JHAC vs QIDX: Grades, Fees and Holdings Compared

John Hancock Fundamental All Cap Core ETF

JHACDNYSE Arca

Indexperts Quality Earnings Focused ETF

QIDXBNYSE Arca

Overlap

8.6%by weight

Expense ratio

QIDX −0.22pt a year

JHAC0.72%QIDX0.50%

Avg volume · 30D

QIDX 16.0×the volume

JHAC246QIDX3.94K

JHAC vs QIDX Performance

Oct 31, 2025 – Oct 30, 2026

+2.3%JHAC+8.2%QIDX

Expense ratio: JHAC 0.72%; QIDX 0.50%, better
Fund size: JHAC $4M; QIDX $39M
1Y total return: JHAC +2.3%; QIDX +8.2%, better
Yield (12M): JHAC 2.28%, better; QIDX 0.92%
Holdings: JHAC 49; QIDX 130
Avg volume (30D): JHAC 246 sh; QIDX 3.94K sh, better
NAV per share: JHAC $15.61; QIDX $11.50
52W range

ETF.net Grade

Pillar letters and Scores for JHAC, QIDX, with each pillar’s weight
Pillar	JHAC	QIDX
Cost30% weight	D38	A75Higher
Mission25% weight	B64	Not scored
Risk15% weight	F23	A76Higher
Tradability15% weight	F13	F23Higher
Holdings10% weight	B62	A93Higher
Durability5% weight	C44	C45Higher

Rank among US Active Quality funds

How we build Categories ›

Same Category. JHAC and QIDX are both graded against the same 16 US Active Quality funds, so their Grades compare head to head.

US Active Quality⁠

Category · 16 funds

See all 16 ›

QIDX ranks 4th and JHAC 12th of 16 funds in the US Active Quality Category.

Rank 1ANPFENpf Core Equity EtfScore 79
Rank 2AQLTYGMO US Quality ETFScore 75
Rank 3BAQECAQE Core ETFScore 66
Rank 4BQIDXIndexperts Quality Earnings Focused ETFScore 64
Rank 5BQFFQualivian Focus Fund ETFScore 58
Rank 11DBWTGBrendan Wood TopGun ETFScore 34
Rank 12DJHACJohn Hancock Fundamental All Cap Core ETFScore 33
Rank 13DNQLTNeuberger Quality Select ETFScore 31

Our read on each fund

ETF.net Research

JHACDJohn Hancock Fundamental All Cap Core ETF

QIDXBIndexperts Quality Earnings Focused ETF

In short

JHAC A rare shielded active ETF: Manulife's analysts run an all-cap book of cash-generative businesses, and you see a daily tracking basket instead of the full holdings. Fee is 0.72% net of a waiver through July 31, 2027.

QIDX An active quality fund stitched from Indexperts' own house indexes: steady-earnings names across large, mid and small caps, with a manager free to override the rules. It charges less than the typical fund in its peer group.

Stated mandate

JHAC The fund seeks long-term capital appreciation.

QIDX The Fund seeks total return.

Why people hold it

JHAC Runs under an SEC exemptive order as a semi-transparent ETF: it posts a daily tracking basket designed to closely track the portfolio, keeping the manager's actual trades out of public view.jhinvestments.com jhinvestments.com 2
Go-anywhere equity mandate. At least 80% of net assets in stocks spanning the full capitalization spectrum, with room for up to 20% in foreign issuers and ADRs. No index to hug.jhinvestments.com
Bottom-up research hunting growth drivers, sustainable cash flow and high returns on capital; positions get sold when they hit target valuation or the fundamentals deteriorate.jhinvestments.com
Subadvised by Manulife Investment Management (US), which ran this all-cap strategy as a composite before the ETF opened in 2023.jhinvestments.com

QIDX Charges 0.50% a year, below the median for its quality-focused peer group and about half what the priciest name in that group (EQTY, 0.99%) asks.
Rules first, judgment second: the portfolio is drawn from Indexperts' own growth and consistent-value indexes, with the advisor free to trim or exclude.sec.gov
Reaches across large, mid and small caps instead of hugging a handful of mega caps, and the portfolio build ranks among the stronger ones in its peer group.sec.gov
A plain 1940 Act equity fund seeking total return, with cash paid out quarterly. No leverage, no options overlay, no derivatives wrapper to decode.

