FIDAX vs. BTO
Compare and contrast key facts about John Hancock Financial Industries Fund (FIDAX) and John Hancock Financial Opportunities Fund (BTO).
FIDAX is managed by BlackRock. It was launched on Mar 14, 1996. BTO is an actively managed fund by John Hancock. It was launched on Aug 18, 1994.
Performance
FIDAX vs. BTO - Performance Comparison
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FIDAX vs. BTO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIDAX John Hancock Financial Industries Fund | -7.63% | 12.05% | 30.09% | 5.01% | -14.17% | 28.80% | 1.58% | 31.21% | -15.30% | 11.00% |
BTO John Hancock Financial Opportunities Fund | 3.32% | 5.85% | 28.92% | -1.16% | -23.58% | 61.86% | -8.97% | 38.87% | -25.68% | 13.12% |
Returns By Period
In the year-to-date period, FIDAX achieves a -7.63% return, which is significantly lower than BTO's 3.32% return. Over the past 10 years, FIDAX has underperformed BTO with an annualized return of 9.71%, while BTO has yielded a comparatively higher 10.78% annualized return.
FIDAX
- 1D
- 2.52%
- 1M
- -3.75%
- YTD
- -7.63%
- 6M
- -1.62%
- 1Y
- 3.84%
- 3Y*
- 15.65%
- 5Y*
- 6.21%
- 10Y*
- 9.71%
BTO
- 1D
- -0.84%
- 1M
- 0.68%
- YTD
- 3.32%
- 6M
- 3.66%
- 1Y
- 12.77%
- 3Y*
- 14.20%
- 5Y*
- 5.97%
- 10Y*
- 10.78%
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FIDAX vs. BTO - Expense Ratio Comparison
FIDAX has a 1.24% expense ratio, which is lower than BTO's 2.01% expense ratio.
Return for Risk
FIDAX vs. BTO — Risk / Return Rank
FIDAX
BTO
FIDAX vs. BTO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Financial Industries Fund (FIDAX) and John Hancock Financial Opportunities Fund (BTO). 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.
| FIDAX | BTO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.18 | 0.52 | -0.34 |
Sortino ratioReturn per unit of downside risk | 0.38 | 0.86 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.12 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.34 | 0.72 | -0.38 |
Martin ratioReturn relative to average drawdown | 0.95 | 1.88 | -0.93 |
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
| FIDAX | BTO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 0.52 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.19 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.30 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.30 | +0.01 |
Correlation
The correlation between FIDAX and BTO is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FIDAX vs. BTO - Dividend Comparison
FIDAX's dividend yield for the trailing twelve months is around 52.17%, more than BTO's 7.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDAX John Hancock Financial Industries Fund | 52.17% | 48.19% | 10.24% | 1.91% | 11.22% | 23.08% | 5.41% | 7.56% | 7.72% | 6.10% | 6.01% | 0.93% |
BTO John Hancock Financial Opportunities Fund | 7.31% | 7.41% | 7.28% | 8.64% | 7.51% | 4.72% | 7.25% | 6.06% | 5.94% | 3.76% | 5.10% | 4.75% |
Drawdowns
FIDAX vs. BTO - Drawdown Comparison
The maximum FIDAX drawdown since its inception was -70.42%, roughly equal to the maximum BTO drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for FIDAX and BTO.
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Drawdown Indicators
| FIDAX | BTO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.42% | -72.27% | +1.85% |
Max Drawdown (1Y)Largest decline over 1 year | -13.82% | -16.79% | +2.97% |
Max Drawdown (5Y)Largest decline over 5 years | -30.89% | -51.80% | +20.91% |
Max Drawdown (10Y)Largest decline over 10 years | -42.09% | -65.70% | +23.61% |
Current DrawdownCurrent decline from peak | -10.77% | -8.77% | -2.00% |
Average DrawdownAverage peak-to-trough decline | -14.12% | -19.08% | +4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 6.47% | -1.53% |
Volatility
FIDAX vs. BTO - Volatility Comparison
The current volatility for John Hancock Financial Industries Fund (FIDAX) is 5.38%, while John Hancock Financial Opportunities Fund (BTO) has a volatility of 7.33%. This indicates that FIDAX experiences smaller price fluctuations and is considered to be less risky than BTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIDAX | BTO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 7.33% | -1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 13.07% | 16.40% | -3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.69% | 24.69% | -4.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 31.48% | -10.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.01% | 36.20% | -14.19% |