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PRTLX vs. JRLVX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PRTLX vs. JRLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam RetirementReady 2055 Fund (PRTLX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). The values are adjusted to include any dividend payments, if applicable.

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PRTLX vs. JRLVX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PRTLX
Putnam RetirementReady 2055 Fund
-7.18%13.42%15.59%22.31%-15.71%17.39%14.17%20.75%-9.44%20.69%
JRLVX
John Hancock Funds Multi-Index 2045 Lifetime Portfolio
-3.42%19.25%14.50%18.00%-18.06%18.45%16.23%25.03%-8.29%17.40%

Returns By Period

In the year-to-date period, PRTLX achieves a -7.18% return, which is significantly lower than JRLVX's -3.42% return. Over the past 10 years, PRTLX has underperformed JRLVX with an annualized return of 9.19%, while JRLVX has yielded a comparatively higher 9.91% annualized return.


PRTLX

1D
-0.29%
1M
-7.30%
YTD
-7.18%
6M
-5.06%
1Y
9.76%
3Y*
11.87%
5Y*
7.08%
10Y*
9.19%

JRLVX

1D
-0.25%
1M
-8.07%
YTD
-3.42%
6M
-0.73%
1Y
16.15%
3Y*
13.74%
5Y*
7.47%
10Y*
9.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PRTLX vs. JRLVX - Expense Ratio Comparison

PRTLX has a 0.03% expense ratio, which is higher than JRLVX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

PRTLX vs. JRLVX — Risk / Return Rank

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

PRTLX
PRTLX Risk / Return Rank: 2626
Overall Rank
PRTLX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
PRTLX Sortino Ratio Rank: 2424
Sortino Ratio Rank
PRTLX Omega Ratio Rank: 2626
Omega Ratio Rank
PRTLX Calmar Ratio Rank: 2323
Calmar Ratio Rank
PRTLX Martin Ratio Rank: 2828
Martin Ratio Rank

JRLVX
JRLVX Risk / Return Rank: 5959
Overall Rank
JRLVX Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
JRLVX Sortino Ratio Rank: 5858
Sortino Ratio Rank
JRLVX Omega Ratio Rank: 5959
Omega Ratio Rank
JRLVX Calmar Ratio Rank: 5353
Calmar Ratio Rank
JRLVX Martin Ratio Rank: 6666
Martin Ratio Rank
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.

PRTLX vs. JRLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam RetirementReady 2055 Fund (PRTLX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). 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.


PRTLXJRLVXDifference

Sharpe ratio

Return per unit of total volatility

0.69

1.07

-0.38

Sortino ratio

Return per unit of downside risk

0.98

1.57

-0.58

Omega ratio

Gain probability vs. loss probability

1.14

1.23

-0.09

Calmar ratio

Return relative to maximum drawdown

0.69

1.30

-0.61

Martin ratio

Return relative to average drawdown

3.12

6.28

-3.15

PRTLX vs. JRLVX - Sharpe Ratio Comparison

The current PRTLX Sharpe Ratio is 0.69, which is lower than the JRLVX Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of PRTLX and JRLVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PRTLXJRLVXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.69

1.07

-0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.51

0.51

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.62

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.57

-0.05

Correlation

The correlation between PRTLX and JRLVX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

PRTLX vs. JRLVX - Dividend Comparison

PRTLX's dividend yield for the trailing twelve months is around 1.81%, less than JRLVX's 3.68% yield.


TTM20252024202320222021202020192018201720162015
PRTLX
Putnam RetirementReady 2055 Fund
1.81%1.68%1.20%1.60%10.10%12.83%1.09%7.44%15.18%5.47%1.14%9.07%
JRLVX
John Hancock Funds Multi-Index 2045 Lifetime Portfolio
3.68%3.55%1.89%2.24%8.03%6.00%4.26%8.99%10.96%4.29%3.40%1.90%

Drawdowns

PRTLX vs. JRLVX - Drawdown Comparison

The maximum PRTLX drawdown since its inception was -28.52%, smaller than the maximum JRLVX drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for PRTLX and JRLVX.


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Drawdown Indicators


PRTLXJRLVXDifference

Max Drawdown

Largest peak-to-trough decline

-28.52%

-32.53%

+4.01%

Max Drawdown (1Y)

Largest decline over 1 year

-11.53%

-11.23%

-0.30%

Max Drawdown (5Y)

Largest decline over 5 years

-21.71%

-25.64%

+3.93%

Max Drawdown (10Y)

Largest decline over 10 years

-28.52%

-32.53%

+4.01%

Current Drawdown

Current decline from peak

-8.87%

-8.50%

-0.37%

Average Drawdown

Average peak-to-trough decline

-5.62%

-4.61%

-1.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.54%

2.33%

+0.21%

Volatility

PRTLX vs. JRLVX - Volatility Comparison

The current volatility for Putnam RetirementReady 2055 Fund (PRTLX) is 4.27%, while John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) has a volatility of 4.70%. This indicates that PRTLX experiences smaller price fluctuations and is considered to be less risky than JRLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRTLXJRLVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.27%

4.70%

-0.43%

Volatility (6M)

Calculated over the trailing 6-month period

8.39%

8.47%

-0.08%

Volatility (1Y)

Calculated over the trailing 1-year period

14.07%

15.32%

-1.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.89%

14.69%

-0.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.55%

15.94%

-1.39%