SYSB vs. JHMB
SYSB (iShares Systematic Bond ETF) and JHMB (John Hancock Mortgage Backed Securities ETF) are both Intermediate Core-Plus Bond funds. SYSB is passively managed, while JHMB is actively managed. Over the past 3 years, SYSB returned 6.36%/yr vs 5.17%/yr for JHMB. Their 0.60 correlation means they have sometimes moved together and sometimes differently. SYSB charges 0.25%/yr vs 0.39%/yr for JHMB.
Performance
SYSB vs. JHMB - Performance Comparison
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Returns By Period
In the year-to-date period, SYSB achieves a -0.64% return, which is significantly lower than JHMB's -0.24% return.
SYSB
- 1D
- -0.22%
- 1M
- -1.31%
- 6M
- -0.94%
- YTD
- -0.64%
- 1Y
- 2.56%
- 3Y*
- 6.36%
- 5Y*
- 1.13%
- 10Y*
- 2.10%
- ALL TIME*
- 2.28%
JHMB
- 1D
- -0.37%
- 1M
- -1.26%
- 6M
- -0.69%
- YTD
- -0.24%
- 1Y
- 3.53%
- 3Y*
- 5.17%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $682.94K | $785.88K | $842.54K | |
| $4.79M | $5.34M | $7.44M |
SYSB vs. JHMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SYSB iShares Systematic Bond ETF | -0.64% | 8.32% | 6.04% | 8.22% | -13.57% | -0.47% |
JHMB John Hancock Mortgage Backed Securities ETF | -0.24% | 7.89% | 3.52% | 7.21% | -10.24% | -0.88% |
Correlation
The correlation between SYSB and JHMB is 0.86, 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. | 0.86 |
Correlation (3Y) Balances recent behavior with more history. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2021 | 0.60 |
Over the past year, SYSB and JHMB have become more correlated (0.86) than their long-term average of 0.60, meaning their price movements have been converging.
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Return for Risk
SYSB vs. JHMB — Risk / Return Rank
SYSB
JHMB
SYSB vs. JHMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Systematic Bond ETF (SYSB) and John Hancock Mortgage Backed Securities ETF (JHMB). 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.
| SYSB | JHMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.19 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.38 | -0.33 |
| Martin ratioReturn relative to average drawdown | 2.61 | 3.42 | -0.81 |
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Drawdowns
SYSB vs. JHMB - Drawdown Comparison
The maximum SYSB drawdown since its inception was -18.47%, which is greater than JHMB's maximum drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for SYSB and JHMB.
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Drawdown Indicators
| SYSB | JHMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.47% | -14.53% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -2.99% | -3.01% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -2.99% | -5.42% | +2.43% |
Max Drawdown (5Y)Largest decline over 5 years | -18.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -18.47% | — | — |
Current DrawdownCurrent decline from peak | -2.47% | -2.43% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -4.72% | +1.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 1.21% | -0.02% |
Volatility
SYSB vs. JHMB - Volatility Comparison
iShares Systematic Bond ETF (SYSB) and John Hancock Mortgage Backed Securities ETF (JHMB) have volatilities of 1.06% and 1.02%, 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.
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Volatility by Period
| SYSB | JHMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 1.02% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.18% | 2.87% | +0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.06% | 3.80% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.66% | 5.75% | -0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 5.75% | -0.82% |
SYSB vs. JHMB - Expense Ratio Comparison
SYSB has a 0.25% expense ratio, which is lower than JHMB's 0.39% expense ratio.
Dividends
SYSB vs. JHMB - Dividend Comparison
SYSB's dividend yield for the trailing twelve months is around 4.61%, less than JHMB's 4.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHMB John Hancock Mortgage Backed Securities ETF | 4.86% | 4.48% | 4.88% | 4.04% | 4.17% | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SYSB iShares Systematic Bond ETF | 4.21% | 4.78% | 5.04% | 4.44% | 3.27% | 1.92% | 2.57% | 3.27% | 3.61% | 2.74% | 2.92% | 2.26% |
Frequently Asked Questions
SYSB and JHMB have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SYSB has higher volatility (1.06%) compared to JHMB (1.02%). In terms of maximum drawdown, SYSB dropped -18.47% vs JHMB's -14.53%.
On 3-year performance, SYSB leads with 6.36% vs 5.17% for JHMB. On fees, SYSB is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SYSB has performed better with a 6.36% return vs 5.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SYSB is cheaper with a 0.25% expense ratio, compared with 0.39% for JHMB.
JHMB has the higher dividend yield at 4.86%, compared with 4.21% for SYSB.
They also come from different issuers: iShares and John Hancock. Their fees differ too: 0.25% for SYSB and 0.39% for JHMB.
JHMB currently has the higher Sharpe Ratio (1.09 vs 0.77), 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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