JVLIX vs. IWX
JVLIX (John Hancock Funds Disciplined Value Fund) and IWX (iShares Russell Top 200 Value ETF) are both Large Cap Value Equities funds. Over the past 10 years, JVLIX returned 12.71%/yr vs 11.66%/yr for IWX. Their correlation of 0.92 suggests significant overlap in exposure. JVLIX charges 0.76%/yr vs 0.20%/yr for IWX.
Performance
JVLIX vs. IWX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JVLIX achieves a 16.63% return, which is significantly higher than IWX's 13.79% return. Over the past 10 years, JVLIX has outperformed IWX with an annualized return of 12.71%, while IWX has yielded a comparatively lower 11.66% annualized return.
JVLIX
- 1D
- 1.02%
- 1M
- 6.70%
- YTD
- 16.63%
- 6M
- 17.45%
- 1Y
- 33.27%
- 3Y*
- 21.71%
- 5Y*
- 12.57%
- 10Y*
- 12.71%
IWX
- 1D
- 0.01%
- 1M
- 4.49%
- YTD
- 13.79%
- 6M
- 14.63%
- 1Y
- 28.65%
- 3Y*
- 18.86%
- 5Y*
- 11.06%
- 10Y*
- 11.66%
JVLIX vs. IWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JVLIX John Hancock Funds Disciplined Value Fund | 16.63% | 17.48% | 15.59% | 13.91% | -4.45% | 29.92% | 1.59% | 22.70% | -9.75% | 17.97% |
IWX iShares Russell Top 200 Value ETF | 13.79% | 18.23% | 14.89% | 10.45% | -5.33% | 23.33% | 1.46% | 25.82% | -6.53% | 14.05% |
Correlation
The correlation between JVLIX and IWX is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2009 | 0.92 |
The correlation between JVLIX and IWX has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JVLIX vs. IWX — Risk / Return Rank
JVLIX
IWX
JVLIX vs. IWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Disciplined Value Fund (JVLIX) and iShares Russell Top 200 Value ETF (IWX). 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.
| JVLIX | IWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.52 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.31 | 4.37 | -0.06 |
| Martin ratioReturn relative to average drawdown | 18.35 | 18.76 | -0.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JVLIX | IWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.79 | 2.87 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.80 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.71 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.70 | -0.34 |
Drawdowns
JVLIX vs. IWX - Drawdown Comparison
The maximum JVLIX drawdown since its inception was -59.12%, which is greater than IWX's maximum drawdown of -35.76%. Use the drawdown chart below to compare losses from any high point for JVLIX and IWX.
Loading charts...
Drawdown Indicators
| JVLIX | IWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.12% | -35.76% | -23.36% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -6.59% | -1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -20.48% | -13.37% | -7.11% |
Max Drawdown (5Y)Largest decline over 5 years | -20.48% | -18.13% | -2.35% |
Max Drawdown (10Y)Largest decline over 10 years | -40.33% | -35.76% | -4.57% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -10.52% | -3.82% | -6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 1.53% | +0.33% |
Volatility
JVLIX vs. IWX - Volatility Comparison
John Hancock Funds Disciplined Value Fund (JVLIX) has a higher volatility of 3.87% compared to iShares Russell Top 200 Value ETF (IWX) at 2.83%. This indicates that JVLIX's price experiences larger fluctuations and is considered to be riskier than IWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JVLIX | IWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 2.83% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.69% | 7.66% | +2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.27% | 10.02% | +2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 13.85% | +3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.90% | 16.51% | +2.39% |
JVLIX vs. IWX - Expense Ratio Comparison
JVLIX has a 0.76% expense ratio, which is higher than IWX's 0.20% expense ratio.
Dividends
JVLIX vs. IWX - Dividend Comparison
JVLIX's dividend yield for the trailing twelve months is around 5.69%, more than IWX's 1.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWX iShares Russell Top 200 Value ETF | 1.48% | 1.59% | 1.97% | 2.13% | 2.07% | 1.79% | 2.12% | 2.60% | 2.66% | 2.12% | 2.22% | 2.77% |
JVLIX John Hancock Funds Disciplined Value Fund | 5.69% | 6.64% | 13.97% | 7.22% | 7.16% | 14.63% | 1.57% | 5.87% | 10.59% | 4.60% | 1.22% | 3.44% |
Frequently Asked Questions
With a correlation of 0.90, JVLIX and IWX 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.
JVLIX has higher volatility (3.87%) compared to IWX (2.83%). In terms of maximum drawdown, JVLIX dropped -59.12% vs IWX's -35.76%.
IWX currently has the higher Sharpe Ratio (2.87 vs 2.79), 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.
Find the right allocation for JVLIX and IWX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer