JIJIX vs. DGRO
Compare and contrast key facts about John Hancock International Dynamic Growth Fund (JIJIX) and iShares Core Dividend Growth ETF (DGRO).
JIJIX is managed by John Hancock. It was launched on May 2, 2019. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIJIX or DGRO.
Key characteristics
| JIJIX | DGRO | |
|---|---|---|
| YTD Return | 23.39% | 16.47% |
| 1Y Return | 34.22% | 23.34% |
| 3Y Return (Ann) | -0.73% | 8.98% |
| 5Y Return (Ann) | 12.53% | 12.27% |
| Sharpe Ratio | 1.86 | 2.27 |
| Daily Std Dev | 18.09% | 10.16% |
| Max Drawdown | -41.80% | -35.10% |
| Current Drawdown | -6.06% | -0.26% |
Correlation
The correlation between JIJIX and DGRO is 0.66, 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.
Performance
JIJIX vs. DGRO - Performance Comparison
In the year-to-date period, JIJIX achieves a 23.39% return, which is significantly higher than DGRO's 16.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JIJIX vs. DGRO - Expense Ratio Comparison
JIJIX has a 0.95% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
JIJIX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock International Dynamic Growth Fund (JIJIX) and iShares Core Dividend Growth ETF (DGRO). 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.
Dividends
JIJIX vs. DGRO - Dividend Comparison
JIJIX's dividend yield for the trailing twelve months is around 0.18%, less than DGRO's 2.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JIJIX John Hancock International Dynamic Growth Fund | 0.18% | 0.22% | 0.79% | 30.17% | 5.62% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.20% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
JIJIX vs. DGRO - Drawdown Comparison
The maximum JIJIX drawdown since its inception was -41.80%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for JIJIX and DGRO. For additional features, visit the drawdowns tool.
Volatility
JIJIX vs. DGRO - Volatility Comparison
John Hancock International Dynamic Growth Fund (JIJIX) has a higher volatility of 6.88% compared to iShares Core Dividend Growth ETF (DGRO) at 2.67%. This indicates that JIJIX's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.