JHBSX vs. HOBIX
JHBSX (John Hancock Bond Fund Class R6) and HOBIX (Holbrook Income Fund Class I) are both Intermediate Core-Plus Bond funds. Both are actively managed. Over the past 5 years, JHBSX returned -0.09%/yr vs 4.26%/yr for HOBIX. At a 0.35 correlation, their price movements are largely independent. JHBSX charges 0.35%/yr vs 1.05%/yr for HOBIX.
Performance
JHBSX vs. HOBIX - Performance Comparison
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Returns By Period
In the year-to-date period, JHBSX achieves a 0.57% return, which is significantly lower than HOBIX's 2.22% return.
JHBSX
- 1D
- 0.22%
- 1M
- 0.98%
- YTD
- 0.57%
- 6M
- 1.11%
- 1Y
- 5.57%
- 3Y*
- 4.33%
- 5Y*
- -0.09%
- 10Y*
- 2.42%
HOBIX
- 1D
- 0.00%
- 1M
- 0.38%
- YTD
- 2.22%
- 6M
- 3.19%
- 1Y
- 6.17%
- 3Y*
- 7.21%
- 5Y*
- 4.26%
- 10Y*
- —
JHBSX vs. HOBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHBSX John Hancock Bond Fund Class R6 | 0.57% | 7.79% | 2.10% | 5.10% | -14.95% | -0.31% | 10.74% | 10.52% | -0.73% | 5.38% |
HOBIX Holbrook Income Fund Class I | 2.22% | 7.67% | 7.66% | 5.65% | -2.91% | 6.13% | 7.45% | 7.70% | 1.74% | 2.75% |
Correlation
The correlation between JHBSX and HOBIX is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.35 |
The correlation between JHBSX and HOBIX shifts across timeframes, from 0.35 (all time) to 0.52 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JHBSX vs. HOBIX — Risk / Return Rank
JHBSX
HOBIX
JHBSX vs. HOBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund Class R6 (JHBSX) and Holbrook Income Fund Class I (HOBIX). 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.
| JHBSX | HOBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -7.52 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 4.27 | -3.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 12.16 | -10.44 |
| Martin ratioReturn relative to average drawdown | 5.03 | 41.70 | -36.67 |
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Drawdowns
JHBSX vs. HOBIX - Drawdown Comparison
The maximum JHBSX drawdown since its inception was -19.78%, smaller than the maximum HOBIX drawdown of -23.52%. Use the drawdown chart below to compare losses from any high point for JHBSX and HOBIX.
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Drawdown Indicators
| JHBSX | HOBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.78% | -23.52% | +3.74% |
Max Drawdown (1Y)Largest decline over 1 year | -3.24% | -0.51% | -2.73% |
Max Drawdown (3Y)Largest decline over 3 years | -7.35% | -2.77% | -4.58% |
Max Drawdown (5Y)Largest decline over 5 years | -19.78% | -4.16% | -15.62% |
Max Drawdown (10Y)Largest decline over 10 years | -19.78% | — | — |
Current DrawdownCurrent decline from peak | -2.07% | -0.20% | -1.87% |
Average DrawdownAverage peak-to-trough decline | -3.67% | -0.96% | -2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 0.15% | +0.96% |
Volatility
JHBSX vs. HOBIX - Volatility Comparison
John Hancock Bond Fund Class R6 (JHBSX) has a higher volatility of 1.27% compared to Holbrook Income Fund Class I (HOBIX) at 0.55%. This indicates that JHBSX's price experiences larger fluctuations and is considered to be riskier than HOBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHBSX | HOBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 0.55% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 3.07% | 1.51% | +1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.05% | 2.02% | +2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.93% | 2.65% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.97% | 5.72% | -0.75% |
JHBSX vs. HOBIX - Expense Ratio Comparison
JHBSX has a 0.35% expense ratio, which is lower than HOBIX's 1.05% expense ratio.
Dividends
JHBSX vs. HOBIX - Dividend Comparison
JHBSX's dividend yield for the trailing twelve months is around 4.72%, less than HOBIX's 6.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOBIX Holbrook Income Fund Class I | 6.31% | 6.45% | 7.04% | 6.35% | 5.31% | 3.97% | 6.30% | 3.51% | 4.32% | 2.12% | 0.00% | 0.00% |
JHBSX John Hancock Bond Fund Class R6 | 4.72% | 4.65% | 4.20% | 2.78% | 3.31% | 3.67% | 5.89% | 4.15% | 3.93% | 3.65% | 3.62% | 3.92% |
Frequently Asked Questions
JHBSX and HOBIX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JHBSX has higher volatility (1.27%) compared to HOBIX (0.55%). In terms of maximum drawdown, JHBSX dropped -19.78% vs HOBIX's -23.52%.
HOBIX currently has the higher Sharpe Ratio (3.08 vs 1.38), 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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