JIEMX vs. AMECX
JIEMX (John Hancock Funds II Equity Income Fund) and AMECX (American Funds The Income Fund of America Class A) are both mutual funds - JIEMX is a Dividend fund managed by John Hancock, while AMECX is a Diversified Portfolio fund actively managed by American Funds. Over the past 10 years, JIEMX returned 5.25%/yr vs 8.35%/yr for AMECX. Their correlation of 0.90 means they have usually moved in the same direction. JIEMX charges 0.76%/yr vs 0.56%/yr for AMECX.
Performance
JIEMX vs. AMECX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JIEMX achieves a 17.10% return, which is significantly higher than AMECX's 8.47% return. Over the past 10 years, JIEMX has underperformed AMECX with an annualized return of 5.25%, while AMECX has yielded a comparatively higher 8.35% annualized return.
JIEMX
- 1D
- 0.64%
- 1M
- 1.22%
- 6M
- 12.93%
- YTD
- 17.10%
- 1Y
- -17.92%
- 3Y*
- -0.49%
- 5Y*
- -0.24%
- 10Y*
- 5.25%
- ALL TIME*
- 5.39%
AMECX
- 1D
- 0.25%
- 1M
- 1.23%
- 6M
- 4.62%
- YTD
- 8.47%
- 1Y
- 16.31%
- 3Y*
- 13.17%
- 5Y*
- 8.30%
- 10Y*
- 8.35%
- ALL TIME*
- 7.75%
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 |
JIEMX vs. AMECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JIEMX John Hancock Funds II Equity Income Fund | 17.10% | -26.66% | 11.75% | 9.49% | -11.75% | 25.29% | 1.07% | 26.44% | -9.78% | 15.46% |
AMECX American Funds The Income Fund of America Class A | 8.47% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
Correlation
The correlation between JIEMX and AMECX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005 | 0.90 |
Over the past year, the correlation between JIEMX and AMECX has dropped to 0.69 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JIEMX vs. AMECX — Risk / Return Rank
JIEMX
AMECX
JIEMX vs. AMECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and American Funds The Income Fund of America Class A (AMECX). 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.
| JIEMX | AMECX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.60 | ||
| Sortino ratioReturn per unit of downside risk | -3.30 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.37 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 2.49 | -3.05 |
| Martin ratioReturn relative to average drawdown | -0.82 | 9.13 | -9.95 |
Loading charts...
Drawdowns
JIEMX vs. AMECX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than AMECX's maximum drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for JIEMX and AMECX.
Loading charts...
Drawdown Indicators
| JIEMX | AMECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -41.92% | -20.34% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -6.13% | -30.15% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -8.58% | -27.70% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -15.78% | -20.50% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -26.13% | -13.63% |
Current DrawdownCurrent decline from peak | -24.43% | -0.18% | -24.25% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -4.44% | -6.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.67% | +22.27% |
Volatility
JIEMX vs. AMECX - Volatility Comparison
John Hancock Funds II Equity Income Fund (JIEMX) has a higher volatility of 2.99% compared to American Funds The Income Fund of America Class A (AMECX) at 1.99%. This indicates that JIEMX's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JIEMX | AMECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 1.99% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 5.86% | +2.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 7.41% | +30.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 9.43% | +13.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 10.63% | +10.89% |
JIEMX vs. AMECX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Dividends
JIEMX vs. AMECX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than AMECX's 9.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 9.28% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
JIEMX John Hancock Funds II Equity Income Fund | 0.52% | 1.75% | 11.35% | 7.98% | 2.09% | 9.34% | 2.59% | 8.25% | 13.73% | 8.43% | 3.73% | 11.26% |
Frequently Asked Questions
JIEMX and AMECX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JIEMX has higher volatility (2.99%) compared to AMECX (1.99%). In terms of maximum drawdown, JIEMX dropped -62.26% vs AMECX's -41.92%.
AMECX currently has the higher Sharpe Ratio (2.06 vs -0.54), 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.
Find the right allocation for JIEMX and AMECX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer