JFIVX vs. RGAGX

Last updated Jun 24, 2026

JFIVX (John Hancock Variable Insurance Trust 500 Index Trust) and RGAGX (American Funds The Growth Fund of America Class R-6) are both mutual funds - JFIVX is a Large Cap Blend Equities fund managed by John Hancock, while RGAGX is a Large Cap Growth Equities fund actively managed by American Funds. Over the past 5 years, JFIVX returned 13.29%/yr vs 11.82%/yr for RGAGX. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.30% expense ratio.

Performance

JFIVX vs. RGAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Variable Insurance Trust 500 Index Trust (JFIVX) and American Funds The Growth Fund of America Class R-6 (RGAGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JFIVX achieves a 9.62% return, which is significantly higher than RGAGX's 8.89% return.

JFIVX

• 1D: -0.37%
• 1M: 0.07%
• YTD: 9.62%
• 6M: 8.62%
• 1Y: 25.16%
• 3Y*: 21.03%
• 5Y*: 13.29%
• 10Y*: —

RGAGX

• 1D: -0.52%
• 1M: 1.99%
• YTD: 8.89%
• 6M: 7.98%
• 1Y: 23.17%
• 3Y*: 24.32%
• 5Y*: 11.82%
• 10Y*: 16.70%

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

JFIVX vs. RGAGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JFIVX John Hancock Variable Insurance Trust 500 Index Trust	9.62%	17.54%	24.61%	25.92%	-18.30%	28.31%	18.03%	31.05%	-5.00%	17.27%
RGAGX American Funds The Growth Fund of America Class R-6	8.89%	20.08%	28.41%	37.66%	-30.53%	19.67%	38.30%	29.22%	-2.88%	21.00%

Correlation

The correlation between JFIVX and RGAGX is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017	0.93

The correlation between JFIVX and RGAGX has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

JFIVX vs. RGAGX — Risk / Return Rank

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

JFIVX

JFIVX Risk / Return Rank: 64
JFIVX Sharpe Ratio Rank: 63
JFIVX Sortino Ratio Rank: 57
JFIVX Omega Ratio Rank: 58
JFIVX Calmar Ratio Rank: 67
JFIVX Martin Ratio Rank: 78

RGAGX

RGAGX Risk / Return Rank: 30
RGAGX Sharpe Ratio Rank: 31
RGAGX Sortino Ratio Rank: 29
RGAGX Omega Ratio Rank: 31
RGAGX Calmar Ratio Rank: 26
RGAGX Martin Ratio Rank: 32

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.

JFIVX vs. RGAGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust 500 Index Trust (JFIVX) and American Funds The Growth Fund of America Class R-6 (RGAGX). 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.

	JFIVX	RGAGX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	1.50	+0.63
Sortino ratio: Return per unit of downside risk	2.90	2.07	+0.82
Omega ratio: Gain probability vs. loss probability	1.39	1.27	+0.11
Calmar ratio: Return relative to maximum drawdown	3.00	1.79	+1.22
Martin ratio: Return relative to average drawdown	13.55	6.83	+6.72

JFIVX vs. RGAGX - Sharpe Ratio Comparison

The current JFIVX Sharpe Ratio is 2.14, which is higher than the RGAGX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of JFIVX and RGAGX, 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

JFIVX vs. RGAGX - Drawdown Comparison

The maximum JFIVX drawdown since its inception was -33.81%, smaller than the maximum RGAGX drawdown of -36.19%. Use the drawdown chart below to compare losses from any high point for JFIVX and RGAGX.

Drawdown Indicators

	JFIVX	RGAGX	Difference
Max Drawdown Largest peak-to-trough decline	-33.81%	-36.19%	+2.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.94%	-13.71%	+4.77%
Max Drawdown (3Y) Largest decline over 3 years	-18.82%	-21.54%	+2.72%
Max Drawdown (5Y) Largest decline over 5 years	-24.67%	-36.19%	+11.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.19%	—
Current Drawdown Current decline from peak	-1.74%	-1.55%	-0.19%
Average Drawdown Average peak-to-trough decline	-4.61%	-5.48%	+0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	3.57%	-1.60%

Volatility

JFIVX vs. RGAGX - Volatility Comparison

The current volatility for John Hancock Variable Insurance Trust 500 Index Trust (JFIVX) is 4.67%, while American Funds The Growth Fund of America Class R-6 (RGAGX) has a volatility of 6.79%. This indicates that JFIVX experiences smaller price fluctuations and is considered to be less risky than RGAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JFIVX	RGAGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.67%	6.79%	-2.12%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	13.01%	-3.12%
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	16.30%	-3.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.64%	20.43%	-3.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.34%	19.78%	-1.44%

JFIVX vs. RGAGX - Expense Ratio Comparison

Both JFIVX and RGAGX have an expense ratio of 0.30%.

Dividends

JFIVX vs. RGAGX - Dividend Comparison

JFIVX's dividend yield for the trailing twelve months is around 2.33%, less than RGAGX's 10.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JFIVX John Hancock Variable Insurance Trust 500 Index Trust	2.33%	2.56%	2.19%	2.44%	5.19%	5.17%	3.38%	2.97%	2.90%	1.27%	0.00%	0.00%
RGAGX American Funds The Growth Fund of America Class R-6	10.09%	10.99%	9.29%	7.70%	4.44%	8.49%	4.57%	7.93%	12.36%	7.34%	6.95%	9.22%

Frequently Asked Questions

Can I hold both JFIVX and RGAGX in my portfolio?

With a correlation of 0.94, JFIVX and RGAGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JFIVX or RGAGX?

RGAGX has higher volatility (6.79%) compared to JFIVX (4.67%). In terms of maximum drawdown, JFIVX dropped -33.81% vs RGAGX's -36.19%.

Which has better risk-adjusted returns?

JFIVX currently has the higher Sharpe Ratio (2.14 vs 1.50), 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.