JHPI Alternatives & Similar ETFs

John Hancock Preferred Income ETF (JHPI) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JHPI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to JHPI

JHPI charges 0.54% annually. There are 15 ETFs in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.20%.

Symbol	Name	Expense Ratio	AUM	Inception
ICVT	iShares Convertible Bond ETF	0.20%	7.46B	Jun 2015	JHPI vs ICVT
PFFD	Global X U.S. Preferred ETF	0.23%	2.17B	Sep 2017	JHPI vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	305.93M	Jun 2020	JHPI vs PFFV
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	35.16M	Mar 2026	JHPI vs EVPF
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	0.40%	6.40B	Apr 2009	JHPI vs CWB

Best Risk-Adjusted Alternatives to JHPI

JHPI has a PortfoliosLab risk / return rank of 64. There are 8 ETFs in the Preferred Stock/Convertible Bonds category with higher risk-adjusted ranks, going as high as 84.

Symbol	Name	Risk / Return Rank	AUM	Inception
ICVT	iShares Convertible Bond ETF	84	7.46B	Jun 2015	JHPI vs ICVT
FCVT	First Trust SSI Strategic Convertible Securities E...	84	122.72M	Nov 2015	JHPI vs FCVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	80	6.40B	Apr 2009	JHPI vs CWB
NPFI	Nuveen Preferred And Income ETF	74	169.20M	Mar 2024	JHPI vs NPFI
CSPF	Cohen & Steers Preferred and Income Opportunities ...	70	65.77M	Feb 2025	JHPI vs CSPF

Top Performing JHPI Alternatives (YTD)

JHPI is at 1.69% YTD. There are 16 ETFs in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 24.74%.

Symbol	Name	YTD Return	AUM	Inception
FCVT	First Trust SSI Strategic Convertible Securities E...	24.74%	122.72M	Nov 2015	JHPI vs FCVT
ICVT	iShares Convertible Bond ETF	24.42%	7.46B	Jun 2015	JHPI vs ICVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	22.11%	6.40B	Apr 2009	JHPI vs CWB
PFXF	VanEck Vectors Preferred Securities ex Financials ...	5.24%	2.50B	Jul 2012	JHPI vs PFXF
SPFF	Global X SuperIncome Preferred ETF	4.37%	143.01M	Jul 2012	JHPI vs SPFF

Lowest Volatility Alternatives to JHPI

JHPI has 3.45% 1-year volatility. There are 8 ETFs in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 2.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
VRP	Invesco Variable Rate Preferred ETF	2.90%	2.97B	May 2014	JHPI vs VRP
NPFI	Nuveen Preferred And Income ETF	2.95%	169.20M	Mar 2024	JHPI vs NPFI
FPFD	Fidelity Preferred Securities & Income ETF	2.98%	83.02M	Jun 2021	JHPI vs FPFD
CSSD	Cohen & Steers Short Duration Preferred and Income...	3.08%	17.00M	Dec 2025	JHPI vs CSSD
PREF	Principal Spectrum Preferred Secs Active ETF	3.11%	1.70B	Jul 2017	JHPI vs PREF

Lowest Drawdown Alternatives to JHPI

JHPI has a 1-year max drawdown of -3.08%. There are 6 ETFs in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -2.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
QTPI	North Square RCIM Tax-Advantaged Preferred and Inc...	-2.11%	74.29M	Dec 2024	JHPI vs QTPI
PFLD	AAM Low Duration Preferred and Income Securities E...	-2.23%	487.73M	Nov 2019	JHPI vs PFLD
FPFD	Fidelity Preferred Securities & Income ETF	-2.75%	83.02M	Jun 2021	JHPI vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	1.70B	Jul 2017	JHPI vs PREF
VRP	Invesco Variable Rate Preferred ETF	-2.89%	2.97B	May 2014	JHPI vs VRP

