Correlation
The correlation between PZFVX and VOO is 0.82, 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.
PZFVX vs. VOO
Compare and contrast key facts about John Hancock Classic Value Fund (PZFVX) and Vanguard S&P 500 ETF (VOO).
PZFVX is managed by John Hancock. It was launched on Jun 24, 1996. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PZFVX or VOO.
Performance
PZFVX vs. VOO - Performance Comparison
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Key characteristics
PZFVX:
0.30
VOO:
0.74
PZFVX:
0.52
VOO:
1.04
PZFVX:
1.07
VOO:
1.15
PZFVX:
0.30
VOO:
0.68
PZFVX:
1.02
VOO:
2.58
PZFVX:
5.21%
VOO:
4.93%
PZFVX:
20.35%
VOO:
19.54%
PZFVX:
-72.29%
VOO:
-33.99%
PZFVX:
-6.22%
VOO:
-3.55%
Returns By Period
In the year-to-date period, PZFVX achieves a 1.27% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, PZFVX has underperformed VOO with an annualized return of 6.96%, while VOO has yielded a comparatively higher 12.81% annualized return.
PZFVX
1.27%
3.79%
-4.24%
3.86%
4.80%
15.95%
6.96%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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PZFVX vs. VOO - Expense Ratio Comparison
PZFVX has a 1.12% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PZFVX vs. VOO — Risk-Adjusted Performance Rank
PZFVX
VOO
PZFVX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Classic Value Fund (PZFVX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
PZFVX vs. VOO - Dividend Comparison
PZFVX's dividend yield for the trailing twelve months is around 51.92%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PZFVX John Hancock Classic Value Fund | 51.92% | 52.58% | 6.33% | 19.26% | 0.58% | 1.29% | 4.56% | 2.43% | 0.95% | 1.78% | 1.41% | 0.83% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PZFVX vs. VOO - Drawdown Comparison
The maximum PZFVX drawdown since its inception was -72.29%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PZFVX and VOO.
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Volatility
PZFVX vs. VOO - Volatility Comparison
John Hancock Classic Value Fund (PZFVX) has a higher volatility of 5.33% compared to Vanguard S&P 500 ETF (VOO) at 4.84%. This indicates that PZFVX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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