FINS vs JHI: Correlation
Measured on weekly returns over the past three years, Angel Oak Financial Strategies Income Term Trust (FINS) and John Hancock Investors Trust (JHI) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FINS and JHI?
Across a 3-year window, the weekly returns of FINS and JHI correlate at 0.63, strong. The relationship has been stable: the 1-year correlation (0.71) sits close to the 3-year figure. Stretching to 5 years gives 0.54, with an annualized covariance of 47.7 %².
Within FINS's tracked universe of 12 assets, JHI comes in at #4 by 3-year correlation. Twelve-month performance is nearly a tie, at +6.2% for FINS and +2.3% for JHI.
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.
FINS vs JHI: side by side
| FINS (Angel Oak Financial Strategies Income Term Trust) | JHI (John Hancock Investors Trust) | |
|---|---|---|
| 1-year return | +6.2% | +2.3% |
| 5-year return | +12.5% | +3.7% |
| Volatility (ann.) | 8.2% | 9.3% |
| Beta vs S&P 500 | 0.28 | 0.37 |
| Max drawdown (3Y) | -6.0% | -11.2% |
| Market cap | $0.4B | – |
| P/E (trailing) | 7.6 | 8.6 |
| Dividend yield | 10.65% | 9.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FINS | JHI |
|---|---|---|
| 2022 | -18.2% | -29.5% |
| 2023 | +2.5% | +10.6% |
| 2024 | +18.3% | +14.4% |
| 2025 | +15.2% | +9.1% |
| 2026 | +2.9% | +1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FINS and JHI good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FINS and JHI?
As of 2026-08-27, the correlation of weekly returns between FINS and JHI is 0.63 over 3 years, 0.71 over 1 year and 0.54 over 5 years.
Is JHI a good diversifier for FINS?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 mean?
On the −1 to +1 scale, 0.63 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fins-vs-jhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fins-vs-jhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FINS correlations · JHI correlations
