JGYIX vs. AGOCX

Last updated Jun 26, 2026

JGYIX (John Hancock Global Shareholder Yield Fund) and AGOCX (PGIM Jennison Global Equity Income Fund) are both Global Equities funds. Over the past 10 years, JGYIX returned 10.32%/yr vs 10.56%/yr for AGOCX. Their correlation of 0.90 suggests significant overlap in exposure. JGYIX charges 0.84%/yr vs 1.94%/yr for AGOCX.

Performance

JGYIX vs. AGOCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Global Shareholder Yield Fund (JGYIX) and PGIM Jennison Global Equity Income Fund (AGOCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JGYIX achieves a 16.15% return, which is significantly lower than AGOCX's 18.91% return. Both investments have delivered pretty close results over the past 10 years, with JGYIX having a 10.32% annualized return and AGOCX not far ahead at 10.56%.

JGYIX

• 1D: 0.35%
• 1M: -0.14%
• YTD: 16.15%
• 6M: 15.50%
• 1Y: 28.43%
• 3Y*: 20.90%
• 5Y*: 12.73%
• 10Y*: 10.32%

AGOCX

• 1D: 0.41%
• 1M: 1.15%
• YTD: 18.91%
• 6M: 18.16%
• 1Y: 33.23%
• 3Y*: 21.58%
• 5Y*: 11.98%
• 10Y*: 10.56%

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

JGYIX vs. AGOCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JGYIX John Hancock Global Shareholder Yield Fund	16.15%	24.13%	14.38%	11.36%	-4.87%	17.65%	-1.36%	20.86%	-9.27%	16.72%
AGOCX PGIM Jennison Global Equity Income Fund	18.91%	23.91%	13.75%	9.41%	-11.69%	20.27%	5.72%	21.02%	-7.69%	14.68%

Correlation

The correlation between JGYIX and AGOCX is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Feb 28, 2007	0.90

The correlation between JGYIX and AGOCX has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

Return for Risk

JGYIX vs. AGOCX — Risk / Return Rank

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

JGYIX

JGYIX Risk / Return Rank: 89
JGYIX Sharpe Ratio Rank: 92
JGYIX Sortino Ratio Rank: 87
JGYIX Omega Ratio Rank: 84
JGYIX Calmar Ratio Rank: 90
JGYIX Martin Ratio Rank: 91

AGOCX

AGOCX Risk / Return Rank: 89
AGOCX Sharpe Ratio Rank: 91
AGOCX Sortino Ratio Rank: 87
AGOCX Omega Ratio Rank: 84
AGOCX Calmar Ratio Rank: 90
AGOCX Martin Ratio Rank: 92

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.

JGYIX vs. AGOCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Global Shareholder Yield Fund (JGYIX) and PGIM Jennison Global Equity Income Fund (AGOCX). 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.

	JGYIX	AGOCX	Difference
Sharpe ratio: Return per unit of total volatility	2.67	2.61	+0.06
Sortino ratio: Return per unit of downside risk	3.65	3.63	+0.02
Omega ratio: Gain probability vs. loss probability	1.47	1.48	0.00
Calmar ratio: Return relative to maximum drawdown	3.97	3.97	0.00
Martin ratio: Return relative to average drawdown	15.77	15.95	-0.18

JGYIX vs. AGOCX - Sharpe Ratio Comparison

The current JGYIX Sharpe Ratio is 2.67, which is comparable to the AGOCX Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of JGYIX and AGOCX, 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

JGYIX vs. AGOCX - Drawdown Comparison

The maximum JGYIX drawdown since its inception was -46.76%, smaller than the maximum AGOCX drawdown of -51.84%. Use the drawdown chart below to compare losses from any high point for JGYIX and AGOCX.

Drawdown Indicators

	JGYIX	AGOCX	Difference
Max Drawdown Largest peak-to-trough decline	-46.76%	-51.84%	+5.08%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	-8.25%	+1.29%
Max Drawdown (3Y) Largest decline over 3 years	-11.99%	-11.60%	-0.39%
Max Drawdown (5Y) Largest decline over 5 years	-18.97%	-24.53%	+5.56%
Max Drawdown (10Y) Largest decline over 10 years	-36.45%	-34.69%	-1.76%
Current Drawdown Current decline from peak	-2.44%	-1.06%	-1.38%
Average Drawdown Average peak-to-trough decline	-6.75%	-7.85%	+1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	2.05%	-0.30%

Volatility

JGYIX vs. AGOCX - Volatility Comparison

The current volatility for John Hancock Global Shareholder Yield Fund (JGYIX) is 3.68%, while PGIM Jennison Global Equity Income Fund (AGOCX) has a volatility of 5.09%. This indicates that JGYIX experiences smaller price fluctuations and is considered to be less risky than AGOCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGYIX	AGOCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	5.09%	-1.41%
Volatility (6M) Calculated over the trailing 6-month period	8.19%	10.83%	-2.64%
Volatility (1Y) Calculated over the trailing 1-year period	10.40%	12.57%	-2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.24%	14.13%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	15.91%	-1.00%

JGYIX vs. AGOCX - Expense Ratio Comparison

JGYIX has a 0.84% expense ratio, which is lower than AGOCX's 1.94% expense ratio.

Dividends

JGYIX vs. AGOCX - Dividend Comparison

JGYIX's dividend yield for the trailing twelve months is around 10.75%, more than AGOCX's 8.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGOCX PGIM Jennison Global Equity Income Fund	8.01%	9.59%	10.04%	9.74%	9.10%	5.29%	9.25%	12.44%	23.46%	5.31%	1.56%	12.12%
JGYIX John Hancock Global Shareholder Yield Fund	10.75%	13.30%	8.21%	4.37%	9.51%	11.27%	2.71%	4.81%	6.31%	2.91%	3.19%	7.64%

Frequently Asked Questions

Can I hold both JGYIX and AGOCX in my portfolio?

JGYIX and AGOCX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JGYIX or AGOCX?

AGOCX has higher volatility (5.09%) compared to JGYIX (3.68%). In terms of maximum drawdown, JGYIX dropped -46.76% vs AGOCX's -51.84%.

Which has better risk-adjusted returns?

JGYIX currently has the higher Sharpe Ratio (2.67 vs 2.61), 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.