JVLIX vs. SPYV
Compare and contrast key facts about John Hancock Funds Disciplined Value Fund (JVLIX) and SPDR Portfolio S&P 500 Value ETF (SPYV).
JVLIX is managed by John Hancock. It was launched on Jan 2, 1997. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JVLIX or SPYV.
Key characteristics
| JVLIX | SPYV | |
|---|---|---|
| YTD Return | 17.91% | 17.61% |
| 1Y Return | 29.47% | 30.70% |
| 3Y Return (Ann) | 9.34% | 11.55% |
| 5Y Return (Ann) | 11.83% | 12.41% |
| 10Y Return (Ann) | 9.50% | 10.66% |
| Sharpe Ratio | 1.93 | 3.02 |
| Sortino Ratio | 2.61 | 4.28 |
| Omega Ratio | 1.42 | 1.56 |
| Calmar Ratio | 3.99 | 5.21 |
| Martin Ratio | 10.58 | 18.29 |
| Ulcer Index | 2.70% | 1.69% |
| Daily Std Dev | 14.79% | 10.22% |
| Max Drawdown | -57.81% | -58.45% |
| Current Drawdown | -1.25% | 0.00% |
Correlation
The correlation between JVLIX and SPYV is 0.89, 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.
Performance
JVLIX vs. SPYV - Performance Comparison
The year-to-date returns for both stocks are quite close, with JVLIX having a 17.91% return and SPYV slightly lower at 17.61%. Over the past 10 years, JVLIX has underperformed SPYV with an annualized return of 9.50%, while SPYV has yielded a comparatively higher 10.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JVLIX vs. SPYV - Expense Ratio Comparison
JVLIX has a 0.76% expense ratio, which is higher than SPYV's 0.04% expense ratio.
Risk-Adjusted Performance
JVLIX vs. SPYV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Disciplined Value Fund (JVLIX) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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.
Dividends
JVLIX vs. SPYV - Dividend Comparison
JVLIX's dividend yield for the trailing twelve months is around 0.93%, less than SPYV's 1.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JVLIX John Hancock Funds Disciplined Value Fund | 0.93% | 1.10% | 1.39% | 0.95% | 1.57% | 1.43% | 1.59% | 1.08% | 1.22% | 1.41% | 0.77% | 0.77% |
SPYV SPDR Portfolio S&P 500 Value ETF | 1.95% | 1.75% | 2.23% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% | 1.96% |
Drawdowns
JVLIX vs. SPYV - Drawdown Comparison
The maximum JVLIX drawdown since its inception was -57.81%, roughly equal to the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for JVLIX and SPYV. For additional features, visit the drawdowns tool.
Volatility
JVLIX vs. SPYV - Volatility Comparison
The current volatility for John Hancock Funds Disciplined Value Fund (JVLIX) is 2.86%, while SPDR Portfolio S&P 500 Value ETF (SPYV) has a volatility of 3.58%. This indicates that JVLIX experiences smaller price fluctuations and is considered to be less risky than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.