John Hancock Preferred Income ETF
The ETF.net JHPI Grade
B
Score 62 out of 100
- 7 of 31
Score 62 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C47 out of 100Rank 17 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A88 out of 100Rank 2 of 26Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 9 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 21 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A92 out of 100Rank 1 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C41 out of 100Rank 21 of 31
Our read on JHPI
In short
BA stock-picker's take on preferred income: JHPI skips the index entirely and lets its manager hunt preferreds it judges undervalued, with room to roam as far down as B-rated credit. Pays monthly.
Stated mandate
The fund seeks a high level of current income while preserving capital.
Why people hold it
Worth knowing
JHPI Holdings
- Bonds
- 218
- 11%
- Jh Ctf
Geography
- United States79.98%
- Canada10.10%
- Japan2.32%
- France2.19%
- Bermuda1.36%
- Switzerland1.29%
- Germany1.17%
- Spain0.86%
- 0.73%
JHPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
JHPI$10,002
Returns run to the Nov 5, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JHPI |
|---|---|
| Year to date | −0.7% |
| 1 month | +0.5% |
| 3 months | −2.6% |
| 1 year | 0.0% |
| 3 years | +7.9% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JHPI |
|---|---|---|
| 2026 YTD | −0.7% | |
| 2025 | +7.4% | |
| 2024 | +10.6% | |
| 2023 | +7.2% | |
| 2022 | −9.5% | |
| 2021 | +0.6% |
JHPI in the news
JHPI Dividends
- 6.18%
- $1.34
- $0.14 per share
- Monthly
JHPI Risk
- 5.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.75
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −13.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
JHPI Cost
Overpaying vs PFFD, cheapest in Preferred Securities
$5,961
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
JHPI 0.54%
$10,720
PFFD 0.23% Cheapest
$4,759
Cost over time
Year by year
| Year | JHPI | PFFD | Overpaying |
|---|---|---|---|
| 10 | $971 | $419 | $552 |
| 20 | $3,724 | $1,630 | $2,094 |
| 30 | $10,720 | $4,759 | $5,961 |
You pay 0.54%Waived by John Hancock Investments 0.12%
Full fee 0.66% waiver 0.12% you pay 0.54%
Other funds in Preferred Securities
- BVRPInvesco Variable Rate Preferred ETFExpense ratio 0.50%1 year return +1.8%
- BPSKState Street SPDR ICE Preferred Securities ETFExpense ratio 0.45%1 year return −7.7%
- BPFXFVanEck Preferred Securities ex Financials ETFExpense ratio 0.40%1 year return −1.1%
- BPGXInvesco Preferred ETFExpense ratio 0.50%1 year return −7.2%
- BGPRFGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFExpense ratio 0.45%1 year return −0.9%
