JETSX vs. SVBAX

Last updated Jun 5, 2026

JETSX (John Hancock Variable Insurance Trust Total Stock Market Index Trust Fund) and SVBAX (John Hancock Balanced Fund) are both mutual funds - JETSX is a Large Cap Blend Equities fund managed by John Hancock, while SVBAX is a Diversified Portfolio fund managed by John Hancock. Over the past 5 years, JETSX returned 12.02%/yr vs 8.96%/yr for SVBAX. Their correlation of 0.91 suggests significant overlap in exposure. JETSX charges 0.49%/yr vs 1.03%/yr for SVBAX.

Performance

JETSX vs. SVBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Variable Insurance Trust Total Stock Market Index Trust Fund (JETSX) and John Hancock Balanced Fund (SVBAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JETSX having a 10.62% return and SVBAX slightly lower at 10.17%.

JETSX

• 1D: -0.77%
• 1M: 3.86%
• YTD: 10.62%
• 6M: 10.21%
• 1Y: 27.09%
• 3Y*: 21.50%
• 5Y*: 12.02%
• 10Y*: —

SVBAX

• 1D: -0.37%
• 1M: 2.84%
• YTD: 10.17%
• 6M: 9.97%
• 1Y: 23.74%
• 3Y*: 16.55%
• 5Y*: 8.96%
• 10Y*: 10.05%

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

JETSX vs. SVBAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JETSX John Hancock Variable Insurance Trust Total Stock Market Index Trust Fund	10.62%	16.65%	23.49%	25.60%	-20.14%	24.45%	21.19%	29.62%	-6.02%	15.53%
SVBAX John Hancock Balanced Fund	10.17%	15.69%	13.31%	18.22%	-15.79%	14.49%	15.97%	21.28%	-5.02%	11.79%

Correlation

The correlation between JETSX and SVBAX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Feb 2, 2017	0.91

The correlation between JETSX and SVBAX shifts across timeframes, from 0.80 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JETSX vs. SVBAX — Risk / Return Rank

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

JETSX

JETSX Risk / Return Rank: 75
JETSX Sharpe Ratio Rank: 74
JETSX Sortino Ratio Rank: 72
JETSX Omega Ratio Rank: 66
JETSX Calmar Ratio Rank: 79
JETSX Martin Ratio Rank: 84

SVBAX

SVBAX Risk / Return Rank: 88
SVBAX Sharpe Ratio Rank: 89
SVBAX Sortino Ratio Rank: 88
SVBAX Omega Ratio Rank: 82
SVBAX Calmar Ratio Rank: 88
SVBAX Martin Ratio Rank: 94

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.

JETSX vs. SVBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Total Stock Market Index Trust Fund (JETSX) and John Hancock Balanced Fund (SVBAX). 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.

	JETSX	SVBAX	Difference
Sharpe ratio: Return per unit of total volatility	2.47	2.97	-0.50
Sortino ratio: Return per unit of downside risk	3.49	4.31	-0.82
Omega ratio: Gain probability vs. loss probability	1.44	1.55	-0.11
Calmar ratio: Return relative to maximum drawdown	3.47	4.38	-0.92
Martin ratio: Return relative to average drawdown	15.30	21.63	-6.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JETSX vs. SVBAX - Sharpe Ratio Comparison

The current JETSX Sharpe Ratio is 2.47, which is comparable to the SVBAX Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of JETSX and SVBAX, 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

	JETSX	SVBAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	2.97	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.84	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.70	+0.05

Drawdowns

JETSX vs. SVBAX - Drawdown Comparison

The maximum JETSX drawdown since its inception was -34.90%, smaller than the maximum SVBAX drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for JETSX and SVBAX.

Drawdown Indicators

	JETSX	SVBAX	Difference
Max Drawdown Largest peak-to-trough decline	-34.90%	-40.81%	+5.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-5.57%	-3.42%
Max Drawdown (3Y) Largest decline over 3 years	-19.94%	-12.06%	-7.88%
Max Drawdown (5Y) Largest decline over 5 years	-25.97%	-20.53%	-5.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.00%	—
Current Drawdown Current decline from peak	-0.77%	-0.37%	-0.40%
Average Drawdown Average peak-to-trough decline	-5.22%	-5.24%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	1.13%	+0.80%

Volatility

JETSX vs. SVBAX - Volatility Comparison

John Hancock Variable Insurance Trust Total Stock Market Index Trust Fund (JETSX) has a higher volatility of 3.11% compared to John Hancock Balanced Fund (SVBAX) at 2.50%. This indicates that JETSX's price experiences larger fluctuations and is considered to be riskier than SVBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JETSX	SVBAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	2.50%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	6.49%	+2.93%
Volatility (1Y) Calculated over the trailing 1-year period	12.65%	8.22%	+4.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.86%	10.78%	+7.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	10.79%	+8.31%

JETSX vs. SVBAX - Expense Ratio Comparison

JETSX has a 0.49% expense ratio, which is lower than SVBAX's 1.03% expense ratio.

Dividends

JETSX vs. SVBAX - Dividend Comparison

JETSX's dividend yield for the trailing twelve months is around 2.45%, less than SVBAX's 11.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JETSX John Hancock Variable Insurance Trust Total Stock Market Index Trust Fund	2.45%	2.71%	4.39%	6.69%	18.21%	5.70%	9.92%	8.22%	4.63%	0.99%	0.00%	0.00%
SVBAX John Hancock Balanced Fund	11.34%	12.45%	3.72%	1.48%	1.60%	2.73%	1.60%	2.19%	8.06%	3.51%	1.70%	4.57%

Frequently Asked Questions

Can I hold both JETSX and SVBAX in my portfolio?

JETSX and SVBAX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JETSX or SVBAX?

JETSX has higher volatility (3.11%) compared to SVBAX (2.50%). In terms of maximum drawdown, JETSX dropped -34.90% vs SVBAX's -40.81%.

Which has better risk-adjusted returns?

SVBAX currently has the higher Sharpe Ratio (2.97 vs 2.47), 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.