JHPI vs DHF

Comparison between JOHN HANCOCK PREFERRED INCOME ETF (JHPI, ETF) and BNY Mellon High Yield Strategies Fund (DHF, ETF).

5-Year PerformanceJHPI has outperformed DHF, delivering a return of +3.8% compared to +2.7%

JHPI vs DHF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JHPI(ETF)	DHF(ETF)
Net Assets	$197M	$198M
Expense Ratio	0.54%	N/A
Max Drawdown	21.76%	84.99%
Sharpe Ratio	1.11	0.14
5Y Beta	0.13	0.40
5Y Dividends CAGR	N/A	-2.48%

Net Assets

JHPI

$197M

Winner

DHF

$198M

Expense Ratio

JHPI

0.54%

DHF

N/A

Max Drawdown

Winner

JHPI

21.76%

DHF

84.99%

Sharpe Ratio

Winner

JHPI

1.11

DHF

0.14

5Y Beta

Winner

JHPI

0.13

DHF

0.40

5Y Dividends CAGR

JHPI

N/A

DHF

-2.48%

JHPI vs DHF - Historical Returns

Returns include dividend reinvestment.

Period	JHPI	DHF
1 month	+0.33%	+1.15%
3 months	+1.46%	+3.93%
6 months	+2.52%	+1.05%
1 year	+8.15%	+3.99%
5 years(CAGR)	+3.81%	+2.73%
10 years(CAGR)	N/A	+5.85%
Max(CAGR)	+3.81%	+4.38%

JHPI

+0.33%

Winner

DHF

+1.15%

JHPI

+1.46%

Winner

DHF

+3.93%

Winner

JHPI

+2.52%

DHF

+1.05%

Winner

JHPI

+8.15%

DHF

+3.99%

5Y(CAGR)

Winner

JHPI

+3.81%

DHF

+2.73%

10Y(CAGR)

JHPI

N/A

DHF

+5.85%

Max(CAGR)

JHPI

+3.81%

Winner

DHF

+4.38%

JHPI vs DHF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	JHPI	DHF
2026	+1.70%	+0.34%
2025	+6.82%	+4.42%
2024	+10.77%	+20.54%
2023	+6.78%	+12.87%
2022	-9.64%	-24.19%
2021	+0.62%	+11.81%
2020	N/A	+6.03%
2019	N/A	+23.77%
2018	N/A	-10.01%
2017	N/A	+8.75%
2016	N/A	+20.76%
2015	N/A	-5.85%
2014	N/A	-3.44%
2013	N/A	+6.16%
2012	N/A	+2.76%
2011	N/A	+10.98%
2010	N/A	+32.33%
2009	N/A	+77.84%
2008	N/A	-32.39%
2007	N/A	-4.39%
2006	N/A	+17.49%
2005	N/A	-9.02%
2004	N/A	-2.32%
2003	N/A	+56.23%
2002	N/A	-17.18%
2001	N/A	-10.03%
2000	N/A	-30.51%
1999	N/A	-9.65%

JHPI vs DHF Drawdown Comparison

The maximum drawdown for JHPI was -13.45%, occurring on Mar 20, 2023. Recovery took 546 trading sessions.

The maximum drawdown for DHF was -60.22%, occurring on Nov 21, 2008. Recovery took 2542 trading sessions.

The current JHPI drawdown is -0.32%. The current DHF drawdown is -3.46%.

Rank	JHPI	DHF
#1	-13.45% Jan 3, 2022 - Mar 7, 2024	-60.22% Nov 3, 1999 - Dec 11, 2009
#2	-4.04% Nov 8, 2024 - Jun 20, 2025	-42.95% Feb 20, 2020 - Nov 23, 2020
#3	-3.07% Feb 20, 2026 - Mar 27, 2026	-37.83% Jun 30, 2021 - Jul 17, 2025
#4	-2.51% Mar 27, 2024 - May 15, 2024	-26.16% Jun 23, 2014 - Aug 23, 2016
#5	-1.70% Oct 27, 2025 - Jan 2, 2026	-19.30% Oct 2, 2018 - Apr 1, 2019
#6	-1.14% Oct 14, 2024 - Nov 8, 2024	-17.75% Jun 2, 2011 - Apr 2, 2012
#7	-1.00% Jul 17, 2024 - Aug 14, 2024	-14.63% May 8, 2013 - Apr 3, 2014
#8	-0.99% Jul 10, 2025 - Jul 31, 2025	-14.00% May 2, 2012 - Jan 29, 2013
#9	-0.96% May 17, 2024 - May 31, 2024	-11.38% Nov 10, 2010 - Feb 14, 2011
#10	-0.81% Oct 6, 2025 - Oct 21, 2025	-11.34% Sep 2, 2016 - Jan 27, 2017
#11	-0.79% Dec 15, 2021 - Dec 21, 2021	-11.34% Apr 5, 2010 - Jul 7, 2010
#12	-0.73% Sep 23, 2024 - Oct 14, 2024	-8.67% Feb 10, 2026 - Mar 20, 2026
#13	-0.71% Jun 18, 2024 - Jul 3, 2024	-7.54% Oct 10, 2017 - Oct 2, 2018
#14	-0.60% Sep 19, 2025 - Oct 6, 2025	-6.34% Jan 12, 2010 - Feb 23, 2010
#15	-0.51% Jun 6, 2024 - Jun 13, 2024	-5.19% Mar 2, 2017 - Apr 10, 2017

Correlation

Correlation between JHPI and DHF is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2000 - 2026)

JHPI vs DHF dividend yield comparison.

Year	JHPI	DHF
2026	1.82%	3.63%
2025	5.73%	8.47%
2024	6.32%	8.14%
2023	6.44%	7.86%
2022	6.27%	10.12%
2021	0.24%	8.24%
2020	0.00%	8.60%
2019	0.00%	8.52%
2018	0.00%	10.41%
2017	0.00%	8.98%
2016	0.00%	9.76%
2015	0.00%	11.30%
2014	0.00%	10.14%
2013	0.00%	9.88%
2012	0.00%	10.92%
2011	0.00%	11.51%
2010	0.00%	11.29%
2009	0.00%	9.97%
2008	0.00%	15.74%
2007	0.00%	9.14%
2006	0.00%	9.15%
2005	0.00%	10.66%
2004	0.00%	10.62%
2003	0.00%	11.56%
2002	0.00%	20.33%
2001	0.00%	16.29%
2000	0.00%	7.76%