JHCR vs. IBGA
JHCR (John Hancock Core Bond ETF) and IBGA (iShares iBonds Dec 2044 Term Treasury ETF) are both Intermediate Core Bond funds. JHCR is actively managed, while IBGA is passively managed. Over the past year, JHCR returned 5.67% vs 4.43% for IBGA. Their correlation of 0.90 suggests significant overlap in exposure. JHCR charges 0.29%/yr vs 0.07%/yr for IBGA.
Performance
JHCR vs. IBGA - Performance Comparison
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Returns By Period
In the year-to-date period, JHCR achieves a 0.96% return, which is significantly higher than IBGA's 0.28% return.
JHCR
- 1D
- 0.14%
- 1M
- 0.75%
- YTD
- 0.96%
- 6M
- 1.16%
- 1Y
- 5.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBGA
- 1D
- -0.61%
- 1M
- 1.69%
- YTD
- 0.28%
- 6M
- 0.30%
- 1Y
- 4.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JHCR vs. IBGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JHCR John Hancock Core Bond ETF | 0.96% | 7.54% | -0.99% |
IBGA iShares iBonds Dec 2044 Term Treasury ETF | 0.28% | 6.09% | -2.30% |
Correlation
The correlation between JHCR and IBGA is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024 | 0.90 |
The correlation between JHCR and IBGA has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.
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Return for Risk
JHCR vs. IBGA — Risk / Return Rank
JHCR
IBGA
JHCR vs. IBGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Core Bond ETF (JHCR) and iShares iBonds Dec 2044 Term Treasury ETF (IBGA). 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.
| JHCR | IBGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.10 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 0.68 | +1.33 |
| Martin ratioReturn relative to average drawdown | 5.77 | 1.76 | +4.01 |
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Drawdowns
JHCR vs. IBGA - Drawdown Comparison
The maximum JHCR drawdown since its inception was -2.85%, smaller than the maximum IBGA drawdown of -11.69%. Use the drawdown chart below to compare losses from any high point for JHCR and IBGA.
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Drawdown Indicators
| JHCR | IBGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.85% | -11.69% | +8.84% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -6.60% | +3.76% |
Current DrawdownCurrent decline from peak | -0.99% | -4.04% | +3.05% |
Average DrawdownAverage peak-to-trough decline | -0.84% | -5.03% | +4.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 2.53% | -1.55% |
Volatility
JHCR vs. IBGA - Volatility Comparison
The current volatility for John Hancock Core Bond ETF (JHCR) is 1.23%, while iShares iBonds Dec 2044 Term Treasury ETF (IBGA) has a volatility of 1.97%. This indicates that JHCR experiences smaller price fluctuations and is considered to be less risky than IBGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHCR | IBGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 1.97% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 3.22% | 5.81% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.19% | 8.01% | -3.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.73% | 9.83% | -5.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 9.83% | -5.10% |
JHCR vs. IBGA - Expense Ratio Comparison
JHCR has a 0.29% expense ratio, which is higher than IBGA's 0.07% expense ratio.
Dividends
JHCR vs. IBGA - Dividend Comparison
JHCR's dividend yield for the trailing twelve months is around 4.21%, less than IBGA's 4.63% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IBGA iShares iBonds Dec 2044 Term Treasury ETF | 4.63% | 4.49% | 2.03% |
JHCR John Hancock Core Bond ETF | 4.21% | 4.65% | 0.20% |
Frequently Asked Questions
JHCR and IBGA have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBGA has higher volatility (1.97%) compared to JHCR (1.23%). In terms of maximum drawdown, JHCR dropped -2.85% vs IBGA's -11.69%.
On 1-year performance, JHCR leads with 5.67% vs 4.43% for IBGA. On fees, IBGA is cheaper at 0.07% per year. On volatility, JHCR has been the lower-risk option at 1.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JHCR has performed better with a 5.67% return vs 4.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBGA is cheaper with a 0.07% expense ratio, compared with 0.29% for JHCR.
IBGA has the higher dividend yield at 4.63%, compared with 4.21% for JHCR.
They also come from different issuers: John Hancock and iShares. Their fees differ too: 0.29% for JHCR and 0.07% for IBGA.
JHCR currently has the higher Sharpe Ratio (1.36 vs 0.56), 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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