John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) 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 JAKVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JAKVX
JAKVX charges 1.54% annually. There are 24 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 | JAKVX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | JAKVX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 11.94M | Jan 2026 | JAKVX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | JAKVX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | JAKVX vs BTPIX |
Best Risk-Adjusted Alternatives to JAKVX
JAKVX has a PortfoliosLab risk / return rank of 81. There are 6 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 94 | — | Dec 2012 | JAKVX vs BDMIX | |
| Boston Partners Long/Short Equity Fund | 94 | — | Nov 1998 | JAKVX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 86 | — | Oct 1998 | JAKVX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 86 | 561.90M | Nov 1998 | JAKVX vs VMNFX | |
| Multi-Manager Directional Alternative Strategies F... | 85 | — | Jan 2017 | JAKVX vs CDAZX |
Top Performing JAKVX Alternatives (YTD)
JAKVX is at 9.20% YTD. There are 11 mutual funds in the Long-Short category with higher YTD returns, going as high as 14.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Market Neutral Fund Investor Shares | 14.03% | 561.90M | Nov 1998 | JAKVX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 14.03% | — | Oct 1998 | JAKVX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 13.95% | — | Nov 1998 | JAKVX vs BPLEX | |
| Longboard Alternative Growth Fund | 12.82% | — | Mar 2015 | JAKVX vs LONGX | |
| Guggenheim Alpha Opportunity Fund | 12.71% | — | Jul 2003 | JAKVX vs SAOAX |
Lowest Volatility Alternatives to JAKVX
JAKVX has 7.80% 1-year volatility. There are 12 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.31% | — | Dec 2011 | JAKVX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.60% | — | Dec 2012 | JAKVX vs ASILX | |
| MFS Managed Wealth Fund | 5.88% | — | Jun 2014 | JAKVX vs MNWIX | |
| Knights of Columbus Long/Short Equity Fund | 6.11% | — | Dec 2019 | JAKVX vs KCEIX | |
| Wilmington Global Alpha Equities Fund | 6.17% | — | Jan 2012 | JAKVX vs WRAIX |
Lowest Drawdown Alternatives to JAKVX
JAKVX 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 | JAKVX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | JAKVX vs GTAPX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.24% | — | Dec 2012 | JAKVX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | JAKVX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | JAKVX 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 | 84 | 9.14% | — | Oct 1992 | JAKVX vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 92 | 5.23% | — | Jan 2009 | JAKVX vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 26 | 8.99% | — | Jun 1997 | JAKVX vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 53 | 8.04% | — | Nov 2012 | JAKVX vs JFIVX | |
| John Hancock Premium Dividend Fund | Dividend | 8 | 4.10% | — | Dec 1989 | JAKVX vs PDT | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 82 | 16.83% | — | Jan 1997 | JAKVX vs JVLIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 21 | 0.25% | — | Nov 1973 | JAKVX vs JHNBX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 37 | 25.48% | — | May 2019 | JAKVX vs JIJIX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 10 | -1.45% | — | Oct 1984 | JAKVX vs TAGRX | |
| John Hancock Small Cap Core Fund | Small Cap Blend Equities | 43 | 21.51% | — | Dec 2013 | JAKVX vs JCCIX |
Often Compared With JAKVX
Investors most often compare JAKVX with HECA, HFMF, ORR. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare JAKVX with Any Fund or Stock
Compare JAKVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JAKVX with funds that move differently
John Hancock Disciplined Value Global Long/Short Fund Class R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JAKVX.
Explore JAKVX Diversifiers