JICDX vs. WOBDX
JICDX (John Hancock Funds II Core Bond Fund) and WOBDX (JPMorgan Core Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, JICDX returned 1.01%/yr vs 1.68%/yr for WOBDX. Their correlation of 0.93 means they have usually moved in the same direction. JICDX charges 0.66%/yr vs 0.50%/yr for WOBDX.
Performance
JICDX vs. WOBDX - Performance Comparison
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Returns By Period
In the year-to-date period, JICDX achieves a -0.77% return, which is significantly lower than WOBDX's -0.41% return. Over the past 10 years, JICDX has underperformed WOBDX with an annualized return of 1.01%, while WOBDX has yielded a comparatively higher 1.68% annualized return.
JICDX
- 1D
- 0.00%
- 1M
- -0.55%
- 6M
- -0.95%
- YTD
- -0.77%
- 1Y
- 1.04%
- 3Y*
- 3.19%
- 5Y*
- -0.88%
- 10Y*
- 1.01%
- ALL TIME*
- 3.05%
WOBDX
- 1D
- 0.00%
- 1M
- -1.01%
- 6M
- -0.74%
- YTD
- -0.41%
- 1Y
- 1.94%
- 3Y*
- 4.02%
- 5Y*
- 0.00%
- 10Y*
- 1.68%
- ALL TIME*
- 4.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JICDX vs. WOBDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JICDX John Hancock Funds II Core Bond Fund | -0.77% | 5.57% | 1.42% | 5.77% | -13.68% | -2.01% | 8.40% | 8.21% | -0.54% | 3.24% |
WOBDX JPMorgan Core Bond Fund | -0.41% | 7.38% | 1.97% | 5.79% | -12.35% | -1.11% | 8.13% | 8.34% | 0.20% | 3.81% |
Correlation
The correlation between JICDX and WOBDX is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005 | 0.93 |
The correlation between JICDX and WOBDX has been stable across timeframes, ranging from 0.87 to 0.95 - a consistent structural relationship.
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Return for Risk
JICDX vs. WOBDX — Risk / Return Rank
JICDX
WOBDX
JICDX vs. WOBDX - Risk-Adjusted Trends 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.
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 | WOBDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.13 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 0.99 | -0.66 |
| Martin ratioReturn relative to average drawdown | 0.70 | 2.39 | -1.70 |
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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.
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Drawdown Indicators
| JICDX | WOBDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -16.65% | -2.29% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -2.99% | -0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -5.17% | -4.77% | -0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -18.61% | -16.65% | -1.96% |
Max Drawdown (10Y)Largest decline over 10 years | -18.94% | -16.65% | -2.29% |
Current DrawdownCurrent decline from peak | -4.94% | -2.45% | -2.49% |
Average DrawdownAverage peak-to-trough decline | -2.95% | -1.90% | -1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 1.23% | +0.35% |
Volatility
JICDX vs. WOBDX - Volatility Comparison
The current volatility for John Hancock Funds II Core Bond Fund (JICDX) is 0.74%, while JPMorgan Core Bond Fund (WOBDX) has a volatility of 0.95%. 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.
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Volatility by Period
| JICDX | WOBDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 0.95% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 3.03% | 2.92% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.38% | 3.79% | +0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.15% | 5.71% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 4.71% | +0.29% |
JICDX vs. WOBDX - Expense Ratio Comparison
JICDX has a 0.66% expense ratio, which is higher than WOBDX's 0.50% expense ratio.
Dividends
JICDX vs. WOBDX - Dividend Comparison
JICDX's dividend yield for the trailing twelve months is around 2.08%, less than WOBDX's 4.17% 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% |
WOBDX JPMorgan Core Bond Fund | 4.17% | 3.97% | 3.95% | 3.51% | 2.68% | 2.82% | 4.00% | 3.23% | 2.91% | 2.88% | 2.84% | 2.54% |
Frequently Asked Questions
JICDX and WOBDX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WOBDX has higher volatility (0.95%) compared to JICDX (0.74%). In terms of maximum drawdown, JICDX dropped -18.94% vs WOBDX's -16.65%.
WOBDX currently has the higher Sharpe Ratio (0.78 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.
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