JHCP vs TSEC

JHCP vs TSEC

Which is better, JHCP or TSEC?

TSEC has been ahead.

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

Lower Fees: JHCPHigher Returns: TSEC

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

MetricJHCPTSEC
Expense Ratio0.36%Best0.40%
AUM$340M$175M
Dividend Yield4.62%8.21%
Holdings987129
YTD Return-1.89%+1.31%Best
1Y Return-1.60%+2.72%Best
3Y Return (annualized)-+6.36%
Volatility (annualized)4.1%2.0%Best
Max Drawdown-5.1%-1.8%Best
$10,000 over 1.8 years$10,511$10,825Best
Fund FamilyJohn Hancock Investment ManagementTouchstone Investments
CategoryFixed IncomeFixed Income
StyleInvestment Grade BondInvestment Grade Bond
InceptionDec 18, 2024Jul 17, 2023

Not shown on this pair: 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 15, 2026 (1.8 years).

JHCP vs TSEC 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 JHCP against instead:JHCP vs SPYJHCP vs QQQJHCP vs VOOJHCP vs VTITSEC against:TSEC vs VXUS

JHCP vs TSEC Performance

John Hancock Core Plus Bond ETF (JHCP) is an ETF from John Hancock Investment Management and Touchstone Securitized Income ETF (TSEC) is an ETF from Touchstone Investments. Over the past year JHCP returned -1.60% while TSEC returned +2.72%. Year to date, JHCP is down 1.89% versus a gain of 1.31% for TSEC.

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 2.0% for TSEC. 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 -1.8% for TSEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JHCP charges 0.36% per year while TSEC charges 0.40%. On a $10,000 position that is $36 vs $40 annually, a gap of $4 per year that compounds over a long holding period. On income, JHCP currently yields 4.62% against 8.21% for TSEC.

Holdings Overlap

We hold position weights for 436 holdings in JHCP and 14 in TSEC, totalling 40.1% and 15.1% 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, 1 positions appear in both.

1 positions in common, counted across the 436 positions we hold weights for in JHCP and 14 in TSEC, against full books of 987 and 129.

Top Shared Holdings

StockWeight in JHCPWeight in TSECDifference
ZAXBY 2021-1A A2Zaxby'S Funding Llc, Series 2021-1A, Class A20.09%0.63%0.54%

You are not choosing between two funds in isolation.

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

JHCPTSEC

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, JHCP or TSEC?

JHCP has an expense ratio of 0.36% while TSEC charges 0.40%. JHCP is the cheaper option, by $4 a year on a $10,000 investment.

Which performed better, JHCP or TSEC?

Over the past year JHCP returned -1.60% vs +2.72% for TSEC, so TSEC leads on 1-year performance. Over the longest common window we track (2 years), JHCP annualized +2.81% vs +4.50% for TSEC. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, JHCP or TSEC?

JHCP has been the more volatile fund at 4.1% annualized versus 2.0% for TSEC. Worst drawdown: JHCP -5.1% vs TSEC -1.8%.

Should I hold both JHCP and TSEC?

JHCP and TSEC have a monthly-return correlation of 0.80, 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, JHCP or TSEC?

JHCP yields 4.62% while TSEC yields 8.21%, so TSEC currently pays the higher dividend yield.

Is TSEC better than JHCP?

JHCP has a lower expense ratio. TSEC 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.