FLCB vs JHCB
Franklin US Core Bond ETF vs John Hancock Corporate Bond ETF
Which is better, FLCB or JHCB?
Nearly the same fund. FLCB costs less.
FLCB has a lower expense ratio. FLCB 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 | FLCB | JHCB |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.29% |
| AUM | $3.1B | $99M |
| Dividend Yield | 4.50% | 5.42% |
| Holdings | 642 | 181 |
| YTD Return | -2.14%Best | -3.09% |
| 1Y Return | -2.11%Best | -3.15% |
| 3Y Return (annualized) | +4.58% | +5.71%Best |
| 5Y Return (annualized) | -0.62% | -0.34%Best |
| Volatility (annualized) | 6.1%Best | 7.9% |
| Max Drawdown | -18.5%Best | -22.6% |
| $10,000 over 5 years | $9,694 | $9,831Best |
| Fund Family | Franklin Templeton Investments (US) | John Hancock Investment Management |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 17, 2019 | 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).
FLCB 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.
FLCB vs JHCB Performance
Franklin US Core Bond ETF (FLCB) is an ETF from Franklin Templeton Investments (US) and John Hancock Corporate Bond ETF (JHCB) is an ETF from John Hancock Investment Management. Over the past year FLCB returned -2.11% while JHCB returned -3.15%. Year to date, FLCB is down 2.14% versus a loss of 3.09% for JHCB.
Over three years, FLCB compounded at +4.58% per year against +5.71% for JHCB; over five years the annualized figures are -0.62% and -0.34% respectively. Across the full 6-year window we track, JHCB has the edge at +0.33% annualized vs -0.26%.
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 6.1% for FLCB. 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 -18.5% for FLCB 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
FLCB 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, FLCB currently yields 4.50% against 5.42% for JHCB.
Holdings Overlap
We hold position weights for 342 holdings in FLCB and 161 in JHCB, totalling 61.0% and 89.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 11 positions appear in both.
11 positions in common, counted across the 342 positions we hold weights for in FLCB and 161 in JHCB, against full books of 642 and 181.
Top Shared Holdings
| Stock | Weight in FLCB | Weight in JHCB | Difference |
|---|---|---|---|
| BAC V2.592 04/29/31Bank Of America 2.592 04/29/2031 | 0.08% | 2.21% | 2.13% |
| JPM V5.336 01/23/35Jpmorgan Chase 5.336 2035-01-23 | 0.04% | 1.05% | 1.01% |
| MS V2.239 07/21/32 GMorgan Stanley 2.24% 21Jul2032 | 0.24% | 0.73% | 0.49% |
| CHTR 2.8 04/01/31Charter Communications Operating Llc / Charter Communications Operating Capital 2.8% 04/01/2031 | 0.12% | 0.60% | 0.48% |
| RRX 6.4 04/15/33Regal Rexnord Corp 6.4% 15Apr2033 | 0.09% | 0.53% | 0.44% |
| AMGN 5.25 03/02/33Amgen Inc 5.25% Mar 02, 2033 | 0.08% | 0.50% | 0.42% |
| BAC V5.468 01/23/35Bank Of America Corp | 0.03% | 0.44% | 0.41% |
| AER 3.3 01/30/32Aercap Ireland Capital Dac / Aercap Global Aviation Trust 3.3% 30Jan2032 | 0.05% | 0.39% | 0.34% |
| UAL 5.875 10/15/27 2United Air 2020-1 A Ptt 5.875 10/15/2027 | 0.00% | 0.43% | 0.43% |
| CEG 6.125 01/15/34Constellation Energy Generation Llc Corporate Bonds 6.13 2034-01-15 | 0.02% | 0.15% | 0.13% |
You are not choosing between two funds in isolation.
Whichever of FLCB 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, FLCB or JHCB?
FLCB has an expense ratio of 0.15% while JHCB charges 0.29%. FLCB is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, FLCB or JHCB?
Over the past year FLCB returned -2.11% vs -3.15% for JHCB, so FLCB leads on 1-year performance. Over the longest common window we track (6 years), FLCB annualized -0.26% vs +0.33% for JHCB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCB or JHCB?
JHCB has been the more volatile fund at 7.9% annualized versus 6.1% for FLCB. Worst drawdown: FLCB -18.5% vs JHCB -22.6%.
Should I hold both FLCB and JHCB?
FLCB 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, FLCB or JHCB?
FLCB yields 4.50% while JHCB yields 5.42%, so JHCB currently pays the higher dividend yield.
Is JHCB better than FLCB?
FLCB has a lower expense ratio. FLCB 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.