JHMM vs. BND
Compare and contrast key facts about John Hancock Multifactor Mid Cap ETF (JHMM) and Vanguard Total Bond Market ETF (BND).
JHMM and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JHMM is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Mid Cap Index. It was launched on Sep 28, 2015. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both JHMM and BND are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHMM or BND.
Key characteristics
| JHMM | BND | |
|---|---|---|
| YTD Return | 19.01% | 1.52% |
| 1Y Return | 30.99% | 7.09% |
| 3Y Return (Ann) | 4.62% | -2.25% |
| 5Y Return (Ann) | 11.48% | -0.27% |
| Sharpe Ratio | 2.27 | 1.14 |
| Sortino Ratio | 3.15 | 1.66 |
| Omega Ratio | 1.39 | 1.20 |
| Calmar Ratio | 2.29 | 0.43 |
| Martin Ratio | 12.76 | 3.87 |
| Ulcer Index | 2.47% | 1.68% |
| Daily Std Dev | 13.90% | 5.71% |
| Max Drawdown | -40.71% | -18.84% |
| Current Drawdown | -1.99% | -9.23% |
Correlation
The correlation between JHMM and BND is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
JHMM vs. BND - Performance Comparison
In the year-to-date period, JHMM achieves a 19.01% return, which is significantly higher than BND's 1.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JHMM vs. BND - Expense Ratio Comparison
JHMM has a 0.42% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
JHMM vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Mid Cap ETF (JHMM) and Vanguard Total Bond Market ETF (BND). 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.
Dividends
JHMM vs. BND - Dividend Comparison
JHMM's dividend yield for the trailing twelve months is around 0.98%, less than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHMM John Hancock Multifactor Mid Cap ETF | 0.98% | 1.17% | 1.16% | 0.72% | 1.04% | 1.02% | 1.36% | 0.90% | 1.15% | 0.33% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
JHMM vs. BND - Drawdown Comparison
The maximum JHMM drawdown since its inception was -40.71%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for JHMM and BND. For additional features, visit the drawdowns tool.
Volatility
JHMM vs. BND - Volatility Comparison
John Hancock Multifactor Mid Cap ETF (JHMM) has a higher volatility of 4.43% compared to Vanguard Total Bond Market ETF (BND) at 1.69%. This indicates that JHMM's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.