- ISIN
- US47804M8780
- CUSIP
- 47804M878
- Issuer
- John Hancock
- Inception Date
- Dec 18, 2011
- Category
- Tactical Allocation
- Min. Investment
- $250,000
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
JHAIX Performance Chart
JHancock Multi-Asset Absolute Return Fund (JHAIX) is up 1.8% since the beginning of the year. JHAIX is currently trading at $11 per share. Investors who bought $1,000 worth of JHAIX shares 5 years ago would now be looking at an investment worth $1,168.
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Returns By Period
JHancock Multi-Asset Absolute Return Fund (JHAIX) has returned 1.77% so far this year and 5.90% over the past 12 months. Over the last ten years, JHAIX has returned 3.17% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
JHancock Multi-Asset Absolute Return Fund
- 1D
- 0.46%
- 1M
- 1.20%
- YTD
- 1.77%
- 6M
- 1.48%
- 1Y
- 5.90%
- 3Y*
- 4.01%
- 5Y*
- 3.15%
- 10Y*
- 3.17%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
JHAIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 21, 2011, JHAIX's average daily return is +0.01%, while the average monthly return is +0.27%. At this rate, an investment would double in approximately 21.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +4.2%, while the worst month was Mar 2026 at -5.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, JHAIX closed higher 46% of trading days. The best single day was Mar 26, 2020 with a return of +2.4%, while the worst single day was Mar 12, 2020 at -3.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.37% | 2.13% | -5.71% | 2.50% | 2.35% | 0.37% | 1.77% | ||||||
| 2025 | 2.33% | 1.90% | -2.79% | -0.48% | 0.96% | 0.67% | -1.80% | 2.03% | 1.80% | 0.19% | 1.11% | -1.37% | 4.47% |
| 2024 | 1.88% | -0.78% | 0.88% | -3.30% | -0.50% | 0.40% | 3.22% | 2.92% | 0.95% | -1.97% | 3.15% | -2.79% | 3.85% |
| 2023 | 1.25% | -1.95% | 3.66% | 1.82% | -1.09% | -1.20% | 0.71% | 0.60% | -2.10% | -0.72% | 2.06% | 1.92% | 4.88% |
| 2022 | -0.86% | -1.63% | -1.36% | -1.38% | -0.00% | -2.10% | 3.38% | -2.97% | -3.67% | 2.65% | 3.92% | -1.07% | -5.30% |
| 2021 | -0.96% | 0.54% | 3.42% | 0.72% | 0.92% | 1.62% | 2.60% | 0.29% | -2.43% | 0.30% | 0.60% | 3.75% | 11.80% |
Benchmark Metrics
JHancock Multi-Asset Absolute Return Fund has an annualized alpha of -0.08%, beta of 0.25, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since December 21, 2011.
- This fund participated in 33.01% of S&P 500 Index downside but only 23.41% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.25 may look defensive, but with R2 of 0.47 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.47 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -0.08%
- Beta
- 0.25
- R²
- 0.47
- Upside Capture
- 23.41%
- Downside Capture
- 33.01%
Expense Ratio
JHAIX has a high expense ratio of 1.26%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
JHAIX ranks 8 for risk / return — in the bottom 8% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JHancock Multi-Asset Absolute Return Fund (JHAIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JHAIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.37 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | 2.78 | -2.01 |
| Martin ratioReturn relative to average drawdown | 2.29 | 12.44 | -10.15 |
Dividends
Dividend History
JHancock Multi-Asset Absolute Return Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.19 | $0.00 | $0.33 | $0.00 | $0.07 | $1.59 | $0.00 | $0.00 | $0.00 | $0.72 |
Dividend yield | 0.00% | 0.00% | 1.84% | 0.00% | 3.45% | 0.00% | 0.80% | 17.08% | 0.00% | 0.00% | 0.00% | 6.92% |
Monthly Dividends
The table displays the monthly dividend distributions for JHancock Multi-Asset Absolute Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the JHancock Multi-Asset Absolute Return Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JHancock Multi-Asset Absolute Return Fund was 10.61%, occurring on Sep 30, 2022. Recovery took 330 trading sessions.
The current JHancock Multi-Asset Absolute Return Fund drawdown is 0.90%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -10.61%Sep 2022 | 9mo 4d | 1y 3mo | 2y 26dDec 2021 - Jan 2024 |
COVID crash2020 | -9.84%Mar 2020 | 1mo 9d | 7mo 25d | 9mo 4dFeb 2020 - Nov 2020 |
Rate-hike selloffLate 2018 | -8.30%Dec 2018 | 10mo 29d | 8mo 16d | 1y 7moJan 2018 - Sep 2019 |
2016 pullback2016 | -7.82%Feb 2016 | 10mo 4d | 1y 11mo | 2y 9moApr 2015 - Jan 2018 |
2026 pullback2026 | -7.24%Mar 2026 | 5mo | — | 7mo 28dOct 2025 - now |
Drawdown Indicators
| JHAIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.61% | -56.78% | +46.17% |
Max Drawdown (1Y)Largest decline over 1 year | -7.24% | -9.10% | +1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -7.24% | -18.90% | +11.66% |
Max Drawdown (5Y)Largest decline over 5 years | -10.61% | -25.43% | +14.82% |
Max Drawdown (10Y)Largest decline over 10 years | -10.61% | -33.92% | +23.31% |
Current DrawdownCurrent decline from peak | -0.90% | -1.80% | +0.90% |
Average DrawdownAverage peak-to-trough decline | -2.69% | -10.71% | +8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 2.03% | +0.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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