JMKIX vs JSDSX Fund Comparison

A comparison between JMKIX and JSDSX based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on JMKIX vs JSDSX

Here's an in depth look at the differences between John Hancock Funds Emerging Markets Debt Fund Class I($JMKIX) and JPMorgan Short Duration Core Plus Fund Class I($JSDSX).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

  • jmkix
  • Mutual Fund
  • Bond
  • High Yield Bond

John Hancock Funds Emerging Markets Debt Fund Class I

Expenses: 0.89% (Better than 1% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why »

  • jsdsx
  • Mutual Fund
  • Bond
  • High Yield Bond

JPMorgan Short Duration Core Plus Fund Class I

Expenses: 0.39% (Better than 1% of similar funds)

This is an OK choice for a High Yield Bond Bond fund. See why »

Both $JMKIX and $JSDSX are categorized as Mutual Funds. Mutual funds are often offered by 401(k) platforms and are essentially the same as ETFs. Mutual funds are generally offered by an investment platform – Fidelity has Fidelity mutual funds, Vanguard has Vanguard mutual funds. Mutual funds are ideal for retirement investing since you can invest any amount. That allows you to invest every last cent and benefit from the market.

The biggest disadvantage of mutual funds is that you're usually limited to the funds on your investment platform. If you're investing on Fidelity, you'll want to pick Fidelity mutual funds (or any ETF). Same with Vanguard. Some platforms offer mutual funds from other platforms, but they may charge a purchse or redemption fee. I'd recommend using the same platform as your funds – or stick to ETFs.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Both of these funds are BondHigh Yield Bond funds – which means they're likely both investing in about the same investments behind the scenes.

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

JMKIXJSDSX
Market Score 6.7 /10 8.7 /10
Category Score 0.0 /10 0.0 /10
Total6.78.7

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $JSDSX

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, JMKIX has an expense ratio of 0.89% while JSDSX has an expense ratio of 0.39%.

Winner: $JSDSX

Fund Size Comparison

One place these two funds differ is in their total assets under management. This is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

In the case of these two funds, JMKIX is a medium fund with 970 Million in assets under management. JSDSX, on the other hand, is a large fund with 3.43 Billion in assets under management.

Winner: $JSDSX, JPMorgan Short Duration Core Plus Fund Class I

Which Should You Choose? JMKIX or JSDSX?

Since both of these funds are BondHigh Yield Bond funds, you'll most likely only need to invest in one of these funds – not both. Running both of these funds through Minafi's FI Score algorithm, gives JMKIX a score of 41 and JSDSX a score of 70.

Neither of these funds has an FI Score above 90 – which is a red flag. I'd look into more funds to find one with a higher FI Score.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$JMKIX

John Hancock Funds Emerging Markets Debt Fund Class I

41

Read More
Ratings
Rating TypeRating
Expense Ratio Score6/10
Expense Rating1/10
Market Score7/10
Category Score0/10
Overview
OverviewDetails
Fund TypeMutual Fund
Inception DateDec-31-2009
ExchangeNMFQS
Expense Ratio0.890%
Net Assets970 Million
Yield5.29%
Holdings
DescriptionInfo
MarketBond
CategoryHigh Yield Bond
Sectors
  • Agency Mortgage-Backed 0.00%
  • Agency/Quasi-Agency 11.66%
  • Asset-Backed 0.00%
  • Bank Loan 0.00%
  • Cash & Equivalents 5.18%
  • Commercial MBS 0.00%
  • Convertible 0.21%
  • Corporate 45.01%
  • Corporate Bond 44.80%
  • Covered Bond 0.00%
  • Government 37.66%
  • Municipal 0.00%
  • Non-Agency Residential MBS 0.00%
  • Other 0.00%
  • Other Government Related 0.00%
  • Preferred 0.00%
  • Securitized 0.00%
  • Supranational 0.46%

$JSDSX

JPMorgan Short Duration Core Plus Fund Class I

70

Read More
Ratings
Rating TypeRating
Expense Ratio Score9/10
Expense Rating6/10
Market Score9/10
Category Score0/10
Overview
OverviewDetails
Fund TypeMutual Fund
Inception DateMar-1-2013
ExchangeNMFQS
Expense Ratio0.390%
Net Assets3.43 Billion
Yield2.44%
Holdings
DescriptionInfo
MarketBond
CategoryHigh Yield Bond
Sectors
  • Agency MBS ARM 0.00%
  • Agency MBS CMO 13.77%
  • Agency MBS Pass-Through 9.01%
  • Asset-Backed 11.71%
  • Bank Loan 0.00%
  • Cash & Equivalents 1.39%
  • Commercial MBS 5.99%
  • Convertible 5.26%
  • Corporate 42.67%
  • Corporate Bond 37.40%
  • Covered Bond 0.06%
  • Government 13.03%
  • Municipal 0.00%
  • Non-Agency Residential MBS 2.37%
  • Non-U.S. Government 0.58%
  • Other 0.00%
  • Other Government Related 0.09%
  • Preferred 0.00%
  • Securitized 42.91%
  • U.S. Agency 0.00%
  • U.S. Treasury 12.36%
  • U.S. Treasury Inflation-Protected 0.00%

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