · 19 paymentsAll JHML payments⁠

IMCV vs JHML Risk

Fall from peak · 5 years

IMCV
JHML

Risk facts

VolatilityStd dev, 3 years: IMCV 13.6%JHML 12.0%, better
Return per unit of riskSharpe ratio, 3 years: IMCV 1.22JHML 1.35, better
Worst fallMax drawdown, 5 years: IMCV −19.9%, betterJHML −23.5%
Market sensitivityBeta, 5 years: IMCV 0.88JHML 0.97; Market = 1

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