BNDC vs JHCB
Northern Trust Core Bond ETF vs John Hancock Corporate Bond ETF
Which is better, BNDC or JHCB?
Nearly the same fund. JHCB costs less.
JHCB has a lower expense ratio. BNDC led over 1Y, JHCB over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | BNDC | JHCB |
|---|---|---|
| Expense Ratio | 0.38% | 0.29%Best |
| AUM | $165M | $99M |
| Dividend Yield | 4.33% | 5.42% |
| Holdings | 16 | 181 |
| YTD Return | -2.88%Best | -3.09% |
| 1Y Return | -2.81%Best | -3.15% |
| 3Y Return (annualized) | +4.23% | +5.71%Best |
| 5Y Return (annualized) | -0.95% | -0.34%Best |
| Volatility (annualized) | 6.3%Best | 7.9% |
| Max Drawdown | -18.6%Best | -22.6% |
| $10,000 over 5 years | $9,534 | $9,831Best |
| Fund Family | Northern Trust Asset Management | John Hancock Investment Management |
| Category | Fixed Income | Fixed Income |
| Inception | Nov 18, 2016 | 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).
BNDC 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.
BNDC vs JHCB Performance
Northern Trust Core Bond ETF (BNDC) is an ETF from Northern Trust Asset Management and John Hancock Corporate Bond ETF (JHCB) is an ETF from John Hancock Investment Management. Over the past year BNDC returned -2.81% while JHCB returned -3.15%. Year to date, BNDC is down 2.88% versus a loss of 3.09% for JHCB.
Over three years, BNDC compounded at +4.23% per year against +5.71% for JHCB; over five years the annualized figures are -0.95% and -0.34% respectively. Across the full 6-year window we track, JHCB has the edge at +0.33% annualized vs -0.49%.
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 6.3% for BNDC. 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 -18.6% for BNDC 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BNDC charges 0.38% per year while JHCB charges 0.29%. On a $10,000 position that is $38 vs $29 annually, a gap of $9 per year that compounds over a long holding period. On income, BNDC currently yields 4.33% against 5.42% for JHCB.
Holdings Overlap
We hold position weights for 7 holdings in BNDC and 161 in JHCB, totalling 99.2% and 89.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in BNDC and 161 in JHCB, against full books of 16 and 181.
You are not choosing between two funds in isolation.
Whichever of BNDC 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, BNDC or JHCB?
BNDC has an expense ratio of 0.38% while JHCB charges 0.29%. JHCB is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, BNDC or JHCB?
Over the past year BNDC returned -2.81% vs -3.15% for JHCB, so BNDC leads on 1-year performance. Over the longest common window we track (6 years), BNDC annualized -0.49% vs +0.33% for JHCB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNDC or JHCB?
JHCB has been the more volatile fund at 7.9% annualized versus 6.3% for BNDC. Worst drawdown: BNDC -18.6% vs JHCB -22.6%.
Should I hold both BNDC and JHCB?
BNDC and JHCB have a monthly-return correlation of 0.97, 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, BNDC or JHCB?
BNDC yields 4.33% while JHCB yields 5.42%, so JHCB currently pays the higher dividend yield.
Is JHCB better than BNDC?
JHCB has a lower expense ratio. BNDC led over 1Y, JHCB over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.