JGYIX vs. PDT

Last updated Jun 3, 2026

JGYIX (John Hancock Global Shareholder Yield Fund) and PDT (John Hancock Premium Dividend Fund) are both mutual funds - JGYIX is a Global Equities fund managed by John Hancock, while PDT is a Dividend fund managed by John Hancock. Over the past 10 years, JGYIX returned 10.12%/yr vs 6.16%/yr for PDT. At a 0.48 correlation, their price movements are largely independent. JGYIX charges 0.84%/yr vs 5.06%/yr for PDT.

Performance

JGYIX vs. PDT - Performance Comparison

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

Returns By Period

In the year-to-date period, JGYIX achieves a 17.92% return, which is significantly higher than PDT's 4.25% return. Over the past 10 years, JGYIX has outperformed PDT with an annualized return of 10.12%, while PDT has yielded a comparatively lower 6.16% annualized return.

JGYIX

• 1D: 0.27%
• 1M: 5.17%
• YTD: 17.92%
• 6M: 19.56%
• 1Y: 32.58%
• 3Y*: 21.68%
• 5Y*: 12.88%
• 10Y*: 10.12%

PDT

• 1D: 0.86%
• 1M: -2.26%
• YTD: 4.25%
• 6M: 3.14%
• 1Y: 5.27%
• 3Y*: 12.89%
• 5Y*: 2.70%
• 10Y*: 6.16%

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

JGYIX vs. PDT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JGYIX John Hancock Global Shareholder Yield Fund	17.92%	24.13%	14.38%	11.36%	-4.87%	17.65%	-1.36%	20.86%	-9.27%	16.72%
PDT John Hancock Premium Dividend Fund	4.25%	7.64%	29.92%	-9.55%	-16.30%	25.98%	-14.20%	39.29%	-12.49%	21.22%

Correlation

The correlation between JGYIX and PDT is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 1, 2007	0.48

The correlation between JGYIX and PDT has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.

Return for Risk

JGYIX vs. PDT — Risk / Return Rank

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

JGYIX

JGYIX Risk / Return Rank: 92
JGYIX Sharpe Ratio Rank: 95
JGYIX Sortino Ratio Rank: 92
JGYIX Omega Ratio Rank: 87
JGYIX Calmar Ratio Rank: 91
JGYIX Martin Ratio Rank: 92

PDT

PDT Risk / Return Rank: 7
PDT Sharpe Ratio Rank: 7
PDT Sortino Ratio Rank: 6
PDT Omega Ratio Rank: 6
PDT Calmar Ratio Rank: 9
PDT Martin Ratio Rank: 7

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. PDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Global Shareholder Yield Fund (JGYIX) and John Hancock Premium Dividend Fund (PDT). 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.

	JGYIX	PDT	Difference
Sharpe ratio Return per unit of total volatility	3.35	0.59	+2.76
Sortino ratio Return per unit of downside risk	4.58	0.88	+3.70
Omega ratio Gain probability vs. loss probability	1.60	1.11	+0.49
Calmar ratio Return relative to maximum drawdown	4.82	0.95	+3.87
Martin ratio Return relative to average drawdown	19.60	2.20	+17.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JGYIX vs. PDT - Sharpe Ratio Comparison

The current JGYIX Sharpe Ratio is 3.35, which is higher than the PDT Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of JGYIX and PDT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JGYIX	PDT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.35	0.59	+2.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	0.16	+0.82
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.25	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.31	+0.16

Drawdowns

JGYIX vs. PDT - Drawdown Comparison

The maximum JGYIX drawdown since its inception was -46.76%, smaller than the maximum PDT drawdown of -62.39%. Use the drawdown chart below to compare losses from any high point for JGYIX and PDT.

Drawdown Indicators

	JGYIX	PDT	Difference
Max Drawdown Largest peak-to-trough decline	-46.76%	-62.39%	+15.63%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	-5.38%	-1.58%
Max Drawdown (3Y) Largest decline over 3 years	-11.99%	-22.06%	+10.07%
Max Drawdown (5Y) Largest decline over 5 years	-18.97%	-40.44%	+21.47%
Max Drawdown (10Y) Largest decline over 10 years	-36.45%	-62.39%	+25.94%
Current Drawdown Current decline from peak	0.00%	-3.73%	+3.73%
Average Drawdown Average peak-to-trough decline	-6.77%	-10.02%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	2.32%	-0.61%

Volatility

JGYIX vs. PDT - Volatility Comparison

John Hancock Global Shareholder Yield Fund (JGYIX) has a higher volatility of 3.27% compared to John Hancock Premium Dividend Fund (PDT) at 3.08%. This indicates that JGYIX's price experiences larger fluctuations and is considered to be riskier than PDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGYIX	PDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	3.08%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	7.65%	7.03%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	10.00%	8.92%	+1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.21%	17.03%	-3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.99%	25.17%	-10.18%

JGYIX vs. PDT - Expense Ratio Comparison

JGYIX has a 0.84% expense ratio, which is lower than PDT's 5.06% expense ratio.

Dividends

JGYIX vs. PDT - Dividend Comparison

JGYIX's dividend yield for the trailing twelve months is around 11.41%, more than PDT's 7.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JGYIX John Hancock Global Shareholder Yield Fund	11.41%	13.30%	8.21%	4.37%	9.51%	11.27%	2.71%	4.81%	6.31%	2.91%	3.19%	7.64%
PDT John Hancock Premium Dividend Fund	7.72%	7.80%	7.77%	10.14%	9.04%	6.42%	8.43%	6.70%	8.69%	9.94%	9.15%	7.88%

Frequently Asked Questions

Can I hold both JGYIX and PDT in my portfolio?

JGYIX and PDT have a correlation of 0.53, 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 PDT?

JGYIX has higher volatility (3.27%) compared to PDT (3.08%). In terms of maximum drawdown, JGYIX dropped -46.76% vs PDT's -62.39%.

Which has better risk-adjusted returns?

JGYIX currently has the higher Sharpe Ratio (3.35 vs 0.59), 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.