JHancock Diversified Macro Fund (JDJIX) belongs to the Macro Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JDJIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JDJIX
JDJIX charges 1.39% annually. There are 6 mutual funds in the Macro Trading category with lower expense ratios, going as low as 0.78%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 0.78% | — | Oct 1990 | JDJIX vs CGFIX | |
| Fulcrum Diversified Absolute Return Fund | 1.04% | — | Jul 2015 | JDJIX vs FARYX | |
| MFS Global Alternative Strategy Fund | 1.05% | — | Dec 2007 | JDJIX vs DVRIX | |
| BlackRock Tactical Opportunities Fund | 1.08% | — | Dec 1988 | JDJIX vs PCBAX | |
| AQR Macro Opportunities Fund | 1.20% | — | Apr 2014 | JDJIX vs QGMIX |
Best Risk-Adjusted Alternatives to JDJIX
JDJIX has a PortfoliosLab risk / return rank of 17. There are 12 mutual funds in the Macro Trading category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Dec 2012 | JDJIX vs EGRAX | |
| Catalyst/Millburn Hedge Strategy Fund | 91 | — | Dec 2015 | JDJIX vs MBXAX | |
| BlackRock Tactical Opportunities Fund | 81 | — | Dec 1988 | JDJIX vs PCBAX | |
| Standpoint Multi-Asset Fund Investor Class | 80 | — | Dec 2019 | JDJIX vs REMIX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 80 | — | Sep 2016 | JDJIX vs RDMIX |
Top Performing JDJIX Alternatives (YTD)
JDJIX is at 9.74% YTD. There are 4 mutual funds in the Macro Trading category with higher YTD returns, going as high as 14.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund | 14.38% | — | Dec 2015 | JDJIX vs MBXAX | |
| Standpoint Multi-Asset Fund Investor Class | 13.09% | — | Dec 2019 | JDJIX vs REMIX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 12.42% | — | Sep 2016 | JDJIX vs RDMIX | |
| BlackRock Tactical Opportunities Fund | 9.99% | — | Dec 1988 | JDJIX vs PCBAX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 8.63% | — | Dec 2012 | JDJIX vs EGRAX |
Lowest Volatility Alternatives to JDJIX
JDJIX has 7.16% 1-year volatility. There are 8 mutual funds in the Macro Trading category with lower 1-year volatility, going as low as 3.09%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 3.09% | — | Oct 1990 | JDJIX vs CGFIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.57% | — | Dec 2012 | JDJIX vs EGRAX | |
| MFS Global Alternative Strategy Fund | 3.72% | — | Dec 2007 | JDJIX vs DVRIX | |
| OnTrack Core Fund | 4.13% | — | Jan 2013 | JDJIX vs OTRFX | |
| Dunham Dynamic Macro Fund | 4.29% | — | Apr 2010 | JDJIX vs DNAVX |
Lowest Drawdown Alternatives to JDJIX
JDJIX has a 1-year max drawdown of -5.72%. There are 9 mutual funds in the Macro Trading category with shallower 1-year drawdowns, going as shallow as -2.78%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | -2.78% | — | Oct 1990 | JDJIX vs CGFIX | |
| OnTrack Core Fund | -3.02% | — | Jan 2013 | JDJIX vs OTRFX | |
| BlackRock Tactical Opportunities Fund | -3.04% | — | Dec 1988 | JDJIX vs PCBAX | |
| MFS Global Alternative Strategy Fund | -3.08% | — | Dec 2007 | JDJIX vs DVRIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | -3.35% | — | Dec 2012 | JDJIX vs EGRAX |
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 | 87 | 10.24% | — | Oct 1992 | JDJIX vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 94 | 5.95% | — | Jan 2009 | JDJIX vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 29 | 11.79% | — | Jun 1997 | JDJIX vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 64 | 11.16% | — | Nov 2012 | JDJIX vs JFIVX | |
| John Hancock Premium Dividend Fund | Dividend | 11 | 6.30% | — | Dec 1989 | JDJIX vs PDT | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 85 | 18.73% | — | Jan 1997 | JDJIX vs JVLIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 21 | 0.08% | — | Nov 1973 | JDJIX vs JHNBX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 34 | 21.09% | — | May 2019 | JDJIX vs JIJIX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 13 | 3.03% | — | Oct 1984 | JDJIX vs TAGRX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | 91 | 11.68% | — | Apr 2014 | JDJIX vs JAKVX |
Often Compared With JDJIX
Investors most often compare JDJIX with HFGM, FMF, SWTSX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare JDJIX with Any Fund or Stock
Compare JDJIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JDJIX with funds that move differently
JHancock Diversified Macro Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JDJIX.
Explore JDJIX Diversifiers