JIEMX vs. SVBAX
JIEMX (John Hancock Funds II Equity Income Fund) and SVBAX (John Hancock Balanced Fund) are both mutual funds - JIEMX is a Dividend fund managed by John Hancock, while SVBAX is a Diversified Portfolio fund managed by John Hancock. Over the past 10 years, JIEMX returned 5.25%/yr vs 9.70%/yr for SVBAX. Their correlation of 0.82 means they have usually moved in the same direction. JIEMX charges 0.76%/yr vs 1.03%/yr for SVBAX.
Performance
JIEMX vs. SVBAX - 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 SVBAX's 9.73% return. Over the past 10 years, JIEMX has underperformed SVBAX with an annualized return of 5.25%, while SVBAX has yielded a comparatively higher 9.70% 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%
SVBAX
- 1D
- 1.78%
- 1M
- -0.37%
- 6M
- 7.75%
- YTD
- 9.73%
- 1Y
- 19.32%
- 3Y*
- 14.79%
- 5Y*
- 8.31%
- 10Y*
- 9.70%
- ALL TIME*
- 7.86%
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. SVBAX - 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% |
SVBAX John Hancock Balanced Fund | 9.73% | 15.69% | 13.31% | 18.22% | -15.79% | 14.49% | 15.97% | 21.28% | -5.02% | 13.40% |
Correlation
The correlation between JIEMX and SVBAX is 0.55, 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. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005 | 0.82 |
Over the past year, the correlation between JIEMX and SVBAX has dropped to 0.55 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.
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Return for Risk
JIEMX vs. SVBAX — Risk / Return Rank
JIEMX
SVBAX
JIEMX vs. SVBAX - 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 Balanced Fund (SVBAX). 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 | SVBAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.36 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 3.23 | -3.80 |
| Martin ratioReturn relative to average drawdown | -0.82 | 14.71 | -15.53 |
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Drawdowns
JIEMX vs. SVBAX - Drawdown Comparison
The maximum JIEMX drawdown since its inception was -62.26%, which is greater than SVBAX's maximum drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for JIEMX and SVBAX.
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Drawdown Indicators
| JIEMX | SVBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -40.81% | -21.45% |
Max Drawdown (1Y)Largest decline over 1 year | -36.28% | -5.57% | -30.71% |
Max Drawdown (3Y)Largest decline over 3 years | -36.28% | -12.06% | -24.22% |
Max Drawdown (5Y)Largest decline over 5 years | -36.28% | -20.53% | -15.75% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -21.00% | -18.76% |
Current DrawdownCurrent decline from peak | -24.43% | -1.05% | -23.38% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -5.22% | -5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.94% | 1.22% | +22.72% |
Volatility
JIEMX vs. SVBAX - Volatility Comparison
John Hancock Funds II Equity Income Fund (JIEMX) has a higher volatility of 2.99% compared to John Hancock Balanced Fund (SVBAX) at 2.82%. This indicates that JIEMX's price experiences larger fluctuations and is considered to be riskier than SVBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIEMX | SVBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 2.82% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 7.40% | +0.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 9.09% | +29.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 10.92% | +12.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 10.81% | +10.71% |
JIEMX vs. SVBAX - Expense Ratio Comparison
JIEMX has a 0.76% expense ratio, which is lower than SVBAX's 1.03% expense ratio.
Dividends
JIEMX vs. SVBAX - Dividend Comparison
JIEMX's dividend yield for the trailing twelve months is around 0.52%, less than SVBAX's 11.42% 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% |
SVBAX John Hancock Balanced Fund | 11.42% | 12.45% | 3.72% | 1.48% | 1.60% | 2.73% | 1.60% | 2.19% | 8.06% | 3.51% | 1.70% | 4.57% |
Frequently Asked Questions
JIEMX and SVBAX have a correlation of 0.55, 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 SVBAX (2.82%). In terms of maximum drawdown, JIEMX dropped -62.26% vs SVBAX's -40.81%.
SVBAX currently has the higher Sharpe Ratio (1.98 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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