JELBX vs. PALDX
Compare and contrast key facts about John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) and PGIM 60/40 Allocation Fund (PALDX).
JELBX is managed by BlackRock. It was launched on Jan 6, 1997. PALDX is managed by PGIM. It was launched on Sep 12, 2017.
Performance
JELBX vs. PALDX - Performance Comparison
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JELBX vs. PALDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JELBX John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | -3.12% | 9.73% | 9.33% | 12.06% | -15.06% | 9.76% | 1.76% | 17.91% | -4.89% | 1.41% |
PALDX PGIM 60/40 Allocation Fund | -1.78% | 13.62% | 18.96% | 18.90% | -15.65% | 16.30% | 10.68% | 22.27% | -4.12% | 5.95% |
Returns By Period
In the year-to-date period, JELBX achieves a -3.12% return, which is significantly lower than PALDX's -1.78% return.
JELBX
- 1D
- 0.00%
- 1M
- -6.21%
- YTD
- -3.12%
- 6M
- -1.31%
- 1Y
- 6.31%
- 3Y*
- 7.89%
- 5Y*
- 3.55%
- 10Y*
- 3.82%
PALDX
- 1D
- 1.92%
- 1M
- -3.56%
- YTD
- -1.78%
- 6M
- 0.52%
- 1Y
- 14.14%
- 3Y*
- 14.44%
- 5Y*
- 8.20%
- 10Y*
- —
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JELBX vs. PALDX - Expense Ratio Comparison
JELBX has a 0.17% expense ratio, which is higher than PALDX's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
JELBX vs. PALDX — Risk / Return Rank
JELBX
PALDX
JELBX vs. PALDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) and PGIM 60/40 Allocation Fund (PALDX). 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.
| JELBX | PALDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 1.26 | -0.61 |
Sortino ratioReturn per unit of downside risk | 0.98 | 1.86 | -0.88 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.28 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.39 | 1.82 | -1.43 |
Martin ratioReturn relative to average drawdown | 1.37 | 8.67 | -7.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JELBX | PALDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 1.26 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.68 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.73 | -0.61 |
Correlation
The correlation between JELBX and PALDX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JELBX vs. PALDX - Dividend Comparison
JELBX's dividend yield for the trailing twelve months is around 7.00%, more than PALDX's 5.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JELBX John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | 7.00% | 6.78% | 2.98% | 10.88% | 6.00% | 2.55% | 7.95% | 6.43% | 10.30% | 0.00% |
PALDX PGIM 60/40 Allocation Fund | 5.52% | 5.42% | 10.40% | 2.94% | 6.19% | 6.87% | 2.58% | 4.58% | 3.65% | 1.48% |
Drawdowns
JELBX vs. PALDX - Drawdown Comparison
The maximum JELBX drawdown since its inception was -50.73%, which is greater than PALDX's maximum drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for JELBX and PALDX.
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Drawdown Indicators
| JELBX | PALDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.73% | -26.16% | -24.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -8.20% | +0.91% |
Max Drawdown (5Y)Largest decline over 5 years | -18.54% | -20.47% | +1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -18.81% | — | — |
Current DrawdownCurrent decline from peak | -6.38% | -4.16% | -2.22% |
Average DrawdownAverage peak-to-trough decline | -13.20% | -4.16% | -9.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 1.72% | +1.09% |
Volatility
JELBX vs. PALDX - Volatility Comparison
The current volatility for John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) is 3.55%, while PGIM 60/40 Allocation Fund (PALDX) has a volatility of 3.74%. This indicates that JELBX experiences smaller price fluctuations and is considered to be less risky than PALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JELBX | PALDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 3.74% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 5.92% | 6.16% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.36% | 11.65% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.48% | 12.11% | -3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.48% | 12.76% | -4.28% |