PortfoliosLab logoPortfoliosLab logo
JIGDX vs. SAXIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JIGDX vs. SAXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Opportunistic Fixed Income Fund (JIGDX) and SA Global Fixed Income Fund (SAXIX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

JIGDX vs. SAXIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JIGDX
John Hancock Opportunistic Fixed Income Fund
-0.96%8.33%0.42%8.15%-10.84%-1.89%11.65%6.77%-1.71%8.54%
SAXIX
SA Global Fixed Income Fund
0.12%4.87%5.33%4.55%-6.79%-1.59%0.89%3.40%1.17%1.17%

Returns By Period

In the year-to-date period, JIGDX achieves a -0.96% return, which is significantly lower than SAXIX's 0.12% return. Over the past 10 years, JIGDX has outperformed SAXIX with an annualized return of 2.06%, while SAXIX has yielded a comparatively lower 1.19% annualized return.


JIGDX

1D
0.08%
1M
-2.39%
YTD
-0.96%
6M
-1.21%
1Y
4.02%
3Y*
3.76%
5Y*
0.94%
10Y*
2.06%

SAXIX

1D
0.23%
1M
-1.36%
YTD
0.12%
6M
0.60%
1Y
3.44%
3Y*
4.50%
5Y*
1.22%
10Y*
1.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


JIGDX vs. SAXIX - Expense Ratio Comparison

JIGDX has a 0.85% expense ratio, which is higher than SAXIX's 0.71% expense ratio.


Return for Risk

JIGDX vs. SAXIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JIGDX
JIGDX Risk / Return Rank: 7777
Overall Rank
JIGDX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
JIGDX Sortino Ratio Rank: 7070
Sortino Ratio Rank
JIGDX Omega Ratio Rank: 6969
Omega Ratio Rank
JIGDX Calmar Ratio Rank: 9090
Calmar Ratio Rank
JIGDX Martin Ratio Rank: 8181
Martin Ratio Rank

SAXIX
SAXIX Risk / Return Rank: 9090
Overall Rank
SAXIX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
SAXIX Sortino Ratio Rank: 9292
Sortino Ratio Rank
SAXIX Omega Ratio Rank: 8888
Omega Ratio Rank
SAXIX Calmar Ratio Rank: 9191
Calmar Ratio Rank
SAXIX Martin Ratio Rank: 8989
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JIGDX vs. SAXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Opportunistic Fixed Income Fund (JIGDX) and SA Global Fixed Income Fund (SAXIX). 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.


JIGDXSAXIXDifference

Sharpe ratio

Return per unit of total volatility

1.28

1.80

-0.52

Sortino ratio

Return per unit of downside risk

1.75

2.74

-0.99

Omega ratio

Gain probability vs. loss probability

1.26

1.38

-0.12

Calmar ratio

Return relative to maximum drawdown

2.57

2.69

-0.11

Martin ratio

Return relative to average drawdown

8.07

9.77

-1.70

JIGDX vs. SAXIX - Sharpe Ratio Comparison

The current JIGDX Sharpe Ratio is 1.28, which is comparable to the SAXIX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of JIGDX and SAXIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


JIGDXSAXIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.28

1.80

-0.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

0.46

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

0.58

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.64

-0.08

Correlation

The correlation between JIGDX and SAXIX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

JIGDX vs. SAXIX - Dividend Comparison

JIGDX's dividend yield for the trailing twelve months is around 2.64%, less than SAXIX's 4.84% yield.


TTM20252024202320222021202020192018201720162015
JIGDX
John Hancock Opportunistic Fixed Income Fund
2.64%3.38%2.32%0.40%5.52%1.24%5.15%3.58%1.36%0.00%0.37%0.02%
SAXIX
SA Global Fixed Income Fund
4.84%4.85%6.01%0.00%3.58%0.00%2.16%2.83%2.11%0.85%1.25%0.80%

Drawdowns

JIGDX vs. SAXIX - Drawdown Comparison

The maximum JIGDX drawdown since its inception was -20.55%, which is greater than SAXIX's maximum drawdown of -9.94%. Use the drawdown chart below to compare losses from any high point for JIGDX and SAXIX.


Loading graphics...

Drawdown Indicators


JIGDXSAXIXDifference

Max Drawdown

Largest peak-to-trough decline

-20.55%

-9.94%

-10.61%

Max Drawdown (1Y)

Largest decline over 1 year

-2.65%

-1.59%

-1.06%

Max Drawdown (5Y)

Largest decline over 5 years

-19.23%

-9.94%

-9.29%

Max Drawdown (10Y)

Largest decline over 10 years

-19.23%

-9.94%

-9.29%

Current Drawdown

Current decline from peak

-2.55%

-1.36%

-1.19%

Average Drawdown

Average peak-to-trough decline

-4.33%

-1.92%

-2.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.85%

0.44%

+0.41%

Volatility

JIGDX vs. SAXIX - Volatility Comparison

John Hancock Opportunistic Fixed Income Fund (JIGDX) has a higher volatility of 1.25% compared to SA Global Fixed Income Fund (SAXIX) at 0.84%. This indicates that JIGDX's price experiences larger fluctuations and is considered to be riskier than SAXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


JIGDXSAXIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.25%

0.84%

+0.41%

Volatility (6M)

Calculated over the trailing 6-month period

2.60%

1.30%

+1.30%

Volatility (1Y)

Calculated over the trailing 1-year period

4.37%

2.36%

+2.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.99%

2.70%

+2.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.00%

2.07%

+2.93%