JELMX vs. LIVIX
JELMX (John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio) and LIVIX (BlackRock LifePath Index 2055 Fund) are both mutual funds - JELMX is a Diversified Portfolio fund managed by BlackRock, while LIVIX is a Target Retirement Date fund managed by BlackRock. Over the past 10 years, JELMX returned 4.11%/yr vs 12.04%/yr for LIVIX. Their correlation of 0.85 suggests significant overlap in exposure. JELMX charges 0.17%/yr vs 0.10%/yr for LIVIX.
Performance
JELMX vs. LIVIX - Performance Comparison
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Returns By Period
In the year-to-date period, JELMX achieves a 5.71% return, which is significantly lower than LIVIX's 13.10% return. Over the past 10 years, JELMX has underperformed LIVIX with an annualized return of 4.11%, while LIVIX has yielded a comparatively higher 12.04% annualized return.
JELMX
- 1D
- 0.18%
- 1M
- 2.59%
- YTD
- 5.71%
- 6M
- 5.92%
- 1Y
- 15.04%
- 3Y*
- 9.90%
- 5Y*
- 4.01%
- 10Y*
- 4.11%
LIVIX
- 1D
- 0.47%
- 1M
- 5.62%
- YTD
- 13.10%
- 6M
- 13.99%
- 1Y
- 29.98%
- 3Y*
- 19.96%
- 5Y*
- 10.51%
- 10Y*
- 12.04%
JELMX vs. LIVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JELMX John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio | 5.71% | 9.26% | 8.15% | 10.70% | -14.86% | 7.89% | 3.27% | 16.71% | -3.99% | 5.84% |
LIVIX BlackRock LifePath Index 2055 Fund | 13.10% | 21.57% | 13.60% | 21.62% | -18.38% | 18.75% | 14.99% | 26.76% | -7.83% | 21.38% |
Correlation
The correlation between JELMX and LIVIX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011 | 0.85 |
The correlation between JELMX and LIVIX has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.
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Return for Risk
JELMX vs. LIVIX — Risk / Return Rank
JELMX
LIVIX
JELMX vs. LIVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio (JELMX) 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.
| JELMX | LIVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.44 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 3.22 | -0.08 |
| Martin ratioReturn relative to average drawdown | 13.27 | 14.29 | -1.02 |
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
| JELMX | LIVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.46 | 2.43 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.67 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.72 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.64 | -0.50 |
Drawdowns
JELMX vs. LIVIX - Drawdown Comparison
The maximum JELMX drawdown since its inception was -44.89%, which is greater than LIVIX's maximum drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for JELMX and LIVIX.
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Drawdown Indicators
| JELMX | LIVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.89% | -34.44% | -10.45% |
Max Drawdown (1Y)Largest decline over 1 year | -5.55% | -9.44% | +3.89% |
Max Drawdown (3Y)Largest decline over 3 years | -8.14% | -17.39% | +9.25% |
Max Drawdown (5Y)Largest decline over 5 years | -18.32% | -26.45% | +8.13% |
Max Drawdown (10Y)Largest decline over 10 years | -18.32% | -34.44% | +16.12% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -11.61% | -4.52% | -7.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 2.13% | -0.89% |
Volatility
JELMX vs. LIVIX - Volatility Comparison
The current volatility for John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio (JELMX) is 2.30%, while BlackRock LifePath Index 2055 Fund (LIVIX) has a volatility of 3.86%. This indicates that JELMX 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
| JELMX | LIVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 3.86% | -1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 5.69% | 10.06% | -4.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.08% | 12.54% | -5.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.59% | 15.84% | -8.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.42% | 16.72% | -9.30% |
JELMX vs. LIVIX - Expense Ratio Comparison
JELMX has a 0.17% 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
JELMX vs. LIVIX - Dividend Comparison
JELMX's dividend yield for the trailing twelve months is around 5.01%, more than LIVIX's 2.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JELMX John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio | 5.01% | 5.30% | 2.83% | 9.63% | 6.29% | 2.77% | 7.50% | 5.78% | 9.60% | 0.00% | 0.00% | 0.00% |
LIVIX BlackRock LifePath Index 2055 Fund | 2.19% | 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
JELMX and LIVIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LIVIX has higher volatility (3.86%) compared to JELMX (2.30%). In terms of maximum drawdown, JELMX dropped -44.89% vs LIVIX's -34.44%.
JELMX currently has the higher Sharpe Ratio (2.46 vs 2.43), 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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