JRLVX vs. FSXAX

Last updated Apr 1, 2026

Compare and contrast key facts about John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) and Fidelity Sustainable Target Date 2030 Fund (FSXAX).

JRLVX is managed by John Hancock. It was launched on Nov 6, 2013. FSXAX is an actively managed fund by Fidelity. It was launched on May 11, 2023.

Performance

JRLVX vs. FSXAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) and Fidelity Sustainable Target Date 2030 Fund (FSXAX). The values are adjusted to include any dividend payments, if applicable.

JRLVX vs. FSXAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio	-3.42%	19.25%	14.50%	12.66%
FSXAX Fidelity Sustainable Target Date 2030 Fund	-2.73%	16.00%	10.39%	9.40%

Returns By Period

In the year-to-date period, JRLVX achieves a -3.42% return, which is significantly lower than FSXAX's -2.73% return.

JRLVX

• 1D: -0.25%
• 1M: -8.07%
• YTD: -3.42%
• 6M: -0.73%
• 1Y: 16.15%
• 3Y*: 13.74%
• 5Y*: 7.47%
• 10Y*: 9.91%

FSXAX

• 1D: 0.00%
• 1M: -6.59%
• YTD: -2.73%
• 6M: -0.61%
• 1Y: 11.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JRLVX vs. FSXAX - Expense Ratio Comparison

JRLVX has a 0.01% expense ratio, which is lower than FSXAX's 0.46% expense ratio.

FSXAX

Fidelity Sustainable Target Date 2030 Fund

JRLVX

John Hancock Funds Multi-Index 2045 Lifetime Portfolio

Return for Risk

JRLVX vs. FSXAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JRLVX

JRLVX Risk / Return Rank: 59
JRLVX Sharpe Ratio Rank: 57
JRLVX Sortino Ratio Rank: 58
JRLVX Omega Ratio Rank: 59
JRLVX Calmar Ratio Rank: 53
JRLVX Martin Ratio Rank: 66

FSXAX

FSXAX Risk / Return Rank: 61
FSXAX Sharpe Ratio Rank: 60
FSXAX Sortino Ratio Rank: 61
FSXAX Omega Ratio Rank: 59
FSXAX Calmar Ratio Rank: 59
FSXAX Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JRLVX vs. FSXAX - 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 Sustainable Target Date 2030 Fund (FSXAX). 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	FSXAX	Difference
Sharpe ratio Return per unit of total volatility	1.07	1.11	-0.04
Sortino ratio Return per unit of downside risk	1.57	1.61	-0.04
Omega ratio Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio Return relative to maximum drawdown	1.30	1.41	-0.11
Martin ratio Return relative to average drawdown	6.28	6.23	+0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JRLVX vs. FSXAX - Sharpe Ratio Comparison

The current JRLVX Sharpe Ratio is 1.07, which is comparable to the FSXAX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of JRLVX and FSXAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JRLVX	FSXAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	1.11	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	1.21	-0.64

Correlation

The correlation between JRLVX and FSXAX is 0.94, 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. FSXAX - Dividend Comparison

JRLVX's dividend yield for the trailing twelve months is around 3.68%, more than FSXAX's 2.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio	3.68%	3.55%	1.89%	2.24%	8.03%	6.00%	4.26%	8.99%	10.96%	4.29%	3.40%	1.90%
FSXAX Fidelity Sustainable Target Date 2030 Fund	2.27%	2.21%	3.97%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JRLVX vs. FSXAX - Drawdown Comparison

The maximum JRLVX drawdown since its inception was -32.53%, which is greater than FSXAX's maximum drawdown of -10.04%. Use the drawdown chart below to compare losses from any high point for JRLVX and FSXAX.

Drawdown Indicators

	JRLVX	FSXAX	Difference
Max Drawdown Largest peak-to-trough decline	-32.53%	-10.04%	-22.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-7.93%	-3.30%
Max Drawdown (5Y) Largest decline over 5 years	-25.64%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.53%	—	—
Current Drawdown Current decline from peak	-8.50%	-6.87%	-1.63%
Average Drawdown Average peak-to-trough decline	-4.61%	-1.50%	-3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	1.79%	+0.54%

Volatility

JRLVX vs. FSXAX - Volatility Comparison

John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) has a higher volatility of 4.70% compared to Fidelity Sustainable Target Date 2030 Fund (FSXAX) at 3.98%. This indicates that JRLVX's price experiences larger fluctuations and is considered to be riskier than FSXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRLVX	FSXAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	3.98%	+0.72%
Volatility (6M) Calculated over the trailing 6-month period	8.47%	6.44%	+2.03%
Volatility (1Y) Calculated over the trailing 1-year period	15.32%	10.87%	+4.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.69%	9.57%	+5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.94%	9.57%	+6.37%