JICDX vs. WOBDX
Compare and contrast key facts about John Hancock Funds II Core Bond Fund (JICDX) and JPMorgan Core Bond Fund (WOBDX).
JICDX is managed by John Hancock. It was launched on Oct 14, 2005. WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JICDX or WOBDX.
Key characteristics
| JICDX | WOBDX | |
|---|---|---|
| YTD Return | 4.83% | 5.42% |
| 1Y Return | 10.44% | 10.87% |
| 3Y Return (Ann) | -1.81% | -1.04% |
| 5Y Return (Ann) | 0.40% | 0.90% |
| 10Y Return (Ann) | 1.69% | 2.11% |
| Sharpe Ratio | 1.60 | 1.69 |
| Daily Std Dev | 6.34% | 6.22% |
| Max Drawdown | -18.94% | -16.65% |
| Current Drawdown | -6.21% | -3.56% |
Correlation
The correlation between JICDX and WOBDX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JICDX vs. WOBDX - Performance Comparison
In the year-to-date period, JICDX achieves a 4.83% return, which is significantly lower than WOBDX's 5.42% return. Over the past 10 years, JICDX has underperformed WOBDX with an annualized return of 1.69%, while WOBDX has yielded a comparatively higher 2.11% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JICDX vs. WOBDX - Expense Ratio Comparison
JICDX has a 0.66% expense ratio, which is higher than WOBDX's 0.50% expense ratio.
Risk-Adjusted Performance
JICDX vs. WOBDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Core Bond Fund (JICDX) and JPMorgan Core Bond Fund (WOBDX). 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
JICDX vs. WOBDX - Dividend Comparison
JICDX's dividend yield for the trailing twelve months is around 3.87%, more than WOBDX's 3.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JICDX John Hancock Funds II Core Bond Fund | 3.87% | 3.66% | 2.34% | 1.74% | 6.47% | 3.38% | 2.69% | 2.03% | 3.00% | 1.72% | 1.79% | 2.51% |
WOBDX JPMorgan Core Bond Fund | 3.69% | 3.51% | 2.68% | 2.82% | 4.00% | 3.23% | 2.91% | 2.88% | 2.84% | 2.34% | 2.65% | 3.30% |
Drawdowns
JICDX vs. WOBDX - Drawdown Comparison
The maximum JICDX drawdown since its inception was -18.94%, which is greater than WOBDX's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for JICDX and WOBDX. For additional features, visit the drawdowns tool.
Volatility
JICDX vs. WOBDX - Volatility Comparison
The current volatility for John Hancock Funds II Core Bond Fund (JICDX) is 1.14%, while JPMorgan Core Bond Fund (WOBDX) has a volatility of 1.22%. This indicates that JICDX experiences smaller price fluctuations and is considered to be less risky than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.