WCPB vs. JHMB
WCPB (Weitz Core Plus Bond ETF) and JHMB (John Hancock Mortgage Backed Securities ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.85 means they have usually moved in the same direction. WCPB charges 0.45%/yr vs 0.39%/yr for JHMB.
Performance
WCPB vs. JHMB - Performance Comparison
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Returns By Period
In the year-to-date period, WCPB achieves a 0.71% return, which is significantly higher than JHMB's 0.27% return.
WCPB
- 1D
- -0.38%
- 1M
- -1.26%
- 6M
- 0.12%
- YTD
- 0.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
JHMB
- 1D
- -0.14%
- 1M
- -1.23%
- 6M
- -0.36%
- YTD
- 0.27%
- 1Y
- 4.83%
- 3Y*
- 5.11%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $577.63K | $810.32K | $857.28K | |
| $2.08M | $1.78M | $1.23M |
WCPB vs. JHMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WCPB Weitz Core Plus Bond ETF | 0.71% | 3.01% |
JHMB John Hancock Mortgage Backed Securities ETF | 0.27% | 3.58% |
Correlation
The correlation between WCPB and JHMB is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025 | 0.85 |
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Return for Risk
WCPB vs. JHMB — Risk / Return Rank
WCPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JHMB
WCPB vs. JHMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Bond ETF (WCPB) 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.
| WCPB | JHMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.61 | — |
| Martin ratioReturn relative to average drawdown | — | 4.06 | — |
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Drawdowns
WCPB vs. JHMB - Drawdown Comparison
The maximum WCPB drawdown since its inception was -2.64%, smaller than the maximum JHMB drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for WCPB and JHMB.
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Drawdown Indicators
| WCPB | JHMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.64% | -14.53% | +11.89% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.01% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.42% | — |
Current DrawdownCurrent decline from peak | -1.26% | -1.93% | +0.67% |
Average DrawdownAverage peak-to-trough decline | -0.58% | -4.72% | +4.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.19% | — |
Volatility
WCPB vs. JHMB - Volatility Comparison
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Volatility by Period
| WCPB | JHMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.85% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 3.80% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.86% | 5.76% | -1.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.86% | 5.76% | -1.90% |
WCPB vs. JHMB - Expense Ratio Comparison
WCPB has a 0.45% expense ratio, which is higher than JHMB's 0.39% expense ratio.
Dividends
WCPB vs. JHMB - Dividend Comparison
WCPB's dividend yield for the trailing twelve months is around 3.60%, less than JHMB's 4.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JHMB John Hancock Mortgage Backed Securities ETF | 4.83% | 4.48% | 4.88% | 4.04% | 4.17% | 0.98% |
WCPB Weitz Core Plus Bond ETF | 3.60% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WCPB and JHMB have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JHMB is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JHMB is cheaper with a 0.39% expense ratio, compared with 0.45% for WCPB.
JHMB has the higher dividend yield at 4.83%, compared with 3.60% for WCPB.
They also come from different issuers: Weitz and John Hancock. Their fees differ too: 0.45% for WCPB and 0.39% for JHMB.
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