JHCR vs. BCLO
JHCR (John Hancock Core Bond ETF) and BCLO (iShares BBB-B CLO Active ETF) are both exchange-traded funds - JHCR is a Intermediate Core Bond fund actively managed by John Hancock, while BCLO is a CLO fund tracking the JP Morgan CLOIE High Quality Mezzanine Index. JHCR is actively managed, while BCLO is passively managed. Over the past year, JHCR returned 5.73% vs 6.72% for BCLO. At a 0.05 correlation, their price movements are largely independent. JHCR charges 0.29%/yr vs 0.45%/yr for BCLO.
Performance
JHCR vs. BCLO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JHCR achieves a 0.32% return, which is significantly lower than BCLO's 2.79% return.
JHCR
- 1D
- -0.30%
- 1M
- 0.21%
- YTD
- 0.32%
- 6M
- 0.17%
- 1Y
- 5.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BCLO
- 1D
- 0.05%
- 1M
- 1.24%
- YTD
- 2.79%
- 6M
- 3.32%
- 1Y
- 6.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JHCR vs. BCLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JHCR John Hancock Core Bond ETF | 0.32% | 6.79% |
BCLO iShares BBB-B CLO Active ETF | 2.79% | 5.43% |
Correlation
The correlation between JHCR and BCLO is -0.01, 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 (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025 | 0.05 |
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
JHCR vs. BCLO — Risk / Return Rank
JHCR
BCLO
JHCR vs. BCLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Core Bond ETF (JHCR) and iShares BBB-B CLO Active ETF (BCLO). 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.
| JHCR | BCLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.86 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 3.52 | -1.50 |
| Martin ratioReturn relative to average drawdown | 6.16 | 13.00 | -6.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JHCR | BCLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 3.33 | -1.96 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 1.42 | -0.31 |
Drawdowns
JHCR vs. BCLO - Drawdown Comparison
The maximum JHCR drawdown since its inception was -2.85%, smaller than the maximum BCLO drawdown of -4.45%. Use the drawdown chart below to compare losses from any high point for JHCR and BCLO.
Loading charts...
Drawdown Indicators
| JHCR | BCLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.85% | -4.45% | +1.60% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -1.92% | -0.92% |
Current DrawdownCurrent decline from peak | -1.62% | 0.00% | -1.62% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -0.40% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.52% | +0.41% |
Volatility
JHCR vs. BCLO - Volatility Comparison
John Hancock Core Bond ETF (JHCR) has a higher volatility of 1.51% compared to iShares BBB-B CLO Active ETF (BCLO) at 0.48%. This indicates that JHCR's price experiences larger fluctuations and is considered to be riskier than BCLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JHCR | BCLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 0.48% | +1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 3.11% | 1.65% | +1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.19% | 2.03% | +2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.69% | 4.39% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.69% | 4.39% | +0.30% |
JHCR vs. BCLO - Expense Ratio Comparison
JHCR has a 0.29% expense ratio, which is lower than BCLO's 0.45% expense ratio.
Dividends
JHCR vs. BCLO - Dividend Comparison
JHCR's dividend yield for the trailing twelve months is around 4.24%, less than BCLO's 6.59% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BCLO iShares BBB-B CLO Active ETF | 6.59% | 6.45% | 0.00% |
JHCR John Hancock Core Bond ETF | 4.24% | 4.65% | 0.20% |
Frequently Asked Questions
JHCR and BCLO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JHCR has higher volatility (1.51%) compared to BCLO (0.48%). In terms of maximum drawdown, JHCR dropped -2.85% vs BCLO's -4.45%.
On 1-year performance, BCLO leads with 6.72% vs 5.73% for JHCR. On fees, JHCR is cheaper at 0.29% per year. On volatility, BCLO has been the lower-risk option at 0.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BCLO has performed better with a 6.72% return vs 5.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JHCR is cheaper with a 0.29% expense ratio, compared with 0.45% for BCLO.
BCLO has the higher dividend yield at 6.59%, compared with 4.24% for JHCR.
JHCR is categorized as Intermediate Core Bond, while BCLO is CLO. They also come from different issuers: John Hancock and iShares. Their fees differ too: 0.29% for JHCR and 0.45% for BCLO.
BCLO currently has the higher Sharpe Ratio (3.33 vs 1.37), 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.
Find the right allocation for JHCR and BCLO
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