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JIGTX vs. JAAAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JIGTX vs. JAAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds International Growth Fund Class R6 (JIGTX) and John Hancock Funds Alternative Asset Allocation Fund (JAAAX). The values are adjusted to include any dividend payments, if applicable.

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JIGTX vs. JAAAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JIGTX
John Hancock Funds International Growth Fund Class R6
-5.45%29.93%10.83%13.06%-26.72%9.81%22.57%28.47%-11.94%36.84%
JAAAX
John Hancock Funds Alternative Asset Allocation Fund
2.52%6.18%6.59%5.85%-3.12%4.77%4.36%8.95%-4.09%6.10%

Returns By Period

In the year-to-date period, JIGTX achieves a -5.45% return, which is significantly lower than JAAAX's 2.52% return. Over the past 10 years, JIGTX has outperformed JAAAX with an annualized return of 8.69%, while JAAAX has yielded a comparatively lower 4.05% annualized return.


JIGTX

1D
-0.57%
1M
-12.78%
YTD
-5.45%
6M
-2.04%
1Y
17.07%
3Y*
12.80%
5Y*
3.66%
10Y*
8.69%

JAAAX

1D
0.41%
1M
-1.56%
YTD
2.52%
6M
3.59%
1Y
8.05%
3Y*
6.41%
5Y*
4.12%
10Y*
4.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JIGTX vs. JAAAX - Expense Ratio Comparison

JIGTX has a 0.89% expense ratio, which is higher than JAAAX's 0.72% expense ratio.


Return for Risk

JIGTX vs. JAAAX — Risk / Return Rank

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

JIGTX
JIGTX Risk / Return Rank: 4545
Overall Rank
JIGTX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
JIGTX Sortino Ratio Rank: 4545
Sortino Ratio Rank
JIGTX Omega Ratio Rank: 4343
Omega Ratio Rank
JIGTX Calmar Ratio Rank: 4242
Calmar Ratio Rank
JIGTX Martin Ratio Rank: 4646
Martin Ratio Rank

JAAAX
JAAAX Risk / Return Rank: 8585
Overall Rank
JAAAX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
JAAAX Sortino Ratio Rank: 8686
Sortino Ratio Rank
JAAAX Omega Ratio Rank: 8888
Omega Ratio Rank
JAAAX Calmar Ratio Rank: 7676
Calmar Ratio Rank
JAAAX Martin Ratio Rank: 8787
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.

JIGTX vs. JAAAX - 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 John Hancock Funds Alternative Asset Allocation Fund (JAAAX). 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.


JIGTXJAAAXDifference

Sharpe ratio

Return per unit of total volatility

0.92

1.75

-0.83

Sortino ratio

Return per unit of downside risk

1.33

2.35

-1.02

Omega ratio

Gain probability vs. loss probability

1.19

1.39

-0.20

Calmar ratio

Return relative to maximum drawdown

1.08

1.88

-0.80

Martin ratio

Return relative to average drawdown

4.67

9.41

-4.73

JIGTX vs. JAAAX - Sharpe Ratio Comparison

The current JIGTX Sharpe Ratio is 0.92, which is lower than the JAAAX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of JIGTX and JAAAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JIGTXJAAAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.92

1.75

-0.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.22

0.98

-0.76

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.52

0.93

-0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.84

-0.34

Correlation

The correlation between JIGTX and JAAAX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

JIGTX vs. JAAAX - Dividend Comparison

JIGTX's dividend yield for the trailing twelve months is around 0.17%, less than JAAAX's 1.49% yield.


TTM20252024202320222021202020192018201720162015
JIGTX
John Hancock Funds International Growth Fund Class R6
0.17%0.16%0.87%2.75%13.65%15.45%0.30%1.12%3.04%0.57%1.05%0.00%
JAAAX
John Hancock Funds Alternative Asset Allocation Fund
1.49%1.53%1.17%1.71%3.02%1.72%0.74%3.38%1.99%1.23%0.77%2.78%

Drawdowns

JIGTX vs. JAAAX - Drawdown Comparison

The maximum JIGTX drawdown since its inception was -38.16%, which is greater than JAAAX's maximum drawdown of -15.72%. Use the drawdown chart below to compare losses from any high point for JIGTX and JAAAX.


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Drawdown Indicators


JIGTXJAAAXDifference

Max Drawdown

Largest peak-to-trough decline

-38.16%

-15.72%

-22.44%

Max Drawdown (1Y)

Largest decline over 1 year

-13.70%

-4.43%

-9.27%

Max Drawdown (5Y)

Largest decline over 5 years

-38.16%

-6.28%

-31.88%

Max Drawdown (10Y)

Largest decline over 10 years

-38.16%

-12.64%

-25.52%

Current Drawdown

Current decline from peak

-13.70%

-1.61%

-12.09%

Average Drawdown

Average peak-to-trough decline

-9.11%

-2.06%

-7.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.17%

0.88%

+2.29%

Volatility

JIGTX vs. JAAAX - Volatility Comparison

John Hancock Funds International Growth Fund Class R6 (JIGTX) has a higher volatility of 8.07% compared to John Hancock Funds Alternative Asset Allocation Fund (JAAAX) at 1.16%. This indicates that JIGTX's price experiences larger fluctuations and is considered to be riskier than JAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JIGTXJAAAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.07%

1.16%

+6.91%

Volatility (6M)

Calculated over the trailing 6-month period

12.58%

2.74%

+9.84%

Volatility (1Y)

Calculated over the trailing 1-year period

17.73%

4.73%

+13.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.56%

4.22%

+12.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.80%

4.38%

+12.42%