JRLLX vs. SSFNX
JRLLX (John Hancock Funds Multi-Index 2015 Lifetime Portfolio) and SSFNX (State Street Target Retirement Fund) are both Target Retirement Date funds. Over the past 10 years, JRLLX returned 5.83%/yr vs 5.67%/yr for SSFNX. Their 0.95 correlation means they have historically moved very closely together. JRLLX charges 0.17%/yr vs 0.10%/yr for SSFNX.
Performance
JRLLX vs. SSFNX - Performance Comparison
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Returns By Period
In the year-to-date period, JRLLX achieves a 4.81% return, which is significantly lower than SSFNX's 5.22% return. Both investments have delivered pretty close results over the past 10 years, with JRLLX having a 5.83% annualized return and SSFNX not far behind at 5.67%.
JRLLX
- 1D
- -0.09%
- 1M
- -0.26%
- 6M
- 3.03%
- YTD
- 4.81%
- 1Y
- 10.18%
- 3Y*
- 9.13%
- 5Y*
- 4.23%
- 10Y*
- 5.83%
- ALL TIME*
- 5.62%
SSFNX
- 1D
- 0.08%
- 1M
- 0.08%
- 6M
- 3.75%
- YTD
- 5.22%
- 1Y
- 10.32%
- 3Y*
- 9.09%
- 5Y*
- 4.13%
- 10Y*
- 5.67%
- ALL TIME*
- 5.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JRLLX vs. SSFNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JRLLX John Hancock Funds Multi-Index 2015 Lifetime Portfolio | 4.81% | 11.58% | 6.79% | 10.68% | -12.86% | 8.33% | 9.82% | 17.10% | -3.86% | 7.77% |
SSFNX State Street Target Retirement Fund | 5.22% | 10.93% | 7.05% | 10.73% | -12.21% | 6.87% | 10.26% | 13.97% | -2.49% | 8.92% |
Correlation
The correlation between JRLLX and SSFNX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.95 |
The correlation between JRLLX and SSFNX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.
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Return for Risk
JRLLX vs. SSFNX — Risk / Return Rank
JRLLX
SSFNX
JRLLX vs. SSFNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index 2015 Lifetime Portfolio (JRLLX) and State Street Target Retirement Fund (SSFNX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JRLLX | SSFNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.43 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.94 | -0.49 |
| Martin ratioReturn relative to average drawdown | 10.36 | 12.75 | -2.39 |
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Drawdowns
JRLLX vs. SSFNX - Drawdown Comparison
The maximum JRLLX drawdown since its inception was -21.29%, which is greater than SSFNX's maximum drawdown of -16.62%. Use the drawdown chart below to compare losses from any high point for JRLLX and SSFNX.
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Drawdown Indicators
| JRLLX | SSFNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.29% | -16.62% | -4.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.21% | -3.52% | -0.69% |
Max Drawdown (3Y)Largest decline over 3 years | -6.07% | -5.21% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | -16.62% | -1.90% |
Max Drawdown (10Y)Largest decline over 10 years | -21.29% | -16.62% | -4.67% |
Current DrawdownCurrent decline from peak | -0.69% | -0.34% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -2.90% | -2.49% | -0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.81% | +0.18% |
Volatility
JRLLX vs. SSFNX - Volatility Comparison
John Hancock Funds Multi-Index 2015 Lifetime Portfolio (JRLLX) has a higher volatility of 1.47% compared to State Street Target Retirement Fund (SSFNX) at 1.22%. This indicates that JRLLX's price experiences larger fluctuations and is considered to be riskier than SSFNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRLLX | SSFNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 1.22% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 4.71% | 3.97% | +0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.58% | 4.76% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.90% | 6.62% | +1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.59% | 6.56% | +2.03% |
JRLLX vs. SSFNX - Expense Ratio Comparison
JRLLX has a 0.17% expense ratio, which is higher than SSFNX's 0.10% 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%.
Dividends
JRLLX vs. SSFNX - Dividend Comparison
JRLLX's dividend yield for the trailing twelve months is around 3.72%, less than SSFNX's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRLLX John Hancock Funds Multi-Index 2015 Lifetime Portfolio | 3.72% | 3.90% | 3.46% | 3.22% | 5.01% | 6.68% | 6.00% | 6.84% | 7.78% | 3.20% | 3.78% | 2.17% |
SSFNX State Street Target Retirement Fund | 4.62% | 4.86% | 5.78% | 5.26% | 5.12% | 6.69% | 1.61% | 3.35% | 4.40% | 2.72% | 1.84% | 2.05% |
Frequently Asked Questions
With a correlation of 0.95, JRLLX and SSFNX 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.
JRLLX has higher volatility (1.47%) compared to SSFNX (1.22%). In terms of maximum drawdown, JRLLX dropped -21.29% vs SSFNX's -16.62%.
SSFNX currently has the higher Sharpe Ratio (2.18 vs 1.85), 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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