JTSSX vs. JRLVX
JTSSX (JPMorgan SmartRetirement 2050 Fund) and JRLVX (John Hancock Funds Multi-Index 2045 Lifetime Portfolio) are both Target Retirement Date funds. Over the past 10 years, JTSSX returned 10.94%/yr vs 11.36%/yr for JRLVX. With a 0.99 correlation, they move nearly in lockstep. JTSSX charges 0.25%/yr vs 0.01%/yr for JRLVX.
Performance
JTSSX vs. JRLVX - Performance Comparison
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Returns By Period
In the year-to-date period, JTSSX achieves a 9.88% return, which is significantly lower than JRLVX's 12.32% return. Both investments have delivered pretty close results over the past 10 years, with JTSSX having a 10.94% annualized return and JRLVX not far ahead at 11.36%.
JTSSX
- 1D
- 0.40%
- 1M
- 4.35%
- YTD
- 9.88%
- 6M
- 10.44%
- 1Y
- 23.19%
- 3Y*
- 17.61%
- 5Y*
- 8.81%
- 10Y*
- 10.94%
JRLVX
- 1D
- 0.44%
- 1M
- 5.08%
- YTD
- 12.32%
- 6M
- 13.05%
- 1Y
- 27.67%
- 3Y*
- 18.90%
- 5Y*
- 9.59%
- 10Y*
- 11.36%
JTSSX vs. JRLVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JTSSX JPMorgan SmartRetirement 2050 Fund | 9.88% | 17.88% | 12.31% | 22.36% | -18.58% | 17.53% | 15.33% | 24.81% | -9.87% | 21.92% |
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 12.32% | 19.25% | 14.50% | 18.00% | -18.06% | 18.45% | 16.23% | 25.03% | -8.29% | 17.40% |
Correlation
The correlation between JTSSX and JRLVX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2013 | 0.99 |
The correlation between JTSSX and JRLVX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
JTSSX vs. JRLVX — Risk / Return Rank
JTSSX
JRLVX
JTSSX vs. JRLVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan SmartRetirement 2050 Fund (JTSSX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). 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.
| JTSSX | JRLVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.46 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 3.31 | -0.73 |
| Martin ratioReturn relative to average drawdown | 11.29 | 14.68 | -3.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JTSSX | JRLVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 2.50 | -0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.65 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.71 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.65 | -0.19 |
Drawdowns
JTSSX vs. JRLVX - Drawdown Comparison
The maximum JTSSX drawdown since its inception was -50.11%, which is greater than JRLVX's maximum drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for JTSSX and JRLVX.
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Drawdown Indicators
| JTSSX | JRLVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.11% | -32.53% | -17.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.12% | -8.50% | -0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -15.16% | -15.27% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -25.81% | -25.64% | -0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -33.24% | -32.53% | -0.71% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -4.56% | -2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.08% | 1.91% | +0.17% |
Volatility
JTSSX vs. JRLVX - Volatility Comparison
JPMorgan SmartRetirement 2050 Fund (JTSSX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) have volatilities of 3.49% and 3.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JTSSX | JRLVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 3.34% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 9.25% | 8.96% | +0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.55% | 11.27% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.85% | 14.77% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.72% | 15.99% | -0.27% |
JTSSX vs. JRLVX - Expense Ratio Comparison
JTSSX has a 0.25% expense ratio, which is higher than JRLVX's 0.01% 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
JTSSX vs. JRLVX - Dividend Comparison
JTSSX's dividend yield for the trailing twelve months is around 4.69%, more than JRLVX's 3.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 3.16% | 3.55% | 1.89% | 2.24% | 8.03% | 6.00% | 4.26% | 8.99% | 10.96% | 4.29% | 3.40% | 1.90% |
JTSSX JPMorgan SmartRetirement 2050 Fund | 4.69% | 5.16% | 2.58% | 1.57% | 10.75% | 16.31% | 4.46% | 9.76% | 5.08% | 3.84% | 2.97% | 3.09% |
Frequently Asked Questions
With a correlation of 0.99, JTSSX and JRLVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JTSSX has higher volatility (3.49%) compared to JRLVX (3.34%). In terms of maximum drawdown, JTSSX dropped -50.11% vs JRLVX's -32.53%.
JRLVX currently has the higher Sharpe Ratio (2.50 vs 2.04), 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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