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JSGIX vs. JAKVX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JSGIX vs. JAKVX

Last updated Jun 24, 2026

JSGIX (John Hancock Funds III U.S. Growth Fund) and JAKVX (John Hancock Disciplined Value Global Long/Short Fund Class R6) are both mutual funds - JSGIX is a Large Cap Growth Equities fund managed by John Hancock, while JAKVX is a Long-Short fund actively managed by John Hancock. Over the past year, JSGIX returned 21.91% vs 20.32% for JAKVX. At a 0.44 correlation, their price movements are largely independent. JSGIX charges 0.71%/yr vs 1.54%/yr for JAKVX.

Performance

JSGIX vs. JAKVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Funds III U.S. Growth Fund (JSGIX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JSGIX achieves a 4.48% return, which is significantly lower than JAKVX's 9.88% return.

JSGIX

1D
-0.60%
1M
-0.66%
YTD
4.48%
6M
3.01%
1Y
21.91%
3Y*
24.12%
5Y*
14.02%
10Y*
17.69%

JAKVX

1D
0.23%
1M
-2.10%
YTD
9.88%
6M
10.16%
1Y
20.32%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

JSGIX vs. JAKVX - Yearly Performance Comparison

2026 (YTD)2025
JSGIX
John Hancock Funds III U.S. Growth Fund		4.48%29.90%
JAKVX
John Hancock Disciplined Value Global Long/Short Fund Class R6		9.88%17.29%

Correlation

The correlation between JSGIX and JAKVX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Apr 28, 2025

0.44

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John Hancock Funds III U.S. Growth Fund

John Hancock Disciplined Value Global Long/Short Fund Class R6

Often compared with JSGIX:
JSGIX vs. FSPGXJSGIX vs. DREVXJSGIX vs. USGLXJSGIX vs. SWLRXJSGIX vs. QQQJSGIX vs. ANFFXJSGIX vs. BBLIX
Often compared with JAKVX:
JAKVX vs. HECAJAKVX vs. HFMFJAKVX vs. ORRJAKVX vs. QLEIXJAKVX vs. HEFTJAKVX vs. RLSIXJAKVX vs. JAKRX

Return for Risk

JSGIX vs. JAKVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JSGIX
JSGIX Risk / Return Rank: 2626
Overall Rank
JSGIX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
JSGIX Sortino Ratio Rank: 2626
Sortino Ratio Rank
JSGIX Omega Ratio Rank: 2727
Omega Ratio Rank
JSGIX Calmar Ratio Rank: 2121
Calmar Ratio Rank
JSGIX Martin Ratio Rank: 2828
Martin Ratio Rank
JAKVX
JAKVX Risk / Return Rank: 8383
Overall Rank
JAKVX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
JAKVX Sortino Ratio Rank: 8484
Sortino Ratio Rank
JAKVX Omega Ratio Rank: 8383
Omega Ratio Rank
JAKVX Calmar Ratio Rank: 8787
Calmar Ratio Rank
JAKVX Martin Ratio Rank: 7474
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.

JSGIX vs. JAKVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds III U.S. Growth Fund (JSGIX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX). 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.

JSGIXJAKVXDifference
Sharpe ratioReturn per unit of total volatility
1.41
2.63

-1.22

Sortino ratioReturn per unit of downside risk
1.95
3.67

-1.72

Omega ratioGain probability vs. loss probability

1.25

1.51

-0.26

Calmar ratioReturn relative to maximum drawdown

1.58

3.96

-2.38

Martin ratioReturn relative to average drawdown

6.15

13.15

-7.00

JSGIX vs. JAKVX - Sharpe Ratio Comparison

The current JSGIX Sharpe Ratio is 1.41, which is lower than the JAKVX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of JSGIX and JAKVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

JSGIX vs. JAKVX - Drawdown Comparison

The maximum JSGIX drawdown since its inception was -31.80%, which is greater than JAKVX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for JSGIX and JAKVX.

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Drawdown Indicators

JSGIXJAKVXDifference

Max Drawdown

Largest peak-to-trough decline

-31.80%

-5.16%

-26.64%

Max Drawdown (1Y)

Largest decline over 1 year

-14.58%

-5.16%

-9.42%

Max Drawdown (3Y)

Largest decline over 3 years

-24.31%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-30.01%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-31.80%

—

—

Current Drawdown

Current decline from peak

-3.08%

-3.65%

+0.57%

Average Drawdown

Average peak-to-trough decline

-5.03%

-0.85%

-4.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.73%

1.55%

+2.18%

Volatility

JSGIX vs. JAKVX - Volatility Comparison

John Hancock Funds III U.S. Growth Fund (JSGIX) has a higher volatility of 6.16% compared to John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) at 2.82%. This indicates that JSGIX's price experiences larger fluctuations and is considered to be riskier than JAKVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JSGIXJAKVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.16%

2.82%

+3.34%

Volatility (6M)

Calculated over the trailing 6-month period

12.97%

6.32%

+6.65%

Volatility (1Y)

Calculated over the trailing 1-year period

16.36%

7.79%

+8.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.05%

7.55%

+13.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.12%

7.55%

+13.57%

JSGIX vs. JAKVX - Expense Ratio Comparison

JSGIX has a 0.71% expense ratio, which is lower than JAKVX's 1.54% expense ratio.

Dividends

JSGIX vs. JAKVX - Dividend Comparison

JSGIX's dividend yield for the trailing twelve months is around 8.76%, more than JAKVX's 7.71% yield.

PositionTTM20252024202320222021202020192018201720162015
JAKVX
John Hancock Disciplined Value Global Long/Short Fund Class R6		7.71%8.47%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JSGIX
John Hancock Funds III U.S. Growth Fund		8.76%9.15%9.61%5.02%11.25%14.04%2.63%0.13%28.16%14.98%4.13%6.12%

Frequently Asked Questions

JSGIX and JAKVX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

JSGIX has higher volatility (6.16%) compared to JAKVX (2.82%). In terms of maximum drawdown, JSGIX dropped -31.80% vs JAKVX's -5.16%.

JAKVX currently has the higher Sharpe Ratio (2.63 vs 1.41), 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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