JIEMX vs. AVERX
JIEMX (John Hancock Funds II Equity Income Fund) and AVERX (Ave Maria Value Focused Fund) are both mutual funds - JIEMX is a Dividend fund managed by John Hancock, while AVERX is a Large Cap Value Equities fund tracking the S&P 500® Index. Over the past year, JIEMX returned -17.92% vs 26.35% for AVERX. Their 0.38 correlation means their historical movements had little consistent relationship. JIEMX charges 0.76%/yr vs 1.26%/yr for AVERX.
Performance
JIEMX vs. AVERX - Performance Comparison
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Returns By Period
In the year-to-date period, JIEMX achieves a 17.10% return, which is significantly lower than AVERX's 20.05% 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%
AVERX
- 1D
- 0.72%
- 1M
- 2.76%
- 6M
- 8.76%
- YTD
- 20.05%
- 1Y
- 26.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.02%
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. AVERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JIEMX John Hancock Funds II Equity Income Fund | 17.10% | -26.38% |
AVERX Ave Maria Value Focused Fund | 20.05% | 0.37% |
Correlation
The correlation between JIEMX and AVERX is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025 | 0.38 |
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Return for Risk
JIEMX vs. AVERX — Risk / Return Rank
JIEMX
AVERX
JIEMX vs. AVERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and Ave Maria Value Focused Fund (AVERX). 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 | AVERX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.21 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 1.77 | -2.34 |
| Martin ratioReturn relative to average drawdown | -0.82 | 4.33 | -5.14 |
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Drawdowns
JIEMX vs. AVERX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than AVERX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for JIEMX and AVERX.
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Drawdown Indicators
| JIEMX | AVERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -13.39% | -48.87% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -13.39% | -22.89% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | — | — |
Current DrawdownCurrent decline from peak | -24.43% | -6.61% | -17.82% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -6.14% | -4.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 5.47% | +18.47% |
Volatility
JIEMX vs. AVERX - Volatility Comparison
The current volatility for John Hancock Funds II Equity Income Fund (JIEMX) is 2.99%, while Ave Maria Value Focused Fund (AVERX) has a volatility of 4.67%. This indicates that JIEMX experiences smaller price fluctuations and is considered to be less risky than AVERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIEMX | AVERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 4.67% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 14.50% | -6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 19.78% | +18.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 18.80% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 18.80% | +2.72% |
JIEMX vs. AVERX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is lower than AVERX's 1.26% expense ratio.
Dividends
JIEMX vs. AVERX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, more than AVERX's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVERX Ave Maria Value Focused Fund | 0.34% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 AVERX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVERX has higher volatility (4.67%) compared to JIEMX (2.99%). In terms of maximum drawdown, JIEMX dropped -62.26% vs AVERX's -13.39%.
AVERX currently has the higher Sharpe Ratio (1.20 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.
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