John Hancock Mortgage Backed Securities ETF (JHMB) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JHMB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JHMB
JHMB charges 0.39% annually. There are 26 ETFs in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Core-Plus Bond Index ETF | 0.05% | 117.00M | Dec 2025 | JHMB vs BNDP | |
| iShares Core Universal USD Bond ETF | 0.06% | 42.27B | Jun 2014 | JHMB vs IUSB | |
| iShares Core 5-10 Year USD Bond ETF | 0.06% | 278.83M | Nov 2016 | JHMB vs IMTB | |
| iShares ESG Advanced Total USD Bond Market ETF | 0.12% | 720.18M | Jun 2020 | JHMB vs EUSB | |
| iShares Yield Optimized Bond ETF | 0.17% | 452.48M | Apr 2014 | JHMB vs BYLD |
Best Risk-Adjusted Alternatives to JHMB
JHMB has a PortfoliosLab risk / return rank of 44. There are 11 ETFs in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 88 | 46.23M | Sep 2023 | JHMB vs ZHOG | |
| Infrastructure Capital Bond Income ETF | 87 | 17.73M | Jan 2025 | JHMB vs BNDS | |
| Angel Oak Mortgage-Backed Securities ETF | 63 | 154.00M | Jun 2021 | JHMB vs MBS | |
| Cambria Fixed Income Trend ETF | 63 | — | Mar 2025 | JHMB vs CFIT | |
| SanJac Alpha Core Plus Bond ETF | 55 | 2.28M | Sep 2024 | JHMB vs SJCP |
Top Performing JHMB Alternatives (YTD)
JHMB is at 0.68% YTD. There are 22 ETFs in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 5.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Cambria Fixed Income Trend ETF | 5.42% | — | Mar 2025 | JHMB vs CFIT | |
| Infrastructure Capital Bond Income ETF | 4.60% | 17.73M | Jan 2025 | JHMB vs BNDS | |
| Monarch Ambassador Income ETF | 1.59% | 188.06M | Mar 2021 | JHMB vs MAMB | |
| Neos Enhanced Income Aggregate Bond ETF | 1.50% | 178.17M | Aug 2022 | JHMB vs BNDI | |
| iShares Yield Optimized Bond ETF | 1.50% | 452.48M | Apr 2014 | JHMB vs BYLD |
Lowest Volatility Alternatives to JHMB
JHMB has 3.82% 1-year volatility. There are 31 ETFs in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 1.58% | 46.23M | Sep 2023 | JHMB vs ZHOG | |
| SanJac Alpha Core Plus Bond ETF | 2.52% | 2.28M | Sep 2024 | JHMB vs SJCP | |
| Angel Oak Mortgage-Backed Securities ETF | 2.77% | 154.00M | Jun 2021 | JHMB vs MBS | |
| First Trust Commercial Mortgage Opportunities ETF | 3.10% | 34.52M | Feb 2024 | JHMB vs CAAA | |
| DoubleLine Opportunistic Bond ETF | 3.25% | 719.37M | Mar 2022 | JHMB vs DBND |
Lowest Drawdown Alternatives to JHMB
JHMB has a 1-year max drawdown of -3.01%. There are 40 ETFs in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | -1.31% | 46.23M | Sep 2023 | JHMB vs ZHOG | |
| Kingsbarn Tactical Bond ETF | -1.77% | 1.18M | Dec 2021 | JHMB vs KDRN | |
| SanJac Alpha Core Plus Bond ETF | -2.01% | 2.28M | Sep 2024 | JHMB vs SJCP | |
| First Trust Commercial Mortgage Opportunities ETF | -2.08% | 34.52M | Feb 2024 | JHMB vs CAAA | |
| Angel Oak Mortgage-Backed Securities ETF | -2.20% | 154.00M | Jun 2021 | JHMB vs MBS |
Other ETFs from John Hancock
The 10 most viewed John Hancock ETFs shown here include JHAC, JHPI, JHDV and span 8 categories. AUM among these funds goes as high as $913M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| John Hancock Fundamental All Cap Core ETF | Large Cap Blend Equities | 11 | -4.18% | 3.58M | Nov 2023 | JHMB vs JHAC | |
| John Hancock Preferred Income ETF | Preferred Stock/Convertible Bonds | 64 | 1.69% | 206.66M | Dec 2021 | JHMB vs JHPI | |
| John Hancock U.S. High Dividend ETF | Large Cap Value Equities | 80 | 17.56% | 12.24M | Sep 2022 | JHMB vs JHDV | |
| John Hancock International High Dividend ETF | Foreign Large Cap Equities | 82 | 12.53% | 11.32M | Dec 2022 | JHMB vs JHID | |
| John Hancock Dynamic Municipal Bond ETF | Municipal Bonds | 75 | 1.99% | 44.02M | Nov 2023 | JHMB vs JHMU | |
| John Hancock Core Plus Bond ETF | Intermediate Core-Plus Bond | 37 | 0.61% | — | Dec 2024 | JHMB vs JHCP | |
| John Hancock Corporate Bond ETF | Corporate Bonds | 34 | 0.75% | 109.59M | Mar 2021 | JHMB vs JHCB | |
| John Hancock Disciplined Value International Selec... | Foreign Large Cap Equities | 46 | 8.42% | 723.62M | Dec 2023 | JHMB vs JDVI | |
| John Hancock Core Bond ETF | Intermediate Core Bond | 35 | 0.51% | — | Dec 2024 | JHMB vs JHCR | |
| John Hancock Disciplined Value Select ETF | Large Cap Value Equities | — | 15.43% | 912.70M | Aug 2025 | JHMB vs JDVL |
Often Compared With JHMB
Investors most often compare JHMB with QEMM, BIL, MBB. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare JHMB with Any Fund or Stock
Compare JHMB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JHMB with funds that move differently
John Hancock Mortgage Backed Securities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JHMB.
Explore JHMB Diversifiers