PortfoliosLab logoPortfoliosLab logo
John Hancock Funds II Multimanager 2045 Lifetime P...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US47803M4244
CUSIP
47803M424
Inception Date
Oct 29, 2006
Min. Investment
$1,000
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in John Hancock Funds II Multimanager 2045 Lifetime Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


Loading graphics...

S&P 500 Index

Returns By Period

John Hancock Funds II Multimanager 2045 Lifetime Portfolio (JLJAX) has returned -4.11% so far this year and 14.41% over the past 12 months. Over the last ten years, JLJAX has returned 9.31% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


John Hancock Funds II Multimanager 2045 Lifetime Portfolio

1D
-0.37%
1M
-8.83%
YTD
-4.11%
6M
-1.70%
1Y
14.41%
3Y*
12.78%
5Y*
5.86%
10Y*
9.31%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 30, 2006, JLJAX's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, your investment would double in approximately 9.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +12.0%, while the worst month was Oct 2008 at -20.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, JLJAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +10.9%, while the worst single day was Mar 16, 2020 at -10.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.21%1.90%-8.83%-4.11%
20253.28%-0.84%-3.57%-0.00%5.17%4.17%0.62%2.48%3.02%1.42%0.17%0.90%17.82%
2024-0.11%4.38%3.28%-3.77%4.02%1.39%2.05%1.91%1.78%-1.94%4.33%-3.51%14.21%
20237.56%-3.29%1.88%0.69%-1.60%5.69%3.30%-3.09%-4.39%-3.33%8.91%5.37%17.83%
2022-4.81%-2.49%0.76%-8.43%0.18%-8.00%6.49%-3.56%-9.24%5.68%7.91%-4.61%-19.96%
20210.08%3.26%2.27%4.11%0.99%1.28%-0.15%2.08%-3.64%4.46%-3.11%3.19%15.45%

Benchmark Metrics

John Hancock Funds II Multimanager 2045 Lifetime Portfolio has an annualized alpha of -0.70%, beta of 0.90, and R² of 0.95 versus S&P 500 Index. Calculated based on daily prices since October 31, 2006.

  • This fund participated in 97.67% of S&P 500 Index downside but only 91.04% of its upside — more exposed to losses than it benefited from rallies.
  • With beta of 0.90 and R² of 0.95, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
-0.70%
Beta
0.90
0.95
Upside Capture
91.04%
Downside Capture
97.67%

Expense Ratio

JLJAX has an expense ratio of 0.42%, placing it in the medium range.


Return for Risk

Risk / Return Rank

JLJAX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


JLJAX Risk / Return Rank: 4646
Overall Rank
JLJAX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
JLJAX Sortino Ratio Rank: 4545
Sortino Ratio Rank
JLJAX Omega Ratio Rank: 4747
Omega Ratio Rank
JLJAX Calmar Ratio Rank: 4343
Calmar Ratio Rank
JLJAX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for John Hancock Funds II Multimanager 2045 Lifetime Portfolio (JLJAX) and compare them to a chosen benchmark (S&P 500 Index).


JLJAXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.93

0.90

+0.03

Sortino ratio

Return per unit of downside risk

1.37

1.39

-0.02

Omega ratio

Gain probability vs. loss probability

1.20

1.21

-0.01

Calmar ratio

Return relative to maximum drawdown

1.12

1.40

-0.28

Martin ratio

Return relative to average drawdown

5.15

6.61

-1.46

Explore JLJAX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

John Hancock Funds II Multimanager 2045 Lifetime Portfolio provided a 9.64% dividend yield over the last twelve months, with an annual payout of $1.04 per share. The fund has been increasing its distributions for 2 consecutive years.


5.00%10.00%15.00%20.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.04$1.04$0.32$0.29$1.95$1.13$0.65$1.25$1.34$0.80$0.75$0.67

Dividend yield

9.64%9.25%3.13%3.11%23.82%8.89%5.40%11.84%14.16%6.67%6.98%6.32%

Monthly Dividends

The table displays the monthly dividend distributions for John Hancock Funds II Multimanager 2045 Lifetime Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$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$1.04$1.04
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.32$0.32
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.29$0.29
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.95$1.95
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.13$1.13

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.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the John Hancock Funds II Multimanager 2045 Lifetime Portfolio. 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 John Hancock Funds II Multimanager 2045 Lifetime Portfolio was 56.52%, occurring on Mar 9, 2009. Recovery took 983 trading sessions.

The current John Hancock Funds II Multimanager 2045 Lifetime Portfolio drawdown is 9.21%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.52%Nov 1, 2007339Mar 9, 2009983Feb 1, 20131322
-32.04%Feb 20, 202023Mar 23, 202093Aug 4, 2020116
-28.2%Nov 9, 2021235Oct 14, 2022397May 15, 2024632
-18.8%Jan 29, 2018229Dec 24, 2018145Jul 24, 2019374
-18.1%May 22, 2015183Feb 11, 2016208Dec 7, 2016391

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...