JHCB vs PTRB
John Hancock Corporate Bond ETF vs PGIM Total Return Bond ETF
Which is better, JHCB or PTRB?
Nearly the same fund. JHCB costs less.
JHCB has a lower expense ratio. JHCB led over 3Y and the full window, PTRB over 1Y. The two have moved almost in lockstep, correlation 0.99.
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 | JHCB | PTRB |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.49% |
| AUM | $99M | $1.1B |
| Dividend Yield | 5.42% | 5.75% |
| Holdings | 181 | 2,659 |
| YTD Return | -3.09% | -2.27%Best |
| 1Y Return | -3.15% | -2.12%Best |
| 3Y Return (annualized) | +5.71%Best | +5.15% |
| 5Y Return (annualized) | -0.34% | - |
| Volatility (annualized) | 8.4% | 7.1%Best |
| Max Drawdown | -21.5% | -19.2%Best |
| $10,000 over 4.8 years | $9,871Best | $9,847 |
| Fund Family | John Hancock Investment Management | PGIM Investments |
| Category | Fixed Income | Fixed Income |
| Inception | Mar 30, 2021 | Dec 2, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 8, 2021 to Oct 14, 2026 (4.8 years).
JHCB vs PTRB 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 4.8 years both funds cover.
JHCB vs PTRB Performance
John Hancock Corporate Bond ETF (JHCB) is an ETF from John Hancock Investment Management and PGIM Total Return Bond ETF (PTRB) is an ETF from PGIM Investments. Over the past year JHCB returned -3.15% while PTRB returned -2.12%. Year to date, JHCB is down 3.09% versus a loss of 2.27% for PTRB.
Over three years, JHCB compounded at +5.71% per year against +5.15% for PTRB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHCB has been the more volatile fund, with annualized monthly volatility of 8.4% compared with 7.1% for PTRB. 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 -21.5% for JHCB and -19.2% for PTRB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHCB charges 0.29% per year while PTRB charges 0.49%. On a $10,000 position that is $29 vs $49 annually, a gap of $20 per year that compounds over a long holding period. On income, JHCB currently yields 5.42% against 5.75% for PTRB.
Holdings Overlap
We hold position weights for 161 holdings in JHCB and 675 in PTRB, totalling 89.1% and 52.1% 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 161 positions we hold weights for in JHCB and 675 in PTRB, against full books of 181 and 2,659.
Top Shared Holdings
| Stock | Weight in JHCB | Weight in PTRB | Difference |
|---|---|---|---|
| DB V3.742 01/07/33Deutsche Bank Ag/New York Ny | 0.83% | 0.17% | 0.66% |
| JPM V2.739 10/15/30Jpmorgan Chase & V/R 10/15/30 | 0.74% | 0.22% | 0.52% |
| DAL 4.75 10/20/28 14Skymiles Ip Ltd. & Delta Air Lines Inc. 4.75% | 0.69% | 0.25% | 0.44% |
| GS V5.33 07/23/35Goldman Sachs Group Inc/The 5.33 2035-07-23 | 0.67% | 0.01% | 0.66% |
| BAC V2.651 03/11/32 | 0.23% | 0.43% | 0.20% |
| J 5.9 03/01/33Jacobs Engineering Group Inc 5.9 03/01/2033 | 0.38% | 0.26% | 0.12% |
| RCL 6.25 03/15/32 14Royal Caribbean 6.25% 03/15/32 | 0.37% | 0.16% | 0.21% |
| CANTOR 7.2 12/12/28 | 0.43% | 0.00% | 0.43% |
| VTRS 4 06/22/50Upjohn Inc 4 06/22/2050 | 0.29% | 0.08% | 0.21% |
| BACR V6.692 09/13/34BARCLAYS PLC V/R 09/13/34 | 0.19% | 0.03% | 0.16% |
You are not choosing between two funds in isolation.
Whichever of JHCB and PTRB 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, JHCB or PTRB?
JHCB has an expense ratio of 0.29% while PTRB charges 0.49%. JHCB is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, JHCB or PTRB?
Over the past year JHCB returned -3.15% vs -2.12% for PTRB, so PTRB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHCB or PTRB?
JHCB has been the more volatile fund at 8.4% annualized versus 7.1% for PTRB. Worst drawdown: JHCB -21.5% vs PTRB -19.2%.
Should I hold both JHCB and PTRB?
JHCB and PTRB have a monthly-return correlation of 0.99, 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, JHCB or PTRB?
JHCB yields 5.42% while PTRB yields 5.75%, so PTRB currently pays the higher dividend yield.
Is PTRB better than JHCB?
JHCB has a lower expense ratio. JHCB led over 3Y and the full window, PTRB over 1Y. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.