JAKVX vs. WALSX

Last updated Apr 2, 2026

Compare and contrast key facts about John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) and Wasatch Long/Short Alpha Fund (WALSX).

JAKVX is an actively managed fund by John Hancock. It was launched on Apr 11, 2014. WALSX is managed by Wasatch. It was launched on Sep 30, 2021.

Performance

JAKVX vs. WALSX - 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 Wasatch Long/Short Alpha Fund (WALSX). The values are adjusted to include any dividend payments, if applicable.

JAKVX vs. WALSX - Yearly Performance Comparison

	2026 (YTD)	2025
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	5.90%	17.29%
WALSX Wasatch Long/Short Alpha Fund	4.16%	-6.83%

Returns By Period

In the year-to-date period, JAKVX achieves a 5.90% return, which is significantly higher than WALSX's 4.16% return.

JAKVX

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

WALSX

• 1D: 2.57%
• 1M: -6.72%
• YTD: 4.16%
• 6M: 2.73%
• 1Y: -4.98%
• 3Y*: 6.03%
• 5Y*: —
• 10Y*: —

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

JAKVX vs. WALSX - Expense Ratio Comparison

JAKVX has a 1.54% expense ratio, which is lower than WALSX's 1.75% expense ratio.

WALSX

Wasatch Long/Short Alpha Fund

JAKVX

John Hancock Disciplined Value Global Long/Short Fund Class R6

Return for Risk

JAKVX vs. WALSX — Risk / Return Rank

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

WALSX

WALSX Risk / Return Rank: 2
WALSX Sharpe Ratio Rank: 2
WALSX Sortino Ratio Rank: 2
WALSX Omega Ratio Rank: 2
WALSX Calmar Ratio Rank: 2
WALSX Martin Ratio Rank: 3

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. WALSX - 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 Wasatch Long/Short Alpha Fund (WALSX). 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	WALSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.68	0.35	+3.33

Correlation

The correlation between JAKVX and WALSX is 0.26, 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. WALSX - Dividend Comparison

JAKVX's dividend yield for the trailing twelve months is around 8.00%, while WALSX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	8.00%	8.47%	0.00%	0.00%	0.00%
WALSX Wasatch Long/Short Alpha Fund	0.00%	0.00%	0.00%	0.00%	0.09%

Drawdowns

JAKVX vs. WALSX - Drawdown Comparison

The maximum JAKVX drawdown since its inception was -5.16%, smaller than the maximum WALSX drawdown of -25.28%. Use the drawdown chart below to compare losses from any high point for JAKVX and WALSX.

Drawdown Indicators

	JAKVX	WALSX	Difference
Max Drawdown Largest peak-to-trough decline	-5.16%	-25.28%	+20.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.71%	—
Current Drawdown Current decline from peak	-3.40%	-20.03%	+16.63%
Average Drawdown Average peak-to-trough decline	-0.81%	-9.17%	+8.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.98%	—

Volatility

Volatility by Period

	JAKVX	WALSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.24%	17.93%	-10.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.24%	16.34%	-9.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.24%	16.34%	-9.10%