JESTX vs. JAKVX

Last updated Jul 14, 2026

JESTX (John Hancock Variable Insurance Trust Science & Technology Trust) and JAKVX (John Hancock Disciplined Value Global Long/Short Fund Class R6) are both mutual funds - JESTX is a Technology Equities fund managed by John Hancock, while JAKVX is a Long-Short fund actively managed by John Hancock. Over the past year, JESTX returned 47.24% vs 21.08% for JAKVX. At a 0.33 correlation, their price movements are largely independent. JESTX charges 1.04%/yr vs 1.54%/yr for JAKVX.

Performance

JESTX vs. JAKVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Variable Insurance Trust Science & Technology Trust (JESTX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JESTX achieves a 24.93% return, which is significantly higher than JAKVX's 11.68% return.

JESTX

• 1D: 0.25%
• 1M: -5.38%
• 6M: 21.09%
• YTD: 24.93%
• 1Y: 47.24%
• 3Y*: 32.79%
• 5Y*: 16.75%
• 10Y*: —

JAKVX

• 1D: 0.00%
• 1M: -0.55%
• 6M: 9.98%
• YTD: 11.68%
• 1Y: 21.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JESTX vs. JAKVX - Yearly Performance Comparison

	2026 (YTD)	2025
JESTX John Hancock Variable Insurance Trust Science & Technology Trust	24.93%	47.24%
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	11.68%	17.29%

Correlation

The correlation between JESTX and JAKVX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025	0.33

Return for Risk

JESTX vs. JAKVX — Risk / Return Rank

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

JESTX

JESTX Risk / Return Rank: 54
JESTX Sharpe Ratio Rank: 49
JESTX Sortino Ratio Rank: 38
JESTX Omega Ratio Rank: 46
JESTX Calmar Ratio Rank: 79
JESTX Martin Ratio Rank: 57

JAKVX

JAKVX Risk / Return Rank: 91
JAKVX Sharpe Ratio Rank: 95
JAKVX Sortino Ratio Rank: 91
JAKVX Omega Ratio Rank: 88
JAKVX Calmar Ratio Rank: 93
JAKVX Martin Ratio Rank: 86

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.

JESTX vs. JAKVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Science & Technology Trust (JESTX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX). 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.

	JESTX	JAKVX	Difference
Sharpe ratio: Return per unit of total volatility	1.58	2.68	-1.10
Sortino ratio: Return per unit of downside risk	1.98	3.77	-1.79
Omega ratio: Gain probability vs. loss probability	1.28	1.52	-0.24
Calmar ratio: Return relative to maximum drawdown	2.88	4.12	-1.24
Martin ratio: Return relative to average drawdown	8.94	12.35	-3.41

JESTX vs. JAKVX - Sharpe Ratio Comparison

The current JESTX Sharpe Ratio is 1.58, which is lower than the JAKVX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of JESTX and JAKVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JESTX vs. JAKVX - Drawdown Comparison

The maximum JESTX drawdown since its inception was -46.95%, which is greater than JAKVX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for JESTX and JAKVX.

Drawdown Indicators

	JESTX	JAKVX	Difference
Max Drawdown Largest peak-to-trough decline	-46.95%	-5.16%	-41.79%
Max Drawdown (1Y) Largest decline over 1 year	-18.63%	-5.16%	-13.47%
Max Drawdown (3Y) Largest decline over 3 years	-31.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-46.95%	—	—
Current Drawdown Current decline from peak	-13.52%	-2.07%	-11.45%
Average Drawdown Average peak-to-trough decline	-9.16%	-0.95%	-8.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	1.72%	+3.98%

Volatility

JESTX vs. JAKVX - Volatility Comparison

John Hancock Variable Insurance Trust Science & Technology Trust (JESTX) has a higher volatility of 19.87% compared to John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) at 2.58%. This indicates that JESTX's price experiences larger fluctuations and is considered to be riskier than JAKVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JESTX	JAKVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.87%	2.58%	+17.29%
Volatility (6M) Calculated over the trailing 6-month period	29.28%	6.46%	+22.82%
Volatility (1Y) Calculated over the trailing 1-year period	34.00%	7.92%	+26.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.32%	7.57%	+22.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.37%	7.57%	+19.80%

JESTX vs. JAKVX - Expense Ratio Comparison

JESTX has a 1.04% expense ratio, which is lower than JAKVX's 1.54% expense ratio.

Dividends

JESTX vs. JAKVX - Dividend Comparison

JESTX's dividend yield for the trailing twelve months is around 17.58%, more than JAKVX's 7.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	7.59%	8.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JESTX John Hancock Variable Insurance Trust Science & Technology Trust	17.58%	21.96%	0.00%	0.00%	100.46%	24.96%	9.28%	19.35%	18.35%

Frequently Asked Questions

Can I hold both JESTX and JAKVX in my portfolio?

JESTX and JAKVX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JESTX or JAKVX?

JESTX has higher volatility (19.87%) compared to JAKVX (2.58%). In terms of maximum drawdown, JESTX dropped -46.95% vs JAKVX's -5.16%.

Which has better risk-adjusted returns?

JAKVX currently has the higher Sharpe Ratio (2.68 vs 1.58), 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.