HPF vs BSMR

Comparison between John Hancock Preferred Income Fund II (HPF, ETF) and INVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF (BSMR, ETF).

5-Year PerformanceHPF has outperformed BSMR, delivering a return of +2.9% compared to +0.5%

HPF vs BSMR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HPF(ETF)	BSMR(ETF)
Net Assets	$338M	$337M
Expense Ratio	N/A	0.18%
Max Drawdown	74.26%	13.63%
Sharpe Ratio	0.73	0.15
5Y Beta	0.39	0.00
5Y Dividends CAGR	3.40%	16.82%

Net Assets

Winner

HPF

$338M

BSMR

$337M

Expense Ratio

HPF

N/A

BSMR

0.18%

Max Drawdown

HPF

74.26%

Winner

BSMR

13.63%

Sharpe Ratio

Winner

HPF

0.73

BSMR

0.15

5Y Beta

HPF

0.39

Winner

BSMR

0.00

5Y Dividends CAGR

HPF

3.40%

Winner

BSMR

16.82%

HPF vs BSMR - Historical Returns

Returns include dividend reinvestment.

Period	HPF	BSMR
1 month	-0.74%	+0.21%
3 months	+0.45%	+0.20%
6 months	+1.58%	+1.13%
1 year	+9.54%	+3.88%
5 years(CAGR)	+2.92%	+0.45%
10 years(CAGR)	+4.89%	N/A
Max(CAGR)	+6.94%	+1.21%

HPF

-0.74%

Winner

BSMR

+0.21%

Winner

HPF

+0.45%

BSMR

+0.20%

Winner

HPF

+1.58%

BSMR

+1.13%

Winner

HPF

+9.54%

BSMR

+3.88%

5Y(CAGR)

Winner

HPF

+2.92%

BSMR

+0.45%

10Y(CAGR)

HPF

+4.89%

BSMR

N/A

Max(CAGR)

Winner

HPF

+6.94%

BSMR

+1.21%

HPF vs BSMR - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	HPF	BSMR
2026	+2.06%	+0.86%
2025	+5.47%	+2.89%
2024	+11.75%	+1.69%
2023	+9.70%	+4.32%
2022	-18.34%	-7.56%
2021	+19.11%	+1.08%
2020	-7.71%	+4.93%
2019	+24.95%	+0.16%
2018	-4.87%	N/A
2017	+13.87%	N/A
2016	+11.23%	N/A
2015	+3.45%	N/A
2014	+22.16%	N/A
2013	-12.91%	N/A
2012	+10.84%	N/A
2011	+22.05%	N/A
2010	+18.20%	N/A
2009	+34.03%	N/A
2008	-22.68%	N/A
2007	-20.11%	N/A
2006	+30.35%	N/A
2005	-7.39%	N/A
2004	+5.52%	N/A
2003	+13.94%	N/A
2002	-0.04%	N/A

HPF vs BSMR Drawdown Comparison

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

The maximum drawdown for BSMR was -13.49%, occurring on Mar 23, 2020. Recovery took 112 trading sessions.

The current HPF drawdown is -2.94%. The current BSMR drawdown is -0.14%.

Rank	HPF	BSMR
#1	-66.58% May 10, 2007 - Jul 22, 2010	-13.49% Mar 2, 2020 - Aug 10, 2020
#2	-54.74% Feb 19, 2020 - Apr 1, 2021	-12.01% Jul 19, 2021 - Nov 25, 2025
#3	-31.20% Aug 30, 2021 - Sep 16, 2024	-2.46% Feb 11, 2021 - Jun 9, 2021
#4	-24.59% May 8, 2013 - Jan 9, 2015	-2.10% Aug 10, 2020 - Dec 3, 2020
#5	-21.13% Mar 31, 2004 - Nov 26, 2004	-1.04% Oct 21, 2019 - Jan 6, 2020
#6	-17.84% Sep 12, 2018 - Jan 31, 2019	-0.67% Jun 15, 2021 - Jul 8, 2021
#7	-16.95% Sep 8, 2016 - May 26, 2017	-0.57% Feb 25, 2026 - Jun 3, 2026
#8	-16.90% Oct 10, 2024 - Apr 8, 2025	-0.43% Jan 31, 2020 - Feb 18, 2020
#9	-15.14% Feb 9, 2005 - Mar 22, 2006	-0.31% Jan 5, 2021 - Jan 26, 2021
#10	-13.58% Jul 22, 2011 - Aug 29, 2011	-0.27% Jan 26, 2026 - Feb 5, 2026
#11	-11.26% Apr 24, 2015 - Jan 8, 2016	-0.23% Feb 10, 2026 - Feb 13, 2026
#12	-11.24% Oct 16, 2012 - Mar 20, 2013	-0.14% Dec 17, 2025 - Dec 23, 2025
#13	-9.84% Sep 9, 2010 - May 3, 2011	-0.14% Jun 3, 2026 - Jun 5, 2026
#14	-9.53% Aug 3, 2017 - Jun 8, 2018	-0.13% Jul 8, 2021 - Jul 15, 2021
#15	-9.52% Aug 31, 2011 - Dec 22, 2011	-0.12% Dec 28, 2020 - Jan 5, 2021

Correlation

Correlation between HPF and BSMR is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2003 - 2026)

HPF vs BSMR dividend yield comparison.

Year	HPF	BSMR
2026	3.90%	1.12%
2025	9.22%	2.77%
2024	8.95%	2.78%
2023	9.39%	2.72%
2022	9.45%	1.40%
2021	7.10%	1.00%
2020	7.80%	1.49%
2019	7.32%	0.45%
2018	8.96%	0.00%
2017	7.82%	0.00%
2016	8.30%	0.00%
2015	7.85%	0.00%
2014	8.26%	0.00%
2013	9.39%	0.00%
2012	7.76%	0.00%
2011	8.41%	0.00%
2010	8.00%	0.00%
2009	9.10%	0.00%
2008	14.09%	0.00%
2007	9.97%	0.00%
2006	9.02%	0.00%
2005	10.32%	0.00%
2004	8.59%	0.00%
2003	9.17%	0.00%