SAHMX vs. JIJIX

Last updated Jun 4, 2026

SAHMX (SA International Value Fund) and JIJIX (John Hancock International Dynamic Growth Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, SAHMX returned 13.17%/yr vs 11.05%/yr for JIJIX. A 0.53 correlation means they provide meaningful diversification when combined. SAHMX charges 1.11%/yr vs 0.95%/yr for JIJIX.

Performance

SAHMX vs. JIJIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SA International Value Fund (SAHMX) and John Hancock International Dynamic Growth Fund (JIJIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAHMX achieves a 11.49% return, which is significantly lower than JIJIX's 26.05% return.

SAHMX

• 1D: 0.46%
• 1M: 2.20%
• YTD: 11.49%
• 6M: 15.65%
• 1Y: 34.83%
• 3Y*: 22.94%
• 5Y*: 13.17%
• 10Y*: 10.86%

JIJIX

• 1D: 0.92%
• 1M: 8.42%
• YTD: 26.05%
• 6M: 28.44%
• 1Y: 39.30%
• 3Y*: 27.22%
• 5Y*: 11.05%
• 10Y*: —

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

SAHMX vs. JIJIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SAHMX SA International Value Fund	11.49%	44.08%	5.44%	16.49%	-3.70%	17.59%	-2.48%	5.57%
JIJIX John Hancock International Dynamic Growth Fund	26.05%	23.10%	24.88%	18.92%	-31.47%	17.94%	36.58%	13.65%

Correlation

The correlation between SAHMX and JIJIX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since May 8, 2019	0.53

The correlation between SAHMX and JIJIX has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.

Return for Risk

SAHMX vs. JIJIX — Risk / Return Rank

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

SAHMX

SAHMX Risk / Return Rank: 87
SAHMX Sharpe Ratio Rank: 92
SAHMX Sortino Ratio Rank: 89
SAHMX Omega Ratio Rank: 84
SAHMX Calmar Ratio Rank: 88
SAHMX Martin Ratio Rank: 79

JIJIX

JIJIX Risk / Return Rank: 37
JIJIX Sharpe Ratio Rank: 34
JIJIX Sortino Ratio Rank: 31
JIJIX Omega Ratio Rank: 34
JIJIX Calmar Ratio Rank: 42
JIJIX Martin Ratio Rank: 45

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.

SAHMX vs. JIJIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SA International Value Fund (SAHMX) and John Hancock International Dynamic Growth Fund (JIJIX). 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.

	SAHMX	JIJIX	Difference
Sharpe ratio: Return per unit of total volatility	3.14	1.68	+1.46
Sortino ratio: Return per unit of downside risk	4.32	2.33	+1.99
Omega ratio: Gain probability vs. loss probability	1.57	1.31	+0.27
Calmar ratio: Return relative to maximum drawdown	4.40	2.43	+1.97
Martin ratio: Return relative to average drawdown	14.82	9.53	+5.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAHMX vs. JIJIX - Sharpe Ratio Comparison

The current SAHMX Sharpe Ratio is 3.14, which is higher than the JIJIX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of SAHMX and JIJIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SAHMX	JIJIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.14	1.68	+1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.54	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.74	-0.40

Drawdowns

SAHMX vs. JIJIX - Drawdown Comparison

The maximum SAHMX drawdown since its inception was -66.58%, which is greater than JIJIX's maximum drawdown of -41.80%. Use the drawdown chart below to compare losses from any high point for SAHMX and JIJIX.

Drawdown Indicators

	SAHMX	JIJIX	Difference
Max Drawdown Largest peak-to-trough decline	-66.58%	-41.80%	-24.78%
Max Drawdown (1Y) Largest decline over 1 year	-8.72%	-16.01%	+7.29%
Max Drawdown (3Y) Largest decline over 3 years	-14.85%	-18.04%	+3.19%
Max Drawdown (5Y) Largest decline over 5 years	-25.10%	-41.80%	+16.70%
Max Drawdown (10Y) Largest decline over 10 years	-48.63%	—	—
Current Drawdown Current decline from peak	-1.12%	0.00%	-1.12%
Average Drawdown Average peak-to-trough decline	-16.18%	-11.43%	-4.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.47%	4.08%	-1.61%

Volatility

SAHMX vs. JIJIX - Volatility Comparison

The current volatility for SA International Value Fund (SAHMX) is 2.81%, while John Hancock International Dynamic Growth Fund (JIJIX) has a volatility of 9.86%. This indicates that SAHMX experiences smaller price fluctuations and is considered to be less risky than JIJIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAHMX	JIJIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	9.86%	-7.05%
Volatility (6M) Calculated over the trailing 6-month period	9.26%	20.60%	-11.34%
Volatility (1Y) Calculated over the trailing 1-year period	12.24%	23.25%	-11.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	20.48%	-4.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.45%	22.11%	-5.66%

SAHMX vs. JIJIX - Expense Ratio Comparison

SAHMX has a 1.11% expense ratio, which is higher than JIJIX's 0.95% expense ratio.

Dividends

SAHMX vs. JIJIX - Dividend Comparison

SAHMX's dividend yield for the trailing twelve months is around 4.80%, more than JIJIX's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JIJIX John Hancock International Dynamic Growth Fund	2.33%	2.94%	0.13%	0.22%	0.79%	30.17%	5.62%	0.20%	0.00%	0.00%	0.00%	0.00%
SAHMX SA International Value Fund	4.80%	5.35%	3.57%	3.46%	4.06%	3.05%	2.09%	3.66%	1.93%	2.46%	2.89%	1.91%

Frequently Asked Questions

Can I hold both SAHMX and JIJIX in my portfolio?

SAHMX and JIJIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAHMX or JIJIX?

JIJIX has higher volatility (9.86%) compared to SAHMX (2.81%). In terms of maximum drawdown, SAHMX dropped -66.58% vs JIJIX's -41.80%.

Which has better risk-adjusted returns?

SAHMX currently has the higher Sharpe Ratio (3.14 vs 1.68), 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.