JRLVX vs. FRAMX
Compare and contrast key facts about John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
JRLVX is managed by John Hancock. It was launched on Nov 6, 2013. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
JRLVX vs. FRAMX - Performance Comparison
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JRLVX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | -0.92% | 19.25% | 14.50% | 18.00% | -18.06% | 18.45% | 16.23% | 25.03% | -8.29% | 17.40% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.82% |
Returns By Period
In the year-to-date period, JRLVX achieves a -0.92% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, JRLVX has outperformed FRAMX with an annualized return of 10.19%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
JRLVX
- 1D
- 2.59%
- 1M
- -5.31%
- YTD
- -0.92%
- 6M
- 1.47%
- 1Y
- 18.74%
- 3Y*
- 14.72%
- 5Y*
- 7.76%
- 10Y*
- 10.19%
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
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JRLVX vs. FRAMX - Expense Ratio Comparison
JRLVX has a 0.01% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
JRLVX vs. FRAMX — Risk / Return Rank
JRLVX
FRAMX
JRLVX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| JRLVX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 1.64 | -0.40 |
Sortino ratioReturn per unit of downside risk | 1.80 | 2.30 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.72 | 2.22 | -0.50 |
Martin ratioReturn relative to average drawdown | 8.20 | 8.81 | -0.62 |
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
| JRLVX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 1.64 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.42 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.84 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.50 | +0.09 |
Correlation
The correlation between JRLVX and FRAMX is 0.78, 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.
Dividends
JRLVX vs. FRAMX - Dividend Comparison
JRLVX's dividend yield for the trailing twelve months is around 3.59%, more than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 3.59% | 3.55% | 1.89% | 2.24% | 8.03% | 6.00% | 4.26% | 8.99% | 10.96% | 4.29% | 3.40% | 1.90% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
JRLVX vs. FRAMX - Drawdown Comparison
The maximum JRLVX drawdown since its inception was -32.53%, roughly equal to the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for JRLVX and FRAMX.
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Drawdown Indicators
| JRLVX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.53% | -33.94% | +1.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.23% | -3.45% | -7.78% |
Max Drawdown (5Y)Largest decline over 5 years | -25.64% | -16.31% | -9.33% |
Max Drawdown (10Y)Largest decline over 10 years | -32.53% | -16.31% | -16.22% |
Current DrawdownCurrent decline from peak | -6.13% | -2.47% | -3.66% |
Average DrawdownAverage peak-to-trough decline | -4.61% | -3.86% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 0.87% | +1.49% |
Volatility
JRLVX vs. FRAMX - Volatility Comparison
John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) has a higher volatility of 5.56% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that JRLVX's price experiences larger fluctuations and is considered to be riskier than FRAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRLVX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 2.14% | +3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.84% | 2.95% | +5.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.49% | 4.64% | +10.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.74% | 5.22% | +9.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 4.48% | +11.48% |