JIEMX vs. FLCOX
JIEMX (John Hancock Funds II Equity Income Fund) and FLCOX (Fidelity Large Cap Value Index Fund) are both mutual funds - JIEMX is a Dividend fund managed by John Hancock, while FLCOX is a Large Cap Value Equities fund tracking the Russell 1000 Value Index. Over the past 5 years, JIEMX returned -0.24%/yr vs 11.70%/yr for FLCOX. Their correlation of 0.94 means they have usually moved in the same direction. JIEMX charges 0.76%/yr vs 0.04%/yr for FLCOX.
Performance
JIEMX vs. FLCOX - 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 FLCOX'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%
FLCOX
- 1D
- 0.49%
- 1M
- 1.47%
- 6M
- 14.83%
- YTD
- 20.05%
- 1Y
- 32.24%
- 3Y*
- 17.69%
- 5Y*
- 11.70%
- 10Y*
- —
- ALL TIME*
- 10.99%
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. FLCOX - 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% |
FLCOX Fidelity Large Cap Value Index Fund | 20.05% | 15.90% | 14.38% | 11.48% | -7.57% | 25.09% | 2.87% | 26.54% | -8.38% | 10.90% |
Correlation
The correlation between JIEMX and FLCOX is 0.80, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.94 |
The correlation between JIEMX and FLCOX shifts across timeframes, from 0.80 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JIEMX vs. FLCOX — Risk / Return Rank
JIEMX
FLCOX
JIEMX vs. FLCOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and Fidelity Large Cap Value Index Fund (FLCOX). 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 | FLCOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.13 | ||
| Sortino ratioReturn per unit of downside risk | -4.01 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.46 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 4.35 | -4.91 |
| Martin ratioReturn relative to average drawdown | -0.82 | 18.62 | -19.44 |
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Drawdowns
JIEMX vs. FLCOX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than FLCOX's maximum drawdown of -38.28%. Use the drawdown chart below to compare losses from any high point for JIEMX and FLCOX.
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Drawdown Indicators
| JIEMX | FLCOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -38.28% | -23.98% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -6.80% | -29.48% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -15.60% | -20.68% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -19.00% | -17.28% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | — | — |
Current DrawdownCurrent decline from peak | -24.43% | -0.56% | -23.87% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -4.39% | -6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.60% | +22.34% |
Volatility
JIEMX vs. FLCOX - Volatility Comparison
John Hancock Funds II Equity Income Fund (JIEMX) and Fidelity Large Cap Value Index Fund (FLCOX) have volatilities of 2.99% and 2.92%, 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.
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Volatility by Period
| JIEMX | FLCOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 2.92% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 8.72% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 11.43% | +26.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 14.84% | +8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 17.56% | +3.96% |
JIEMX vs. FLCOX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is higher than FLCOX's 0.04% expense ratio.
Dividends
JIEMX vs. FLCOX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than FLCOX's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCOX Fidelity Large Cap Value Index Fund | 0.87% | 1.51% | 1.92% | 1.99% | 2.01% | 1.55% | 2.28% | 3.82% | 2.79% | 0.60% | 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 FLCOX have a correlation of 0.80, 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 FLCOX (2.92%). In terms of maximum drawdown, JIEMX dropped -62.26% vs FLCOX's -38.28%.
FLCOX currently has the higher Sharpe Ratio (2.59 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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