Other ETFs from John Hancock

The 10 most viewed John Hancock ETFs shown here include JHAC, JHDV, JHID and span 7 categories. AUM among these funds goes as high as $913M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
JHAC	John Hancock Fundamental All Cap Core ETF	Large Cap Blend Equities	11	-4.18%	3.58M	Nov 2023	JHPI vs JHAC
JHDV	John Hancock U.S. High Dividend ETF	Large Cap Value Equities	80	17.56%	12.24M	Sep 2022	JHPI vs JHDV
JHID	John Hancock International High Dividend ETF	Foreign Large Cap Equities	82	12.53%	11.32M	Dec 2022	JHPI vs JHID
JHMB	John Hancock Mortgage Backed Securities ETF	Intermediate Core-Plus Bond	44	0.68%	201.81M	Aug 2021	JHPI vs JHMB
JHMU	John Hancock Dynamic Municipal Bond ETF	Municipal Bonds	75	1.99%	44.02M	Nov 2023	JHPI vs JHMU
JHCP	John Hancock Core Plus Bond ETF	Intermediate Core-Plus Bond	37	0.61%	—	Dec 2024	JHPI vs JHCP
JHCB	John Hancock Corporate Bond ETF	Corporate Bonds	34	0.75%	109.59M	Mar 2021	JHPI vs JHCB
JDVI	John Hancock Disciplined Value International Selec...	Foreign Large Cap Equities	46	8.42%	723.62M	Dec 2023	JHPI vs JDVI
JHCR	John Hancock Core Bond ETF	Intermediate Core Bond	35	0.51%	—	Dec 2024	JHPI vs JHCR
JDVL	John Hancock Disciplined Value Select ETF	Large Cap Value Equities	—	15.43%	912.70M	Aug 2025	JHPI vs JDVL

Often Compared With JHPI

Investors most often compare JHPI with FHYSX, SCHD, SGOV. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	High Yield Bonds	67	1.19%	—	Dec 2008	JHPI vs FHYSX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	JHPI vs SCHD
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.71%	95.28B	May 2020	JHPI vs SGOV
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	59	8.82%	2.30T	May 2001	JHPI vs VTI
GPRF	Goldman Sachs Access U.S. Preferred Stock and Hybr...	Preferred Stock/Convertible Bonds	43	1.29%	87.26M	Jul 2024	JHPI vs GPRF
JBND	Jpmorgan Active Bond ETF	Intermediate Core Bond	35	0.39%	8.26B	Oct 2023	JHPI vs JBND
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	54	0.91%	6.35B	Feb 2013	JHPI vs FPE
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	28	1.44%	13.45B	Mar 2007	JHPI vs PFF
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	44	2.26%	2.42B	May 2018	JHPI vs PFFA
PGX	Invesco Preferred ETF	Preferred Stock/Convertible Bonds	19	-0.64%	3.87B	Jan 2008	JHPI vs PGX
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	61	1.39%	69.70M	Jun 2020	JHPI vs PQDI
PGF	Invesco Financial Preferred ETF	Preferred Stock/Convertible Bonds	16	-0.57%	692.72M	Dec 2006	JHPI vs PGF
PFFR	InfraCap REIT Preferred ETF	Preferred Stock/Convertible Bonds, REIT	22	1.56%	118.19M	Feb 2017	JHPI vs PFFR
FPEI	First Trust Institutional Preferred Securities & I...	Preferred Stock/Convertible Bonds	69	1.95%	1.89B	Aug 2017	JHPI vs FPEI
PRFD	PIMCO Preferred And Capital Securities Active Exch...	Preferred Stock/Convertible Bonds	67	1.77%	219.37M	Jan 2023	JHPI vs PRFD
PSK	SPDR ICE Preferred Securities ETF	Preferred Stock/Convertible Bonds	15	-0.93%	713.44M	Sep 2009	JHPI vs PSK
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock/Convertible Bonds	10	-2.88%	70.31M	May 2016	JHPI vs EPRF
JHHY	John Hancock High Yield ETF	High Yield Bonds	64	1.78%	86.10M	May 2024	JHPI vs JHHY
UGA	United States Gasoline Fund LP	Oil & Gas	55	64.09%	118.98M	Feb 2008	JHPI vs UGA
DBE	Invesco DB Energy Fund	Oil & Gas	40	53.97%	94.72M	Jan 2007	JHPI vs DBE

Compare JHPI with Any Fund or Stock

Compare JHPI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair JHPI with funds that move differently

John Hancock Preferred Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JHPI.

Explore JHPI Diversifiers

John Hancock Preferred Income ETF (JHPI) Alternatives