JRTVX vs. TAGRX

Last updated Jul 3, 2026

JRTVX (John Hancock Funds Multi-Index 2040 Lifetime Portfolio) and TAGRX (John Hancock Fundamental Large Cap Core Fund) are both mutual funds - JRTVX is a Target Retirement Date fund managed by John Hancock, while TAGRX is a Large Cap Blend Equities fund managed by John Hancock. Over the past 5 years, JRTVX returned 7.72%/yr vs 7.43%/yr for TAGRX. Their correlation of 0.92 suggests significant overlap in exposure. JRTVX charges 0.27%/yr vs 1.01%/yr for TAGRX.

Performance

JRTVX vs. TAGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds Multi-Index 2040 Lifetime Portfolio (JRTVX) and John Hancock Fundamental Large Cap Core Fund (TAGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JRTVX achieves a 9.82% return, which is significantly higher than TAGRX's 1.62% return.

JRTVX

• 1D: -0.52%
• 1M: -1.15%
• 6M: 9.82%
• YTD: 9.82%
• 1Y: 19.21%
• 3Y*: 15.62%
• 5Y*: 7.72%
• 10Y*: —

TAGRX

• 1D: 0.89%
• 1M: -1.58%
• 6M: 1.62%
• YTD: 1.62%
• 1Y: 9.21%
• 3Y*: 14.39%
• 5Y*: 7.43%
• 10Y*: 12.56%

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

JRTVX vs. TAGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JRTVX John Hancock Funds Multi-Index 2040 Lifetime Portfolio	9.82%	17.91%	12.73%	16.55%	-18.24%	17.27%	15.79%	24.46%	-8.25%	7.04%
TAGRX John Hancock Fundamental Large Cap Core Fund	1.62%	9.98%	21.14%	32.23%	-24.86%	29.16%	20.55%	35.06%	-14.09%	13.49%

Correlation

The correlation between JRTVX and TAGRX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 7, 2017	0.92

The correlation between JRTVX and TAGRX has been stable across timeframes, ranging from 0.83 to 0.92 - a consistent structural relationship.

Return for Risk

JRTVX vs. TAGRX — Risk / Return Rank

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

JRTVX

JRTVX Risk / Return Rank: 64
JRTVX Sharpe Ratio Rank: 63
JRTVX Sortino Ratio Rank: 60
JRTVX Omega Ratio Rank: 62
JRTVX Calmar Ratio Rank: 65
JRTVX Martin Ratio Rank: 72

TAGRX

TAGRX Risk / Return Rank: 11
TAGRX Sharpe Ratio Rank: 12
TAGRX Sortino Ratio Rank: 12
TAGRX Omega Ratio Rank: 12
TAGRX Calmar Ratio Rank: 10
TAGRX Martin Ratio Rank: 11

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.

JRTVX vs. TAGRX - 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 John Hancock Fundamental Large Cap Core Fund (TAGRX). 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	TAGRX	Difference
Sharpe ratio: Return per unit of total volatility	1.80	0.73	+1.07
Sortino ratio: Return per unit of downside risk	2.51	1.06	+1.45
Omega ratio: Gain probability vs. loss probability	1.33	1.13	+0.20
Calmar ratio: Return relative to maximum drawdown	2.53	0.68	+1.85
Martin ratio: Return relative to average drawdown	10.81	2.32	+8.48

JRTVX vs. TAGRX - Sharpe Ratio Comparison

The current JRTVX Sharpe Ratio is 1.80, which is higher than the TAGRX Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of JRTVX and TAGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JRTVX vs. TAGRX - Drawdown Comparison

The maximum JRTVX drawdown since its inception was -31.52%, smaller than the maximum TAGRX drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for JRTVX and TAGRX.

Drawdown Indicators

	JRTVX	TAGRX	Difference
Max Drawdown Largest peak-to-trough decline	-31.52%	-58.45%	+26.93%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-14.04%	+6.23%
Max Drawdown (3Y) Largest decline over 3 years	-13.83%	-26.11%	+12.28%
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	-29.10%	+3.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.96%	—
Current Drawdown Current decline from peak	-1.15%	-2.42%	+1.27%
Average Drawdown Average peak-to-trough decline	-5.15%	-11.53%	+6.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	4.13%	-2.30%

Volatility

JRTVX vs. TAGRX - Volatility Comparison

The current volatility for John Hancock Funds Multi-Index 2040 Lifetime Portfolio (JRTVX) is 4.59%, while John Hancock Fundamental Large Cap Core Fund (TAGRX) has a volatility of 5.28%. This indicates that JRTVX experiences smaller price fluctuations and is considered to be less risky than TAGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRTVX	TAGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	5.28%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	10.57%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	10.99%	13.20%	-2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.85%	20.29%	-6.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.70%	20.46%	-4.76%

JRTVX vs. TAGRX - Expense Ratio Comparison

JRTVX has a 0.27% expense ratio, which is lower than TAGRX's 1.01% expense ratio.

Dividends

JRTVX vs. TAGRX - Dividend Comparison

JRTVX's dividend yield for the trailing twelve months is around 2.70%, less than TAGRX's 11.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JRTVX John Hancock Funds Multi-Index 2040 Lifetime Portfolio	2.70%	2.97%	1.88%	2.05%	7.35%	5.73%	4.57%	8.90%	11.23%	0.00%	0.00%	0.00%
TAGRX John Hancock Fundamental Large Cap Core Fund	11.90%	12.09%	13.00%	6.67%	6.76%	7.82%	0.30%	0.53%	14.05%	8.22%	2.96%	1.22%

Frequently Asked Questions

Can I hold both JRTVX and TAGRX in my portfolio?

JRTVX and TAGRX 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.

Which is riskier, JRTVX or TAGRX?

TAGRX has higher volatility (5.28%) compared to JRTVX (4.59%). In terms of maximum drawdown, JRTVX dropped -31.52% vs TAGRX's -58.45%.

Which has better risk-adjusted returns?

JRTVX currently has the higher Sharpe Ratio (1.80 vs 0.73), 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.