JIEMX vs. HFCVX
JIEMX (John Hancock Funds II Equity Income Fund) and HFCVX (Hennessy Cornerstone Value Fund) are both mutual funds - JIEMX is a Dividend fund managed by John Hancock, while HFCVX is a Large Cap Value Equities fund managed by Hennessy. Over the past 10 years, JIEMX returned 5.25%/yr vs 11.10%/yr for HFCVX. Their correlation of 0.91 means they have usually moved in the same direction. JIEMX charges 0.76%/yr vs 1.23%/yr for HFCVX.
Performance
JIEMX vs. HFCVX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with JIEMX having a 17.10% return and HFCVX slightly lower at 16.57%. Over the past 10 years, JIEMX has underperformed HFCVX with an annualized return of 5.25%, while HFCVX has yielded a comparatively higher 11.10% 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%
HFCVX
- 1D
- -0.38%
- 1M
- 3.72%
- 6M
- 10.05%
- YTD
- 16.57%
- 1Y
- 27.30%
- 3Y*
- 15.19%
- 5Y*
- 12.98%
- 10Y*
- 11.10%
- ALL TIME*
- 7.80%
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. HFCVX - 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% |
HFCVX Hennessy Cornerstone Value Fund | 16.57% | 18.27% | 9.59% | 5.81% | 6.12% | 29.94% | -6.39% | 20.84% | -9.50% | 19.21% |
Correlation
The correlation between JIEMX and HFCVX is 0.56, 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. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
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 | 0.91 |
Over the past year, the correlation between JIEMX and HFCVX has dropped to 0.56 - well below their long-term average of 0.91, 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. HFCVX — Risk / Return Rank
JIEMX
HFCVX
JIEMX vs. HFCVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and Hennessy Cornerstone Value Fund (HFCVX). 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 | HFCVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.21 | ||
| Sortino ratioReturn per unit of downside risk | -4.20 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.46 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 6.79 | -7.35 |
| Martin ratioReturn relative to average drawdown | -0.82 | 19.09 | -19.91 |
Loading charts...
Drawdowns
JIEMX vs. HFCVX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, smaller than the maximum HFCVX drawdown of -65.75%. Use the drawdown chart below to compare losses from any high point for JIEMX and HFCVX.
Loading charts...
Drawdown Indicators
| JIEMX | HFCVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -65.75% | +3.49% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -3.77% | -32.51% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -11.32% | -24.96% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -16.81% | -19.47% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -39.39% | -0.37% |
Current DrawdownCurrent decline from peak | -24.43% | -0.54% | -23.89% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -8.20% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.34% | +22.60% |
Volatility
JIEMX vs. HFCVX - Volatility Comparison
The current volatility for John Hancock Funds II Equity Income Fund (JIEMX) is 2.99%, while Hennessy Cornerstone Value Fund (HFCVX) has a volatility of 3.15%. This indicates that JIEMX experiences smaller price fluctuations and is considered to be less risky than HFCVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JIEMX | HFCVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 3.15% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 7.43% | +0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 9.61% | +28.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 13.23% | +9.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 16.36% | +5.16% |
JIEMX vs. HFCVX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is lower than HFCVX's 1.23% expense ratio.
Dividends
JIEMX vs. HFCVX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than HFCVX's 6.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFCVX Hennessy Cornerstone Value Fund | 6.34% | 7.39% | 4.56% | 3.57% | 10.33% | 4.81% | 2.58% | 6.58% | 17.16% | 14.97% | 2.26% | 2.57% |
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 HFCVX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HFCVX has higher volatility (3.15%) compared to JIEMX (2.99%). In terms of maximum drawdown, JIEMX dropped -62.26% vs HFCVX's -65.75%.
HFCVX currently has the higher Sharpe Ratio (2.67 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 HFCVX
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