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FJMNX vs. SVBAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FJMNX and SVBAX is 0.04, 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.


-0.50.00.51.00.0

Performance

FJMNX vs. SVBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Minnesota Municipal Bond Fund (FJMNX) and John Hancock Balanced Fund (SVBAX). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
251.65%
726.98%
FJMNX
SVBAX

Key characteristics

Sharpe Ratio

FJMNX:

1.15

SVBAX:

1.73

Sortino Ratio

FJMNX:

1.63

SVBAX:

2.36

Omega Ratio

FJMNX:

1.25

SVBAX:

1.31

Calmar Ratio

FJMNX:

0.55

SVBAX:

2.56

Martin Ratio

FJMNX:

4.76

SVBAX:

10.05

Ulcer Index

FJMNX:

0.72%

SVBAX:

1.44%

Daily Std Dev

FJMNX:

2.97%

SVBAX:

8.37%

Max Drawdown

FJMNX:

-15.27%

SVBAX:

-40.81%

Current Drawdown

FJMNX:

-2.67%

SVBAX:

-2.78%

Returns By Period

In the year-to-date period, FJMNX achieves a 2.74% return, which is significantly lower than SVBAX's 13.49% return. Over the past 10 years, FJMNX has underperformed SVBAX with an annualized return of 2.16%, while SVBAX has yielded a comparatively higher 7.62% annualized return.


FJMNX

YTD

2.74%

1M

-0.08%

6M

1.60%

1Y

3.42%

5Y*

0.68%

10Y*

2.16%

SVBAX

YTD

13.49%

1M

1.27%

6M

3.17%

1Y

13.97%

5Y*

8.54%

10Y*

7.62%

Compare stocks, funds, or ETFs

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


FJMNX vs. SVBAX - Expense Ratio Comparison

FJMNX has a 0.77% expense ratio, which is lower than SVBAX's 1.03% expense ratio.


SVBAX
John Hancock Balanced Fund
Expense ratio chart for SVBAX: current value at 1.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.03%
Expense ratio chart for FJMNX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%

Risk-Adjusted Performance

FJMNX vs. SVBAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Minnesota Municipal Bond Fund (FJMNX) and John Hancock Balanced Fund (SVBAX). 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.


Sharpe ratio
The chart of Sharpe ratio for FJMNX, currently valued at 1.15, compared to the broader market-1.000.001.002.003.004.001.151.67
The chart of Sortino ratio for FJMNX, currently valued at 1.63, compared to the broader market-2.000.002.004.006.008.0010.001.632.28
The chart of Omega ratio for FJMNX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.30
The chart of Calmar ratio for FJMNX, currently valued at 0.55, compared to the broader market0.005.0010.0015.000.552.47
The chart of Martin ratio for FJMNX, currently valued at 4.76, compared to the broader market0.0020.0040.0060.004.769.69
FJMNX
SVBAX

The current FJMNX Sharpe Ratio is 1.15, which is lower than the SVBAX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of FJMNX and SVBAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.15
1.67
FJMNX
SVBAX

Dividends

FJMNX vs. SVBAX - Dividend Comparison

FJMNX's dividend yield for the trailing twelve months is around 3.54%, more than SVBAX's 0.99% yield.


TTM20232022202120202019201820172016201520142013
FJMNX
Nuveen Minnesota Municipal Bond Fund
3.54%3.25%2.58%1.79%2.49%3.01%3.14%3.21%3.43%3.63%3.65%3.94%
SVBAX
John Hancock Balanced Fund
0.99%1.49%1.60%1.07%1.32%1.49%1.91%1.65%1.71%2.10%2.15%2.17%

Drawdowns

FJMNX vs. SVBAX - Drawdown Comparison

The maximum FJMNX drawdown since its inception was -15.27%, smaller than the maximum SVBAX drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for FJMNX and SVBAX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.67%
-2.78%
FJMNX
SVBAX

Volatility

FJMNX vs. SVBAX - Volatility Comparison

The current volatility for Nuveen Minnesota Municipal Bond Fund (FJMNX) is 0.92%, while John Hancock Balanced Fund (SVBAX) has a volatility of 3.20%. This indicates that FJMNX experiences smaller price fluctuations and is considered to be less risky than SVBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
0.92%
3.20%
FJMNX
SVBAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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