JHPI vs SPDN

Comparison between JOHN HANCOCK PREFERRED INCOME ETF (JHPI, ETF) and DIREXION DAILY S&P 500 (R) BEAR 1X SHARES (SPDN, ETF).

JHPI vs SPDN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JHPI(ETF)	SPDN(ETF)
Net Assets	$197M	$198M
Expense Ratio	0.54%	0.48%
Max Drawdown	21.76%	79.61%
Sharpe Ratio	1.11	-1.51
5Y Beta	0.13	-0.97
5Y Dividends CAGR	N/A	89.77%

Net Assets

JHPI

$197M

Winner

SPDN

$198M

Expense Ratio

JHPI

0.54%

Winner

SPDN

0.48%

Max Drawdown

Winner

JHPI

21.76%

SPDN

79.61%

Sharpe Ratio

Winner

JHPI

1.11

SPDN

-1.51

5Y Beta

JHPI

0.13

Winner

SPDN

-0.97

5Y Dividends CAGR

JHPI

N/A

SPDN

89.77%

JHPI vs SPDN - Historical Returns

Returns include dividend reinvestment.

Period	JHPI	SPDN
1 month	+0.40%	-1.59%
3 months	+1.52%	-10.46%
6 months	+2.59%	-7.84%
1 year	+8.22%	-16.06%
5 years(CAGR)	+3.83%	-8.77%
10 years(CAGR)	N/A	-12.69%
Max(CAGR)	+3.83%	-12.48%

Winner

JHPI

+0.40%

SPDN

-1.59%

Winner

JHPI

+1.52%

SPDN

-10.46%

Winner

JHPI

+2.59%

SPDN

-7.84%

Winner

JHPI

+8.22%

SPDN

-16.06%

5Y(CAGR)

Winner

JHPI

+3.83%

SPDN

-8.77%

10Y(CAGR)

JHPI

N/A

SPDN

-12.69%

Max(CAGR)

Winner

JHPI

+3.83%

SPDN

-12.48%

JHPI vs SPDN - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	JHPI	SPDN
2026	+1.77%	-7.70%
2025	+6.82%	-11.32%
2024	+10.77%	-13.44%
2023	+6.78%	-15.40%
2022	-9.64%	+19.39%
2021	+0.62%	-24.71%
2020	N/A	-23.87%
2019	N/A	-21.99%
2018	N/A	+6.21%
2017	N/A	-16.49%
2016	N/A	-6.92%

JHPI vs SPDN Drawdown Comparison

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

The maximum drawdown for SPDN was -75.30%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current JHPI drawdown is -0.25%. The current SPDN drawdown is -75.13%.

Rank	JHPI	SPDN
#1	-13.45% Jan 3, 2022 - Mar 7, 2024	-75.30% Jun 27, 2016 - Jun 2, 2026
#2	-4.04% Nov 8, 2024 - Jun 20, 2025	-2.37% Jun 16, 2016 - Jun 24, 2016
#3	-3.07% Feb 20, 2026 - Mar 27, 2026	N/A
#4	-2.51% Mar 27, 2024 - May 15, 2024	N/A
#5	-1.70% Oct 27, 2025 - Jan 2, 2026	N/A
#6	-1.14% Oct 14, 2024 - Nov 8, 2024	N/A
#7	-1.00% Jul 17, 2024 - Aug 14, 2024	N/A
#8	-0.99% Jul 10, 2025 - Jul 31, 2025	N/A
#9	-0.96% May 17, 2024 - May 31, 2024	N/A
#10	-0.81% Oct 6, 2025 - Oct 21, 2025	N/A
#11	-0.79% Dec 15, 2021 - Dec 21, 2021	N/A
#12	-0.73% Sep 23, 2024 - Oct 14, 2024	N/A
#13	-0.71% Jun 18, 2024 - Jul 3, 2024	N/A
#14	-0.60% Sep 19, 2025 - Oct 6, 2025	N/A
#15	-0.51% Jun 6, 2024 - Jun 13, 2024	N/A

Correlation

Correlation between JHPI and SPDN is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

-101