JHCR vs JIII

JHCR vs JIII

Which is better, JHCR or JIII?

JIII has been ahead.

JHCR has a lower expense ratio. JIII led over 1Y and the full window.

Lower Fees: JHCRHigher Returns: JIII

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

MetricJHCRJIII
Expense Ratio0.29%Best0.54%
AUM$2.5B$274M
Dividend Yield4.36%7.91%
Holdings1,940596
YTD Return-2.26%-0.16%Best
1Y Return-2.08%+1.56%Best
Volatility (annualized)3.9%3.0%Best
Max Drawdown-5.0%-3.5%Best
$10,000 over 1.8 years$10,471$10,825Best
Fund FamilyJohn Hancock Investment ManagementJanus Henderson Investors
CategoryFixed IncomeFixed Income
StyleInvestment Grade BondInvestment Grade Bond
InceptionDec 18, 2024Nov 12, 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).

JHCR vs JIII 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 JHCR against instead:JHCR vs SPYJHCR vs QQQJHCR vs VOOJHCR vs VTIJIII against:JIII vs VXUS

JHCR vs JIII Performance

John Hancock Core Bond ETF (JHCR) is an ETF from John Hancock Investment Management and Janus Henderson Income ETF (JIII) is an ETF from Janus Henderson Investors. Over the past year JHCR returned -2.08% while JIII returned +1.56%. Year to date, JHCR is down 2.26% versus a loss of 0.16% for JIII.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JHCR has been the more volatile fund, with annualized monthly volatility of 3.9% compared with 3.0% for JIII. 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 -5.0% for JHCR and -3.5% for JIII. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JHCR charges 0.29% per year while JIII charges 0.54%. On a $10,000 position that is $29 vs $54 annually, a gap of $25 per year that compounds over a long holding period. On income, JHCR currently yields 4.36% against 7.91% for JIII.

Holdings Overlap

We hold position weights for 389 holdings in JHCR and 124 in JIII, totalling 40.8% and 50.9% 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, 5 positions appear in both.

5 positions in common, counted across the 389 positions we hold weights for in JHCR and 124 in JIII, against full books of 1,940 and 596.

Top Shared Holdings

StockWeight in JHCRWeight in JIIIDifference
CNPCenterPoint Energy Inc 5.95 04/01/20560.07%0.21%0.14%
JHXAU 5.875 01/31/31Jh North America Holdings Inc 144A 5.88% Jan 31, 20310.03%0.18%0.15%
JMIKE 2025-1A A2Jersey Mike'S Funding 5.61 08/16/20550.07%0.10%0.03%
SWTCH 2024-2A A2Switch Data Center Swtch_24-2Aswtch_24-2A,5.44 06/25/20540.02%0.14%0.12%
DTMINC 5.8 12/15/34 0.04%0.10%0.06%

You are not choosing between two funds in isolation.

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

JHCRJIII

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, JHCR or JIII?

JHCR has an expense ratio of 0.29% while JIII charges 0.54%. JHCR is the cheaper option, by $25 a year on a $10,000 investment.

Which performed better, JHCR or JIII?

Over the past year JHCR returned -2.08% vs +1.56% for JIII, so JIII leads on 1-year performance. Over the longest common window we track (2 years), JHCR annualized +2.59% vs +4.50% for JIII. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, JHCR or JIII?

JHCR has been the more volatile fund at 3.9% annualized versus 3.0% for JIII. Worst drawdown: JHCR -5.0% vs JIII -3.5%.

Should I hold both JHCR and JIII?

JHCR and JIII have a monthly-return correlation of 0.89, 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, JHCR or JIII?

JHCR yields 4.36% while JIII yields 7.91%, so JIII currently pays the higher dividend yield.

Is JIII better than JHCR?

JHCR has a lower expense ratio. JIII 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.