TTDAX vs. JAKVX

Last updated Apr 3, 2026

Compare and contrast key facts about Toews Tactical Defensive Alpha Fund (TTDAX) and John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX).

TTDAX is managed by Toews Funds. It was launched on Jan 6, 2016. JAKVX is an actively managed fund by John Hancock. It was launched on Apr 11, 2014.

Performance

TTDAX vs. JAKVX - 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 R6 (JAKVX). The values are adjusted to include any dividend payments, if applicable.

TTDAX vs. JAKVX - Yearly Performance Comparison

	2026 (YTD)	2025
TTDAX Toews Tactical Defensive Alpha Fund	-5.84%	15.44%
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	6.71%	17.29%

Returns By Period

In the year-to-date period, TTDAX achieves a -5.84% return, which is significantly lower than JAKVX's 6.71% return.

TTDAX

• 1D: 0.00%
• 1M: -5.49%
• YTD: -5.84%
• 6M: -3.27%
• 1Y: 8.81%
• 3Y*: 4.93%
• 5Y*: 0.27%
• 10Y*: —

JAKVX

• 1D: 0.76%
• 1M: -0.17%
• YTD: 6.71%
• 6M: 8.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTDAX vs. JAKVX - Expense Ratio Comparison

TTDAX has a 1.25% expense ratio, which is lower than JAKVX's 1.54% expense ratio.

JAKVX

John Hancock Disciplined Value Global Long/Short Fund Class R6

TTDAX

Toews Tactical Defensive Alpha Fund

Return for Risk

TTDAX vs. JAKVX — Risk / Return Rank

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

TTDAX

TTDAX Risk / Return Rank: 34
TTDAX Sharpe Ratio Rank: 34
TTDAX Sortino Ratio Rank: 30
TTDAX Omega Ratio Rank: 29
TTDAX Calmar Ratio Rank: 32
TTDAX 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.

TTDAX vs. JAKVX - 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 R6 (JAKVX). 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.

	TTDAX	JAKVX	Difference
Sharpe ratio Return per unit of total volatility	0.88	—	—
Sortino ratio Return per unit of downside risk	1.26	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.21	—	—
Martin ratio Return relative to average drawdown	5.70	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TTDAX	JAKVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	3.80	-3.46

Correlation

The correlation between TTDAX and JAKVX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TTDAX vs. JAKVX - Dividend Comparison

TTDAX's dividend yield for the trailing twelve months is around 2.20%, less than JAKVX's 7.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
JAKVX John Hancock Disciplined Value Global Long/Short Fund Class R6	7.94%	8.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TTDAX vs. JAKVX - Drawdown Comparison

The maximum TTDAX drawdown since its inception was -34.31%, which is greater than JAKVX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for TTDAX and JAKVX.

Drawdown Indicators

	TTDAX	JAKVX	Difference
Max Drawdown Largest peak-to-trough decline	-34.31%	-5.16%	-29.15%
Max Drawdown (1Y) Largest decline over 1 year	-7.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.09%	—	—
Current Drawdown Current decline from peak	-7.30%	-2.66%	-4.64%
Average Drawdown Average peak-to-trough decline	-7.03%	-0.82%	-6.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	—	—

Volatility

Volatility by Period

	TTDAX	JAKVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.94%	7.25%	+3.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.37%	7.25%	+6.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.52%	7.25%	+9.27%