JELCX vs. LIVIX
JELCX (John Hancock Variable Insurance Trust Managed Volatility Conservative Portfolio) and LIVIX (BlackRock LifePath Index 2055 Fund) are both mutual funds - JELCX is a Diversified Portfolio fund managed by BlackRock, while LIVIX is a Target Retirement Date fund managed by BlackRock. Over the past 10 years, JELCX returned 2.10%/yr vs 11.94%/yr for LIVIX. A 0.59 correlation means they provide meaningful diversification when combined. JELCX charges 0.18%/yr vs 0.10%/yr for LIVIX.
Performance
JELCX vs. LIVIX - Performance Comparison
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Returns By Period
In the year-to-date period, JELCX achieves a 3.16% return, which is significantly lower than LIVIX's 12.57% return. Over the past 10 years, JELCX has underperformed LIVIX with an annualized return of 2.10%, while LIVIX has yielded a comparatively higher 11.94% annualized return.
JELCX
- 1D
- 0.19%
- 1M
- 0.29%
- YTD
- 3.16%
- 6M
- 3.26%
- 1Y
- 10.11%
- 3Y*
- 6.18%
- 5Y*
- 1.25%
- 10Y*
- 2.10%
LIVIX
- 1D
- 0.41%
- 1M
- 2.10%
- YTD
- 12.57%
- 6M
- 13.11%
- 1Y
- 29.28%
- 3Y*
- 19.89%
- 5Y*
- 10.23%
- 10Y*
- 11.94%
JELCX vs. LIVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JELCX John Hancock Variable Insurance Trust Managed Volatility Conservative Portfolio | 3.16% | 8.84% | 3.59% | 5.49% | -14.80% | 3.47% | 3.39% | 13.38% | -2.18% | 3.24% |
LIVIX BlackRock LifePath Index 2055 Fund | 12.57% | 21.57% | 13.60% | 21.62% | -18.38% | 18.75% | 14.99% | 26.76% | -7.83% | 21.38% |
Correlation
The correlation between JELCX and LIVIX is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011 | 0.59 |
The correlation between JELCX and LIVIX shifts across timeframes, from 0.52 (5 years) to 0.72 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JELCX vs. LIVIX — Risk / Return Rank
JELCX
LIVIX
JELCX vs. LIVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Managed Volatility Conservative Portfolio (JELCX) and BlackRock LifePath Index 2055 Fund (LIVIX). 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.
| JELCX | LIVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.42 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 3.09 | -0.31 |
| Martin ratioReturn relative to average drawdown | 11.50 | 13.69 | -2.19 |
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
| JELCX | LIVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 2.32 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.65 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.72 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.64 | -0.58 |
Drawdowns
JELCX vs. LIVIX - Drawdown Comparison
The maximum JELCX drawdown since its inception was -33.80%, roughly equal to the maximum LIVIX drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for JELCX and LIVIX.
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Drawdown Indicators
| JELCX | LIVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.80% | -34.44% | +0.64% |
Max Drawdown (1Y)Largest decline over 1 year | -4.05% | -9.44% | +5.39% |
Max Drawdown (3Y)Largest decline over 3 years | -7.02% | -17.39% | +10.37% |
Max Drawdown (5Y)Largest decline over 5 years | -18.46% | -26.45% | +7.99% |
Max Drawdown (10Y)Largest decline over 10 years | -18.46% | -34.44% | +15.98% |
Current DrawdownCurrent decline from peak | -0.14% | -0.46% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -10.46% | -4.52% | -5.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 2.13% | -1.20% |
Volatility
JELCX vs. LIVIX - Volatility Comparison
The current volatility for John Hancock Variable Insurance Trust Managed Volatility Conservative Portfolio (JELCX) is 1.63%, while BlackRock LifePath Index 2055 Fund (LIVIX) has a volatility of 3.84%. This indicates that JELCX experiences smaller price fluctuations and is considered to be less risky than LIVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JELCX | LIVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 3.84% | -2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 10.10% | -6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.09% | 12.57% | -7.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 15.84% | -9.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.55% | 16.71% | -11.16% |
JELCX vs. LIVIX - Expense Ratio Comparison
JELCX has a 0.18% expense ratio, which is higher than LIVIX's 0.10% 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%.
Dividends
JELCX vs. LIVIX - Dividend Comparison
JELCX's dividend yield for the trailing twelve months is around 3.69%, more than LIVIX's 2.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JELCX John Hancock Variable Insurance Trust Managed Volatility Conservative Portfolio | 3.69% | 3.81% | 3.39% | 5.18% | 3.05% | 3.12% | 4.47% | 2.39% | 5.92% | 0.00% | 0.00% | 0.00% |
LIVIX BlackRock LifePath Index 2055 Fund | 2.20% | 2.48% | 0.01% | 2.04% | 1.96% | 2.04% | 1.56% | 2.95% | 2.35% | 2.27% | 1.54% | 2.88% |
Frequently Asked Questions
JELCX and LIVIX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LIVIX has higher volatility (3.84%) compared to JELCX (1.63%). In terms of maximum drawdown, JELCX dropped -33.80% vs LIVIX's -34.44%.
LIVIX currently has the higher Sharpe Ratio (2.32 vs 2.22), 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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