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JILGX vs. JAAAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JILGX vs. JAAAX - 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 John Hancock Funds Alternative Asset Allocation Fund (JAAAX). The values are adjusted to include any dividend payments, if applicable.

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JILGX vs. JAAAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JILGX
John Hancock Funds II Multimanager Lifestyle Growth Portfolio
-3.50%4.24%11.94%16.22%-17.44%14.29%17.61%22.27%-8.28%15.94%
JAAAX
John Hancock Funds Alternative Asset Allocation Fund
2.10%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, JILGX achieves a -3.50% return, which is significantly lower than JAAAX's 2.10% return. Over the past 10 years, JILGX has outperformed JAAAX with an annualized return of 7.34%, while JAAAX has yielded a comparatively lower 4.00% annualized return.


JILGX

1D
-0.36%
1M
-8.43%
YTD
-3.50%
6M
-11.25%
1Y
1.32%
3Y*
7.41%
5Y*
3.24%
10Y*
7.34%

JAAAX

1D
-0.06%
1M
-2.02%
YTD
2.10%
6M
3.22%
1Y
7.80%
3Y*
6.27%
5Y*
4.12%
10Y*
4.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JILGX vs. JAAAX - Expense Ratio Comparison

JILGX has a 0.17% expense ratio, which is lower than JAAAX's 0.72% expense ratio.


Return for Risk

JILGX vs. JAAAX — Risk / Return Rank

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

JILGX
JILGX Risk / Return Rank: 55
Overall Rank
JILGX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
JILGX Sortino Ratio Rank: 55
Sortino Ratio Rank
JILGX Omega Ratio Rank: 66
Omega Ratio Rank
JILGX Calmar Ratio Rank: 44
Calmar Ratio Rank
JILGX Martin Ratio Rank: 44
Martin Ratio Rank

JAAAX
JAAAX Risk / Return Rank: 8383
Overall Rank
JAAAX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
JAAAX Sortino Ratio Rank: 8686
Sortino Ratio Rank
JAAAX Omega Ratio Rank: 8888
Omega Ratio Rank
JAAAX Calmar Ratio Rank: 7373
Calmar Ratio Rank
JAAAX Martin Ratio Rank: 8383
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.

JILGX vs. JAAAX - 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 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.


JILGXJAAAXDifference

Sharpe ratio

Return per unit of total volatility

0.02

1.68

-1.66

Sortino ratio

Return per unit of downside risk

0.15

2.25

-2.10

Omega ratio

Gain probability vs. loss probability

1.03

1.37

-0.35

Calmar ratio

Return relative to maximum drawdown

-0.20

1.67

-1.87

Martin ratio

Return relative to average drawdown

-0.51

8.43

-8.94

JILGX vs. JAAAX - Sharpe Ratio Comparison

The current JILGX Sharpe Ratio is 0.02, which is lower than the JAAAX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of JILGX 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


JILGXJAAAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.02

1.68

-1.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.98

-0.75

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.52

0.92

-0.40

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.84

-0.42

Correlation

The correlation between JILGX and JAAAX is 0.86, 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

JILGX vs. JAAAX - Dividend Comparison

JILGX's dividend yield for the trailing twelve months is around 2.47%, more than JAAAX's 1.50% yield.


TTM20252024202320222021202020192018201720162015
JILGX
John Hancock Funds II Multimanager Lifestyle Growth Portfolio
2.47%2.38%2.94%6.20%14.58%10.72%6.35%12.46%11.94%6.15%7.98%8.76%
JAAAX
John Hancock Funds Alternative Asset Allocation Fund
1.50%1.53%1.17%1.71%3.02%1.72%0.74%3.38%1.99%1.23%0.77%2.78%

Drawdowns

JILGX vs. JAAAX - Drawdown Comparison

The maximum JILGX drawdown since its inception was -50.66%, which is greater than JAAAX's maximum drawdown of -15.72%. Use the drawdown chart below to compare losses from any high point for JILGX and JAAAX.


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Drawdown Indicators


JILGXJAAAXDifference

Max Drawdown

Largest peak-to-trough decline

-50.66%

-15.72%

-34.94%

Max Drawdown (1Y)

Largest decline over 1 year

-14.01%

-4.43%

-9.58%

Max Drawdown (5Y)

Largest decline over 5 years

-25.25%

-6.28%

-18.97%

Max Drawdown (10Y)

Largest decline over 10 years

-29.58%

-12.64%

-16.94%

Current Drawdown

Current decline from peak

-14.01%

-2.02%

-11.99%

Average Drawdown

Average peak-to-trough decline

-7.01%

-2.06%

-4.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.48%

0.88%

+4.60%

Volatility

JILGX vs. JAAAX - Volatility Comparison

John Hancock Funds II Multimanager Lifestyle Growth Portfolio (JILGX) has a higher volatility of 4.75% compared to John Hancock Funds Alternative Asset Allocation Fund (JAAAX) at 1.04%. This indicates that JILGX'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


JILGXJAAAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.75%

1.04%

+3.71%

Volatility (6M)

Calculated over the trailing 6-month period

13.61%

2.72%

+10.89%

Volatility (1Y)

Calculated over the trailing 1-year period

18.80%

4.72%

+14.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.36%

4.21%

+10.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.37%

4.37%

+10.00%