JSNIX vs. DLSNX
JSNIX (JHancock Short Duration Bond Fund) and DLSNX (DoubleLine Low Duration Bond Fund Class N) are both Short-Term Bond funds. Over the past 5 years, JSNIX returned 2.27%/yr vs 2.89%/yr for DLSNX. Their 0.61 correlation means they have sometimes moved together and sometimes differently. JSNIX charges 0.40%/yr vs 0.70%/yr for DLSNX.
Performance
JSNIX vs. DLSNX - Performance Comparison
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Returns By Period
In the year-to-date period, JSNIX achieves a 0.95% return, which is significantly lower than DLSNX's 1.01% return.
JSNIX
- 1D
- 0.11%
- 1M
- -0.22%
- 6M
- 0.65%
- YTD
- 0.95%
- 1Y
- 3.00%
- 3Y*
- 4.66%
- 5Y*
- 2.27%
- 10Y*
- —
- ALL TIME*
- 2.54%
DLSNX
- 1D
- 0.10%
- 1M
- -0.21%
- 6M
- 0.69%
- YTD
- 1.01%
- 1Y
- 2.98%
- 3Y*
- 4.90%
- 5Y*
- 2.89%
- 10Y*
- 2.53%
- ALL TIME*
- 2.38%
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 |
JSNIX vs. DLSNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JSNIX JHancock Short Duration Bond Fund | 0.95% | 5.97% | 4.61% | 4.80% | -4.46% | 0.78% | 4.22% | 1.41% |
DLSNX DoubleLine Low Duration Bond Fund Class N | 1.01% | 5.49% | 5.06% | 6.50% | -3.04% | 0.56% | 1.76% | 1.14% |
Correlation
The correlation between JSNIX and DLSNX 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. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2019 | 0.61 |
The correlation between JSNIX and DLSNX has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.
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Return for Risk
JSNIX vs. DLSNX — Risk / Return Rank
JSNIX
DLSNX
JSNIX vs. DLSNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JHancock Short Duration Bond Fund (JSNIX) and DoubleLine Low Duration Bond Fund Class N (DLSNX). 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.
| JSNIX | DLSNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.59 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 4.13 | -1.87 |
| Martin ratioReturn relative to average drawdown | 9.35 | 18.74 | -9.39 |
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Drawdowns
JSNIX vs. DLSNX - Drawdown Comparison
The maximum JSNIX drawdown since its inception was -7.23%, roughly equal to the maximum DLSNX drawdown of -7.46%. Use the drawdown chart below to compare losses from any high point for JSNIX and DLSNX.
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Drawdown Indicators
| JSNIX | DLSNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.23% | -7.46% | +0.23% |
Max Drawdown (1Y)Largest decline over 1 year | -1.38% | -0.72% | -0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -1.38% | -0.72% | -0.66% |
Max Drawdown (5Y)Largest decline over 5 years | -7.01% | -4.91% | -2.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -7.46% | — |
Current DrawdownCurrent decline from peak | -0.22% | -0.31% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -1.28% | -0.41% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.33% | 0.16% | +0.17% |
Volatility
JSNIX vs. DLSNX - Volatility Comparison
The current volatility for JHancock Short Duration Bond Fund (JSNIX) is 0.31%, while DoubleLine Low Duration Bond Fund Class N (DLSNX) has a volatility of 0.56%. This indicates that JSNIX experiences smaller price fluctuations and is considered to be less risky than DLSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JSNIX | DLSNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.31% | 0.56% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 1.44% | 1.03% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.93% | 1.25% | +0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.29% | 1.44% | +0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.37% | 1.58% | +0.79% |
JSNIX vs. DLSNX - Expense Ratio Comparison
JSNIX has a 0.40% expense ratio, which is lower than DLSNX's 0.70% expense ratio.
Dividends
JSNIX vs. DLSNX - Dividend Comparison
JSNIX's dividend yield for the trailing twelve months is around 4.49%, more than DLSNX's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLSNX DoubleLine Low Duration Bond Fund Class N | 3.91% | 4.40% | 4.85% | 4.25% | 2.24% | 1.47% | 2.12% | 2.96% | 2.67% | 2.18% | 2.27% | 2.22% |
JSNIX JHancock Short Duration Bond Fund | 4.49% | 4.92% | 4.17% | 3.46% | 3.03% | 2.49% | 2.99% | 1.60% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JSNIX and DLSNX 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.
DLSNX has higher volatility (0.56%) compared to JSNIX (0.31%). In terms of maximum drawdown, JSNIX dropped -7.23% vs DLSNX's -7.46%.
DLSNX currently has the higher Sharpe Ratio (2.39 vs 1.63), 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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