Correlation
The correlation between JGEFX and DGEIX is 0.89, 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.
JGEFX vs. DGEIX
Compare and contrast key facts about John Hancock Funds Global Equity Fund (JGEFX) and DFA Global Equity Portfolio Institutional Class (DGEIX).
JGEFX is managed by John Hancock. It was launched on May 15, 2013. DGEIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 24, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGEFX or DGEIX.
Performance
JGEFX vs. DGEIX - Performance Comparison
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Key characteristics
JGEFX:
-0.21
DGEIX:
0.51
JGEFX:
-0.24
DGEIX:
0.75
JGEFX:
0.96
DGEIX:
1.11
JGEFX:
-0.18
DGEIX:
0.43
JGEFX:
-0.59
DGEIX:
1.59
JGEFX:
8.93%
DGEIX:
4.95%
JGEFX:
18.42%
DGEIX:
17.65%
JGEFX:
-35.72%
DGEIX:
-60.58%
JGEFX:
-17.63%
DGEIX:
-3.06%
Returns By Period
In the year-to-date period, JGEFX achieves a 5.47% return, which is significantly higher than DGEIX's 3.51% return. Over the past 10 years, JGEFX has underperformed DGEIX with an annualized return of 2.56%, while DGEIX has yielded a comparatively higher 8.12% annualized return.
JGEFX
5.47%
4.67%
-10.27%
-5.23%
2.91%
3.51%
2.56%
DGEIX
3.51%
5.50%
-2.61%
8.00%
8.59%
12.12%
8.12%
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JGEFX vs. DGEIX - Expense Ratio Comparison
JGEFX has a 0.98% expense ratio, which is higher than DGEIX's 0.25% expense ratio.
Risk-Adjusted Performance
JGEFX vs. DGEIX — Risk-Adjusted Performance Rank
JGEFX
DGEIX
JGEFX vs. DGEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Global Equity Fund (JGEFX) and DFA Global Equity Portfolio Institutional Class (DGEIX). 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.
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Dividends
JGEFX vs. DGEIX - Dividend Comparison
JGEFX's dividend yield for the trailing twelve months is around 12.93%, more than DGEIX's 3.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGEFX John Hancock Funds Global Equity Fund | 12.93% | 13.64% | 2.91% | 7.20% | 21.44% | 2.21% | 2.33% | 7.64% | 8.78% | 1.83% | 2.00% | 8.69% |
DGEIX DFA Global Equity Portfolio Institutional Class | 3.56% | 3.64% | 3.81% | 4.92% | 4.31% | 2.37% | 2.22% | 2.62% | 2.15% | 1.91% | 1.99% | 1.88% |
Drawdowns
JGEFX vs. DGEIX - Drawdown Comparison
The maximum JGEFX drawdown since its inception was -35.72%, smaller than the maximum DGEIX drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for JGEFX and DGEIX.
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Volatility
JGEFX vs. DGEIX - Volatility Comparison
The current volatility for John Hancock Funds Global Equity Fund (JGEFX) is 3.42%, while DFA Global Equity Portfolio Institutional Class (DGEIX) has a volatility of 4.05%. This indicates that JGEFX experiences smaller price fluctuations and is considered to be less risky than DGEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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