Correlation
The correlation between JABSX and VOO is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
JABSX vs. VOO
Compare and contrast key facts about JHancock Multimanager 2065 Lifetime Portfolio (JABSX) and Vanguard S&P 500 ETF (VOO).
JABSX is managed by John Hancock. It was launched on Oct 5, 2020. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JABSX or VOO.
Performance
JABSX vs. VOO - Performance Comparison
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Key characteristics
JABSX:
0.53
VOO:
0.70
JABSX:
0.74
VOO:
1.05
JABSX:
1.11
VOO:
1.15
JABSX:
0.45
VOO:
0.69
JABSX:
1.71
VOO:
2.62
JABSX:
4.56%
VOO:
4.93%
JABSX:
17.48%
VOO:
19.55%
JABSX:
-28.52%
VOO:
-33.99%
JABSX:
-2.39%
VOO:
-3.45%
Returns By Period
In the year-to-date period, JABSX achieves a 3.84% return, which is significantly higher than VOO's 1.00% return.
JABSX
3.84%
5.62%
-0.99%
9.16%
7.45%
N/A
N/A
VOO
1.00%
6.44%
-0.84%
13.62%
14.14%
15.91%
12.81%
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JABSX vs. VOO - Expense Ratio Comparison
JABSX has a 0.12% expense ratio, which is higher than VOO's 0.03% 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%.
Risk-Adjusted Performance
JABSX vs. VOO — Risk-Adjusted Performance Rank
JABSX
VOO
JABSX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JHancock Multimanager 2065 Lifetime Portfolio (JABSX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
JABSX vs. VOO - Dividend Comparison
JABSX's dividend yield for the trailing twelve months is around 3.46%, more than VOO's 1.29% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
JABSX JHancock Multimanager 2065 Lifetime Portfolio | 3.46% | 3.59% | 3.68% | 4.42% | 3.45% | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
JABSX vs. VOO - Drawdown Comparison
The maximum JABSX drawdown since its inception was -28.52%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for JABSX and VOO.
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Volatility
JABSX vs. VOO - Volatility Comparison
The current volatility for JHancock Multimanager 2065 Lifetime Portfolio (JABSX) is 3.75%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.83%. This indicates that JABSX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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