JLKOX vs. JLKUX
JLKOX (John Hancock Funds Multimanager 2050 Lifetime Portfolio) and JLKUX (John Hancock Funds Multimanager 2055 Lifetime Portfolio) are both Target Retirement Date funds from John Hancock. Over the past 10 years, JLKOX returned 10.73%/yr vs 10.80%/yr for JLKUX. With a 1.00 correlation, they move nearly in lockstep. Both charge a 0.05% expense ratio.
Performance
JLKOX vs. JLKUX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with JLKOX having a 12.66% return and JLKUX slightly lower at 12.61%. Both investments have delivered pretty close results over the past 10 years, with JLKOX having a 10.73% annualized return and JLKUX not far ahead at 10.80%.
JLKOX
- 1D
- -0.71%
- 1M
- 3.92%
- YTD
- 12.66%
- 6M
- 7.43%
- 1Y
- 20.58%
- 3Y*
- 17.02%
- 5Y*
- 7.58%
- 10Y*
- 10.73%
JLKUX
- 1D
- -0.73%
- 1M
- 3.88%
- YTD
- 12.61%
- 6M
- 8.04%
- 1Y
- 21.26%
- 3Y*
- 17.27%
- 5Y*
- 7.71%
- 10Y*
- 10.80%
JLKOX vs. JLKUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLKOX John Hancock Funds Multimanager 2050 Lifetime Portfolio | 12.66% | 12.30% | 15.50% | 18.67% | -19.67% | 15.80% | 20.38% | 24.75% | -8.96% | 18.37% |
JLKUX John Hancock Funds Multimanager 2055 Lifetime Portfolio | 12.61% | 12.97% | 15.52% | 18.68% | -19.64% | 15.82% | 20.34% | 24.86% | -8.96% | 18.41% |
Correlation
The correlation between JLKOX and JLKUX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2014 | 1.00 |
The correlation between JLKOX and JLKUX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
JLKOX vs. JLKUX — Risk / Return Rank
JLKOX
JLKUX
JLKOX vs. JLKUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multimanager 2050 Lifetime Portfolio (JLKOX) and John Hancock Funds Multimanager 2055 Lifetime Portfolio (JLKUX). 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.
| JLKOX | JLKUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.33 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 2.51 | -0.22 |
| Martin ratioReturn relative to average drawdown | 8.55 | 9.79 | -1.24 |
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
| JLKOX | JLKUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 1.77 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.49 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.66 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.59 | -0.02 |
Drawdowns
JLKOX vs. JLKUX - Drawdown Comparison
The maximum JLKOX drawdown since its inception was -32.04%, roughly equal to the maximum JLKUX drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for JLKOX and JLKUX.
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Drawdown Indicators
| JLKOX | JLKUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.04% | -32.07% | +0.03% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -9.86% | -0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -16.96% | -16.88% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | -28.12% | +0.04% |
Max Drawdown (10Y)Largest decline over 10 years | -32.04% | -32.07% | +0.03% |
Current DrawdownCurrent decline from peak | -0.71% | -0.73% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -5.30% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 2.39% | +0.25% |
Volatility
JLKOX vs. JLKUX - Volatility Comparison
John Hancock Funds Multimanager 2050 Lifetime Portfolio (JLKOX) and John Hancock Funds Multimanager 2055 Lifetime Portfolio (JLKUX) have volatilities of 3.99% and 3.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JLKOX | JLKUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 3.96% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 11.81% | 11.53% | +0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 14.01% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 16.21% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.53% | 16.51% | +0.02% |
JLKOX vs. JLKUX - Expense Ratio Comparison
Both JLKOX and JLKUX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
JLKOX vs. JLKUX - Dividend Comparison
JLKOX's dividend yield for the trailing twelve months is around 1.68%, more than JLKUX's 1.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLKOX John Hancock Funds Multimanager 2050 Lifetime Portfolio | 1.68% | 1.89% | 3.22% | 3.22% | 18.51% | 9.85% | 4.79% | 9.55% | 12.92% | 4.02% | 6.43% | 5.53% |
JLKUX John Hancock Funds Multimanager 2055 Lifetime Portfolio | 1.66% | 1.87% | 3.23% | 3.28% | 15.00% | 9.92% | 4.36% | 8.74% | 11.46% | 3.34% | 4.83% | 2.95% |
Frequently Asked Questions
With a correlation of 1.00, JLKOX and JLKUX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JLKOX has higher volatility (3.99%) compared to JLKUX (3.96%). In terms of maximum drawdown, JLKOX dropped -32.04% vs JLKUX's -32.07%.
JLKUX currently has the higher Sharpe Ratio (1.77 vs 1.68), 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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