AVIG vs JHCB
Avantis Core Fixed Income ETF vs John Hancock Corporate Bond ETF
Which is better, AVIG or JHCB?
Nearly the same fund. AVIG costs less.
AVIG has a lower expense ratio. AVIG led over 1Y, JHCB over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVIG | JHCB |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.29% |
| AUM | $2.0B | $99M |
| Dividend Yield | 4.54% | 5.42% |
| Holdings | 1,720 | 181 |
| YTD Return | -3.03%Best | -3.09% |
| 1Y Return | -2.70%Best | -3.15% |
| 3Y Return (annualized) | +4.63% | +5.71%Best |
| 5Y Return (annualized) | -0.64% | -0.34%Best |
| Volatility (annualized) | 6.7%Best | 7.9% |
| Max Drawdown | -19.5%Best | -22.6% |
| $10,000 over 5 years | $9,684 | $9,831Best |
| Fund Family | Avantis Investors | John Hancock Investment Management |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Mar 30, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Mar 31, 2021 to Oct 14, 2026 (5.5 years).
AVIG vs JHCB growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.5 years both funds cover.
AVIG vs JHCB Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and John Hancock Corporate Bond ETF (JHCB) is an ETF from John Hancock Investment Management. Over the past year AVIG returned -2.70% while JHCB returned -3.15%. Year to date, AVIG is down 3.03% versus a loss of 3.09% for JHCB.
Over three years, AVIG compounded at +4.63% per year against +5.71% for JHCB; over five years the annualized figures are -0.64% and -0.34% respectively. Across the full 6-year window we track, JHCB has the edge at +0.33% annualized vs -0.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHCB has been the more volatile fund, with annualized monthly volatility of 7.9% compared with 6.7% for AVIG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.5% for AVIG and -22.6% for JHCB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVIG charges 0.15% per year while JHCB charges 0.29%. On a $10,000 position that is $15 vs $29 annually, a gap of $14 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 5.42% for JHCB.
Holdings Overlap
At least 0.2% of AVIG's money is in holdings JHCB also owns.
Stated as a floor: for JHCB, our book for it covers 89.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
9 positions in common, counted across the 739 positions we hold weights for in AVIG and 161 in JHCB, against full books of 1,720 and 181.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in JHCB | Difference |
|---|---|---|---|
| MTB V6.082 03/13/32M&T Bank Corporat V/R 03/13/32 | 0.05% | 0.70% | 0.65% |
| UAL 5.45 02/15/37 AAUnited Airlines 2024-1 Class Aa Pass Through Trust 02/15/2037 | 0.01% | 0.65% | 0.64% |
| AMGN 5.25 03/02/33Amgen Inc 5.25% Mar 02, 2033 | 0.02% | 0.50% | 0.48% |
| C V2.561 05/01/32Citigroup Inc | 0.03% | 0.39% | 0.36% |
| MS V5.192 04/17/31Morgan Stanley Sr Unsecured 04/31 Var 5.192 20310417 | 0.02% | 0.34% | 0.32% |
| RTX 6.1 03/15/34Rtx Corp. 6.10 03/15/2034 | 0.01% | 0.29% | 0.28% |
| OKE 4.75 10/15/31Oneok Inc Company Guar 10/31 4.75 | 0.01% | 0.17% | 0.16% |
| CEG 6.125 01/15/34Constellation Energy Generation Llc Corporate Bonds 6.13 2034-01-15 | 0.03% | 0.15% | 0.12% |
| VZ 4.5 08/10/33Verizon Communications Inc | 0.02% | 0.02% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of AVIG and JHCB you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVIG or JHCB?
AVIG has an expense ratio of 0.15% while JHCB charges 0.29%. AVIG is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, AVIG or JHCB?
Over the past year AVIG returned -2.70% vs -3.15% for JHCB, so AVIG leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.18% vs +0.33% for JHCB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or JHCB?
JHCB has been the more volatile fund at 7.9% annualized versus 6.7% for AVIG. Worst drawdown: AVIG -19.5% vs JHCB -22.6%.
Should I hold both AVIG and JHCB?
AVIG and JHCB have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AVIG or JHCB?
AVIG yields 4.54% while JHCB yields 5.42%, so JHCB currently pays the higher dividend yield.
Is JHCB better than AVIG?
AVIG has a lower expense ratio. AVIG led over 1Y, JHCB over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.