JLFAX vs. JVMIX
JLFAX (John Hancock Funds II Multimanager 2030 Lifetime Portfolio) and JVMIX (John Hancock Funds Disciplined Value Mid Cap Fund Class I) are both mutual funds - JLFAX is a Target Retirement Date fund managed by John Hancock, while JVMIX is a Mid Cap Value Equities fund managed by John Hancock. Over the past 10 years, JLFAX returned 8.08%/yr vs 10.75%/yr for JVMIX. Their correlation of 0.89 means they have usually moved in the same direction. JLFAX charges 0.42%/yr vs 0.87%/yr for JVMIX.
Performance
JLFAX vs. JVMIX - Performance Comparison
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Returns By Period
In the year-to-date period, JLFAX achieves a 6.97% return, which is significantly lower than JVMIX's 14.20% return. Over the past 10 years, JLFAX has underperformed JVMIX with an annualized return of 8.08%, while JVMIX has yielded a comparatively higher 10.75% annualized return.
JLFAX
- 1D
- 1.19%
- 1M
- -0.81%
- 6M
- 4.34%
- YTD
- 6.97%
- 1Y
- 14.83%
- 3Y*
- 11.38%
- 5Y*
- 5.05%
- 10Y*
- 8.08%
- ALL TIME*
- 6.17%
JVMIX
- 1D
- -0.70%
- 1M
- 2.05%
- 6M
- 9.53%
- YTD
- 14.20%
- 1Y
- 19.00%
- 3Y*
- 13.89%
- 5Y*
- 10.01%
- 10Y*
- 10.75%
- ALL TIME*
- 6.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JLFAX vs. JVMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLFAX John Hancock Funds II Multimanager 2030 Lifetime Portfolio | 6.97% | 14.71% | 9.45% | 14.13% | -18.52% | 12.48% | 17.06% | 21.26% | -7.64% | 15.11% |
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I | 14.20% | 11.28% | 10.46% | 16.64% | -7.09% | 26.85% | 5.90% | 30.13% | -14.90% | 15.10% |
Correlation
The correlation between JLFAX and JVMIX is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2006 | 0.89 |
Over the past year, the correlation between JLFAX and JVMIX has dropped to 0.66 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
JLFAX vs. JVMIX — Risk / Return Rank
JLFAX
JVMIX
JLFAX vs. JVMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Multimanager 2030 Lifetime Portfolio (JLFAX) and John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX). 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.
| JLFAX | JVMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.24 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 2.03 | +0.06 |
| Martin ratioReturn relative to average drawdown | 8.72 | 6.54 | +2.18 |
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Drawdowns
JLFAX vs. JVMIX - Drawdown Comparison
The maximum JLFAX drawdown since its inception was -56.08%, smaller than the maximum JVMIX drawdown of -67.04%. Use the drawdown chart below to compare losses from any high point for JLFAX and JVMIX.
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Drawdown Indicators
| JLFAX | JVMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.08% | -67.04% | +10.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.65% | -8.57% | +1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -10.75% | -21.13% | +10.38% |
Max Drawdown (5Y)Largest decline over 5 years | -25.62% | -21.13% | -4.49% |
Max Drawdown (10Y)Largest decline over 10 years | -26.92% | -42.64% | +15.72% |
Current DrawdownCurrent decline from peak | -1.60% | -1.60% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -8.30% | -13.30% | +5.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 2.65% | -1.06% |
Volatility
JLFAX vs. JVMIX - Volatility Comparison
The current volatility for John Hancock Funds II Multimanager 2030 Lifetime Portfolio (JLFAX) is 2.66%, while John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) has a volatility of 3.46%. This indicates that JLFAX experiences smaller price fluctuations and is considered to be less risky than JVMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JLFAX | JVMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 3.46% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 7.88% | 9.10% | -1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.29% | 12.98% | -3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.34% | 18.22% | -6.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.21% | 20.22% | -8.01% |
JLFAX vs. JVMIX - Expense Ratio Comparison
JLFAX has a 0.42% expense ratio, which is lower than JVMIX's 0.87% expense ratio.
Dividends
JLFAX vs. JVMIX - Dividend Comparison
JLFAX's dividend yield for the trailing twelve months is around 7.88%, less than JVMIX's 8.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLFAX John Hancock Funds II Multimanager 2030 Lifetime Portfolio | 7.88% | 8.42% | 2.62% | 2.78% | 17.43% | 9.16% | 5.75% | 10.32% | 12.22% | 6.66% | 6.77% | 6.39% |
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I | 8.09% | 9.24% | 12.05% | 4.02% | 5.27% | 6.67% | 1.13% | 2.40% | 13.85% | 5.94% | 1.91% | 5.88% |
Frequently Asked Questions
JLFAX and JVMIX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JVMIX has higher volatility (3.46%) compared to JLFAX (2.66%). In terms of maximum drawdown, JLFAX dropped -56.08% vs JVMIX's -67.04%.
JLFAX currently has the higher Sharpe Ratio (1.50 vs 1.34), 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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