PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

John Hancock Premium Dividend Fund (PDT) Sharpe Ratio: 0.54

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The fund focuses on generating high current income while also aiming for modest capital growth. It primarily invests in dividend-paying securities, with a diversified portfolio that includes preferred stocks and common equity securities, particularly in the utilities sector.

PDT's Sharpe Ratio of 0.54 indicates that for each unit of volatility, it generates 0.54 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PDT Sharpe Ratio Rank

PDT Sharpe Ratio Rank: 7.17
Concerning

PDT ranks above 7.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

PDT Sharpe Ratio Market Positioning

The chart shows PDT's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.33
  • Green zone (top 25%): 2.33 or higher
  • Top 1%: 4.28+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares John Hancock Premium Dividend Fund's Sharpe Ratio with other mutual funds in the Dividend category across multiple time periods, showing how PDT's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FDGDXFidelity Advisor 529 Dividend Growth Portfolio Class D2.84
FDGFXFidelity Dividend Growth Fund2.76
VIHAXVanguard International High Dividend Yield Index Fund Admiral Shares2.71
EPDPXEuroPac International Dividend Income Fund Class A2.51
PMAIXPioneer Multi-Asset Income Fund A2.45
OIEJXJPMorgan Equity Income Fund R62.44
VHYAXVanguard High Dividend Yield Index Fund Admiral Shares2.41
PJDZXPGIM Jennison Rising Dividend Fund2.39
CDDYXColumbia Dividend Income Fund Institutional 3 Class2.36
GSPAXGoldman Sachs U.S. Equity Dividend and Premium Fund Class A2.32
PDTJohn Hancock Premium Dividend Fund0.54

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PDT's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PDT consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does PDT fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio