JILGX vs. ACV

Last updated Jun 23, 2026

JILGX (John Hancock Funds II Multimanager Lifestyle Growth Portfolio) and ACV (Virtus Diversified Income & Convertible Fund) are both Diversified Portfolio funds. Over the past 10 years, JILGX returned 8.73%/yr vs 17.27%/yr for ACV. A 0.61 correlation means they provide meaningful diversification when combined. JILGX charges 0.17%/yr vs 2.69%/yr for ACV.

Performance

JILGX vs. ACV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds II Multimanager Lifestyle Growth Portfolio (JILGX) and Virtus Diversified Income & Convertible Fund (ACV). 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 JILGX having a 11.68% return and ACV slightly lower at 11.20%. Over the past 10 years, JILGX has underperformed ACV with an annualized return of 8.73%, while ACV has yielded a comparatively higher 17.27% annualized return.

JILGX

• 1D: 1.20%
• 1M: 2.37%
• YTD: 11.68%
• 6M: 0.12%
• 1Y: 11.41%
• 3Y*: 11.42%
• 5Y*: 5.49%
• 10Y*: 8.73%

ACV

• 1D: -0.41%
• 1M: 3.97%
• YTD: 11.20%
• 6M: 12.73%
• 1Y: 41.20%
• 3Y*: 25.56%
• 5Y*: 9.82%
• 10Y*: 17.27%

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

JILGX vs. ACV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JILGX John Hancock Funds II Multimanager Lifestyle Growth Portfolio	11.68%	4.24%	11.94%	16.22%	-17.44%	14.29%	17.61%	22.27%	-8.28%	15.94%
ACV Virtus Diversified Income & Convertible Fund	11.20%	33.70%	15.39%	25.96%	-35.98%	24.45%	45.80%	44.15%	-7.01%	27.95%

Correlation

The correlation between JILGX and ACV is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since May 22, 2015	0.61

The correlation between JILGX and ACV has been stable across timeframes, ranging from 0.55 to 0.62 - a consistent structural relationship.

Return for Risk

JILGX vs. ACV — Risk / Return Rank

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

JILGX

JILGX Risk / Return Rank: 10
JILGX Sharpe Ratio Rank: 10
JILGX Sortino Ratio Rank: 8
JILGX Omega Ratio Rank: 15
JILGX Calmar Ratio Rank: 10
JILGX Martin Ratio Rank: 9

ACV

ACV Risk / Return Rank: 66
ACV Sharpe Ratio Rank: 79
ACV Sortino Ratio Rank: 64
ACV Omega Ratio Rank: 73
ACV Calmar Ratio Rank: 58
ACV Martin Ratio Rank: 56

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.

JILGX vs. ACV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Multimanager Lifestyle Growth Portfolio (JILGX) and Virtus Diversified Income & Convertible Fund (ACV). 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.

	JILGX	ACV	Difference
Sharpe ratio: Return per unit of total volatility	0.78	2.40	-1.62
Sortino ratio: Return per unit of downside risk	1.00	3.05	-2.05
Omega ratio: Gain probability vs. loss probability	1.19	1.43	-0.25
Calmar ratio: Return relative to maximum drawdown	0.92	2.79	-1.88
Martin ratio: Return relative to average drawdown	2.39	10.72	-8.33

JILGX vs. ACV - Sharpe Ratio Comparison

The current JILGX Sharpe Ratio is 0.78, which is lower than the ACV Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of JILGX and ACV, 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

JILGX vs. ACV - Drawdown Comparison

The maximum JILGX drawdown since its inception was -50.66%, smaller than the maximum ACV drawdown of -53.64%. Use the drawdown chart below to compare losses from any high point for JILGX and ACV.

Drawdown Indicators

	JILGX	ACV	Difference
Max Drawdown Largest peak-to-trough decline	-50.66%	-53.64%	+2.98%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-14.81%	+0.80%
Max Drawdown (3Y) Largest decline over 3 years	-14.34%	-23.46%	+9.12%
Max Drawdown (5Y) Largest decline over 5 years	-25.25%	-48.80%	+23.55%
Max Drawdown (10Y) Largest decline over 10 years	-29.58%	-53.64%	+24.06%
Current Drawdown Current decline from peak	-0.49%	-0.74%	+0.25%
Average Drawdown Average peak-to-trough decline	-6.98%	-14.81%	+7.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	3.85%	+1.24%

Volatility

JILGX vs. ACV - Volatility Comparison

The current volatility for John Hancock Funds II Multimanager Lifestyle Growth Portfolio (JILGX) is 5.09%, while Virtus Diversified Income & Convertible Fund (ACV) has a volatility of 7.32%. This indicates that JILGX experiences smaller price fluctuations and is considered to be less risky than ACV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JILGX	ACV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	7.32%	-2.23%
Volatility (6M) Calculated over the trailing 6-month period	14.81%	14.76%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	16.42%	17.28%	-0.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	23.64%	-9.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.51%	25.87%	-11.36%

JILGX vs. ACV - Expense Ratio Comparison

JILGX has a 0.17% expense ratio, which is lower than ACV's 2.69% expense ratio.

Dividends

JILGX vs. ACV - Dividend Comparison

JILGX's dividend yield for the trailing twelve months is around 2.13%, less than ACV's 9.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACV Virtus Diversified Income & Convertible Fund	9.06%	9.68%	9.84%	10.30%	12.69%	24.19%	7.28%	8.15%	10.76%	9.18%	10.67%	5.52%
JILGX John Hancock Funds II Multimanager Lifestyle Growth Portfolio	2.13%	2.38%	2.94%	6.20%	14.58%	10.72%	6.35%	12.46%	11.94%	6.15%	7.98%	8.76%

Frequently Asked Questions

Can I hold both JILGX and ACV in my portfolio?

JILGX and ACV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JILGX or ACV?

ACV has higher volatility (7.32%) compared to JILGX (5.09%). In terms of maximum drawdown, JILGX dropped -50.66% vs ACV's -53.64%.

Which has better risk-adjusted returns?

ACV currently has the higher Sharpe Ratio (2.40 vs 0.78), 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.