JHBSX vs. JHNBX
JHBSX (John Hancock Bond Fund Class R6) and JHNBX (John Hancock Bond Fund) are both Intermediate Core-Plus Bond funds from John Hancock. Over the past 10 years, JHBSX returned 2.09%/yr vs 1.89%/yr for JHNBX. Their 0.98 correlation means they have historically moved very closely together. JHBSX charges 0.35%/yr vs 0.76%/yr for JHNBX.
Performance
JHBSX vs. JHNBX - Performance Comparison
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Returns By Period
In the year-to-date period, JHBSX achieves a -0.54% return, which is significantly higher than JHNBX's -0.74% return. Over the past 10 years, JHBSX has outperformed JHNBX with an annualized return of 2.09%, while JHNBX has yielded a comparatively lower 1.89% annualized return.
JHBSX
- 1D
- 0.08%
- 1M
- -1.33%
- 6M
- -0.91%
- YTD
- -0.54%
- 1Y
- 2.33%
- 3Y*
- 3.87%
- 5Y*
- -0.59%
- 10Y*
- 2.09%
- ALL TIME*
- 3.09%
JHNBX
- 1D
- 0.08%
- 1M
- -1.33%
- 6M
- -1.15%
- YTD
- -0.74%
- 1Y
- 2.11%
- 3Y*
- 4.01%
- 5Y*
- -0.59%
- 10Y*
- 1.89%
- ALL TIME*
- 4.17%
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 |
JHBSX vs. JHNBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHBSX John Hancock Bond Fund Class R6 | -0.54% | 7.79% | 2.10% | 5.10% | -14.95% | -0.31% | 10.74% | 10.52% | -0.73% | 5.38% |
JHNBX John Hancock Bond Fund | -0.74% | 7.53% | 1.97% | 6.24% | -15.22% | -0.68% | 10.31% | 10.09% | -1.15% | 4.94% |
Correlation
The correlation between JHBSX and JHNBX is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2011 | 0.98 |
The correlation between JHBSX and JHNBX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
JHBSX vs. JHNBX — Risk / Return Rank
JHBSX
JHNBX
JHBSX vs. JHNBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund Class R6 (JHBSX) 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.
| JHBSX | JHNBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.00 | +0.11 |
| Martin ratioReturn relative to average drawdown | 2.87 | 2.55 | +0.32 |
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Drawdowns
JHBSX vs. JHNBX - Drawdown Comparison
The maximum JHBSX drawdown since its inception was -19.78%, smaller than the maximum JHNBX drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for JHBSX and JHNBX.
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Drawdown Indicators
| JHBSX | JHNBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.78% | -24.74% | +4.96% |
Max Drawdown (1Y)Largest decline over 1 year | -3.24% | -3.25% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -6.38% | -5.67% | -0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -19.78% | -20.13% | +0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -19.78% | -20.13% | +0.35% |
Current DrawdownCurrent decline from peak | -3.15% | -3.11% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -4.14% | +0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 1.27% | -0.03% |
Volatility
JHBSX vs. JHNBX - Volatility Comparison
The current volatility for John Hancock Bond Fund Class R6 (JHBSX) is 0.97%, while John Hancock Bond Fund (JHNBX) has a volatility of 1.03%. This indicates that JHBSX 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
| JHBSX | JHNBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 1.03% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.15% | 3.11% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.99% | 3.92% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.93% | 5.89% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.97% | 4.93% | +0.04% |
JHBSX vs. JHNBX - Expense Ratio Comparison
JHBSX has a 0.35% expense ratio, which is lower than JHNBX's 0.76% expense ratio.
Dividends
JHBSX vs. JHNBX - Dividend Comparison
JHBSX's dividend yield for the trailing twelve months is around 4.41%, more than JHNBX's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHBSX John Hancock Bond Fund Class R6 | 4.41% | 4.65% | 4.20% | 2.78% | 3.31% | 3.67% | 5.89% | 4.15% | 3.93% | 3.65% | 3.62% | 3.92% |
JHNBX John Hancock Bond Fund | 4.20% | 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 0.98, JHBSX 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 (1.03%) compared to JHBSX (0.97%). In terms of maximum drawdown, JHBSX dropped -19.78% vs JHNBX's -24.74%.
JHBSX currently has the higher Sharpe Ratio (0.90 vs 0.83), 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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