JRTIX vs. DGRO
Compare and contrast key facts about John Hancock Funds Multi-Index 2030 Lifetime Portfolio (JRTIX) and iShares Core Dividend Growth ETF (DGRO).
JRTIX is managed by John Hancock. It was launched on Nov 6, 2013. 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: JRTIX or DGRO.
Key characteristics
| JRTIX | DGRO | |
|---|---|---|
| YTD Return | 10.40% | 16.47% |
| 1Y Return | 17.91% | 23.34% |
| 3Y Return (Ann) | 2.30% | 8.98% |
| 5Y Return (Ann) | 7.40% | 12.27% |
| 10Y Return (Ann) | 6.60% | 11.87% |
| Sharpe Ratio | 1.95 | 2.27 |
| Daily Std Dev | 9.08% | 10.16% |
| Max Drawdown | -27.48% | -35.10% |
| Current Drawdown | -0.40% | -0.26% |
Correlation
The correlation between JRTIX and DGRO is 0.87, 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
JRTIX vs. DGRO - Performance Comparison
In the year-to-date period, JRTIX achieves a 10.40% return, which is significantly lower than DGRO's 16.47% return. Over the past 10 years, JRTIX has underperformed DGRO with an annualized return of 6.60%, while DGRO has yielded a comparatively higher 11.87% annualized return. 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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JRTIX vs. DGRO - Expense Ratio Comparison
JRTIX has a 0.31% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
JRTIX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index 2030 Lifetime Portfolio (JRTIX) 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
JRTIX vs. DGRO - Dividend Comparison
JRTIX's dividend yield for the trailing twelve months is around 2.24%, more than DGRO's 2.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JRTIX John Hancock Funds Multi-Index 2030 Lifetime Portfolio | 2.24% | 2.47% | 7.47% | 5.97% | 4.79% | 7.59% | 9.73% | 6.80% | 0.00% | 2.97% | 1.45% |
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% |
Drawdowns
JRTIX vs. DGRO - Drawdown Comparison
The maximum JRTIX drawdown since its inception was -27.48%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for JRTIX and DGRO. For additional features, visit the drawdowns tool.
Volatility
JRTIX vs. DGRO - Volatility Comparison
The current volatility for John Hancock Funds Multi-Index 2030 Lifetime Portfolio (JRTIX) is 2.46%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 2.67%. This indicates that JRTIX 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.