JAKRX vs. JAKVX

Last updated Jun 3, 2026

JAKRX (John Hancock Disciplined Value Global Long/Short Fund Class A) and JAKVX (John Hancock Disciplined Value Global Long/Short Fund Class R6) are both Long-Short funds from John Hancock. Both are actively managed. Over the past year, JAKRX returned 26.59% vs 27.08% for JAKVX. With a 1.00 correlation, they move nearly in lockstep. JAKRX charges 1.91%/yr vs 1.54%/yr for JAKVX.

Performance

JAKRX vs. JAKVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX). 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 JAKRX having a 13.18% return and JAKVX slightly higher at 13.36%.

JAKRX

• 1D: 0.72%
• 1M: 1.73%
• YTD: 13.18%
• 6M: 14.13%
• 1Y: 26.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JAKVX

• 1D: 0.72%
• 1M: 1.79%
• YTD: 13.36%
• 6M: 14.38%
• 1Y: 27.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JAKRX vs. JAKVX - Yearly Performance Comparison

	2026 (YTD)	2025
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	13.18%	17.04%
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	13.36%	17.29%

Correlation

The correlation between JAKRX and JAKVX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	1.00

The correlation between JAKRX and JAKVX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

JAKRX vs. JAKVX — Risk / Return Rank

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

JAKRX

JAKRX Risk / Return Rank: 94
JAKRX Sharpe Ratio Rank: 97
JAKRX Sortino Ratio Rank: 96
JAKRX Omega Ratio Rank: 94
JAKRX Calmar Ratio Rank: 94
JAKRX Martin Ratio Rank: 91

JAKVX

JAKVX Risk / Return Rank: 95
JAKVX Sharpe Ratio Rank: 98
JAKVX Sortino Ratio Rank: 96
JAKVX Omega Ratio Rank: 94
JAKVX Calmar Ratio Rank: 94
JAKVX Martin Ratio Rank: 92

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.

JAKRX vs. JAKVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX). 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.

	JAKRX	JAKVX	Difference
Sharpe ratio Return per unit of total volatility	3.72	3.76	-0.04
Sortino ratio Return per unit of downside risk	5.32	5.36	-0.04
Omega ratio Gain probability vs. loss probability	1.75	1.76	0.00
Calmar ratio Return relative to maximum drawdown	5.36	5.46	-0.10
Martin ratio Return relative to average drawdown	18.90	19.21	-0.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JAKRX vs. JAKVX - Sharpe Ratio Comparison

The current JAKRX Sharpe Ratio is 3.72, which is comparable to the JAKVX Sharpe Ratio of 3.76. The chart below compares the historical Sharpe Ratios of JAKRX and JAKVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JAKRX	JAKVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.72	3.76	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	4.05	4.09	-0.04

Drawdowns

JAKRX vs. JAKVX - Drawdown Comparison

The maximum JAKRX drawdown since its inception was -5.16%, roughly equal to the maximum JAKVX drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for JAKRX and JAKVX.

Drawdown Indicators

	JAKRX	JAKVX	Difference
Max Drawdown Largest peak-to-trough decline	-5.16%	-5.16%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-5.16%	-5.16%	0.00%
Current Drawdown Current decline from peak	-0.33%	-0.33%	0.00%
Average Drawdown Average peak-to-trough decline	-0.80%	-0.80%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	1.47%	-0.01%

Volatility

JAKRX vs. JAKVX - Volatility Comparison

John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) have volatilities of 2.39% and 2.46%, 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

	JAKRX	JAKVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.39%	2.46%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	5.84%	5.88%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	7.45%	7.50%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.30%	7.33%	-0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.30%	7.33%	-0.03%

JAKRX vs. JAKVX - Expense Ratio Comparison

JAKRX has a 1.91% expense ratio, which is higher than JAKVX's 1.54% expense ratio.

Dividends

JAKRX vs. JAKVX - Dividend Comparison

JAKRX's dividend yield for the trailing twelve months is around 7.16%, less than JAKVX's 7.48% yield.

Position	TTM	2025
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	7.16%	8.10%
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	7.48%	8.47%

Frequently Asked Questions

Can I hold both JAKRX and JAKVX in my portfolio?

With a correlation of 1.00, JAKRX and JAKVX 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, JAKRX or JAKVX?

JAKVX has higher volatility (2.46%) compared to JAKRX (2.39%). In terms of maximum drawdown, JAKRX dropped -5.16% vs JAKVX's -5.16%.

Which has better risk-adjusted returns?

JAKVX currently has the higher Sharpe Ratio (3.76 vs 3.72), 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.