JHPI vs. FHYSX
Compare and contrast key facts about John Hancock Preferred Income ETF (JHPI) and Federated Hermes High-Yield Strategy Portfolio (FHYSX).
JHPI is an actively managed fund by John Hancock. It was launched on Dec 14, 2021. FHYSX is managed by Federated. It was launched on Dec 24, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHPI or FHYSX.
Correlation
The correlation between JHPI and FHYSX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JHPI vs. FHYSX - Performance Comparison
Key characteristics
JHPI:
2.23
FHYSX:
2.74
JHPI:
3.35
FHYSX:
4.38
JHPI:
1.41
FHYSX:
1.64
JHPI:
3.44
FHYSX:
4.19
JHPI:
12.92
FHYSX:
16.12
JHPI:
0.78%
FHYSX:
0.56%
JHPI:
4.53%
FHYSX:
3.30%
JHPI:
-13.45%
FHYSX:
-21.45%
JHPI:
-0.24%
FHYSX:
-0.17%
Returns By Period
In the year-to-date period, JHPI achieves a 1.43% return, which is significantly higher than FHYSX's 1.32% return.
JHPI
1.43%
0.54%
3.54%
9.90%
N/A
N/A
FHYSX
1.32%
0.54%
3.62%
9.28%
3.95%
4.97%
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JHPI vs. FHYSX - Expense Ratio Comparison
JHPI has a 0.54% expense ratio, which is higher than FHYSX's 0.02% expense ratio.
Risk-Adjusted Performance
JHPI vs. FHYSX — Risk-Adjusted Performance Rank
JHPI
FHYSX
JHPI vs. FHYSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Preferred Income ETF (JHPI) and Federated Hermes High-Yield Strategy Portfolio (FHYSX). 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
JHPI vs. FHYSX - Dividend Comparison
JHPI's dividend yield for the trailing twelve months is around 6.19%, less than FHYSX's 6.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHPI John Hancock Preferred Income ETF | 6.19% | 6.33% | 6.44% | 6.27% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FHYSX Federated Hermes High-Yield Strategy Portfolio | 6.29% | 6.35% | 6.33% | 7.06% | 5.44% | 5.73% | 6.17% | 6.61% | 6.06% | 6.31% | 7.21% | 7.60% |
Drawdowns
JHPI vs. FHYSX - Drawdown Comparison
The maximum JHPI drawdown since its inception was -13.45%, smaller than the maximum FHYSX drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for JHPI and FHYSX. For additional features, visit the drawdowns tool.
Volatility
JHPI vs. FHYSX - Volatility Comparison
John Hancock Preferred Income ETF (JHPI) has a higher volatility of 1.09% compared to Federated Hermes High-Yield Strategy Portfolio (FHYSX) at 0.86%. This indicates that JHPI's price experiences larger fluctuations and is considered to be riskier than FHYSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.