JRHOX vs. DGRO
Compare and contrast key facts about John Hancock Funds Multi-Index 2030 Preservation Portfolio (JRHOX) and iShares Core Dividend Growth ETF (DGRO).
JRHOX is managed by John Hancock. It was launched on Apr 29, 2010. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JRHOX or DGRO.
Key characteristics
| JRHOX | DGRO |
|---|
Correlation
The correlation between JRHOX and DGRO is 0.82, 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.
Performance
JRHOX vs. DGRO - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JRHOX vs. DGRO - Expense Ratio Comparison
JRHOX has a 0.17% expense ratio, which is higher than DGRO's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JRHOX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index 2030 Preservation Portfolio (JRHOX) and iShares Core Dividend Growth ETF (DGRO). 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.
Dividends
JRHOX vs. DGRO - Dividend Comparison
JRHOX has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 2.20%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRHOX John Hancock Funds Multi-Index 2030 Preservation Portfolio | 0.00% | 1.19% | 18.80% | 9.88% | 5.86% | 8.35% | 12.08% | 7.39% | 4.24% | 3.52% | 2.39% | 1.91% |
DGRO iShares Core Dividend Growth ETF | 2.20% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
Drawdowns
JRHOX vs. DGRO - Drawdown Comparison
Volatility
JRHOX vs. DGRO - Volatility Comparison
The current volatility for John Hancock Funds Multi-Index 2030 Preservation Portfolio (JRHOX) is 0.00%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 2.67%. This indicates that JRHOX experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.