JIGTX vs. ACWX
JIGTX (John Hancock Funds International Growth Fund Class R6) and ACWX (iShares MSCI ACWI ex U.S. ETF) are both Foreign Large Cap Equities funds. Over the past 10 years, JIGTX returned 10.01%/yr vs 9.38%/yr for ACWX. Their correlation of 0.92 suggests significant overlap in exposure. JIGTX charges 0.89%/yr vs 0.32%/yr for ACWX.
Performance
JIGTX vs. ACWX - Performance Comparison
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Returns By Period
In the year-to-date period, JIGTX achieves a 10.39% return, which is significantly lower than ACWX's 13.21% return. Over the past 10 years, JIGTX has outperformed ACWX with an annualized return of 10.01%, while ACWX has yielded a comparatively lower 9.38% annualized return.
JIGTX
- 1D
- -2.53%
- 1M
- -2.60%
- 6M
- 5.28%
- YTD
- 10.39%
- 1Y
- 20.01%
- 3Y*
- 16.81%
- 5Y*
- 5.45%
- 10Y*
- 10.01%
ACWX
- 1D
- 1.08%
- 1M
- -0.61%
- 6M
- 9.41%
- YTD
- 13.21%
- 1Y
- 26.87%
- 3Y*
- 17.47%
- 5Y*
- 8.68%
- 10Y*
- 9.38%
JIGTX vs. ACWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JIGTX John Hancock Funds International Growth Fund Class R6 | 10.39% | 29.93% | 10.83% | 13.06% | -26.72% | 9.81% | 22.57% | 28.47% | -11.94% | 36.84% |
ACWX iShares MSCI ACWI ex U.S. ETF | 13.21% | 32.59% | 5.17% | 15.63% | -16.07% | 7.67% | 10.29% | 21.05% | -13.99% | 27.20% |
Correlation
The correlation between JIGTX and ACWX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.92 |
The correlation between JIGTX and ACWX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
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Return for Risk
JIGTX vs. ACWX — Risk / Return Rank
JIGTX
ACWX
JIGTX vs. ACWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds International Growth Fund Class R6 (JIGTX) and iShares MSCI ACWI ex U.S. ETF (ACWX). 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.
| JIGTX | ACWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.29 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 2.36 | -0.90 |
| Martin ratioReturn relative to average drawdown | 5.71 | 8.85 | -3.13 |
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Drawdowns
JIGTX vs. ACWX - Drawdown Comparison
The maximum JIGTX drawdown since its inception was -38.16%, smaller than the maximum ACWX drawdown of -60.40%. Use the drawdown chart below to compare losses from any high point for JIGTX and ACWX.
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Drawdown Indicators
| JIGTX | ACWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.16% | -60.40% | +22.24% |
Max Drawdown (1Y)Largest decline over 1 year | -13.70% | -11.42% | -2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -13.70% | -13.84% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -38.16% | -29.78% | -8.38% |
Max Drawdown (10Y)Largest decline over 10 years | -38.16% | -35.38% | -2.78% |
Current DrawdownCurrent decline from peak | -5.99% | -2.88% | -3.11% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -13.27% | +4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 3.04% | +0.46% |
Volatility
JIGTX vs. ACWX - Volatility Comparison
John Hancock Funds International Growth Fund Class R6 (JIGTX) has a higher volatility of 9.02% compared to iShares MSCI ACWI ex U.S. ETF (ACWX) at 5.71%. This indicates that JIGTX's price experiences larger fluctuations and is considered to be riskier than ACWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIGTX | ACWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.02% | 5.71% | +3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 18.00% | 15.12% | +2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.02% | 17.01% | +3.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.52% | 16.58% | +0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 17.24% | -0.10% |
JIGTX vs. ACWX - Expense Ratio Comparison
JIGTX has a 0.89% expense ratio, which is higher than ACWX's 0.32% expense ratio.
Dividends
JIGTX vs. ACWX - Dividend Comparison
JIGTX's dividend yield for the trailing twelve months is around 0.15%, less than ACWX's 2.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWX iShares MSCI ACWI ex U.S. ETF | 2.53% | 2.82% | 2.97% | 2.96% | 2.68% | 2.74% | 1.88% | 3.22% | 2.60% | 2.40% | 2.77% | 2.51% |
JIGTX John Hancock Funds International Growth Fund Class R6 | 0.15% | 0.16% | 0.87% | 2.75% | 13.65% | 15.45% | 0.30% | 1.12% | 3.04% | 0.57% | 1.05% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, JIGTX and ACWX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JIGTX has higher volatility (9.02%) compared to ACWX (5.71%). In terms of maximum drawdown, JIGTX dropped -38.16% vs ACWX's -60.40%.
ACWX currently has the higher Sharpe Ratio (1.59 vs 1.00), 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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