JIEMX vs. JVLIX
JIEMX (John Hancock Funds II Equity Income Fund) and JVLIX (John Hancock Funds Disciplined Value Fund) are both mutual funds - JIEMX is a Dividend fund managed by John Hancock, while JVLIX is a Large Cap Value Equities fund managed by John Hancock. Over the past 10 years, JIEMX returned 5.25%/yr vs 12.63%/yr for JVLIX. Their correlation of 0.94 means they have usually moved in the same direction. Both charge a 0.76% expense ratio.
Performance
JIEMX vs. JVLIX - 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 JVLIX slightly higher at 17.35%. Over the past 10 years, JIEMX has underperformed JVLIX with an annualized return of 5.25%, while JVLIX has yielded a comparatively higher 12.63% 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%
JVLIX
- 1D
- 1.04%
- 1M
- -0.45%
- 6M
- 11.62%
- YTD
- 17.35%
- 1Y
- 29.78%
- 3Y*
- 18.74%
- 5Y*
- 13.19%
- 10Y*
- 12.63%
- ALL TIME*
- 7.07%
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. JVLIX - 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% |
JVLIX John Hancock Funds Disciplined Value Fund | 17.35% | 17.48% | 15.59% | 13.91% | -4.45% | 29.92% | 1.59% | 22.70% | -9.75% | 17.97% |
Correlation
The correlation between JIEMX and JVLIX is 0.70, 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. | 0.70 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005 | 0.94 |
Over the past year, the correlation between JIEMX and JVLIX has dropped to 0.70 - well below their long-term average of 0.94, suggesting their price drivers have been diverging.
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Return for Risk
JIEMX vs. JVLIX — Risk / Return Rank
JIEMX
JVLIX
JIEMX vs. JVLIX - 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 Funds Disciplined Value Fund (JVLIX). 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 | JVLIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.60 | ||
| Sortino ratioReturn per unit of downside risk | -3.20 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.37 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 3.43 | -4.00 |
| Martin ratioReturn relative to average drawdown | -0.82 | 14.44 | -15.26 |
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Drawdowns
JIEMX vs. JVLIX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than JVLIX's maximum drawdown of -59.12%. Use the drawdown chart below to compare losses from any high point for JIEMX and JVLIX.
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Drawdown Indicators
| JIEMX | JVLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -59.12% | -3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -7.95% | -28.33% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -20.48% | -15.80% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -20.48% | -15.80% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -40.33% | +0.57% |
Current DrawdownCurrent decline from peak | -24.43% | -1.16% | -23.27% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -10.46% | -0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.89% | +22.05% |
Volatility
JIEMX vs. JVLIX - Volatility Comparison
The current volatility for John Hancock Funds II Equity Income Fund (JIEMX) is 2.99%, while John Hancock Funds Disciplined Value Fund (JVLIX) has a volatility of 3.22%. This indicates that JIEMX experiences smaller price fluctuations and is considered to be less risky than JVLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIEMX | JVLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 3.22% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 10.40% | -2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 13.23% | +25.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 17.32% | +5.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 18.87% | +2.65% |
JIEMX vs. JVLIX - Expense Ratio Comparison
Both JIEMX and JVLIX have an expense ratio of 0.76%.
Dividends
JIEMX vs. JVLIX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than JVLIX's 5.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JVLIX John Hancock Funds Disciplined Value Fund | 5.66% | 6.64% | 13.97% | 7.22% | 7.16% | 14.63% | 1.57% | 5.87% | 10.59% | 4.60% | 1.22% | 3.44% |
Frequently Asked Questions
JIEMX and JVLIX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JVLIX has higher volatility (3.22%) compared to JIEMX (2.99%). In terms of maximum drawdown, JIEMX dropped -62.26% vs JVLIX's -59.12%.
JVLIX currently has the higher Sharpe Ratio (2.06 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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