JIBRX vs. IOEZX

Last updated Jul 4, 2026

JIBRX (John Hancock Funds Multi-Index Lifestyle Balanced Portfolio) and IOEZX (ICON Equity Income Fund) are both Diversified Portfolio funds. Over the past 10 years, JIBRX returned 7.82%/yr vs 9.00%/yr for IOEZX. Their correlation of 0.80 suggests significant overlap in exposure. JIBRX charges 0.38%/yr vs 1.00%/yr for IOEZX.

Performance

JIBRX vs. IOEZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Multi-Index Lifestyle Balanced Portfolio (JIBRX) and ICON Equity Income Fund (IOEZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIBRX achieves a 7.95% return, which is significantly lower than IOEZX's 18.31% return. Over the past 10 years, JIBRX has underperformed IOEZX with an annualized return of 7.82%, while IOEZX has yielded a comparatively higher 9.00% annualized return.

JIBRX

• 1D: 0.15%
• 1M: -0.11%
• 6M: 7.45%
• YTD: 7.95%
• 1Y: 14.95%
• 3Y*: 12.54%
• 5Y*: 5.96%
• 10Y*: 7.82%

IOEZX

• 1D: 1.13%
• 1M: 4.62%
• 6M: 16.54%
• YTD: 18.31%
• 1Y: 27.11%
• 3Y*: 13.88%
• 5Y*: 5.93%
• 10Y*: 9.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JIBRX vs. IOEZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JIBRX John Hancock Funds Multi-Index Lifestyle Balanced Portfolio	7.95%	14.57%	9.57%	13.16%	-15.50%	11.79%	12.17%	19.48%	-5.62%	11.87%
IOEZX ICON Equity Income Fund	18.31%	14.29%	6.12%	3.82%	-13.56%	24.15%	3.16%	27.70%	-10.11%	13.59%

Correlation

The correlation between JIBRX and IOEZX is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Dec 31, 2013	0.80

The correlation between JIBRX and IOEZX shifts across timeframes, from 0.65 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JIBRX vs. IOEZX — Risk / Return Rank

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

JIBRX

JIBRX Risk / Return Rank: 66
JIBRX Sharpe Ratio Rank: 65
JIBRX Sortino Ratio Rank: 64
JIBRX Omega Ratio Rank: 64
JIBRX Calmar Ratio Rank: 64
JIBRX Martin Ratio Rank: 73

IOEZX

IOEZX Risk / Return Rank: 87
IOEZX Sharpe Ratio Rank: 85
IOEZX Sortino Ratio Rank: 86
IOEZX Omega Ratio Rank: 77
IOEZX Calmar Ratio Rank: 93
IOEZX Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JIBRX vs. IOEZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index Lifestyle Balanced Portfolio (JIBRX) and ICON Equity Income Fund (IOEZX). 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.

	JIBRX	IOEZX	Difference
Sharpe ratio: Return per unit of total volatility	1.78	2.29	-0.51
Sortino ratio: Return per unit of downside risk	2.51	3.41	-0.90
Omega ratio: Gain probability vs. loss probability	1.33	1.38	-0.05
Calmar ratio: Return relative to maximum drawdown	2.48	4.12	-1.63
Martin ratio: Return relative to average drawdown	10.63	14.95	-4.31

JIBRX vs. IOEZX - Sharpe Ratio Comparison

The current JIBRX Sharpe Ratio is 1.78, which is comparable to the IOEZX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of JIBRX and IOEZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JIBRX vs. IOEZX - Drawdown Comparison

The maximum JIBRX drawdown since its inception was -25.37%, smaller than the maximum IOEZX drawdown of -56.15%. Use the drawdown chart below to compare losses from any high point for JIBRX and IOEZX.

Drawdown Indicators

	JIBRX	IOEZX	Difference
Max Drawdown Largest peak-to-trough decline	-25.37%	-56.15%	+30.78%
Max Drawdown (1Y) Largest decline over 1 year	-6.20%	-6.77%	+0.57%
Max Drawdown (3Y) Largest decline over 3 years	-10.16%	-13.95%	+3.79%
Max Drawdown (5Y) Largest decline over 5 years	-21.78%	-21.47%	-0.31%
Max Drawdown (10Y) Largest decline over 10 years	-25.37%	-38.12%	+12.75%
Current Drawdown Current decline from peak	-0.61%	0.00%	-0.61%
Average Drawdown Average peak-to-trough decline	-3.59%	-8.55%	+4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	1.86%	-0.42%

Volatility

JIBRX vs. IOEZX - Volatility Comparison

John Hancock Funds Multi-Index Lifestyle Balanced Portfolio (JIBRX) and ICON Equity Income Fund (IOEZX) have volatilities of 3.62% and 3.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIBRX	IOEZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	3.68%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	7.23%	9.14%	-1.91%
Volatility (1Y) Calculated over the trailing 1-year period	8.63%	12.17%	-3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.74%	13.79%	-3.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.27%	16.44%	-5.17%

JIBRX vs. IOEZX - Expense Ratio Comparison

JIBRX has a 0.38% expense ratio, which is lower than IOEZX's 1.00% expense ratio.

Dividends

JIBRX vs. IOEZX - Dividend Comparison

JIBRX's dividend yield for the trailing twelve months is around 2.40%, less than IOEZX's 2.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IOEZX ICON Equity Income Fund	2.83%	3.56%	4.32%	3.75%	13.63%	12.92%	3.68%	4.74%	3.80%	3.13%	3.32%	4.24%
JIBRX John Hancock Funds Multi-Index Lifestyle Balanced Portfolio	2.40%	2.60%	2.49%	2.64%	10.69%	6.33%	3.99%	6.71%	8.04%	2.86%	3.19%	2.15%

Frequently Asked Questions

Can I hold both JIBRX and IOEZX in my portfolio?

JIBRX and IOEZX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIBRX or IOEZX?

IOEZX has higher volatility (3.68%) compared to JIBRX (3.62%). In terms of maximum drawdown, JIBRX dropped -25.37% vs IOEZX's -56.15%.

Which has better risk-adjusted returns?

IOEZX currently has the higher Sharpe Ratio (2.29 vs 1.78), 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.