GOIGX vs. BDOAX

Last updated Jun 24, 2026

GOIGX (John Hancock International Growth Fund Class A) and BDOAX (iShares MSCI Total International Index Fund Class A) are both International Equity funds. GOIGX is actively managed, while BDOAX is passively managed. Over the past 10 years, GOIGX returned 10.82%/yr vs 10.01%/yr for BDOAX. Their correlation of 0.93 suggests significant overlap in exposure. GOIGX charges 1.30%/yr vs 0.41%/yr for BDOAX.

Performance

GOIGX vs. BDOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock International Growth Fund Class A (GOIGX) and iShares MSCI Total International Index Fund Class A (BDOAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with GOIGX having a 17.20% return and BDOAX slightly lower at 16.42%. Over the past 10 years, GOIGX has outperformed BDOAX with an annualized return of 10.82%, while BDOAX has yielded a comparatively lower 10.01% annualized return.

GOIGX

• 1D: 0.57%
• 1M: 5.94%
• YTD: 17.20%
• 6M: 17.07%
• 1Y: 30.30%
• 3Y*: 20.56%
• 5Y*: 6.54%
• 10Y*: 10.82%

BDOAX

• 1D: 0.21%
• 1M: 3.86%
• YTD: 16.42%
• 6M: 16.33%
• 1Y: 33.84%
• 3Y*: 19.90%
• 5Y*: 8.82%
• 10Y*: 10.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GOIGX vs. BDOAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOIGX John Hancock International Growth Fund Class A	17.20%	29.39%	10.41%	12.55%	-27.00%	9.33%	22.08%	27.45%	-12.31%	36.25%
BDOAX iShares MSCI Total International Index Fund Class A	16.42%	32.20%	5.02%	14.81%	-16.63%	7.36%	10.47%	20.81%	-14.19%	26.16%

Correlation

The correlation between GOIGX and BDOAX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 30, 2011	0.93

The correlation between GOIGX and BDOAX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

GOIGX vs. BDOAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GOIGX

GOIGX Risk / Return Rank: 40
GOIGX Sharpe Ratio Rank: 37
GOIGX Sortino Ratio Rank: 35
GOIGX Omega Ratio Rank: 40
GOIGX Calmar Ratio Rank: 39
GOIGX Martin Ratio Rank: 46

BDOAX

BDOAX Risk / Return Rank: 66
BDOAX Sharpe Ratio Rank: 70
BDOAX Sortino Ratio Rank: 61
BDOAX Omega Ratio Rank: 68
BDOAX Calmar Ratio Rank: 70
BDOAX Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOIGX vs. BDOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock International Growth Fund Class A (GOIGX) and iShares MSCI Total International Index Fund Class A (BDOAX). 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.

	GOIGX	BDOAX	Difference
Sharpe ratio: Return per unit of total volatility	1.65	2.24	-0.59
Sortino ratio: Return per unit of downside risk	2.29	2.99	-0.70
Omega ratio: Gain probability vs. loss probability	1.31	1.42	-0.10
Calmar ratio: Return relative to maximum drawdown	2.26	3.06	-0.80
Martin ratio: Return relative to average drawdown	9.17	11.83	-2.66

GOIGX vs. BDOAX - Sharpe Ratio Comparison

The current GOIGX Sharpe Ratio is 1.65, which is comparable to the BDOAX Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of GOIGX and BDOAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOIGX vs. BDOAX - Drawdown Comparison

The maximum GOIGX drawdown since its inception was -54.60%, which is greater than BDOAX's maximum drawdown of -35.53%. Use the drawdown chart below to compare losses from any high point for GOIGX and BDOAX.

Drawdown Indicators

	GOIGX	BDOAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.60%	-35.53%	-19.07%
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	-11.37%	-2.38%
Max Drawdown (3Y) Largest decline over 3 years	-13.75%	-13.54%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	-38.46%	-30.25%	-8.21%
Max Drawdown (10Y) Largest decline over 10 years	-38.46%	-35.53%	-2.93%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.60%	-8.69%	-3.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	2.94%	+0.44%

Volatility

GOIGX vs. BDOAX - Volatility Comparison

John Hancock International Growth Fund Class A (GOIGX) has a higher volatility of 8.36% compared to iShares MSCI Total International Index Fund Class A (BDOAX) at 6.40%. This indicates that GOIGX's price experiences larger fluctuations and is considered to be riskier than BDOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOIGX	BDOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.36%	6.40%	+1.96%
Volatility (6M) Calculated over the trailing 6-month period	16.77%	13.51%	+3.26%
Volatility (1Y) Calculated over the trailing 1-year period	18.91%	15.62%	+3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	15.64%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.19%	16.30%	+0.89%

GOIGX vs. BDOAX - Expense Ratio Comparison

GOIGX has a 1.30% expense ratio, which is higher than BDOAX's 0.41% expense ratio.

Dividends

GOIGX vs. BDOAX - Dividend Comparison

GOIGX has not paid dividends to shareholders, while BDOAX's dividend yield for the trailing twelve months is around 2.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDOAX iShares MSCI Total International Index Fund Class A	2.30%	2.84%	2.62%	2.74%	2.61%	2.46%	1.79%	2.85%	3.05%	1.65%	3.33%	3.78%
GOIGX John Hancock International Growth Fund Class A	0.00%	0.00%	0.48%	2.39%	13.77%	15.05%	0.00%	0.40%	2.58%	0.23%	0.62%	0.14%

Frequently Asked Questions

Can I hold both GOIGX and BDOAX in my portfolio?

With a correlation of 0.95, GOIGX and BDOAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GOIGX or BDOAX?

GOIGX has higher volatility (8.36%) compared to BDOAX (6.40%). In terms of maximum drawdown, GOIGX dropped -54.60% vs BDOAX's -35.53%.

Which has better risk-adjusted returns?

BDOAX currently has the higher Sharpe Ratio (2.24 vs 1.65), 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.