SSBRX vs. JRLVX
SSBRX (State Street Target Retirement 2025 Fund) and JRLVX (John Hancock Funds Multi-Index 2045 Lifetime Portfolio) are both Target Retirement Date funds. Over the past 10 years, SSBRX returned 7.92%/yr vs 11.28%/yr for JRLVX. With a 0.95 correlation, they move nearly in lockstep. SSBRX charges 0.13%/yr vs 0.01%/yr for JRLVX.
Performance
SSBRX vs. JRLVX - Performance Comparison
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Returns By Period
In the year-to-date period, SSBRX achieves a 6.42% return, which is significantly lower than JRLVX's 11.53% return. Over the past 10 years, SSBRX has underperformed JRLVX with an annualized return of 7.92%, while JRLVX has yielded a comparatively higher 11.28% annualized return.
SSBRX
- 1D
- -0.30%
- 1M
- 1.44%
- YTD
- 6.42%
- 6M
- 6.59%
- 1Y
- 15.12%
- 3Y*
- 11.86%
- 5Y*
- 5.30%
- 10Y*
- 7.92%
JRLVX
- 1D
- -0.71%
- 1M
- 3.39%
- YTD
- 11.53%
- 6M
- 12.12%
- 1Y
- 26.43%
- 3Y*
- 18.62%
- 5Y*
- 9.25%
- 10Y*
- 11.28%
SSBRX vs. JRLVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSBRX State Street Target Retirement 2025 Fund | 6.42% | 12.93% | 8.73% | 13.61% | -15.51% | 10.03% | 14.68% | 20.73% | -5.47% | 14.32% |
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 11.53% | 19.25% | 14.50% | 18.00% | -18.06% | 18.45% | 16.23% | 25.03% | -8.29% | 17.40% |
Correlation
The correlation between SSBRX and JRLVX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2014 | 0.95 |
The correlation between SSBRX and JRLVX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
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Return for Risk
SSBRX vs. JRLVX — Risk / Return Rank
SSBRX
JRLVX
SSBRX vs. JRLVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement 2025 Fund (SSBRX) 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.
| SSBRX | JRLVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.43 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 3.16 | +0.34 |
| Martin ratioReturn relative to average drawdown | 15.97 | 14.03 | +1.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SSBRX | JRLVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.84 | 2.38 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.63 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.71 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.65 | +0.09 |
Drawdowns
SSBRX vs. JRLVX - Drawdown Comparison
The maximum SSBRX drawdown since its inception was -21.96%, smaller than the maximum JRLVX drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for SSBRX and JRLVX.
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Drawdown Indicators
| SSBRX | JRLVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.96% | -32.53% | +10.57% |
Max Drawdown (1Y)Largest decline over 1 year | -4.44% | -8.50% | +4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -7.48% | -15.27% | +7.79% |
Max Drawdown (5Y)Largest decline over 5 years | -21.13% | -25.64% | +4.51% |
Max Drawdown (10Y)Largest decline over 10 years | -21.96% | -32.53% | +10.57% |
Current DrawdownCurrent decline from peak | -0.30% | -0.71% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -4.56% | +0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 1.91% | -0.94% |
Volatility
SSBRX vs. JRLVX - Volatility Comparison
The current volatility for State Street Target Retirement 2025 Fund (SSBRX) is 1.76%, while John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) has a volatility of 3.41%. This indicates that SSBRX 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
| SSBRX | JRLVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 3.41% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 4.36% | 8.97% | -4.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.49% | 11.29% | -5.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.83% | 14.77% | -5.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.82% | 15.99% | -6.17% |
SSBRX vs. JRLVX - Expense Ratio Comparison
SSBRX has a 0.13% 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%.
Dividends
SSBRX vs. JRLVX - Dividend Comparison
SSBRX's dividend yield for the trailing twelve months is around 5.70%, more than JRLVX's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 3.19% | 3.55% | 1.89% | 2.24% | 8.03% | 6.00% | 4.26% | 8.99% | 10.96% | 4.29% | 3.40% | 1.90% |
SSBRX State Street Target Retirement 2025 Fund | 5.70% | 6.07% | 6.67% | 4.60% | 6.60% | 6.44% | 4.74% | 6.58% | 5.35% | 0.60% | 1.84% | 2.38% |
Frequently Asked Questions
With a correlation of 0.92, SSBRX and JRLVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JRLVX has higher volatility (3.41%) compared to SSBRX (1.76%). In terms of maximum drawdown, SSBRX dropped -21.96% vs JRLVX's -32.53%.
SSBRX currently has the higher Sharpe Ratio (2.84 vs 2.38), 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.
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