JVMIX vs. FSMAX
Compare and contrast key facts about John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) and Fidelity Extended Market Index Fund (FSMAX).
JVMIX is managed by John Hancock. It was launched on Jun 2, 1997. FSMAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JVMIX or FSMAX.
Key characteristics
| JVMIX | FSMAX | |
|---|---|---|
| YTD Return | 10.16% | 9.77% |
| 1Y Return | 19.99% | 23.73% |
| 3Y Return (Ann) | 8.56% | -0.25% |
| 5Y Return (Ann) | 11.19% | 10.02% |
| 10Y Return (Ann) | 9.78% | 9.24% |
| Sharpe Ratio | 1.37 | 1.25 |
| Daily Std Dev | 14.31% | 18.67% |
| Max Drawdown | -66.36% | -41.67% |
| Current Drawdown | -0.79% | -6.99% |
Correlation
The correlation between JVMIX and FSMAX is 0.90, 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
JVMIX vs. FSMAX - Performance Comparison
The year-to-date returns for both stocks are quite close, with JVMIX having a 10.16% return and FSMAX slightly lower at 9.77%. Over the past 10 years, JVMIX has outperformed FSMAX with an annualized return of 9.78%, while FSMAX has yielded a comparatively lower 9.24% 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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JVMIX vs. FSMAX - Expense Ratio Comparison
JVMIX has a 0.87% expense ratio, which is higher than FSMAX's 0.04% expense ratio.
Risk-Adjusted Performance
JVMIX vs. FSMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) and Fidelity Extended Market Index Fund (FSMAX). 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
JVMIX vs. FSMAX - Dividend Comparison
JVMIX's dividend yield for the trailing twelve months is around 3.65%, more than FSMAX's 0.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I | 3.65% | 4.02% | 5.27% | 6.67% | 1.13% | 2.40% | 13.85% | 6.46% | 2.82% | 6.49% | 2.78% | 2.20% |
FSMAX Fidelity Extended Market Index Fund | 0.97% | 1.17% | 1.90% | 7.49% | 2.14% | 4.30% | 6.09% | 5.61% | 4.85% | 6.58% | 5.43% | 4.09% |
Drawdowns
JVMIX vs. FSMAX - Drawdown Comparison
The maximum JVMIX drawdown since its inception was -66.36%, which is greater than FSMAX's maximum drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for JVMIX and FSMAX. For additional features, visit the drawdowns tool.
Volatility
JVMIX vs. FSMAX - Volatility Comparison
The current volatility for John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) is 3.84%, while Fidelity Extended Market Index Fund (FSMAX) has a volatility of 5.53%. This indicates that JVMIX experiences smaller price fluctuations and is considered to be less risky than FSMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.