JICDX vs. FTHRX

Last updated Jun 24, 2026

JICDX (John Hancock Funds II Core Bond Fund) and FTHRX (Fidelity Intermediate Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, JICDX returned 1.21%/yr vs 1.95%/yr for FTHRX. Their correlation of 0.87 suggests significant overlap in exposure. JICDX charges 0.66%/yr vs 0.45%/yr for FTHRX.

Performance

JICDX vs. FTHRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds II Core Bond Fund (JICDX) and Fidelity Intermediate Bond Fund (FTHRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JICDX achieves a 0.21% return, which is significantly higher than FTHRX's -0.24% return. Over the past 10 years, JICDX has underperformed FTHRX with an annualized return of 1.21%, while FTHRX has yielded a comparatively higher 1.95% annualized return.

JICDX

• 1D: -0.27%
• 1M: 0.55%
• YTD: 0.21%
• 6M: 0.30%
• 1Y: 2.59%
• 3Y*: 3.37%
• 5Y*: -0.41%
• 10Y*: 1.21%

FTHRX

• 1D: -0.20%
• 1M: 0.22%
• YTD: -0.24%
• 6M: 0.16%
• 1Y: 3.22%
• 3Y*: 4.50%
• 5Y*: 1.02%
• 10Y*: 1.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JICDX vs. FTHRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JICDX John Hancock Funds II Core Bond Fund	0.21%	5.57%	1.42%	5.77%	-13.68%	-2.01%	8.40%	8.21%	-0.54%	3.24%
FTHRX Fidelity Intermediate Bond Fund	-0.24%	6.89%	3.25%	5.55%	-9.17%	-1.60%	7.06%	7.20%	0.52%	2.31%

Correlation

The correlation between JICDX and FTHRX is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005	0.87

The correlation between JICDX and FTHRX shifts across timeframes, from 0.76 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JICDX vs. FTHRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JICDX

JICDX Risk / Return Rank: 10
JICDX Sharpe Ratio Rank: 10
JICDX Sortino Ratio Rank: 9
JICDX Omega Ratio Rank: 9
JICDX Calmar Ratio Rank: 13
JICDX Martin Ratio Rank: 10

FTHRX

FTHRX Risk / Return Rank: 20
FTHRX Sharpe Ratio Rank: 20
FTHRX Sortino Ratio Rank: 22
FTHRX Omega Ratio Rank: 20
FTHRX Calmar Ratio Rank: 21
FTHRX Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JICDX vs. FTHRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Core Bond Fund (JICDX) and Fidelity Intermediate Bond Fund (FTHRX). 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.

	JICDX	FTHRX	Difference
Sharpe ratio: Return per unit of total volatility	0.74	1.20	-0.46
Sortino ratio: Return per unit of downside risk	1.05	1.84	-0.79
Omega ratio: Gain probability vs. loss probability	1.13	1.22	-0.08
Calmar ratio: Return relative to maximum drawdown	1.14	1.59	-0.44
Martin ratio: Return relative to average drawdown	2.70	4.39	-1.69

JICDX vs. FTHRX - Sharpe Ratio Comparison

The current JICDX Sharpe Ratio is 0.74, which is lower than the FTHRX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of JICDX and FTHRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JICDX vs. FTHRX - Drawdown Comparison

The maximum JICDX drawdown since its inception was -18.94%, roughly equal to the maximum FTHRX drawdown of -19.01%. Use the drawdown chart below to compare losses from any high point for JICDX and FTHRX.

Drawdown Indicators

	JICDX	FTHRX	Difference
Max Drawdown Largest peak-to-trough decline	-18.94%	-19.01%	+0.07%
Max Drawdown (1Y) Largest decline over 1 year	-2.83%	-2.11%	-0.72%
Max Drawdown (3Y) Largest decline over 3 years	-6.37%	-2.68%	-3.69%
Max Drawdown (5Y) Largest decline over 5 years	-18.61%	-13.18%	-5.43%
Max Drawdown (10Y) Largest decline over 10 years	-18.94%	-13.25%	-5.69%
Current Drawdown Current decline from peak	-4.01%	-1.48%	-2.53%
Average Drawdown Average peak-to-trough decline	-2.93%	-3.06%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	0.76%	+0.39%

Volatility

JICDX vs. FTHRX - Volatility Comparison

John Hancock Funds II Core Bond Fund (JICDX) has a higher volatility of 1.06% compared to Fidelity Intermediate Bond Fund (FTHRX) at 0.87%. This indicates that JICDX's price experiences larger fluctuations and is considered to be riskier than FTHRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JICDX	FTHRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.06%	0.87%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	3.24%	2.09%	+1.15%
Volatility (1Y) Calculated over the trailing 1-year period	4.41%	2.80%	+1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.14%	4.04%	+2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	3.40%	+1.60%

JICDX vs. FTHRX - Expense Ratio Comparison

JICDX has a 0.66% expense ratio, which is higher than FTHRX's 0.45% expense ratio.

Dividends

JICDX vs. FTHRX - Dividend Comparison

JICDX's dividend yield for the trailing twelve months is around 1.75%, less than FTHRX's 3.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTHRX Fidelity Intermediate Bond Fund	3.71%	3.59%	3.49%	2.94%	1.55%	1.53%	4.16%	2.49%	2.48%	2.20%	2.63%	2.13%
JICDX John Hancock Funds II Core Bond Fund	1.75%	2.85%	4.25%	3.66%	2.34%	1.74%	6.47%	3.38%	2.69%	2.03%	2.44%	1.72%

Frequently Asked Questions

Can I hold both JICDX and FTHRX in my portfolio?

JICDX and FTHRX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JICDX or FTHRX?

JICDX has higher volatility (1.06%) compared to FTHRX (0.87%). In terms of maximum drawdown, JICDX dropped -18.94% vs FTHRX's -19.01%.

Which has better risk-adjusted returns?

FTHRX currently has the higher Sharpe Ratio (1.20 vs 0.74), 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.