JVMRX vs. NMAVX
JVMRX (John Hancock Disciplined Value Mid Cap Fund Class R6) and NMAVX (Nuance Mid Cap Value Fund) are both Mid Cap Value Equities funds. Over the past 10 years, JVMRX returned 10.79%/yr vs 8.14%/yr for NMAVX. Their correlation of 0.84 suggests significant overlap in exposure. JVMRX charges 0.74%/yr vs 1.22%/yr for NMAVX.
Performance
JVMRX vs. NMAVX - Performance Comparison
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Returns By Period
In the year-to-date period, JVMRX achieves a 11.40% return, which is significantly higher than NMAVX's 10.73% return. Over the past 10 years, JVMRX has outperformed NMAVX with an annualized return of 10.79%, while NMAVX has yielded a comparatively lower 8.14% annualized return.
JVMRX
- 1D
- 0.63%
- 1M
- 1.09%
- 6M
- 6.85%
- YTD
- 11.40%
- 1Y
- 14.77%
- 3Y*
- 14.07%
- 5Y*
- 9.41%
- 10Y*
- 10.79%
NMAVX
- 1D
- 0.95%
- 1M
- 2.95%
- 6M
- 6.86%
- YTD
- 10.73%
- 1Y
- 13.11%
- 3Y*
- 6.95%
- 5Y*
- 3.98%
- 10Y*
- 8.14%
JVMRX vs. NMAVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JVMRX John Hancock Disciplined Value Mid Cap Fund Class R6 | 11.40% | 11.40% | 10.59% | 16.81% | -7.00% | 26.95% | 6.00% | 30.26% | -14.75% | 15.06% |
NMAVX Nuance Mid Cap Value Fund | 10.73% | 1.91% | 5.20% | 6.44% | -5.26% | 11.10% | 4.41% | 30.71% | -5.44% | 14.81% |
Correlation
The correlation between JVMRX and NMAVX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014 | 0.84 |
The correlation between JVMRX and NMAVX shifts across timeframes, from 0.72 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JVMRX vs. NMAVX — Risk / Return Rank
JVMRX
NMAVX
JVMRX vs. NMAVX - 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 Nuance Mid Cap Value Fund (NMAVX). 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 | NMAVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.19 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.33 | +0.36 |
| Martin ratioReturn relative to average drawdown | 5.45 | 3.33 | +2.12 |
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Drawdowns
JVMRX vs. NMAVX - Drawdown Comparison
The maximum JVMRX drawdown since its inception was -42.63%, which is greater than NMAVX's maximum drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for JVMRX and NMAVX.
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Drawdown Indicators
| JVMRX | NMAVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.63% | -30.93% | -11.70% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | -9.80% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -21.18% | -18.40% | -2.78% |
Max Drawdown (5Y)Largest decline over 5 years | -21.18% | -18.40% | -2.78% |
Max Drawdown (10Y)Largest decline over 10 years | -42.63% | -30.93% | -11.70% |
Current DrawdownCurrent decline from peak | -0.71% | -1.15% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -4.34% | -3.79% | -0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 3.92% | -1.25% |
Volatility
JVMRX vs. NMAVX - Volatility Comparison
The current volatility for John Hancock Disciplined Value Mid Cap Fund Class R6 (JVMRX) is 3.48%, while Nuance Mid Cap Value Fund (NMAVX) has a volatility of 4.63%. This indicates that JVMRX experiences smaller price fluctuations and is considered to be less risky than NMAVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JVMRX | NMAVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 4.63% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 9.24% | 8.90% | +0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.93% | 11.88% | +1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.32% | 13.41% | +4.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 14.95% | +5.27% |
JVMRX vs. NMAVX - Expense Ratio Comparison
JVMRX has a 0.74% expense ratio, which is lower than NMAVX's 1.22% expense ratio.
Dividends
JVMRX vs. NMAVX - Dividend Comparison
JVMRX's dividend yield for the trailing twelve months is around 8.40%, more than NMAVX's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JVMRX John Hancock Disciplined Value Mid Cap Fund Class R6 | 8.40% | 9.36% | 12.17% | 4.12% | 5.38% | 6.78% | 1.22% | 2.49% | 14.01% | 5.94% | 1.91% | 5.88% |
NMAVX Nuance Mid Cap Value Fund | 0.86% | 1.00% | 7.55% | 1.78% | 9.05% | 11.98% | 0.61% | 5.91% | 7.16% | 7.05% | 1.83% | 4.24% |
Frequently Asked Questions
JVMRX and NMAVX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NMAVX has higher volatility (4.63%) compared to JVMRX (3.48%). In terms of maximum drawdown, JVMRX dropped -42.63% vs NMAVX's -30.93%.
JVMRX currently has the higher Sharpe Ratio (1.13 vs 1.10), 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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