IRSQX vs. JLKYX

Last updated Jun 26, 2026

IRSQX (Voya Target Retirement 2050 Fund) and JLKYX (John Hancock Funds Multi-Index 2055 Lifetime Portfolio) are both Target Retirement Date funds. Over the past 10 years, IRSQX returned 12.09%/yr vs 11.70%/yr for JLKYX. With a 0.97 correlation, they move nearly in lockstep. IRSQX charges 0.22%/yr vs 0.01%/yr for JLKYX.

Performance

IRSQX vs. JLKYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Target Retirement 2050 Fund (IRSQX) and John Hancock Funds Multi-Index 2055 Lifetime Portfolio (JLKYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with IRSQX having a 10.20% return and JLKYX slightly higher at 10.39%. Both investments have delivered pretty close results over the past 10 years, with IRSQX having a 12.09% annualized return and JLKYX not far behind at 11.70%.

IRSQX

• 1D: 0.00%
• 1M: -1.32%
• YTD: 10.20%
• 6M: 9.28%
• 1Y: 23.99%
• 3Y*: 18.81%
• 5Y*: 9.67%
• 10Y*: 12.09%

JLKYX

• 1D: 0.05%
• 1M: -1.01%
• YTD: 10.39%
• 6M: 9.40%
• 1Y: 23.90%
• 3Y*: 18.59%
• 5Y*: 9.31%
• 10Y*: 11.70%

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

IRSQX vs. JLKYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IRSQX Voya Target Retirement 2050 Fund	10.20%	20.71%	15.32%	20.47%	-18.75%	18.82%	17.28%	25.25%	-9.37%	20.99%
JLKYX John Hancock Funds Multi-Index 2055 Lifetime Portfolio	10.39%	20.04%	15.41%	18.53%	-18.04%	18.38%	16.13%	25.07%	-8.32%	17.29%

Correlation

The correlation between IRSQX and JLKYX is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Mar 27, 2014	0.97

The correlation between IRSQX and JLKYX has been stable across timeframes, ranging from 0.90 to 0.97 - a consistent structural relationship.

Return for Risk

IRSQX vs. JLKYX — Risk / Return Rank

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

IRSQX

IRSQX Risk / Return Rank: 73
IRSQX Sharpe Ratio Rank: 71
IRSQX Sortino Ratio Rank: 71
IRSQX Omega Ratio Rank: 69
IRSQX Calmar Ratio Rank: 71
IRSQX Martin Ratio Rank: 83

JLKYX

JLKYX Risk / Return Rank: 60
JLKYX Sharpe Ratio Rank: 58
JLKYX Sortino Ratio Rank: 54
JLKYX Omega Ratio Rank: 56
JLKYX Calmar Ratio Rank: 62
JLKYX Martin Ratio Rank: 70

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.

IRSQX vs. JLKYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Target Retirement 2050 Fund (IRSQX) and John Hancock Funds Multi-Index 2055 Lifetime Portfolio (JLKYX). 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.

	IRSQX	JLKYX	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.85	+0.16
Sortino ratio: Return per unit of downside risk	2.86	2.54	+0.33
Omega ratio: Gain probability vs. loss probability	1.37	1.34	+0.03
Calmar ratio: Return relative to maximum drawdown	2.77	2.60	+0.18
Martin ratio: Return relative to average drawdown	12.90	11.19	+1.71

IRSQX vs. JLKYX - Sharpe Ratio Comparison

The current IRSQX Sharpe Ratio is 2.01, which is comparable to the JLKYX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of IRSQX and JLKYX, 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

IRSQX vs. JLKYX - Drawdown Comparison

The maximum IRSQX drawdown since its inception was -33.06%, roughly equal to the maximum JLKYX drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for IRSQX and JLKYX.

Drawdown Indicators

	IRSQX	JLKYX	Difference
Max Drawdown Largest peak-to-trough decline	-33.06%	-32.55%	-0.51%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-9.16%	-0.26%
Max Drawdown (3Y) Largest decline over 3 years	-15.91%	-16.11%	+0.20%
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	-25.75%	-0.39%
Max Drawdown (10Y) Largest decline over 10 years	-33.06%	-32.55%	-0.51%
Current Drawdown Current decline from peak	-2.50%	-2.26%	-0.24%
Average Drawdown Average peak-to-trough decline	-4.48%	-4.64%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.12%	-0.17%

Volatility

IRSQX vs. JLKYX - Volatility Comparison

Voya Target Retirement 2050 Fund (IRSQX) and John Hancock Funds Multi-Index 2055 Lifetime Portfolio (JLKYX) have volatilities of 5.24% and 5.36%, 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.

Volatility by Period

	IRSQX	JLKYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.24%	5.36%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	10.63%	10.68%	-0.05%
Volatility (1Y) Calculated over the trailing 1-year period	13.04%	12.90%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.43%	15.36%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.14%	16.20%	-0.06%

IRSQX vs. JLKYX - Expense Ratio Comparison

IRSQX has a 0.22% expense ratio, which is higher than JLKYX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IRSQX vs. JLKYX - Dividend Comparison

IRSQX's dividend yield for the trailing twelve months is around 14.46%, more than JLKYX's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRSQX Voya Target Retirement 2050 Fund	14.46%	15.94%	1.93%	1.89%	6.50%	20.41%	2.18%	4.80%	7.33%	6.29%	1.94%	0.44%
JLKYX John Hancock Funds Multi-Index 2055 Lifetime Portfolio	3.27%	3.61%	1.77%	2.16%	8.08%	5.71%	3.88%	8.54%	10.69%	4.33%	3.23%	1.75%

Frequently Asked Questions

Can I hold both IRSQX and JLKYX in my portfolio?

With a correlation of 0.90, IRSQX and JLKYX 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, IRSQX or JLKYX?

JLKYX has higher volatility (5.36%) compared to IRSQX (5.24%). In terms of maximum drawdown, IRSQX dropped -33.06% vs JLKYX's -32.55%.

Which has better risk-adjusted returns?

IRSQX currently has the higher Sharpe Ratio (2.01 vs 1.85), 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.