JHAIX vs. JIBCX

Last updated Jul 11, 2026

JHAIX (JHancock Multi-Asset Absolute Return Fund) and JIBCX (John Hancock Funds II Blue Chip Growth Fund) are both mutual funds - JHAIX is a Tactical Allocation fund managed by John Hancock, while JIBCX is a Large Cap Growth Equities fund managed by John Hancock. Over the past 10 years, JHAIX returned 3.25%/yr vs 14.96%/yr for JIBCX. A 0.52 correlation means they provide meaningful diversification when combined. JHAIX charges 1.26%/yr vs 0.81%/yr for JIBCX.

Performance

JHAIX vs. JIBCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JHancock Multi-Asset Absolute Return Fund (JHAIX) and John Hancock Funds II Blue Chip Growth Fund (JIBCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHAIX achieves a 2.04% return, which is significantly higher than JIBCX's 1.10% return. Over the past 10 years, JHAIX has underperformed JIBCX with an annualized return of 3.25%, while JIBCX has yielded a comparatively higher 14.96% annualized return.

JHAIX

• 1D: 0.46%
• 1M: 0.55%
• 6M: 0.73%
• YTD: 2.04%
• 1Y: 5.88%
• 3Y*: 4.56%
• 5Y*: 2.71%
• 10Y*: 3.25%

JIBCX

• 1D: 1.22%
• 1M: 1.24%
• 6M: 0.09%
• YTD: 1.10%
• 1Y: 0.99%
• 3Y*: 18.65%
• 5Y*: 6.95%
• 10Y*: 14.96%

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

JHAIX vs. JIBCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JHAIX JHancock Multi-Asset Absolute Return Fund	2.04%	4.47%	3.85%	4.88%	-5.30%	11.80%	2.10%	9.39%	-5.13%	3.75%
JIBCX John Hancock Funds II Blue Chip Growth Fund	1.10%	8.28%	35.89%	49.47%	-38.12%	16.88%	34.25%	29.71%	1.72%	36.25%

Correlation

The correlation between JHAIX and JIBCX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Dec 21, 2011	0.52

The correlation between JHAIX and JIBCX shifts across timeframes, from 0.35 (3 years) to 0.52 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JHAIX vs. JIBCX — Risk / Return Rank

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

JHAIX

JHAIX Risk / Return Rank: 10
JHAIX Sharpe Ratio Rank: 10
JHAIX Sortino Ratio Rank: 10
JHAIX Omega Ratio Rank: 9
JHAIX Calmar Ratio Rank: 10
JHAIX Martin Ratio Rank: 10

JIBCX

JIBCX Risk / Return Rank: 4
JIBCX Sharpe Ratio Rank: 4
JIBCX Sortino Ratio Rank: 4
JIBCX Omega Ratio Rank: 4
JIBCX Calmar Ratio Rank: 4
JIBCX Martin Ratio Rank: 4

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.

JHAIX vs. JIBCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JHancock Multi-Asset Absolute Return Fund (JHAIX) and John Hancock Funds II Blue Chip Growth Fund (JIBCX). 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.

	JHAIX	JIBCX	Difference
Sharpe ratio: Return per unit of total volatility	0.56	0.05	+0.51
Sortino ratio: Return per unit of downside risk	0.85	0.20	+0.66
Omega ratio: Gain probability vs. loss probability	1.10	1.03	+0.08
Calmar ratio: Return relative to maximum drawdown	0.65	0.04	+0.61
Martin ratio: Return relative to average drawdown	1.94	0.09	+1.85

JHAIX vs. JIBCX - Sharpe Ratio Comparison

The current JHAIX Sharpe Ratio is 0.56, which is higher than the JIBCX Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of JHAIX and JIBCX, 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

JHAIX vs. JIBCX - Drawdown Comparison

The maximum JHAIX drawdown since its inception was -10.61%, smaller than the maximum JIBCX drawdown of -54.15%. Use the drawdown chart below to compare losses from any high point for JHAIX and JIBCX.

Drawdown Indicators

	JHAIX	JIBCX	Difference
Max Drawdown Largest peak-to-trough decline	-10.61%	-54.15%	+43.54%
Max Drawdown (1Y) Largest decline over 1 year	-7.24%	-24.47%	+17.23%
Max Drawdown (3Y) Largest decline over 3 years	-7.24%	-24.47%	+17.23%
Max Drawdown (5Y) Largest decline over 5 years	-10.61%	-42.74%	+32.13%
Max Drawdown (10Y) Largest decline over 10 years	-10.61%	-42.74%	+32.13%
Current Drawdown Current decline from peak	-0.72%	-10.28%	+9.56%
Average Drawdown Average peak-to-trough decline	-2.69%	-9.28%	+6.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	10.28%	-7.86%

Volatility

JHAIX vs. JIBCX - Volatility Comparison

The current volatility for JHancock Multi-Asset Absolute Return Fund (JHAIX) is 2.65%, while John Hancock Funds II Blue Chip Growth Fund (JIBCX) has a volatility of 6.74%. This indicates that JHAIX experiences smaller price fluctuations and is considered to be less risky than JIBCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHAIX	JIBCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	6.74%	-4.09%
Volatility (6M) Calculated over the trailing 6-month period	6.66%	13.94%	-7.28%
Volatility (1Y) Calculated over the trailing 1-year period	8.42%	19.59%	-11.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.29%	24.70%	-17.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.56%	23.06%	-16.50%

JHAIX vs. JIBCX - Expense Ratio Comparison

JHAIX has a 1.26% expense ratio, which is higher than JIBCX's 0.81% expense ratio.

Dividends

JHAIX vs. JIBCX - Dividend Comparison

Neither JHAIX nor JIBCX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHAIX JHancock Multi-Asset Absolute Return Fund	0.00%	0.00%	1.84%	0.00%	3.45%	0.00%	0.80%	17.08%	0.00%	0.00%	0.00%	6.92%
JIBCX John Hancock Funds II Blue Chip Growth Fund	0.00%	0.00%	6.97%	3.23%	5.57%	16.46%	4.72%	1.46%	7.73%	16.16%	6.35%	13.20%

Frequently Asked Questions

Can I hold both JHAIX and JIBCX in my portfolio?

JHAIX and JIBCX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHAIX or JIBCX?

JIBCX has higher volatility (6.74%) compared to JHAIX (2.65%). In terms of maximum drawdown, JHAIX dropped -10.61% vs JIBCX's -54.15%.

Which has better risk-adjusted returns?

JHAIX currently has the higher Sharpe Ratio (0.56 vs 0.05), 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.