HPI (John Hancock Preferredome Fund) 1-Year Sharpe Ratio: -0.20 (As of Jul. 12, 2026)


HPI John Hancock Preferred Income Fund HPI
30 GF Score
Price $16.35
! 6 Warning Signs
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What is John Hancock Preferredome Fund 1-Year Sharpe Ratio?

John Hancock Preferredome Fund HPI +0.18% 30 1-Year Sharpe Ratio is -0.20 as of Jul. 12, 2026. GuruFocus rates HPI with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-07-12), John Hancock Preferredome Fund's 1-Year Sharpe Ratio is -0.20.

John Hancock Preferredome Fund  (NYSE:HPI) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.

John Hancock Preferredome Fund 1-Year Sharpe Ratio Related Terms

HPI vs GLAD, FFA, ISD: 1-Year Sharpe Ratio Comparison

For the Asset Management subindustry, John Hancock Preferredome Fund's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

John Hancock Preferredome Fund 1-Year Sharpe Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where John Hancock Preferredome Fund's 1-Year Sharpe Ratio falls into.


HPI
30GF Score
John Hancock Preferred Income Fund HPI
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Preferredome Fund 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of -0.20 mean?
John Hancock Preferredome Fund (HPI) has a 1-Year Sharpe Ratio of -0.20 as of Jul. 12, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for John Hancock Preferredome Fund and its competitors.
Is John Hancock Preferredome Fund's 1-Year Sharpe Ratio too high?
John Hancock Preferredome Fund's current 1-Year Sharpe Ratio is -0.20. Overall, John Hancock Preferredome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's 1-Year Sharpe Ratio compare to GLAD and FFA?
John Hancock Preferredome Fund's 1-Year Sharpe Ratio of -0.20 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Sharpe Ratio for an Asset Management company?
A good 1-Year Sharpe Ratio depends on the Asset Management industry context. However, 1-Year Sharpe Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for John Hancock Preferredome Fund and its competitors. John Hancock Preferredome Fund's current 1-Year Sharpe Ratio is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current 1-Year Sharpe Ratio of -0.20. The current 1-Year Sharpe Ratio is -0.20. John Hancock Preferredome Fund's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For John Hancock Preferredome Fund (HPI), the current 1-Year Sharpe Ratio is -0.20 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Preferredome Fund Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
30GF Score

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1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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