JHMB vs. FIBR
JHMB (John Hancock Mortgage Backed Securities ETF) and FIBR (iShares U.S. Fixed Income Balanced Risk Systematic ETF) are both Intermediate Core-Plus Bond funds. JHMB is actively managed, while FIBR is passively managed. Over the past 3 years, JHMB returned 5.24%/yr vs 6.70%/yr for FIBR. A 0.59 correlation means they provide meaningful diversification when combined. JHMB charges 0.39%/yr vs 0.25%/yr for FIBR.
Performance
JHMB vs. FIBR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JHMB achieves a 0.36% return, which is significantly higher than FIBR's 0.06% return.
JHMB
- 1D
- -0.23%
- 1M
- 0.40%
- YTD
- 0.36%
- 6M
- 0.46%
- 1Y
- 6.77%
- 3Y*
- 5.24%
- 5Y*
- —
- 10Y*
- —
FIBR
- 1D
- -0.27%
- 1M
- 0.22%
- YTD
- 0.06%
- 6M
- -0.05%
- 1Y
- 5.34%
- 3Y*
- 6.70%
- 5Y*
- 1.54%
- 10Y*
- 2.28%
JHMB vs. FIBR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JHMB John Hancock Mortgage Backed Securities ETF | 0.36% | 7.89% | 3.52% | 7.21% | -10.24% | -0.79% |
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | 0.06% | 8.32% | 6.04% | 8.22% | -13.57% | -0.67% |
Correlation
The correlation between JHMB and FIBR is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2021 | 0.59 |
Over the past year, JHMB and FIBR have become more correlated (0.80) than their long-term average of 0.59, meaning their price movements have been converging.
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
JHMB vs. FIBR — Risk / Return Rank
JHMB
FIBR
JHMB vs. FIBR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Mortgage Backed Securities ETF (JHMB) and iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR). 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.
| JHMB | FIBR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.26 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.79 | +0.46 |
| Martin ratioReturn relative to average drawdown | 6.58 | 5.50 | +1.08 |
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
| JHMB | FIBR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 1.41 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.27 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.50 | -0.25 |
Drawdowns
JHMB vs. FIBR - Drawdown Comparison
The maximum JHMB drawdown since its inception was -14.53%, smaller than the maximum FIBR drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for JHMB and FIBR.
Loading charts...
Drawdown Indicators
| JHMB | FIBR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.53% | -18.47% | +3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -2.99% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -5.80% | -3.08% | -2.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.47% | — |
Current DrawdownCurrent decline from peak | -1.84% | -1.79% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -3.27% | -1.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 0.97% | +0.06% |
Volatility
JHMB vs. FIBR - Volatility Comparison
The current volatility for John Hancock Mortgage Backed Securities ETF (JHMB) is 1.16%, while iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) has a volatility of 1.40%. This indicates that JHMB experiences smaller price fluctuations and is considered to be less risky than FIBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JHMB | FIBR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 1.40% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 3.10% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.91% | 3.80% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.81% | 5.63% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.81% | 4.95% | +0.86% |
JHMB vs. FIBR - Expense Ratio Comparison
JHMB has a 0.39% expense ratio, which is higher than FIBR's 0.25% expense ratio.
Dividends
JHMB vs. FIBR - Dividend Comparison
JHMB's dividend yield for the trailing twelve months is around 4.73%, more than FIBR's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | 4.62% | 4.78% | 5.04% | 4.44% | 3.27% | 1.92% | 2.57% | 3.27% | 3.61% | 2.74% | 2.92% | 2.26% |
JHMB John Hancock Mortgage Backed Securities ETF | 4.73% | 4.48% | 4.88% | 4.04% | 4.17% | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JHMB and FIBR have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIBR has higher volatility (1.40%) compared to JHMB (1.16%). In terms of maximum drawdown, JHMB dropped -14.53% vs FIBR's -18.47%.
On 3-year performance, FIBR leads with 6.70% vs 5.24% for JHMB. On fees, FIBR is cheaper at 0.25% per year. On volatility, JHMB has been the lower-risk option at 1.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, FIBR has performed better with a 6.70% return vs 5.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FIBR is cheaper with a 0.25% expense ratio, compared with 0.39% for JHMB.
JHMB has the higher dividend yield at 4.73%, compared with 4.62% for FIBR.
They also come from different issuers: John Hancock and iShares. Their fees differ too: 0.39% for JHMB and 0.25% for FIBR.
JHMB currently has the higher Sharpe Ratio (1.75 vs 1.41), 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 JHMB and FIBR
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