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JIPIX vs. JHNBX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JIPIX vs. JHNBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Strategic Income Opportunities Fund (JIPIX) and John Hancock Bond Fund (JHNBX). The values are adjusted to include any dividend payments, if applicable.

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JIPIX vs. JHNBX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JIPIX
John Hancock Funds Strategic Income Opportunities Fund
-0.64%7.50%2.23%6.45%-10.43%0.80%8.46%11.01%-5.09%5.44%
JHNBX
John Hancock Bond Fund
-0.65%7.36%1.97%6.24%-15.22%-0.68%10.31%10.09%-1.15%4.94%

Returns By Period

The year-to-date returns for both stocks are quite close, with JIPIX having a -0.64% return and JHNBX slightly lower at -0.65%. Over the past 10 years, JIPIX has outperformed JHNBX with an annualized return of 2.68%, while JHNBX has yielded a comparatively lower 2.26% annualized return.


JIPIX

1D
0.29%
1M
-2.11%
YTD
-0.64%
6M
0.21%
1Y
5.42%
3Y*
4.04%
5Y*
1.01%
10Y*
2.68%

JHNBX

1D
0.22%
1M
-2.03%
YTD
-0.65%
6M
0.09%
1Y
3.62%
3Y*
3.84%
5Y*
0.03%
10Y*
2.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JIPIX vs. JHNBX - Expense Ratio Comparison

Both JIPIX and JHNBX have an expense ratio of 0.76%.


Return for Risk

JIPIX vs. JHNBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JIPIX
JIPIX Risk / Return Rank: 8484
Overall Rank
JIPIX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
JIPIX Sortino Ratio Rank: 8888
Sortino Ratio Rank
JIPIX Omega Ratio Rank: 8686
Omega Ratio Rank
JIPIX Calmar Ratio Rank: 7979
Calmar Ratio Rank
JIPIX Martin Ratio Rank: 7878
Martin Ratio Rank

JHNBX
JHNBX Risk / Return Rank: 3939
Overall Rank
JHNBX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
JHNBX Sortino Ratio Rank: 3636
Sortino Ratio Rank
JHNBX Omega Ratio Rank: 2727
Omega Ratio Rank
JHNBX Calmar Ratio Rank: 5454
Calmar Ratio Rank
JHNBX Martin Ratio Rank: 3939
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JIPIX vs. JHNBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Strategic Income Opportunities Fund (JIPIX) 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.


JIPIXJHNBXDifference

Sharpe ratio

Return per unit of total volatility

1.83

0.89

+0.94

Sortino ratio

Return per unit of downside risk

2.55

1.25

+1.30

Omega ratio

Gain probability vs. loss probability

1.37

1.16

+0.22

Calmar ratio

Return relative to maximum drawdown

2.08

1.39

+0.69

Martin ratio

Return relative to average drawdown

8.53

4.28

+4.24

JIPIX vs. JHNBX - Sharpe Ratio Comparison

The current JIPIX Sharpe Ratio is 1.83, which is higher than the JHNBX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of JIPIX and JHNBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JIPIXJHNBXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.83

0.89

+0.94

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

0.00

+0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.65

0.46

+0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

1.03

0.75

+0.28

Correlation

The correlation between JIPIX and JHNBX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

JIPIX vs. JHNBX - Dividend Comparison

JIPIX's dividend yield for the trailing twelve months is around 3.52%, less than JHNBX's 3.96% yield.


TTM20252024202320222021202020192018201720162015
JIPIX
John Hancock Funds Strategic Income Opportunities Fund
3.52%3.73%2.59%2.23%3.77%2.87%2.03%2.72%3.71%3.14%2.54%6.91%
JHNBX
John Hancock Bond Fund
3.96%4.25%4.14%3.80%2.93%3.30%5.50%3.75%3.51%3.23%3.19%3.48%

Drawdowns

JIPIX vs. JHNBX - Drawdown Comparison

The maximum JIPIX drawdown since its inception was -15.43%, smaller than the maximum JHNBX drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for JIPIX and JHNBX.


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Drawdown Indicators


JIPIXJHNBXDifference

Max Drawdown

Largest peak-to-trough decline

-15.43%

-24.74%

+9.31%

Max Drawdown (1Y)

Largest decline over 1 year

-2.87%

-3.25%

+0.38%

Max Drawdown (5Y)

Largest decline over 5 years

-15.43%

-20.13%

+4.70%

Max Drawdown (10Y)

Largest decline over 10 years

-15.43%

-20.13%

+4.70%

Current Drawdown

Current decline from peak

-2.49%

-3.17%

+0.68%

Average Drawdown

Average peak-to-trough decline

-2.45%

-4.15%

+1.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.70%

1.05%

-0.35%

Volatility

JIPIX vs. JHNBX - Volatility Comparison

The current volatility for John Hancock Funds Strategic Income Opportunities Fund (JIPIX) is 1.40%, while John Hancock Bond Fund (JHNBX) has a volatility of 1.64%. This indicates that JIPIX experiences smaller price fluctuations and is considered to be less risky 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


JIPIXJHNBXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.40%

1.64%

-0.24%

Volatility (6M)

Calculated over the trailing 6-month period

1.95%

2.65%

-0.70%

Volatility (1Y)

Calculated over the trailing 1-year period

3.06%

4.48%

-1.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.10%

5.84%

-1.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.11%

4.89%

-0.78%