JHMB vs ETX

Comparison between JOHN HANCOCK MORTGAGE-BACKED SECURITIES ETF (JHMB, ETF) and Eaton Vance Municipal Income 2028 Term Trust (ETX, ETF).

5-Year PerformanceJHMB has outperformed ETX, delivering a return of +1.5% compared to +0.8%

JHMB vs ETX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JHMB(ETF)	ETX(ETF)
Net Assets	$200M	$199M
Expense Ratio	0.39%	N/A
Max Drawdown	19.46%	32.76%
Sharpe Ratio	0.56	0.58
5Y Beta	0.00	0.08
5Y Dividends CAGR	N/A	3.62%

Net Assets

Winner

JHMB

$200M

ETX

$199M

Expense Ratio

JHMB

0.39%

ETX

N/A

Max Drawdown

Winner

JHMB

19.46%

ETX

32.76%

Sharpe Ratio

JHMB

0.56

Winner

ETX

0.58

5Y Beta

Winner

JHMB

0.00

ETX

0.08

5Y Dividends CAGR

JHMB

N/A

ETX

3.62%

JHMB vs ETX - Historical Returns

Returns include dividend reinvestment.

Period	JHMB	ETX
1 month	+1.41%	-1.04%
3 months	+0.33%	+1.06%
6 months	+0.85%	+0.30%
1 year	+6.66%	+8.67%
5 years(CAGR)	+1.55%	+0.84%
10 years(CAGR)	N/A	+3.32%
Max(CAGR)	+1.55%	+4.07%

Winner

JHMB

+1.41%

ETX

-1.04%

JHMB

+0.33%

Winner

ETX

+1.06%

Winner

JHMB

+0.85%

ETX

+0.30%

JHMB

+6.66%

Winner

ETX

+8.67%

5Y(CAGR)

Winner

JHMB

+1.55%

ETX

+0.84%

10Y(CAGR)

JHMB

N/A

ETX

+3.32%

Max(CAGR)

JHMB

+1.55%

Winner

ETX

+4.07%

JHMB vs ETX - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	JHMB	ETX
2026	+1.10%	+2.23%
2025	+8.41%	+11.55%
2024	+3.95%	+6.08%
2023	+7.54%	-0.69%
2022	-10.14%	-13.36%
2021	-0.79%	-4.59%
2020	N/A	+12.33%
2019	N/A	+17.34%
2018	N/A	-3.05%
2017	N/A	+9.16%
2016	N/A	+8.96%
2015	N/A	+10.25%
2014	N/A	+24.43%
2013	N/A	-24.56%

JHMB vs ETX Drawdown Comparison

The maximum drawdown for JHMB was -14.53%, occurring on Oct 24, 2022. Recovery took 720 trading sessions.

The maximum drawdown for ETX was -32.09%, occurring on Aug 16, 2013. Recovery took 649 trading sessions.

The current JHMB drawdown is -1.24%. The current ETX drawdown is -1.76%.

Rank	JHMB	ETX
#1	-14.53% Sep 22, 2021 - Aug 5, 2024	-32.09% May 3, 2013 - Nov 30, 2015
#2	-5.42% Sep 16, 2024 - Apr 4, 2025	-25.15% Dec 5, 2019 - Aug 3, 2020
#3	-3.47% Apr 4, 2025 - Aug 4, 2025	-24.19% Jun 29, 2021 - Oct 28, 2025
#4	-3.01% Feb 27, 2026 - May 19, 2026	-11.85% Aug 22, 2016 - Aug 29, 2017
#5	-1.18% Aug 5, 2024 - Aug 21, 2024	-9.62% Oct 2, 2018 - Jan 24, 2019
#6	-0.89% Sep 15, 2025 - Oct 13, 2025	-8.40% Sep 15, 2017 - Oct 2, 2018
#7	-0.88% Oct 24, 2025 - Nov 26, 2025	-7.93% Mar 22, 2021 - Jun 29, 2021
#8	-0.67% Jan 14, 2026 - Jan 23, 2026	-6.85% Dec 31, 2020 - Mar 22, 2021
#9	-0.63% Nov 26, 2025 - Dec 16, 2025	-6.85% Sep 9, 2020 - Nov 25, 2020
#10	-0.61% Jan 23, 2026 - Feb 10, 2026	-6.76% Sep 10, 2019 - Oct 8, 2019
#11	-0.46% Aug 5, 2025 - Aug 22, 2025	-5.69% Oct 8, 2019 - Dec 5, 2019
#12	-0.42% Aug 23, 2024 - Sep 4, 2024	-4.93% Oct 28, 2025 - May 19, 2026
#13	-0.41% Dec 30, 2025 - Jan 9, 2026	-4.14% Jul 7, 2016 - Aug 8, 2016
#14	-0.34% Dec 16, 2025 - Dec 26, 2025	-3.40% May 16, 2016 - Jun 3, 2016
#15	-0.31% Aug 21, 2024 - Aug 23, 2024	-3.09% Dec 2, 2020 - Dec 29, 2020

Correlation

Correlation between JHMB and ETX is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2013 - 2026)

JHMB vs ETX dividend yield comparison.

Year	JHMB	ETX
2026	1.64%	2.51%
2025	4.48%	5.02%
2024	4.88%	5.33%
2023	4.04%	4.15%
2022	4.17%	4.62%
2021	0.98%	3.96%
2020	0.00%	3.60%
2019	0.00%	3.88%
2018	0.00%	4.46%
2017	0.00%	4.11%
2016	0.00%	4.33%
2015	0.00%	4.59%
2014	0.00%	5.26%
2013	0.00%	3.39%