JLIAX vs. FNSHX
Compare and contrast key facts about John Hancock Funds II Multimanager 2040 Lifetime Portfolio (JLIAX) and Fidelity Freedom Income Fund Class K (FNSHX).
JLIAX is managed by John Hancock. It was launched on Oct 29, 2006. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
JLIAX vs. FNSHX - Performance Comparison
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JLIAX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLIAX John Hancock Funds II Multimanager 2040 Lifetime Portfolio | -1.16% | 17.06% | 12.87% | 16.80% | -19.86% | 14.83% | 19.46% | 23.96% | -9.08% | 4.33% |
FNSHX Fidelity Freedom Income Fund Class K | 0.63% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, JLIAX achieves a -1.16% return, which is significantly lower than FNSHX's 0.63% return.
JLIAX
- 1D
- 2.50%
- 1M
- -5.54%
- YTD
- -1.16%
- 6M
- 0.93%
- 1Y
- 16.14%
- 3Y*
- 12.95%
- 5Y*
- 5.69%
- 10Y*
- 9.25%
FNSHX
- 1D
- 0.18%
- 1M
- -1.28%
- YTD
- 0.63%
- 6M
- 1.71%
- 1Y
- 8.32%
- 3Y*
- 6.59%
- 5Y*
- 2.79%
- 10Y*
- —
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JLIAX vs. FNSHX - Expense Ratio Comparison
Both JLIAX and FNSHX have an expense ratio of 0.42%.
Return for Risk
JLIAX vs. FNSHX — Risk / Return Rank
JLIAX
FNSHX
JLIAX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds II Multimanager 2040 Lifetime Portfolio (JLIAX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.
| JLIAX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.74 | -0.58 |
Sortino ratioReturn per unit of downside risk | 1.67 | 2.43 | -0.75 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.35 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.59 | 2.37 | -0.78 |
Martin ratioReturn relative to average drawdown | 7.18 | 9.65 | -2.47 |
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
| JLIAX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.74 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.53 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.76 | -0.38 |
Correlation
The correlation between JLIAX and FNSHX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JLIAX vs. FNSHX - Dividend Comparison
JLIAX's dividend yield for the trailing twelve months is around 9.28%, more than FNSHX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLIAX John Hancock Funds II Multimanager 2040 Lifetime Portfolio | 9.28% | 9.18% | 2.86% | 2.82% | 22.31% | 9.18% | 5.58% | 11.19% | 13.74% | 6.10% | 6.95% | 6.25% |
FNSHX Fidelity Freedom Income Fund Class K | 3.25% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
JLIAX vs. FNSHX - Drawdown Comparison
The maximum JLIAX drawdown since its inception was -56.47%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for JLIAX and FNSHX.
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Drawdown Indicators
| JLIAX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.47% | -15.87% | -40.60% |
Max Drawdown (1Y)Largest decline over 1 year | -10.50% | -3.68% | -6.82% |
Max Drawdown (5Y)Largest decline over 5 years | -27.78% | -15.87% | -11.91% |
Max Drawdown (10Y)Largest decline over 10 years | -31.05% | — | — |
Current DrawdownCurrent decline from peak | -6.26% | -2.39% | -3.87% |
Average DrawdownAverage peak-to-trough decline | -8.87% | -3.09% | -5.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 0.90% | +1.42% |
Volatility
JLIAX vs. FNSHX - Volatility Comparison
John Hancock Funds II Multimanager 2040 Lifetime Portfolio (JLIAX) has a higher volatility of 5.50% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.36%. This indicates that JLIAX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JLIAX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 2.36% | +3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.64% | 3.30% | +5.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.41% | 4.89% | +9.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.01% | 5.26% | +8.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 4.81% | +10.30% |