JHCB vs TOTR
John Hancock Corporate Bond ETF vs T. Rowe Price Total Return ETF
Which is better, JHCB or TOTR?
Nearly the same fund. JHCB costs less.
JHCB has a lower expense ratio. JHCB led over 3Y, 5Y and the full window, TOTR over 1Y. 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 | JHCB | TOTR |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.31% |
| AUM | $99M | $566M |
| Dividend Yield | 5.42% | 5.48% |
| Holdings | 181 | 1,222 |
| YTD Return | -3.09% | -2.17%Best |
| 1Y Return | -3.15% | -1.73%Best |
| 3Y Return (annualized) | +5.71%Best | +5.04% |
| 5Y Return (annualized) | -0.34%Best | -0.85% |
| Volatility (annualized) | 8.2% | 6.6%Best |
| Max Drawdown | -22.1% | -19.6%Best |
| $10,000 over 5 years | $9,831Best | $9,582 |
| Fund Family | John Hancock Investment Management | T.Rowe Price |
| Category | Fixed Income | Fixed Income |
| Inception | Mar 30, 2021 | Sep 28, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2021 to Oct 14, 2026 (5 years).
JHCB vs TOTR 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 years both funds cover.
JHCB vs TOTR Performance
John Hancock Corporate Bond ETF (JHCB) is an ETF from John Hancock Investment Management and T. Rowe Price Total Return ETF (TOTR) is an ETF from T.Rowe Price. Over the past year JHCB returned -3.15% while TOTR returned -1.73%. Year to date, JHCB is down 3.09% versus a loss of 2.17% for TOTR.
Over three years, JHCB compounded at +5.71% per year against +5.04% for TOTR; over five years the annualized figures are -0.34% and -0.85% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHCB has been the more volatile fund, with annualized monthly volatility of 8.2% compared with 6.6% for TOTR. 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 -22.1% for JHCB and -19.6% for TOTR. 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
JHCB charges 0.29% per year while TOTR charges 0.31%. On a $10,000 position that is $29 vs $31 annually, a gap of $2 per year that compounds over a long holding period. On income, JHCB currently yields 5.42% against 5.48% for TOTR.
Holdings Overlap
We hold position weights for 161 holdings in JHCB and 522 in TOTR, totalling 89.1% and 55.1% 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, 7 positions appear in both.
7 positions in common, counted across the 161 positions we hold weights for in JHCB and 522 in TOTR, against full books of 181 and 1,222.
Top Shared Holdings
| Stock | Weight in JHCB | Weight in TOTR | Difference |
|---|---|---|---|
| CMA V5.332 08/25/33Comerica Bank V/R 08/25/33 | 1.24% | 0.14% | 1.10% |
| MS V5.32 07/19/35Morgan Stanley 5.32 07/19/2035 | 1.07% | 0.02% | 1.05% |
| CQP 3.25 01/31/32Cheniere Energy Partners Company Guar 01/32 3.25 | 0.73% | 0.01% | 0.72% |
| BAC V5.468 01/23/35Bank Of America Corp | 0.44% | 0.08% | 0.36% |
| BCRED 5.6 11/22/29Blackstone Private Credit Fund 5.6 2029-11-22 | 0.26% | 0.02% | 0.24% |
| OKE 6.05 09/01/33Oneok Inc 6.05 09/01/2033 | 0.17% | 0.10% | 0.07% |
| BA 6.858 05/01/54Boeing Co/The Corporate Bonds | 0.05% | 0.18% | 0.13% |
You are not choosing between two funds in isolation.
Whichever of JHCB and TOTR 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 TOTR?
JHCB has an expense ratio of 0.29% while TOTR charges 0.31%. JHCB is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, JHCB or TOTR?
Over the past year JHCB returned -3.15% vs -1.73% for TOTR, so TOTR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHCB or TOTR?
JHCB has been the more volatile fund at 8.2% annualized versus 6.6% for TOTR. Worst drawdown: JHCB -22.1% vs TOTR -19.6%.
Should I hold both JHCB and TOTR?
JHCB and TOTR 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, JHCB or TOTR?
JHCB yields 5.42% while TOTR yields 5.48%, so TOTR currently pays the higher dividend yield.
Is TOTR better than JHCB?
JHCB has a lower expense ratio. JHCB led over 3Y, 5Y and the full window, TOTR over 1Y. 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.