JFCIX vs. BTO

Last updated Jun 4, 2026

JFCIX (John Hancock Funds Fundamental All Cap Core Fund) and BTO (John Hancock Financial Opportunities Fund) are both mutual funds - JFCIX is a Large Cap Blend Equities fund managed by John Hancock, while BTO is a Financials Equities fund actively managed by John Hancock. Over the past 10 years, JFCIX returned 14.02%/yr vs 9.96%/yr for BTO. A 0.59 correlation means they provide meaningful diversification when combined. JFCIX charges 0.83%/yr vs 2.01%/yr for BTO.

Performance

JFCIX vs. BTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Fundamental All Cap Core Fund (JFCIX) and John Hancock Financial Opportunities Fund (BTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JFCIX achieves a 1.66% return, which is significantly lower than BTO's 4.49% return. Over the past 10 years, JFCIX has outperformed BTO with an annualized return of 14.02%, while BTO has yielded a comparatively lower 9.96% annualized return.

JFCIX

• 1D: -0.86%
• 1M: 1.35%
• YTD: 1.66%
• 6M: 0.87%
• 1Y: 12.24%
• 3Y*: 14.92%
• 5Y*: 8.63%
• 10Y*: 14.02%

BTO

• 1D: -2.12%
• 1M: -2.39%
• YTD: 4.49%
• 6M: 7.05%
• 1Y: 13.27%
• 3Y*: 20.35%
• 5Y*: 3.86%
• 10Y*: 9.96%

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

JFCIX vs. BTO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JFCIX John Hancock Funds Fundamental All Cap Core Fund	1.66%	4.83%	23.65%	34.78%	-23.41%	30.12%	27.76%	36.36%	-14.37%	27.39%
BTO John Hancock Financial Opportunities Fund	4.49%	5.85%	28.92%	-1.16%	-23.58%	61.86%	-8.97%	38.87%	-25.68%	13.12%

Correlation

The correlation between JFCIX and BTO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 3, 2011	0.59

The correlation between JFCIX and BTO shifts across timeframes, from 0.49 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JFCIX vs. BTO — Risk / Return Rank

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

JFCIX

JFCIX Risk / Return Rank: 11
JFCIX Sharpe Ratio Rank: 13
JFCIX Sortino Ratio Rank: 12
JFCIX Omega Ratio Rank: 13
JFCIX Calmar Ratio Rank: 9
JFCIX Martin Ratio Rank: 10

BTO

BTO Risk / Return Rank: 8
BTO Sharpe Ratio Rank: 8
BTO Sortino Ratio Rank: 8
BTO Omega Ratio Rank: 8
BTO Calmar Ratio Rank: 9
BTO Martin Ratio Rank: 7

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.

JFCIX vs. BTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Fundamental All Cap Core Fund (JFCIX) and John Hancock Financial Opportunities Fund (BTO). 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.

	JFCIX	BTO	Difference
Sharpe ratio: Return per unit of total volatility	0.99	0.65	+0.34
Sortino ratio: Return per unit of downside risk	1.41	1.03	+0.38
Omega ratio: Gain probability vs. loss probability	1.18	1.13	+0.05
Calmar ratio: Return relative to maximum drawdown	0.93	0.87	+0.06
Martin ratio: Return relative to average drawdown	3.02	2.17	+0.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JFCIX vs. BTO - Sharpe Ratio Comparison

The current JFCIX Sharpe Ratio is 0.99, which is higher than the BTO Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of JFCIX and BTO, 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

	JFCIX	BTO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	0.65	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.12	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.28	+0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.30	+0.37

Drawdowns

JFCIX vs. BTO - Drawdown Comparison

The maximum JFCIX drawdown since its inception was -37.06%, smaller than the maximum BTO drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for JFCIX and BTO.

Drawdown Indicators

	JFCIX	BTO	Difference
Max Drawdown Largest peak-to-trough decline	-37.06%	-72.27%	+35.21%
Max Drawdown (1Y) Largest decline over 1 year	-14.11%	-15.26%	+1.15%
Max Drawdown (3Y) Largest decline over 3 years	-23.81%	-25.19%	+1.38%
Max Drawdown (5Y) Largest decline over 5 years	-28.39%	-51.80%	+23.41%
Max Drawdown (10Y) Largest decline over 10 years	-37.06%	-65.70%	+28.64%
Current Drawdown Current decline from peak	-1.71%	-7.74%	+6.03%
Average Drawdown Average peak-to-trough decline	-5.59%	-19.00%	+13.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.33%	6.13%	-1.80%

Volatility

JFCIX vs. BTO - Volatility Comparison

The current volatility for John Hancock Funds Fundamental All Cap Core Fund (JFCIX) is 3.28%, while John Hancock Financial Opportunities Fund (BTO) has a volatility of 5.15%. This indicates that JFCIX experiences smaller price fluctuations and is considered to be less risky than BTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JFCIX	BTO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	5.15%	-1.87%
Volatility (6M) Calculated over the trailing 6-month period	9.82%	14.97%	-5.15%
Volatility (1Y) Calculated over the trailing 1-year period	13.26%	20.62%	-7.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.92%	31.35%	-11.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.64%	36.13%	-15.49%

JFCIX vs. BTO - Expense Ratio Comparison

JFCIX has a 0.83% expense ratio, which is lower than BTO's 2.01% expense ratio.

Dividends

JFCIX vs. BTO - Dividend Comparison

JFCIX's dividend yield for the trailing twelve months is around 10.53%, more than BTO's 7.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTO John Hancock Financial Opportunities Fund	7.23%	7.41%	7.28%	8.64%	7.51%	4.72%	7.25%	6.06%	5.94%	3.76%	5.10%	4.75%
JFCIX John Hancock Funds Fundamental All Cap Core Fund	10.53%	10.70%	0.30%	0.36%	5.05%	3.35%	2.95%	0.16%	9.75%	5.97%	0.41%	5.36%

Frequently Asked Questions

Can I hold both JFCIX and BTO in my portfolio?

JFCIX and BTO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JFCIX or BTO?

BTO has higher volatility (5.15%) compared to JFCIX (3.28%). In terms of maximum drawdown, JFCIX dropped -37.06% vs BTO's -72.27%.

Which has better risk-adjusted returns?

JFCIX currently has the higher Sharpe Ratio (0.99 vs 0.65), 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.