USD=X vs. JAAAX
USD=X (USD Cash) is a currency, while JAAAX (John Hancock Funds Alternative Asset Allocation Fund) is Multistrategy fund managed by John Hancock. Over the past 10 years, USD=X returned 0.00%/yr vs 4.16%/yr for JAAAX.
Performance
USD=X vs. JAAAX - Performance Comparison
Loading charts...
Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
JAAAX
- 1D
- -0.73%
- 1M
- -0.23%
- YTD
- 5.53%
- 6M
- 6.05%
- 1Y
- 10.39%
- 3Y*
- 7.08%
- 5Y*
- 4.19%
- 10Y*
- 4.16%
USD=X vs. JAAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JAAAX John Hancock Funds Alternative Asset Allocation Fund | 5.53% | 6.18% | 6.59% | 5.85% | -3.12% | 4.77% | 4.36% | 8.95% | -4.09% | 6.10% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
USD=X vs. JAAAX — Risk / Return Rank
USD=X
JAAAX
USD=X vs. JAAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| USD=X | JAAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.14 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.00 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.95 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.86 | — |
Drawdowns
USD=X vs. JAAAX - Drawdown Comparison
The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum JAAAX drawdown of -15.72%. Use the drawdown chart below to compare losses from any high point for USD=X and JAAAX.
Loading charts...
Drawdown Indicators
| USD=X | JAAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -15.72% | +15.72% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -2.02% | +2.02% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -5.66% | +5.66% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -6.28% | +6.28% |
Max Drawdown (10Y)Largest decline over 10 years | 0.00% | -12.64% | +12.64% |
Current DrawdownCurrent decline from peak | 0.00% | -0.79% | +0.79% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -2.04% | +2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 0.51% | -0.51% |
Volatility
USD=X vs. JAAAX - Volatility Comparison
The current volatility for USD Cash (USD=X) is 0.00%, while John Hancock Funds Alternative Asset Allocation Fund (JAAAX) has a volatility of 1.06%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than JAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USD=X | JAAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 1.06% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 2.62% | -2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 3.37% | -3.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 4.22% | -4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 4.38% | -4.38% |
Frequently Asked Questions
JAAAX has higher volatility (1.06%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs JAAAX's -15.72%.
Find the right allocation for USD=X and JAAAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer