JHCB vs RFCI
John Hancock Corporate Bond ETF vs ALPS Dynamic Core Income ETF
Which is better, JHCB or RFCI?
Nearly the same fund. JHCB costs less.
JHCB has a lower expense ratio. JHCB led over 3Y, RFCI over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95.
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 | RFCI |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.51% |
| AUM | $99M | $13M |
| Dividend Yield | 5.42% | 4.76% |
| Holdings | 181 | 48 |
| YTD Return | -2.32% | -1.04%Best |
| 1Y Return | -2.50% | -0.98%Best |
| 3Y Return (annualized) | +5.98%Best | +5.13% |
| 5Y Return (annualized) | -0.11% | +1.30%Best |
| Volatility (annualized) | 7.9% | 5.1%Best |
| Max Drawdown | -22.6% | -11.6%Best |
| $10,000 over 5 years | $9,945 | $10,667Best |
| Fund Family | John Hancock Investment Management | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | Mar 30, 2021 | Jun 13, 2016 |
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 15, 2026 (5.5 years).
JHCB vs RFCI 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.
JHCB vs RFCI Performance
John Hancock Corporate Bond ETF (JHCB) is an ETF from John Hancock Investment Management and ALPS Dynamic Core Income ETF (RFCI) is an ETF from ALPS Advisors. Over the past year JHCB returned -2.50% while RFCI returned -0.98%. Year to date, JHCB is down 2.32% versus a loss of 1.04% for RFCI.
Over three years, JHCB compounded at +5.98% per year against +5.13% for RFCI; over five years the annualized figures are -0.11% and +1.30% respectively. Across the full 6-year window we track, RFCI has the edge at +1.45% annualized vs +0.48%.
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 5.1% for RFCI. 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 -22.6% for JHCB and -11.6% for RFCI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 RFCI charges 0.51%. On a $10,000 position that is $29 vs $51 annually, a gap of $22 per year that compounds over a long holding period. On income, JHCB currently yields 5.42% against 4.76% for RFCI.
Holdings Overlap
We hold position weights for 161 holdings in JHCB and 37 in RFCI, totalling 89.1% and 83.6% 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 161 positions we hold weights for in JHCB and 37 in RFCI, against full books of 181 and 48.
You are not choosing between two funds in isolation.
Whichever of JHCB and RFCI 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 RFCI?
JHCB has an expense ratio of 0.29% while RFCI charges 0.51%. JHCB is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, JHCB or RFCI?
Over the past year JHCB returned -2.50% vs -0.98% for RFCI, so RFCI leads on 1-year performance. Over the longest common window we track (6 years), JHCB annualized +0.48% vs +1.45% for RFCI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHCB or RFCI?
JHCB has been the more volatile fund at 7.9% annualized versus 5.1% for RFCI. Worst drawdown: JHCB -22.6% vs RFCI -11.6%.
Should I hold both JHCB and RFCI?
JHCB and RFCI have a monthly-return correlation of 0.95, 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 RFCI?
JHCB yields 5.42% while RFCI yields 4.76%, so JHCB currently pays the higher dividend yield.
Is RFCI better than JHCB?
JHCB has a lower expense ratio. JHCB led over 3Y, RFCI over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.