John Hancock Financial Opportunities Fund (BTO) belongs to the Financials Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BTO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BTO
BTO charges 2.01% annually. There are 27 mutual funds in the Financials Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Financials Index Fund Admiral Shares | 0.09% | 13.50B | Feb 2004 | BTO vs VFAIX | |
| Fidelity Advisor Financial Services Fund Class Z | 0.64% | — | Oct 2018 | BTO vs FIKBX | |
| Fidelity Select Financial Services Portfolio | 0.73% | — | Dec 1981 | BTO vs FIDSX | |
| Fidelity Select Banking Portfolio | 0.73% | — | Jun 1986 | BTO vs FSRBX | |
| Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.75% | — | Jul 1985 | BTO vs FSLBX |
Best Risk-Adjusted Alternatives to BTO
BTO has a PortfoliosLab risk / return rank of 22. There are 9 mutual funds in the Financials Equities category with higher risk-adjusted ranks, going as high as 80.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Financial Services Fund | 80 | — | Oct 2018 | BTO vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 77 | — | Oct 2018 | BTO vs GAFSX | |
| RMB Mendon Financial Services Fund | 69 | — | Jun 1999 | BTO vs RMBKX | |
| Rydex Banking Fund | 41 | — | Apr 1998 | BTO vs RYKIX | |
| Hennessy Small Cap Financial Fund | 36 | — | Jan 1997 | BTO vs HSFNX |
Top Performing BTO Alternatives (YTD)
BTO is at 20.32% YTD. No mutual funds in the Financials Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 18.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| RMB Mendon Financial Services Fund | 18.97% | — | Jun 1999 | BTO vs RMBKX | |
| John Hancock Regional Bank Fund | 18.75% | — | Jan 1992 | BTO vs FRBAX | |
| Fidelity Select Banking Portfolio | 16.71% | — | Jun 1986 | BTO vs FSRBX | |
| Hennessy Small Cap Financial Fund | 15.61% | — | Jan 1997 | BTO vs HSFNX | |
| Rydex Banking Fund | 15.01% | — | Apr 1998 | BTO vs RYKIX |
Lowest Volatility Alternatives to BTO
BTO has 20.54% 1-year volatility. There are 22 mutual funds in the Financials Equities category with lower 1-year volatility, going as low as 7.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | 7.22% | — | Aug 2003 | BTO vs FLC | |
| Saratoga Financial Service Fund | 9.20% | — | Aug 2000 | BTO vs SFPAX | |
| Gabelli Global Financial Services Fund | 12.62% | — | Oct 2018 | BTO vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 12.67% | — | Oct 2018 | BTO vs GAFSX | |
| ICON Consumer Select Fund | 14.22% | — | Jul 1997 | BTO vs ICFSX |
Lowest Drawdown Alternatives to BTO
BTO has a 1-year max drawdown of -15.26%. There are 21 mutual funds in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -4.86%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Saratoga Financial Service Fund | -4.86% | — | Aug 2000 | BTO vs SFPAX | |
| Flaherty & Crumrine Total Return Fund Inc | -8.34% | — | Aug 2003 | BTO vs FLC | |
| Gabelli Global Financial Services Fund | -9.42% | — | Oct 2018 | BTO vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | -9.47% | — | Oct 2018 | BTO vs GAFSX | |
| RMB Mendon Financial Services Fund | -9.48% | — | Jun 1999 | BTO vs RMBKX |
Other Mutual Funds from John Hancock
The 10 most viewed John Hancock mutual funds shown here include SVBAX, JAAAX, JVMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| John Hancock Balanced Fund | Diversified Portfolio | 88 | 10.35% | — | Oct 1992 | BTO vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 95 | 6.01% | — | Jan 2009 | BTO vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 36 | 11.43% | — | Jun 1997 | BTO vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 67 | 11.13% | — | Nov 2012 | BTO vs JFIVX | |
| John Hancock Premium Dividend Fund | Dividend | 14 | 6.96% | — | Dec 1989 | BTO vs PDT | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 88 | 18.41% | — | Jan 1997 | BTO vs JVLIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 28 | 0.15% | — | Nov 1973 | BTO vs JHNBX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 30 | 19.12% | — | May 2019 | BTO vs JIJIX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 16 | 3.45% | — | Oct 1984 | BTO vs TAGRX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | 89 | 11.37% | — | Apr 2014 | BTO vs JAKVX |
Often Compared With BTO
Investors most often compare BTO with QQQ, EDF, JEPQ. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare BTO with Any Fund or Stock
Compare BTO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BTO with funds that move differently
John Hancock Financial Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BTO.
Explore BTO Diversifiers