HPF vs SPY
Comparison between John Hancock Preferred Income Fund II (HPF, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed HPF, delivering a return of +13.3% compared to +2.9%
HPF vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HPF vs SPY - Historical Returns
Returns include dividend reinvestment.
HPF vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | HPF | SPY |
|---|---|---|
| 2026 | +2.06% | +8.26% |
| 2025 | +5.47% | +18.00% |
| 2024 | +11.75% | +25.59% |
| 2023 | +9.70% | +26.72% |
| 2022 | -18.34% | -18.64% |
| 2021 | +19.11% | +30.52% |
| 2020 | -7.71% | +17.28% |
| 2019 | +24.95% | +31.09% |
| 2018 | -4.87% | -5.24% |
| 2017 | +13.87% | +20.78% |
| 2016 | +11.23% | +13.59% |
| 2015 | +3.45% | +1.31% |
| 2014 | +22.16% | +14.56% |
| 2013 | -12.91% | +29.00% |
| 2012 | +10.84% | +14.17% |
| 2011 | +22.05% | +0.85% |
| 2010 | +18.20% | +13.14% |
| 2009 | +34.03% | +22.67% |
| 2008 | -22.68% | -36.25% |
| 2007 | -20.11% | +5.32% |
| 2006 | +30.35% | +13.85% |
| 2005 | -7.39% | +5.32% |
| 2004 | +5.52% | +10.75% |
| 2003 | +13.94% | +24.18% |
| 2002 | -0.04% | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
HPF vs SPY Drawdown Comparison
The maximum drawdown for HPF was -66.58%, occurring on Mar 9, 2009. Recovery took 806 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current HPF drawdown is -2.94%. The current SPY drawdown is -2.90%.
| Rank | HPF | SPY |
|---|---|---|
| #1 | -66.58% May 10, 2007 - Jul 22, 2010 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -54.74% Feb 19, 2020 - Apr 1, 2021 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -31.20% Aug 30, 2021 - Sep 16, 2024 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -24.59% May 8, 2013 - Jan 9, 2015 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -21.13% Mar 31, 2004 - Nov 26, 2004 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -17.84% Sep 12, 2018 - Jan 31, 2019 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -16.95% Sep 8, 2016 - May 26, 2017 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -16.90% Oct 10, 2024 - Apr 8, 2025 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -15.14% Feb 9, 2005 - Mar 22, 2006 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -13.58% Jul 22, 2011 - Aug 29, 2011 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -11.26% Apr 24, 2015 - Jan 8, 2016 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -11.24% Oct 16, 2012 - Mar 20, 2013 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -9.84% Sep 9, 2010 - May 3, 2011 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -9.53% Aug 3, 2017 - Jun 8, 2018 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -9.52% Aug 31, 2011 - Dec 22, 2011 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between HPF and SPY is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
HPF vs SPY dividend yield comparison.
| Year | HPF | SPY |
|---|---|---|
| 2026 | 3.90% | 0.24% |
| 2025 | 9.22% | 1.07% |
| 2024 | 8.95% | 1.21% |
| 2023 | 9.39% | 1.40% |
| 2022 | 9.45% | 1.65% |
| 2021 | 7.10% | 1.20% |
| 2020 | 7.80% | 1.52% |
| 2019 | 7.32% | 1.75% |
| 2018 | 8.96% | 2.04% |
| 2017 | 7.82% | 1.80% |
| 2016 | 8.30% | 2.03% |
| 2015 | 7.85% | 2.06% |
| 2014 | 8.26% | 1.87% |
| 2013 | 9.39% | 1.81% |
| 2012 | 7.76% | 2.18% |
| 2011 | 8.41% | 2.05% |
| 2010 | 8.00% | 1.80% |
| 2009 | 9.10% | 1.95% |
| 2008 | 14.09% | 3.02% |
| 2007 | 9.97% | 1.85% |
| 2006 | 9.02% | 1.73% |
| 2005 | 10.32% | 1.73% |
| 2004 | 8.59% | 1.82% |
| 2003 | 9.17% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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