JIEMX vs. JAKVX
JIEMX (John Hancock Funds II Equity Income Fund) and JAKVX (John Hancock Disciplined Value Global Long/Short Fund Class R6) are both mutual funds - JIEMX is a Dividend fund managed by John Hancock, while JAKVX is a Long-Short fund actively managed by John Hancock. Over the past year, JIEMX returned -17.92% vs 23.14% for JAKVX. Their 0.36 correlation means their historical movements had little consistent relationship. JIEMX charges 0.76%/yr vs 1.54%/yr for JAKVX.
Performance
JIEMX vs. JAKVX - Performance Comparison
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Returns By Period
In the year-to-date period, JIEMX achieves a 17.10% return, which is significantly higher than JAKVX's 12.74% 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%
JAKVX
- 1D
- 0.89%
- 1M
- 1.74%
- 6M
- 6.96%
- YTD
- 12.74%
- 1Y
- 23.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.96%
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. JAKVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JIEMX John Hancock Funds II Equity Income Fund | 17.10% | -26.38% |
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6 | 12.74% | 17.29% |
Correlation
The correlation between JIEMX and JAKVX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025 | 0.36 |
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Return for Risk
JIEMX vs. JAKVX — Risk / Return Rank
JIEMX
JAKVX
JIEMX vs. JAKVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Equity Income Fund (JIEMX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX). 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 | JAKVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.32 | ||
| Sortino ratioReturn per unit of downside risk | -4.29 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.54 | -0.68 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 4.27 | -4.83 |
| Martin ratioReturn relative to average drawdown | -0.82 | 12.85 | -13.67 |
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Drawdowns
JIEMX vs. JAKVX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than JAKVX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for JIEMX and JAKVX.
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Drawdown Indicators
| JIEMX | JAKVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -5.16% | -57.10% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -5.16% | -31.12% |
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% | -1.14% | -23.29% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -0.99% | -10.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.71% | +22.23% |
Volatility
JIEMX vs. JAKVX - Volatility Comparison
John Hancock Funds II Equity Income Fund (JIEMX) has a higher volatility of 2.99% compared to John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) at 1.85%. This indicates that JIEMX's price experiences larger fluctuations and is considered to be riskier than JAKVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIEMX | JAKVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 1.85% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 6.37% | +1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 7.92% | +30.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 7.48% | +15.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 7.48% | +14.04% |
JIEMX vs. JAKVX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is lower than JAKVX's 1.54% expense ratio.
Dividends
JIEMX vs. JAKVX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than JAKVX's 7.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6 | 7.52% | 8.47% | 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 JAKVX have a correlation of 0.43, 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 JAKVX (1.85%). In terms of maximum drawdown, JIEMX dropped -62.26% vs JAKVX's -5.16%.
JAKVX currently has the higher Sharpe Ratio (2.78 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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