John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JAKRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JAKRX
JAKRX charges 1.91% annually. There are 39 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | JAKRX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | JAKRX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 11.94M | Jan 2026 | JAKRX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | JAKRX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | JAKRX vs BTPIX |
Best Risk-Adjusted Alternatives to JAKRX
JAKRX has a PortfoliosLab risk / return rank of 84. There are 6 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 95 | — | Nov 1998 | JAKRX vs BPLEX | |
| BlackRock Global Long/Short Equity Fund Class I | 94 | — | Dec 2012 | JAKRX vs BDMIX | |
| Vanguard Market Neutral Fund Institutional Shares | 87 | — | Oct 1998 | JAKRX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 87 | 561.90M | Nov 1998 | JAKRX vs VMNFX | |
| John Hancock Disciplined Value Global Long/Short F... | 85 | — | Apr 2014 | JAKRX vs JAKVX |
Top Performing JAKRX Alternatives (YTD)
JAKRX is at 9.32% YTD. There are 10 mutual funds in the Long-Short category with higher YTD returns, going as high as 14.80%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 14.80% | — | Nov 1998 | JAKRX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 13.60% | — | Oct 1998 | JAKRX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 13.60% | 561.90M | Nov 1998 | JAKRX vs VMNFX | |
| Longboard Alternative Growth Fund | 13.22% | — | Mar 2015 | JAKRX vs LONGX | |
| CRM Long/Short Opportunities Fund | 13.08% | — | Aug 2016 | JAKRX vs CRIHX |
Lowest Volatility Alternatives to JAKRX
JAKRX has 7.75% 1-year volatility. There are 11 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.30% | — | Dec 2011 | JAKRX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.58% | — | Dec 2012 | JAKRX vs ASILX | |
| MFS Managed Wealth Fund | 5.87% | — | Jun 2014 | JAKRX vs MNWIX | |
| Knights of Columbus Long/Short Equity Fund | 6.12% | — | Dec 2019 | JAKRX vs KCEIX | |
| Wilmington Global Alpha Equities Fund | 6.16% | — | Jan 2012 | JAKRX vs WRAIX |
Lowest Drawdown Alternatives to JAKRX
JAKRX has a 1-year max drawdown of -5.16%. There are 13 mutual funds in the Long-Short category with shallower 1-year drawdowns, going as shallow as -2.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -2.82% | — | Dec 2019 | JAKRX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | JAKRX vs GTAPX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.24% | — | Dec 2012 | JAKRX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | JAKRX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | JAKRX vs GARIX |
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 | 85 | 9.32% | — | Oct 1992 | JAKRX vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 92 | 4.99% | — | Jan 2009 | JAKRX vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 30 | 9.72% | — | Jun 1997 | JAKRX vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 55 | 7.94% | — | Nov 2012 | JAKRX vs JFIVX | |
| John Hancock Premium Dividend Fund | Dividend | 9 | 4.35% | — | Dec 1989 | JAKRX vs PDT | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 84 | 16.91% | — | Jan 1997 | JAKRX vs JVLIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 26 | 0.69% | — | Nov 1973 | JAKRX vs JHNBX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 39 | 25.73% | — | May 2019 | JAKRX vs JIJIX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 10 | -1.28% | — | Oct 1984 | JAKRX vs TAGRX | |
| John Hancock Small Cap Core Fund | Small Cap Blend Equities | 47 | 22.69% | — | Dec 2013 | JAKRX vs JCCIX |
Often Compared With JAKRX
Investors most often compare JAKRX with PWLIX, SNOIX, JIBCX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare JAKRX with Any Fund or Stock
Compare JAKRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JAKRX with funds that move differently
John Hancock Disciplined Value Global Long/Short Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JAKRX.
Explore JAKRX Diversifiers