John Hancock Funds Alternative Asset Allocation Fund (JAAAX) Alternatives
John Hancock Funds Alternative Asset Allocation Fund (JAAAX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JAAAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to JAAAX
JAAAX charges 0.72% annually. Among mutual funds in the Multistrategy category, these options have the lowest expense ratios among JAAAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | Dec 13, 2015 | JAAAX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | Nov 11, 2018 | JAAAX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | Feb 14, 2018 | JAAAX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | May 1, 2019 | JAAAX vs GAAVX | |
| Allspring Alternative Risk Premia Fund | 0.72% | Jan 28, 2019 | JAAAX vs WRPIX |
Best Risk-Adjusted Alternatives to JAAAX
Among mutual funds in the Multistrategy category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | Dec 9, 2013 | JAAAX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | Aug 14, 2017 | JAAAX vs ARBIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 99 | Feb 1, 2013 | JAAAX vs SHRIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | Jan 15, 2009 | JAAAX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | Jan 15, 2009 | JAAAX vs ADANX |
Top Performing JAAAX Alternatives (YTD)
JAAAX alternatives from the Multistrategy category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AQR Style Premia Alternative R6 | 9.99% | Sep 2, 2014 | JAAAX vs QSPRX | |
| AQR Style Premia Alternative Fund Class N | 9.96% | Oct 30, 2013 | JAAAX vs QSPNX | |
| AQR Style Premia Alternative Fund | 9.94% | Oct 29, 2013 | JAAAX vs QSPIX | |
| Allspring Alternative Risk Premia Fund | 9.08% | Jan 28, 2019 | JAAAX vs WRPIX | |
| AQR Alternative Risk Premia R6 | 8.62% | Sep 19, 2017 | JAAAX vs QRPRX |
Lowest Volatility Alternatives to JAAAX
JAAAX alternatives from the Multistrategy category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.26% | Aug 14, 2017 | JAAAX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.53% | Jan 15, 2009 | JAAAX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.54% | Jan 15, 2009 | JAAAX vs ADAIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 2.10% | Feb 22, 2018 | JAAAX vs TMSRX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.40% | Feb 1, 2013 | JAAAX vs SHRIX |
Lowest Drawdown Alternatives to JAAAX
JAAAX alternatives from the Multistrategy category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | Aug 14, 2017 | JAAAX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | Dec 9, 2013 | JAAAX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class I | -0.64% | Jan 15, 2009 | JAAAX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | -0.64% | Jan 15, 2009 | JAAAX vs ADANX | |
| FS Credit Income Fund Class I | -1.31% | Nov 1, 2017 | JAAAX vs FCRIX |
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Often Compared With JAAAX
What investors most often compare with JAAAX, based on PortfoliosLab usage data.
Compare JAAAX with Any Fund or Stock
Compare JAAAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.