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JHBIX vs. AMFIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JHBIX vs. AMFIX

Last updated Jun 25, 2026

JHBIX (John Hancock Bond Fund Class I) and AMFIX (AAMA Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 5 years, JHBIX returned 0.18%/yr vs 0.77%/yr for AMFIX. A 0.76 correlation means they provide meaningful diversification when combined. JHBIX charges 0.46%/yr vs 0.92%/yr for AMFIX.

Performance

JHBIX vs. AMFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Bond Fund Class I (JHBIX) and AAMA Income Fund (AMFIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JHBIX achieves a 0.37% return, which is significantly higher than AMFIX's 0.26% return.

JHBIX

1D
0.07%
1M
0.82%
YTD
0.37%
6M
0.68%
1Y
4.61%
3Y*
4.69%
5Y*
0.18%
10Y*
2.47%

AMFIX

1D
0.08%
1M
0.17%
YTD
0.26%
6M
0.32%
1Y
2.19%
3Y*
3.29%
5Y*
0.77%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

JHBIX vs. AMFIX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
JHBIX
John Hancock Bond Fund Class I		0.37%7.68%2.28%6.57%-14.99%-0.41%10.56%10.48%-0.86%0.72%
AMFIX
AAMA Income Fund		0.26%3.74%3.48%3.84%-6.26%-1.37%2.24%2.47%0.89%-0.44%

Correlation

The correlation between JHBIX and AMFIX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.79

Correlation (3Y)
Calculated over the trailing 3-year period

0.80

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Aug 30, 2017

0.76

The correlation between JHBIX and AMFIX has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.

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John Hancock Bond Fund Class I

AAMA Income Fund

Often compared with JHBIX:
JHBIX vs. NTBIXJHBIX vs. BMCIXJHBIX vs. IPOAXJHBIX vs. BDMIXJHBIX vs. BILPXJHBIX vs. BIMBXJHBIX vs. BROIX
Often compared with AMFIX:
AMFIX vs. HOBIXAMFIX vs. ARINXAMFIX vs. EINFXAMFIX vs. AAIIXAMFIX vs. BCPIXAMFIX vs. GUGAXAMFIX vs. MCFIX

Return for Risk

JHBIX vs. AMFIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JHBIX
JHBIX Risk / Return Rank: 2626
Overall Rank
JHBIX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
JHBIX Sortino Ratio Rank: 2929
Sortino Ratio Rank
JHBIX Omega Ratio Rank: 2727
Omega Ratio Rank
JHBIX Calmar Ratio Rank: 2525
Calmar Ratio Rank
JHBIX Martin Ratio Rank: 2222
Martin Ratio Rank
AMFIX
AMFIX Risk / Return Rank: 6060
Overall Rank
AMFIX Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
AMFIX Sortino Ratio Rank: 6464
Sortino Ratio Rank
AMFIX Omega Ratio Rank: 6666
Omega Ratio Rank
AMFIX Calmar Ratio Rank: 6969
Calmar Ratio Rank
AMFIX Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JHBIX vs. AMFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund Class I (JHBIX) and AAMA Income Fund (AMFIX). 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.

JHBIXAMFIXDifference
Sharpe ratioReturn per unit of total volatility
1.27
1.97

-0.70

Sortino ratioReturn per unit of downside risk
1.91
2.96

-1.06

Omega ratioGain probability vs. loss probability

1.23

1.40

-0.17

Calmar ratioReturn relative to maximum drawdown

1.58

2.97

-1.39

Martin ratioReturn relative to average drawdown

4.53

9.04

-4.51

JHBIX vs. AMFIX - Sharpe Ratio Comparison

The current JHBIX Sharpe Ratio is 1.27, which is lower than the AMFIX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of JHBIX and AMFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

JHBIX vs. AMFIX - Drawdown Comparison

The maximum JHBIX drawdown since its inception was -19.90%, which is greater than AMFIX's maximum drawdown of -9.35%. Use the drawdown chart below to compare losses from any high point for JHBIX and AMFIX.

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Drawdown Indicators

JHBIXAMFIXDifference

Max Drawdown

Largest peak-to-trough decline

-19.90%

-9.35%

-10.55%

Max Drawdown (1Y)

Largest decline over 1 year

-3.17%

-0.74%

-2.43%

Max Drawdown (3Y)

Largest decline over 3 years

-6.62%

-0.88%

-5.74%

Max Drawdown (5Y)

Largest decline over 5 years

-19.90%

-8.91%

-10.99%

Max Drawdown (10Y)

Largest decline over 10 years

-19.90%

—

—

Current Drawdown

Current decline from peak

-1.57%

-0.44%

-1.13%

Average Drawdown

Average peak-to-trough decline

-2.73%

-2.01%

-0.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.10%

0.24%

+0.86%

Volatility

JHBIX vs. AMFIX - Volatility Comparison

John Hancock Bond Fund Class I (JHBIX) has a higher volatility of 1.17% compared to AAMA Income Fund (AMFIX) at 0.46%. This indicates that JHBIX's price experiences larger fluctuations and is considered to be riskier than AMFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JHBIXAMFIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.17%

0.46%

+0.71%

Volatility (6M)

Calculated over the trailing 6-month period

3.02%

0.92%

+2.10%

Volatility (1Y)

Calculated over the trailing 1-year period

3.95%

1.12%

+2.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.92%

2.18%

+3.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.96%

1.74%

+3.22%

JHBIX vs. AMFIX - Expense Ratio Comparison

JHBIX has a 0.46% expense ratio, which is lower than AMFIX's 0.92% expense ratio.

Dividends

JHBIX vs. AMFIX - Dividend Comparison

JHBIX's dividend yield for the trailing twelve months is around 4.62%, more than AMFIX's 2.21% yield.

PositionTTM20252024202320222021202020192018201720162015
AMFIX
AAMA Income Fund		2.21%2.08%2.44%1.70%0.83%0.57%0.83%1.24%1.24%0.40%0.00%0.00%
JHBIX
John Hancock Bond Fund Class I		4.62%4.54%4.45%4.11%3.21%3.57%5.78%4.04%3.81%3.54%3.50%3.81%

Frequently Asked Questions

JHBIX and AMFIX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

JHBIX has higher volatility (1.17%) compared to AMFIX (0.46%). In terms of maximum drawdown, JHBIX dropped -19.90% vs AMFIX's -9.35%.

AMFIX currently has the higher Sharpe Ratio (1.97 vs 1.27), 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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