JHCP vs JHCR
John Hancock Core Plus Bond ETF vs John Hancock Core Bond ETF
Which is better, JHCP or JHCR?
Nearly the same fund. JHCR costs less.
JHCR has a lower expense ratio. JHCR led over 1Y and the full window. 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 | JHCP | JHCR |
|---|---|---|
| Expense Ratio | 0.36% | 0.29%Best |
| AUM | $340M | $2.5B |
| Dividend Yield | 4.62% | 4.36% |
| Holdings | 987 | 1,940 |
| YTD Return | -2.37% | -2.26%Best |
| 1Y Return | -2.10% | -2.08%Best |
| Volatility (annualized) | 4.1% | 3.9%Best |
| Max Drawdown | -5.1% | -5.0%Best |
| $10,000 over 1.8 years | $10,460 | $10,471Best |
| Fund Family | John Hancock Investment Management | John Hancock Investment Management |
| Category | Fixed Income | Fixed Income |
| Style | Investment Grade Bond | Investment Grade Bond |
| Inception | Dec 18, 2024 | Dec 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).
JHCP vs JHCR 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.
JHCP vs JHCR Performance
John Hancock Core Plus Bond ETF (JHCP) is an ETF from John Hancock Investment Management and John Hancock Core Bond ETF (JHCR) is an ETF from John Hancock Investment Management. Over the past year JHCP returned -2.10% while JHCR returned -2.08%. Year to date, JHCP is down 2.37% versus a loss of 2.26% for JHCR.
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 3.9% for JHCR. 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 -5.1% for JHCP and -5.0% for JHCR. 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
JHCP charges 0.36% per year while JHCR charges 0.29%. On a $10,000 position that is $36 vs $29 annually, a gap of $7 per year that compounds over a long holding period. On income, JHCP currently yields 4.62% against 4.36% for JHCR.
Holdings Overlap
We hold position weights for 436 holdings in JHCP and 389 in JHCR, totalling 40.1% and 40.8% 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, 237 positions appear in both.
237 positions in common, counted across the 436 positions we hold weights for in JHCP and 389 in JHCR, against full books of 987 and 1,940.
Top Shared Holdings
| Stock | Weight in JHCP | Weight in JHCR | Difference |
|---|---|---|---|
| T 3.625 09/30/31United States Treasury Note/Bond 3.625 09/30/2031 | 0.25% | 1.10% | 0.85% |
| T 1.625 11/15/50US Treasury Bonds 1.62% 15-11-2050 | 0.50% | 0.62% | 0.12% |
| T 2 02/15/50United States Of America Bond Fixed 2% 15/feb/2050 | 0.05% | 0.94% | 0.89% |
| AMGN 5.25 03/02/33Amgen Inc 5.25% Mar 02, 2033 | 0.41% | 0.37% | 0.04% |
| FN CA1187Fannie Mae Pool | 0.42% | 0.23% | 0.19% |
| WFC V3.35 03/02/33 MWells Fargo & Com V/R 03/02/33 | 0.26% | 0.32% | 0.06% |
| BAC V5.425 08/15/35 | 0.28% | 0.29% | 0.01% |
| GS V2.615 04/22/32Goldman Sachs Group, Inc., 2.61%, Due 04/22/2032 | 0.27% | 0.30% | 0.03% |
| BA 6.528 05/01/34Boeing Co/The Corp. Note | 0.26% | 0.29% | 0.03% |
| BAC V2.687 04/22/32Bank Of America Corp 2.69% 22Apr2032 | 0.24% | 0.30% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of JHCP and JHCR 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, JHCP or JHCR?
JHCP has an expense ratio of 0.36% while JHCR charges 0.29%. JHCR is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, JHCP or JHCR?
Over the past year JHCP returned -2.10% vs -2.08% for JHCR, so JHCR leads on 1-year performance. Over the longest common window we track (2 years), JHCP annualized +2.53% vs +2.59% for JHCR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHCP or JHCR?
JHCP has been the more volatile fund at 4.1% annualized versus 3.9% for JHCR. Worst drawdown: JHCP -5.1% vs JHCR -5.0%.
Should I hold both JHCP and JHCR?
JHCP and JHCR 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, JHCP or JHCR?
JHCP yields 4.62% while JHCR yields 4.36%, so JHCP currently pays the higher dividend yield.
Is JHCR better than JHCP?
JHCR has a lower expense ratio. JHCR led over 1Y and the full window. 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.