JELBX vs. STDAX
JELBX (John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio) and STDAX (SEI Asset Allocation Trust Defensive Strategy Allocation Fund) are both Diversified Portfolio funds. Over the past 10 years, JELBX returned 4.63%/yr vs 2.40%/yr for STDAX. A 0.72 correlation means they provide meaningful diversification when combined. JELBX charges 0.17%/yr vs 0.35%/yr for STDAX.
Performance
JELBX vs. STDAX - Performance Comparison
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Returns By Period
In the year-to-date period, JELBX achieves a 6.42% return, which is significantly higher than STDAX's 1.30% return. Over the past 10 years, JELBX has outperformed STDAX with an annualized return of 4.63%, while STDAX has yielded a comparatively lower 2.40% annualized return.
JELBX
- 1D
- -0.51%
- 1M
- 1.93%
- YTD
- 6.42%
- 6M
- 6.61%
- 1Y
- 16.22%
- 3Y*
- 11.00%
- 5Y*
- 4.63%
- 10Y*
- 4.63%
STDAX
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.30%
- 6M
- 1.61%
- 1Y
- 3.99%
- 3Y*
- 4.49%
- 5Y*
- 2.87%
- 10Y*
- 2.40%
JELBX vs. STDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JELBX John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | 6.42% | 9.73% | 9.33% | 12.06% | -15.06% | 9.76% | 1.76% | 17.91% | -4.89% | 7.55% |
STDAX SEI Asset Allocation Trust Defensive Strategy Allocation Fund | 1.30% | 4.46% | 5.35% | 4.45% | -1.58% | 1.56% | -19.54% | 19.83% | -3.32% | 9.70% |
Correlation
The correlation between JELBX and STDAX is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2004 | 0.72 |
Over the past year, the correlation between JELBX and STDAX has dropped to 0.51 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
JELBX vs. STDAX — Risk / Return Rank
JELBX
STDAX
JELBX vs. STDAX - 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 SEI Asset Allocation Trust Defensive Strategy Allocation Fund (STDAX). 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 | STDAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.36 | ||
| Sortino ratioReturn per unit of downside risk | -5.00 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 2.71 | -1.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 11.21 | -8.21 |
| Martin ratioReturn relative to average drawdown | 12.72 | 47.83 | -35.11 |
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 | STDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.33 | 4.69 | -2.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 1.47 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.36 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.00 | +0.14 |
Drawdowns
JELBX vs. STDAX - Drawdown Comparison
The maximum JELBX drawdown since its inception was -50.73%, smaller than the maximum STDAX drawdown of -76.81%. Use the drawdown chart below to compare losses from any high point for JELBX and STDAX.
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Drawdown Indicators
| JELBX | STDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.73% | -76.81% | +26.08% |
Max Drawdown (1Y)Largest decline over 1 year | -6.38% | -0.36% | -6.02% |
Max Drawdown (3Y)Largest decline over 3 years | -9.82% | -1.68% | -8.14% |
Max Drawdown (5Y)Largest decline over 5 years | -18.54% | -2.91% | -15.63% |
Max Drawdown (10Y)Largest decline over 10 years | -18.81% | -26.89% | +8.08% |
Current DrawdownCurrent decline from peak | -0.51% | -8.71% | +8.20% |
Average DrawdownAverage peak-to-trough decline | -13.13% | -31.76% | +18.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 0.08% | +1.34% |
Volatility
JELBX vs. STDAX - Volatility Comparison
John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) has a higher volatility of 2.61% compared to SEI Asset Allocation Trust Defensive Strategy Allocation Fund (STDAX) at 0.34%. This indicates that JELBX's price experiences larger fluctuations and is considered to be riskier than STDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JELBX | STDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 0.34% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 6.48% | 0.68% | +5.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.22% | 0.86% | +7.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.57% | 1.96% | +6.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.55% | 6.64% | +1.91% |
JELBX vs. STDAX - Expense Ratio Comparison
JELBX has a 0.17% expense ratio, which is lower than STDAX's 0.35% expense ratio.
Dividends
JELBX vs. STDAX - Dividend Comparison
JELBX's dividend yield for the trailing twelve months is around 6.37%, more than STDAX's 4.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JELBX John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | 6.37% | 6.78% | 2.98% | 10.88% | 6.00% | 2.55% | 7.95% | 6.43% | 10.30% | 0.00% | 0.00% | 0.00% |
STDAX SEI Asset Allocation Trust Defensive Strategy Allocation Fund | 4.56% | 4.49% | 4.97% | 4.77% | 3.54% | 0.87% | 1.71% | 5.19% | 8.53% | 6.92% | 10.19% | 3.84% |
Frequently Asked Questions
JELBX and STDAX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JELBX has higher volatility (2.61%) compared to STDAX (0.34%). In terms of maximum drawdown, JELBX dropped -50.73% vs STDAX's -76.81%.
STDAX currently has the higher Sharpe Ratio (4.69 vs 2.33), 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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