John Hancock Preferred Income ETF (JHPI)

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The chart shows the growth of an initial investment of $10,000 in John Hancock Preferred Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

John Hancock Preferred Income ETF (JHPI) has returned -0.26% so far this year and 6.56% over the past 12 months.

Based on dividend-adjusted daily data since Dec 15, 2021, JHPI's average daily return is +0.01%, while the average monthly return is +0.31%. At this rate, your investment would double in approximately 18.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Jan 2023 with a return of +7.3%, while the worst month was Mar 2023 at -6.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, JHPI closed higher 53% of trading days. The best single day was Nov 10, 2022 with a return of +3.3%, while the worst single day was Mar 10, 2023 at -2.8%.

John Hancock Preferred Income ETF has an annualized alpha of 1.67%, beta of 0.21, and R² of 0.34 versus S&P 500 Index. Calculated based on daily prices since December 16, 2021.

• This ETF participated in 45.68% of S&P 500 Index downside but only 36.06% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.21 may look defensive, but with R² of 0.34 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.34 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

JHPI has an expense ratio of 0.54%, placing it in the medium range.

JHPI ranks 78 for risk / return — better than 78% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for John Hancock Preferred Income ETF (JHPI) and compare them to a chosen benchmark (S&P 500 Index).

John Hancock Preferred Income ETF provided a 5.66% dividend yield over the last twelve months, with an annual payout of $1.28 per share.

The table displays the monthly dividend distributions for John Hancock Preferred Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the John Hancock Preferred Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the John Hancock Preferred Income ETF was 13.45%, occurring on Mar 20, 2023. Recovery took 243 trading sessions.

The current John Hancock Preferred Income ETF drawdown is 2.64%.

The chart below shows the rolling one-month volatility.