JGEFX vs. SVBAX
JGEFX (John Hancock Funds Global Equity Fund) and SVBAX (John Hancock Balanced Fund) are both mutual funds - JGEFX is a Global Equities fund managed by John Hancock, while SVBAX is a Diversified Portfolio fund managed by John Hancock. Over the past 10 years, JGEFX returned 10.13%/yr vs 10.14%/yr for SVBAX. Their correlation of 0.87 suggests significant overlap in exposure. JGEFX charges 0.98%/yr vs 1.03%/yr for SVBAX.
Performance
JGEFX vs. SVBAX - Performance Comparison
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Returns By Period
In the year-to-date period, JGEFX achieves a 5.50% return, which is significantly lower than SVBAX's 10.51% return. Both investments have delivered pretty close results over the past 10 years, with JGEFX having a 10.13% annualized return and SVBAX not far ahead at 10.14%.
JGEFX
- 1D
- 0.45%
- 1M
- 1.05%
- YTD
- 5.50%
- 6M
- 5.42%
- 1Y
- 17.53%
- 3Y*
- 13.88%
- 5Y*
- 8.93%
- 10Y*
- 10.13%
SVBAX
- 1D
- 0.90%
- 1M
- 2.21%
- YTD
- 10.51%
- 6M
- 10.51%
- 1Y
- 23.58%
- 3Y*
- 16.02%
- 5Y*
- 9.17%
- 10Y*
- 10.14%
JGEFX vs. SVBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JGEFX John Hancock Funds Global Equity Fund | 5.50% | 18.17% | 10.48% | 19.65% | -14.81% | 20.99% | 7.91% | 30.24% | -10.17% | 14.81% |
SVBAX John Hancock Balanced Fund | 10.51% | 15.69% | 13.31% | 18.22% | -15.79% | 14.49% | 15.97% | 21.28% | -5.02% | 13.40% |
Correlation
The correlation between JGEFX and SVBAX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.87 |
The correlation between JGEFX and SVBAX shifts across timeframes, from 0.76 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JGEFX vs. SVBAX — Risk / Return Rank
JGEFX
SVBAX
JGEFX vs. SVBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Global Equity Fund (JGEFX) and John Hancock Balanced Fund (SVBAX). 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.
| JGEFX | SVBAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.50 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 4.19 | -2.51 |
| Martin ratioReturn relative to average drawdown | 5.64 | 20.06 | -14.42 |
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Drawdowns
JGEFX vs. SVBAX - Drawdown Comparison
The maximum JGEFX drawdown since its inception was -32.96%, smaller than the maximum SVBAX drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for JGEFX and SVBAX.
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Drawdown Indicators
| JGEFX | SVBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.96% | -40.81% | +7.85% |
Max Drawdown (1Y)Largest decline over 1 year | -10.27% | -5.57% | -4.70% |
Max Drawdown (3Y)Largest decline over 3 years | -19.38% | -12.06% | -7.32% |
Max Drawdown (5Y)Largest decline over 5 years | -24.85% | -20.53% | -4.32% |
Max Drawdown (10Y)Largest decline over 10 years | -32.96% | -21.00% | -11.96% |
Current DrawdownCurrent decline from peak | -2.82% | -0.06% | -2.76% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -5.23% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 1.16% | +1.89% |
Volatility
JGEFX vs. SVBAX - Volatility Comparison
John Hancock Funds Global Equity Fund (JGEFX) and John Hancock Balanced Fund (SVBAX) have volatilities of 3.57% and 3.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JGEFX | SVBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 3.50% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 10.14% | 7.05% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.40% | 8.69% | +3.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.97% | 10.86% | +5.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 10.83% | +5.00% |
JGEFX vs. SVBAX - Expense Ratio Comparison
JGEFX has a 0.98% expense ratio, which is lower than SVBAX's 1.03% expense ratio.
Dividends
JGEFX vs. SVBAX - Dividend Comparison
JGEFX's dividend yield for the trailing twelve months is around 8.01%, less than SVBAX's 11.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGEFX John Hancock Funds Global Equity Fund | 8.01% | 8.45% | 13.64% | 2.91% | 7.20% | 21.44% | 2.21% | 2.33% | 7.64% | 7.03% | 1.83% | 2.00% |
SVBAX John Hancock Balanced Fund | 11.30% | 12.45% | 3.72% | 1.48% | 1.60% | 2.73% | 1.60% | 2.19% | 8.06% | 3.51% | 1.70% | 4.57% |
Frequently Asked Questions
JGEFX and SVBAX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JGEFX has higher volatility (3.57%) compared to SVBAX (3.50%). In terms of maximum drawdown, JGEFX dropped -32.96% vs SVBAX's -40.81%.
SVBAX currently has the higher Sharpe Ratio (2.68 vs 1.39), 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.
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