JIEMX vs. JHNBX
JIEMX (John Hancock Funds II Equity Income Fund) and JHNBX (John Hancock Bond Fund) are both mutual funds - JIEMX is a Large Cap Value Equities fund managed by John Hancock, while JHNBX is a Intermediate Core-Plus Bond fund managed by John Hancock. Over the past 10 years, JIEMX returned 5.25%/yr vs 2.10%/yr for JHNBX. At a correlation of -0.08, they often move in opposite directions. Both charge a 0.76% expense ratio.
Performance
JIEMX vs. JHNBX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JIEMX achieves a 14.14% return, which is significantly higher than JHNBX's 0.52% return. Over the past 10 years, JIEMX has outperformed JHNBX with an annualized return of 5.25%, while JHNBX has yielded a comparatively lower 2.10% annualized return.
JIEMX
- 1D
- 0.33%
- 1M
- 2.19%
- 6M
- 14.14%
- YTD
- 14.14%
- 1Y
- -21.47%
- 3Y*
- 0.00%
- 5Y*
- -1.03%
- 10Y*
- 5.25%
JHNBX
- 1D
- -0.22%
- 1M
- 0.13%
- 6M
- 0.52%
- YTD
- 0.52%
- 1Y
- 4.08%
- 3Y*
- 4.49%
- 5Y*
- -0.13%
- 10Y*
- 2.10%
JIEMX vs. JHNBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JIEMX John Hancock Funds II Equity Income Fund | 14.14% | -26.66% | 11.75% | 9.49% | -11.75% | 25.29% | 1.07% | 26.44% | -9.78% | 15.46% |
JHNBX John Hancock Bond Fund | 0.52% | 7.53% | 1.97% | 6.24% | -15.22% | -0.68% | 10.31% | 10.09% | -1.15% | 4.94% |
Correlation
The correlation between JIEMX and JHNBX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005 | -0.08 |
The correlation between JIEMX and JHNBX shifts across timeframes, from -0.08 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JIEMX vs. JHNBX — Risk / Return Rank
JIEMX
JHNBX
JIEMX vs. JHNBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and John Hancock Bond Fund (JHNBX). 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.
| JIEMX | JHNBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.95 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.17 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | 1.21 | -1.86 |
| Martin ratioReturn relative to average drawdown | -0.98 | 3.46 | -4.44 |
Loading charts...
Drawdowns
JIEMX vs. JHNBX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than JHNBX's maximum drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for JIEMX and JHNBX.
Loading charts...
Drawdown Indicators
| JIEMX | JHNBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -24.74% | -37.52% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -3.25% | -33.03% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -6.69% | -29.59% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -20.13% | -16.15% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -20.13% | -19.63% |
Current DrawdownCurrent decline from peak | -26.34% | -1.87% | -24.47% |
Average DrawdownAverage peak-to-trough decline | -10.96% | -4.14% | -6.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.87% | 1.14% | +21.73% |
Volatility
JIEMX vs. JHNBX - Volatility Comparison
John Hancock Funds II Equity Income Fund (JIEMX) has a higher volatility of 3.74% compared to John Hancock Bond Fund (JHNBX) at 1.19%. This indicates that JIEMX's price experiences larger fluctuations and is considered to be riskier than JHNBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JIEMX | JHNBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 1.19% | +2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 8.41% | 3.05% | +5.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.44% | 3.91% | +34.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.97% | 5.88% | +17.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 4.92% | +16.60% |
JIEMX vs. JHNBX - Expense Ratio Comparison
Both JIEMX and JHNBX have an expense ratio of 0.76%.
Dividends
JIEMX vs. JHNBX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.54%, less than JHNBX's 4.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 4.49% | 4.41% | 4.14% | 3.80% | 2.93% | 3.30% | 5.50% | 3.75% | 3.51% | 3.23% | 3.19% | 3.48% |
JIEMX John Hancock Funds II Equity Income Fund | 0.54% | 1.75% | 11.35% | 7.98% | 2.09% | 9.34% | 2.59% | 8.25% | 13.73% | 8.43% | 3.73% | 11.26% |
Frequently Asked Questions
JIEMX and JHNBX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JIEMX has higher volatility (3.74%) compared to JHNBX (1.19%). In terms of maximum drawdown, JIEMX dropped -62.26% vs JHNBX's -24.74%.
JHNBX currently has the higher Sharpe Ratio (1.01 vs -0.61), 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.
Find the right allocation for JIEMX and JHNBX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer