JHCB vs KCCA

Comparison between JOHN HANCOCK CORPORATE BOND ETF (JHCB, ETF) and KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF).

5-Year PerformanceJHCB has outperformed KCCA, delivering a return of +0.6% compared to -2.7%

JHCB vs KCCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JHCB(ETF)	KCCA(ETF)
Net Assets	$107M	$107M
Expense Ratio	0.29%	0.91%
Max Drawdown	25.82%	54.18%
Sharpe Ratio	0.25	0.87
5Y Beta	0.12	-0.11
5Y Dividends CAGR	62.08%	N/A

Net Assets

Winner

JHCB

$107M

KCCA

$107M

Expense Ratio

Winner

JHCB

0.29%

KCCA

0.91%

Max Drawdown

Winner

JHCB

25.82%

KCCA

54.18%

Sharpe Ratio

JHCB

0.25

Winner

KCCA

0.87

5Y Beta

JHCB

0.12

Winner

KCCA

-0.11

5Y Dividends CAGR

JHCB

62.08%

KCCA

N/A

JHCB vs KCCA - Historical Returns

Returns include dividend reinvestment.

Period	JHCB	KCCA
1 month	-0.04%	+11.60%
3 months	-0.60%	+9.89%
6 months	-0.20%	+2.69%
1 year	+5.06%	+16.64%
5 years(CAGR)	+0.58%	-2.72%
Max(CAGR)	+0.97%	-2.72%

JHCB

-0.04%

Winner

KCCA

+11.60%

JHCB

-0.60%

Winner

KCCA

+9.89%

JHCB

-0.20%

Winner

KCCA

+2.69%

JHCB

+5.06%

Winner

KCCA

+16.64%

5Y(CAGR)

Winner

JHCB

+0.58%

KCCA

-2.72%

Max(CAGR)

Winner

JHCB

+0.97%

KCCA

-2.72%

JHCB vs KCCA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	JHCB	KCCA
2026	+0.04%	-3.14%
2025	+8.02%	-11.72%
2024	+3.54%	-15.68%
2023	+8.49%	+36.55%
2022	-15.13%	-19.70%
2021	+3.41%	+8.91%

JHCB vs KCCA Drawdown Comparison

The maximum drawdown for JHCB was -22.60%, occurring on Oct 20, 2022. Recovery took 1055 trading sessions.

The maximum drawdown for KCCA was -41.11%, occurring on Apr 14, 2025. This drawdown has not yet recovered.

The current JHCB drawdown is -1.34%. The current KCCA drawdown is -30.08%.

Rank	JHCB	KCCA
#1	-22.60% Aug 3, 2021 - Oct 15, 2025	-41.11% Feb 5, 2024 - Apr 14, 2025
#2	-3.16% Feb 20, 2026 - Mar 27, 2026	-34.85% Nov 15, 2021 - Jan 5, 2024
#3	-1.55% Oct 28, 2025 - Feb 12, 2026	-7.15% Oct 5, 2021 - Oct 22, 2021
#4	-1.00% May 7, 2021 - May 25, 2021	-2.08% Oct 25, 2021 - Oct 29, 2021
#5	-0.76% Jul 7, 2021 - Jul 15, 2021	-1.69% Jan 19, 2024 - Feb 1, 2024
#6	-0.74% Apr 15, 2021 - May 6, 2021	-1.40% Nov 1, 2021 - Nov 9, 2021
#7	-0.69% Jun 18, 2021 - Jul 2, 2021	-1.32% Jan 8, 2024 - Jan 17, 2024
#8	-0.67% Jun 11, 2021 - Jun 18, 2021	-0.16% Jan 17, 2024 - Jan 19, 2024
#9	-0.50% Jul 19, 2021 - Aug 2, 2021	N/A
#10	-0.34% Apr 1, 2021 - Apr 6, 2021	N/A
#11	-0.26% Apr 8, 2021 - Apr 13, 2021	N/A
#12	-0.26% Jun 2, 2021 - Jun 4, 2021	N/A
#13	-0.21% Apr 6, 2021 - Apr 8, 2021	N/A
#14	-0.19% May 26, 2021 - Jun 2, 2021	N/A
#15	-0.14% Oct 22, 2025 - Oct 24, 2025	N/A

Correlation

Correlation between JHCB and KCCA is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

-101