JHNBX vs. FBKWX
Compare and contrast key facts about John Hancock Bond Fund (JHNBX) and Fidelity Advisor Total Bond Fund Class Z (FBKWX).
JHNBX is managed by John Hancock. It was launched on Nov 9, 1973. FBKWX is managed by Fidelity. It was launched on Oct 15, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHNBX or FBKWX.
Correlation
The correlation between JHNBX and FBKWX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JHNBX vs. FBKWX - Performance Comparison
Key characteristics
JHNBX:
1.26
FBKWX:
1.17
JHNBX:
1.83
FBKWX:
1.75
JHNBX:
1.22
FBKWX:
1.21
JHNBX:
0.49
FBKWX:
0.57
JHNBX:
3.18
FBKWX:
3.28
JHNBX:
2.13%
FBKWX:
1.82%
JHNBX:
5.38%
FBKWX:
5.13%
JHNBX:
-20.10%
FBKWX:
-18.08%
JHNBX:
-6.86%
FBKWX:
-3.01%
Returns By Period
The year-to-date returns for both stocks are quite close, with JHNBX having a 2.54% return and FBKWX slightly lower at 2.50%. Over the past 10 years, JHNBX has underperformed FBKWX with an annualized return of 1.70%, while FBKWX has yielded a comparatively higher 2.18% annualized return.
JHNBX
2.54%
2.08%
0.71%
5.59%
-0.44%
1.70%
FBKWX
2.50%
2.06%
1.50%
5.97%
0.37%
2.18%
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JHNBX vs. FBKWX - Expense Ratio Comparison
JHNBX has a 0.76% expense ratio, which is higher than FBKWX's 0.36% expense ratio.
Risk-Adjusted Performance
JHNBX vs. FBKWX — Risk-Adjusted Performance Rank
JHNBX
FBKWX
JHNBX vs. FBKWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund (JHNBX) and Fidelity Advisor Total Bond Fund Class Z (FBKWX). 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
JHNBX vs. FBKWX - Dividend Comparison
JHNBX's dividend yield for the trailing twelve months is around 3.76%, less than FBKWX's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 3.76% | 4.16% | 3.79% | 3.58% | 2.95% | 3.10% | 3.14% | 3.52% | 3.23% | 3.20% | 3.51% | 4.46% |
FBKWX Fidelity Advisor Total Bond Fund Class Z | 4.17% | 4.59% | 4.23% | 3.42% | 2.29% | 2.62% | 3.02% | 3.31% | 2.84% | 3.06% | 3.81% | 0.22% |
Drawdowns
JHNBX vs. FBKWX - Drawdown Comparison
The maximum JHNBX drawdown since its inception was -20.10%, which is greater than FBKWX's maximum drawdown of -18.08%. Use the drawdown chart below to compare losses from any high point for JHNBX and FBKWX. For additional features, visit the drawdowns tool.
Volatility
JHNBX vs. FBKWX - Volatility Comparison
The current volatility for John Hancock Bond Fund (JHNBX) is 1.37%, while Fidelity Advisor Total Bond Fund Class Z (FBKWX) has a volatility of 1.48%. This indicates that JHNBX experiences smaller price fluctuations and is considered to be less risky than FBKWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.