JFIIX vs. JHNBX
JFIIX (John Hancock Funds Floating Rate Income Fund) and JHNBX (John Hancock Bond Fund) are both mutual funds - JFIIX is a Bank Loan fund managed by John Hancock, while JHNBX is a Intermediate Core-Plus Bond fund managed by John Hancock. Over the past 10 years, JFIIX returned 4.25%/yr vs 1.89%/yr for JHNBX. Their 0.24 correlation means their historical movements had little consistent relationship. JFIIX charges 0.78%/yr vs 0.76%/yr for JHNBX.
Performance
JFIIX vs. JHNBX - Performance Comparison
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Returns By Period
In the year-to-date period, JFIIX achieves a 0.73% return, which is significantly higher than JHNBX's -0.97% return. Over the past 10 years, JFIIX has outperformed JHNBX with an annualized return of 4.25%, while JHNBX has yielded a comparatively lower 1.89% annualized return.
JFIIX
- 1D
- 0.00%
- 1M
- -0.14%
- 6M
- 0.87%
- YTD
- 0.73%
- 1Y
- 2.29%
- 3Y*
- 4.90%
- 5Y*
- 4.18%
- 10Y*
- 4.25%
- ALL TIME*
- 4.19%
JHNBX
- 1D
- -0.23%
- 1M
- -1.56%
- 6M
- -1.23%
- YTD
- -0.97%
- 1Y
- 1.88%
- 3Y*
- 4.14%
- 5Y*
- -0.63%
- 10Y*
- 1.89%
- ALL TIME*
- 4.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JFIIX vs. JHNBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JFIIX John Hancock Funds Floating Rate Income Fund | 0.73% | 4.78% | 7.19% | 11.06% | -3.83% | 4.50% | 2.91% | 9.34% | -0.88% | 3.02% |
JHNBX John Hancock Bond Fund | -0.97% | 7.53% | 1.97% | 6.24% | -15.22% | -0.68% | 10.31% | 10.09% | -1.15% | 4.94% |
Correlation
The correlation between JFIIX and JHNBX is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2007 | 0.24 |
The correlation between JFIIX and JHNBX shifts across timeframes, from 0.12 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JFIIX vs. JHNBX — Risk / Return Rank
JFIIX
JHNBX
JFIIX vs. JHNBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Floating Rate Income Fund (JFIIX) and John Hancock Bond Fund (JHNBX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JFIIX | JHNBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.12 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 0.81 | +0.60 |
| Martin ratioReturn relative to average drawdown | 3.92 | 2.06 | +1.86 |
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Drawdowns
JFIIX vs. JHNBX - Drawdown Comparison
The maximum JFIIX drawdown since its inception was -29.82%, which is greater than JHNBX's maximum drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for JFIIX and JHNBX.
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Drawdown Indicators
| JFIIX | JHNBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.82% | -24.74% | -5.08% |
Max Drawdown (1Y)Largest decline over 1 year | -1.53% | -3.25% | +1.72% |
Max Drawdown (3Y)Largest decline over 3 years | -2.68% | -5.67% | +2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -7.64% | -20.13% | +12.49% |
Max Drawdown (10Y)Largest decline over 10 years | -20.88% | -20.13% | -0.75% |
Current DrawdownCurrent decline from peak | -0.27% | -3.33% | +3.06% |
Average DrawdownAverage peak-to-trough decline | -1.90% | -4.14% | +2.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 1.28% | -0.73% |
Volatility
JFIIX vs. JHNBX - Volatility Comparison
The current volatility for John Hancock Funds Floating Rate Income Fund (JFIIX) is 0.24%, while John Hancock Bond Fund (JHNBX) has a volatility of 1.03%. This indicates that JFIIX experiences smaller price fluctuations and is considered to be less risky than JHNBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JFIIX | JHNBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.24% | 1.03% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 1.63% | 3.12% | -1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.29% | 3.92% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.85% | 5.89% | -3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.84% | 4.93% | -1.09% |
JFIIX vs. JHNBX - Expense Ratio Comparison
JFIIX has a 0.78% expense ratio, which is higher than JHNBX's 0.76% expense ratio.
Dividends
JFIIX vs. JHNBX - Dividend Comparison
JFIIX's dividend yield for the trailing twelve months is around 5.97%, more than JHNBX's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JFIIX John Hancock Funds Floating Rate Income Fund | 5.97% | 6.96% | 6.92% | 6.51% | 7.33% | 3.44% | 4.36% | 5.72% | 4.65% | 4.52% | 5.42% | 5.33% |
JHNBX John Hancock Bond Fund | 4.21% | 4.41% | 4.14% | 3.80% | 2.93% | 3.30% | 5.50% | 3.75% | 3.51% | 3.23% | 3.19% | 3.48% |
Frequently Asked Questions
JFIIX and JHNBX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JHNBX has higher volatility (1.03%) compared to JFIIX (0.24%). In terms of maximum drawdown, JFIIX dropped -29.82% vs JHNBX's -24.74%.
JFIIX currently has the higher Sharpe Ratio (0.98 vs 0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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