WOBDX vs. JICDX

Last updated Jun 4, 2026

WOBDX (JPMorgan Core Bond Fund) and JICDX (John Hancock Funds II Core Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, WOBDX returned 1.91%/yr vs 1.28%/yr for JICDX. Their correlation of 0.93 suggests significant overlap in exposure. WOBDX charges 0.50%/yr vs 0.66%/yr for JICDX.

Performance

WOBDX vs. JICDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Core Bond Fund (WOBDX) and John Hancock Funds II Core Bond Fund (JICDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WOBDX achieves a 0.35% return, which is significantly higher than JICDX's 0.30% return. Over the past 10 years, WOBDX has outperformed JICDX with an annualized return of 1.91%, while JICDX has yielded a comparatively lower 1.28% annualized return.

WOBDX

• 1D: 0.00%
• 1M: 0.34%
• YTD: 0.35%
• 6M: 0.11%
• 1Y: 5.34%
• 3Y*: 4.21%
• 5Y*: 0.52%
• 10Y*: 1.91%

JICDX

• 1D: 0.00%
• 1M: 0.46%
• YTD: 0.30%
• 6M: -1.22%
• 1Y: 3.75%
• 3Y*: 3.50%
• 5Y*: -0.27%
• 10Y*: 1.28%

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

WOBDX vs. JICDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WOBDX JPMorgan Core Bond Fund	0.35%	7.38%	1.97%	5.79%	-12.35%	-1.11%	8.13%	8.34%	0.20%	3.81%
JICDX John Hancock Funds II Core Bond Fund	0.30%	5.57%	1.42%	5.77%	-13.68%	-2.01%	8.40%	8.21%	-0.54%	3.24%

Correlation

The correlation between WOBDX and JICDX is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Oct 17, 2005	0.93

The correlation between WOBDX and JICDX has been stable across timeframes, ranging from 0.86 to 0.95 - a consistent structural relationship.

Return for Risk

WOBDX vs. JICDX — Risk / Return Rank

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

WOBDX

WOBDX Risk / Return Rank: 22
WOBDX Sharpe Ratio Rank: 23
WOBDX Sortino Ratio Rank: 24
WOBDX Omega Ratio Rank: 21
WOBDX Calmar Ratio Rank: 22
WOBDX Martin Ratio Rank: 20

JICDX

JICDX Risk / Return Rank: 13
JICDX Sharpe Ratio Rank: 12
JICDX Sortino Ratio Rank: 12
JICDX Omega Ratio Rank: 12
JICDX Calmar Ratio Rank: 18
JICDX Martin Ratio Rank: 13

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.

WOBDX vs. JICDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund (WOBDX) and John Hancock Funds II Core Bond Fund (JICDX). 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.

	WOBDX	JICDX	Difference
Sharpe ratio: Return per unit of total volatility	1.36	0.95	+0.41
Sortino ratio: Return per unit of downside risk	2.03	1.34	+0.69
Omega ratio: Gain probability vs. loss probability	1.24	1.17	+0.07
Calmar ratio: Return relative to maximum drawdown	1.76	1.50	+0.26
Martin ratio: Return relative to average drawdown	5.29	3.71	+1.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WOBDX vs. JICDX - Sharpe Ratio Comparison

The current WOBDX Sharpe Ratio is 1.36, which is higher than the JICDX Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of WOBDX and JICDX, 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

	WOBDX	JICDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	0.95	+0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	-0.05	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.26	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	0.71	+0.46

Drawdowns

WOBDX vs. JICDX - Drawdown Comparison

The maximum WOBDX drawdown since its inception was -16.65%, smaller than the maximum JICDX drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for WOBDX and JICDX.

Drawdown Indicators

	WOBDX	JICDX	Difference
Max Drawdown Largest peak-to-trough decline	-16.65%	-18.94%	+2.29%
Max Drawdown (1Y) Largest decline over 1 year	-2.99%	-2.83%	-0.16%
Max Drawdown (3Y) Largest decline over 3 years	-5.96%	-6.37%	+0.41%
Max Drawdown (5Y) Largest decline over 5 years	-16.65%	-18.61%	+1.96%
Max Drawdown (10Y) Largest decline over 10 years	-16.65%	-18.94%	+2.29%
Current Drawdown Current decline from peak	-1.70%	-3.93%	+2.23%
Average Drawdown Average peak-to-trough decline	-1.90%	-2.93%	+1.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	1.14%	-0.15%

Volatility

WOBDX vs. JICDX - Volatility Comparison

JPMorgan Core Bond Fund (WOBDX) and John Hancock Funds II Core Bond Fund (JICDX) have volatilities of 1.29% and 1.35%, 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

	WOBDX	JICDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.29%	1.35%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	2.76%	3.24%	-0.48%
Volatility (1Y) Calculated over the trailing 1-year period	3.89%	4.48%	-0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.69%	6.14%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	4.99%	-0.28%

WOBDX vs. JICDX - Expense Ratio Comparison

WOBDX has a 0.50% expense ratio, which is lower than JICDX's 0.66% expense ratio.

Dividends

WOBDX vs. JICDX - Dividend Comparison

WOBDX's dividend yield for the trailing twelve months is around 4.07%, more than JICDX's 2.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JICDX John Hancock Funds II Core Bond Fund	2.77%	2.85%	4.25%	3.66%	2.34%	1.74%	6.47%	3.38%	2.69%	2.03%	2.44%	1.72%
WOBDX JPMorgan Core Bond Fund	4.07%	3.97%	3.95%	3.51%	2.68%	2.82%	4.00%	3.23%	2.91%	2.88%	2.84%	2.54%

Frequently Asked Questions

Can I hold both WOBDX and JICDX in my portfolio?

WOBDX and JICDX 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.

Which is riskier, WOBDX or JICDX?

JICDX has higher volatility (1.35%) compared to WOBDX (1.29%). In terms of maximum drawdown, WOBDX dropped -16.65% vs JICDX's -18.94%.

Which has better risk-adjusted returns?

WOBDX currently has the higher Sharpe Ratio (1.36 vs 0.95), 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.