RMBKX vs. FRBAX

Last updated Aug 1, 2026

RMBKX (RMB Mendon Financial Services Fund) and FRBAX (John Hancock Regional Bank Fund) are both Financials Equities funds. Over the past 10 years, RMBKX returned 11.37%/yr vs 10.81%/yr for FRBAX. Their correlation of 0.93 means they have usually moved in the same direction. RMBKX charges 1.27%/yr vs 1.22%/yr for FRBAX.

Performance

RMBKX vs. FRBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RMB Mendon Financial Services Fund (RMBKX) and John Hancock Regional Bank Fund (FRBAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RMBKX having a 20.12% return and FRBAX slightly lower at 19.26%. Both investments have delivered pretty close results over the past 10 years, with RMBKX having a 11.37% annualized return and FRBAX not far behind at 10.81%.

RMBKX

• 1D: -0.50%
• 1M: -0.14%
• 6M: 16.12%
• YTD: 20.12%
• 1Y: 43.23%
• 3Y*: 19.85%
• 5Y*: 9.64%
• 10Y*: 11.37%
• ALL TIME*: 12.68%

FRBAX

• 1D: -0.80%
• 1M: 1.61%
• 6M: 13.32%
• YTD: 19.26%
• 1Y: 35.29%
• 3Y*: 21.39%
• 5Y*: 9.70%
• 10Y*: 10.81%
• ALL TIME*: 10.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FRBAX John Hancock Regional Bank Fund	$0.00	$0.00	$0.00
RMBKX RMB Mendon Financial Services Fund	$0.00	$0.00	$0.00

RMBKX vs. FRBAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RMBKX RMB Mendon Financial Services Fund	20.12%	12.84%	17.07%	4.56%	-19.18%	56.40%	-5.73%	22.82%	-17.13%	12.17%
FRBAX John Hancock Regional Bank Fund	19.26%	11.07%	22.54%	-1.93%	-12.25%	40.51%	-10.11%	27.60%	-17.61%	10.32%

Correlation

The correlation between RMBKX and FRBAX is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.93

The correlation between RMBKX and FRBAX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

RMBKX vs. FRBAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RMBKX

RMBKX Risk / Return Rank: 83
RMBKX Sharpe Ratio Rank: 80
RMBKX Sortino Ratio Rank: 78
RMBKX Omega Ratio Rank: 75
RMBKX Calmar Ratio Rank: 94
RMBKX Martin Ratio Rank: 87

FRBAX

FRBAX Risk / Return Rank: 57
FRBAX Sharpe Ratio Rank: 60
FRBAX Sortino Ratio Rank: 58
FRBAX Omega Ratio Rank: 59
FRBAX Calmar Ratio Rank: 66
FRBAX Martin Ratio Rank: 41

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RMBKX vs. FRBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RMB Mendon Financial Services Fund (RMBKX) and John Hancock Regional Bank Fund (FRBAX). 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.

	RMBKX	FRBAX	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.46	+0.44
Sortino ratio: Return per unit of downside risk	2.68	2.08	+0.60
Omega ratio: Gain probability vs. loss probability	1.34	1.27	+0.07
Calmar ratio: Return relative to maximum drawdown	4.10	2.18	+1.91
Martin ratio: Return relative to average drawdown	11.27	5.91	+5.36

RMBKX vs. FRBAX - Sharpe Ratio Comparison

The current RMBKX Sharpe Ratio is 1.91, which is higher than the FRBAX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of RMBKX and FRBAX, 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

RMBKX vs. FRBAX - Drawdown Comparison

The maximum RMBKX drawdown since its inception was -55.45%, smaller than the maximum FRBAX drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for RMBKX and FRBAX.

Drawdown Indicators

	RMBKX	FRBAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-67.55%	+12.10%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-14.22%	+4.74%
Max Drawdown (3Y) Largest decline over 3 years	-24.98%	-25.26%	+0.28%
Max Drawdown (5Y) Largest decline over 5 years	-44.33%	-46.15%	+1.82%
Max Drawdown (10Y) Largest decline over 10 years	-55.45%	-52.24%	-3.21%
Current Drawdown Current decline from peak	-1.91%	-2.28%	+0.37%
Average Drawdown Average peak-to-trough decline	-10.97%	-12.24%	+1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	5.25%	-1.80%

Volatility

RMBKX vs. FRBAX - Volatility Comparison

RMB Mendon Financial Services Fund (RMBKX) and John Hancock Regional Bank Fund (FRBAX) have volatilities of 5.72% and 5.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMBKX	FRBAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	5.71%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	13.29%	14.39%	-1.10%
Volatility (1Y) Calculated over the trailing 1-year period	20.41%	21.25%	-0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.66%	26.31%	-1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.18%	29.25%	-2.07%

RMBKX vs. FRBAX - Expense Ratio Comparison

RMBKX has a 1.27% expense ratio, which is higher than FRBAX's 1.22% expense ratio.

Dividends

RMBKX vs. FRBAX - Dividend Comparison

RMBKX's dividend yield for the trailing twelve months is around 5.18%, less than FRBAX's 7.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRBAX John Hancock Regional Bank Fund	7.14%	8.82%	9.72%	2.65%	5.83%	5.26%	2.43%	1.75%	1.92%	1.76%	2.94%	4.42%
RMBKX RMB Mendon Financial Services Fund	5.18%	6.22%	1.90%	1.29%	17.29%	1.35%	0.00%	0.85%	5.39%	6.63%	1.50%	0.00%

Frequently Asked Questions

Can I hold both RMBKX and FRBAX in my portfolio?

With a correlation of 0.93, RMBKX and FRBAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RMBKX or FRBAX?

RMBKX has higher volatility (5.72%) compared to FRBAX (5.71%). In terms of maximum drawdown, RMBKX dropped -55.45% vs FRBAX's -67.55%.

Which has better risk-adjusted returns?

RMBKX currently has the higher Sharpe Ratio (1.91 vs 1.46), 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.