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JRLVX vs. SWIRX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JRLVX vs. SWIRX - 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 Schwab Target 2035 Fund (SWIRX). The values are adjusted to include any dividend payments, if applicable.

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JRLVX vs. SWIRX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
SWIRX
Schwab Target 2035 Fund
-1.29%16.49%11.73%17.92%-17.91%14.21%14.05%21.85%-8.24%19.13%

Returns By Period

In the year-to-date period, JRLVX achieves a -0.92% return, which is significantly higher than SWIRX's -1.29% return. Over the past 10 years, JRLVX has outperformed SWIRX with an annualized return of 10.19%, while SWIRX has yielded a comparatively lower 8.68% 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%

SWIRX

1D
2.00%
1M
-4.77%
YTD
-1.29%
6M
0.69%
1Y
14.72%
3Y*
12.55%
5Y*
6.30%
10Y*
8.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JRLVX vs. SWIRX - Expense Ratio Comparison

JRLVX has a 0.01% expense ratio, which is higher than SWIRX's 0.00% 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%.


Return for Risk

JRLVX vs. SWIRX — Risk / Return Rank

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

JRLVX
JRLVX Risk / Return Rank: 6363
Overall Rank
JRLVX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
JRLVX Sortino Ratio Rank: 6262
Sortino Ratio Rank
JRLVX Omega Ratio Rank: 6262
Omega Ratio Rank
JRLVX Calmar Ratio Rank: 6161
Calmar Ratio Rank
JRLVX Martin Ratio Rank: 7272
Martin Ratio Rank

SWIRX
SWIRX Risk / Return Rank: 7272
Overall Rank
SWIRX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
SWIRX Sortino Ratio Rank: 7272
Sortino Ratio Rank
SWIRX Omega Ratio Rank: 6969
Omega Ratio Rank
SWIRX Calmar Ratio Rank: 7373
Calmar Ratio Rank
SWIRX Martin Ratio Rank: 7878
Martin Ratio Rank
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. SWIRX - 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 Schwab Target 2035 Fund (SWIRX). 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.


JRLVXSWIRXDifference

Sharpe ratio

Return per unit of total volatility

1.24

1.27

-0.03

Sortino ratio

Return per unit of downside risk

1.80

1.85

-0.04

Omega ratio

Gain probability vs. loss probability

1.27

1.27

0.00

Calmar ratio

Return relative to maximum drawdown

1.72

1.79

-0.07

Martin ratio

Return relative to average drawdown

8.20

7.97

+0.23

JRLVX vs. SWIRX - Sharpe Ratio Comparison

The current JRLVX Sharpe Ratio is 1.24, which is comparable to the SWIRX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of JRLVX and SWIRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JRLVXSWIRXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.24

1.27

-0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.47

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.65

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.52

+0.07

Correlation

The correlation between JRLVX and SWIRX is 0.98, 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. SWIRX - Dividend Comparison

JRLVX's dividend yield for the trailing twelve months is around 3.59%, less than SWIRX's 6.91% yield.


TTM20252024202320222021202020192018201720162015
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%
SWIRX
Schwab Target 2035 Fund
6.91%6.82%3.96%3.42%7.40%5.81%2.87%6.33%7.12%3.37%5.74%8.16%

Drawdowns

JRLVX vs. SWIRX - Drawdown Comparison

The maximum JRLVX drawdown since its inception was -32.53%, smaller than the maximum SWIRX drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for JRLVX and SWIRX.


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Drawdown Indicators


JRLVXSWIRXDifference

Max Drawdown

Largest peak-to-trough decline

-32.53%

-41.53%

+9.00%

Max Drawdown (1Y)

Largest decline over 1 year

-11.23%

-8.45%

-2.78%

Max Drawdown (5Y)

Largest decline over 5 years

-25.64%

-28.70%

+3.06%

Max Drawdown (10Y)

Largest decline over 10 years

-32.53%

-28.70%

-3.83%

Current Drawdown

Current decline from peak

-6.13%

-5.41%

-0.72%

Average Drawdown

Average peak-to-trough decline

-4.61%

-6.13%

+1.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.36%

1.90%

+0.46%

Volatility

JRLVX vs. SWIRX - Volatility Comparison

John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) has a higher volatility of 5.56% compared to Schwab Target 2035 Fund (SWIRX) at 4.45%. This indicates that JRLVX's price experiences larger fluctuations and is considered to be riskier than SWIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JRLVXSWIRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.56%

4.45%

+1.11%

Volatility (6M)

Calculated over the trailing 6-month period

8.84%

7.01%

+1.83%

Volatility (1Y)

Calculated over the trailing 1-year period

15.49%

11.87%

+3.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.74%

13.55%

+1.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.96%

13.47%

+2.49%