FNGAX vs. JIJIX
FNGAX (Franklin International Growth Fund Class A) and JIJIX (John Hancock International Dynamic Growth Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, FNGAX returned -4.12%/yr vs 7.20%/yr for JIJIX. Their correlation of 0.84 means they have usually moved in the same direction. FNGAX charges 1.12%/yr vs 0.95%/yr for JIJIX.
Performance
FNGAX vs. JIJIX - Performance Comparison
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Returns By Period
In the year-to-date period, FNGAX achieves a -1.33% return, which is significantly lower than JIJIX's 13.47% return.
FNGAX
- 1D
- 0.77%
- 1M
- -1.84%
- 6M
- -1.50%
- YTD
- -1.33%
- 1Y
- -2.99%
- 3Y*
- 4.33%
- 5Y*
- -4.12%
- 10Y*
- 6.07%
- ALL TIME*
- 4.06%
JIJIX
- 1D
- 0.56%
- 1M
- -6.93%
- 6M
- 2.35%
- YTD
- 13.47%
- 1Y
- 23.71%
- 3Y*
- 22.47%
- 5Y*
- 7.20%
- 10Y*
- —
- ALL TIME*
- 14.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FNGAX vs. JIJIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FNGAX Franklin International Growth Fund Class A | -1.33% | 10.48% | 0.37% | 15.00% | -32.05% | 1.17% | 32.56% | 15.11% |
JIJIX John Hancock International Dynamic Growth Fund | 13.47% | 23.10% | 24.88% | 18.92% | -31.47% | 17.94% | 36.58% | 13.65% |
Correlation
The correlation between FNGAX and JIJIX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (All Time) Calculated using the full available price history since May 7, 2019 | 0.84 |
The correlation between FNGAX and JIJIX has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.
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Return for Risk
FNGAX vs. JIJIX — Risk / Return Rank
FNGAX
JIJIX
FNGAX vs. JIJIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin International Growth Fund Class A (FNGAX) and John Hancock International Dynamic Growth Fund (JIJIX). 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.
| FNGAX | JIJIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.18 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 1.27 | -1.38 |
| Martin ratioReturn relative to average drawdown | -0.28 | 4.43 | -4.72 |
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Drawdowns
FNGAX vs. JIJIX - Drawdown Comparison
The maximum FNGAX drawdown since its inception was -53.35%, which is greater than JIJIX's maximum drawdown of -41.80%. Use the drawdown chart below to compare losses from any high point for FNGAX and JIJIX.
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Drawdown Indicators
| FNGAX | JIJIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.35% | -41.80% | -11.55% |
Max Drawdown (1Y)Largest decline over 1 year | -17.35% | -20.23% | +2.88% |
Max Drawdown (3Y)Largest decline over 3 years | -20.13% | -20.23% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -47.24% | -41.80% | -5.44% |
Max Drawdown (10Y)Largest decline over 10 years | -47.24% | — | — |
Current DrawdownCurrent decline from peak | -22.09% | -14.99% | -7.10% |
Average DrawdownAverage peak-to-trough decline | -14.24% | -11.35% | -2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.53% | 5.78% | +0.75% |
Volatility
FNGAX vs. JIJIX - Volatility Comparison
The current volatility for Franklin International Growth Fund Class A (FNGAX) is 4.92%, while John Hancock International Dynamic Growth Fund (JIJIX) has a volatility of 11.74%. This indicates that FNGAX experiences smaller price fluctuations and is considered to be less risky than JIJIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNGAX | JIJIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.92% | 11.74% | -6.82% |
Volatility (6M)Calculated over the trailing 6-month period | 14.77% | 27.29% | -12.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 29.71% | -11.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.52% | 22.03% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.11% | 22.96% | -2.85% |
FNGAX vs. JIJIX - Expense Ratio Comparison
FNGAX has a 1.12% expense ratio, which is higher than JIJIX's 0.95% expense ratio.
Dividends
FNGAX vs. JIJIX - Dividend Comparison
FNGAX's dividend yield for the trailing twelve months is around 3.31%, more than JIJIX's 2.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNGAX Franklin International Growth Fund Class A | 3.31% | 3.36% | 1.86% | 0.00% | 1.75% | 1.80% | 2.22% | 0.13% | 1.94% | 1.31% | 0.53% | 0.01% |
JIJIX John Hancock International Dynamic Growth Fund | 2.59% | 2.94% | 0.13% | 0.22% | 0.79% | 30.17% | 5.62% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FNGAX and JIJIX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JIJIX has higher volatility (11.74%) compared to FNGAX (4.92%). In terms of maximum drawdown, FNGAX dropped -53.35% vs JIJIX's -41.80%.
JIJIX currently has the higher Sharpe Ratio (0.87 vs -0.10), 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.
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