HPF vs CPLB

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

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

HPF vs CPLB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

HPF

$334M

CPLB

$333M

Expense Ratio

HPF

N/A

CPLB

0.30%

Max Drawdown

HPF

74.26%

Winner

CPLB

23.33%

Sharpe Ratio

Winner

HPF

0.67

CPLB

0.38

5Y Beta

HPF

0.38

Winner

CPLB

0.04

5Y Dividends CAGR

HPF

1.61%

CPLB

N/A

HPF vs CPLB - Historical Returns

Returns include dividend reinvestment.

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

HPF

-1.16%

Winner

CPLB

+0.42%

Winner

HPF

+2.94%

CPLB

+0.41%

Winner

HPF

+2.79%

CPLB

+1.35%

Winner

HPF

+9.47%

CPLB

+5.07%

5Y(CAGR)

Winner

HPF

+2.60%

CPLB

+0.81%

10Y(CAGR)

HPF

+5.17%

CPLB

N/A

Max(CAGR)

Winner

HPF

+6.94%

CPLB

+0.81%

HPF vs CPLB - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	HPF	CPLB
2026	+2.21%	+0.99%
2025	+5.47%	+7.64%
2024	+11.75%	+4.53%
2023	+9.70%	+6.60%
2022	-18.34%	-14.05%
2021	+19.11%	+0.38%
2020	-7.71%	N/A
2019	+24.95%	N/A
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 CPLB Drawdown Comparison

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

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

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

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

Correlation

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

0.90

-101

Dividend Comparison (2003 - 2026)

HPF vs CPLB dividend yield comparison.

Year	HPF	CPLB
2026	4.70%	2.28%
2025	9.22%	5.46%
2024	8.95%	5.40%
2023	9.39%	4.81%
2022	9.45%	3.17%
2021	7.10%	0.95%
2020	7.80%	0.00%
2019	7.32%	0.00%
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%