Correlation
The correlation between JESIX and FSSNX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
JESIX vs. FSSNX
Compare and contrast key facts about John Hancock Variable Insurance Trust Small Cap Index Trust (JESIX) and Fidelity Small Cap Index Fund (FSSNX).
JESIX is managed by John Hancock. It was launched on May 1, 2000. FSSNX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JESIX or FSSNX.
Performance
JESIX vs. FSSNX - Performance Comparison
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Key characteristics
JESIX:
-0.04
FSSNX:
0.08
JESIX:
0.09
FSSNX:
0.27
JESIX:
1.01
FSSNX:
1.03
JESIX:
-0.04
FSSNX:
0.06
JESIX:
-0.15
FSSNX:
0.15
JESIX:
10.03%
FSSNX:
9.83%
JESIX:
24.77%
FSSNX:
24.66%
JESIX:
-63.47%
FSSNX:
-41.72%
JESIX:
-30.39%
FSSNX:
-14.70%
Returns By Period
The year-to-date returns for both investments are quite close, with JESIX having a -7.02% return and FSSNX slightly higher at -6.79%. Over the past 10 years, JESIX has underperformed FSSNX with an annualized return of -1.09%, while FSSNX has yielded a comparatively higher 6.73% annualized return.
JESIX
-7.02%
5.30%
-14.86%
-1.05%
-2.08%
1.89%
-1.09%
FSSNX
-6.79%
5.35%
-14.45%
2.03%
5.18%
9.74%
6.73%
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JESIX vs. FSSNX - Expense Ratio Comparison
JESIX has a 0.53% expense ratio, which is higher than FSSNX's 0.03% expense ratio.
Risk-Adjusted Performance
JESIX vs. FSSNX — Risk-Adjusted Performance Rank
JESIX
FSSNX
JESIX vs. FSSNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Small Cap Index Trust (JESIX) and Fidelity Small Cap Index Fund (FSSNX). 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.
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Dividends
JESIX vs. FSSNX - Dividend Comparison
JESIX's dividend yield for the trailing twelve months is around 2.94%, more than FSSNX's 1.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JESIX John Hancock Variable Insurance Trust Small Cap Index Trust | 2.94% | 2.74% | 2.52% | 18.69% | 8.36% | 7.53% | 10.63% | 8.41% | 4.29% | 8.24% | 10.60% | 7.31% |
FSSNX Fidelity Small Cap Index Fund | 1.10% | 1.03% | 1.43% | 1.26% | 3.92% | 0.94% | 2.96% | 5.39% | 3.67% | 2.27% | 4.08% | 3.57% |
Drawdowns
JESIX vs. FSSNX - Drawdown Comparison
The maximum JESIX drawdown since its inception was -63.47%, which is greater than FSSNX's maximum drawdown of -41.72%. Use the drawdown chart below to compare losses from any high point for JESIX and FSSNX.
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Volatility
JESIX vs. FSSNX - Volatility Comparison
John Hancock Variable Insurance Trust Small Cap Index Trust (JESIX) and Fidelity Small Cap Index Fund (FSSNX) have volatilities of 6.45% and 6.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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