Worth knowing

JHAC You pay up for the research: 0.72% net of a waiver through July 31, 2027, above the category median, with gross expenses at 5.11% while the asset base stays small.
Fully transparent peers cost less: PSET at 0.15% and QLTY at 0.50%, neither leaning on a waiver.
Small and thinly traded, so spreads can run wide, and the prospectus notes traders tend to charge more when they get less holdings information.jhinvestments.com

QIDX Listed at the end of 2024, so the track record is short and any read on its risk profile rests on limited history.
Small and thinly traded: spreads can run wider than on giant index funds, and size of order matters more.
You are paying 0.50% for a manager's judgment when index-built quality rivals like PSET run 0.15%.

Full JHAC profile⁠

Full QIDX profile⁠

JHAC vs QIDX Holdings

How JHAC and QIDX differ

Overlap by weight

8.6%

Shared holdings make up 18.9% of JHAC and 10.6% of QIDX.

Level by level

Holdings5 in both8.6%
Countryby domicile93.8%
Asset classEquity100%

Sector

No Sector split for QIDX.

Country, concentration and asset class

Country by domicile

Country weights in JHAC and QIDX, widest gap first
Country	More in JHACMore in QIDX	JHAC	QIDX
United States	QIDX +5.1 points	93.8%	98.8%
Canada	JHAC +2.5 points	2.5%	0.0%
Belgium	JHAC +1.5 points	1.5%	0.0%
Israel	JHAC +1.2 points	1.2%	0.0%
Switzerland	JHAC +0.8 points	0.8%	0.0%
Singapore	QIDX +0.6 points	0.0%	0.6%
Sweden	QIDX +0.5 points	0.0%	0.5%
Italy	JHAC +0.2 points	0.2%	0.0%

Concentration

Weight in the 10 largest Holdings

JHAC47.5%
QIDX25.3%

Securities held

JHAC49
QIDX129

Asset class

JHAC: Equity
QIDX: Equity

Holdings

Only in JHAC44
In both5
Only in QIDX124

Only in JHAC

44 securities, 81.1% of JHAC by weight

Amazon.com, Inc.7.11%
Meta Platforms, Inc.5.06%
Broadcom, Inc.4.46%
Taiwan Semiconductor Manufacturing Company, Ltd.4.23%
NVIDIA Corp.4.05%
Jh Ctf 20491231 00001.0000000000 0.000%, 12/31/20493.46%
KKR & Company, Inc.3.13%
Roper Technologies, Inc.2.65%
Cheniere Energy, Inc.2.64%
Lennar Corp.2.54%
Liberty Media Corp.2.31%
McKesson Corp.2.16%
salesforce.com, Inc.2.06%
Elevance Health, Inc.1.99%
TransDigm Group, Inc.1.96%
Elanco Animal Health, Inc.1.90%
UnitedHealth Group, Inc.1.76%
CarMax, Inc.1.76%
Alnylam Pharmaceuticals, Inc.1.74%
Workday, Inc.1.70%
United Rentals, Inc.1.52%
Vulcan Materials Company1.52%
Vail Resorts, Inc.1.51%
Spotify Technology SA1.47%
Zimmer Biomet Holdings, Inc.1.46%
Ferrari NV1.43%
Cargurus, Inc.1.35%
Arthur J Gallagher & Company1.28%
Haleon PLC1.18%
QUALCOMM, Inc.1.16%
Post Holdings, Inc.1.05%
GE HealthCare Technologies, Inc.0.94%
Millrose Properties, Inc.0.81%
American Tower Corp.0.78%
First Hawaiian, Inc.0.73%
Group 1 Automotive, Inc.0.71%
Regal Rexnord Corp.0.67%
HubSpot, Inc.0.66%
Fortive Corp.0.50%
Accenture PLC0.45%
Adobe, Inc.0.43%
Mobileye Global, Inc.0.38%
Fox Factory Holding Corp.0.26%
Five Point Holdings LLC0.20%

