JFGIX vs. ARES
Compare and contrast key facts about John Hancock Funds Fundamental Global Franchise Fund (JFGIX) and Ares Management Corporation (ARES).
JFGIX is managed by John Hancock. It was launched on Jun 28, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JFGIX or ARES.
Key characteristics
| JFGIX | ARES | |
|---|---|---|
| YTD Return | 13.03% | 30.73% |
| 1Y Return | 21.10% | 49.58% |
| 3Y Return (Ann) | 4.13% | 28.70% |
| 5Y Return (Ann) | 8.91% | 43.90% |
| 10Y Return (Ann) | 9.34% | 29.64% |
| Sharpe Ratio | 1.72 | 1.75 |
| Daily Std Dev | 12.16% | 27.70% |
| Max Drawdown | -31.90% | -45.85% |
| Current Drawdown | -0.63% | -0.29% |
Correlation
The correlation between JFGIX and ARES is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JFGIX vs. ARES - Performance Comparison
In the year-to-date period, JFGIX achieves a 13.03% return, which is significantly lower than ARES's 30.73% return. Over the past 10 years, JFGIX has underperformed ARES with an annualized return of 9.34%, while ARES has yielded a comparatively higher 29.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
JFGIX vs. ARES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Fundamental Global Franchise Fund (JFGIX) and Ares Management Corporation (ARES). 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
JFGIX vs. ARES - Dividend Comparison
JFGIX's dividend yield for the trailing twelve months is around 6.17%, more than ARES's 2.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JFGIX John Hancock Funds Fundamental Global Franchise Fund | 6.17% | 6.97% | 8.71% | 9.24% | 8.02% | 6.57% | 14.81% | 16.74% | 11.39% | 10.93% | 6.14% | 5.43% |
ARES Ares Management Corporation | 2.34% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 6.30% | 4.32% | 6.81% | 2.45% | 0.00% |
Drawdowns
JFGIX vs. ARES - Drawdown Comparison
The maximum JFGIX drawdown since its inception was -31.90%, smaller than the maximum ARES drawdown of -45.85%. Use the drawdown chart below to compare losses from any high point for JFGIX and ARES. For additional features, visit the drawdowns tool.
Volatility
JFGIX vs. ARES - Volatility Comparison
The current volatility for John Hancock Funds Fundamental Global Franchise Fund (JFGIX) is 3.02%, while Ares Management Corporation (ARES) has a volatility of 7.00%. This indicates that JFGIX experiences smaller price fluctuations and is considered to be less risky than ARES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.