Correlation
The correlation between JABVX and VOO is 0.88, 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.
JABVX vs. VOO
Compare and contrast key facts about John Hancock Global Environmental Opportunities Fund (JABVX) and Vanguard S&P 500 ETF (VOO).
JABVX is managed by John Hancock. It was launched on Jul 20, 2021. 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: JABVX or VOO.
Performance
JABVX vs. VOO - Performance Comparison
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Key characteristics
JABVX:
0.09
VOO:
0.70
JABVX:
0.09
VOO:
1.05
JABVX:
1.01
VOO:
1.15
JABVX:
-0.04
VOO:
0.69
JABVX:
-0.12
VOO:
2.62
JABVX:
6.74%
VOO:
4.93%
JABVX:
20.44%
VOO:
19.55%
JABVX:
-33.96%
VOO:
-33.99%
JABVX:
-4.21%
VOO:
-3.45%
Returns By Period
In the year-to-date period, JABVX achieves a 4.91% return, which is significantly higher than VOO's 1.00% return.
JABVX
4.91%
6.54%
-0.28%
1.76%
7.36%
N/A
N/A
VOO
1.00%
6.44%
-0.84%
13.62%
14.14%
15.91%
12.81%
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JABVX vs. VOO - Expense Ratio Comparison
JABVX has a 0.96% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
JABVX vs. VOO — Risk-Adjusted Performance Rank
JABVX
VOO
JABVX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Global Environmental Opportunities Fund (JABVX) 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
JABVX vs. VOO - Dividend Comparison
JABVX's dividend yield for the trailing twelve months is around 6.32%, more than VOO's 1.29% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
JABVX John Hancock Global Environmental Opportunities Fund | 6.32% | 6.63% | 0.12% | 0.00% | 0.00% | 0.00% | 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
JABVX vs. VOO - Drawdown Comparison
The maximum JABVX drawdown since its inception was -33.96%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for JABVX and VOO.
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Volatility
JABVX vs. VOO - Volatility Comparison
The current volatility for John Hancock Global Environmental Opportunities Fund (JABVX) is 4.06%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.83%. This indicates that JABVX 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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