JAAAX vs. USD=X
JAAAX (John Hancock Funds Alternative Asset Allocation Fund) is Multistrategy fund managed by John Hancock, while USD=X (USD Cash) is a currency. Over the past 10 years, JAAAX returned 4.16%/yr vs 0.00%/yr for USD=X.
Performance
JAAAX vs. USD=X - Performance Comparison
Loading charts...
Returns By Period
JAAAX
- 1D
- -0.73%
- 1M
- -0.23%
- YTD
- 5.53%
- 6M
- 6.05%
- 1Y
- 10.39%
- 3Y*
- 7.08%
- 5Y*
- 4.19%
- 10Y*
- 4.16%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
JAAAX vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAAAX John Hancock Funds Alternative Asset Allocation Fund | 5.53% | 6.18% | 6.59% | 5.85% | -3.12% | 4.77% | 4.36% | 8.95% | -4.09% | 6.10% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JAAAX vs. USD=X — Risk / Return Rank
JAAAX
USD=X
JAAAX vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Alternative Asset Allocation Fund (JAAAX) and USD Cash (USD=X). 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.
| JAAAX | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.62 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.24 | — | — |
| Martin ratioReturn relative to average drawdown | 20.62 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JAAAX | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.14 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | — | — |
Drawdowns
JAAAX vs. USD=X - Drawdown Comparison
The maximum JAAAX drawdown since its inception was -15.72%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JAAAX and USD=X.
Loading charts...
Drawdown Indicators
| JAAAX | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.72% | 0.00% | -15.72% |
Max Drawdown (1Y)Largest decline over 1 year | -2.02% | 0.00% | -2.02% |
Max Drawdown (3Y)Largest decline over 3 years | -5.66% | 0.00% | -5.66% |
Max Drawdown (5Y)Largest decline over 5 years | -6.28% | 0.00% | -6.28% |
Max Drawdown (10Y)Largest decline over 10 years | -12.64% | 0.00% | -12.64% |
Current DrawdownCurrent decline from peak | -0.79% | 0.00% | -0.79% |
Average DrawdownAverage peak-to-trough decline | -2.04% | 0.00% | -2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.51% | 0.00% | +0.51% |
Volatility
JAAAX vs. USD=X - Volatility Comparison
John Hancock Funds Alternative Asset Allocation Fund (JAAAX) has a higher volatility of 1.06% compared to USD Cash (USD=X) at 0.00%. This indicates that JAAAX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JAAAX | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 0.00% | +1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 0.00% | +2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.37% | 0.00% | +3.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.22% | 0.00% | +4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.38% | 0.00% | +4.38% |
Frequently Asked Questions
JAAAX has higher volatility (1.06%) compared to USD=X (0.00%). In terms of maximum drawdown, JAAAX dropped -15.72% vs USD=X's 0.00%.
Find the right allocation for JAAAX and USD=X
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer