JIEMX vs. EQIIX
JIEMX (John Hancock Funds II Equity Income Fund) and EQIIX (Allspring Emerging Markets Equity Income Fund) are both Dividend funds. Over the past 10 years, JIEMX returned 5.25%/yr vs 7.93%/yr for EQIIX. Their 0.54 correlation means they have sometimes moved together and sometimes differently. JIEMX charges 0.76%/yr vs 1.22%/yr for EQIIX.
Performance
JIEMX vs. EQIIX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with JIEMX having a 17.10% return and EQIIX slightly higher at 17.89%. Over the past 10 years, JIEMX has underperformed EQIIX with an annualized return of 5.25%, while EQIIX has yielded a comparatively higher 7.93% 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%
EQIIX
- 1D
- 4.01%
- 1M
- -3.66%
- 6M
- 7.18%
- YTD
- 17.89%
- 1Y
- 36.57%
- 3Y*
- 18.98%
- 5Y*
- 8.87%
- 10Y*
- 7.93%
- ALL TIME*
- 7.09%
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. EQIIX - 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% |
EQIIX Allspring Emerging Markets Equity Income Fund | 17.89% | 28.19% | 10.95% | 12.25% | -17.91% | 3.12% | 7.70% | 16.90% | -11.38% | 24.97% |
Correlation
The correlation between JIEMX and EQIIX 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 (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2012 | 0.54 |
The correlation between JIEMX and EQIIX shifts across timeframes, from 0.37 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JIEMX vs. EQIIX — Risk / Return Rank
JIEMX
EQIIX
JIEMX vs. EQIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and Allspring Emerging Markets Equity Income Fund (EQIIX). 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 | EQIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.48 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.30 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 2.40 | -2.97 |
| Martin ratioReturn relative to average drawdown | -0.82 | 7.17 | -7.99 |
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Drawdowns
JIEMX vs. EQIIX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than EQIIX's maximum drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for JIEMX and EQIIX.
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Drawdown Indicators
| JIEMX | EQIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -38.13% | -24.13% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -13.94% | -22.34% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -17.64% | -18.64% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -29.25% | -7.03% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -38.13% | -1.63% |
Current DrawdownCurrent decline from peak | -24.43% | -10.48% | -13.95% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -10.15% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 4.66% | +19.28% |
Volatility
JIEMX vs. EQIIX - Volatility Comparison
The current volatility for John Hancock Funds II Equity Income Fund (JIEMX) is 2.99%, while Allspring Emerging Markets Equity Income Fund (EQIIX) has a volatility of 8.35%. This indicates that JIEMX experiences smaller price fluctuations and is considered to be less risky than EQIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIEMX | EQIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 8.35% | -5.36% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 18.59% | -10.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 20.78% | +17.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 16.24% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 16.65% | +4.87% |
JIEMX vs. EQIIX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is lower than EQIIX's 1.22% expense ratio.
Dividends
JIEMX vs. EQIIX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than EQIIX's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQIIX Allspring Emerging Markets Equity Income Fund | 2.28% | 2.58% | 2.08% | 2.53% | 2.70% | 2.92% | 1.79% | 2.46% | 2.87% | 1.80% | 2.77% | 2.38% |
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 EQIIX 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.
EQIIX has higher volatility (8.35%) compared to JIEMX (2.99%). In terms of maximum drawdown, JIEMX dropped -62.26% vs EQIIX's -38.13%.
EQIIX currently has the higher Sharpe Ratio (1.61 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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