TAUSX vs. QDIBX

Last updated Jun 4, 2026

TAUSX (John Hancock Investment Grade Bond Fund) and QDIBX (Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans) are both Intermediate Core Bond funds. Over the past 5 years, TAUSX returned -0.45%/yr vs 0.19%/yr for QDIBX. Their correlation of 0.90 suggests significant overlap in exposure. TAUSX charges 0.74%/yr vs 0.03%/yr for QDIBX.

Performance

TAUSX vs. QDIBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Investment Grade Bond Fund (TAUSX) and Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TAUSX achieves a 0.20% return, which is significantly higher than QDIBX's -0.11% return.

TAUSX

• 1D: 0.11%
• 1M: 0.55%
• YTD: 0.20%
• 6M: 0.12%
• 1Y: 5.49%
• 3Y*: 3.57%
• 5Y*: -0.45%
• 10Y*: 1.56%

QDIBX

• 1D: 0.00%
• 1M: 0.22%
• YTD: -0.11%
• 6M: -0.20%
• 1Y: 4.79%
• 3Y*: 4.40%
• 5Y*: 0.19%
• 10Y*: —

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

TAUSX vs. QDIBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TAUSX John Hancock Investment Grade Bond Fund	0.20%	7.38%	0.94%	4.76%	-14.69%	-1.49%	9.52%	0.02%
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans	-0.11%	7.72%	1.66%	6.71%	-14.11%	-0.17%	6.77%	-0.10%

Correlation

The correlation between TAUSX and QDIBX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 16, 2019	0.90

The correlation between TAUSX and QDIBX has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.

Return for Risk

TAUSX vs. QDIBX — Risk / Return Rank

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

TAUSX

TAUSX Risk / Return Rank: 21
TAUSX Sharpe Ratio Rank: 22
TAUSX Sortino Ratio Rank: 23
TAUSX Omega Ratio Rank: 21
TAUSX Calmar Ratio Rank: 21
TAUSX Martin Ratio Rank: 19

QDIBX

QDIBX Risk / Return Rank: 19
QDIBX Sharpe Ratio Rank: 19
QDIBX Sortino Ratio Rank: 20
QDIBX Omega Ratio Rank: 19
QDIBX Calmar Ratio Rank: 20
QDIBX Martin Ratio Rank: 18

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.

TAUSX vs. QDIBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Investment Grade Bond Fund (TAUSX) and Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX). 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.

	TAUSX	QDIBX	Difference
Sharpe ratio: Return per unit of total volatility	1.35	1.26	+0.09
Sortino ratio: Return per unit of downside risk	2.00	1.88	+0.12
Omega ratio: Gain probability vs. loss probability	1.24	1.23	+0.02
Calmar ratio: Return relative to maximum drawdown	1.71	1.62	+0.09
Martin ratio: Return relative to average drawdown	5.10	4.93	+0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TAUSX vs. QDIBX - Sharpe Ratio Comparison

The current TAUSX Sharpe Ratio is 1.35, which is comparable to the QDIBX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of TAUSX and QDIBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TAUSX	QDIBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	1.26	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	0.03	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.02	0.16	+0.86

Drawdowns

TAUSX vs. QDIBX - Drawdown Comparison

The maximum TAUSX drawdown since its inception was -19.90%, roughly equal to the maximum QDIBX drawdown of -19.63%. Use the drawdown chart below to compare losses from any high point for TAUSX and QDIBX.

Drawdown Indicators

	TAUSX	QDIBX	Difference
Max Drawdown Largest peak-to-trough decline	-19.90%	-19.63%	-0.27%
Max Drawdown (1Y) Largest decline over 1 year	-3.23%	-2.97%	-0.26%
Max Drawdown (3Y) Largest decline over 3 years	-7.29%	-5.37%	-1.92%
Max Drawdown (5Y) Largest decline over 5 years	-19.90%	-19.63%	-0.27%
Max Drawdown (10Y) Largest decline over 10 years	-19.90%	—	—
Current Drawdown Current decline from peak	-4.40%	-1.87%	-2.53%
Average Drawdown Average peak-to-trough decline	-2.37%	-6.39%	+4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	0.97%	+0.11%

Volatility

TAUSX vs. QDIBX - Volatility Comparison

John Hancock Investment Grade Bond Fund (TAUSX) has a higher volatility of 1.50% compared to Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) at 1.32%. This indicates that TAUSX's price experiences larger fluctuations and is considered to be riskier than QDIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TAUSX	QDIBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.50%	1.32%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	3.02%	2.62%	+0.40%
Volatility (1Y) Calculated over the trailing 1-year period	4.09%	3.82%	+0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.06%	6.59%	-0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	6.26%	-1.26%

TAUSX vs. QDIBX - Expense Ratio Comparison

TAUSX has a 0.74% expense ratio, which is higher than QDIBX's 0.03% expense ratio.

Dividends

TAUSX vs. QDIBX - Dividend Comparison

TAUSX's dividend yield for the trailing twelve months is around 4.05%, more than QDIBX's 3.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans	3.50%	3.50%	3.55%	3.65%	2.51%	1.80%	3.25%	0.00%	0.00%	0.00%	0.00%	0.00%
TAUSX John Hancock Investment Grade Bond Fund	4.05%	3.99%	3.40%	2.64%	2.50%	2.25%	4.49%	2.83%	2.83%	2.65%	2.66%	2.88%

Frequently Asked Questions

Can I hold both TAUSX and QDIBX in my portfolio?

TAUSX and QDIBX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TAUSX or QDIBX?

TAUSX has higher volatility (1.50%) compared to QDIBX (1.32%). In terms of maximum drawdown, TAUSX dropped -19.90% vs QDIBX's -19.63%.

Which has better risk-adjusted returns?

TAUSX currently has the higher Sharpe Ratio (1.35 vs 1.26), 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.