JVMRX vs. CISMX

Last updated Aug 1, 2026

JVMRX (John Hancock Disciplined Value Mid Cap Fund Class R6) and CISMX (Clarkston Partners Fund) are both Mid Cap Value Equities funds. Over the past 10 years, JVMRX returned 10.86%/yr vs 6.79%/yr for CISMX. Their correlation of 0.87 means they have usually moved in the same direction. JVMRX charges 0.74%/yr vs 1.00%/yr for CISMX.

Performance

JVMRX vs. CISMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Disciplined Value Mid Cap Fund Class R6 (JVMRX) and Clarkston Partners Fund (CISMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JVMRX achieves a 14.28% return, which is significantly higher than CISMX's 9.60% return. Over the past 10 years, JVMRX has outperformed CISMX with an annualized return of 10.86%, while CISMX has yielded a comparatively lower 6.79% annualized return.

JVMRX

• 1D: -0.66%
• 1M: 2.05%
• 6M: 9.61%
• YTD: 14.28%
• 1Y: 19.12%
• 3Y*: 14.01%
• 5Y*: 10.13%
• 10Y*: 10.86%
• ALL TIME*: 12.64%

CISMX

• 1D: -2.88%
• 1M: 0.58%
• 6M: 6.31%
• YTD: 9.60%
• 1Y: 12.37%
• 3Y*: 1.88%
• 5Y*: 1.64%
• 10Y*: 6.79%
• ALL TIME*: 7.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CISMX Clarkston Partners Fund	$0.00	$0.00	$0.00
JVMRX John Hancock Disciplined Value Mid Cap Fund Class R6	$0.00	$0.00	$0.00

JVMRX vs. CISMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JVMRX John Hancock Disciplined Value Mid Cap Fund Class R6	14.28%	11.40%	10.59%	16.81%	-7.00%	26.95%	6.00%	30.26%	-14.75%	15.06%
CISMX Clarkston Partners Fund	9.60%	-8.37%	4.49%	6.41%	-0.40%	7.94%	17.42%	23.98%	-7.25%	12.84%

Correlation

The correlation between JVMRX and CISMX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (10Y) Provides a long-term view across more market conditions.	0.86
Correlation (All Time) Calculated using the full available price history since Sep 22, 2015	0.87

The correlation between JVMRX and CISMX shifts across timeframes, from 0.69 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JVMRX vs. CISMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JVMRX

JVMRX Risk / Return Rank: 49
JVMRX Sharpe Ratio Rank: 47
JVMRX Sortino Ratio Rank: 53
JVMRX Omega Ratio Rank: 44
JVMRX Calmar Ratio Rank: 55
JVMRX Martin Ratio Rank: 45

CISMX

CISMX Risk / Return Rank: 15
CISMX Sharpe Ratio Rank: 13
CISMX Sortino Ratio Rank: 15
CISMX Omega Ratio Rank: 13
CISMX Calmar Ratio Rank: 19
CISMX Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JVMRX vs. CISMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value Mid Cap Fund Class R6 (JVMRX) and Clarkston Partners Fund (CISMX). 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.

	JVMRX	CISMX	Difference
Sharpe ratio: Return per unit of total volatility	1.35	0.51	+0.83
Sortino ratio: Return per unit of downside risk	2.06	0.89	+1.17
Omega ratio: Gain probability vs. loss probability	1.24	1.10	+0.14
Calmar ratio: Return relative to maximum drawdown	2.03	0.93	+1.11
Martin ratio: Return relative to average drawdown	6.58	2.02	+4.56

JVMRX vs. CISMX - Sharpe Ratio Comparison

The current JVMRX Sharpe Ratio is 1.35, which is higher than the CISMX Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of JVMRX and CISMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JVMRX vs. CISMX - Drawdown Comparison

The maximum JVMRX drawdown since its inception was -42.63%, which is greater than CISMX's maximum drawdown of -33.80%. Use the drawdown chart below to compare losses from any high point for JVMRX and CISMX.

Drawdown Indicators

	JVMRX	CISMX	Difference
Max Drawdown Largest peak-to-trough decline	-42.63%	-33.80%	-8.83%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-10.54%	+1.93%
Max Drawdown (3Y) Largest decline over 3 years	-21.18%	-21.19%	+0.01%
Max Drawdown (5Y) Largest decline over 5 years	-21.18%	-21.19%	+0.01%
Max Drawdown (10Y) Largest decline over 10 years	-42.63%	-33.80%	-8.83%
Current Drawdown Current decline from peak	-1.60%	-6.19%	+4.59%
Average Drawdown Average peak-to-trough decline	-4.33%	-6.75%	+2.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	4.82%	-2.17%

Volatility

JVMRX vs. CISMX - Volatility Comparison

The current volatility for John Hancock Disciplined Value Mid Cap Fund Class R6 (JVMRX) is 3.46%, while Clarkston Partners Fund (CISMX) has a volatility of 8.99%. This indicates that JVMRX experiences smaller price fluctuations and is considered to be less risky than CISMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JVMRX	CISMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	8.99%	-5.53%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	15.21%	-6.10%
Volatility (1Y) Calculated over the trailing 1-year period	12.99%	19.00%	-6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.24%	17.89%	+0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	18.45%	+1.79%

JVMRX vs. CISMX - Expense Ratio Comparison

JVMRX has a 0.74% expense ratio, which is lower than CISMX's 1.00% expense ratio.

Dividends

JVMRX vs. CISMX - Dividend Comparison

JVMRX's dividend yield for the trailing twelve months is around 8.19%, more than CISMX's 4.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CISMX Clarkston Partners Fund	4.25%	4.65%	1.05%	3.76%	16.95%	0.81%	3.73%	3.79%	7.15%	1.30%	1.17%	0.09%
JVMRX John Hancock Disciplined Value Mid Cap Fund Class R6	8.19%	9.36%	12.17%	4.12%	5.38%	6.78%	1.22%	2.49%	14.01%	5.94%	1.91%	5.88%

Frequently Asked Questions

Can I hold both JVMRX and CISMX in my portfolio?

JVMRX and CISMX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JVMRX or CISMX?

CISMX has higher volatility (8.99%) compared to JVMRX (3.46%). In terms of maximum drawdown, JVMRX dropped -42.63% vs CISMX's -33.80%.

Which has better risk-adjusted returns?

JVMRX currently has the higher Sharpe Ratio (1.35 vs 0.51), 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.