PTY vs. JMABX
PTY (PIMCO Corporate & Income Opportunity Fund) and JMABX (John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio) are both Corporate Bonds funds. Over the past 5 years, PTY returned -0.17%/yr vs 1.00%/yr for JMABX. At a 0.26 correlation, their price movements are largely independent. PTY charges 1.19%/yr vs 0.00%/yr for JMABX.
Performance
PTY vs. JMABX - Performance Comparison
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Returns By Period
In the year-to-date period, PTY achieves a -3.45% return, which is significantly lower than JMABX's 0.38% return.
PTY
- 1D
- 0.60%
- 1M
- 0.76%
- YTD
- -3.45%
- 6M
- -2.62%
- 1Y
- -3.79%
- 3Y*
- 5.46%
- 5Y*
- -0.17%
- 10Y*
- 8.56%
JMABX
- 1D
- -0.23%
- 1M
- 0.46%
- YTD
- 0.38%
- 6M
- 0.96%
- 1Y
- 5.74%
- 3Y*
- 6.18%
- 5Y*
- 1.00%
- 10Y*
- —
PTY vs. JMABX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PTY PIMCO Corporate & Income Opportunity Fund | -3.45% | -0.51% | 19.87% | 22.56% | -18.71% | 0.40% | 3.24% | 6.45% |
JMABX John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio | 0.38% | 8.88% | 4.42% | 8.05% | -15.50% | 0.33% | 7.74% | 2.72% |
Correlation
The correlation between PTY and JMABX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2019 | 0.26 |
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Return for Risk
PTY vs. JMABX — Risk / Return Rank
PTY
JMABX
PTY vs. JMABX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Opportunity Fund (PTY) and John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio (JMABX). 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.
| PTY | JMABX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -3.04 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.32 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 2.08 | -2.33 |
| Martin ratioReturn relative to average drawdown | -0.47 | 7.26 | -7.73 |
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Drawdowns
PTY vs. JMABX - Drawdown Comparison
The maximum PTY drawdown since its inception was -60.86%, which is greater than JMABX's maximum drawdown of -21.48%. Use the drawdown chart below to compare losses from any high point for PTY and JMABX.
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Drawdown Indicators
| PTY | JMABX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.86% | -21.48% | -39.38% |
Max Drawdown (1Y)Largest decline over 1 year | -15.44% | -2.89% | -12.55% |
Max Drawdown (3Y)Largest decline over 3 years | -16.04% | -5.71% | -10.33% |
Max Drawdown (5Y)Largest decline over 5 years | -41.38% | -21.48% | -19.90% |
Max Drawdown (10Y)Largest decline over 10 years | -46.55% | — | — |
Current DrawdownCurrent decline from peak | -12.37% | -1.08% | -11.29% |
Average DrawdownAverage peak-to-trough decline | -8.62% | -6.14% | -2.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 0.83% | +7.28% |
Volatility
PTY vs. JMABX - Volatility Comparison
PIMCO Corporate & Income Opportunity Fund (PTY) has a higher volatility of 1.99% compared to John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio (JMABX) at 1.09%. This indicates that PTY's price experiences larger fluctuations and is considered to be riskier than JMABX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PTY | JMABX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 1.09% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 7.66% | 2.64% | +5.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.92% | 3.58% | +7.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 5.53% | +11.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.19% | 5.86% | +15.33% |
PTY vs. JMABX - Expense Ratio Comparison
PTY has a 1.19% expense ratio, which is higher than JMABX's 0.00% expense ratio.
Dividends
PTY vs. JMABX - Dividend Comparison
PTY's dividend yield for the trailing twelve months is around 12.12%, more than JMABX's 5.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMABX John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio | 5.64% | 5.59% | 5.26% | 3.59% | 3.28% | 3.99% | 2.74% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% |
PTY PIMCO Corporate & Income Opportunity Fund | 12.12% | 11.05% | 9.92% | 10.77% | 13.12% | 9.16% | 8.74% | 8.37% | 10.63% | 9.48% | 12.09% | 11.92% |
Frequently Asked Questions
PTY and JMABX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PTY has higher volatility (1.99%) compared to JMABX (1.09%). In terms of maximum drawdown, PTY dropped -60.86% vs JMABX's -21.48%.
JMABX currently has the higher Sharpe Ratio (1.68 vs -0.35), 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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