JIJSX vs. JIEHX

Last updated Jun 6, 2026

JIJSX (JPMorgan SmartRetirement Blend Income Fund) and JIEHX (John Hancock Funds Multi-Index 2060 Lifetime Portfolio) are both Target Retirement Date funds. Over the past 5 years, JIJSX returned 7.24%/yr vs 9.86%/yr for JIEHX. Their correlation of 0.92 suggests significant overlap in exposure. JIJSX charges 0.27%/yr vs 0.01%/yr for JIEHX.

Performance

JIJSX vs. JIEHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan SmartRetirement Blend Income Fund (JIJSX) and John Hancock Funds Multi-Index 2060 Lifetime Portfolio (JIEHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIJSX achieves a 5.63% return, which is significantly lower than JIEHX's 12.46% return.

JIJSX

• 1D: 0.24%
• 1M: 0.72%
• YTD: 5.63%
• 6M: 5.90%
• 1Y: 14.69%
• 3Y*: 11.06%
• 5Y*: 7.24%
• 10Y*: 7.08%

JIEHX

• 1D: 0.34%
• 1M: 2.22%
• YTD: 12.46%
• 6M: 12.88%
• 1Y: 28.54%
• 3Y*: 19.75%
• 5Y*: 9.86%
• 10Y*: —

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

JIJSX vs. JIEHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JIJSX JPMorgan SmartRetirement Blend Income Fund	5.63%	12.88%	4.76%	15.15%	-13.91%	19.04%	9.40%	13.80%	-4.08%	10.03%
JIEHX John Hancock Funds Multi-Index 2060 Lifetime Portfolio	12.46%	20.12%	15.37%	18.47%	-18.03%	18.48%	16.08%	25.00%	-8.22%	16.82%

Correlation

The correlation between JIJSX and JIEHX is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.92

The correlation between JIJSX and JIEHX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

JIJSX vs. JIEHX — Risk / Return Rank

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

JIJSX

JIJSX Risk / Return Rank: 70
JIJSX Sharpe Ratio Rank: 71
JIJSX Sortino Ratio Rank: 73
JIJSX Omega Ratio Rank: 73
JIJSX Calmar Ratio Rank: 62
JIJSX Martin Ratio Rank: 70

JIEHX

JIEHX Risk / Return Rank: 68
JIEHX Sharpe Ratio Rank: 69
JIEHX Sortino Ratio Rank: 64
JIEHX Omega Ratio Rank: 63
JIEHX Calmar Ratio Rank: 69
JIEHX Martin Ratio Rank: 76

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.

JIJSX vs. JIEHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan SmartRetirement Blend Income Fund (JIJSX) and John Hancock Funds Multi-Index 2060 Lifetime Portfolio (JIEHX). 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.

	JIJSX	JIEHX	Difference
Sharpe ratio: Return per unit of total volatility	2.38	2.35	+0.03
Sortino ratio: Return per unit of downside risk	3.48	3.25	+0.22
Omega ratio: Gain probability vs. loss probability	1.46	1.43	+0.03
Calmar ratio: Return relative to maximum drawdown	2.92	3.10	-0.17
Martin ratio: Return relative to average drawdown	12.97	13.75	-0.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JIJSX vs. JIEHX - Sharpe Ratio Comparison

The current JIJSX Sharpe Ratio is 2.38, which is comparable to the JIEHX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of JIJSX and JIEHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JIJSX	JIEHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.38	2.35	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.65	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.70	+0.13

Drawdowns

JIJSX vs. JIEHX - Drawdown Comparison

The maximum JIJSX drawdown since its inception was -18.13%, smaller than the maximum JIEHX drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for JIJSX and JIEHX.

Drawdown Indicators

	JIJSX	JIEHX	Difference
Max Drawdown Largest peak-to-trough decline	-18.13%	-32.55%	+14.42%
Max Drawdown (1Y) Largest decline over 1 year	-4.96%	-9.18%	+4.22%
Max Drawdown (3Y) Largest decline over 3 years	-6.64%	-16.15%	+9.51%
Max Drawdown (5Y) Largest decline over 5 years	-18.13%	-25.70%	+7.57%
Max Drawdown (10Y) Largest decline over 10 years	-18.13%	—	—
Current Drawdown Current decline from peak	-0.14%	-0.38%	+0.24%
Average Drawdown Average peak-to-trough decline	-2.70%	-4.99%	+2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	2.06%	-0.94%

Volatility

JIJSX vs. JIEHX - Volatility Comparison

The current volatility for JPMorgan SmartRetirement Blend Income Fund (JIJSX) is 2.17%, while John Hancock Funds Multi-Index 2060 Lifetime Portfolio (JIEHX) has a volatility of 3.51%. This indicates that JIJSX experiences smaller price fluctuations and is considered to be less risky than JIEHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIJSX	JIEHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.17%	3.51%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	4.99%	9.63%	-4.64%
Volatility (1Y) Calculated over the trailing 1-year period	6.10%	12.10%	-6.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.54%	15.23%	-5.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.17%	16.44%	-8.27%

JIJSX vs. JIEHX - Expense Ratio Comparison

JIJSX has a 0.27% expense ratio, which is higher than JIEHX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JIJSX vs. JIEHX - Dividend Comparison

JIJSX's dividend yield for the trailing twelve months is around 2.97%, less than JIEHX's 3.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JIEHX John Hancock Funds Multi-Index 2060 Lifetime Portfolio	3.15%	3.55%	1.76%	2.17%	6.57%	5.15%	3.18%	6.88%	6.99%	1.76%	0.00%	0.00%
JIJSX JPMorgan SmartRetirement Blend Income Fund	2.97%	3.14%	3.15%	2.91%	2.49%	15.84%	4.15%	2.66%	5.63%	1.99%	2.20%	2.07%

Frequently Asked Questions

Can I hold both JIJSX and JIEHX in my portfolio?

With a correlation of 0.95, JIJSX and JIEHX 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, JIJSX or JIEHX?

JIEHX has higher volatility (3.51%) compared to JIJSX (2.17%). In terms of maximum drawdown, JIJSX dropped -18.13% vs JIEHX's -32.55%.

Which has better risk-adjusted returns?

JIJSX currently has the higher Sharpe Ratio (2.38 vs 2.35), 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.