JHCR vs. JHLN

Last updated Jun 23, 2026

JHCR (John Hancock Core Bond ETF) and JHLN (John Hancock Global Senior Loan ETF) are both exchange-traded funds - JHCR is a Intermediate Core Bond fund actively managed by John Hancock, while JHLN is a Bank Loan fund actively managed by John Hancock. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. JHCR charges 0.29%/yr vs 0.59%/yr for JHLN.

Performance

JHCR vs. JHLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Core Bond ETF (JHCR) and John Hancock Global Senior Loan ETF (JHLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHCR achieves a 0.96% return, which is significantly higher than JHLN's 0.81% return.

JHCR

• 1D: 0.14%
• 1M: 0.75%
• YTD: 0.96%
• 6M: 1.16%
• 1Y: 5.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JHLN

• 1D: 0.04%
• 1M: 0.32%
• YTD: 0.81%
• 6M: 1.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JHCR vs. JHLN - Yearly Performance Comparison

	2026 (YTD)	2025
JHCR John Hancock Core Bond ETF	0.96%	2.62%
JHLN John Hancock Global Senior Loan ETF	0.81%	1.55%

Correlation

The correlation between JHCR and JHLN 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 (All Time) Calculated using the full available price history since Aug 20, 2025	0.01

Return for Risk

JHCR vs. JHLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JHCR

JHCR Risk / Return Rank: 40
JHCR Sharpe Ratio Rank: 40
JHCR Sortino Ratio Rank: 42
JHCR Omega Ratio Rank: 38
JHCR Calmar Ratio Rank: 42
JHCR Martin Ratio Rank: 38

JHLN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JHCR vs. JHLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Core Bond ETF (JHCR) 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.

	JHCR	JHLN	Difference
Sharpe ratio: Return per unit of total volatility	1.36	—	—
Sortino ratio: Return per unit of downside risk	2.07	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.00	—	—
Martin ratio: Return relative to average drawdown	5.77	—	—

Drawdowns

JHCR vs. JHLN - Drawdown Comparison

The maximum JHCR drawdown since its inception was -2.85%, which is greater than JHLN's maximum drawdown of -1.46%. Use the drawdown chart below to compare losses from any high point for JHCR and JHLN.

Drawdown Indicators

	JHCR	JHLN	Difference
Max Drawdown Largest peak-to-trough decline	-2.85%	-1.46%	-1.39%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	—	—
Current Drawdown Current decline from peak	-0.99%	0.00%	-0.99%
Average Drawdown Average peak-to-trough decline	-0.84%	-0.31%	-0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.98%	—	—

Volatility

Volatility by Period

	JHCR	JHLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.19%	2.62%	+1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.73%	2.62%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	2.62%	+2.11%

JHCR vs. JHLN - Expense Ratio Comparison

JHCR has a 0.29% expense ratio, which is lower than JHLN's 0.59% expense ratio.

Dividends

JHCR vs. JHLN - Dividend Comparison

JHCR's dividend yield for the trailing twelve months is around 4.21%, more than JHLN's 3.85% yield.

Position	TTM	2025	2024
JHCR John Hancock Core Bond ETF	4.21%	4.65%	0.20%
JHLN John Hancock Global Senior Loan ETF	3.85%	1.88%	0.00%

Frequently Asked Questions

Can I hold both JHCR and JHLN in my portfolio?

JHCR and JHLN 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.

Which ETF is better, JHCR or JHLN?

On fees, JHCR is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JHCR or JHLN?

JHCR is cheaper with a 0.29% expense ratio, compared with 0.59% for JHLN.

Which ETF pays a higher dividend yield, JHCR or JHLN?

JHCR has the higher dividend yield at 4.21%, compared with 3.85% for JHLN.

What is the main difference between JHCR and JHLN?

JHCR is categorized as Intermediate Core Bond, while JHLN is Bank Loan. Their fees differ too: 0.29% for JHCR and 0.59% for JHLN.