HRTVX vs. JESVX
HRTVX (Heartland Value Fund) and JESVX (John Hancock Variable Insurance Trust Small Cap Value Trust) are both Small Cap Value Equities funds. Over the past 5 years, HRTVX returned 13.65%/yr vs 8.18%/yr for JESVX. Their correlation of 0.88 means they have usually moved in the same direction. Both charge a 1.04% expense ratio.
Performance
HRTVX vs. JESVX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with HRTVX having a 26.24% return and JESVX slightly lower at 25.45%.
HRTVX
- 1D
- 1.60%
- 1M
- 0.96%
- 6M
- 15.52%
- YTD
- 26.24%
- 1Y
- 41.96%
- 3Y*
- 21.35%
- 5Y*
- 13.65%
- 10Y*
- 11.93%
- ALL TIME*
- 10.56%
JESVX
- 1D
- 1.51%
- 1M
- -0.58%
- 6M
- 20.45%
- YTD
- 25.45%
- 1Y
- 32.15%
- 3Y*
- 12.34%
- 5Y*
- 8.18%
- 10Y*
- —
- ALL TIME*
- 5.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HRTVX Heartland Value Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
HRTVX vs. JESVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HRTVX Heartland Value Fund | 26.24% | 15.94% | 15.76% | 17.15% | -10.04% | 21.86% | 13.12% | 17.93% | -12.10% | 9.43% |
JESVX John Hancock Variable Insurance Trust Small Cap Value Trust | 25.45% | 0.13% | 5.97% | 14.02% | -9.84% | 26.18% | -6.96% | 26.52% | -12.98% | -3.88% |
Correlation
The correlation between HRTVX and JESVX is 0.68, 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. | 0.68 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.88 |
Over the past year, the correlation between HRTVX and JESVX has dropped to 0.68 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
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Return for Risk
HRTVX vs. JESVX — Risk / Return Rank
HRTVX
JESVX
HRTVX vs. JESVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heartland Value Fund (HRTVX) and John Hancock Variable Insurance Trust Small Cap Value Trust (JESVX). 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.
| HRTVX | JESVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.34 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.64 | 3.85 | +0.79 |
| Martin ratioReturn relative to average drawdown | 16.23 | 12.43 | +3.79 |
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Drawdowns
HRTVX vs. JESVX - Drawdown Comparison
The maximum HRTVX drawdown since its inception was -61.68%, which is greater than JESVX's maximum drawdown of -46.09%. Use the drawdown chart below to compare losses from any high point for HRTVX and JESVX.
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Drawdown Indicators
| HRTVX | JESVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.68% | -46.09% | -15.59% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -10.17% | +0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -23.17% | -26.55% | +3.38% |
Max Drawdown (5Y)Largest decline over 5 years | -23.17% | -26.55% | +3.38% |
Max Drawdown (10Y)Largest decline over 10 years | -46.31% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.22% | +2.22% |
Average DrawdownAverage peak-to-trough decline | -9.00% | -8.95% | -0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 3.08% | -0.37% |
Volatility
HRTVX vs. JESVX - Volatility Comparison
Heartland Value Fund (HRTVX) has a higher volatility of 4.34% compared to John Hancock Variable Insurance Trust Small Cap Value Trust (JESVX) at 4.12%. This indicates that HRTVX's price experiences larger fluctuations and is considered to be riskier than JESVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HRTVX | JESVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 4.12% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.80% | 13.93% | -2.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.95% | 19.65% | -2.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.41% | 20.83% | -1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.00% | 23.25% | -2.25% |
HRTVX vs. JESVX - Expense Ratio Comparison
Both HRTVX and JESVX have an expense ratio of 1.04%.
Dividends
HRTVX vs. JESVX - Dividend Comparison
HRTVX's dividend yield for the trailing twelve months is around 7.36%, less than JESVX's 9.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRTVX Heartland Value Fund | 7.36% | 9.29% | 8.91% | 5.65% | 3.01% | 13.50% | 0.76% | 3.12% | 7.26% | 6.43% | 3.56% | 8.25% |
JESVX John Hancock Variable Insurance Trust Small Cap Value Trust | 9.34% | 11.72% | 6.53% | 9.41% | 21.62% | 1.33% | 12.54% | 7.49% | 16.31% | 0.76% | 0.00% | 0.00% |
Frequently Asked Questions
HRTVX and JESVX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HRTVX has higher volatility (4.34%) compared to JESVX (4.12%). In terms of maximum drawdown, HRTVX dropped -61.68% vs JESVX's -46.09%.
HRTVX currently has the higher Sharpe Ratio (2.61 vs 2.00), 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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