Only in QIDX

124 securities, 86.8% of QIDX by weight

Arista Networks, Inc.3.68%
Xom2.51%
HEICO Corporation2.44%
Altria Group Ord1.90%
Williams Co INC1.86%
Walmart Inc.1.85%
F5 Ord1.81%
Cisco Systems, Inc.1.80%
Cencora, Inc.1.76%
Berkshire Hathaway Inc. Class B1.58%
Costco Wholesale Corporation1.49%
Verizon Communications Ord1.48%
Kroger Co.1.41%
International Business Machines Corporation1.37%
KLA Corporation1.30%
AutoZone, Inc.1.28%
Eli Lilly and Company1.26%
Cognizant Technology Solutions Corporation Class A1.19%
Abbott Laboratories1.17%
Stryker Corporation1.15%
NRG Energy, Inc.1.15%
Amphenol Class A Ord1.15%
VICI Properties Inc1.11%
Palo Alto Networks, Inc.1.11%
Hormel Foods Corporation1.06%
Regeneron Pharmaceuticals, Inc.1.00%
JPMorgan Chase Ord0.97%
T-Mobile US, Inc.0.94%
Aecom Ord0.91%
Hilton Worldwide Holdings Inc.0.87%
Gev0.86%
Travelers Companies, Inc.0.84%
Royal Caribbean Group Ord0.81%
Graham Holdings Class B Ord0.80%
Acadian Asset Management Inc0.79%
Vertex Pharmaceuticals Ord0.77%
Dorman Products Ord0.75%
Caterpillar Inc.0.71%
Timken Company0.70%
Ralph Lauren Corporation Class A0.70%
Comfort Systems USA, Inc.0.68%
Jones Lang LaSalle Incorporated0.67%
Linde plc0.67%
Centene Corporation0.67%
Casey's General Stores, Inc.0.65%
PACCAR Inc0.65%
Mastercard Incorporated Class A0.64%
TJX Companies Inc0.64%
American Express Company0.64%
Hanover Insurance Group, Inc.0.64%

Weight gaps

All 5 Holdings in both funds, largest gap first.

Holding weights in JHAC and QIDX, widest gap first
Holding	More in JHACMore in QIDX	JHAC	QIDX
Microsoft Corp.MSFT	JHAC +7.70 points	8.39%	0.69%
Alphabet, Inc., Class AGOOGL	JHAC +2.15 points	4.76%	2.61%
Apple, Inc.AAPL	QIDX +1.39 points	1.10%	2.49%
Thermo Fisher Scientific, Inc.TMO	QIDX +0.64 points	2.81%	3.45%
S&P Global, Inc.SPGI	JHAC +0.46 points	1.84%	1.38%

All JHAC holdings⁠All 130 QIDX 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.

JHAC vs QIDX Cost

Overpaying JHAC vs QIDX

$3,978

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

JHAC 0.72%
$13,957
QIDX 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

JHAC 0.72%
QIDX 0.50%
Overpaying

Year by year

Year	JHAC	QIDX	Overpaying
10	$1,284	$900	$384
20	$4,888	$3,460	$1,428
30	$13,957	$9,979	$3,978

Expense ratio

0.72%JHAC
0.50%QIDX, cheaper

QIDX0.50%JHAC0.72%

0.40%1.52%

Middle half of US Active Quality funds
Median 0.65%

QIDX 4th cheapest of 16 funds

JHAC 11th cheapest of 16 funds

JHAC vs QIDX Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JHAC 2.28%, better; QIDX 0.92%
Payout (12M): JHAC $0.36; QIDX $0.11
Last payment: JHAC $0.36; QIDX $0.03
Ex-dividend: JHAC Dec 29, 2025; QIDX Sep 29, 2026
Paid on: JHAC Dec 31, 2025; QIDX Sep 30, 2026
Frequency: JHAC Annual; QIDX Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

JHACAnnual · 3 paymentsAll JHAC payments⁠

QIDXQuarterly · 7 paymentsAll QIDX payments⁠

JHAC vs QIDX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: JHAC 14.6%since Dec 2023QIDX 9.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years: JHAC 0.62since Dec 2023QIDX 0.25since Feb 2025
Worst fallMax drawdown, 5 years: JHAC −24.4%since Nov 2023QIDX −15.0%since Jan 2025
Market sensitivityBeta, 5 years: JHAC 1.16QIDX 0.57; Market = 1

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