JHMM vs VBR: Holdings Overlap
JHMMJohn Hancock Multifactor Mid Cap ETF
John Hancock · 666 holdings · $6.0B · as of 2026-03-31
VBRVanguard Small-cap Value Index Fund
Vanguard · 838 holdings · $38.3B · as of 2026-03-31
How similar are JHMM and VBR?
John Hancock Multifactor Mid Cap ETF (JHMM, by John Hancock) holds 666 positions; Vanguard Small-cap Value Index Fund (VBR, by Vanguard) holds 838. They have 300 holdings in common, and by portfolio weight the two funds are 41.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 41.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 300JHMM holds 666 · VBR holds 838
- Weight in Shared Holdings
- JHMM 43%·VBR 68%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in JHMM
366 of 666 positions (57.3% of the fund) are not held by VBR. Showing the top 30 by weight.
Sector Breakdown
| Sector | JHMM | VBR |
|---|---|---|
| Industrials | 20.0% | 18.8% |
| Financials | 15.5% | 18.7% |
| Information Technology | 13.9% | 8.2% |
| Consumer Discretionary | 9.8% | 10.9% |
| Health Care | 10.7% | 8.4% |
| Other Sectors | 29.8% | 34.3% |
| Unclassified | 0.1% | 0.5% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of JHMM, 1% of VBR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JHMM | +3.3% | +17.3% | +24.7% | +15.8% | +8.8% | +11.9% | 0.86% |
| VBR | +3.1% | +19.2% | +28.7% | +15.4% | +10.0% | +10.8% | 1.73% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in JHMM vs VBR →
Shared Holdings(300)
The top 10 shared positions account for 8% of the overlap, led by UTHR, FLEX and EME.
 UTHRUnited Therapeutics Corporation COM | 0.39% | 0.63% | 0.39% |
|---|---|---|---|
 FLEXFlex Ltd. COM USD0.01 | 0.39% | 0.58% | 0.39% |
 EMEEmcor Group Inc COM | 0.37% | 0.40% | 0.37% |
 CFCF Industries Holdings, Inc. COM | 0.36% | 0.48% | 0.36% |
 OMCOmnicom Group Inc COM | 0.36% | 0.57% | 0.36% |
 TPRTapestry Inc COM | 0.33% | 0.69% | 0.33% |
 JBLJabil Inc COM | 0.33% | 0.65% | 0.33% |
 NRGNRG Energy, Inc. COM NEW | 0.32% | 0.75% | 0.32% |
 MKSIMKS Inc. COM | 0.31% | 0.37% | 0.31% |
 JLLJones Lang LaSalle Incorporated COM | 0.31% | 0.35% | 0.31% |
 OVVOvintiv Inc COM | 0.30% | 0.41% | 0.30% |
 STLDSteel Dynamics, Inc. COM | 0.32% | 0.30% | 0.30% |
 VTRSViatris Inc COM | 0.30% | 0.38% | 0.30% |
 AKAMAkamai Technologies, Inc. COM | 0.30% | 0.40% | 0.30% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 0.29% | 0.31% | 0.29% |
 EXEExpand Energy Corp. COM | 0.28% | 0.32% | 0.28% |
 WSMWilliams-Sonoma Inc. COM | 0.28% | 0.53% | 0.28% |
 APAAPA Corp. COM | 0.28% | 0.36% | 0.28% |
 THCTenet Healthcare Corporation COM NEW | 0.27% | 0.40% | 0.27% |
 FFIVF5 Inc COM | 0.27% | 0.40% | 0.27% |
 WCCWesco International, Inc. COM | 0.27% | 0.32% | 0.27% |
 SCIService Corporation International COM | 0.27% | 0.26% | 0.26% |
 USFDUS Foods Holding Corp COM | 0.26% | 0.49% | 0.26% |
 XPOXPO Inc COM | 0.27% | 0.26% | 0.26% |
 TOLToll Brothers, Inc. COM | 0.26% | 0.31% | 0.26% |
Showing the top 250 of 300 shared holdings by overlap weight.
Frequently Asked Questions
How much do JHMM and VBR overlap?
JHMM and VBR overlap by 41.8% of portfolio weight. They share 300 holdings (JHMM holds 666 positions and VBR holds 838), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JHMM and VBR?
The two portfolios are 41.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of JHMM and VBR?
The largest positions held by both funds are UTHR, FLEX, EME, CF and OMC. Together the top 10 shared positions account for 8% of the total overlap.
What does JHMM own that VBR doesn't?
366 positions (57.3% of JHMM) are unique to JHMM, led by TRGP, KEYS and FIX. In the other direction, 538 positions (31.9% of VBR) are unique to VBR.