JHCR vs MAGG
John Hancock Core Bond ETF vs Madison Aggregate Bond ETF
Which is better, JHCR or MAGG?
Nearly the same fund. JHCR costs less.
JHCR has a lower expense ratio. JHCR led over the full window, MAGG over 1Y. The two have moved almost in lockstep, correlation 0.98.
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 | JHCR | MAGG |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.36% |
| AUM | $2.5B | $63M |
| Dividend Yield | 4.36% | 5.05% |
| Holdings | 1,940 | 406 |
| YTD Return | -2.26%Best | -2.52% |
| 1Y Return | -2.08% | -1.91%Best |
| 3Y Return (annualized) | - | +4.51% |
| Volatility (annualized) | 3.9%Best | 4.0% |
| Max Drawdown | -5.0%Best | -5.1% |
| $10,000 over 1.8 years | $10,471Best | $10,449 |
| Fund Family | John Hancock Investment Management | Madison Funds |
| Category | Fixed Income | Fixed Income |
| Style | Investment Grade Bond | Investment Grade Bond |
| Inception | Dec 18, 2024 | Aug 28, 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 14, 2026 (1.8 years).
JHCR vs MAGG 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.
JHCR vs MAGG Performance
John Hancock Core Bond ETF (JHCR) is an ETF from John Hancock Investment Management and Madison Aggregate Bond ETF (MAGG) is an ETF from Madison Funds. Over the past year JHCR returned -2.08% while MAGG returned -1.91%. Year to date, JHCR is down 2.26% versus a loss of 2.52% for MAGG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGG has been the more volatile fund, with annualized monthly volatility of 4.0% 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 -5.0% for JHCR and -5.1% for MAGG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JHCR charges 0.29% per year while MAGG charges 0.36%. On a $10,000 position that is $29 vs $36 annually, a gap of $7 per year that compounds over a long holding period. On income, JHCR currently yields 4.36% against 5.05% for MAGG.
Holdings Overlap
We hold position weights for 389 holdings in JHCR and 126 in MAGG, totalling 40.8% and 67.4% 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, 8 positions appear in both.
8 positions in common, counted across the 389 positions we hold weights for in JHCR and 126 in MAGG, against full books of 1,940 and 406.
Top Shared Holdings
| Stock | Weight in JHCR | Weight in MAGG | Difference |
|---|---|---|---|
| FR SD8276Fr Sd8276 5 12/01/2052 | 0.38% | 0.92% | 0.54% |
| TFC V5.867 06/08/34 | 0.21% | 0.51% | 0.30% |
| DVN 5.2 09/15/34Devon Ene 5.2% 09/15/34 | 0.11% | 0.53% | 0.42% |
| EPD 5.35 01/31/33Enterprise Produ 5.35 01/31/2033 | 0.06% | 0.54% | 0.48% |
| AMGN 5.65 03/02/53Amgen Inc 5.65 03/02/2053 | 0.16% | 0.35% | 0.19% |
| USB V4.839 02/01/34Usb 4.839 02/01/34 | 0.14% | 0.36% | 0.22% |
| SJM 6.2 11/15/33J M Smucker Co 6.2% Nov 15, 2033 6.2 11/15/2033 | 0.10% | 0.32% | 0.22% |
| ET 5.6 09/01/34Energy Transfer Lp Regd 5.60000000 09/01/2034 | 0.08% | 0.23% | 0.15% |
You are not choosing between two funds in isolation.
Whichever of JHCR and MAGG 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, JHCR or MAGG?
JHCR has an expense ratio of 0.29% while MAGG charges 0.36%. JHCR is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, JHCR or MAGG?
Over the past year JHCR returned -2.08% vs -1.91% for MAGG, so MAGG leads on 1-year performance. Over the longest common window we track (2 years), JHCR annualized +2.59% vs +2.47% for MAGG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHCR or MAGG?
MAGG has been the more volatile fund at 4.0% annualized versus 3.9% for JHCR. Worst drawdown: JHCR -5.0% vs MAGG -5.1%.
Should I hold both JHCR and MAGG?
JHCR and MAGG have a monthly-return correlation of 0.98, 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, JHCR or MAGG?
JHCR yields 4.36% while MAGG yields 5.05%, so MAGG currently pays the higher dividend yield.
Is MAGG better than JHCR?
JHCR has a lower expense ratio. JHCR led over the full window, MAGG over 1Y. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.