HPS vs TECB

Comparison between John Hancock Preferred Income Fund III (HPS, ETF) and ISHARES U.S. TECH BREAKTHROUGH MULTISECTOR ETF (TECB, ETF).

5-Year PerformanceTECB has outperformed HPS, delivering a return of +13.5% compared to +2.9%

HPS vs TECB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HPS(ETF)	TECB(ETF)
Net Assets	$452M	$452M
Expense Ratio	N/A	0.30%
Max Drawdown	77.70%	41.92%
Sharpe Ratio	0.78	1.28
5Y Beta	0.42	1.20
P/E Ratio	N/A	38.72
Forward P/E	N/A	23.62
5Y Dividends CAGR	3.40%	-2.76%
5Y EPS CAGR	N/A	22.06%
Debt to Equity	N/A	40.54%
P/S Ratio	N/A	6.52
P/B Ratio	N/A	6.88

Net Assets

HPS

$452M

Winner

TECB

$452M

Expense Ratio

HPS

N/A

TECB

0.30%

Max Drawdown

HPS

77.70%

Winner

TECB

41.92%

Sharpe Ratio

HPS

0.78

Winner

TECB

1.28

5Y Beta

Winner

HPS

0.42

TECB

1.20

P/E Ratio

HPS

N/A

TECB

38.72

Forward P/E

HPS

N/A

TECB

23.62

5Y Dividends CAGR

Winner

HPS

3.40%

TECB

-2.76%

5Y EPS CAGR

HPS

N/A

TECB

22.06%

Debt to Equity

HPS

N/A

TECB

40.54%

P/S Ratio

HPS

N/A

TECB

6.52

P/B Ratio

HPS

N/A

TECB

6.88

HPS vs TECB - Historical Returns

Returns include dividend reinvestment.

Period	HPS	TECB
1 month	-1.37%	+6.32%
3 months	+0.49%	+19.89%
6 months	+2.99%	+12.23%
1 year	+10.95%	+28.34%
5 years(CAGR)	+2.86%	+13.54%
10 years(CAGR)	+5.33%	N/A
Max(CAGR)	+6.31%	+17.62%

HPS

-1.37%

Winner

TECB

+6.32%

HPS

+0.49%

Winner

TECB

+19.89%

HPS

+2.99%

Winner

TECB

+12.23%

HPS

+10.95%

Winner

TECB

+28.34%

5Y(CAGR)

HPS

+2.86%

Winner

TECB

+13.54%

10Y(CAGR)

HPS

+5.33%

TECB

N/A

Max(CAGR)

HPS

+6.31%

Winner

TECB

+17.62%

HPS vs TECB - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	HPS	TECB
2026	+3.41%	+15.12%
2025	+4.36%	+14.64%
2024	+14.60%	+26.69%
2023	+8.17%	+57.53%
2022	-16.45%	-34.46%
2021	+17.69%	+21.42%
2020	-3.55%	+39.91%
2019	+28.82%	N/A
2018	-8.46%	N/A
2017	+13.28%	N/A
2016	+7.82%	N/A
2015	+6.30%	N/A
2014	+23.11%	N/A
2013	-11.53%	N/A
2012	+17.90%	N/A
2011	+15.87%	N/A
2010	+15.98%	N/A
2009	+43.51%	N/A
2008	-32.58%	N/A
2007	-13.59%	N/A
2006	+19.64%	N/A
2005	-4.03%	N/A
2004	-0.54%	N/A
2003	+3.37%	N/A

HPS vs TECB Drawdown Comparison

The maximum drawdown for HPS was -69.92%, occurring on Mar 9, 2009. Recovery took 830 trading sessions.

The maximum drawdown for TECB was -41.62%, occurring on Oct 14, 2022. Recovery took 550 trading sessions.

The current HPS drawdown is -2.65%. The current TECB drawdown is -6.13%.

Rank	HPS	TECB
#1	-69.92% Apr 10, 2007 - Jul 26, 2010	-41.62% Nov 8, 2021 - Jan 18, 2024
#2	-52.10% Feb 6, 2020 - Mar 31, 2021	-27.96% Feb 19, 2020 - May 20, 2020
#3	-29.36% Nov 1, 2021 - Jun 27, 2024	-23.91% Feb 18, 2025 - Jun 26, 2025
#4	-22.85% May 9, 2013 - Nov 25, 2014	-16.24% Oct 28, 2025 - May 1, 2026
#5	-21.28% Sep 12, 2018 - Feb 28, 2019	-12.26% Jul 10, 2024 - Oct 8, 2024
#6	-19.34% Apr 1, 2004 - Oct 15, 2004	-11.22% Sep 2, 2020 - Dec 7, 2020
#7	-17.68% Sep 8, 2016 - Jun 6, 2017	-11.20% Feb 12, 2021 - Apr 15, 2021
#8	-17.54% Sep 30, 2024 - Apr 8, 2025	-8.54% Mar 12, 2024 - May 20, 2024
#9	-16.38% Jun 23, 2011 - Aug 29, 2011	-8.37% Apr 15, 2021 - Jun 10, 2021
#10	-13.48% Nov 24, 2004 - Aug 21, 2006	-8.30% Sep 3, 2021 - Nov 4, 2021
#11	-11.26% Sep 24, 2010 - May 12, 2011	-7.65% Dec 6, 2024 - Feb 18, 2025
#12	-11.17% Apr 9, 2015 - Dec 23, 2015	-6.13% Jun 1, 2026 - Jun 5, 2026
#13	-11.13% Sep 1, 2011 - Oct 27, 2011	-5.34% Jun 10, 2020 - Jun 22, 2020
#14	-10.92% Oct 8, 2012 - Jan 23, 2013	-4.30% Jul 20, 2020 - Aug 3, 2020
#15	-9.00% Jul 2, 2003 - Nov 28, 2003	-4.30% Feb 9, 2024 - Feb 29, 2024

Correlation

Correlation between HPS and TECB is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2003 - 2026)

HPS vs TECB dividend yield comparison.

Year	HPS	TECB
2026	3.80%	0.05%
2025	9.16%	0.33%
2024	8.78%	0.35%
2023	9.34%	0.23%
2022	9.15%	0.61%
2021	7.04%	0.35%
2020	7.63%	0.77%
2019	7.41%	0.00%
2018	9.26%	0.00%
2017	7.82%	0.00%
2016	8.27%	0.00%
2015	7.53%	0.00%
2014	8.21%	0.00%
2013	9.41%	0.00%
2012	7.71%	0.00%
2011	8.54%	0.00%
2010	8.42%	0.00%
2009	9.18%	0.00%
2008	14.39%	0.00%
2007	9.88%	0.00%
2006	7.39%	0.00%
2005	9.65%	0.00%
2004	9.42%	0.00%
2003	3.60%	0.00%