PWLIX vs. JAKRX

Last updated Apr 2, 2026

Compare and contrast key facts about PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX).

PWLIX is managed by PIMCO. It was launched on Dec 3, 2014. JAKRX is an actively managed fund by John Hancock. It was launched on Dec 31, 2013.

Performance

PWLIX vs. JAKRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). The values are adjusted to include any dividend payments, if applicable.

PWLIX vs. JAKRX - Yearly Performance Comparison

	2026 (YTD)	2025
PWLIX PIMCO RAE Worldwide Long/Short PLUS Fund	9.37%	-0.03%
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	5.78%	17.04%

Returns By Period

In the year-to-date period, PWLIX achieves a 9.37% return, which is significantly higher than JAKRX's 5.78% return.

PWLIX

• 1D: -0.12%
• 1M: 0.63%
• YTD: 9.37%
• 6M: 9.23%
• 1Y: 6.23%
• 3Y*: 8.04%
• 5Y*: 7.20%
• 10Y*: 5.82%

JAKRX

• 1D: 1.37%
• 1M: -3.19%
• YTD: 5.78%
• 6M: 7.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PWLIX vs. JAKRX - Expense Ratio Comparison

PWLIX has a 1.19% expense ratio, which is lower than JAKRX's 1.91% expense ratio.

JAKRX

John Hancock Disciplined Value Global Long/Short Fund Class A

PWLIX

PIMCO RAE Worldwide Long/Short PLUS Fund

Return for Risk

PWLIX vs. JAKRX — Risk / Return Rank

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

PWLIX

PWLIX Risk / Return Rank: 25
PWLIX Sharpe Ratio Rank: 24
PWLIX Sortino Ratio Rank: 22
PWLIX Omega Ratio Rank: 19
PWLIX Calmar Ratio Rank: 41
PWLIX Martin Ratio Rank: 18

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.

PWLIX vs. JAKRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). 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.

	PWLIX	JAKRX	Difference
Sharpe ratio Return per unit of total volatility	0.70	—	—
Sortino ratio Return per unit of downside risk	1.02	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	1.24	—	—
Martin ratio Return relative to average drawdown	2.36	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PWLIX	JAKRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.70	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	3.63	-3.09

Correlation

The correlation between PWLIX and JAKRX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

PWLIX vs. JAKRX - Dividend Comparison

PWLIX's dividend yield for the trailing twelve months is around 6.08%, less than JAKRX's 7.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PWLIX PIMCO RAE Worldwide Long/Short PLUS Fund	6.08%	6.65%	4.75%	5.51%	14.75%	11.99%	7.31%	6.79%	0.39%	10.82%	4.16%	3.61%
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	7.66%	8.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PWLIX vs. JAKRX - Drawdown Comparison

The maximum PWLIX drawdown since its inception was -26.92%, which is greater than JAKRX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for PWLIX and JAKRX.

Drawdown Indicators

	PWLIX	JAKRX	Difference
Max Drawdown Largest peak-to-trough decline	-26.92%	-5.16%	-21.76%
Max Drawdown (1Y) Largest decline over 1 year	-5.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.74%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-26.92%	—	—
Current Drawdown Current decline from peak	-0.12%	-3.46%	+3.34%
Average Drawdown Average peak-to-trough decline	-4.16%	-0.81%	-3.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	—	—

Volatility

Volatility by Period

	PWLIX	JAKRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.02%	7.21%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.86%	7.21%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.94%	7.21%	+1.73%