JLGSX vs. JVMIX

Last updated Jun 24, 2026

JLGSX (John Hancock Funds Multi-Index Lifestyle Growth Portfolio) and JVMIX (John Hancock Funds Disciplined Value Mid Cap Fund Class I) are both mutual funds - JLGSX is a Diversified Portfolio fund managed by John Hancock, while JVMIX is a Mid Cap Value Equities fund managed by John Hancock. Over the past 10 years, JLGSX returned 10.10%/yr vs 10.99%/yr for JVMIX. Their correlation of 0.88 suggests significant overlap in exposure. JLGSX charges 0.32%/yr vs 0.87%/yr for JVMIX.

Performance

JLGSX vs. JVMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Multi-Index Lifestyle Growth Portfolio (JLGSX) and John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JLGSX achieves a 10.88% return, which is significantly higher than JVMIX's 9.21% return. Over the past 10 years, JLGSX has underperformed JVMIX with an annualized return of 10.10%, while JVMIX has yielded a comparatively higher 10.99% annualized return.

JLGSX

• 1D: 0.00%
• 1M: 1.67%
• YTD: 10.88%
• 6M: 10.22%
• 1Y: 23.27%
• 3Y*: 16.32%
• 5Y*: 8.12%
• 10Y*: 10.10%

JVMIX

• 1D: 0.33%
• 1M: 2.81%
• YTD: 9.21%
• 6M: 7.80%
• 1Y: 16.52%
• 3Y*: 14.87%
• 5Y*: 9.16%
• 10Y*: 10.99%

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

JLGSX vs. JVMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JLGSX John Hancock Funds Multi-Index Lifestyle Growth Portfolio	10.88%	17.24%	11.87%	15.31%	-16.18%	15.60%	13.52%	22.94%	-7.32%	14.92%
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I	9.21%	11.28%	10.46%	16.64%	-7.09%	26.85%	5.90%	30.13%	-14.90%	15.10%

Correlation

The correlation between JLGSX and JVMIX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Dec 31, 2013	0.88

The correlation between JLGSX and JVMIX shifts across timeframes, from 0.75 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JLGSX vs. JVMIX — Risk / Return Rank

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

JLGSX

JLGSX Risk / Return Rank: 70
JLGSX Sharpe Ratio Rank: 69
JLGSX Sortino Ratio Rank: 65
JLGSX Omega Ratio Rank: 67
JLGSX Calmar Ratio Rank: 73
JLGSX Martin Ratio Rank: 77

JVMIX

JVMIX Risk / Return Rank: 28
JVMIX Sharpe Ratio Rank: 26
JVMIX Sortino Ratio Rank: 28
JVMIX Omega Ratio Rank: 24
JVMIX Calmar Ratio Rank: 33
JVMIX Martin Ratio Rank: 30

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.

JLGSX vs. JVMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index Lifestyle Growth Portfolio (JLGSX) 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.

	JLGSX	JVMIX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	1.35	+0.89
Sortino ratio: Return per unit of downside risk	3.08	2.03	+1.04
Omega ratio: Gain probability vs. loss probability	1.41	1.24	+0.18
Calmar ratio: Return relative to maximum drawdown	3.16	2.04	+1.13
Martin ratio: Return relative to average drawdown	13.54	6.54	+7.00

JLGSX vs. JVMIX - Sharpe Ratio Comparison

The current JLGSX Sharpe Ratio is 2.23, which is higher than the JVMIX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of JLGSX and JVMIX, 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

JLGSX vs. JVMIX - Drawdown Comparison

The maximum JLGSX drawdown since its inception was -30.00%, smaller than the maximum JVMIX drawdown of -67.04%. Use the drawdown chart below to compare losses from any high point for JLGSX and JVMIX.

Drawdown Indicators

	JLGSX	JVMIX	Difference
Max Drawdown Largest peak-to-trough decline	-30.00%	-67.04%	+37.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.65%	-8.57%	+0.92%
Max Drawdown (3Y) Largest decline over 3 years	-13.39%	-21.13%	+7.74%
Max Drawdown (5Y) Largest decline over 5 years	-23.39%	-21.13%	-2.26%
Max Drawdown (10Y) Largest decline over 10 years	-30.00%	-42.64%	+12.64%
Current Drawdown Current decline from peak	-0.32%	-0.96%	+0.64%
Average Drawdown Average peak-to-trough decline	-4.11%	-13.34%	+9.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	2.67%	-0.89%

Volatility

JLGSX vs. JVMIX - Volatility Comparison

John Hancock Funds Multi-Index Lifestyle Growth Portfolio (JLGSX) has a higher volatility of 4.28% compared to John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) at 3.46%. This indicates that JLGSX's price experiences larger fluctuations and is considered to be riskier than JVMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JLGSX	JVMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	3.46%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	8.93%	9.32%	-0.39%
Volatility (1Y) Calculated over the trailing 1-year period	10.87%	12.99%	-2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.22%	18.35%	-5.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.14%	20.33%	-6.19%

JLGSX vs. JVMIX - Expense Ratio Comparison

JLGSX has a 0.32% expense ratio, which is lower than JVMIX's 0.87% expense ratio.

Dividends

JLGSX vs. JVMIX - Dividend Comparison

JLGSX's dividend yield for the trailing twelve months is around 3.77%, less than JVMIX's 8.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JLGSX John Hancock Funds Multi-Index Lifestyle Growth Portfolio	3.77%	4.18%	1.99%	2.21%	12.77%	6.53%	3.74%	8.28%	9.99%	2.85%	2.96%	1.82%
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I	8.46%	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

Can I hold both JLGSX and JVMIX in my portfolio?

JLGSX and JVMIX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JLGSX or JVMIX?

JLGSX has higher volatility (4.28%) compared to JVMIX (3.46%). In terms of maximum drawdown, JLGSX dropped -30.00% vs JVMIX's -67.04%.

Which has better risk-adjusted returns?

JLGSX currently has the higher Sharpe Ratio (2.23 vs 1.35), 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.