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JIBCX vs. ARKK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JIBCX and ARKK is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

JIBCX vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds II Blue Chip Growth Fund (JIBCX) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

JIBCX:

0.62

ARKK:

0.68

Sortino Ratio

JIBCX:

1.04

ARKK:

1.14

Omega Ratio

JIBCX:

1.14

ARKK:

1.14

Calmar Ratio

JIBCX:

0.71

ARKK:

0.37

Martin Ratio

JIBCX:

2.31

ARKK:

1.97

Ulcer Index

JIBCX:

7.00%

ARKK:

13.98%

Daily Std Dev

JIBCX:

25.82%

ARKK:

44.84%

Max Drawdown

JIBCX:

-54.53%

ARKK:

-80.91%

Current Drawdown

JIBCX:

-3.40%

ARKK:

-63.54%

Returns By Period

In the year-to-date period, JIBCX achieves a 1.55% return, which is significantly higher than ARKK's -0.26% return. Over the past 10 years, JIBCX has outperformed ARKK with an annualized return of 14.12%, while ARKK has yielded a comparatively lower 11.17% annualized return.


JIBCX

YTD

1.55%

1M

10.03%

6M

2.07%

1Y

15.93%

3Y*

20.72%

5Y*

13.44%

10Y*

14.12%

ARKK

YTD

-0.26%

1M

9.88%

6M

-0.93%

1Y

30.22%

3Y*

7.63%

5Y*

-1.65%

10Y*

11.17%

*Annualized

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ARK Innovation ETF

JIBCX vs. ARKK - Expense Ratio Comparison

JIBCX has a 0.81% expense ratio, which is higher than ARKK's 0.75% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

JIBCX vs. ARKK — Risk-Adjusted Performance Rank

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

JIBCX
The Risk-Adjusted Performance Rank of JIBCX is 5454
Overall Rank
The Sharpe Ratio Rank of JIBCX is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of JIBCX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of JIBCX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of JIBCX is 6363
Calmar Ratio Rank
The Martin Ratio Rank of JIBCX is 5151
Martin Ratio Rank

ARKK
The Risk-Adjusted Performance Rank of ARKK is 5656
Overall Rank
The Sharpe Ratio Rank of ARKK is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKK is 6565
Sortino Ratio Rank
The Omega Ratio Rank of ARKK is 5858
Omega Ratio Rank
The Calmar Ratio Rank of ARKK is 4141
Calmar Ratio Rank
The Martin Ratio Rank of ARKK is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

JIBCX vs. ARKK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Blue Chip Growth Fund (JIBCX) and ARK Innovation ETF (ARKK). 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.


The current JIBCX Sharpe Ratio is 0.62, which is comparable to the ARKK Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of JIBCX and ARKK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

JIBCX vs. ARKK - Dividend Comparison

JIBCX's dividend yield for the trailing twelve months is around 6.86%, while ARKK has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
JIBCX
John Hancock Funds II Blue Chip Growth Fund
6.86%6.97%3.23%5.57%16.45%4.72%1.46%7.73%16.16%6.40%13.20%11.06%
ARKK
ARK Innovation ETF
0.00%0.00%0.00%0.00%0.83%1.31%0.38%3.14%1.32%0.00%2.27%0.00%

Drawdowns

JIBCX vs. ARKK - Drawdown Comparison

The maximum JIBCX drawdown since its inception was -54.53%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for JIBCX and ARKK.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

JIBCX vs. ARKK - Volatility Comparison

The current volatility for John Hancock Funds II Blue Chip Growth Fund (JIBCX) is 5.80%, while ARK Innovation ETF (ARKK) has a volatility of 12.24%. This indicates that JIBCX experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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