JHCB vs. JHLN
JHCB (John Hancock Corporate Bond ETF) and JHLN (John Hancock Global Senior Loan ETF) are both exchange-traded funds - JHCB is a Corporate Bonds fund actively managed by John Hancock, while JHLN is a Bank Loan fund actively managed by John Hancock. Both are actively managed. At a correlation of -0.02, they often move in opposite directions. JHCB charges 0.29%/yr vs 0.59%/yr for JHLN.
Performance
JHCB vs. JHLN - Performance Comparison
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Returns By Period
In the year-to-date period, JHCB achieves a -0.27% return, which is significantly lower than JHLN's 1.30% return.
JHCB
- 1D
- -0.27%
- 1M
- -0.94%
- 6M
- -0.50%
- YTD
- -0.27%
- 1Y
- 3.58%
- 3Y*
- 5.20%
- 5Y*
- 0.12%
- 10Y*
- —
JHLN
- 1D
- 0.22%
- 1M
- 0.87%
- 6M
- 1.50%
- YTD
- 1.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JHCB vs. JHLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JHCB John Hancock Corporate Bond ETF | -0.27% | 2.16% |
JHLN John Hancock Global Senior Loan ETF | 1.30% | 1.55% |
Correlation
The correlation between JHCB and JHLN is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025 | -0.02 |
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Return for Risk
JHCB vs. JHLN — Risk / Return Rank
JHCB
JHLN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JHCB vs. JHLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Corporate Bond ETF (JHCB) and John Hancock Global Senior Loan ETF (JHLN). 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.
| JHCB | JHLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | — | — |
| Martin ratioReturn relative to average drawdown | 3.64 | — | — |
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Drawdowns
JHCB vs. JHLN - Drawdown Comparison
The maximum JHCB drawdown since its inception was -22.61%, which is greater than JHLN's maximum drawdown of -1.46%. Use the drawdown chart below to compare losses from any high point for JHCB and JHLN.
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Drawdown Indicators
| JHCB | JHLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.61% | -1.46% | -21.15% |
Max Drawdown (1Y)Largest decline over 1 year | -3.16% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.54% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.61% | — | — |
Current DrawdownCurrent decline from peak | -1.67% | 0.00% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -8.05% | -0.29% | -7.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | — | — |
Volatility
JHCB vs. JHLN - Volatility Comparison
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Volatility by Period
| JHCB | JHLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.43% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.33% | 2.58% | +1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.94% | 2.58% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.83% | 2.58% | +4.25% |
JHCB vs. JHLN - Expense Ratio Comparison
JHCB has a 0.29% expense ratio, which is lower than JHLN's 0.59% expense ratio.
Dividends
JHCB vs. JHLN - Dividend Comparison
JHCB's dividend yield for the trailing twelve months is around 5.01%, more than JHLN's 4.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JHCB John Hancock Corporate Bond ETF | 5.01% | 4.92% | 5.02% | 4.35% | 3.86% | 2.41% |
JHLN John Hancock Global Senior Loan ETF | 4.29% | 1.88% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JHCB and JHLN have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JHCB is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JHCB is cheaper with a 0.29% expense ratio, compared with 0.59% for JHLN.
JHCB has the higher dividend yield at 5.01%, compared with 4.29% for JHLN.
JHCB is categorized as Corporate Bonds, while JHLN is Bank Loan. Their fees differ too: 0.29% for JHCB and 0.59% for JHLN.
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