JAKVX vs. JAKRX
JAKVX (John Hancock Disciplined Value Global Long/Short Fund Class R6) and JAKRX (John Hancock Disciplined Value Global Long/Short Fund Class A) are both Long-Short funds from John Hancock. Both are actively managed. Over the past year, JAKVX returned 20.32% vs 19.93% for JAKRX. With a 1.00 correlation, they move nearly in lockstep. JAKVX charges 1.54%/yr vs 1.91%/yr for JAKRX.
Performance
JAKVX vs. JAKRX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with JAKVX having a 9.88% return and JAKRX slightly lower at 9.70%.
JAKVX
- 1D
- 0.23%
- 1M
- -2.10%
- YTD
- 9.88%
- 6M
- 10.16%
- 1Y
- 20.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JAKRX
- 1D
- 0.23%
- 1M
- -2.11%
- YTD
- 9.70%
- 6M
- 9.90%
- 1Y
- 19.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JAKVX vs. JAKRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6 | 9.88% | 17.29% |
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A | 9.70% | 17.04% |
Correlation
The correlation between JAKVX and JAKRX 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 28, 2025 | 1.00 |
The correlation between JAKVX and JAKRX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
JAKVX vs. JAKRX — Risk / Return Rank
JAKVX
JAKRX
JAKVX vs. JAKRX - 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 John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). 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.
| JAKVX | JAKRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.50 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.96 | 3.86 | +0.09 |
| Martin ratioReturn relative to average drawdown | 13.15 | 12.85 | +0.30 |
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Drawdowns
JAKVX vs. JAKRX - Drawdown Comparison
The maximum JAKVX drawdown since its inception was -5.16%, roughly equal to the maximum JAKRX drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for JAKVX and JAKRX.
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Drawdown Indicators
| JAKVX | JAKRX | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -3.65% | -3.66% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -0.85% | -0.85% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 1.55% | 0.00% |
Volatility
JAKVX vs. JAKRX - Volatility Comparison
John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) have volatilities of 2.82% and 2.76%, 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
| JAKVX | JAKRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 2.76% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 6.32% | 6.28% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.79% | 7.73% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.55% | 7.51% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.55% | 7.51% | +0.04% |
JAKVX vs. JAKRX - Expense Ratio Comparison
JAKVX has a 1.54% expense ratio, which is lower than JAKRX's 1.91% expense ratio.
Dividends
JAKVX vs. JAKRX - Dividend Comparison
JAKVX's dividend yield for the trailing twelve months is around 7.71%, more than JAKRX's 7.39% yield.
| Position | TTM | 2025 |
|---|---|---|
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A | 7.39% | 8.10% |
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6 | 7.71% | 8.47% |
Frequently Asked Questions
With a correlation of 1.00, JAKVX and JAKRX 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.
JAKVX has higher volatility (2.82%) compared to JAKRX (2.76%). In terms of maximum drawdown, JAKVX dropped -5.16% vs JAKRX's -5.16%.
JAKVX currently has the higher Sharpe Ratio (2.63 vs 2.59), 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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