JHNBX vs. TNUIX
JHNBX (John Hancock Bond Fund) and TNUIX (1290 Diversified Bond Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, JHNBX returned 2.23%/yr vs 2.96%/yr for TNUIX. A 0.60 correlation means they provide meaningful diversification when combined. JHNBX charges 0.76%/yr vs 0.50%/yr for TNUIX.
Performance
JHNBX vs. TNUIX - Performance Comparison
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Returns By Period
In the year-to-date period, JHNBX achieves a 0.69% return, which is significantly lower than TNUIX's 3.16% return. Over the past 10 years, JHNBX has underperformed TNUIX with an annualized return of 2.23%, while TNUIX has yielded a comparatively higher 2.96% annualized return.
JHNBX
- 1D
- 0.44%
- 1M
- 0.87%
- YTD
- 0.69%
- 6M
- 0.98%
- 1Y
- 4.85%
- 3Y*
- 4.59%
- 5Y*
- 0.04%
- 10Y*
- 2.23%
TNUIX
- 1D
- 0.35%
- 1M
- 1.70%
- YTD
- 3.16%
- 6M
- 3.04%
- 1Y
- 6.48%
- 3Y*
- 3.94%
- 5Y*
- -1.05%
- 10Y*
- 2.96%
JHNBX vs. TNUIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 0.69% | 7.53% | 1.97% | 6.24% | -15.22% | -0.68% | 10.31% | 10.09% | -1.15% | 4.94% |
TNUIX 1290 Diversified Bond Fund | 3.16% | 10.61% | -3.72% | 3.21% | -12.54% | -2.46% | 17.14% | 10.28% | 2.30% | 3.47% |
Correlation
The correlation between JHNBX and TNUIX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2015 | 0.60 |
The correlation between JHNBX and TNUIX shifts across timeframes, from 0.54 (1 year) to 0.79 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
JHNBX vs. TNUIX — Risk / Return Rank
JHNBX
TNUIX
JHNBX vs. TNUIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund (JHNBX) and 1290 Diversified Bond Fund (TNUIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JHNBX | TNUIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | 2.45 | -0.91 |
| Martin ratioReturn relative to average drawdown | 4.44 | 6.30 | -1.86 |
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Drawdowns
JHNBX vs. TNUIX - Drawdown Comparison
The maximum JHNBX drawdown since its inception was -24.74%, smaller than the maximum TNUIX drawdown of -26.30%. Use the drawdown chart below to compare losses from any high point for JHNBX and TNUIX.
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Drawdown Indicators
| JHNBX | TNUIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.74% | -26.30% | +1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -2.71% | -0.54% |
Max Drawdown (3Y)Largest decline over 3 years | -6.69% | -14.40% | +7.71% |
Max Drawdown (5Y)Largest decline over 5 years | -20.13% | -26.17% | +6.04% |
Max Drawdown (10Y)Largest decline over 10 years | -20.13% | -26.30% | +6.17% |
Current DrawdownCurrent decline from peak | -1.71% | -5.65% | +3.94% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -6.29% | +2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 1.05% | +0.08% |
Volatility
JHNBX vs. TNUIX - Volatility Comparison
John Hancock Bond Fund (JHNBX) and 1290 Diversified Bond Fund (TNUIX) have volatilities of 1.29% and 1.33%, 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.
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Volatility by Period
| JHNBX | TNUIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 1.33% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.05% | 4.13% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 5.86% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.89% | 9.50% | -3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 7.74% | -2.81% |
JHNBX vs. TNUIX - Expense Ratio Comparison
JHNBX has a 0.76% expense ratio, which is higher than TNUIX's 0.50% expense ratio.
Dividends
JHNBX vs. TNUIX - Dividend Comparison
JHNBX's dividend yield for the trailing twelve months is around 4.46%, more than TNUIX's 3.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 4.46% | 4.41% | 4.14% | 3.80% | 2.93% | 3.30% | 5.50% | 3.75% | 3.51% | 3.23% | 3.19% | 3.48% |
TNUIX 1290 Diversified Bond Fund | 3.27% | 7.28% | 6.39% | 3.71% | 3.51% | 4.61% | 2.68% | 8.07% | 3.67% | 2.94% | 0.12% | 0.00% |
Frequently Asked Questions
JHNBX and TNUIX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TNUIX has higher volatility (1.33%) compared to JHNBX (1.29%). In terms of maximum drawdown, JHNBX dropped -24.74% vs TNUIX's -26.30%.
JHNBX currently has the higher Sharpe Ratio (1.27 vs 1.13), 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.
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