CIK vs JHI: Correlation
Credit Suisse Asset Management Income Fund, Inc. (CIK) and John Hancock Investors Trust (JHI) show a strong relationship: their 3-year correlation of weekly returns is 0.66.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIK and JHI?
Across a 3-year window, the weekly returns of CIK and JHI correlate at 0.66, strong. Little has changed lately, as the 1-year reading of 0.76 lands near the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 70.8 %².
Within CIK's tracked universe of 11 assets, JHI comes in at #5 by 3-year correlation. Over the last 12 months JHI came out ahead by 11.6 percentage points (-9.3% against +2.3%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CIK vs JHI: side by side
| CIK (Credit Suisse Asset Management Income Fund, Inc.) | JHI (John Hancock Investors Trust) | |
|---|---|---|
| 1-year return | -9.3% | +2.3% |
| 5-year return | +11.7% | +3.7% |
| Volatility (ann.) | 11.5% | 9.3% |
| Beta vs S&P 500 | 0.50 | 0.37 |
| Max drawdown (3Y) | -15.4% | -11.2% |
| Market cap | – | – |
| P/E (trailing) | 17.4 | 8.6 |
| Dividend yield | 11.11% | 9.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIK | JHI |
|---|---|---|
| 2022 | -19.0% | -29.5% |
| 2023 | +37.1% | +10.6% |
| 2024 | +1.2% | +14.4% |
| 2025 | +7.8% | +9.1% |
| 2026 | -8.1% | +1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIK and JHI good diversifiers for each other?
Only partially. A correlation of 0.66 means CIK and JHI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CIK and JHI?
As of 2026-08-27, the correlation of weekly returns between CIK and JHI is 0.66 over 3 years, 0.76 over 1 year and 0.62 over 5 years.
Is JHI a good diversifier for CIK?
Only partially. A correlation of 0.66 means CIK and JHI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.66 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cik-vs-jhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cik-vs-jhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CIK correlations · JHI correlations
