JIIRX vs. AYBLX

Last updated Aug 1, 2026

JIIRX (John Hancock Funds Multi-Index Lifestyle Aggressive Portfolio) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, JIIRX returned 10.98%/yr vs 9.99%/yr for AYBLX. Their correlation of 0.93 means they have usually moved in the same direction. JIIRX charges 0.27%/yr vs 0.65%/yr for AYBLX.

Performance

JIIRX vs. AYBLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Multi-Index Lifestyle Aggressive Portfolio (JIIRX) and Pioneer Balanced ESG Fund (AYBLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JIIRX having a 12.11% return and AYBLX slightly lower at 12.02%. Over the past 10 years, JIIRX has outperformed AYBLX with an annualized return of 10.98%, while AYBLX has yielded a comparatively lower 9.99% annualized return.

JIIRX

• 1D: 1.85%
• 1M: -0.12%
• 6M: 8.33%
• YTD: 12.11%
• 1Y: 23.77%
• 3Y*: 16.03%
• 5Y*: 9.12%
• 10Y*: 10.98%
• ALL TIME*: 9.64%

AYBLX

• 1D: 0.92%
• 1M: -1.73%
• 6M: 9.12%
• YTD: 12.02%
• 1Y: 26.17%
• 3Y*: 15.47%
• 5Y*: 8.78%
• 10Y*: 9.99%
• ALL TIME*: 7.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AYBLX Pioneer Balanced ESG Fund	$0.00	$0.00	$0.00
JIIRX John Hancock Funds Multi-Index Lifestyle Aggressive Portfolio	$0.00	$0.00	$0.00

JIIRX vs. AYBLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JIIRX John Hancock Funds Multi-Index Lifestyle Aggressive Portfolio	12.11%	19.50%	13.62%	17.23%	-17.31%	19.30%	14.41%	25.90%	-8.97%	18.87%
AYBLX Pioneer Balanced ESG Fund	12.02%	19.80%	9.64%	15.41%	-14.39%	15.48%	12.92%	22.22%	-4.43%	15.19%

Correlation

The correlation between JIIRX and AYBLX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Dec 31, 2013	0.93

The correlation between JIIRX and AYBLX has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

Return for Risk

JIIRX vs. AYBLX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JIIRX

JIIRX Risk / Return Rank: 68
JIIRX Sharpe Ratio Rank: 65
JIIRX Sortino Ratio Rank: 62
JIIRX Omega Ratio Rank: 63
JIIRX Calmar Ratio Rank: 72
JIIRX Martin Ratio Rank: 80

AYBLX

AYBLX Risk / Return Rank: 92
AYBLX Sharpe Ratio Rank: 94
AYBLX Sortino Ratio Rank: 92
AYBLX Omega Ratio Rank: 87
AYBLX Calmar Ratio Rank: 94
AYBLX Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JIIRX vs. AYBLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index Lifestyle Aggressive Portfolio (JIIRX) and Pioneer Balanced ESG Fund (AYBLX). 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.

	JIIRX	AYBLX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	2.49	-0.86
Sortino ratio: Return per unit of downside risk	2.28	3.55	-1.27
Omega ratio: Gain probability vs. loss probability	1.30	1.44	-0.15
Calmar ratio: Return relative to maximum drawdown	2.43	3.93	-1.50
Martin ratio: Return relative to average drawdown	10.21	16.91	-6.70

JIIRX vs. AYBLX - Sharpe Ratio Comparison

The current JIIRX Sharpe Ratio is 1.63, which is lower than the AYBLX Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of JIIRX and AYBLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JIIRX vs. AYBLX - Drawdown Comparison

The maximum JIIRX drawdown since its inception was -34.72%, roughly equal to the maximum AYBLX drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for JIIRX and AYBLX.

Drawdown Indicators

	JIIRX	AYBLX	Difference
Max Drawdown Largest peak-to-trough decline	-34.72%	-36.28%	+1.56%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-6.41%	-2.50%
Max Drawdown (3Y) Largest decline over 3 years	-16.03%	-13.39%	-2.64%
Max Drawdown (5Y) Largest decline over 5 years	-25.23%	-20.26%	-4.97%
Max Drawdown (10Y) Largest decline over 10 years	-34.72%	-24.24%	-10.48%
Current Drawdown Current decline from peak	-1.33%	-2.40%	+1.07%
Average Drawdown Average peak-to-trough decline	-4.74%	-3.77%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	1.49%	+0.63%

Volatility

JIIRX vs. AYBLX - Volatility Comparison

John Hancock Funds Multi-Index Lifestyle Aggressive Portfolio (JIIRX) has a higher volatility of 3.63% compared to Pioneer Balanced ESG Fund (AYBLX) at 2.35%. This indicates that JIIRX's price experiences larger fluctuations and is considered to be riskier than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIIRX	AYBLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	2.35%	+1.28%
Volatility (6M) Calculated over the trailing 6-month period	10.95%	7.97%	+2.98%
Volatility (1Y) Calculated over the trailing 1-year period	13.29%	10.14%	+3.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	11.15%	+4.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	11.33%	+5.61%

JIIRX vs. AYBLX - Expense Ratio Comparison

JIIRX has a 0.27% expense ratio, which is lower than AYBLX's 0.65% expense ratio.

Dividends

JIIRX vs. AYBLX - Dividend Comparison

JIIRX's dividend yield for the trailing twelve months is around 4.45%, more than AYBLX's 3.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AYBLX Pioneer Balanced ESG Fund	3.30%	3.58%	2.59%	1.76%	3.23%	8.61%	4.12%	6.03%	9.97%	9.42%	2.63%	4.14%
JIIRX John Hancock Funds Multi-Index Lifestyle Aggressive Portfolio	4.45%	4.99%	1.81%	1.94%	13.64%	7.78%	3.40%	9.52%	12.29%	3.49%	3.16%	1.88%

Frequently Asked Questions

Can I hold both JIIRX and AYBLX in my portfolio?

With a correlation of 0.91, JIIRX and AYBLX 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.

Which is riskier, JIIRX or AYBLX?

JIIRX has higher volatility (3.63%) compared to AYBLX (2.35%). In terms of maximum drawdown, JIIRX dropped -34.72% vs AYBLX's -36.28%.

Which has better risk-adjusted returns?

AYBLX currently has the higher Sharpe Ratio (2.49 vs 1.63), 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.