JHCIX vs. FMUAX
JHCIX (John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio) and FMUAX (Federated Hermes Municipal and Stock Advantage Fund) are both Diversified Portfolio funds. Over the past 5 years, JHCIX returned 1.78%/yr vs 4.63%/yr for FMUAX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. JHCIX charges 0.13%/yr vs 1.00%/yr for FMUAX.
Performance
JHCIX vs. FMUAX - Performance Comparison
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Returns By Period
In the year-to-date period, JHCIX achieves a 2.18% return, which is significantly lower than FMUAX's 5.65% return.
JHCIX
- 1D
- 0.41%
- 1M
- -0.73%
- 6M
- 1.33%
- YTD
- 2.18%
- 1Y
- 6.72%
- 3Y*
- 6.59%
- 5Y*
- 1.78%
- 10Y*
- —
- ALL TIME*
- 3.72%
FMUAX
- 1D
- 0.60%
- 1M
- -0.69%
- 6M
- 4.11%
- YTD
- 5.65%
- 1Y
- 12.97%
- 3Y*
- 9.05%
- 5Y*
- 4.63%
- 10Y*
- 5.95%
- ALL TIME*
- 6.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JHCIX vs. FMUAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHCIX John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio | 2.18% | 9.73% | 4.43% | 9.16% | -14.57% | 2.96% | 10.74% | 12.46% | -1.97% | 3.08% |
FMUAX Federated Hermes Municipal and Stock Advantage Fund | 5.65% | 9.00% | 8.70% | 9.81% | -10.68% | 10.32% | 8.48% | 15.16% | -5.24% | 10.21% |
Correlation
The correlation between JHCIX and FMUAX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.60 |
The correlation between JHCIX and FMUAX has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.
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Return for Risk
JHCIX vs. FMUAX — Risk / Return Rank
JHCIX
FMUAX
JHCIX vs. FMUAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio (JHCIX) and Federated Hermes Municipal and Stock Advantage Fund (FMUAX). 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.
| JHCIX | FMUAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.46 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 3.17 | -1.35 |
| Martin ratioReturn relative to average drawdown | 7.34 | 15.09 | -7.75 |
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Drawdowns
JHCIX vs. FMUAX - Drawdown Comparison
The maximum JHCIX drawdown since its inception was -19.29%, smaller than the maximum FMUAX drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for JHCIX and FMUAX.
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Drawdown Indicators
| JHCIX | FMUAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.29% | -22.43% | +3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -4.01% | -4.94% | +0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -5.67% | -10.18% | +4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -19.29% | -15.93% | -3.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.46% | — |
Current DrawdownCurrent decline from peak | -0.97% | -0.92% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -2.74% | -1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.97% | -0.02% |
Volatility
JHCIX vs. FMUAX - Volatility Comparison
The current volatility for John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio (JHCIX) is 1.21%, while Federated Hermes Municipal and Stock Advantage Fund (FMUAX) has a volatility of 1.68%. This indicates that JHCIX experiences smaller price fluctuations and is considered to be less risky than FMUAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHCIX | FMUAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 1.68% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 3.90% | 4.95% | -1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.07% | 6.38% | -1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.52% | 7.21% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.68% | 8.14% | -2.46% |
JHCIX vs. FMUAX - Expense Ratio Comparison
JHCIX has a 0.13% expense ratio, which is lower than FMUAX's 1.00% expense ratio.
Dividends
JHCIX vs. FMUAX - Dividend Comparison
JHCIX's dividend yield for the trailing twelve months is around 3.50%, more than FMUAX's 1.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMUAX Federated Hermes Municipal and Stock Advantage Fund | 1.30% | 1.23% | 2.01% | 2.53% | 2.25% | 4.56% | 2.12% | 4.00% | 7.98% | 2.17% | 2.36% | 2.80% |
JHCIX John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio | 3.50% | 3.58% | 3.41% | 7.31% | 9.12% | 5.35% | 4.90% | 4.11% | 3.61% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JHCIX and FMUAX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMUAX has higher volatility (1.68%) compared to JHCIX (1.21%). In terms of maximum drawdown, JHCIX dropped -19.29% vs FMUAX's -22.43%.
FMUAX currently has the higher Sharpe Ratio (2.46 vs 1.44), 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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