JIGDX vs. FGBRX
JIGDX (John Hancock Opportunistic Fixed Income Fund) and FGBRX (Templeton Global Bond Fund - Class R) are both Global Bonds funds. Over the past 10 years, JIGDX returned 1.69%/yr vs 0.05%/yr for FGBRX. Their 0.05 correlation means their historical movements had little consistent relationship. JIGDX charges 0.85%/yr vs 1.24%/yr for FGBRX.
Performance
JIGDX vs. FGBRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JIGDX achieves a -0.05% return, which is significantly lower than FGBRX's 2.94% return. Over the past 10 years, JIGDX has outperformed FGBRX with an annualized return of 1.69%, while FGBRX has yielded a comparatively lower 0.05% annualized return.
JIGDX
- 1D
- -0.08%
- 1M
- -0.65%
- 6M
- -0.29%
- YTD
- -0.05%
- 1Y
- 2.30%
- 3Y*
- 4.05%
- 5Y*
- 0.49%
- 10Y*
- 1.69%
- ALL TIME*
- 3.33%
FGBRX
- 1D
- 0.00%
- 1M
- 1.31%
- 6M
- 0.26%
- YTD
- 2.94%
- 1Y
- 6.18%
- 3Y*
- 2.07%
- 5Y*
- -0.51%
- 10Y*
- 0.05%
- ALL TIME*
- 1.70%
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 |
JIGDX vs. FGBRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JIGDX John Hancock Opportunistic Fixed Income Fund | -0.05% | 8.33% | 0.42% | 8.15% | -10.84% | -1.89% | 11.65% | 6.77% | -1.71% | 8.54% |
FGBRX Templeton Global Bond Fund - Class R | 2.94% | 14.81% | -12.18% | 2.18% | -6.40% | -5.30% | -4.65% | 0.38% | 1.01% | 2.10% |
Correlation
The correlation between JIGDX and FGBRX is 0.60, 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. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2009 | 0.05 |
Over the past year, JIGDX and FGBRX have become more correlated (0.60) than their long-term average of 0.05, meaning their price movements have been converging.
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
JIGDX vs. FGBRX — Risk / Return Rank
JIGDX
FGBRX
JIGDX vs. FGBRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Opportunistic Fixed Income Fund (JIGDX) and Templeton Global Bond Fund - Class R (FGBRX). 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.
| JIGDX | FGBRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.19 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 1.14 | -0.34 |
| Martin ratioReturn relative to average drawdown | 2.14 | 3.22 | -1.08 |
Loading charts...
Drawdowns
JIGDX vs. FGBRX - Drawdown Comparison
The maximum JIGDX drawdown since its inception was -20.55%, smaller than the maximum FGBRX drawdown of -27.46%. Use the drawdown chart below to compare losses from any high point for JIGDX and FGBRX.
Loading charts...
Drawdown Indicators
| JIGDX | FGBRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.55% | -27.46% | +6.91% |
Max Drawdown (1Y)Largest decline over 1 year | -3.51% | -6.38% | +2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -4.49% | -13.09% | +8.60% |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | -18.54% | -0.69% |
Max Drawdown (10Y)Largest decline over 10 years | -19.23% | -27.46% | +8.23% |
Current DrawdownCurrent decline from peak | -1.64% | -13.74% | +12.10% |
Average DrawdownAverage peak-to-trough decline | -4.29% | -8.42% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 2.25% | -1.06% |
Volatility
JIGDX vs. FGBRX - Volatility Comparison
The current volatility for John Hancock Opportunistic Fixed Income Fund (JIGDX) is 0.96%, while Templeton Global Bond Fund - Class R (FGBRX) has a volatility of 1.93%. This indicates that JIGDX experiences smaller price fluctuations and is considered to be less risky than FGBRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JIGDX | FGBRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 1.93% | -0.97% |
Volatility (6M)Calculated over the trailing 6-month period | 3.29% | 6.10% | -2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 7.30% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.14% | 8.18% | -3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.96% | 7.15% | -2.19% |
JIGDX vs. FGBRX - Expense Ratio Comparison
JIGDX has a 0.85% expense ratio, which is lower than FGBRX's 1.24% expense ratio.
Dividends
JIGDX vs. FGBRX - Dividend Comparison
JIGDX's dividend yield for the trailing twelve months is around 2.14%, less than FGBRX's 4.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGBRX Templeton Global Bond Fund - Class R | 4.74% | 4.10% | 5.49% | 3.61% | 4.92% | 5.11% | 4.34% | 5.86% | 6.27% | 3.08% | 2.10% | 2.85% |
JIGDX John Hancock Opportunistic Fixed Income Fund | 2.14% | 3.38% | 2.32% | 0.40% | 5.52% | 1.24% | 5.15% | 3.58% | 1.36% | 0.00% | 0.37% | 0.02% |
Frequently Asked Questions
JIGDX and FGBRX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FGBRX has higher volatility (1.93%) compared to JIGDX (0.96%). In terms of maximum drawdown, JIGDX dropped -20.55% vs FGBRX's -27.46%.
FGBRX currently has the higher Sharpe Ratio (1.00 vs 0.65), 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 JIGDX and FGBRX
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