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. Their -0.02 correlation means they have often moved in opposite directions in the past. JHCB charges 0.29%/yr vs 0.59%/yr for JHLN.
Performance
JHCB vs. JHLN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JHCB achieves a -1.01% return, which is significantly lower than JHLN's 0.93% return.
JHCB
- 1D
- -0.29%
- 1M
- -1.98%
- 6M
- -1.36%
- YTD
- -1.01%
- 1Y
- 1.55%
- 3Y*
- 5.05%
- 5Y*
- -0.15%
- 10Y*
- —
- ALL TIME*
- 0.72%
JHLN
- 1D
- 0.16%
- 1M
- 0.02%
- 6M
- 1.54%
- YTD
- 0.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $496.05K | $369.71K | $346.04K | |
| $1.25M | $902.58K | $611.21K |
JHCB vs. JHLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JHCB John Hancock Corporate Bond ETF | -1.01% | 2.16% |
JHLN John Hancock Global Senior Loan ETF | 0.93% | 1.55% |
Correlation
The correlation between JHCB and JHLN is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025 | -0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | 1.08 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | — | — |
| Martin ratioReturn relative to average drawdown | 1.87 | — | — |
Loading charts...
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.
Loading charts...
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 | -5.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.57% | — | — |
Current DrawdownCurrent decline from peak | -2.40% | -0.40% | -2.00% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -0.29% | -7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | — | — |
Volatility
JHCB vs. JHLN - Volatility Comparison
Loading charts...
Volatility by Period
| JHCB | JHLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.46% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 2.63% | +1.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.94% | 2.63% | +4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.81% | 2.63% | +4.18% |
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 5.13%, more than JHLN's 4.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JHCB John Hancock Corporate Bond ETF | 5.13% | 4.92% | 5.02% | 4.35% | 3.86% | 2.41% |
JHLN John Hancock Global Senior Loan ETF | 4.91% | 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 5.13%, compared with 4.91% 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.
Find the right allocation for JHCB and JHLN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer