ABRZX vs. JHAIX
Compare and contrast key facts about Invesco Balanced-Risk Allocation Fund Class A (ABRZX) and JHancock Multi-Asset Absolute Return Fund (JHAIX).
ABRZX is an actively managed fund by Invesco. It was launched on Jun 2, 2009. JHAIX is managed by John Hancock. It was launched on Dec 18, 2011.
Performance
ABRZX vs. JHAIX - Performance Comparison
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ABRZX vs. JHAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABRZX Invesco Balanced-Risk Allocation Fund Class A | 11.64% | 8.20% | 3.14% | 5.97% | -14.96% | 9.36% | 9.20% | 9.43% | -7.01% | 9.80% |
JHAIX JHancock Multi-Asset Absolute Return Fund | -4.55% | 4.47% | 3.85% | 4.88% | -5.30% | 11.80% | 2.10% | 9.39% | -5.13% | 3.75% |
Returns By Period
In the year-to-date period, ABRZX achieves a 11.64% return, which is significantly higher than JHAIX's -4.55% return. Over the past 10 years, ABRZX has outperformed JHAIX with an annualized return of 4.68%, while JHAIX has yielded a comparatively lower 2.46% annualized return.
ABRZX
- 1D
- 0.89%
- 1M
- -1.09%
- YTD
- 11.64%
- 6M
- 13.79%
- 1Y
- 19.11%
- 3Y*
- 8.79%
- 5Y*
- 3.99%
- 10Y*
- 4.68%
JHAIX
- 1D
- 0.20%
- 1M
- -6.89%
- YTD
- -4.55%
- 6M
- -4.64%
- 1Y
- -1.63%
- 3Y*
- 1.81%
- 5Y*
- 2.23%
- 10Y*
- 2.46%
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ABRZX vs. JHAIX - Expense Ratio Comparison
ABRZX has a 1.41% expense ratio, which is higher than JHAIX's 1.26% expense ratio.
Return for Risk
ABRZX vs. JHAIX — Risk / Return Rank
ABRZX
JHAIX
ABRZX vs. JHAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Balanced-Risk Allocation Fund Class A (ABRZX) and JHancock Multi-Asset Absolute Return Fund (JHAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ABRZX | JHAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.03 | -0.12 | +2.16 |
Sortino ratioReturn per unit of downside risk | 2.63 | -0.11 | +2.75 |
Omega ratioGain probability vs. loss probability | 1.40 | 0.99 | +0.42 |
Calmar ratioReturn relative to maximum drawdown | 2.66 | -0.20 | +2.86 |
Martin ratioReturn relative to average drawdown | 10.66 | -0.69 | +11.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABRZX | JHAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | -0.12 | +2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.32 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.39 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.47 | +0.11 |
Correlation
The correlation between ABRZX and JHAIX is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ABRZX vs. JHAIX - Dividend Comparison
ABRZX's dividend yield for the trailing twelve months is around 3.03%, while JHAIX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABRZX Invesco Balanced-Risk Allocation Fund Class A | 3.03% | 3.38% | 13.28% | 2.21% | 0.00% | 26.02% | 1.18% | 6.49% | 0.00% | 6.43% | 4.41% | 6.91% |
JHAIX JHancock Multi-Asset Absolute Return Fund | 0.00% | 0.00% | 1.84% | 0.00% | 3.45% | 0.00% | 0.80% | 17.08% | 0.00% | 0.00% | 0.00% | 6.92% |
Drawdowns
ABRZX vs. JHAIX - Drawdown Comparison
The maximum ABRZX drawdown since its inception was -26.62%, which is greater than JHAIX's maximum drawdown of -10.61%. Use the drawdown chart below to compare losses from any high point for ABRZX and JHAIX.
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Drawdown Indicators
| ABRZX | JHAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.62% | -10.61% | -16.01% |
Max Drawdown (1Y)Largest decline over 1 year | -6.90% | -7.24% | +0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -19.33% | -10.61% | -8.72% |
Max Drawdown (10Y)Largest decline over 10 years | -26.62% | -10.61% | -16.01% |
Current DrawdownCurrent decline from peak | -2.36% | -7.06% | +4.70% |
Average DrawdownAverage peak-to-trough decline | -4.79% | -2.69% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 2.10% | -0.38% |
Volatility
ABRZX vs. JHAIX - Volatility Comparison
Invesco Balanced-Risk Allocation Fund Class A (ABRZX) has a higher volatility of 3.98% compared to JHancock Multi-Asset Absolute Return Fund (JHAIX) at 3.25%. This indicates that ABRZX's price experiences larger fluctuations and is considered to be riskier than JHAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABRZX | JHAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 3.25% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 6.01% | +1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.36% | 8.57% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.17% | 7.02% | +5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.88% | 6.40% | +4.48% |