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.
Key characteristics
| JHNBX | FBKWX | |
|---|---|---|
| YTD Return | 2.92% | 3.82% |
| 1Y Return | 10.26% | 10.58% |
| 3Y Return (Ann) | -2.66% | -1.27% |
| 5Y Return (Ann) | -0.03% | 0.85% |
| Sharpe Ratio | 1.56 | 1.63 |
| Sortino Ratio | 2.31 | 2.43 |
| Omega Ratio | 1.28 | 1.29 |
| Calmar Ratio | 0.56 | 0.70 |
| Martin Ratio | 5.95 | 6.26 |
| Ulcer Index | 1.58% | 1.46% |
| Daily Std Dev | 6.03% | 5.77% |
| Max Drawdown | -20.10% | -18.08% |
| Current Drawdown | -8.34% | -4.59% |
Correlation
The correlation between JHNBX and FBKWX is 0.96, 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
In the year-to-date period, JHNBX achieves a 2.92% return, which is significantly lower than FBKWX's 3.82% 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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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 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 3.96%, less than FBKWX's 4.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 3.96% | 3.79% | 3.58% | 2.95% | 3.10% | 3.14% | 3.52% | 3.23% | 3.20% | 3.51% | 4.46% | 4.27% |
FBKWX Fidelity Advisor Total Bond Fund Class Z | 4.41% | 4.23% | 3.42% | 2.29% | 2.62% | 3.02% | 3.31% | 2.84% | 3.06% | 3.81% | 0.22% | 0.00% |
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
John Hancock Bond Fund (JHNBX) and Fidelity Advisor Total Bond Fund Class Z (FBKWX) have volatilities of 1.72% and 1.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.