FRBAX vs. BTO
Compare and contrast key facts about John Hancock Regional Bank Fund (FRBAX) and John Hancock Financial Opportunities Fund (BTO).
FRBAX is managed by John Hancock. It was launched on Jan 3, 1992. BTO is an actively managed fund by John Hancock. It was launched on Aug 18, 1994.
Performance
FRBAX vs. BTO - Performance Comparison
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FRBAX vs. BTO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRBAX John Hancock Regional Bank Fund | -1.16% | 11.07% | 22.54% | -1.93% | -12.25% | 40.51% | -10.11% | 27.60% | -17.61% | 10.32% |
BTO John Hancock Financial Opportunities Fund | 4.20% | 5.85% | 28.92% | -1.16% | -23.58% | 61.86% | -8.97% | 38.87% | -25.68% | 13.12% |
Returns By Period
In the year-to-date period, FRBAX achieves a -1.16% return, which is significantly lower than BTO's 4.20% return. Over the past 10 years, FRBAX has underperformed BTO with an annualized return of 9.54%, while BTO has yielded a comparatively higher 10.87% annualized return.
FRBAX
- 1D
- 0.67%
- 1M
- -3.51%
- YTD
- -1.16%
- 6M
- 3.72%
- 1Y
- 16.32%
- 3Y*
- 17.82%
- 5Y*
- 4.96%
- 10Y*
- 9.54%
BTO
- 1D
- 4.88%
- 1M
- 2.50%
- YTD
- 4.20%
- 6M
- 3.43%
- 1Y
- 13.12%
- 3Y*
- 14.52%
- 5Y*
- 6.15%
- 10Y*
- 10.87%
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FRBAX vs. BTO - Expense Ratio Comparison
FRBAX has a 1.22% expense ratio, which is lower than BTO's 2.01% expense ratio.
Return for Risk
FRBAX vs. BTO — Risk / Return Rank
FRBAX
BTO
FRBAX vs. BTO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Regional Bank Fund (FRBAX) and John Hancock Financial Opportunities Fund (BTO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FRBAX | BTO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 0.53 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.04 | 0.88 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.12 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.82 | +0.20 |
Martin ratioReturn relative to average drawdown | 2.64 | 2.13 | +0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FRBAX | BTO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 0.53 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.20 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.30 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.30 | +0.09 |
Correlation
The correlation between FRBAX and BTO is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FRBAX vs. BTO - Dividend Comparison
FRBAX's dividend yield for the trailing twelve months is around 8.90%, more than BTO's 7.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRBAX John Hancock Regional Bank Fund | 8.90% | 8.82% | 9.72% | 2.65% | 5.83% | 5.26% | 2.43% | 1.75% | 1.92% | 1.76% | 2.94% | 4.42% |
BTO John Hancock Financial Opportunities Fund | 7.25% | 7.41% | 7.28% | 8.64% | 7.51% | 4.72% | 7.25% | 6.06% | 5.94% | 3.76% | 5.10% | 4.75% |
Drawdowns
FRBAX vs. BTO - Drawdown Comparison
The maximum FRBAX drawdown since its inception was -67.55%, smaller than the maximum BTO drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for FRBAX and BTO.
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Drawdown Indicators
| FRBAX | BTO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.55% | -72.27% | +4.72% |
Max Drawdown (1Y)Largest decline over 1 year | -14.22% | -16.79% | +2.57% |
Max Drawdown (5Y)Largest decline over 5 years | -46.15% | -51.80% | +5.65% |
Max Drawdown (10Y)Largest decline over 10 years | -52.24% | -65.70% | +13.46% |
Current DrawdownCurrent decline from peak | -12.05% | -8.00% | -4.05% |
Average DrawdownAverage peak-to-trough decline | -12.32% | -19.08% | +6.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 6.45% | -0.94% |
Volatility
FRBAX vs. BTO - Volatility Comparison
The current volatility for John Hancock Regional Bank Fund (FRBAX) is 4.65%, while John Hancock Financial Opportunities Fund (BTO) has a volatility of 7.28%. This indicates that FRBAX experiences smaller price fluctuations and is considered to be less risky than BTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRBAX | BTO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 7.28% | -2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 16.26% | 16.38% | -0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.52% | 24.68% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.63% | 31.47% | -4.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.30% | 36.21% | -6.91% |