JICDX vs. QDIBX
JICDX (John Hancock Funds II Core Bond Fund) and QDIBX (Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans) are both Intermediate Core Bond funds. Over the past 5 years, JICDX returned -0.41%/yr vs 0.03%/yr for QDIBX. Their correlation of 0.89 suggests significant overlap in exposure. JICDX charges 0.66%/yr vs 0.03%/yr for QDIBX.
Performance
JICDX vs. QDIBX - Performance Comparison
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Returns By Period
In the year-to-date period, JICDX achieves a 0.21% return, which is significantly higher than QDIBX's -0.22% 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%
QDIBX
- 1D
- -0.34%
- 1M
- 0.45%
- YTD
- -0.22%
- 6M
- -0.00%
- 1Y
- 3.61%
- 3Y*
- 4.36%
- 5Y*
- 0.03%
- 10Y*
- —
JICDX vs. QDIBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JICDX John Hancock Funds II Core Bond Fund | 0.21% | 5.57% | 1.42% | 5.77% | -13.68% | -2.01% | 8.40% | 0.15% |
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans | -0.22% | 7.72% | 1.66% | 6.71% | -14.11% | -0.17% | 6.77% | -0.10% |
Correlation
The correlation between JICDX and QDIBX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2019 | 0.89 |
The correlation between JICDX and QDIBX shifts across timeframes, from 0.82 (1 year) to 0.92 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JICDX vs. QDIBX — Risk / Return Rank
JICDX
QDIBX
JICDX vs. QDIBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Core Bond Fund (JICDX) and Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX). 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 | QDIBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.18 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 1.30 | -0.16 |
| Martin ratioReturn relative to average drawdown | 2.70 | 3.62 | -0.92 |
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Drawdowns
JICDX vs. QDIBX - Drawdown Comparison
The maximum JICDX drawdown since its inception was -18.94%, roughly equal to the maximum QDIBX drawdown of -19.63%. Use the drawdown chart below to compare losses from any high point for JICDX and QDIBX.
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Drawdown Indicators
| JICDX | QDIBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -19.63% | +0.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -2.97% | +0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -6.37% | -5.37% | -1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -18.61% | -19.63% | +1.02% |
Max Drawdown (10Y)Largest decline over 10 years | -18.94% | — | — |
Current DrawdownCurrent decline from peak | -4.01% | -1.98% | -2.03% |
Average DrawdownAverage peak-to-trough decline | -2.93% | -6.35% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.15% | 1.06% | +0.09% |
Volatility
JICDX vs. QDIBX - Volatility Comparison
John Hancock Funds II Core Bond Fund (JICDX) has a higher volatility of 1.06% compared to Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) at 0.94%. This indicates that JICDX's price experiences larger fluctuations and is considered to be riskier than QDIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JICDX | QDIBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 0.94% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.24% | 2.67% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.41% | 3.75% | +0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.14% | 6.59% | -0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 6.25% | -1.25% |
JICDX vs. QDIBX - Expense Ratio Comparison
JICDX has a 0.66% expense ratio, which is higher than QDIBX's 0.03% expense ratio.
Dividends
JICDX vs. QDIBX - Dividend Comparison
JICDX's dividend yield for the trailing twelve months is around 1.75%, less than QDIBX's 3.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans | 3.51% | 3.50% | 3.55% | 3.65% | 2.51% | 1.80% | 3.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JICDX and QDIBX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JICDX has higher volatility (1.06%) compared to QDIBX (0.94%). In terms of maximum drawdown, JICDX dropped -18.94% vs QDIBX's -19.63%.
QDIBX currently has the higher Sharpe Ratio (1.03 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.
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