HYSD vs JHCP

HYSD vs JHCP

Which is better, HYSD or JHCP?

HYSD has been ahead.

JHCP has a lower expense ratio. HYSD led over 1Y and the full window.

Lower Fees: JHCPHigher Returns: HYSD

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

MetricHYSDJHCP
Expense Ratio0.44%0.36%Best
AUM$105M$340M
Dividend Yield6.03%4.62%
Holdings575987
YTD Return+0.62%Best-2.37%
1Y Return+2.13%Best-2.10%
Volatility (annualized)2.5%Best4.1%
Max Drawdown-2.7%Best-5.1%
$10,000 over 1.8 years$10,817Best$10,460
Fund FamilyColumbia Threadneedle InvestmentsJohn Hancock Investment Management
CategoryFixed IncomeFixed Income
StyleInvestment Grade BondInvestment Grade Bond
InceptionSep 5, 2024Dec 18, 2024

Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 18, 2024 to Oct 14, 2026 (1.8 years).

HYSD vs JHCP 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 1.8 years both funds cover.

Compare HYSD against instead:HYSD vs SPYHYSD vs QQQHYSD vs VOOHYSD vs VTIJHCP against:JHCP vs VXUS

HYSD vs JHCP Performance

Columbia Short Duration High Yield ETF (HYSD) is an ETF from Columbia Threadneedle Investments and John Hancock Core Plus Bond ETF (JHCP) is an ETF from John Hancock Investment Management. Over the past year HYSD returned +2.13% while JHCP returned -2.10%. Year to date, HYSD is up 0.62% versus a loss of 2.37% for JHCP.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JHCP has been the more volatile fund, with annualized monthly volatility of 4.1% compared with 2.5% for HYSD. 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 -2.7% for HYSD and -5.1% for JHCP. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.

Fees and Cost Over Time

HYSD charges 0.44% per year while JHCP charges 0.36%. On a $10,000 position that is $44 vs $36 annually, a gap of $8 per year that compounds over a long holding period. On income, HYSD currently yields 6.03% against 4.62% for JHCP.

Holdings Overlap

We hold position weights for 237 holdings in HYSD and 436 in JHCP, totalling 82.3% and 40.1% 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, 15 positions appear in both.

15 positions in common, counted across the 237 positions we hold weights for in HYSD and 436 in JHCP, against full books of 575 and 987.

Top Shared Holdings

StockWeight in HYSDWeight in JHCPDifference
HNDLIN 4.75 01/30/30Novelis Corp. 4.75% 01/30/20301.12%0.07%1.05%
TIHLLC 7.125 06/01/3PANTHER ESCROW ISSUER 7.13% 01Jun20310.67%0.14%0.53%
VENLNG 7 01/15/30 14Venture Global Lng 7% 01/15/300.63%0.13%0.50%
RIVENTRivers Enterprise Lender Llc 144A 6.25% Oct 15, 20300.41%0.02%0.39%
CNC 3.375 02/15/30Centene Corp 3.38% 15Feb20300.31%0.10%0.21%
SUN 4.5 04/30/30Sunoco Lp/Finance Corp Company Guar 04/30 4.50.19%0.14%0.05%
CRWV 9 02/01/31 144ACoreweave Inc 144A 9% Feb 01, 20310.23%0.09%0.14%
CNC 3 10/15/30Centene Corp., 3.000% Oct 15, 20300.23%0.05%0.18%
ABG 4.625 11/15/29 1Asbury Automotive Group Regd 144A P/P 4.625000000.19%0.07%0.12%
MWGAME 4.875 05/01/2Midwest Gaming Borrower Llc / Midwest Gaming Finance Corp 4.88% 01May20290.15%0.10%0.05%

You are not choosing between two funds in isolation.

Whichever of HYSD and JHCP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

HYSDJHCP

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, HYSD or JHCP?

HYSD has an expense ratio of 0.44% while JHCP charges 0.36%. JHCP is the cheaper option, by $8 a year on a $10,000 investment.

Which performed better, HYSD or JHCP?

Over the past year HYSD returned +2.13% vs -2.10% for JHCP, so HYSD leads on 1-year performance. Over the longest common window we track (2 years), HYSD annualized +4.46% vs +2.53% for JHCP. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, HYSD or JHCP?

JHCP has been the more volatile fund at 4.1% annualized versus 2.5% for HYSD. Worst drawdown: HYSD -2.7% vs JHCP -5.1%.

Should I hold both HYSD and JHCP?

HYSD and JHCP have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, HYSD or JHCP?

HYSD yields 6.03% while JHCP yields 4.62%, so HYSD currently pays the higher dividend yield.

Is JHCP better than HYSD?

JHCP has a lower expense ratio. HYSD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.