Correlation
The correlation between JIBCX and DGRO is 0.91, 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.
JIBCX vs. DGRO
Compare and contrast key facts about John Hancock Funds II Blue Chip Growth Fund (JIBCX) and iShares Core Dividend Growth ETF (DGRO).
JIBCX is managed by John Hancock. It was launched on Oct 14, 2005. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIBCX or DGRO.
Performance
JIBCX vs. DGRO - Performance Comparison
Loading data...
Key characteristics
JIBCX:
0.69
DGRO:
0.78
JIBCX:
1.00
DGRO:
1.12
JIBCX:
1.14
DGRO:
1.16
JIBCX:
0.67
DGRO:
0.79
JIBCX:
2.19
DGRO:
3.10
JIBCX:
7.01%
DGRO:
3.57%
JIBCX:
25.81%
DGRO:
15.20%
JIBCX:
-54.53%
DGRO:
-35.10%
JIBCX:
-3.48%
DGRO:
-3.30%
Returns By Period
In the year-to-date period, JIBCX achieves a 1.47% return, which is significantly lower than DGRO's 1.76% return. Over the past 10 years, JIBCX has outperformed DGRO with an annualized return of 14.11%, while DGRO has yielded a comparatively lower 11.38% annualized return.
JIBCX
1.47%
9.86%
1.13%
17.75%
20.80%
13.42%
14.11%
DGRO
1.76%
3.28%
-3.30%
11.82%
9.13%
13.13%
11.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JIBCX vs. DGRO - Expense Ratio Comparison
JIBCX has a 0.81% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
JIBCX vs. DGRO — Risk-Adjusted Performance Rank
JIBCX
DGRO
JIBCX vs. DGRO - 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 iShares Core Dividend Growth ETF (DGRO). 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.
Loading data...
Dividends
JIBCX vs. DGRO - Dividend Comparison
JIBCX's dividend yield for the trailing twelve months is around 6.87%, more than DGRO's 2.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIBCX John Hancock Funds II Blue Chip Growth Fund | 6.87% | 6.97% | 3.23% | 5.57% | 16.45% | 4.72% | 1.46% | 7.73% | 16.16% | 6.40% | 13.20% | 11.06% |
DGRO iShares Core Dividend Growth ETF | 2.23% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
JIBCX vs. DGRO - Drawdown Comparison
The maximum JIBCX drawdown since its inception was -54.53%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for JIBCX and DGRO.
Loading data...
Volatility
JIBCX vs. DGRO - Volatility Comparison
John Hancock Funds II Blue Chip Growth Fund (JIBCX) has a higher volatility of 5.81% compared to iShares Core Dividend Growth ETF (DGRO) at 4.35%. This indicates that JIBCX's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...