JVMIX vs. TAMBX
JVMIX (John Hancock Funds Disciplined Value Mid Cap Fund Class I) and TAMBX (JHancock Municipal Opportunities Fund) are both mutual funds - JVMIX is a Mid Cap Value Equities fund managed by John Hancock, while TAMBX is a Municipal Bonds fund managed by John Hancock. Over the past 10 years, JVMIX returned 10.75%/yr vs 1.78%/yr for TAMBX. Their -0.09 correlation means they have often moved in opposite directions in the past. JVMIX charges 0.87%/yr vs 0.80%/yr for TAMBX.
Performance
JVMIX vs. TAMBX - Performance Comparison
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Returns By Period
In the year-to-date period, JVMIX achieves a 14.20% return, which is significantly higher than TAMBX's 0.14% return. Over the past 10 years, JVMIX has outperformed TAMBX with an annualized return of 10.75%, while TAMBX has yielded a comparatively lower 1.78% annualized return.
JVMIX
- 1D
- -0.70%
- 1M
- 2.05%
- 6M
- 9.53%
- YTD
- 14.20%
- 1Y
- 19.00%
- 3Y*
- 13.89%
- 5Y*
- 10.01%
- 10Y*
- 10.75%
- ALL TIME*
- 6.60%
TAMBX
- 1D
- -0.22%
- 1M
- -1.87%
- 6M
- -0.81%
- YTD
- 0.14%
- 1Y
- 4.19%
- 3Y*
- 3.25%
- 5Y*
- 0.37%
- 10Y*
- 1.78%
- ALL TIME*
- 4.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JVMIX vs. TAMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I | 14.20% | 11.28% | 10.46% | 16.64% | -7.09% | 26.85% | 5.90% | 30.13% | -14.90% | 15.10% |
TAMBX JHancock Municipal Opportunities Fund | 0.14% | 5.25% | 2.23% | 5.36% | -10.18% | 3.05% | 4.07% | 8.16% | 0.14% | 5.48% |
Correlation
The correlation between JVMIX and TAMBX is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 1997 | -0.09 |
The correlation between JVMIX and TAMBX shifts across timeframes, from -0.09 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JVMIX vs. TAMBX — Risk / Return Rank
JVMIX
TAMBX
JVMIX vs. TAMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) and JHancock Municipal Opportunities Fund (TAMBX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JVMIX | TAMBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.47 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.71 | +0.32 |
| Martin ratioReturn relative to average drawdown | 6.54 | 5.23 | +1.31 |
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Drawdowns
JVMIX vs. TAMBX - Drawdown Comparison
The maximum JVMIX drawdown since its inception was -67.04%, which is greater than TAMBX's maximum drawdown of -15.00%. Use the drawdown chart below to compare losses from any high point for JVMIX and TAMBX.
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Drawdown Indicators
| JVMIX | TAMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.04% | -15.00% | -52.04% |
Max Drawdown (1Y)Largest decline over 1 year | -8.57% | -2.93% | -5.64% |
Max Drawdown (3Y)Largest decline over 3 years | -21.13% | -5.74% | -15.39% |
Max Drawdown (5Y)Largest decline over 5 years | -21.13% | -14.73% | -6.40% |
Max Drawdown (10Y)Largest decline over 10 years | -42.64% | -14.73% | -27.91% |
Current DrawdownCurrent decline from peak | -1.60% | -1.97% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -13.30% | -2.18% | -11.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 0.96% | +1.69% |
Volatility
JVMIX vs. TAMBX - Volatility Comparison
John Hancock Funds Disciplined Value Mid Cap Fund Class I (JVMIX) has a higher volatility of 3.46% compared to JHancock Municipal Opportunities Fund (TAMBX) at 0.82%. This indicates that JVMIX's price experiences larger fluctuations and is considered to be riskier than TAMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JVMIX | TAMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 0.82% | +2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 2.03% | +7.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.98% | 2.57% | +10.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.22% | 3.83% | +14.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 4.02% | +16.20% |
JVMIX vs. TAMBX - Expense Ratio Comparison
JVMIX has a 0.87% expense ratio, which is higher than TAMBX's 0.80% expense ratio.
Dividends
JVMIX vs. TAMBX - Dividend Comparison
JVMIX's dividend yield for the trailing twelve months is around 8.09%, more than TAMBX's 3.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JVMIX John Hancock Funds Disciplined Value Mid Cap Fund Class I | 8.09% | 9.24% | 12.05% | 4.02% | 5.27% | 6.67% | 1.13% | 2.40% | 13.85% | 5.94% | 1.91% | 5.88% |
TAMBX JHancock Municipal Opportunities Fund | 3.36% | 4.39% | 3.10% | 2.39% | 2.47% | 2.61% | 2.82% | 3.37% | 3.69% | 3.68% | 3.79% | 3.90% |
Frequently Asked Questions
JVMIX and TAMBX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JVMIX has higher volatility (3.46%) compared to TAMBX (0.82%). In terms of maximum drawdown, JVMIX dropped -67.04% vs TAMBX's -15.00%.
TAMBX currently has the higher Sharpe Ratio (1.94 vs 1.34), 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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