JIEMX vs. GSGRX
JIEMX (John Hancock Funds II Equity Income Fund) and GSGRX (Goldman Sachs Equity Income Fund) are both Dividend funds. Over the past 10 years, JIEMX returned 5.25%/yr vs 11.70%/yr for GSGRX. Their correlation of 0.94 means they have usually moved in the same direction. JIEMX charges 0.76%/yr vs 1.20%/yr for GSGRX.
Performance
JIEMX vs. GSGRX - 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 GSGRX's 18.68% return. Over the past 10 years, JIEMX has underperformed GSGRX with an annualized return of 5.25%, while GSGRX has yielded a comparatively higher 11.70% 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%
GSGRX
- 1D
- 0.88%
- 1M
- 2.38%
- 6M
- 14.73%
- YTD
- 18.68%
- 1Y
- 27.06%
- 3Y*
- 20.30%
- 5Y*
- 12.96%
- 10Y*
- 11.70%
- ALL TIME*
- 8.40%
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. GSGRX - 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% |
GSGRX Goldman Sachs Equity Income Fund | 18.68% | 12.48% | 25.98% | 8.19% | -5.28% | 21.83% | 3.49% | 24.98% | -6.11% | 10.37% |
Correlation
The correlation between JIEMX and GSGRX is 0.75, 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. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005 | 0.94 |
The correlation between JIEMX and GSGRX shifts across timeframes, from 0.75 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JIEMX vs. GSGRX — Risk / Return Rank
JIEMX
GSGRX
JIEMX vs. GSGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and Goldman Sachs Equity Income Fund (GSGRX). 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 | GSGRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.95 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.43 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 4.58 | -5.15 |
| Martin ratioReturn relative to average drawdown | -0.82 | 18.09 | -18.90 |
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Drawdowns
JIEMX vs. GSGRX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than GSGRX's maximum drawdown of -54.44%. Use the drawdown chart below to compare losses from any high point for JIEMX and GSGRX.
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Drawdown Indicators
| JIEMX | GSGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -54.44% | -7.82% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -5.48% | -30.80% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -19.02% | -17.26% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -19.02% | -17.26% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -35.11% | -4.65% |
Current DrawdownCurrent decline from peak | -24.43% | -0.11% | -24.32% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -10.33% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.41% | +22.53% |
Volatility
JIEMX vs. GSGRX - Volatility Comparison
John Hancock Funds II Equity Income Fund (JIEMX) has a higher volatility of 2.99% compared to Goldman Sachs Equity Income Fund (GSGRX) at 2.81%. This indicates that JIEMX's price experiences larger fluctuations and is considered to be riskier than GSGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIEMX | GSGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 2.81% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 7.91% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 10.42% | +27.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 16.11% | +6.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 17.13% | +4.39% |
JIEMX vs. GSGRX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is lower than GSGRX's 1.20% expense ratio.
Dividends
JIEMX vs. GSGRX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than GSGRX's 8.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSGRX Goldman Sachs Equity Income Fund | 8.42% | 9.72% | 18.35% | 4.70% | 4.42% | 8.01% | 1.52% | 5.56% | 2.67% | 1.69% | 1.79% | 1.90% |
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 GSGRX have a correlation of 0.75, 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 GSGRX (2.81%). In terms of maximum drawdown, JIEMX dropped -62.26% vs GSGRX's -54.44%.
GSGRX currently has the higher Sharpe Ratio (2.41 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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