JIPIX vs. SVBAX
Compare and contrast key facts about John Hancock Funds Strategic Income Opportunities Fund (JIPIX) and John Hancock Balanced Fund (SVBAX).
JIPIX is managed by John Hancock. It was launched on Jan 3, 2010. SVBAX is managed by John Hancock. It was launched on Oct 4, 1992.
Performance
JIPIX vs. SVBAX - Performance Comparison
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JIPIX vs. SVBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JIPIX John Hancock Funds Strategic Income Opportunities Fund | -0.93% | 7.50% | 2.23% | 6.45% | -10.43% | 0.80% | 8.46% | 11.01% | -5.09% | 5.44% |
SVBAX John Hancock Balanced Fund | -2.58% | 15.69% | 13.31% | 18.22% | -15.79% | 14.49% | 15.97% | 21.28% | -5.02% | 13.40% |
Returns By Period
In the year-to-date period, JIPIX achieves a -0.93% return, which is significantly higher than SVBAX's -2.58% return. Over the past 10 years, JIPIX has underperformed SVBAX with an annualized return of 2.65%, while SVBAX has yielded a comparatively higher 8.91% annualized return.
JIPIX
- 1D
- 0.10%
- 1M
- -2.77%
- YTD
- -0.93%
- 6M
- 0.01%
- 1Y
- 5.22%
- 3Y*
- 3.94%
- 5Y*
- 0.98%
- 10Y*
- 2.65%
SVBAX
- 1D
- -0.24%
- 1M
- -5.47%
- YTD
- -2.58%
- 6M
- 1.01%
- 1Y
- 14.91%
- 3Y*
- 12.95%
- 5Y*
- 7.35%
- 10Y*
- 8.91%
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JIPIX vs. SVBAX - Expense Ratio Comparison
JIPIX has a 0.76% expense ratio, which is lower than SVBAX's 1.03% expense ratio.
Return for Risk
JIPIX vs. SVBAX — Risk / Return Rank
JIPIX
SVBAX
JIPIX vs. SVBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Strategic Income Opportunities Fund (JIPIX) and John Hancock Balanced Fund (SVBAX). 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.
| JIPIX | SVBAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.86 | 1.38 | +0.48 |
Sortino ratioReturn per unit of downside risk | 2.61 | 1.99 | +0.62 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.29 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 1.80 | +0.17 |
Martin ratioReturn relative to average drawdown | 8.29 | 8.90 | -0.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JIPIX | SVBAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 1.38 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.69 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.83 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.67 | +0.36 |
Correlation
The correlation between JIPIX and SVBAX is 0.54, 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.
Dividends
JIPIX vs. SVBAX - Dividend Comparison
JIPIX's dividend yield for the trailing twelve months is around 3.53%, less than SVBAX's 12.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIPIX John Hancock Funds Strategic Income Opportunities Fund | 3.53% | 3.73% | 2.59% | 2.23% | 3.77% | 2.87% | 2.03% | 2.72% | 3.71% | 3.14% | 2.54% | 6.91% |
SVBAX John Hancock Balanced Fund | 12.82% | 12.45% | 3.72% | 1.48% | 1.60% | 2.73% | 1.60% | 2.19% | 8.06% | 3.51% | 1.70% | 4.57% |
Drawdowns
JIPIX vs. SVBAX - Drawdown Comparison
The maximum JIPIX drawdown since its inception was -15.43%, smaller than the maximum SVBAX drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for JIPIX and SVBAX.
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Drawdown Indicators
| JIPIX | SVBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.43% | -40.81% | +25.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -7.73% | +4.86% |
Max Drawdown (5Y)Largest decline over 5 years | -15.43% | -20.53% | +5.10% |
Max Drawdown (10Y)Largest decline over 10 years | -15.43% | -21.00% | +5.57% |
Current DrawdownCurrent decline from peak | -2.77% | -5.57% | +2.80% |
Average DrawdownAverage peak-to-trough decline | -2.45% | -5.26% | +2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | 1.56% | -0.88% |
Volatility
JIPIX vs. SVBAX - Volatility Comparison
The current volatility for John Hancock Funds Strategic Income Opportunities Fund (JIPIX) is 1.36%, while John Hancock Balanced Fund (SVBAX) has a volatility of 3.23%. This indicates that JIPIX experiences smaller price fluctuations and is considered to be less risky than SVBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JIPIX | SVBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | 3.23% | -1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 1.94% | 6.04% | -4.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.06% | 11.07% | -8.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.10% | 10.70% | -6.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.11% | 10.74% | -6.63% |