JHMPX vs. FMUAX
JHMPX (John Hancock Variable Insurance Trust Lifestyle Moderate Portfolio) and FMUAX (Federated Hermes Municipal and Stock Advantage Fund) are both Diversified Portfolio funds. Over the past 5 years, JHMPX returned 3.89%/yr vs 4.63%/yr for FMUAX. Their correlation of 0.83 means they have usually moved in the same direction. JHMPX charges 0.13%/yr vs 1.00%/yr for FMUAX.
Performance
JHMPX vs. FMUAX - Performance Comparison
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Returns By Period
In the year-to-date period, JHMPX achieves a 4.06% return, which is significantly lower than FMUAX's 5.65% return.
JHMPX
- 1D
- 0.82%
- 1M
- -0.80%
- 6M
- 2.64%
- YTD
- 4.06%
- 1Y
- 9.89%
- 3Y*
- 9.01%
- 5Y*
- 3.89%
- 10Y*
- —
- ALL TIME*
- 5.75%
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 |
JHMPX vs. FMUAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHMPX John Hancock Variable Insurance Trust Lifestyle Moderate Portfolio | 4.06% | 12.39% | 7.13% | 12.20% | -15.10% | 7.25% | 12.07% | 15.97% | -3.58% | 5.94% |
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 JHMPX and FMUAX is 0.80, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.83 |
The correlation between JHMPX and FMUAX has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.
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Return for Risk
JHMPX vs. FMUAX — Risk / Return Rank
JHMPX
FMUAX
JHMPX vs. FMUAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Lifestyle Moderate Portfolio (JHMPX) 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.
| JHMPX | FMUAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.46 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 3.17 | -1.16 |
| Martin ratioReturn relative to average drawdown | 8.25 | 15.09 | -6.84 |
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Drawdowns
JHMPX vs. FMUAX - Drawdown Comparison
The maximum JHMPX drawdown since its inception was -20.52%, smaller than the maximum FMUAX drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for JHMPX and FMUAX.
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Drawdown Indicators
| JHMPX | FMUAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.52% | -22.43% | +1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -5.27% | -4.94% | -0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -7.00% | -10.18% | +3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -20.52% | -15.93% | -4.59% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.46% | — |
Current DrawdownCurrent decline from peak | -1.24% | -0.92% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -3.60% | -2.74% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 0.97% | +0.26% |
Volatility
JHMPX vs. FMUAX - Volatility Comparison
John Hancock Variable Insurance Trust Lifestyle Moderate Portfolio (JHMPX) has a higher volatility of 1.90% compared to Federated Hermes Municipal and Stock Advantage Fund (FMUAX) at 1.68%. This indicates that JHMPX's price experiences larger fluctuations and is considered to be riskier 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
| JHMPX | FMUAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.90% | 1.68% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 5.78% | 4.95% | +0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.13% | 6.38% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.44% | 7.21% | +1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.02% | 8.14% | -0.12% |
JHMPX vs. FMUAX - Expense Ratio Comparison
JHMPX has a 0.13% expense ratio, which is lower than FMUAX's 1.00% expense ratio.
Dividends
JHMPX vs. FMUAX - Dividend Comparison
JHMPX's dividend yield for the trailing twelve months is around 5.62%, 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% |
JHMPX John Hancock Variable Insurance Trust Lifestyle Moderate Portfolio | 5.62% | 5.85% | 4.81% | 10.70% | 11.76% | 6.67% | 5.55% | 4.38% | 4.12% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JHMPX and FMUAX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JHMPX has higher volatility (1.90%) compared to FMUAX (1.68%). In terms of maximum drawdown, JHMPX dropped -20.52% vs FMUAX's -22.43%.
FMUAX currently has the higher Sharpe Ratio (2.46 vs 1.49), 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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