JLCSX vs. SVBAX
JLCSX (John Hancock Funds Multi-Index Lifestyle Conservative Portfolio) and SVBAX (John Hancock Balanced Fund) are both Diversified Portfolio funds from John Hancock. Over the past 10 years, JLCSX returned 4.36%/yr vs 10.28%/yr for SVBAX. A 0.80 correlation means they provide meaningful diversification when combined. JLCSX charges 0.51%/yr vs 1.03%/yr for SVBAX.
Performance
JLCSX vs. SVBAX - Performance Comparison
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Returns By Period
In the year-to-date period, JLCSX achieves a 3.36% return, which is significantly lower than SVBAX's 10.21% return. Over the past 10 years, JLCSX has underperformed SVBAX with an annualized return of 4.36%, while SVBAX has yielded a comparatively higher 10.28% annualized return.
JLCSX
- 1D
- -0.18%
- 1M
- 0.92%
- YTD
- 3.36%
- 6M
- 3.31%
- 1Y
- 9.22%
- 3Y*
- 8.19%
- 5Y*
- 3.32%
- 10Y*
- 4.36%
SVBAX
- 1D
- -0.28%
- 1M
- 1.93%
- YTD
- 10.21%
- 6M
- 9.76%
- 1Y
- 22.72%
- 3Y*
- 16.22%
- 5Y*
- 8.92%
- 10Y*
- 10.28%
JLCSX vs. SVBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLCSX John Hancock Funds Multi-Index Lifestyle Conservative Portfolio | 3.36% | 9.74% | 5.71% | 9.80% | -12.01% | 3.06% | 9.06% | 12.76% | -2.56% | 5.40% |
SVBAX John Hancock Balanced Fund | 10.21% | 15.69% | 13.31% | 18.22% | -15.79% | 14.49% | 15.97% | 21.28% | -5.02% | 13.40% |
Correlation
The correlation between JLCSX and SVBAX is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2013 | 0.80 |
The correlation between JLCSX and SVBAX has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.
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Return for Risk
JLCSX vs. SVBAX — Risk / Return Rank
JLCSX
SVBAX
JLCSX vs. SVBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index Lifestyle Conservative Portfolio (JLCSX) 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.
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.
| JLCSX | SVBAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.50 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 4.19 | -1.56 |
| Martin ratioReturn relative to average drawdown | 11.65 | 20.09 | -8.44 |
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Drawdowns
JLCSX vs. SVBAX - Drawdown Comparison
The maximum JLCSX drawdown since its inception was -16.93%, smaller than the maximum SVBAX drawdown of -40.81%. Use the drawdown chart below to compare losses from any high point for JLCSX and SVBAX.
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Drawdown Indicators
| JLCSX | SVBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.93% | -40.81% | +23.88% |
Max Drawdown (1Y)Largest decline over 1 year | -3.67% | -5.57% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -5.28% | -12.06% | +6.78% |
Max Drawdown (5Y)Largest decline over 5 years | -16.93% | -20.53% | +3.60% |
Max Drawdown (10Y)Largest decline over 10 years | -16.93% | -21.00% | +4.07% |
Current DrawdownCurrent decline from peak | -0.27% | -0.34% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -2.51% | -5.23% | +2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 1.16% | -0.33% |
Volatility
JLCSX vs. SVBAX - Volatility Comparison
The current volatility for John Hancock Funds Multi-Index Lifestyle Conservative Portfolio (JLCSX) is 1.78%, while John Hancock Balanced Fund (SVBAX) has a volatility of 3.39%. This indicates that JLCSX 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
| JLCSX | SVBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 3.39% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 3.69% | 7.03% | -3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.39% | 8.71% | -4.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.33% | 10.86% | -4.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.25% | 10.83% | -4.58% |
JLCSX vs. SVBAX - Expense Ratio Comparison
JLCSX has a 0.51% expense ratio, which is lower than SVBAX's 1.03% expense ratio.
Dividends
JLCSX vs. SVBAX - Dividend Comparison
JLCSX's dividend yield for the trailing twelve months is around 3.55%, less than SVBAX's 10.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLCSX John Hancock Funds Multi-Index Lifestyle Conservative Portfolio | 3.55% | 3.76% | 3.58% | 3.45% | 4.79% | 5.09% | 3.53% | 4.00% | 4.32% | 2.02% | 3.13% | 2.29% |
SVBAX John Hancock Balanced Fund | 10.92% | 12.45% | 3.72% | 1.48% | 1.60% | 2.73% | 1.60% | 2.19% | 8.06% | 3.51% | 1.70% | 4.57% |
Frequently Asked Questions
JLCSX and SVBAX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SVBAX has higher volatility (3.39%) compared to JLCSX (1.78%). In terms of maximum drawdown, JLCSX dropped -16.93% vs SVBAX's -40.81%.
SVBAX currently has the higher Sharpe Ratio (2.68 vs 2.21), 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.
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