John Hancock Funds Strategic Income Opportunities Fund (JIPIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JIPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JIPIX
JIPIX charges 0.76% annually. There are 35 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | JIPIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | JIPIX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | JIPIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | JIPIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | JIPIX vs MOFIX |
Best Risk-Adjusted Alternatives to JIPIX
JIPIX has a PortfoliosLab risk / return rank of 46. There are 45 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | JIPIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | JIPIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | JIPIX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | JIPIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | JIPIX vs CBLDX |
Top Performing JIPIX Alternatives (YTD)
JIPIX is at 1.14% YTD. There are 34 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.36%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.36% | — | Jan 2011 | JIPIX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.03% | — | May 2016 | JIPIX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.37% | — | Nov 2015 | JIPIX vs NWXHX | |
| Eaton Vance Strategic Income Fund Class I | 2.33% | — | Apr 2009 | JIPIX vs ESIIX | |
| Nationwide Strategic Income A | 2.22% | — | Nov 2015 | JIPIX vs NWXEX |
Lowest Volatility Alternatives to JIPIX
JIPIX has 2.98% 1-year volatility. There are 36 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.19% | — | Nov 2015 | JIPIX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | JIPIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | JIPIX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | JIPIX vs CBLDX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | JIPIX vs RFXIX |
Lowest Drawdown Alternatives to JIPIX
JIPIX has a 1-year max drawdown of -2.87%. There are 50 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | JIPIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | JIPIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | JIPIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | JIPIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | JIPIX vs BWDTX |
Other Mutual Funds from John Hancock
The 10 most viewed John Hancock mutual funds shown here include SVBAX, JAAAX, JVMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| John Hancock Balanced Fund | Diversified Portfolio | 88 | 10.21% | — | Oct 1992 | JIPIX vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 94 | 5.65% | — | Jan 2009 | JIPIX vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 28 | 9.21% | — | Jun 1997 | JIPIX vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 64 | 9.62% | — | Nov 2012 | JIPIX vs JFIVX | |
| John Hancock Premium Dividend Fund | Dividend | 8 | 3.78% | — | Dec 1989 | JIPIX vs PDT | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 86 | 18.45% | — | Jan 1997 | JIPIX vs JVLIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 21 | 0.17% | — | Nov 1973 | JIPIX vs JHNBX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 54 | 33.48% | — | May 2019 | JIPIX vs JIJIX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 11 | -0.63% | — | Oct 1984 | JIPIX vs TAGRX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | 83 | 9.88% | — | Apr 2014 | JIPIX vs JAKVX |
Often Compared With JIPIX
Investors most often compare JIPIX with SPYD, CBRDX, JCCIX. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare JIPIX with Any Fund or Stock
Compare JIPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JIPIX with funds that move differently
John Hancock Funds Strategic Income Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JIPIX.
Explore JIPIX Diversifiers