PZFVX vs. IVV
Compare and contrast key facts about John Hancock Classic Value Fund (PZFVX) and iShares Core S&P 500 ETF (IVV).
PZFVX is managed by John Hancock. It was launched on Jun 24, 1996. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PZFVX or IVV.
Correlation
The correlation between PZFVX and IVV is 0.83, 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.
Performance
PZFVX vs. IVV - Performance Comparison
Key characteristics
PZFVX:
-0.77
IVV:
1.88
PZFVX:
-0.72
IVV:
2.53
PZFVX:
0.79
IVV:
1.34
PZFVX:
-0.63
IVV:
2.83
PZFVX:
-1.87
IVV:
11.73
PZFVX:
14.23%
IVV:
2.03%
PZFVX:
34.72%
IVV:
12.65%
PZFVX:
-75.46%
IVV:
-55.25%
PZFVX:
-38.19%
IVV:
0.00%
Returns By Period
In the year-to-date period, PZFVX achieves a 6.29% return, which is significantly higher than IVV's 4.62% return. Over the past 10 years, PZFVX has underperformed IVV with an annualized return of 0.82%, while IVV has yielded a comparatively higher 13.29% annualized return.
PZFVX
6.29%
1.79%
-28.13%
-26.31%
-3.33%
0.82%
IVV
4.62%
2.60%
10.01%
25.06%
14.79%
13.29%
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PZFVX vs. IVV - Expense Ratio Comparison
PZFVX has a 1.12% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
PZFVX vs. IVV — Risk-Adjusted Performance Rank
PZFVX
IVV
PZFVX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Classic Value Fund (PZFVX) and iShares Core S&P 500 ETF (IVV). 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.
Dividends
PZFVX vs. IVV - Dividend Comparison
PZFVX's dividend yield for the trailing twelve months is around 3.71%, more than IVV's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PZFVX John Hancock Classic Value Fund | 3.71% | 3.94% | 1.38% | 1.93% | 0.58% | 1.29% | 2.40% | 1.41% | 0.95% | 1.78% | 1.41% | 0.83% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
PZFVX vs. IVV - Drawdown Comparison
The maximum PZFVX drawdown since its inception was -75.46%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PZFVX and IVV. For additional features, visit the drawdowns tool.
Volatility
PZFVX vs. IVV - Volatility Comparison
John Hancock Classic Value Fund (PZFVX) has a higher volatility of 3.29% compared to iShares Core S&P 500 ETF (IVV) at 2.99%. This indicates that PZFVX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.