JHBSX vs. LCTRX
JHBSX (John Hancock Bond Fund Class R6) and LCTRX (Leader Capital High Quality Floating Rate Fund Investor Shares) are both Intermediate Core-Plus Bond funds. Over the past 10 years, JHBSX returned 2.42%/yr vs 4.85%/yr for LCTRX. At a 0.22 correlation, their price movements are largely independent. JHBSX charges 0.35%/yr vs 2.33%/yr for LCTRX.
Performance
JHBSX vs. LCTRX - 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 LCTRX's 2.05% return. Over the past 10 years, JHBSX has underperformed LCTRX with an annualized return of 2.42%, while LCTRX has yielded a comparatively higher 4.85% annualized 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%
LCTRX
- 1D
- 0.09%
- 1M
- 0.97%
- YTD
- 2.05%
- 6M
- 2.43%
- 1Y
- 5.22%
- 3Y*
- 5.93%
- 5Y*
- 4.94%
- 10Y*
- 4.85%
JHBSX vs. LCTRX - 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% |
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares | 2.05% | 4.72% | 6.03% | 8.26% | 2.22% | 1.99% | 12.07% | 1.15% | 6.01% | 4.28% |
Correlation
The correlation between JHBSX and LCTRX is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2011 | 0.22 |
Over the past year, JHBSX and LCTRX have become more correlated (0.55) than their long-term average of 0.22, meaning their price movements have been converging.
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Return for Risk
JHBSX vs. LCTRX — Risk / Return Rank
JHBSX
LCTRX
JHBSX vs. LCTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund Class R6 (JHBSX) and Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX). 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 | LCTRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -3.65 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.94 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 4.46 | -2.74 |
| Martin ratioReturn relative to average drawdown | 5.03 | 18.63 | -13.60 |
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Drawdowns
JHBSX vs. LCTRX - Drawdown Comparison
The maximum JHBSX drawdown since its inception was -19.78%, smaller than the maximum LCTRX drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for JHBSX and LCTRX.
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Drawdown Indicators
| JHBSX | LCTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.78% | -26.09% | +6.31% |
Max Drawdown (1Y)Largest decline over 1 year | -3.24% | -1.17% | -2.07% |
Max Drawdown (3Y)Largest decline over 3 years | -7.35% | -1.33% | -6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -19.78% | -3.82% | -15.96% |
Max Drawdown (10Y)Largest decline over 10 years | -19.78% | -23.93% | +4.15% |
Current DrawdownCurrent decline from peak | -2.07% | 0.00% | -2.07% |
Average DrawdownAverage peak-to-trough decline | -3.67% | -4.11% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 0.28% | +0.83% |
Volatility
JHBSX vs. LCTRX - Volatility Comparison
John Hancock Bond Fund Class R6 (JHBSX) has a higher volatility of 1.27% compared to Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) at 0.61%. This indicates that JHBSX's price experiences larger fluctuations and is considered to be riskier than LCTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHBSX | LCTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 0.61% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 3.07% | 1.46% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.05% | 1.95% | +2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.93% | 2.26% | +3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.97% | 6.30% | -1.33% |
JHBSX vs. LCTRX - Expense Ratio Comparison
JHBSX has a 0.35% expense ratio, which is lower than LCTRX's 2.33% expense ratio.
Dividends
JHBSX vs. LCTRX - Dividend Comparison
JHBSX's dividend yield for the trailing twelve months is around 4.72%, less than LCTRX's 5.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares | 5.26% | 5.53% | 5.57% | 5.31% | 2.18% | 1.69% | 1.17% | 2.40% | 3.31% | 2.09% | 0.00% | 0.00% |
Frequently Asked Questions
JHBSX and LCTRX have a correlation of 0.55, 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 LCTRX (0.61%). In terms of maximum drawdown, JHBSX dropped -19.78% vs LCTRX's -26.09%.
LCTRX currently has the higher Sharpe Ratio (2.69 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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