JHBIX vs. JHNBX
JHBIX (John Hancock Bond Fund Class I) and JHNBX (John Hancock Bond Fund) are both Intermediate Core-Plus Bond funds from John Hancock. Over the past 10 years, JHBIX returned 2.47%/yr vs 2.19%/yr for JHNBX. With a 0.99 correlation, they move nearly in lockstep. JHBIX charges 0.46%/yr vs 0.76%/yr for JHNBX.
Performance
JHBIX vs. JHNBX - Performance Comparison
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Returns By Period
In the year-to-date period, JHBIX achieves a 0.37% return, which is significantly higher than JHNBX's 0.25% return. Over the past 10 years, JHBIX has outperformed JHNBX with an annualized return of 2.47%, while JHNBX has yielded a comparatively lower 2.19% annualized 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%
JHNBX
- 1D
- 0.07%
- 1M
- 0.80%
- YTD
- 0.25%
- 6M
- 0.53%
- 1Y
- 4.54%
- 3Y*
- 4.43%
- 5Y*
- -0.08%
- 10Y*
- 2.19%
JHBIX vs. JHNBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 5.26% |
JHNBX John Hancock Bond Fund | 0.25% | 7.53% | 1.97% | 6.24% | -15.22% | -0.68% | 10.31% | 10.09% | -1.15% | 4.94% |
Correlation
The correlation between JHBIX and JHNBX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2001 | 0.99 |
The correlation between JHBIX and JHNBX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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Return for Risk
JHBIX vs. JHNBX — Risk / Return Rank
JHBIX
JHNBX
JHBIX vs. JHNBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund Class I (JHBIX) 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.
| JHBIX | JHNBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.50 | +0.08 |
| Martin ratioReturn relative to average drawdown | 4.53 | 4.31 | +0.22 |
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Drawdowns
JHBIX vs. JHNBX - Drawdown Comparison
The maximum JHBIX drawdown since its inception was -19.90%, smaller than the maximum JHNBX drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for JHBIX and JHNBX.
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Drawdown Indicators
| JHBIX | JHNBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.90% | -24.74% | +4.84% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -3.25% | +0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -6.62% | -6.69% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -19.90% | -20.13% | +0.23% |
Max Drawdown (10Y)Largest decline over 10 years | -19.90% | -20.13% | +0.23% |
Current DrawdownCurrent decline from peak | -1.57% | -2.14% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -2.73% | -4.14% | +1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 1.13% | -0.03% |
Volatility
JHBIX vs. JHNBX - Volatility Comparison
John Hancock Bond Fund Class I (JHBIX) and John Hancock Bond Fund (JHNBX) have volatilities of 1.17% and 1.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHBIX | JHNBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.23% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.02% | 3.02% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.95% | 3.96% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 5.88% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.96% | 4.93% | +0.03% |
JHBIX vs. JHNBX - Expense Ratio Comparison
JHBIX has a 0.46% expense ratio, which is lower than JHNBX's 0.76% expense ratio.
Dividends
JHBIX vs. JHNBX - Dividend Comparison
JHBIX's dividend yield for the trailing twelve months is around 4.62%, more than JHNBX's 4.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JHNBX John Hancock Bond Fund | 4.48% | 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
With a correlation of 0.99, JHBIX and JHNBX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JHNBX has higher volatility (1.23%) compared to JHBIX (1.17%). In terms of maximum drawdown, JHBIX dropped -19.90% vs JHNBX's -24.74%.
JHBIX currently has the higher Sharpe Ratio (1.27 vs 1.23), 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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