JELGX vs. FSIRX
JELGX (John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio) and FSIRX (Fidelity Advisor Strategic Real Return Fund Class I) are both Diversified Portfolio funds. Over the past 10 years, JELGX returned 5.57%/yr vs 5.47%/yr for FSIRX. Their 0.56 correlation means they have sometimes moved together and sometimes differently. JELGX charges 0.18%/yr vs 0.70%/yr for FSIRX.
Performance
JELGX vs. FSIRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JELGX achieves a 6.14% return, which is significantly lower than FSIRX's 7.04% return. Both investments have delivered pretty close results over the past 10 years, with JELGX having a 5.57% annualized return and FSIRX not far behind at 5.47%.
JELGX
- 1D
- 1.47%
- 1M
- -0.88%
- 6M
- 3.49%
- YTD
- 6.14%
- 1Y
- 14.16%
- 3Y*
- 10.70%
- 5Y*
- 5.56%
- 10Y*
- 5.57%
- ALL TIME*
- 2.09%
FSIRX
- 1D
- 0.00%
- 1M
- 0.75%
- 6M
- 3.41%
- YTD
- 7.04%
- 1Y
- 13.22%
- 3Y*
- 8.16%
- 5Y*
- 5.54%
- 10Y*
- 5.47%
- ALL TIME*
- 4.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JELGX vs. FSIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JELGX John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio | 6.14% | 10.85% | 11.92% | 13.80% | -14.85% | 12.82% | -1.50% | 19.53% | -6.56% | 12.01% |
FSIRX Fidelity Advisor Strategic Real Return Fund Class I | 7.04% | 10.38% | 5.83% | 4.58% | -3.34% | 15.89% | 3.72% | 10.55% | -3.99% | 4.10% |
Correlation
The correlation between JELGX and FSIRX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2005 | 0.56 |
Over the past year, the correlation between JELGX and FSIRX has dropped to 0.30 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JELGX vs. FSIRX — Risk / Return Rank
JELGX
FSIRX
JELGX vs. FSIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio (JELGX) and Fidelity Advisor Strategic Real Return Fund Class I (FSIRX). 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.
| JELGX | FSIRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.49 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 3.61 | -1.71 |
| Martin ratioReturn relative to average drawdown | 7.32 | 11.63 | -4.31 |
Loading charts...
Drawdowns
JELGX vs. FSIRX - Drawdown Comparison
The maximum JELGX drawdown since its inception was -58.74%, which is greater than FSIRX's maximum drawdown of -33.39%. Use the drawdown chart below to compare losses from any high point for JELGX and FSIRX.
Loading charts...
Drawdown Indicators
| JELGX | FSIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.74% | -33.39% | -25.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.91% | -3.53% | -4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -12.77% | -5.81% | -6.96% |
Max Drawdown (5Y)Largest decline over 5 years | -18.68% | -12.82% | -5.86% |
Max Drawdown (10Y)Largest decline over 10 years | -21.45% | -19.98% | -1.47% |
Current DrawdownCurrent decline from peak | -2.28% | -2.28% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -4.15% | -12.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 1.09% | +0.89% |
Volatility
JELGX vs. FSIRX - Volatility Comparison
John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio (JELGX) has a higher volatility of 2.93% compared to Fidelity Advisor Strategic Real Return Fund Class I (FSIRX) at 1.75%. This indicates that JELGX's price experiences larger fluctuations and is considered to be riskier than FSIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JELGX | FSIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 1.75% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 3.98% | +5.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 5.07% | +6.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.77% | 6.93% | +3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.61% | 6.75% | +3.86% |
JELGX vs. FSIRX - Expense Ratio Comparison
JELGX has a 0.18% expense ratio, which is lower than FSIRX's 0.70% expense ratio.
Dividends
JELGX vs. FSIRX - Dividend Comparison
JELGX's dividend yield for the trailing twelve months is around 7.73%, more than FSIRX's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSIRX Fidelity Advisor Strategic Real Return Fund Class I | 3.23% | 4.72% | 4.80% | 5.28% | 7.33% | 5.37% | 2.23% | 3.09% | 9.42% | 2.63% | 2.37% | 1.75% |
JELGX John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio | 7.73% | 8.21% | 2.68% | 15.02% | 4.73% | 2.20% | 8.29% | 9.21% | 12.38% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JELGX and FSIRX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JELGX has higher volatility (2.93%) compared to FSIRX (1.75%). In terms of maximum drawdown, JELGX dropped -58.74% vs FSIRX's -33.39%.
FSIRX currently has the higher Sharpe Ratio (2.54 vs 1.32), 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.
Find the right allocation for JELGX and FSIRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer