JDVWX vs. MALVX

Last updated Jul 18, 2026

JDVWX (John Hancock Disciplined Value Fund) and MALVX (BlackRock Advantage Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, JDVWX returned 12.78%/yr vs 12.78%/yr for MALVX. With a 0.96 correlation, they move nearly in lockstep. JDVWX charges 0.60%/yr vs 0.54%/yr for MALVX.

Performance

JDVWX vs. MALVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Disciplined Value Fund (JDVWX) and BlackRock Advantage Large Cap Value Fund (MALVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDVWX achieves a 18.47% return, which is significantly lower than MALVX's 21.46% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: JDVWX at 12.78% and MALVX at 12.78%.

JDVWX

• 1D: -0.03%
• 1M: 0.96%
• 6M: 12.35%
• YTD: 18.47%
• 1Y: 29.05%
• 3Y*: 20.15%
• 5Y*: 13.99%
• 10Y*: 12.78%

MALVX

• 1D: 0.64%
• 1M: 3.18%
• 6M: 17.28%
• YTD: 21.46%
• 1Y: 35.75%
• 3Y*: 21.02%
• 5Y*: 13.18%
• 10Y*: 12.78%

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

JDVWX vs. MALVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JDVWX John Hancock Disciplined Value Fund	18.47%	17.59%	15.76%	14.03%	-4.34%	29.99%	1.73%	22.77%	-9.64%	18.00%
MALVX BlackRock Advantage Large Cap Value Fund	21.46%	18.38%	15.39%	13.74%	-8.68%	26.51%	3.91%	24.74%	-7.74%	15.82%

Correlation

The correlation between JDVWX and MALVX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Aug 31, 2011	0.96

The correlation between JDVWX and MALVX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.

Return for Risk

JDVWX vs. MALVX — Risk / Return Rank

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

JDVWX

JDVWX Risk / Return Rank: 86
JDVWX Sharpe Ratio Rank: 85
JDVWX Sortino Ratio Rank: 81
JDVWX Omega Ratio Rank: 80
JDVWX Calmar Ratio Rank: 90
JDVWX Martin Ratio Rank: 94

MALVX

MALVX Risk / Return Rank: 96
MALVX Sharpe Ratio Rank: 98
MALVX Sortino Ratio Rank: 95
MALVX Omega Ratio Rank: 91
MALVX Calmar Ratio Rank: 97
MALVX Martin Ratio Rank: 98

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.

JDVWX vs. MALVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value Fund (JDVWX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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.

	JDVWX	MALVX	Difference
Sharpe ratio: Return per unit of total volatility	2.31	3.28	-0.97
Sortino ratio: Return per unit of downside risk	3.17	4.57	-1.40
Omega ratio: Gain probability vs. loss probability	1.41	1.60	-0.19
Calmar ratio: Return relative to maximum drawdown	3.80	5.64	-1.84
Martin ratio: Return relative to average drawdown	15.95	25.70	-9.75

JDVWX vs. MALVX - Sharpe Ratio Comparison

The current JDVWX Sharpe Ratio is 2.31, which is comparable to the MALVX Sharpe Ratio of 3.28. The chart below compares the historical Sharpe Ratios of JDVWX and MALVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JDVWX vs. MALVX - Drawdown Comparison

The maximum JDVWX drawdown since its inception was -40.28%, smaller than the maximum MALVX drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for JDVWX and MALVX.

Drawdown Indicators

	JDVWX	MALVX	Difference
Max Drawdown Largest peak-to-trough decline	-40.28%	-55.21%	+14.93%
Max Drawdown (1Y) Largest decline over 1 year	-7.92%	-6.53%	-1.39%
Max Drawdown (3Y) Largest decline over 3 years	-20.48%	-16.13%	-4.35%
Max Drawdown (5Y) Largest decline over 5 years	-20.48%	-19.73%	-0.75%
Max Drawdown (10Y) Largest decline over 10 years	-40.28%	-37.12%	-3.16%
Current Drawdown Current decline from peak	-0.31%	0.00%	-0.31%
Average Drawdown Average peak-to-trough decline	-4.49%	-8.72%	+4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	1.43%	+0.45%

Volatility

JDVWX vs. MALVX - Volatility Comparison

John Hancock Disciplined Value Fund (JDVWX) and BlackRock Advantage Large Cap Value Fund (MALVX) have volatilities of 2.97% and 3.11%, 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.

Volatility by Period

	JDVWX	MALVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	3.11%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	10.26%	8.92%	+1.34%
Volatility (1Y) Calculated over the trailing 1-year period	13.00%	11.22%	+1.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.37%	14.81%	+2.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.85%	17.24%	+1.61%

JDVWX vs. MALVX - Expense Ratio Comparison

JDVWX has a 0.60% expense ratio, which is higher than MALVX's 0.54% expense ratio.

Dividends

JDVWX vs. MALVX - Dividend Comparison

JDVWX's dividend yield for the trailing twelve months is around 5.67%, more than MALVX's 3.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JDVWX John Hancock Disciplined Value Fund	5.67%	6.72%	14.04%	7.30%	7.26%	14.72%	1.66%	5.95%	10.70%	4.60%	1.32%	3.44%
MALVX BlackRock Advantage Large Cap Value Fund	3.48%	9.23%	14.33%	2.84%	5.96%	17.48%	1.68%	3.92%	12.95%	0.43%	1.38%	1.01%

Frequently Asked Questions

Can I hold both JDVWX and MALVX in my portfolio?

With a correlation of 0.91, JDVWX and MALVX 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.

Which is riskier, JDVWX or MALVX?

MALVX has higher volatility (3.11%) compared to JDVWX (2.97%). In terms of maximum drawdown, JDVWX dropped -40.28% vs MALVX's -55.21%.

Which has better risk-adjusted returns?

MALVX currently has the higher Sharpe Ratio (3.28 vs 2.31), 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.