TFAFX vs. JAAAX
Compare and contrast key facts about Tactical Growth Allocation Fund (TFAFX) and John Hancock Funds Alternative Asset Allocation Fund (JAAAX).
TFAFX is managed by Tactical Fund Advisors. It was launched on Jun 9, 2019. JAAAX is managed by John Hancock. It was launched on Jan 1, 2009.
Performance
TFAFX vs. JAAAX - Performance Comparison
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TFAFX vs. JAAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TFAFX Tactical Growth Allocation Fund | -6.64% | 11.54% | 20.19% | 19.64% | -24.11% | 16.14% | 7.88% | 3.73% |
JAAAX John Hancock Funds Alternative Asset Allocation Fund | 2.10% | 6.18% | 6.59% | 5.85% | -3.12% | 4.77% | 4.36% | 3.88% |
Returns By Period
In the year-to-date period, TFAFX achieves a -6.64% return, which is significantly lower than JAAAX's 2.10% return.
TFAFX
- 1D
- -0.41%
- 1M
- -6.71%
- YTD
- -6.64%
- 6M
- -5.47%
- 1Y
- 10.11%
- 3Y*
- 12.27%
- 5Y*
- 5.39%
- 10Y*
- —
JAAAX
- 1D
- -0.06%
- 1M
- -2.02%
- YTD
- 2.10%
- 6M
- 3.22%
- 1Y
- 7.80%
- 3Y*
- 6.27%
- 5Y*
- 4.12%
- 10Y*
- 4.00%
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TFAFX vs. JAAAX - Expense Ratio Comparison
TFAFX has a 1.96% expense ratio, which is higher than JAAAX's 0.72% expense ratio.
Return for Risk
TFAFX vs. JAAAX — Risk / Return Rank
TFAFX
JAAAX
TFAFX vs. JAAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tactical Growth Allocation Fund (TFAFX) and John Hancock Funds Alternative Asset Allocation Fund (JAAAX). 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.
| TFAFX | JAAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 1.68 | -1.00 |
Sortino ratioReturn per unit of downside risk | 0.98 | 2.25 | -1.27 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.37 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.86 | 1.67 | -0.81 |
Martin ratioReturn relative to average drawdown | 3.19 | 8.43 | -5.24 |
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
| TFAFX | JAAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 1.68 | -1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.98 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.84 | -0.42 |
Correlation
The correlation between TFAFX and JAAAX is 0.79, 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.
Dividends
TFAFX vs. JAAAX - Dividend Comparison
TFAFX has not paid dividends to shareholders, while JAAAX's dividend yield for the trailing twelve months is around 1.50%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFAFX Tactical Growth Allocation Fund | 0.00% | 0.00% | 0.00% | 0.20% | 3.71% | 12.30% | 4.64% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
JAAAX John Hancock Funds Alternative Asset Allocation Fund | 1.50% | 1.53% | 1.17% | 1.71% | 3.02% | 1.72% | 0.74% | 3.38% | 1.99% | 1.23% | 0.77% | 2.78% |
Drawdowns
TFAFX vs. JAAAX - Drawdown Comparison
The maximum TFAFX drawdown since its inception was -25.67%, which is greater than JAAAX's maximum drawdown of -15.72%. Use the drawdown chart below to compare losses from any high point for TFAFX and JAAAX.
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Drawdown Indicators
| TFAFX | JAAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.67% | -15.72% | -9.95% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -4.43% | -5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -25.67% | -6.28% | -19.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -12.64% | — |
Current DrawdownCurrent decline from peak | -9.30% | -2.02% | -7.28% |
Average DrawdownAverage peak-to-trough decline | -7.47% | -2.06% | -5.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 0.88% | +2.23% |
Volatility
TFAFX vs. JAAAX - Volatility Comparison
Tactical Growth Allocation Fund (TFAFX) has a higher volatility of 4.64% compared to John Hancock Funds Alternative Asset Allocation Fund (JAAAX) at 1.04%. This indicates that TFAFX's price experiences larger fluctuations and is considered to be riskier than JAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TFAFX | JAAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 1.04% | +3.60% |
Volatility (6M)Calculated over the trailing 6-month period | 10.19% | 2.72% | +7.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.65% | 4.72% | +12.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.76% | 4.21% | +10.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.48% | 4.37% | +10.11% |