JEQAX vs. JCCIX

Last updated Jun 5, 2026

JEQAX (John Hancock Variable Insurance Trust Fundamental All Cap Core Trust) and JCCIX (John Hancock Small Cap Core Fund) are both mutual funds - JEQAX is a Large Cap Growth Equities fund managed by John Hancock, while JCCIX is a Small Cap Blend Equities fund managed by John Hancock. Over the past 5 years, JEQAX returned 8.36%/yr vs 4.31%/yr for JCCIX. Their correlation of 0.83 suggests significant overlap in exposure. JEQAX charges 0.76%/yr vs 0.98%/yr for JCCIX.

Performance

JEQAX vs. JCCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Variable Insurance Trust Fundamental All Cap Core Trust (JEQAX) and John Hancock Small Cap Core Fund (JCCIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEQAX achieves a 0.72% return, which is significantly lower than JCCIX's 17.92% return.

JEQAX

• 1D: -1.13%
• 1M: 0.07%
• YTD: 0.72%
• 6M: 0.00%
• 1Y: 10.99%
• 3Y*: 14.86%
• 5Y*: 8.36%
• 10Y*: —

JCCIX

• 1D: -0.99%
• 1M: 4.33%
• YTD: 17.92%
• 6M: 17.67%
• 1Y: 26.10%
• 3Y*: 12.29%
• 5Y*: 4.31%
• 10Y*: 10.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JEQAX vs. JCCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JEQAX John Hancock Variable Insurance Trust Fundamental All Cap Core Trust	0.72%	4.79%	24.22%	35.53%	-24.07%	30.61%	26.78%	36.43%	-13.42%	21.18%
JCCIX John Hancock Small Cap Core Fund	17.92%	-1.90%	10.62%	16.52%	-19.09%	24.10%	25.99%	26.79%	-18.28%	13.61%

Correlation

The correlation between JEQAX and JCCIX is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Feb 2, 2017	0.83

Over the past year, the correlation between JEQAX and JCCIX has dropped to 0.58 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

JEQAX vs. JCCIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JEQAX

JEQAX Risk / Return Rank: 13
JEQAX Sharpe Ratio Rank: 15
JEQAX Sortino Ratio Rank: 15
JEQAX Omega Ratio Rank: 14
JEQAX Calmar Ratio Rank: 11
JEQAX Martin Ratio Rank: 12

JCCIX

JCCIX Risk / Return Rank: 32
JCCIX Sharpe Ratio Rank: 26
JCCIX Sortino Ratio Rank: 26
JCCIX Omega Ratio Rank: 24
JCCIX Calmar Ratio Rank: 45
JCCIX Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JEQAX vs. JCCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Fundamental All Cap Core Trust (JEQAX) and John Hancock Small Cap Core Fund (JCCIX). 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.

	JEQAX	JCCIX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.45	-0.44
Sortino ratio: Return per unit of downside risk	1.50	2.11	-0.61
Omega ratio: Gain probability vs. loss probability	1.18	1.25	-0.07
Calmar ratio: Return relative to maximum drawdown	1.02	2.56	-1.54
Martin ratio: Return relative to average drawdown	3.32	8.13	-4.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEQAX vs. JCCIX - Sharpe Ratio Comparison

The current JEQAX Sharpe Ratio is 1.01, which is lower than the JCCIX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of JEQAX and JCCIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JEQAX	JCCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	1.45	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.20	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.43	+0.20

Drawdowns

JEQAX vs. JCCIX - Drawdown Comparison

The maximum JEQAX drawdown since its inception was -37.58%, roughly equal to the maximum JCCIX drawdown of -38.69%. Use the drawdown chart below to compare losses from any high point for JEQAX and JCCIX.

Drawdown Indicators

	JEQAX	JCCIX	Difference
Max Drawdown Largest peak-to-trough decline	-37.58%	-38.69%	+1.11%
Max Drawdown (1Y) Largest decline over 1 year	-14.02%	-10.42%	-3.60%
Max Drawdown (3Y) Largest decline over 3 years	-23.88%	-27.47%	+3.59%
Max Drawdown (5Y) Largest decline over 5 years	-29.00%	-27.47%	-1.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.69%	—
Current Drawdown Current decline from peak	-2.57%	-1.09%	-1.48%
Average Drawdown Average peak-to-trough decline	-6.49%	-7.61%	+1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.96%	3.27%	+1.69%

Volatility

JEQAX vs. JCCIX - Volatility Comparison

The current volatility for John Hancock Variable Insurance Trust Fundamental All Cap Core Trust (JEQAX) is 3.40%, while John Hancock Small Cap Core Fund (JCCIX) has a volatility of 5.16%. This indicates that JEQAX experiences smaller price fluctuations and is considered to be less risky than JCCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEQAX	JCCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	5.16%	-1.76%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	12.87%	-1.83%
Volatility (1Y) Calculated over the trailing 1-year period	14.12%	18.47%	-4.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	21.61%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.60%	21.48%	+0.12%

JEQAX vs. JCCIX - Expense Ratio Comparison

JEQAX has a 0.76% expense ratio, which is lower than JCCIX's 0.98% expense ratio.

Dividends

JEQAX vs. JCCIX - Dividend Comparison

JEQAX's dividend yield for the trailing twelve months is around 12.23%, more than JCCIX's 3.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JCCIX John Hancock Small Cap Core Fund	3.84%	4.53%	0.96%	0.83%	0.99%	12.20%	1.43%	0.00%	5.55%	11.90%	0.73%	1.07%
JEQAX John Hancock Variable Insurance Trust Fundamental All Cap Core Trust	12.23%	12.32%	9.43%	13.44%	11.73%	8.06%	2.93%	8.07%	17.47%	0.29%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEQAX and JCCIX in my portfolio?

JEQAX and JCCIX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JEQAX or JCCIX?

JCCIX has higher volatility (5.16%) compared to JEQAX (3.40%). In terms of maximum drawdown, JEQAX dropped -37.58% vs JCCIX's -38.69%.

Which has better risk-adjusted returns?

JCCIX currently has the higher Sharpe Ratio (1.45 vs 1.01), 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.