JLKOX vs. JVMIX
JLKOX (John Hancock Funds Multimanager 2050 Lifetime Portfolio) and JVMIX (John Hancock Funds Disciplined Value Mid Cap Fund Class I) are both mutual funds - JLKOX 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, JLKOX returned 10.70%/yr vs 10.42%/yr for JVMIX. Their correlation of 0.87 suggests significant overlap in exposure. JLKOX charges 0.05%/yr vs 0.87%/yr for JVMIX.
Performance
JLKOX vs. JVMIX - Performance Comparison
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Returns By Period
In the year-to-date period, JLKOX achieves a 13.03% return, which is significantly higher than JVMIX's 8.34% return. Both investments have delivered pretty close results over the past 10 years, with JLKOX having a 10.70% annualized return and JVMIX not far behind at 10.42%.
JLKOX
- 1D
- 0.32%
- 1M
- 2.18%
- YTD
- 13.03%
- 6M
- 7.78%
- 1Y
- 21.07%
- 3Y*
- 17.26%
- 5Y*
- 7.65%
- 10Y*
- 10.70%
JVMIX
- 1D
- 0.88%
- 1M
- 0.88%
- YTD
- 8.34%
- 6M
- 6.91%
- 1Y
- 17.85%
- 3Y*
- 15.33%
- 5Y*
- 8.21%
- 10Y*
- 10.42%
JLKOX vs. JVMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLKOX John Hancock Funds Multimanager 2050 Lifetime Portfolio | 13.03% | 12.30% | 15.50% | 18.67% | -19.67% | 15.80% | 20.38% | 24.75% | -8.96% | 18.37% |
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I | 8.34% | 11.28% | 10.46% | 16.64% | -7.09% | 26.85% | 5.90% | 30.13% | -14.90% | 15.10% |
Correlation
The correlation between JLKOX and JVMIX is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2011 | 0.87 |
Over the past year, the correlation between JLKOX and JVMIX has dropped to 0.60 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
JLKOX vs. JVMIX — Risk / Return Rank
JLKOX
JVMIX
JLKOX vs. JVMIX - 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 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.
| JLKOX | JVMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 2.09 | +0.21 |
| Martin ratioReturn relative to average drawdown | 8.56 | 6.72 | +1.84 |
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 | JVMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.40 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.45 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.51 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.31 | +0.27 |
Drawdowns
JLKOX vs. JVMIX - Drawdown Comparison
The maximum JLKOX drawdown since its inception was -32.04%, smaller than the maximum JVMIX drawdown of -67.04%. Use the drawdown chart below to compare losses from any high point for JLKOX and JVMIX.
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Drawdown Indicators
| JLKOX | JVMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.04% | -67.04% | +35.00% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -8.57% | -1.88% |
Max Drawdown (3Y)Largest decline over 3 years | -16.96% | -21.13% | +4.17% |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | -21.13% | -6.95% |
Max Drawdown (10Y)Largest decline over 10 years | -32.04% | -42.64% | +10.60% |
Current DrawdownCurrent decline from peak | -0.39% | -0.33% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -5.21% | -13.36% | +8.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 2.66% | -0.02% |
Volatility
JLKOX vs. JVMIX - Volatility Comparison
John Hancock Funds Multimanager 2050 Lifetime Portfolio (JLKOX) has a higher volatility of 3.90% compared to John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) at 3.10%. This indicates that JLKOX'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.
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Volatility by Period
| JLKOX | JVMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 3.10% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 11.78% | 9.20% | +2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.25% | 12.77% | +1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 18.39% | -2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.52% | 20.31% | -3.79% |
JLKOX vs. JVMIX - Expense Ratio Comparison
JLKOX has a 0.05% expense ratio, which is lower than JVMIX's 0.87% expense ratio.
Dividends
JLKOX vs. JVMIX - Dividend Comparison
JLKOX's dividend yield for the trailing twelve months is around 1.67%, less than JVMIX's 8.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLKOX John Hancock Funds Multimanager 2050 Lifetime Portfolio | 1.67% | 1.89% | 3.22% | 3.22% | 18.51% | 9.85% | 4.79% | 9.55% | 12.92% | 4.02% | 6.43% | 5.53% |
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I | 8.53% | 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
JLKOX and JVMIX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JLKOX has higher volatility (3.90%) compared to JVMIX (3.10%). In terms of maximum drawdown, JLKOX dropped -32.04% vs JVMIX's -67.04%.
JLKOX currently has the higher Sharpe Ratio (1.69 vs 1.40), 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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