JIEMX vs. JHNBX
JIEMX (John Hancock Funds II Equity Income Fund) and JHNBX (John Hancock Bond Fund) are both mutual funds - JIEMX is a Dividend 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 1.89%/yr for JHNBX. Their -0.08 correlation means they have often moved in opposite directions in the past. Both charge a 0.76% expense ratio.
Performance
JIEMX vs. JHNBX - Performance Comparison
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Returns By Period
In the year-to-date period, JIEMX achieves a 17.10% return, which is significantly higher than JHNBX's -0.74% return. Over the past 10 years, JIEMX has outperformed JHNBX with an annualized return of 5.25%, while JHNBX has yielded a comparatively lower 1.89% annualized return.
JIEMX
- 1D
- 0.64%
- 1M
- 1.22%
- 6M
- 12.93%
- YTD
- 17.10%
- 1Y
- -17.92%
- 3Y*
- -0.49%
- 5Y*
- -0.24%
- 10Y*
- 5.25%
- ALL TIME*
- 5.39%
JHNBX
- 1D
- 0.08%
- 1M
- -1.33%
- 6M
- -1.15%
- YTD
- -0.74%
- 1Y
- 2.11%
- 3Y*
- 4.01%
- 5Y*
- -0.59%
- 10Y*
- 1.89%
- ALL TIME*
- 4.17%
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 |
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 | 17.10% | -26.66% | 11.75% | 9.49% | -11.75% | 25.29% | 1.07% | 26.44% | -9.78% | 15.46% |
JHNBX John Hancock Bond Fund | -0.74% | 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 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.03 |
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 0.34 (1 year), reflecting how their relationship changes across market environments.
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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 | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.14 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 1.00 | -1.56 |
| Martin ratioReturn relative to average drawdown | -0.82 | 2.55 | -3.37 |
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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.
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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% | -5.67% | -30.61% |
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 | -24.43% | -3.11% | -21.32% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -4.14% | -6.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.27% | +22.67% |
Volatility
JIEMX vs. JHNBX - Volatility Comparison
John Hancock Funds II Equity Income Fund (JIEMX) has a higher volatility of 2.99% compared to John Hancock Bond Fund (JHNBX) at 1.03%. 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.
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Volatility by Period
| JIEMX | JHNBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 1.03% | +1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 3.11% | +5.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 3.92% | +34.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 5.89% | +17.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 4.93% | +16.59% |
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 0.52%, less than JHNBX's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 4.20% | 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 | 0.52% | 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 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JIEMX has higher volatility (2.99%) compared to JHNBX (1.03%). In terms of maximum drawdown, JIEMX dropped -62.26% vs JHNBX's -24.74%.
JHNBX currently has the higher Sharpe Ratio (0.83 vs -0.54), 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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