JHPI vs TZA
Comparison between JOHN HANCOCK PREFERRED INCOME ETF (JHPI, ETF) and Direxion Small Cap Bear 3X ETF (TZA, ETF).
5-Year PerformanceJHPI has outperformed TZA, delivering a return of +3.7% compared to -32.0%
JHPI vs TZA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
JHPI vs TZA - Historical Returns
Returns include dividend reinvestment.
JHPI vs TZA - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | JHPI | TZA |
|---|---|---|
| 2026 | +1.53% | -44.63% |
| 2025 | +6.82% | -40.14% |
| 2024 | +10.77% | -33.52% |
| 2023 | +6.78% | -42.13% |
| 2022 | -9.64% | +35.32% |
| 2021 | +0.62% | -52.86% |
| 2020 | N/A | -80.41% |
| 2019 | N/A | -52.45% |
| 2018 | N/A | +28.74% |
| 2017 | N/A | -37.30% |
| 2016 | N/A | -58.67% |
| 2015 | N/A | -7.71% |
| 2014 | N/A | -31.55% |
| 2013 | N/A | -65.56% |
| 2012 | N/A | -46.46% |
| 2011 | N/A | -40.32% |
| 2010 | N/A | -65.58% |
| 2009 | N/A | -78.57% |
| 2008 | N/A | -59.11% |
JHPI vs TZA Drawdown Comparison
The maximum drawdown for JHPI was -13.45%, occurring on Mar 20, 2023. Recovery took 546 trading sessions.
The maximum drawdown for TZA was -100.00%, occurring on Jun 30, 2026. This drawdown has not yet recovered.
The current JHPI drawdown is -0.49%. The current TZA drawdown is -100.00%.
| Rank | JHPI | TZA |
|---|---|---|
| #1 | -13.45% Jan 3, 2022 - Mar 7, 2024 | -100.00% Nov 20, 2008 - Jun 30, 2026 |
| #2 | -4.04% Nov 8, 2024 - Jun 20, 2025 | N/A |
| #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 TZA is -0.92 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.
Dividend Comparison (2018 - 2026)
JHPI vs TZA dividend yield comparison.
| Year | JHPI | TZA |
|---|---|---|
| 2026 | 2.36% | 2.73% |
| 2025 | 5.73% | 5.08% |
| 2024 | 6.32% | 5.40% |
| 2023 | 6.44% | 5.49% |
| 2022 | 6.27% | 0.00% |
| 2021 | 0.24% | 0.00% |
| 2020 | 0.00% | 1.21% |
| 2019 | 0.00% | 1.56% |
| 2018 | 0.00% | 0.63% |
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