JELGX vs. VBAIX
JELGX (John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio) and VBAIX (Vanguard Balanced Index Fund Institutional Shares) are both Diversified Portfolio funds. Over the past 10 years, JELGX returned 5.57%/yr vs 9.67%/yr for VBAIX. Their correlation of 0.92 means they have usually moved in the same direction. JELGX charges 0.18%/yr vs 0.04%/yr for VBAIX.
Performance
JELGX vs. VBAIX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with JELGX having a 6.14% return and VBAIX slightly lower at 5.84%. Over the past 10 years, JELGX has underperformed VBAIX with an annualized return of 5.57%, while VBAIX has yielded a comparatively higher 9.67% annualized return.
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%
VBAIX
- 1D
- 1.01%
- 1M
- -0.81%
- 6M
- 4.74%
- YTD
- 5.84%
- 1Y
- 13.39%
- 3Y*
- 13.84%
- 5Y*
- 7.53%
- 10Y*
- 9.67%
- ALL TIME*
- 7.40%
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. VBAIX - 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% |
VBAIX Vanguard Balanced Index Fund Institutional Shares | 5.84% | 13.60% | 17.78% | 17.55% | -16.87% | 14.20% | 16.40% | 21.79% | -2.83% | 13.86% |
Correlation
The correlation between JELGX and VBAIX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.88 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.89 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2000 | 0.92 |
The correlation between JELGX and VBAIX has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.
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Return for Risk
JELGX vs. VBAIX — Risk / Return Rank
JELGX
VBAIX
JELGX vs. VBAIX - 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 Vanguard Balanced Index Fund Institutional Shares (VBAIX). 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 | VBAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.26 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 2.13 | -0.22 |
| Martin ratioReturn relative to average drawdown | 7.32 | 9.09 | -1.76 |
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Drawdowns
JELGX vs. VBAIX - Drawdown Comparison
The maximum JELGX drawdown since its inception was -58.74%, which is greater than VBAIX's maximum drawdown of -35.82%. Use the drawdown chart below to compare losses from any high point for JELGX and VBAIX.
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Drawdown Indicators
| JELGX | VBAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.74% | -35.82% | -22.92% |
Max Drawdown (1Y)Largest decline over 1 year | -7.91% | -5.84% | -2.07% |
Max Drawdown (3Y)Largest decline over 3 years | -12.77% | -11.57% | -1.20% |
Max Drawdown (5Y)Largest decline over 5 years | -18.68% | -21.52% | +2.84% |
Max Drawdown (10Y)Largest decline over 10 years | -21.45% | -22.77% | +1.32% |
Current DrawdownCurrent decline from peak | -2.28% | -1.46% | -0.82% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -4.40% | -11.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 1.36% | +0.62% |
Volatility
JELGX vs. VBAIX - Volatility Comparison
John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio (JELGX) has a higher volatility of 2.93% compared to Vanguard Balanced Index Fund Institutional Shares (VBAIX) at 2.31%. This indicates that JELGX's price experiences larger fluctuations and is considered to be riskier than VBAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JELGX | VBAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 2.31% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 6.84% | +2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 8.56% | +2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.77% | 11.19% | -0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.61% | 11.25% | -0.64% |
JELGX vs. VBAIX - Expense Ratio Comparison
JELGX has a 0.18% expense ratio, which is higher than VBAIX's 0.04% 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
JELGX vs. VBAIX - Dividend Comparison
JELGX's dividend yield for the trailing twelve months is around 7.73%, more than VBAIX's 5.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VBAIX Vanguard Balanced Index Fund Institutional Shares | 5.39% | 6.01% | 8.01% | 4.36% | 2.84% | 3.20% | 2.65% | 2.29% | 2.33% | 1.96% | 2.10% | 2.10% |
Frequently Asked Questions
JELGX and VBAIX have a correlation of 0.88, 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 VBAIX (2.31%). In terms of maximum drawdown, JELGX dropped -58.74% vs VBAIX's -35.82%.
VBAIX currently has the higher Sharpe Ratio (1.45 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.
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