# John Hancock Exchange Traded Fund Trust - John Hancock Discipline Value Select ETF (JDVL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jdvl for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: John Hancock Investments · Asset class: US Equity - Strategy: Actively Managed · Inception: 2025-08-06 JDVL is an actively managed, that invests in US equity and equity-related securities of issuers with market capitalizations in the Russell 1000 Value Index range and identified as undervalued by the manager. Investments may include common stocks, REITs, ADRs, OTC securities, and partnerships. The manager uses a bottom-up stock selection process based on fundamental and quantitative analysis, considering factors like price-to-book and price-to-earnings ratios, dividend yields, management quality, and cash flow. Up to 15% of assets may be in illiquid securities. The fund may invest in IPOs an... ## Key Facts | Metric | Value | |---|---| | Price | $31.79 | | Expense Ratio | 0.56% | | Assets Under Management | $1.01B | | NAV | $31.77 | | Holdings Count | 40 | | Distribution Yield (TTM) | 1.45% | | Annual Distribution (TTM) | $0.46 /share | | Distribution Frequency | Irregular | | 52-Week Range | $25.71 – $32.89 | | Beta | 0.81 | ## Latest Distribution - Amount: $0.4610 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does JDVL invest in? JDVL is an actively managed, that invests in US equity and equity-related securities of issuers with market capitalizations in the Russell 1000 Value Index range and identified as undervalued by the manager. Investments may include common stocks, REITs, ADRs, OTC securities, and partnerships. The manager uses a bottom-up stock selection process based on fundamental and quantitative analysis, considering factors like price-to-book and price-to-earnings ratios, dividend yields, management quality, and cash flow. Up to 15% of assets may be in illiquid securities. The fund may invest in IPOs and lend portfolio securities for income. As a non-diversified fund, it may concentrate assets in fewer issuers than diversified funds and may process creations/redemptions for cash. ### What is the expense ratio of JDVL? John Hancock Exchange Traded Fund Trust - John Hancock Discipline Value Select ETF (JDVL) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JDVL? John Hancock Exchange Traded Fund Trust - John Hancock Discipline Value Select ETF (JDVL) manages $1.01B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JDVL actively managed or an index fund? JDVL is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JDVL's is 0.56%) in exchange for the discretion to over- or under-weight positions. ### When was JDVL launched? John Hancock Exchange Traded Fund Trust - John Hancock Discipline Value Select ETF (JDVL) launched in August 2025 and is managed by John Hancock Investments. ### How has JDVL performed? JDVL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does JDVL pay a dividend? John Hancock Exchange Traded Fund Trust - John Hancock Discipline Value Select ETF (JDVL) currently distributes little or no income. Trailing-twelve-month yield is 1.45%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JDVL pay dividends? John Hancock Exchange Traded Fund Trust - John Hancock Discipline Value Select ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JDVL's dividend yield? JDVL's trailing-twelve-month yield is 1.45%, calculated from the sum of dividends over the past year divided by the current price. ### When is JDVL's next ex-dividend date? The most recently announced ex-dividend date for JDVL was 2025-12-29. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will JDVL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.56% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JDVL charge its expense ratio? The expense ratio is deducted in tiny daily slices from JDVL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JDVL cost more than a fund like VOO? JDVL is actively managed (current expense ratio 0.56%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JDVL's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JDVL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as JDVL (0.56%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jdvl - Distribution history: https://www.dividenddata.com/funds/jdvl/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jdvl/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jdvl/expenses - Peer comparison: https://www.dividenddata.com/funds/jdvl/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.