JFCIX vs. QQQ
Compare and contrast key facts about John Hancock Funds Fundamental All Cap Core Fund (JFCIX) and Invesco QQQ (QQQ).
JFCIX is managed by John Hancock. It was launched on Jun 1, 2011. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JFCIX or QQQ.
Key characteristics
| JFCIX | QQQ | |
|---|---|---|
| YTD Return | 17.38% | 15.90% |
| 1Y Return | 29.54% | 28.50% |
| 3Y Return (Ann) | 8.15% | 8.93% |
| 5Y Return (Ann) | 17.01% | 20.58% |
| 10Y Return (Ann) | 13.16% | 17.81% |
| Sharpe Ratio | 1.81 | 1.48 |
| Daily Std Dev | 15.64% | 17.72% |
| Max Drawdown | -37.06% | -82.98% |
| Current Drawdown | -1.06% | -5.91% |
Correlation
The correlation between JFCIX and QQQ is 0.86, 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.
Performance
JFCIX vs. QQQ - Performance Comparison
In the year-to-date period, JFCIX achieves a 17.38% return, which is significantly higher than QQQ's 15.90% return. Over the past 10 years, JFCIX has underperformed QQQ with an annualized return of 13.16%, while QQQ has yielded a comparatively higher 17.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JFCIX vs. QQQ - Expense Ratio Comparison
JFCIX has a 0.83% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
JFCIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Fundamental All Cap Core Fund (JFCIX) and Invesco QQQ (QQQ). 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.
Dividends
JFCIX vs. QQQ - Dividend Comparison
JFCIX's dividend yield for the trailing twelve months is around 0.30%, less than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JFCIX John Hancock Funds Fundamental All Cap Core Fund | 0.30% | 0.36% | 5.05% | 3.35% | 2.95% | 0.16% | 9.75% | 6.14% | 0.41% | 5.44% | 2.79% | 5.09% |
QQQ Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
JFCIX vs. QQQ - Drawdown Comparison
The maximum JFCIX drawdown since its inception was -37.06%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JFCIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
JFCIX vs. QQQ - Volatility Comparison
The current volatility for John Hancock Funds Fundamental All Cap Core Fund (JFCIX) is 5.02%, while Invesco QQQ (QQQ) has a volatility of 6.05%. This indicates that JFCIX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.