JRTVX vs. DRIQX
JRTVX (John Hancock Funds Multi-Index 2040 Lifetime Portfolio) and DRIQX (Dimensional 2015 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 5 years, JRTVX returned 7.71%/yr vs 1.86%/yr for DRIQX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. JRTVX charges 0.27%/yr vs 0.17%/yr for DRIQX.
Performance
JRTVX vs. DRIQX - Performance Comparison
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Returns By Period
In the year-to-date period, JRTVX achieves a 9.62% return, which is significantly higher than DRIQX's 3.01% return.
JRTVX
- 1D
- 1.59%
- 1M
- -0.29%
- 6M
- 6.63%
- YTD
- 9.62%
- 1Y
- 19.73%
- 3Y*
- 14.45%
- 5Y*
- 7.71%
- 10Y*
- —
- ALL TIME*
- 9.38%
DRIQX
- 1D
- 0.35%
- 1M
- -0.44%
- 6M
- 1.84%
- YTD
- 3.01%
- 1Y
- 6.61%
- 3Y*
- 6.44%
- 5Y*
- 1.86%
- 10Y*
- 4.48%
- ALL TIME*
- 5.07%
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 |
JRTVX vs. DRIQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JRTVX John Hancock Funds Multi-Index 2040 Lifetime Portfolio | 9.62% | 17.91% | 12.73% | 16.55% | -18.24% | 17.27% | 15.79% | 24.46% | -8.25% | 7.04% |
DRIQX Dimensional 2015 Target Date Retirement Income Fund | 3.01% | 8.83% | 5.47% | 8.17% | -14.79% | 7.79% | 14.31% | 14.08% | -4.20% | 4.55% |
Correlation
The correlation between JRTVX and DRIQX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2017 | 0.64 |
The correlation between JRTVX and DRIQX shifts across timeframes, from 0.64 (all time) to 0.83 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JRTVX vs. DRIQX — Risk / Return Rank
JRTVX
DRIQX
JRTVX vs. DRIQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Multi-Index 2040 Lifetime Portfolio (JRTVX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). 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.
| JRTVX | DRIQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.27 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 1.90 | +0.44 |
| Martin ratioReturn relative to average drawdown | 9.79 | 7.47 | +2.32 |
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Drawdowns
JRTVX vs. DRIQX - Drawdown Comparison
The maximum JRTVX drawdown since its inception was -31.52%, which is greater than DRIQX's maximum drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for JRTVX and DRIQX.
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Drawdown Indicators
| JRTVX | DRIQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.52% | -19.86% | -11.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.81% | -3.47% | -4.34% |
Max Drawdown (3Y)Largest decline over 3 years | -13.83% | -5.12% | -8.71% |
Max Drawdown (5Y)Largest decline over 5 years | -25.46% | -19.86% | -5.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.86% | — |
Current DrawdownCurrent decline from peak | -1.32% | -1.30% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -3.84% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 0.88% | +0.98% |
Volatility
JRTVX vs. DRIQX - Volatility Comparison
John Hancock Funds Multi-Index 2040 Lifetime Portfolio (JRTVX) has a higher volatility of 3.14% compared to Dimensional 2015 Target Date Retirement Income Fund (DRIQX) at 1.10%. This indicates that JRTVX's price experiences larger fluctuations and is considered to be riskier than DRIQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRTVX | DRIQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 1.10% | +2.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 3.60% | +5.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.24% | 4.52% | +6.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.85% | 7.07% | +6.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 6.58% | +9.09% |
JRTVX vs. DRIQX - Expense Ratio Comparison
JRTVX has a 0.27% expense ratio, which is higher than DRIQX's 0.17% 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
JRTVX vs. DRIQX - Dividend Comparison
JRTVX's dividend yield for the trailing twelve months is around 2.71%, less than DRIQX's 6.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DRIQX Dimensional 2015 Target Date Retirement Income Fund | 6.36% | 4.95% | 4.53% | 4.28% | 6.51% | 4.54% | 3.76% | 2.05% | 2.23% | 1.66% | 1.37% |
JRTVX John Hancock Funds Multi-Index 2040 Lifetime Portfolio | 2.71% | 2.97% | 1.88% | 2.05% | 7.35% | 5.73% | 4.57% | 8.90% | 11.23% | 0.00% | 0.00% |
Frequently Asked Questions
JRTVX and DRIQX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JRTVX has higher volatility (3.14%) compared to DRIQX (1.10%). In terms of maximum drawdown, JRTVX dropped -31.52% vs DRIQX's -19.86%.
JRTVX currently has the higher Sharpe Ratio (1.62 vs 1.46), 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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