JIBCX vs. ARKK
Compare and contrast key facts about John Hancock Funds II Blue Chip Growth Fund (JIBCX) and ARK Innovation ETF (ARKK).
JIBCX is managed by John Hancock. It was launched on Oct 14, 2005. ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIBCX or ARKK.
Key characteristics
| JIBCX | ARKK | |
|---|---|---|
| YTD Return | 24.58% | -11.82% |
| 1Y Return | 37.03% | 11.25% |
| 3Y Return (Ann) | 4.51% | -27.22% |
| 5Y Return (Ann) | 14.15% | 1.37% |
| Sharpe Ratio | 2.06 | 0.27 |
| Daily Std Dev | 17.81% | 36.44% |
| Max Drawdown | -54.53% | -80.91% |
| Current Drawdown | -4.60% | -70.02% |
Correlation
The correlation between JIBCX and ARKK is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JIBCX vs. ARKK - Performance Comparison
In the year-to-date period, JIBCX achieves a 24.58% return, which is significantly higher than ARKK's -11.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JIBCX vs. ARKK - Expense Ratio Comparison
JIBCX has a 0.81% expense ratio, which is higher than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
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.
Dividends
JIBCX vs. ARKK - Dividend Comparison
JIBCX's dividend yield for the trailing twelve months is around 2.59%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIBCX John Hancock Funds II Blue Chip Growth Fund | 2.59% | 3.23% | 5.57% | 16.46% | 4.72% | 1.46% | 7.73% | 16.16% | 6.39% | 13.20% | 0.00% | 0.23% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% | 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. For additional features, visit the drawdowns tool.
Volatility
JIBCX vs. ARKK - Volatility Comparison
The current volatility for John Hancock Funds II Blue Chip Growth Fund (JIBCX) is 5.59%, while ARK Innovation ETF (ARKK) has a volatility of 10.60%. 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.