JAKRX vs. KCEIX
JAKRX (John Hancock Disciplined Value Global Long/Short Fund Class A) and KCEIX (Knights of Columbus Long/Short Equity Fund) are both Long-Short funds. Over the past year, JAKRX returned 19.00% vs 13.02% for KCEIX. At a 0.06 correlation, their price movements are largely independent. JAKRX charges 1.91%/yr vs 1.50%/yr for KCEIX.
Performance
JAKRX vs. KCEIX - Performance Comparison
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Returns By Period
In the year-to-date period, JAKRX achieves a 9.32% return, which is significantly higher than KCEIX's 8.58% return.
JAKRX
- 1D
- 0.29%
- 1M
- -2.60%
- YTD
- 9.32%
- 6M
- 9.32%
- 1Y
- 19.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KCEIX
- 1D
- 0.52%
- 1M
- 3.05%
- YTD
- 8.58%
- 6M
- 7.99%
- 1Y
- 13.02%
- 3Y*
- 10.97%
- 5Y*
- 10.18%
- 10Y*
- —
JAKRX vs. KCEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A | 9.32% | 17.04% |
KCEIX Knights of Columbus Long/Short Equity Fund | 8.58% | 7.09% |
Correlation
The correlation between JAKRX and KCEIX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025 | 0.06 |
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Return for Risk
JAKRX vs. KCEIX — Risk / Return Rank
JAKRX
KCEIX
JAKRX vs. KCEIX - 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 Knights of Columbus Long/Short Equity Fund (KCEIX). 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.
| JAKRX | KCEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.39 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 4.64 | -0.91 |
| Martin ratioReturn relative to average drawdown | 12.06 | 12.90 | -0.84 |
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Drawdowns
JAKRX vs. KCEIX - Drawdown Comparison
The maximum JAKRX drawdown since its inception was -5.16%, smaller than the maximum KCEIX drawdown of -16.07%. Use the drawdown chart below to compare losses from any high point for JAKRX and KCEIX.
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Drawdown Indicators
| JAKRX | KCEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.16% | -16.07% | +10.91% |
Max Drawdown (1Y)Largest decline over 1 year | -5.16% | -2.82% | -2.34% |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -7.12% | — |
Current DrawdownCurrent decline from peak | -3.98% | -0.44% | -3.54% |
Average DrawdownAverage peak-to-trough decline | -0.87% | -3.45% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 1.01% | +0.58% |
Volatility
JAKRX vs. KCEIX - Volatility Comparison
John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) and Knights of Columbus Long/Short Equity Fund (KCEIX) have volatilities of 2.78% and 2.74%, 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.
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Volatility by Period
| JAKRX | KCEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 2.74% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 6.31% | 4.68% | +1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.75% | 6.12% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.52% | 6.85% | +0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.52% | 8.06% | -0.54% |
JAKRX vs. KCEIX - Expense Ratio Comparison
JAKRX has a 1.91% expense ratio, which is higher than KCEIX's 1.50% expense ratio.
Dividends
JAKRX vs. KCEIX - Dividend Comparison
JAKRX's dividend yield for the trailing twelve months is around 7.41%, more than KCEIX's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A | 7.41% | 8.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KCEIX Knights of Columbus Long/Short Equity Fund | 1.50% | 1.66% | 2.35% | 2.20% | 7.60% | 0.00% | 0.14% |
Frequently Asked Questions
JAKRX and KCEIX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JAKRX has higher volatility (2.78%) compared to KCEIX (2.74%). In terms of maximum drawdown, JAKRX dropped -5.16% vs KCEIX's -16.07%.
JAKRX currently has the higher Sharpe Ratio (2.48 vs 2.13), 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.
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