CPLB vs HPF

Comparison between NYLI MACKAY CORE PLUS BOND ETF (CPLB, ETF) and John Hancock Preferred Income Fund II (HPF, ETF).

5-Year PerformanceHPF has outperformed CPLB, delivering a return of +2.6% compared to +0.8%

CPLB vs HPF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPLB(ETF)	HPF(ETF)
Net Assets	$333M	$334M
Expense Ratio	0.30%	N/A
Max Drawdown	23.33%	74.26%
Sharpe Ratio	0.38	0.67
5Y Beta	0.04	0.38
5Y Dividends CAGR	N/A	1.61%

Net Assets

CPLB

$333M

Winner

HPF

$334M

Expense Ratio

CPLB

0.30%

HPF

N/A

Max Drawdown

Winner

CPLB

23.33%

HPF

74.26%

Sharpe Ratio

CPLB

0.38

Winner

HPF

0.67

5Y Beta

Winner

CPLB

0.04

HPF

0.38

5Y Dividends CAGR

CPLB

N/A

HPF

1.61%

CPLB vs HPF - Historical Returns

Returns include dividend reinvestment.

Period	CPLB	HPF
1 month	+0.42%	-1.16%
3 months	+0.41%	+2.94%
6 months	+1.35%	+2.79%
1 year	+5.07%	+9.47%
5 years(CAGR)	+0.81%	+2.60%
10 years(CAGR)	N/A	+5.17%
Max(CAGR)	+0.81%	+6.94%

Winner

CPLB

+0.42%

HPF

-1.16%

CPLB

+0.41%

Winner

HPF

+2.94%

CPLB

+1.35%

Winner

HPF

+2.79%

CPLB

+5.07%

Winner

HPF

+9.47%

5Y(CAGR)

CPLB

+0.81%

Winner

HPF

+2.60%

10Y(CAGR)

CPLB

N/A

HPF

+5.17%

Max(CAGR)

CPLB

+0.81%

Winner

HPF

+6.94%

CPLB vs HPF - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	CPLB	HPF
2026	+0.99%	+2.21%
2025	+7.64%	+5.47%
2024	+4.53%	+11.75%
2023	+6.60%	+9.70%
2022	-14.05%	-18.34%
2021	+0.38%	+19.11%
2020	N/A	-7.71%
2019	N/A	+24.95%
2018	N/A	-4.87%
2017	N/A	+13.87%
2016	N/A	+11.23%
2015	N/A	+3.45%
2014	N/A	+22.16%
2013	N/A	-12.91%
2012	N/A	+10.84%
2011	N/A	+22.05%
2010	N/A	+18.20%
2009	N/A	+34.03%
2008	N/A	-22.68%
2007	N/A	-20.11%
2006	N/A	+30.35%
2005	N/A	-7.39%
2004	N/A	+5.52%
2003	N/A	+13.94%
2002	N/A	-0.04%

CPLB vs HPF Drawdown Comparison

The maximum drawdown for CPLB was -18.96%, occurring on Oct 24, 2022. Recovery took 1026 trading sessions.

The maximum drawdown for HPF was -66.58%, occurring on Mar 9, 2009. Recovery took 806 trading sessions.

The current CPLB drawdown is -1.18%. The current HPF drawdown is -2.79%.

Rank	CPLB	HPF
#1	-18.96% Aug 3, 2021 - Sep 4, 2025	-66.58% May 10, 2007 - Jul 22, 2010
#2	-2.60% Feb 27, 2026 - Mar 27, 2026	-54.74% Feb 19, 2020 - Apr 1, 2021
#3	-1.06% Oct 27, 2025 - Nov 26, 2025	-31.20% Aug 30, 2021 - Sep 16, 2024
#4	-0.77% Nov 26, 2025 - Jan 7, 2026	-24.59% May 8, 2013 - Jan 9, 2015
#5	-0.63% Jul 8, 2021 - Jul 19, 2021	-21.13% Mar 31, 2004 - Nov 26, 2004
#6	-0.54% Sep 15, 2025 - Oct 13, 2025	-17.84% Sep 12, 2018 - Jan 31, 2019
#7	-0.52% Jan 14, 2026 - Jan 26, 2026	-16.95% Sep 8, 2016 - May 26, 2017
#8	-0.31% Jan 26, 2026 - Feb 5, 2026	-16.90% Oct 10, 2024 - Apr 8, 2025
#9	-0.30% Sep 8, 2025 - Sep 10, 2025	-15.14% Feb 9, 2005 - Mar 22, 2006
#10	-0.26% Jul 19, 2021 - Jul 27, 2021	-13.58% Jul 22, 2011 - Aug 29, 2011
#11	-0.23% Jan 7, 2026 - Jan 12, 2026	-11.26% Apr 24, 2015 - Jan 8, 2016
#12	-0.21% Feb 10, 2026 - Feb 12, 2026	-11.24% Oct 16, 2012 - Mar 20, 2013
#13	-0.19% Oct 21, 2025 - Oct 24, 2025	-9.84% Sep 9, 2010 - May 3, 2011
#14	-0.19% Oct 16, 2025 - Oct 20, 2025	-9.53% Aug 3, 2017 - Jun 8, 2018
#15	-0.14% Sep 11, 2025 - Sep 15, 2025	-9.52% Aug 31, 2011 - Dec 22, 2011

Correlation

Correlation between CPLB and HPF is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2003 - 2026)

CPLB vs HPF dividend yield comparison.

Year	CPLB	HPF
2026	2.28%	4.70%
2025	5.46%	9.22%
2024	5.40%	8.95%
2023	4.81%	9.39%
2022	3.17%	9.45%
2021	0.95%	7.10%
2020	0.00%	7.80%
2019	0.00%	7.32%
2018	0.00%	8.96%
2017	0.00%	7.82%
2016	0.00%	8.30%
2015	0.00%	7.85%
2014	0.00%	8.26%
2013	0.00%	9.39%
2012	0.00%	7.76%
2011	0.00%	8.41%
2010	0.00%	8.00%
2009	0.00%	9.10%
2008	0.00%	14.09%
2007	0.00%	9.97%
2006	0.00%	9.02%
2005	0.00%	10.32%
2004	0.00%	8.59%
2003	0.00%	9.17%