JHNBX vs. USGLX
JHNBX (John Hancock Bond Fund) and USGLX (John Hancock U.S. Global Leaders Growth Fund) are both mutual funds - JHNBX is a Intermediate Core-Plus Bond fund managed by John Hancock, while USGLX is a Large Cap Growth Equities fund managed by John Hancock. Over the past 10 years, JHNBX returned 2.23%/yr vs 11.48%/yr for USGLX. At a correlation of -0.01, they often move in opposite directions. JHNBX charges 0.76%/yr vs 1.13%/yr for USGLX.
Performance
JHNBX vs. USGLX - Performance Comparison
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Returns By Period
In the year-to-date period, JHNBX achieves a 0.69% return, which is significantly higher than USGLX's -6.69% return. Over the past 10 years, JHNBX has underperformed USGLX with an annualized return of 2.23%, while USGLX has yielded a comparatively higher 11.48% 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%
USGLX
- 1D
- 0.30%
- 1M
- -4.33%
- YTD
- -6.69%
- 6M
- -7.51%
- 1Y
- -5.90%
- 3Y*
- 8.04%
- 5Y*
- 1.77%
- 10Y*
- 11.48%
JHNBX vs. USGLX - 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% |
USGLX John Hancock U.S. Global Leaders Growth Fund | -6.69% | 2.94% | 18.17% | 29.14% | -29.76% | 19.18% | 35.40% | 33.07% | 3.35% | 25.38% |
Correlation
The correlation between JHNBX and USGLX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 1995 | -0.01 |
The correlation between JHNBX and USGLX shifts across timeframes, from -0.01 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JHNBX vs. USGLX — Risk / Return Rank
JHNBX
USGLX
JHNBX vs. USGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund (JHNBX) and John Hancock U.S. Global Leaders Growth Fund (USGLX). 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 | USGLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.94 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | -0.37 | +1.92 |
| Martin ratioReturn relative to average drawdown | 4.44 | -1.04 | +5.47 |
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Drawdowns
JHNBX vs. USGLX - Drawdown Comparison
The maximum JHNBX drawdown since its inception was -24.74%, smaller than the maximum USGLX drawdown of -46.82%. Use the drawdown chart below to compare losses from any high point for JHNBX and USGLX.
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Drawdown Indicators
| JHNBX | USGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.74% | -46.82% | +22.08% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -16.11% | +12.86% |
Max Drawdown (3Y)Largest decline over 3 years | -6.69% | -25.58% | +18.89% |
Max Drawdown (5Y)Largest decline over 5 years | -20.13% | -36.80% | +16.67% |
Max Drawdown (10Y)Largest decline over 10 years | -20.13% | -36.80% | +16.67% |
Current DrawdownCurrent decline from peak | -1.71% | -16.93% | +15.22% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -7.41% | +3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 5.78% | -4.65% |
Volatility
JHNBX vs. USGLX - Volatility Comparison
The current volatility for John Hancock Bond Fund (JHNBX) is 1.29%, while John Hancock U.S. Global Leaders Growth Fund (USGLX) has a volatility of 4.44%. This indicates that JHNBX experiences smaller price fluctuations and is considered to be less risky than USGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHNBX | USGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 4.44% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 3.05% | 10.67% | -7.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 13.70% | -9.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.89% | 21.05% | -15.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 20.25% | -15.32% |
JHNBX vs. USGLX - Expense Ratio Comparison
JHNBX has a 0.76% expense ratio, which is lower than USGLX's 1.13% expense ratio.
Dividends
JHNBX vs. USGLX - Dividend Comparison
JHNBX's dividend yield for the trailing twelve months is around 4.46%, less than USGLX's 30.42% 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% |
USGLX John Hancock U.S. Global Leaders Growth Fund | 30.42% | 28.38% | 15.79% | 0.00% | 0.00% | 8.75% | 11.38% | 6.76% | 13.55% | 7.34% | 5.42% | 6.57% |
Frequently Asked Questions
JHNBX and USGLX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USGLX has higher volatility (4.44%) compared to JHNBX (1.29%). In terms of maximum drawdown, JHNBX dropped -24.74% vs USGLX's -46.82%.
JHNBX currently has the higher Sharpe Ratio (1.27 vs -0.44), 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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