JVMRX vs. TAUSX

Last updated Jul 11, 2026

JVMRX (John Hancock Disciplined Value Mid Cap Fund Class R6) and TAUSX (John Hancock Investment Grade Bond Fund) are both mutual funds - JVMRX is a Mid Cap Value Equities fund tracking the Russell Mid Cap Value Index, while TAUSX is a Intermediate Core Bond fund managed by John Hancock. Over the past 10 years, JVMRX returned 10.79%/yr vs 1.36%/yr for TAUSX. At a correlation of -0.10, they often move in opposite directions. Both charge a 0.74% expense ratio.

Performance

JVMRX vs. TAUSX - 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 John Hancock Investment Grade Bond Fund (TAUSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JVMRX achieves a 11.40% return, which is significantly higher than TAUSX's -0.13% return. Over the past 10 years, JVMRX has outperformed TAUSX with an annualized return of 10.79%, while TAUSX has yielded a comparatively lower 1.36% 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%

TAUSX

• 1D: 0.11%
• 1M: -0.22%
• 6M: -0.34%
• YTD: -0.13%
• 1Y: 4.10%
• 3Y*: 3.81%
• 5Y*: -0.79%
• 10Y*: 1.36%

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

JVMRX vs. TAUSX - 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%
TAUSX John Hancock Investment Grade Bond Fund	-0.13%	7.38%	0.94%	4.76%	-14.69%	-1.49%	9.52%	8.71%	-0.38%	3.88%

Correlation

The correlation between JVMRX and TAUSX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Aug 31, 2011	-0.10

The correlation between JVMRX and TAUSX shifts across timeframes, from -0.10 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JVMRX vs. TAUSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JVMRX

JVMRX Risk / Return Rank: 30
JVMRX Sharpe Ratio Rank: 28
JVMRX Sortino Ratio Rank: 30
JVMRX Omega Ratio Rank: 26
JVMRX Calmar Ratio Rank: 33
JVMRX Martin Ratio Rank: 31

TAUSX

TAUSX Risk / Return Rank: 18
TAUSX Sharpe Ratio Rank: 19
TAUSX Sortino Ratio Rank: 18
TAUSX Omega Ratio Rank: 18
TAUSX Calmar Ratio Rank: 18
TAUSX Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JVMRX vs. TAUSX - 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 John Hancock Investment Grade Bond Fund (TAUSX). 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	TAUSX	Difference
Sharpe ratio: Return per unit of total volatility	1.13	0.91	+0.22
Sortino ratio: Return per unit of downside risk	1.73	1.34	+0.39
Omega ratio: Gain probability vs. loss probability	1.20	1.16	+0.04
Calmar ratio: Return relative to maximum drawdown	1.70	1.13	+0.56
Martin ratio: Return relative to average drawdown	5.45	3.08	+2.38

JVMRX vs. TAUSX - Sharpe Ratio Comparison

The current JVMRX Sharpe Ratio is 1.13, which is comparable to the TAUSX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of JVMRX and TAUSX, 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. TAUSX - Drawdown Comparison

The maximum JVMRX drawdown since its inception was -42.63%, which is greater than TAUSX's maximum drawdown of -19.90%. Use the drawdown chart below to compare losses from any high point for JVMRX and TAUSX.

Drawdown Indicators

	JVMRX	TAUSX	Difference
Max Drawdown Largest peak-to-trough decline	-42.63%	-19.90%	-22.73%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-3.23%	-5.38%
Max Drawdown (3Y) Largest decline over 3 years	-21.18%	-7.29%	-13.89%
Max Drawdown (5Y) Largest decline over 5 years	-21.18%	-19.90%	-1.28%
Max Drawdown (10Y) Largest decline over 10 years	-42.63%	-19.90%	-22.73%
Current Drawdown Current decline from peak	-0.71%	-4.72%	+4.01%
Average Drawdown Average peak-to-trough decline	-4.34%	-2.38%	-1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	1.19%	+1.48%

Volatility

JVMRX vs. TAUSX - Volatility Comparison

John Hancock Disciplined Value Mid Cap Fund Class R6 (JVMRX) has a higher volatility of 3.48% compared to John Hancock Investment Grade Bond Fund (TAUSX) at 1.17%. This indicates that JVMRX's price experiences larger fluctuations and is considered to be riskier than TAUSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JVMRX	TAUSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	1.17%	+2.31%
Volatility (6M) Calculated over the trailing 6-month period	9.24%	3.17%	+6.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.93%	4.03%	+8.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.32%	6.08%	+12.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.22%	5.01%	+15.21%

JVMRX vs. TAUSX - Expense Ratio Comparison

Both JVMRX and TAUSX have an expense ratio of 0.74%.

Dividends

JVMRX vs. TAUSX - Dividend Comparison

JVMRX's dividend yield for the trailing twelve months is around 8.40%, more than TAUSX's 4.08% 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%
TAUSX John Hancock Investment Grade Bond Fund	4.08%	3.99%	3.40%	2.64%	2.50%	2.25%	4.49%	2.83%	2.83%	2.65%	2.66%	2.88%

Frequently Asked Questions

Can I hold both JVMRX and TAUSX in my portfolio?

JVMRX and TAUSX have a correlation of 0.34, 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 TAUSX?

JVMRX has higher volatility (3.48%) compared to TAUSX (1.17%). In terms of maximum drawdown, JVMRX dropped -42.63% vs TAUSX's -19.90%.

Which has better risk-adjusted returns?

JVMRX currently has the higher Sharpe Ratio (1.13 vs 0.91), 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.