JAKVX vs. GOLY

Last updated Apr 2, 2026

Compare and contrast key facts about John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) and Strategy Shares Gold-Hedged Bond ETF (GOLY).

JAKVX is an actively managed fund by John Hancock. It was launched on Apr 11, 2014. GOLY is a passively managed fund by Strategy Shares that tracks the performance of the Solactive Gold-Backed Bond Index. It was launched on May 17, 2021.

Performance

JAKVX vs. GOLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) and Strategy Shares Gold-Hedged Bond ETF (GOLY). The values are adjusted to include any dividend payments, if applicable.

JAKVX vs. GOLY - Yearly Performance Comparison

	2026 (YTD)	2025
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	5.90%	17.29%
GOLY Strategy Shares Gold-Hedged Bond ETF	-11.63%	27.31%

Returns By Period

In the year-to-date period, JAKVX achieves a 5.90% return, which is significantly higher than GOLY's -11.63% return.

JAKVX

• 1D: 1.43%
• 1M: -3.13%
• YTD: 5.90%
• 6M: 7.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOLY

• 1D: 3.57%
• 1M: -23.39%
• YTD: -11.63%
• 6M: -3.79%
• 1Y: 18.49%
• 3Y*: 19.51%
• 5Y*: —
• 10Y*: —

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

JAKVX vs. GOLY - Expense Ratio Comparison

JAKVX has a 1.54% expense ratio, which is higher than GOLY's 0.79% expense ratio.

JAKVX

John Hancock Disciplined Value Global Long/Short Fund Class R6

GOLY

Strategy Shares Gold-Hedged Bond ETF

Return for Risk

JAKVX vs. GOLY — Risk / Return Rank

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

GOLY

GOLY Risk / Return Rank: 29
GOLY Sharpe Ratio Rank: 28
GOLY Sortino Ratio Rank: 29
GOLY Omega Ratio Rank: 30
GOLY Calmar Ratio Rank: 28
GOLY Martin Ratio Rank: 30

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.

JAKVX vs. GOLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) and Strategy Shares Gold-Hedged Bond ETF (GOLY). 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

	JAKVX	GOLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.68	0.39	+3.29

Correlation

The correlation between JAKVX and GOLY is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JAKVX vs. GOLY - Dividend Comparison

JAKVX's dividend yield for the trailing twelve months is around 8.00%, less than GOLY's 8.77% yield.

	TTM	2025	2024	2023	2022	2021
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	8.00%	8.47%	0.00%	0.00%	0.00%	0.00%
GOLY Strategy Shares Gold-Hedged Bond ETF	8.77%	7.22%	3.85%	2.94%	2.57%	1.11%

Drawdowns

JAKVX vs. GOLY - Drawdown Comparison

The maximum JAKVX drawdown since its inception was -5.16%, smaller than the maximum GOLY drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for JAKVX and GOLY.

Drawdown Indicators

	JAKVX	GOLY	Difference
Max Drawdown Largest peak-to-trough decline	-5.16%	-35.99%	+30.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.42%	—
Current Drawdown Current decline from peak	-3.40%	-23.75%	+20.35%
Average Drawdown Average peak-to-trough decline	-0.81%	-11.33%	+10.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.96%	—

Volatility

Volatility by Period

	JAKVX	GOLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.24%	33.56%	-26.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.24%	21.95%	-14.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.24%	21.95%	-14.71%