JHLN vs. TFLR
JHLN (John Hancock Global Senior Loan ETF) and TFLR (T. Rowe Price Floating Rate ETF) are both Bank Loan funds. Both are actively managed. At a 0.16 correlation, their price movements are largely independent. JHLN charges 0.59%/yr vs 0.60%/yr for TFLR.
Performance
JHLN vs. TFLR - Performance Comparison
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Returns By Period
In the year-to-date period, JHLN achieves a 0.64% return, which is significantly lower than TFLR's 1.21% return.
JHLN
- 1D
- -0.15%
- 1M
- 0.29%
- YTD
- 0.64%
- 6M
- 1.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TFLR
- 1D
- -0.21%
- 1M
- 0.02%
- YTD
- 1.21%
- 6M
- 1.72%
- 1Y
- 5.52%
- 3Y*
- 8.05%
- 5Y*
- —
- 10Y*
- —
JHLN vs. TFLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JHLN John Hancock Global Senior Loan ETF | 0.64% | 1.51% |
TFLR T. Rowe Price Floating Rate ETF | 1.21% | 2.49% |
Correlation
The correlation between JHLN and TFLR is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025 | 0.16 |
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Return for Risk
JHLN vs. TFLR — Risk / Return Rank
JHLN
TFLR
JHLN vs. TFLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Global Senior Loan ETF (JHLN) and T. Rowe Price Floating Rate ETF (TFLR). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| JHLN | TFLR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 2.16 | -1.13 |
Drawdowns
JHLN vs. TFLR - Drawdown Comparison
The maximum JHLN drawdown since its inception was -1.46%, smaller than the maximum TFLR drawdown of -4.01%. Use the drawdown chart below to compare losses from any high point for JHLN and TFLR.
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Drawdown Indicators
| JHLN | TFLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.46% | -4.01% | +2.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.01% | — |
Current DrawdownCurrent decline from peak | -0.16% | -0.25% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -0.32% | -0.21% | -0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.47% | — |
Volatility
JHLN vs. TFLR - Volatility Comparison
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Volatility by Period
| JHLN | TFLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.67% | 1.99% | +0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 3.68% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.67% | 3.68% | -1.01% |
JHLN vs. TFLR - Expense Ratio Comparison
JHLN has a 0.59% expense ratio, which is lower than TFLR's 0.60% expense ratio.
Dividends
JHLN vs. TFLR - Dividend Comparison
JHLN's dividend yield for the trailing twelve months is around 3.86%, less than TFLR's 6.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JHLN John Hancock Global Senior Loan ETF | 3.86% | 1.88% | 0.00% | 0.00% | 0.00% |
TFLR T. Rowe Price Floating Rate ETF | 6.78% | 6.93% | 8.18% | 7.76% | 0.58% |
Frequently Asked Questions
JHLN and TFLR have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JHLN is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JHLN is cheaper with a 0.59% expense ratio, compared with 0.60% for TFLR.
TFLR has the higher dividend yield at 6.78%, compared with 3.86% for JHLN.
They also come from different issuers: John Hancock and T. Rowe Price. Their fees differ too: 0.59% for JHLN and 0.60% for TFLR.
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