TVRIX vs. USGLX
TVRIX (Guggenheim Directional Allocation Fund) and USGLX (John Hancock U.S. Global Leaders Growth Fund) are both Large Cap Growth Equities funds. Over the past 10 years, TVRIX returned 9.74%/yr vs 11.18%/yr for USGLX. Their correlation of 0.83 means they have usually moved in the same direction. TVRIX charges 1.09%/yr vs 1.13%/yr for USGLX.
Performance
TVRIX vs. USGLX - Performance Comparison
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Returns By Period
In the year-to-date period, TVRIX achieves a 10.18% return, which is significantly higher than USGLX's -1.10% return. Over the past 10 years, TVRIX has underperformed USGLX with an annualized return of 9.74%, while USGLX has yielded a comparatively higher 11.18% annualized return.
TVRIX
- 1D
- 1.22%
- 1M
- 0.40%
- 6M
- 9.99%
- YTD
- 10.18%
- 1Y
- 18.92%
- 3Y*
- 13.70%
- 5Y*
- 6.18%
- 10Y*
- 9.74%
- ALL TIME*
- 10.19%
USGLX
- 1D
- 1.78%
- 1M
- 2.84%
- 6M
- 4.50%
- YTD
- -1.10%
- 1Y
- -1.07%
- 3Y*
- 9.15%
- 5Y*
- 2.22%
- 10Y*
- 11.18%
- ALL TIME*
- 9.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TVRIX vs. USGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TVRIX Guggenheim Directional Allocation Fund | 10.18% | 13.83% | 7.87% | 11.00% | -17.53% | 27.30% | 5.08% | 30.45% | -7.53% | 23.45% |
USGLX John Hancock U.S. Global Leaders Growth Fund | -1.10% | 2.94% | 18.17% | 29.14% | -29.76% | 19.18% | 35.40% | 33.07% | 3.35% | 25.38% |
Correlation
The correlation between TVRIX and USGLX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2012 | 0.83 |
The correlation between TVRIX and USGLX shifts across timeframes, from 0.72 (1 year) to 0.84 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
TVRIX vs. USGLX — Risk / Return Rank
TVRIX
USGLX
TVRIX vs. USGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Directional Allocation Fund (TVRIX) and John Hancock U.S. Global Leaders Growth Fund (USGLX). 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.
| TVRIX | USGLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.72 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.02 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 0.02 | +2.40 |
| Martin ratioReturn relative to average drawdown | 9.81 | 0.07 | +9.75 |
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Drawdowns
TVRIX vs. USGLX - Drawdown Comparison
The maximum TVRIX drawdown since its inception was -39.36%, smaller than the maximum USGLX drawdown of -46.82%. Use the drawdown chart below to compare losses from any high point for TVRIX and USGLX.
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Drawdown Indicators
| TVRIX | USGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.36% | -46.82% | +7.46% |
Max Drawdown (1Y)Largest decline over 1 year | -8.45% | -15.97% | +7.52% |
Max Drawdown (3Y)Largest decline over 3 years | -24.87% | -25.58% | +0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | -36.80% | +11.93% |
Max Drawdown (10Y)Largest decline over 10 years | -39.36% | -36.80% | -2.56% |
Current DrawdownCurrent decline from peak | -1.73% | -11.95% | +10.22% |
Average DrawdownAverage peak-to-trough decline | -6.01% | -7.44% | +1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 5.91% | -3.82% |
Volatility
TVRIX vs. USGLX - Volatility Comparison
The current volatility for Guggenheim Directional Allocation Fund (TVRIX) is 3.77%, while John Hancock U.S. Global Leaders Growth Fund (USGLX) has a volatility of 3.99%. This indicates that TVRIX experiences smaller price fluctuations and is considered to be less risky than USGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TVRIX | USGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 3.99% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 10.86% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.73% | 14.01% | -2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 21.10% | -6.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.83% | 20.24% | -2.41% |
TVRIX vs. USGLX - Expense Ratio Comparison
TVRIX has a 1.09% expense ratio, which is lower than USGLX's 1.13% expense ratio.
Dividends
TVRIX vs. USGLX - Dividend Comparison
TVRIX's dividend yield for the trailing twelve months is around 8.75%, less than USGLX's 28.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TVRIX Guggenheim Directional Allocation Fund | 8.75% | 9.64% | 0.00% | 2.03% | 0.71% | 14.34% | 0.30% | 16.62% | 14.33% | 0.00% | 0.00% | 0.00% |
USGLX John Hancock U.S. Global Leaders Growth Fund | 28.70% | 28.38% | 15.79% | 0.00% | 0.00% | 8.75% | 11.38% | 6.76% | 13.55% | 7.34% | 5.42% | 6.57% |
Frequently Asked Questions
TVRIX and USGLX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USGLX has higher volatility (3.99%) compared to TVRIX (3.77%). In terms of maximum drawdown, TVRIX dropped -39.36% vs USGLX's -46.82%.
TVRIX currently has the higher Sharpe Ratio (1.75 vs 0.03), 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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