TTDAX vs. JAKRX

Last updated Jun 25, 2026

TTDAX (Toews Tactical Defensive Alpha Fund) and JAKRX (John Hancock Disciplined Value Global Long/Short Fund Class A) are both Long-Short funds. At a 0.41 correlation, their price movements are largely independent. TTDAX charges 1.25%/yr vs 1.91%/yr for JAKRX.

Performance

TTDAX vs. JAKRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Toews Tactical Defensive Alpha Fund (TTDAX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TTDAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JAKRX

• 1D: -0.62%
• 1M: -2.72%
• YTD: 9.01%
• 6M: 9.01%
• 1Y: 18.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTDAX vs. JAKRX - Yearly Performance Comparison

	2026 (YTD)	2025
TTDAX Toews Tactical Defensive Alpha Fund	-5.84%	15.56%
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	9.01%	17.04%

Correlation

The correlation between TTDAX and JAKRX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025	0.41

Return for Risk

TTDAX vs. JAKRX — Risk / Return Rank

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

TTDAX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

JAKRX

JAKRX Risk / Return Rank: 80
JAKRX Sharpe Ratio Rank: 84
JAKRX Sortino Ratio Rank: 81
JAKRX Omega Ratio Rank: 81
JAKRX Calmar Ratio Rank: 85
JAKRX Martin Ratio Rank: 70

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.

TTDAX vs. JAKRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Toews Tactical Defensive Alpha Fund (TTDAX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TTDAX	JAKRX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.49	—
Sortino ratio: Return per unit of downside risk	—	3.48	—
Omega ratio: Gain probability vs. loss probability	—	1.48	—
Calmar ratio: Return relative to maximum drawdown	—	3.73	—
Martin ratio: Return relative to average drawdown	—	12.24	—

Drawdowns

Drawdown Indicators

	TTDAX	JAKRX	Difference
Max Drawdown Largest peak-to-trough decline	—	-5.16%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-5.16%	—
Current Drawdown Current decline from peak	—	-4.26%	—
Average Drawdown Average peak-to-trough decline	—	-0.86%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.57%	—

Volatility

Volatility by Period

	TTDAX	JAKRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	7.74%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	7.53%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	7.53%	—

TTDAX vs. JAKRX - Expense Ratio Comparison

TTDAX has a 1.25% expense ratio, which is lower than JAKRX's 1.91% expense ratio.

Dividends

TTDAX vs. JAKRX - Dividend Comparison

TTDAX's dividend yield for the trailing twelve months is around 2.20%, less than JAKRX's 7.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	7.43%	8.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TTDAX Toews Tactical Defensive Alpha Fund	2.20%	2.07%	3.30%	2.56%	1.03%	26.63%	4.08%	7.49%	1.35%	13.58%

Frequently Asked Questions

Can I hold both TTDAX and JAKRX in my portfolio?

TTDAX and JAKRX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.