JGYIX vs. SVBAX

Last updated Jun 23, 2026

JGYIX (John Hancock Global Shareholder Yield Fund) and SVBAX (John Hancock Balanced Fund) are both mutual funds - JGYIX 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, JGYIX returned 10.10%/yr vs 10.14%/yr for SVBAX. Their correlation of 0.85 suggests significant overlap in exposure. JGYIX charges 0.84%/yr vs 1.03%/yr for SVBAX.

Performance

JGYIX vs. SVBAX - 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 Balanced Fund (SVBAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JGYIX achieves a 17.27% return, which is significantly higher than SVBAX's 10.51% return. Both investments have delivered pretty close results over the past 10 years, with JGYIX having a 10.10% annualized return and SVBAX not far ahead at 10.14%.

JGYIX

• 1D: 0.41%
• 1M: 1.11%
• YTD: 17.27%
• 6M: 17.18%
• 1Y: 30.81%
• 3Y*: 20.40%
• 5Y*: 13.34%
• 10Y*: 10.10%

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%

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

JGYIX vs. SVBAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JGYIX John Hancock Global Shareholder Yield Fund	17.27%	24.13%	14.38%	11.36%	-4.87%	17.65%	-1.36%	20.86%	-9.27%	16.72%
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 JGYIX and SVBAX is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Feb 28, 2007	0.85

The correlation between JGYIX and SVBAX shifts across timeframes, from 0.73 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JGYIX vs. SVBAX — Risk / Return Rank

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

JGYIX

JGYIX Risk / Return Rank: 91
JGYIX Sharpe Ratio Rank: 94
JGYIX Sortino Ratio Rank: 90
JGYIX Omega Ratio Rank: 85
JGYIX Calmar Ratio Rank: 91
JGYIX Martin Ratio Rank: 92

SVBAX

SVBAX Risk / Return Rank: 88
SVBAX Sharpe Ratio Rank: 88
SVBAX Sortino Ratio Rank: 86
SVBAX Omega Ratio Rank: 82
SVBAX Calmar Ratio Rank: 89
SVBAX Martin Ratio Rank: 95

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. SVBAX - 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 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.

	JGYIX	SVBAX	Difference
Sharpe ratio: Return per unit of total volatility	3.01	2.68	+0.33
Sortino ratio: Return per unit of downside risk	4.12	3.83	+0.28
Omega ratio: Gain probability vs. loss probability	1.54	1.50	+0.04
Calmar ratio: Return relative to maximum drawdown	4.45	4.19	+0.26
Martin ratio: Return relative to average drawdown	17.83	20.06	-2.23

JGYIX vs. SVBAX - Sharpe Ratio Comparison

The current JGYIX Sharpe Ratio is 3.01, which is comparable to the SVBAX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of JGYIX and SVBAX, 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. SVBAX - Drawdown Comparison

The maximum JGYIX drawdown since its inception was -46.76%, which is greater than SVBAX's maximum drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for JGYIX and SVBAX.

Drawdown Indicators

	JGYIX	SVBAX	Difference
Max Drawdown Largest peak-to-trough decline	-46.76%	-40.81%	-5.95%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	-5.57%	-1.39%
Max Drawdown (3Y) Largest decline over 3 years	-11.99%	-12.06%	+0.07%
Max Drawdown (5Y) Largest decline over 5 years	-18.97%	-20.53%	+1.56%
Max Drawdown (10Y) Largest decline over 10 years	-36.45%	-21.00%	-15.45%
Current Drawdown Current decline from peak	-1.49%	-0.06%	-1.43%
Average Drawdown Average peak-to-trough decline	-6.75%	-5.23%	-1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	1.16%	+0.57%

Volatility

JGYIX vs. SVBAX - Volatility Comparison

John Hancock Global Shareholder Yield Fund (JGYIX) and John Hancock Balanced Fund (SVBAX) have volatilities of 3.52% 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.

Volatility by Period

	JGYIX	SVBAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	3.50%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	7.05%	+1.00%
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	8.69%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.24%	10.86%	+2.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.99%	10.83%	+4.16%

JGYIX vs. SVBAX - Expense Ratio Comparison

JGYIX has a 0.84% expense ratio, which is lower than SVBAX's 1.03% expense ratio.

Dividends

JGYIX vs. SVBAX - Dividend Comparison

JGYIX's dividend yield for the trailing twelve months is around 11.47%, more than SVBAX's 11.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JGYIX John Hancock Global Shareholder Yield Fund	10.64%	13.30%	8.21%	4.37%	9.51%	11.27%	2.71%	4.81%	6.31%	2.91%	3.19%	7.64%
SVBAX John Hancock Balanced Fund	10.89%	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

Can I hold both JGYIX and SVBAX in my portfolio?

JGYIX and SVBAX have a correlation of 0.73, 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 SVBAX?

JGYIX has higher volatility (3.52%) compared to SVBAX (3.50%). In terms of maximum drawdown, JGYIX dropped -46.76% vs SVBAX's -40.81%.

Which has better risk-adjusted returns?

JGYIX currently has the higher Sharpe Ratio (3.01 vs 2.68), 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.