JSGIX vs. MEIFX

Last updated Apr 1, 2026

Compare and contrast key facts about John Hancock Funds III U.S. Growth Fund (JSGIX) and Meridian Enhanced Equity Fund (MEIFX).

JSGIX is managed by John Hancock. It was launched on Dec 19, 2011. MEIFX is managed by Meridian. It was launched on Jan 31, 2005.

Performance

JSGIX vs. MEIFX - 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 Meridian Enhanced Equity Fund (MEIFX). The values are adjusted to include any dividend payments, if applicable.

JSGIX vs. MEIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JSGIX John Hancock Funds III U.S. Growth Fund	-13.25%	20.39%	32.38%	39.48%	-26.61%	23.21%	29.85%	34.79%	-0.24%	29.27%
MEIFX Meridian Enhanced Equity Fund	-1.60%	6.51%	13.19%	18.96%	-16.43%	15.15%	26.18%	44.95%	-0.51%	27.94%

Returns By Period

In the year-to-date period, JSGIX achieves a -13.25% return, which is significantly lower than MEIFX's -1.60% return. Over the past 10 years, JSGIX has outperformed MEIFX with an annualized return of 15.21%, while MEIFX has yielded a comparatively lower 13.78% annualized return.

JSGIX

• 1D: -0.53%
• 1M: -8.89%
• YTD: -13.25%
• 6M: -10.76%
• 1Y: 13.40%
• 3Y*: 20.79%
• 5Y*: 11.52%
• 10Y*: 15.21%

MEIFX

• 1D: 0.08%
• 1M: -3.16%
• YTD: -1.60%
• 6M: -1.55%
• 1Y: 4.96%
• 3Y*: 9.70%
• 5Y*: 5.75%
• 10Y*: 13.78%

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

JSGIX vs. MEIFX - Expense Ratio Comparison

JSGIX has a 0.71% expense ratio, which is lower than MEIFX's 1.20% expense ratio.

MEIFX

Meridian Enhanced Equity Fund

JSGIX

John Hancock Funds III U.S. Growth Fund

Return for Risk

JSGIX vs. MEIFX — Risk / Return Rank

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

JSGIX

JSGIX Risk / Return Rank: 27
JSGIX Sharpe Ratio Rank: 26
JSGIX Sortino Ratio Rank: 28
JSGIX Omega Ratio Rank: 28
JSGIX Calmar Ratio Rank: 25
JSGIX Martin Ratio Rank: 27

MEIFX

MEIFX Risk / Return Rank: 15
MEIFX Sharpe Ratio Rank: 11
MEIFX Sortino Ratio Rank: 12
MEIFX Omega Ratio Rank: 11
MEIFX Calmar Ratio Rank: 17
MEIFX Martin Ratio Rank: 22

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. MEIFX - 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 Meridian Enhanced Equity Fund (MEIFX). 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.

	JSGIX	MEIFX	Difference
Sharpe ratio Return per unit of total volatility	0.64	0.30	+0.34
Sortino ratio Return per unit of downside risk	1.05	0.55	+0.50
Omega ratio Gain probability vs. loss probability	1.15	1.07	+0.08
Calmar ratio Return relative to maximum drawdown	0.74	0.49	+0.25
Martin ratio Return relative to average drawdown	2.97	2.30	+0.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JSGIX vs. MEIFX - Sharpe Ratio Comparison

The current JSGIX Sharpe Ratio is 0.64, which is higher than the MEIFX Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of JSGIX and MEIFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JSGIX	MEIFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	0.30	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.37	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.77	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.51	+0.27

Correlation

The correlation between JSGIX and MEIFX is 0.74, 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

JSGIX vs. MEIFX - Dividend Comparison

JSGIX's dividend yield for the trailing twelve months is around 10.54%, more than MEIFX's 7.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JSGIX John Hancock Funds III U.S. Growth Fund	10.54%	9.15%	9.61%	5.02%	11.25%	14.04%	2.63%	0.13%	28.16%	14.98%	4.13%	6.12%
MEIFX Meridian Enhanced Equity Fund	7.36%	7.25%	14.61%	0.61%	9.28%	25.44%	13.26%	40.49%	11.67%	1.18%	0.78%	4.24%

Drawdowns

JSGIX vs. MEIFX - Drawdown Comparison

The maximum JSGIX drawdown since its inception was -31.80%, smaller than the maximum MEIFX drawdown of -54.37%. Use the drawdown chart below to compare losses from any high point for JSGIX and MEIFX.

Drawdown Indicators

	JSGIX	MEIFX	Difference
Max Drawdown Largest peak-to-trough decline	-31.80%	-54.37%	+22.57%
Max Drawdown (1Y) Largest decline over 1 year	-14.58%	-8.99%	-5.59%
Max Drawdown (5Y) Largest decline over 5 years	-30.01%	-23.54%	-6.47%
Max Drawdown (10Y) Largest decline over 10 years	-31.80%	-28.67%	-3.13%
Current Drawdown Current decline from peak	-14.58%	-7.42%	-7.16%
Average Drawdown Average peak-to-trough decline	-5.07%	-7.76%	+2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	2.05%	+1.59%

Volatility

JSGIX vs. MEIFX - Volatility Comparison

John Hancock Funds III U.S. Growth Fund (JSGIX) has a higher volatility of 5.32% compared to Meridian Enhanced Equity Fund (MEIFX) at 3.54%. This indicates that JSGIX's price experiences larger fluctuations and is considered to be riskier than MEIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JSGIX	MEIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	3.54%	+1.78%
Volatility (6M) Calculated over the trailing 6-month period	11.87%	7.12%	+4.75%
Volatility (1Y) Calculated over the trailing 1-year period	21.37%	14.91%	+6.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.88%	15.93%	+4.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.96%	17.95%	+3.01%