HPF vs IVOL

Comparison between John Hancock Preferred Income Fund II (HPF, ETF) and QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF (IVOL, ETF).

5-Year PerformanceHPF has outperformed IVOL, delivering a return of +2.9% compared to -5.9%

HPF vs IVOL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HPF(ETF)	IVOL(ETF)
Net Assets	$338M	$339M
Expense Ratio	N/A	0.98%
Max Drawdown	74.26%	39.76%
Sharpe Ratio	0.73	-1.47
5Y Beta	0.39	-0.20
5Y Dividends CAGR	3.40%	-5.74%

Net Assets

HPF

$338M

Winner

IVOL

$339M

Expense Ratio

HPF

N/A

IVOL

0.98%

Max Drawdown

HPF

74.26%

Winner

IVOL

39.76%

Sharpe Ratio

Winner

HPF

0.73

IVOL

-1.47

5Y Beta

HPF

0.39

Winner

IVOL

-0.20

5Y Dividends CAGR

Winner

HPF

3.40%

IVOL

-5.74%

HPF vs IVOL - Historical Returns

Returns include dividend reinvestment.

Period	HPF	IVOL
1 month	-0.74%	-4.15%
3 months	+0.45%	-5.86%
6 months	+1.58%	-7.23%
1 year	+9.54%	-5.82%
5 years(CAGR)	+2.92%	-5.92%
10 years(CAGR)	+4.89%	N/A
Max(CAGR)	+6.94%	-1.43%

Winner

HPF

-0.74%

IVOL

-4.15%

Winner

HPF

+0.45%

IVOL

-5.86%

Winner

HPF

+1.58%

IVOL

-7.23%

Winner

HPF

+9.54%

IVOL

-5.82%

5Y(CAGR)

Winner

HPF

+2.92%

IVOL

-5.92%

10Y(CAGR)

HPF

+4.89%

IVOL

N/A

Max(CAGR)

Winner

HPF

+6.94%

IVOL

-1.43%

HPF vs IVOL - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	HPF	IVOL
2026	+2.06%	-6.68%
2025	+5.47%	+12.03%
2024	+11.75%	-10.51%
2023	+9.70%	-4.63%
2022	-18.34%	-12.97%
2021	+19.11%	-0.69%
2020	-7.71%	+14.96%
2019	+24.95%	+3.23%
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 IVOL Drawdown Comparison

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

The maximum drawdown for IVOL was -31.17%, occurring on Dec 18, 2024. This drawdown has not yet recovered.

The current HPF drawdown is -2.94%. The current IVOL drawdown is -26.94%.

Rank	HPF	IVOL
#1	-66.58% May 10, 2007 - Jul 22, 2010	-31.17% May 10, 2021 - Dec 18, 2024
#2	-54.74% Feb 19, 2020 - Apr 1, 2021	-8.02% Mar 6, 2020 - Mar 26, 2020
#3	-31.20% Aug 30, 2021 - Sep 16, 2024	-3.93% Mar 26, 2020 - Apr 8, 2020
#4	-24.59% May 8, 2013 - Jan 9, 2015	-3.23% Jun 6, 2019 - Feb 28, 2020
#5	-21.13% Mar 31, 2004 - Nov 26, 2004	-2.52% Apr 13, 2020 - May 8, 2020
#6	-17.84% Sep 12, 2018 - Jan 31, 2019	-2.26% Feb 16, 2021 - May 5, 2021
#7	-16.95% Sep 8, 2016 - May 26, 2017	-1.94% Aug 31, 2020 - Dec 2, 2020
#8	-16.90% Oct 10, 2024 - Apr 8, 2025	-1.50% May 16, 2019 - May 30, 2019
#9	-15.14% Feb 9, 2005 - Mar 22, 2006	-1.37% May 8, 2020 - Jun 4, 2020
#10	-13.58% Jul 22, 2011 - Aug 29, 2011	-1.22% Jun 5, 2020 - Aug 5, 2020
#11	-11.26% Apr 24, 2015 - Jan 8, 2016	-0.51% Aug 17, 2020 - Aug 25, 2020
#12	-11.24% Oct 16, 2012 - Mar 20, 2013	-0.47% Jan 21, 2021 - Feb 3, 2021
#13	-9.84% Sep 9, 2010 - May 3, 2011	-0.39% Dec 21, 2020 - Jan 4, 2021
#14	-9.53% Aug 3, 2017 - Jun 8, 2018	-0.39% Jan 7, 2021 - Jan 14, 2021
#15	-9.52% Aug 31, 2011 - Dec 22, 2011	-0.31% Feb 8, 2021 - Feb 12, 2021

Correlation

Correlation between HPF and IVOL is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101

Dividend Comparison (2003 - 2026)

HPF vs IVOL dividend yield comparison.

Year	HPF	IVOL
2026	3.90%	1.59%
2025	9.22%	3.61%
2024	8.95%	3.83%
2023	9.39%	3.73%
2022	9.45%	3.92%
2021	7.10%	3.93%
2020	7.80%	3.44%
2019	7.32%	2.02%
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%