JHancock Multi-Asset Absolute Return Fund (JHAIX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JHAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JHAIX
JHAIX charges 1.26% annually. There are 36 mutual funds in the Tactical Allocation category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | — | Jan 1998 | JHAIX vs GIPIX | |
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | — | Jan 1998 | JHAIX vs GOIIX | |
| PIMCO All Asset All Authority Fund | 0.21% | — | Oct 2003 | JHAIX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | — | Sep 2002 | JHAIX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | — | Aug 2012 | JHAIX vs GPIFX |
Best Risk-Adjusted Alternatives to JHAIX
JHAIX has a PortfoliosLab risk / return rank of 14. There are 74 mutual funds in the Tactical Allocation category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Astor Dynamic Allocation Fund | 95 | — | Oct 2009 | JHAIX vs ASTIX | |
| Hussman Strategic Total Return Fund | 95 | — | Sep 2002 | JHAIX vs HSTRX | |
| PIMCO All Asset Fund | 95 | — | Nov 2002 | JHAIX vs PAAIX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 94 | — | Apr 2012 | JHAIX vs SIOAX | |
| PIMCO All Asset Fund Class A | 94 | — | Apr 2008 | JHAIX vs PASAX |
Top Performing JHAIX Alternatives (YTD)
JHAIX is at 1.86% YTD. There are 71 mutual funds in the Tactical Allocation category with higher YTD returns, going as high as 43.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 43.03% | — | Sep 2019 | JHAIX vs QEVOX | |
| Donoghue Forlines Momentum Fund | 33.55% | — | Dec 2016 | JHAIX vs MOJOX | |
| Teberg Fund | 21.81% | — | Mar 2002 | JHAIX vs TEBRX | |
| PIMCO Dynamic Income Strategy Fund | 19.01% | — | Feb 2019 | JHAIX vs PDX | |
| Potomac Defensive Bull Fund | 18.43% | — | Jun 2020 | JHAIX vs CRDBX |
Lowest Volatility Alternatives to JHAIX
JHAIX has 8.45% 1-year volatility. There are 25 mutual funds in the Tactical Allocation category with lower 1-year volatility, going as low as 2.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.54% | — | Aug 2012 | JHAIX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 2.81% | — | Apr 2012 | JHAIX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 2.83% | — | Jul 2014 | JHAIX vs TTIFX | |
| OnTrack Core Fund | 4.15% | — | Jan 2013 | JHAIX vs OTRFX | |
| Hussman Strategic Total Return Fund | 4.31% | — | Sep 2002 | JHAIX vs HSTRX |
Lowest Drawdown Alternatives to JHAIX
JHAIX has a 1-year max drawdown of -7.24%. There are 45 mutual funds in the Tactical Allocation category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | -1.69% | — | Aug 2012 | JHAIX vs GPIFX | |
| Goldman Sachs TacticalTiltOverlayFund | -2.11% | — | Jul 2014 | JHAIX vs TTIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -2.34% | — | Apr 2012 | JHAIX vs SIOAX | |
| Hussman Strategic Total Return Fund | -2.48% | — | Sep 2002 | JHAIX vs HSTRX | |
| Astor Dynamic Allocation Fund | -2.77% | — | Oct 2009 | JHAIX vs ASTIX |
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 | 86 | 9.73% | — | Oct 1992 | JHAIX vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 96 | 6.31% | — | Jan 2009 | JHAIX vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 54 | 14.20% | — | Jun 1997 | JHAIX vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 60 | 9.15% | — | Nov 2012 | JHAIX vs JFIVX | |
| John Hancock Premium Dividend Fund | Dividend | 14 | 6.22% | — | Dec 1989 | JHAIX vs PDT | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 86 | 17.35% | — | Jan 1997 | JHAIX vs JVLIX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 26 | 12.26% | — | May 2019 | JHAIX vs JIJIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 22 | -0.74% | — | Nov 1973 | JHAIX vs JHNBX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 16 | 1.91% | — | Oct 1984 | JHAIX vs TAGRX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | 94 | 12.74% | — | Apr 2014 | JHAIX vs JAKVX |
Often Compared With JHAIX
Investors most often compare JHAIX with VTRIX, VFIAX, ABRZX. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare JHAIX with Any Fund or Stock
Compare JHAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JHAIX with funds that move differently
JHancock Multi-Asset Absolute Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JHAIX.
Explore JHAIX Diversifiers