JICDX vs. QDIBX

Last updated Aug 4, 2026

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 -0.88%/yr vs -0.39%/yr for QDIBX. Their correlation of 0.89 means they have usually moved in the same direction. JICDX charges 0.66%/yr vs 0.03%/yr for QDIBX.

Performance

JICDX vs. QDIBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds II Core Bond Fund (JICDX) and Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JICDX having a -0.77% return and QDIBX slightly lower at -0.78%.

JICDX

• 1D: 0.00%
• 1M: -0.55%
• 6M: -0.86%
• YTD: -0.77%
• 1Y: 1.04%
• 3Y*: 3.38%
• 5Y*: -0.88%
• 10Y*: 1.03%
• ALL TIME*: 3.05%

QDIBX

• 1D: -0.34%
• 1M: -0.89%
• 6M: -0.56%
• YTD: -0.78%
• 1Y: 1.66%
• 3Y*: 4.28%
• 5Y*: -0.39%
• 10Y*: —
• ALL TIME*: 0.89%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JICDX John Hancock Funds II Core Bond Fund	$0.00	$0.00	$0.00
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans	$0.00	$0.00	$0.00

JICDX vs. QDIBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JICDX John Hancock Funds II Core Bond Fund	-0.77%	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	-0.78%	7.72%	1.66%	6.71%	-14.11%	-0.17%	6.77%	-0.10%

Correlation

The correlation between JICDX and QDIBX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (5Y) Shows whether the relationship held over a longer 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 0.79 (1 year) to 0.92 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JICDX vs. QDIBX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JICDX

JICDX Risk / Return Rank: 7
JICDX Sharpe Ratio Rank: 7
JICDX Sortino Ratio Rank: 6
JICDX Omega Ratio Rank: 6
JICDX Calmar Ratio Rank: 7
JICDX Martin Ratio Rank: 6

QDIBX

QDIBX Risk / Return Rank: 16
QDIBX Sharpe Ratio Rank: 17
QDIBX Sortino Ratio Rank: 17
QDIBX Omega Ratio Rank: 15
QDIBX Calmar Ratio Rank: 16
QDIBX Martin Ratio Rank: 14

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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 ratio: Return per unit of total volatility	0.26	0.70	-0.44
Sortino ratio: Return per unit of downside risk	0.38	1.05	-0.67
Omega ratio: Gain probability vs. loss probability	1.05	1.12	-0.07
Calmar ratio: Return relative to maximum drawdown	0.33	0.87	-0.54
Martin ratio: Return relative to average drawdown	0.69	2.09	-1.40

JICDX vs. QDIBX - Sharpe Ratio Comparison

The current JICDX Sharpe Ratio is 0.26, which is lower than the QDIBX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of JICDX and QDIBX, 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. 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.

Drawdown Indicators

	JICDX	QDIBX	Difference
Max Drawdown Largest peak-to-trough decline	-18.94%	-19.63%	+0.69%
Max Drawdown (1Y) Largest decline over 1 year	-3.47%	-2.97%	-0.50%
Max Drawdown (3Y) Largest decline over 3 years	-5.17%	-5.37%	+0.20%
Max Drawdown (5Y) Largest decline over 5 years	-18.55%	-19.47%	+0.92%
Max Drawdown (10Y) Largest decline over 10 years	-18.94%	—	—
Current Drawdown Current decline from peak	-4.94%	-2.53%	-2.41%
Average Drawdown Average peak-to-trough decline	-2.95%	-6.28%	+3.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	1.23%	+0.35%

Volatility

JICDX vs. QDIBX - Volatility Comparison

The current volatility for John Hancock Funds II Core Bond Fund (JICDX) is 0.69%, while Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) has a volatility of 0.85%. This indicates that JICDX experiences smaller price fluctuations and is considered to be less risky than QDIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JICDX	QDIBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.69%	0.85%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	3.02%	2.76%	+0.26%
Volatility (1Y) Calculated over the trailing 1-year period	4.37%	3.67%	+0.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.15%	6.58%	-0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	6.21%	-1.21%

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 2.08%, less than QDIBX's 3.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JICDX John Hancock Funds II Core Bond Fund	2.08%	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	3.52%	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

Can I hold both JICDX and QDIBX in my portfolio?

JICDX and QDIBX have a correlation of 0.79, 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 QDIBX?

QDIBX has higher volatility (0.85%) compared to JICDX (0.69%). In terms of maximum drawdown, JICDX dropped -18.94% vs QDIBX's -19.63%.

Which has better risk-adjusted returns?

QDIBX currently has the higher Sharpe Ratio (0.70 vs 0.26), 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.