JIGMX vs. FEDUX
Compare and contrast key facts about John Hancock Investment Grade Bond Fund Class R4 (JIGMX) and Fidelity Education Income Fund (FEDUX).
JIGMX is managed by John Hancock. It was launched on Apr 27, 2015. FEDUX is managed by Fidelity. It was launched on Mar 16, 2021.
Performance
JIGMX vs. FEDUX - Performance Comparison
Loading graphics...
JIGMX vs. FEDUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JIGMX John Hancock Investment Grade Bond Fund Class R4 | -0.76% | 7.50% | 1.36% | 4.55% | -14.64% | 0.59% |
FEDUX Fidelity Education Income Fund | -0.29% | 6.40% | -0.29% | 1.62% | -8.38% | -1.27% |
Returns By Period
In the year-to-date period, JIGMX achieves a -0.76% return, which is significantly lower than FEDUX's -0.29% return.
JIGMX
- 1D
- 0.44%
- 1M
- -2.68%
- YTD
- -0.76%
- 6M
- 0.24%
- 1Y
- 3.74%
- 3Y*
- 3.03%
- 5Y*
- -0.36%
- 10Y*
- 1.69%
FEDUX
- 1D
- 0.22%
- 1M
- -1.40%
- YTD
- -0.29%
- 6M
- 0.82%
- 1Y
- 3.87%
- 3Y*
- 2.10%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JIGMX vs. FEDUX - Expense Ratio Comparison
JIGMX has a 0.64% expense ratio, which is higher than FEDUX's 0.00% expense ratio.
Return for Risk
JIGMX vs. FEDUX — Risk / Return Rank
JIGMX
FEDUX
JIGMX vs. FEDUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Investment Grade Bond Fund Class R4 (JIGMX) and Fidelity Education Income Fund (FEDUX). 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.
| JIGMX | FEDUX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 1.64 | -0.70 |
Sortino ratioReturn per unit of downside risk | 1.36 | 2.65 | -1.29 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.33 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.68 | -1.10 |
Martin ratioReturn relative to average drawdown | 4.54 | 9.90 | -5.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JIGMX | FEDUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 1.64 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | -0.19 | +0.57 |
Correlation
The correlation between JIGMX and FEDUX is 0.87, 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.
Dividends
JIGMX vs. FEDUX - Dividend Comparison
JIGMX's dividend yield for the trailing twelve months is around 3.81%, less than FEDUX's 4.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JIGMX John Hancock Investment Grade Bond Fund Class R4 | 3.81% | 4.10% | 3.82% | 2.43% | 2.57% | 2.34% | 4.61% | 2.92% | 2.92% | 2.77% | 2.83% |
FEDUX Fidelity Education Income Fund | 4.04% | 4.43% | 0.36% | 0.71% | 0.00% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JIGMX vs. FEDUX - Drawdown Comparison
The maximum JIGMX drawdown since its inception was -19.82%, which is greater than FEDUX's maximum drawdown of -12.00%. Use the drawdown chart below to compare losses from any high point for JIGMX and FEDUX.
Loading graphics...
Drawdown Indicators
| JIGMX | FEDUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.82% | -12.00% | -7.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -1.72% | -1.38% |
Max Drawdown (5Y)Largest decline over 5 years | -19.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -19.82% | — | — |
Current DrawdownCurrent decline from peak | -5.01% | -3.07% | -1.94% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -6.61% | +1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 0.47% | +0.61% |
Volatility
JIGMX vs. FEDUX - Volatility Comparison
John Hancock Investment Grade Bond Fund Class R4 (JIGMX) has a higher volatility of 1.60% compared to Fidelity Education Income Fund (FEDUX) at 0.80%. This indicates that JIGMX's price experiences larger fluctuations and is considered to be riskier than FEDUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JIGMX | FEDUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.60% | 0.80% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 2.68% | 1.67% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.59% | 2.69% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.01% | 3.14% | +2.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.95% | 3.14% | +1.81% |