JEEIX vs. AWTAX

Last updated Jun 5, 2026

JEEIX (JHancock Infrastructure Fund) and AWTAX (Virtus Water Fund) are both Energy Equities funds. Over the past 10 years, JEEIX returned 9.11%/yr vs 7.23%/yr for AWTAX. A 0.76 correlation means they provide meaningful diversification when combined. JEEIX charges 0.95%/yr vs 1.22%/yr for AWTAX.

Performance

JEEIX vs. AWTAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JHancock Infrastructure Fund (JEEIX) and Virtus Water Fund (AWTAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEEIX achieves a 9.80% return, which is significantly higher than AWTAX's -3.21% return. Over the past 10 years, JEEIX has outperformed AWTAX with an annualized return of 9.11%, while AWTAX has yielded a comparatively lower 7.23% annualized return.

JEEIX

• 1D: -0.36%
• 1M: -3.48%
• YTD: 9.80%
• 6M: 9.21%
• 1Y: 19.94%
• 3Y*: 18.03%
• 5Y*: 8.95%
• 10Y*: 9.11%

AWTAX

• 1D: 0.55%
• 1M: -3.42%
• YTD: -3.21%
• 6M: -4.81%
• 1Y: -0.43%
• 3Y*: 6.90%
• 5Y*: 2.26%
• 10Y*: 7.23%

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

JEEIX vs. AWTAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JEEIX JHancock Infrastructure Fund	9.80%	25.51%	13.24%	4.74%	-8.48%	13.97%	2.53%	23.46%	-1.43%	17.09%
AWTAX Virtus Water Fund	-3.21%	11.87%	5.25%	11.99%	-21.01%	25.39%	16.68%	32.78%	-12.50%	21.99%

Correlation

The correlation between JEEIX and AWTAX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Dec 26, 2013	0.76

The correlation between JEEIX and AWTAX shifts across timeframes, from 0.62 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JEEIX vs. AWTAX — Risk / Return Rank

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

JEEIX

JEEIX Risk / Return Rank: 48
JEEIX Sharpe Ratio Rank: 45
JEEIX Sortino Ratio Rank: 45
JEEIX Omega Ratio Rank: 42
JEEIX Calmar Ratio Rank: 60
JEEIX Martin Ratio Rank: 47

AWTAX

AWTAX Risk / Return Rank: 3
AWTAX Sharpe Ratio Rank: 3
AWTAX Sortino Ratio Rank: 3
AWTAX Omega Ratio Rank: 3
AWTAX Calmar Ratio Rank: 3
AWTAX 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.

JEEIX vs. AWTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JHancock Infrastructure Fund (JEEIX) and Virtus Water Fund (AWTAX). 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.

	JEEIX	AWTAX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	-0.06	+2.01
Sortino ratio: Return per unit of downside risk	2.78	0.01	+2.77
Omega ratio: Gain probability vs. loss probability	1.35	1.00	+0.35
Calmar ratio: Return relative to maximum drawdown	2.94	-0.06	+3.01
Martin ratio: Return relative to average drawdown	9.62	-0.17	+9.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEEIX vs. AWTAX - Sharpe Ratio Comparison

The current JEEIX Sharpe Ratio is 1.95, which is higher than the AWTAX Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of JEEIX and AWTAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JEEIX	AWTAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	-0.06	+2.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.13	+0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.42	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.31	+0.31

Drawdowns

JEEIX vs. AWTAX - Drawdown Comparison

The maximum JEEIX drawdown since its inception was -30.39%, smaller than the maximum AWTAX drawdown of -54.12%. Use the drawdown chart below to compare losses from any high point for JEEIX and AWTAX.

Drawdown Indicators

	JEEIX	AWTAX	Difference
Max Drawdown Largest peak-to-trough decline	-30.39%	-54.12%	+23.73%
Max Drawdown (1Y) Largest decline over 1 year	-6.56%	-12.17%	+5.61%
Max Drawdown (3Y) Largest decline over 3 years	-11.10%	-17.00%	+5.90%
Max Drawdown (5Y) Largest decline over 5 years	-22.02%	-30.85%	+8.83%
Max Drawdown (10Y) Largest decline over 10 years	-30.39%	-32.78%	+2.39%
Current Drawdown Current decline from peak	-5.78%	-10.52%	+4.74%
Average Drawdown Average peak-to-trough decline	-4.45%	-9.90%	+5.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	4.61%	-2.60%

Volatility

JEEIX vs. AWTAX - Volatility Comparison

The current volatility for JHancock Infrastructure Fund (JEEIX) is 3.27%, while Virtus Water Fund (AWTAX) has a volatility of 4.29%. This indicates that JEEIX experiences smaller price fluctuations and is considered to be less risky than AWTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEEIX	AWTAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	4.29%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	7.80%	10.00%	-2.20%
Volatility (1Y) Calculated over the trailing 1-year period	9.88%	13.06%	-3.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.85%	17.18%	-4.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.19%	17.33%	-3.14%

JEEIX vs. AWTAX - Expense Ratio Comparison

JEEIX has a 0.95% expense ratio, which is lower than AWTAX's 1.22% expense ratio.

Dividends

JEEIX vs. AWTAX - Dividend Comparison

JEEIX's dividend yield for the trailing twelve months is around 2.18%, less than AWTAX's 12.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWTAX Virtus Water Fund	12.33%	11.93%	7.78%	3.30%	0.42%	7.72%	1.61%	2.98%	3.71%	2.43%	0.99%	0.38%
JEEIX JHancock Infrastructure Fund	2.18%	2.37%	2.48%	2.25%	1.93%	6.70%	2.24%	4.69%	4.25%	2.29%	2.27%	1.42%

Frequently Asked Questions

Can I hold both JEEIX and AWTAX in my portfolio?

JEEIX and AWTAX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JEEIX or AWTAX?

AWTAX has higher volatility (4.29%) compared to JEEIX (3.27%). In terms of maximum drawdown, JEEIX dropped -30.39% vs AWTAX's -54.12%.

Which has better risk-adjusted returns?

JEEIX currently has the higher Sharpe Ratio (1.95 vs -0.06), 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.