JAKRX vs. VMNIX

Last updated Apr 2, 2026

Compare and contrast key facts about John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) and Vanguard Market Neutral Fund Institutional Shares (VMNIX).

JAKRX is an actively managed fund by John Hancock. It was launched on Dec 31, 2013. VMNIX is managed by Vanguard. It was launched on Oct 19, 1998.

Performance

JAKRX vs. VMNIX - 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 Vanguard Market Neutral Fund Institutional Shares (VMNIX). The values are adjusted to include any dividend payments, if applicable.

JAKRX vs. VMNIX - Yearly Performance Comparison

	2026 (YTD)	2025
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	5.78%	17.04%
VMNIX Vanguard Market Neutral Fund Institutional Shares	5.62%	9.31%

Returns By Period

The year-to-date returns for both stocks are quite close, with JAKRX having a 5.78% return and VMNIX slightly lower at 5.62%.

JAKRX

• 1D: 1.37%
• 1M: -3.19%
• YTD: 5.78%
• 6M: 7.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VMNIX

• 1D: -0.47%
• 1M: 2.96%
• YTD: 5.62%
• 6M: 8.54%
• 1Y: 15.19%
• 3Y*: 11.63%
• 5Y*: 12.42%
• 10Y*: 4.01%

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

JAKRX vs. VMNIX - Expense Ratio Comparison

JAKRX has a 1.91% expense ratio, which is higher than VMNIX's 1.25% expense ratio.

JAKRX

John Hancock Disciplined Value Global Long/Short Fund Class A

VMNIX

Vanguard Market Neutral Fund Institutional Shares

Return for Risk

JAKRX vs. VMNIX — Risk / Return Rank

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

VMNIX

VMNIX Risk / Return Rank: 91
VMNIX Sharpe Ratio Rank: 92
VMNIX Sortino Ratio Rank: 94
VMNIX Omega Ratio Rank: 86
VMNIX Calmar Ratio Rank: 95
VMNIX Martin Ratio Rank: 86

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. VMNIX - 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 Vanguard Market Neutral Fund Institutional Shares (VMNIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	JAKRX	VMNIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.63	0.31	+3.32

Correlation

The correlation between JAKRX and VMNIX is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

JAKRX vs. VMNIX - Dividend Comparison

JAKRX's dividend yield for the trailing twelve months is around 7.66%, more than VMNIX's 3.38% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	7.66%	8.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VMNIX Vanguard Market Neutral Fund Institutional Shares	3.38%	3.59%	5.67%	5.15%	0.78%	0.20%	0.86%	3.23%	1.00%	1.16%	0.45%	0.10%

Drawdowns

JAKRX vs. VMNIX - Drawdown Comparison

The maximum JAKRX drawdown since its inception was -5.16%, smaller than the maximum VMNIX drawdown of -27.90%. Use the drawdown chart below to compare losses from any high point for JAKRX and VMNIX.

Drawdown Indicators

	JAKRX	VMNIX	Difference
Max Drawdown Largest peak-to-trough decline	-5.16%	-27.90%	+22.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.69%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.95%	—
Current Drawdown Current decline from peak	-3.46%	-0.47%	-2.99%
Average Drawdown Average peak-to-trough decline	-0.81%	-8.82%	+8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.73%	—

Volatility

Volatility by Period

	JAKRX	VMNIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.21%	7.60%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.21%	7.19%	+0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.21%	6.35%	+0.86%