JLMRX vs. JHNBX

Last updated Jun 23, 2026

JLMRX (John Hancock Funds Multi-Index Lifestyle Moderate Portfolio) and JHNBX (John Hancock Bond Fund) are both mutual funds - JLMRX is a Diversified Portfolio fund managed by John Hancock, while JHNBX is a Intermediate Core-Plus Bond fund managed by John Hancock. Over the past 10 years, JLMRX returned 6.06%/yr vs 2.21%/yr for JHNBX. At a 0.32 correlation, their price movements are largely independent. JLMRX charges 0.45%/yr vs 0.76%/yr for JHNBX.

Performance

JLMRX vs. JHNBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Multi-Index Lifestyle Moderate Portfolio (JLMRX) and John Hancock Bond Fund (JHNBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JLMRX achieves a 5.85% return, which is significantly higher than JHNBX's 0.47% return. Over the past 10 years, JLMRX has outperformed JHNBX with an annualized return of 6.06%, while JHNBX has yielded a comparatively lower 2.21% annualized return.

JLMRX

• 1D: 0.57%
• 1M: 1.23%
• YTD: 5.85%
• 6M: 5.80%
• 1Y: 14.00%
• 3Y*: 10.20%
• 5Y*: 4.81%
• 10Y*: 6.06%

JHNBX

• 1D: 0.30%
• 1M: 1.02%
• YTD: 0.47%
• 6M: 0.98%
• 1Y: 5.32%
• 3Y*: 4.51%
• 5Y*: -0.08%
• 10Y*: 2.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JLMRX vs. JHNBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JLMRX John Hancock Funds Multi-Index Lifestyle Moderate Portfolio	5.85%	11.91%	7.45%	11.20%	-13.79%	7.42%	10.21%	16.25%	-3.93%	8.36%
JHNBX John Hancock Bond Fund	0.47%	7.53%	1.97%	6.24%	-15.22%	-0.68%	10.31%	10.09%	-1.15%	4.94%

Correlation

The correlation between JLMRX and JHNBX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.32

Over the past year, JLMRX and JHNBX have become more correlated (0.58) than their long-term average of 0.32, meaning their price movements have been converging.

Return for Risk

JLMRX vs. JHNBX — Risk / Return Rank

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

JLMRX

JLMRX Risk / Return Rank: 70
JLMRX Sharpe Ratio Rank: 70
JLMRX Sortino Ratio Rank: 71
JLMRX Omega Ratio Rank: 73
JLMRX Calmar Ratio Rank: 63
JLMRX Martin Ratio Rank: 71

JHNBX

JHNBX Risk / Return Rank: 24
JHNBX Sharpe Ratio Rank: 27
JHNBX Sortino Ratio Rank: 27
JHNBX Omega Ratio Rank: 24
JHNBX Calmar Ratio Rank: 23
JHNBX Martin Ratio Rank: 21

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.

JLMRX vs. JHNBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index Lifestyle Moderate Portfolio (JLMRX) 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.

	JLMRX	JHNBX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	1.37	+0.87
Sortino ratio: Return per unit of downside risk	3.20	2.03	+1.17
Omega ratio: Gain probability vs. loss probability	1.43	1.24	+0.19
Calmar ratio: Return relative to maximum drawdown	2.92	1.67	+1.25
Martin ratio: Return relative to average drawdown	12.75	4.84	+7.92

JLMRX vs. JHNBX - Sharpe Ratio Comparison

The current JLMRX Sharpe Ratio is 2.24, which is higher than the JHNBX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of JLMRX and JHNBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JLMRX vs. JHNBX - Drawdown Comparison

The maximum JLMRX drawdown since its inception was -20.60%, smaller than the maximum JHNBX drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for JLMRX and JHNBX.

Drawdown Indicators

	JLMRX	JHNBX	Difference
Max Drawdown Largest peak-to-trough decline	-20.60%	-24.74%	+4.14%
Max Drawdown (1Y) Largest decline over 1 year	-4.79%	-3.25%	-1.54%
Max Drawdown (3Y) Largest decline over 3 years	-7.31%	-6.69%	-0.62%
Max Drawdown (5Y) Largest decline over 5 years	-19.46%	-20.13%	+0.67%
Max Drawdown (10Y) Largest decline over 10 years	-20.60%	-20.13%	-0.47%
Current Drawdown Current decline from peak	-0.16%	-1.92%	+1.76%
Average Drawdown Average peak-to-trough decline	-3.01%	-4.14%	+1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	1.12%	-0.03%

Volatility

JLMRX vs. JHNBX - Volatility Comparison

John Hancock Funds Multi-Index Lifestyle Moderate Portfolio (JLMRX) has a higher volatility of 2.54% compared to John Hancock Bond Fund (JHNBX) at 1.27%. This indicates that JLMRX'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.

Volatility by Period

	JLMRX	JHNBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.54%	1.27%	+1.27%
Volatility (6M) Calculated over the trailing 6-month period	5.19%	3.02%	+2.17%
Volatility (1Y) Calculated over the trailing 1-year period	6.23%	3.95%	+2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.29%	5.88%	+2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.55%	4.92%	+3.63%

JLMRX vs. JHNBX - Expense Ratio Comparison

JLMRX has a 0.45% expense ratio, which is lower than JHNBX's 0.76% expense ratio.

Dividends

JLMRX vs. JHNBX - Dividend Comparison

JLMRX's dividend yield for the trailing twelve months is around 2.90%, less than JHNBX's 4.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHNBX John Hancock Bond Fund	4.47%	4.41%	4.14%	3.80%	2.93%	3.30%	5.50%	3.75%	3.51%	3.23%	3.19%	3.48%
JLMRX John Hancock Funds Multi-Index Lifestyle Moderate Portfolio	2.90%	3.13%	3.06%	3.05%	6.73%	5.05%	4.11%	5.53%	6.16%	2.18%	2.98%	2.41%

Frequently Asked Questions

Can I hold both JLMRX and JHNBX in my portfolio?

JLMRX and JHNBX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JLMRX or JHNBX?

JLMRX has higher volatility (2.54%) compared to JHNBX (1.27%). In terms of maximum drawdown, JLMRX dropped -20.60% vs JHNBX's -24.74%.

Which has better risk-adjusted returns?

JLMRX currently has the higher Sharpe Ratio (2.24 vs 1.37), 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.