BTO vs. TAGRX
BTO (John Hancock Financial Opportunities Fund) and TAGRX (John Hancock Fundamental Large Cap Core Fund) are both mutual funds - BTO is a Financials Equities fund actively managed by John Hancock, while TAGRX is a Large Cap Blend Equities fund managed by John Hancock. Over the past 10 years, BTO returned 11.84%/yr vs 12.49%/yr for TAGRX. A 0.56 correlation means they provide meaningful diversification when combined. BTO charges 2.01%/yr vs 1.01%/yr for TAGRX.
Performance
BTO vs. TAGRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTO achieves a 11.07% return, which is significantly higher than TAGRX's 0.70% return. Over the past 10 years, BTO has underperformed TAGRX with an annualized return of 11.84%, while TAGRX has yielded a comparatively higher 12.49% annualized return.
BTO
- 1D
- 1.10%
- 1M
- 4.44%
- YTD
- 11.07%
- 6M
- 8.02%
- 1Y
- 23.74%
- 3Y*
- 23.18%
- 5Y*
- 7.53%
- 10Y*
- 11.84%
TAGRX
- 1D
- 1.04%
- 1M
- -1.05%
- YTD
- 0.70%
- 6M
- 0.62%
- 1Y
- 12.89%
- 3Y*
- 14.17%
- 5Y*
- 8.21%
- 10Y*
- 12.49%
BTO vs. TAGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTO John Hancock Financial Opportunities Fund | 11.07% | 5.85% | 28.92% | -1.16% | -23.58% | 61.86% | -8.97% | 38.87% | -25.68% | 13.12% |
TAGRX John Hancock Fundamental Large Cap Core Fund | 0.70% | 9.98% | 21.14% | 32.23% | -24.86% | 29.16% | 20.55% | 35.06% | -14.09% | 19.63% |
Correlation
The correlation between BTO and TAGRX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 1994 | 0.56 |
The correlation between BTO and TAGRX shifts across timeframes, from 0.42 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BTO vs. TAGRX — Risk / Return Rank
BTO
TAGRX
BTO vs. TAGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Financial Opportunities Fund (BTO) and John Hancock Fundamental Large Cap Core Fund (TAGRX). 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.
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.
| BTO | TAGRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.18 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 0.91 | +0.65 |
| Martin ratioReturn relative to average drawdown | 3.87 | 3.14 | +0.73 |
Loading charts...
Drawdowns
BTO vs. TAGRX - Drawdown Comparison
The maximum BTO drawdown since its inception was -72.27%, which is greater than TAGRX's maximum drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for BTO and TAGRX.
Loading charts...
Drawdown Indicators
| BTO | TAGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.27% | -58.45% | -13.82% |
Max Drawdown (1Y)Largest decline over 1 year | -15.26% | -14.04% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -25.19% | -26.11% | +0.92% |
Max Drawdown (5Y)Largest decline over 5 years | -51.80% | -29.10% | -22.70% |
Max Drawdown (10Y)Largest decline over 10 years | -65.70% | -36.96% | -28.74% |
Current DrawdownCurrent decline from peak | -1.93% | -3.29% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -18.98% | -11.53% | -7.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.14% | 4.05% | +2.09% |
Volatility
BTO vs. TAGRX - Volatility Comparison
John Hancock Financial Opportunities Fund (BTO) has a higher volatility of 5.44% compared to John Hancock Fundamental Large Cap Core Fund (TAGRX) at 4.97%. This indicates that BTO's price experiences larger fluctuations and is considered to be riskier than TAGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTO | TAGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 4.97% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 15.18% | 10.42% | +4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.75% | 13.12% | +7.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.88% | 20.26% | +10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.14% | 20.53% | +15.61% |
BTO vs. TAGRX - Expense Ratio Comparison
BTO has a 2.01% expense ratio, which is higher than TAGRX's 1.01% expense ratio.
Dividends
BTO vs. TAGRX - Dividend Comparison
BTO's dividend yield for the trailing twelve months is around 6.92%, less than TAGRX's 12.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTO John Hancock Financial Opportunities Fund | 6.92% | 7.41% | 7.28% | 8.64% | 7.51% | 4.72% | 7.25% | 6.06% | 5.94% | 3.76% | 5.10% | 4.75% |
TAGRX John Hancock Fundamental Large Cap Core Fund | 12.01% | 12.09% | 13.00% | 6.67% | 6.76% | 7.82% | 0.30% | 0.53% | 14.05% | 8.22% | 2.96% | 1.22% |
Frequently Asked Questions
BTO and TAGRX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTO has higher volatility (5.44%) compared to TAGRX (4.97%). In terms of maximum drawdown, BTO dropped -72.27% vs TAGRX's -58.45%.
BTO currently has the higher Sharpe Ratio (1.15 vs 0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BTO and TAGRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer