JLKUX vs. JLKOX
JLKUX (John Hancock Funds Multimanager 2055 Lifetime Portfolio) and JLKOX (John Hancock Funds Multimanager 2050 Lifetime Portfolio) are both Target Retirement Date funds from John Hancock. Over the past 10 years, JLKUX returned 10.80%/yr vs 10.73%/yr for JLKOX. With a 1.00 correlation, they move nearly in lockstep. Both charge a 0.05% expense ratio.
Performance
JLKUX vs. JLKOX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with JLKUX having a 12.61% return and JLKOX slightly higher at 12.66%. Both investments have delivered pretty close results over the past 10 years, with JLKUX having a 10.80% annualized return and JLKOX not far behind at 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
- 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 vs. JLKOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Correlation
The correlation between JLKUX and JLKOX 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 JLKUX and JLKOX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JLKUX vs. JLKOX — Risk / Return Rank
JLKUX
JLKOX
JLKUX vs. JLKOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multimanager 2055 Lifetime Portfolio (JLKUX) and John Hancock Funds Multimanager 2050 Lifetime Portfolio (JLKOX). 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.
| JLKUX | JLKOX | 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 | 1.33 | 1.32 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 2.29 | +0.22 |
| Martin ratioReturn relative to average drawdown | 9.79 | 8.55 | +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. | |||
Loading charts...
Sharpe Ratios by Period
| JLKUX | JLKOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.77 | 1.68 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.48 | +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 | 0.59 | 0.57 | +0.02 |
Drawdowns
JLKUX vs. JLKOX - Drawdown Comparison
The maximum JLKUX drawdown since its inception was -32.07%, roughly equal to the maximum JLKOX drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for JLKUX and JLKOX.
Loading charts...
Drawdown Indicators
| JLKUX | JLKOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.07% | -32.04% | -0.03% |
Max Drawdown (1Y)Largest decline over 1 year | -9.86% | -10.45% | +0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -16.88% | -16.96% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -28.12% | -28.08% | -0.04% |
Max Drawdown (10Y)Largest decline over 10 years | -32.07% | -32.04% | -0.03% |
Current DrawdownCurrent decline from peak | -0.73% | -0.71% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -5.22% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.64% | -0.25% |
Volatility
JLKUX vs. JLKOX - Volatility Comparison
John Hancock Funds Multimanager 2055 Lifetime Portfolio (JLKUX) and John Hancock Funds Multimanager 2050 Lifetime Portfolio (JLKOX) have volatilities of 3.96% and 3.99%, 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.
Loading charts...
Volatility by Period
| JLKUX | JLKOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 3.99% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 11.53% | 11.81% | -0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.01% | 14.24% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.21% | 16.26% | -0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.51% | 16.53% | -0.02% |
JLKUX vs. JLKOX - Expense Ratio Comparison
Both JLKUX and JLKOX 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
JLKUX vs. JLKOX - Dividend Comparison
JLKUX's dividend yield for the trailing twelve months is around 1.66%, less than JLKOX's 1.68% 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, JLKUX and JLKOX 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, JLKUX dropped -32.07% vs JLKOX's -32.04%.
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.
Find the right allocation for JLKUX and JLKOX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer