JILGX vs. VTMFX

Last updated Jun 23, 2026

JILGX (John Hancock Funds II Multimanager Lifestyle Growth Portfolio) and VTMFX (Vanguard Tax-Managed Balanced Fund Admiral Shares) are both Diversified Portfolio funds. Over the past 10 years, JILGX returned 8.73%/yr vs 8.63%/yr for VTMFX. Their correlation of 0.93 suggests significant overlap in exposure. JILGX charges 0.17%/yr vs 0.05%/yr for VTMFX.

Performance

JILGX vs. VTMFX - 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 Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JILGX achieves a 11.68% return, which is significantly higher than VTMFX's 5.44% return. Both investments have delivered pretty close results over the past 10 years, with JILGX having a 8.73% annualized return and VTMFX not far behind at 8.63%.

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%

VTMFX

• 1D: 0.57%
• 1M: 0.96%
• YTD: 5.44%
• 6M: 5.27%
• 1Y: 15.82%
• 3Y*: 11.93%
• 5Y*: 7.23%
• 10Y*: 8.63%

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

JILGX vs. VTMFX - 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%
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares	5.44%	11.28%	12.17%	15.55%	-12.69%	13.10%	13.31%	18.01%	-1.40%	12.61%

Correlation

The correlation between JILGX and VTMFX is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005	0.93

The correlation between JILGX and VTMFX shifts across timeframes, from 0.83 (3 years) to 0.93 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JILGX vs. VTMFX — 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

VTMFX

VTMFX Risk / Return Rank: 76
VTMFX Sharpe Ratio Rank: 81
VTMFX Sortino Ratio Rank: 79
VTMFX Omega Ratio Rank: 79
VTMFX Calmar Ratio Rank: 64
VTMFX Martin Ratio Rank: 79

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. VTMFX - 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 Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). 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	VTMFX	Difference
Sharpe ratio: Return per unit of total volatility	0.78	2.45	-1.67
Sortino ratio: Return per unit of downside risk	1.00	3.45	-2.45
Omega ratio: Gain probability vs. loss probability	1.19	1.47	-0.28
Calmar ratio: Return relative to maximum drawdown	0.92	2.93	-2.02
Martin ratio: Return relative to average drawdown	2.39	13.72	-11.33

JILGX vs. VTMFX - Sharpe Ratio Comparison

The current JILGX Sharpe Ratio is 0.78, which is lower than the VTMFX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of JILGX and VTMFX, 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. VTMFX - Drawdown Comparison

The maximum JILGX drawdown since its inception was -50.66%, which is greater than VTMFX's maximum drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for JILGX and VTMFX.

Drawdown Indicators

	JILGX	VTMFX	Difference
Max Drawdown Largest peak-to-trough decline	-50.66%	-28.49%	-22.17%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-5.38%	-8.63%
Max Drawdown (3Y) Largest decline over 3 years	-14.34%	-10.61%	-3.73%
Max Drawdown (5Y) Largest decline over 5 years	-25.25%	-17.40%	-7.85%
Max Drawdown (10Y) Largest decline over 10 years	-29.58%	-21.87%	-7.71%
Current Drawdown Current decline from peak	-0.49%	-0.56%	+0.07%
Average Drawdown Average peak-to-trough decline	-6.98%	-3.54%	-3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	1.15%	+3.94%

Volatility

JILGX vs. VTMFX - Volatility Comparison

John Hancock Funds II Multimanager Lifestyle Growth Portfolio (JILGX) has a higher volatility of 5.09% compared to Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) at 2.50%. This indicates that JILGX's price experiences larger fluctuations and is considered to be riskier than VTMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JILGX	VTMFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	2.50%	+2.59%
Volatility (6M) Calculated over the trailing 6-month period	14.81%	5.21%	+9.60%
Volatility (1Y) Calculated over the trailing 1-year period	16.42%	6.45%	+9.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	8.57%	+6.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.51%	9.15%	+5.36%

JILGX vs. VTMFX - Expense Ratio Comparison

JILGX has a 0.17% expense ratio, which is higher than VTMFX's 0.05% 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

JILGX vs. VTMFX - Dividend Comparison

JILGX's dividend yield for the trailing twelve months is around 2.13%, which matches VTMFX's 2.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares	2.12%	2.14%	2.08%	1.94%	1.85%	1.38%	1.72%	2.05%	2.22%	2.00%	2.13%	2.06%

Frequently Asked Questions

Can I hold both JILGX and VTMFX in my portfolio?

JILGX and VTMFX have a correlation of 0.85, 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 VTMFX?

JILGX has higher volatility (5.09%) compared to VTMFX (2.50%). In terms of maximum drawdown, JILGX dropped -50.66% vs VTMFX's -28.49%.

Which has better risk-adjusted returns?

VTMFX currently has the higher Sharpe Ratio (2.45 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.