JHCIX vs. NWQIX
JHCIX (John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio) and NWQIX (Nuveen Flexible Income Fund) are both Diversified Portfolio funds. Over the past 5 years, JHCIX returned 2.26%/yr vs 4.42%/yr for NWQIX. A 0.73 correlation means they provide meaningful diversification when combined. JHCIX charges 0.13%/yr vs 0.70%/yr for NWQIX.
Performance
JHCIX vs. NWQIX - Performance Comparison
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Returns By Period
In the year-to-date period, JHCIX achieves a 3.02% return, which is significantly lower than NWQIX's 5.55% return.
JHCIX
- 1D
- -0.08%
- 1M
- 0.90%
- YTD
- 3.02%
- 6M
- 3.00%
- 1Y
- 8.88%
- 3Y*
- 7.19%
- 5Y*
- 2.26%
- 10Y*
- —
NWQIX
- 1D
- -0.15%
- 1M
- 1.46%
- YTD
- 5.55%
- 6M
- 5.96%
- 1Y
- 14.35%
- 3Y*
- 10.77%
- 5Y*
- 4.42%
- 10Y*
- 5.76%
JHCIX vs. NWQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHCIX John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio | 3.02% | 9.73% | 4.43% | 9.16% | -14.57% | 2.96% | 10.74% | 12.46% | -1.97% | 3.08% |
NWQIX Nuveen Flexible Income Fund | 5.55% | 11.74% | 6.03% | 11.61% | -13.64% | 4.94% | 5.54% | 18.57% | -4.07% | 8.17% |
Correlation
The correlation between JHCIX and NWQIX is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.73 |
The correlation between JHCIX and NWQIX has been stable across timeframes, ranging from 0.67 to 0.76 - a consistent structural relationship.
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Return for Risk
JHCIX vs. NWQIX — Risk / Return Rank
JHCIX
NWQIX
JHCIX vs. NWQIX - 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 Nuveen Flexible Income Fund (NWQIX). 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 | NWQIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.82 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 4.98 | -2.42 |
| Martin ratioReturn relative to average drawdown | 10.46 | 23.52 | -13.06 |
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Drawdowns
JHCIX vs. NWQIX - Drawdown Comparison
The maximum JHCIX drawdown since its inception was -19.29%, smaller than the maximum NWQIX drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for JHCIX and NWQIX.
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Drawdown Indicators
| JHCIX | NWQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.29% | -23.89% | +4.60% |
Max Drawdown (1Y)Largest decline over 1 year | -4.01% | -2.94% | -1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -7.05% | -4.59% | -2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -19.29% | -17.75% | -1.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.89% | — |
Current DrawdownCurrent decline from peak | -0.08% | -0.15% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -3.00% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.62% | +0.32% |
Volatility
JHCIX vs. NWQIX - Volatility Comparison
John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio (JHCIX) has a higher volatility of 1.69% compared to Nuveen Flexible Income Fund (NWQIX) at 1.23%. This indicates that JHCIX's price experiences larger fluctuations and is considered to be riskier than NWQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHCIX | NWQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 1.23% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 3.85% | 3.14% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.11% | 3.98% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.50% | 5.70% | +0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.69% | 6.33% | -0.64% |
JHCIX vs. NWQIX - Expense Ratio Comparison
JHCIX has a 0.13% expense ratio, which is lower than NWQIX's 0.70% expense ratio.
Dividends
JHCIX vs. NWQIX - Dividend Comparison
JHCIX's dividend yield for the trailing twelve months is around 3.48%, less than NWQIX's 5.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHCIX John Hancock Variable Insurance Trust Lifestyle Conservative Portfolio | 3.48% | 3.58% | 3.41% | 7.31% | 9.12% | 5.35% | 4.90% | 4.11% | 3.61% | 0.00% | 0.00% | 0.00% |
NWQIX Nuveen Flexible Income Fund | 5.50% | 6.09% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
Frequently Asked Questions
JHCIX and NWQIX 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.
JHCIX has higher volatility (1.69%) compared to NWQIX (1.23%). In terms of maximum drawdown, JHCIX dropped -19.29% vs NWQIX's -23.89%.
NWQIX currently has the higher Sharpe Ratio (3.69 vs 2.01), 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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