JVMRX vs. HNMVX
JVMRX (John Hancock Disciplined Value Mid Cap Fund Class R6) and HNMVX (Harbor Mid Cap Value Fund Retirement Class) are both Mid Cap Value Equities funds - JVMRX tracks the Russell Mid Cap Value Index while HNMVX tracks the Russell Midcap Value Index. Both are passively managed. Over the past 10 years, JVMRX returned 10.86%/yr vs 11.08%/yr for HNMVX. Their 0.95 correlation means they have historically moved very closely together. JVMRX charges 0.74%/yr vs 0.77%/yr for HNMVX.
Performance
JVMRX vs. HNMVX - Performance Comparison
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Returns By Period
In the year-to-date period, JVMRX achieves a 14.28% return, which is significantly lower than HNMVX's 23.70% return. Both investments have delivered pretty close results over the past 10 years, with JVMRX having a 10.86% annualized return and HNMVX not far ahead at 11.08%.
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%
HNMVX
- 1D
- -0.41%
- 1M
- 3.16%
- 6M
- 17.58%
- YTD
- 23.70%
- 1Y
- 40.62%
- 3Y*
- 19.16%
- 5Y*
- 13.21%
- 10Y*
- 11.08%
- ALL TIME*
- 11.42%
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 |
JVMRX vs. HNMVX - 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% |
HNMVX Harbor Mid Cap Value Fund Retirement Class | 23.70% | 16.06% | 12.22% | 16.52% | -5.58% | 30.06% | -3.70% | 23.06% | -17.76% | 12.09% |
Correlation
The correlation between JVMRX and HNMVX is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Mar 1, 2016 | 0.95 |
The correlation between JVMRX and HNMVX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.
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Return for Risk
JVMRX vs. HNMVX — Risk / Return Rank
JVMRX
HNMVX
JVMRX vs. HNMVX - 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 Harbor Mid Cap Value Fund Retirement Class (HNMVX). 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 | HNMVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.66 | ||
| Sortino ratioReturn per unit of downside risk | -2.32 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.54 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 5.71 | -3.68 |
| Martin ratioReturn relative to average drawdown | 6.58 | 21.49 | -14.90 |
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Drawdowns
JVMRX vs. HNMVX - Drawdown Comparison
The maximum JVMRX drawdown since its inception was -42.63%, smaller than the maximum HNMVX drawdown of -51.33%. Use the drawdown chart below to compare losses from any high point for JVMRX and HNMVX.
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Drawdown Indicators
| JVMRX | HNMVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.63% | -51.33% | +8.70% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | -6.84% | -1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -21.18% | -21.00% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -21.18% | -21.00% | -0.18% |
Max Drawdown (10Y)Largest decline over 10 years | -42.63% | -51.33% | +8.70% |
Current DrawdownCurrent decline from peak | -1.60% | -1.31% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -7.02% | +2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 1.82% | +0.83% |
Volatility
JVMRX vs. HNMVX - Volatility Comparison
John Hancock Disciplined Value Mid Cap Fund Class R6 (JVMRX) has a higher volatility of 3.46% compared to Harbor Mid Cap Value Fund Retirement Class (HNMVX) at 2.94%. This indicates that JVMRX's price experiences larger fluctuations and is considered to be riskier than HNMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JVMRX | HNMVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 2.94% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 9.11% | 8.87% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.99% | 13.01% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.24% | 18.70% | -0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.24% | 21.84% | -1.60% |
JVMRX vs. HNMVX - Expense Ratio Comparison
JVMRX has a 0.74% expense ratio, which is lower than HNMVX's 0.77% expense ratio.
Dividends
JVMRX vs. HNMVX - Dividend Comparison
JVMRX's dividend yield for the trailing twelve months is around 8.19%, more than HNMVX's 7.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNMVX Harbor Mid Cap Value Fund Retirement Class | 7.09% | 8.77% | 5.87% | 7.28% | 8.35% | 1.35% | 2.43% | 3.21% | 8.52% | 3.91% | 3.11% | 0.00% |
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
With a correlation of 0.92, JVMRX and HNMVX 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.
JVMRX has higher volatility (3.46%) compared to HNMVX (2.94%). In terms of maximum drawdown, JVMRX dropped -42.63% vs HNMVX's -51.33%.
HNMVX currently has the higher Sharpe Ratio (3.01 vs 1.35), 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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