HTD vs. SVBAX
HTD (John Hancock Tax-Advantaged Dividend Income Fund) and SVBAX (John Hancock Balanced Fund) are both mutual funds - HTD is a Dividend fund managed by John Hancock, while SVBAX is a Diversified Portfolio fund managed by John Hancock. Over the past 10 years, HTD returned 8.39%/yr vs 10.28%/yr for SVBAX. A 0.53 correlation means they provide meaningful diversification when combined. HTD charges 0.01%/yr vs 1.03%/yr for SVBAX.
Performance
HTD vs. SVBAX - Performance Comparison
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Returns By Period
In the year-to-date period, HTD achieves a 10.88% return, which is significantly higher than SVBAX's 10.21% return. Over the past 10 years, HTD has underperformed SVBAX with an annualized return of 8.39%, while SVBAX has yielded a comparatively higher 10.28% annualized return.
HTD
- 1D
- 0.44%
- 1M
- -0.09%
- YTD
- 10.88%
- 6M
- 11.30%
- 1Y
- 19.61%
- 3Y*
- 17.54%
- 5Y*
- 8.06%
- 10Y*
- 8.39%
SVBAX
- 1D
- -0.28%
- 1M
- 1.93%
- YTD
- 10.21%
- 6M
- 9.76%
- 1Y
- 22.72%
- 3Y*
- 16.22%
- 5Y*
- 8.92%
- 10Y*
- 10.28%
HTD vs. SVBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HTD John Hancock Tax-Advantaged Dividend Income Fund | 10.88% | 15.87% | 25.68% | -9.92% | -6.24% | 32.36% | -16.54% | 42.77% | -9.13% | 16.47% |
SVBAX John Hancock Balanced Fund | 10.21% | 15.69% | 13.31% | 18.22% | -15.79% | 14.49% | 15.97% | 21.28% | -5.02% | 13.40% |
Correlation
The correlation between HTD and SVBAX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2004 | 0.53 |
Over the past year, the correlation between HTD and SVBAX has dropped to 0.29 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
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Return for Risk
HTD vs. SVBAX — Risk / Return Rank
HTD
SVBAX
HTD vs. SVBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Tax-Advantaged Dividend Income Fund (HTD) 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.
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.
| HTD | SVBAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.50 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 4.19 | -1.01 |
| Martin ratioReturn relative to average drawdown | 8.84 | 20.09 | -11.24 |
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Drawdowns
HTD vs. SVBAX - Drawdown Comparison
The maximum HTD drawdown since its inception was -69.79%, which is greater than SVBAX's maximum drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for HTD and SVBAX.
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Drawdown Indicators
| HTD | SVBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.79% | -40.81% | -28.98% |
Max Drawdown (1Y)Largest decline over 1 year | -6.18% | -5.57% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -20.94% | -12.06% | -8.88% |
Max Drawdown (5Y)Largest decline over 5 years | -31.58% | -20.53% | -11.05% |
Max Drawdown (10Y)Largest decline over 10 years | -56.57% | -21.00% | -35.57% |
Current DrawdownCurrent decline from peak | -1.90% | -0.34% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -8.78% | -5.23% | -3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 1.16% | +1.06% |
Volatility
HTD vs. SVBAX - Volatility Comparison
John Hancock Tax-Advantaged Dividend Income Fund (HTD) and John Hancock Balanced Fund (SVBAX) have volatilities of 3.28% and 3.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HTD | SVBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 3.39% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 8.96% | 7.03% | +1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.21% | 8.71% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.77% | 10.86% | +6.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.63% | 10.83% | +11.80% |
HTD vs. SVBAX - Expense Ratio Comparison
HTD has a 0.01% expense ratio, which is lower than SVBAX's 1.03% expense ratio.
Dividends
HTD vs. SVBAX - Dividend Comparison
HTD's dividend yield for the trailing twelve months is around 7.51%, less than SVBAX's 10.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTD John Hancock Tax-Advantaged Dividend Income Fund | 7.51% | 7.51% | 7.52% | 8.73% | 7.36% | 5.80% | 7.97% | 6.06% | 10.09% | 8.85% | 7.30% | 7.06% |
SVBAX John Hancock Balanced Fund | 10.92% | 12.45% | 3.72% | 1.48% | 1.60% | 2.73% | 1.60% | 2.19% | 8.06% | 3.51% | 1.70% | 4.57% |
Frequently Asked Questions
HTD and SVBAX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SVBAX has higher volatility (3.39%) compared to HTD (3.28%). In terms of maximum drawdown, HTD dropped -69.79% vs SVBAX's -40.81%.
SVBAX currently has the higher Sharpe Ratio (2.68 vs 1.62), 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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