USGLX vs. BBLIX

Last updated Aug 1, 2026

USGLX (John Hancock U.S. Global Leaders Growth Fund) and BBLIX (BBH Select Series - Large Cap Fund) are both Large Cap Growth Equities funds. Over the past 5 years, USGLX returned 1.66%/yr vs 7.28%/yr for BBLIX. Their correlation of 0.85 means they have usually moved in the same direction. USGLX charges 1.13%/yr vs 0.70%/yr for BBLIX.

Performance

USGLX vs. BBLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock U.S. Global Leaders Growth Fund (USGLX) and BBH Select Series - Large Cap Fund (BBLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USGLX achieves a -4.06% return, which is significantly lower than BBLIX's 1.58% return.

USGLX

• 1D: 1.16%
• 1M: -0.24%
• 6M: -1.01%
• YTD: -4.06%
• 1Y: -2.62%
• 3Y*: 7.46%
• 5Y*: 1.66%
• 10Y*: 10.88%
• ALL TIME*: 9.67%

BBLIX

• 1D: 0.00%
• 1M: 0.00%
• 6M: 1.58%
• YTD: 1.58%
• 1Y: 5.32%
• 3Y*: 11.67%
• 5Y*: 7.28%
• 10Y*: —
• ALL TIME*: 9.95%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBLIX BBH Select Series - Large Cap Fund	$0.00	$0.00	$0.00
USGLX John Hancock U.S. Global Leaders Growth Fund	$0.00	$0.00	$0.00

USGLX vs. BBLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
USGLX John Hancock U.S. Global Leaders Growth Fund	-4.06%	2.94%	18.17%	29.14%	-29.76%	19.18%	35.40%	7.29%
BBLIX BBH Select Series - Large Cap Fund	1.58%	12.07%	15.83%	23.86%	-20.59%	27.23%	12.30%	3.63%

Correlation

The correlation between USGLX and BBLIX is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.41
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Sep 12, 2019	0.85

Over the past year, the correlation between USGLX and BBLIX has dropped to 0.41 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

USGLX vs. BBLIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

USGLX

USGLX Risk / Return Rank: 2
USGLX Sharpe Ratio Rank: 2
USGLX Sortino Ratio Rank: 2
USGLX Omega Ratio Rank: 2
USGLX Calmar Ratio Rank: 2
USGLX Martin Ratio Rank: 1

BBLIX

BBLIX Risk / Return Rank: 21
BBLIX Sharpe Ratio Rank: 17
BBLIX Sortino Ratio Rank: 15
BBLIX Omega Ratio Rank: 29
BBLIX Calmar Ratio Rank: 26
BBLIX Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

USGLX vs. BBLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock U.S. Global Leaders Growth Fund (USGLX) and BBH Select Series - Large Cap Fund (BBLIX). 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.

	USGLX	BBLIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.39	0.63	-1.02
Sortino ratio: Return per unit of downside risk	-0.44	0.91	-1.35
Omega ratio: Gain probability vs. loss probability	0.95	1.18	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.34	1.17	-1.51
Martin ratio: Return relative to average drawdown	-0.93	2.11	-3.04

USGLX vs. BBLIX - Sharpe Ratio Comparison

The current USGLX Sharpe Ratio is -0.39, which is lower than the BBLIX Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of USGLX and BBLIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

USGLX vs. BBLIX - Drawdown Comparison

The maximum USGLX drawdown since its inception was -46.82%, which is greater than BBLIX's maximum drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for USGLX and BBLIX.

Drawdown Indicators

	USGLX	BBLIX	Difference
Max Drawdown Largest peak-to-trough decline	-46.82%	-33.49%	-13.33%
Max Drawdown (1Y) Largest decline over 1 year	-15.97%	-3.63%	-12.34%
Max Drawdown (3Y) Largest decline over 3 years	-25.58%	-14.68%	-10.90%
Max Drawdown (5Y) Largest decline over 5 years	-36.80%	-28.06%	-8.74%
Max Drawdown (10Y) Largest decline over 10 years	-36.80%	—	—
Current Drawdown Current decline from peak	-14.59%	-1.80%	-12.79%
Average Drawdown Average peak-to-trough decline	-7.43%	-6.24%	-1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.94%	1.84%	+4.10%

Volatility

USGLX vs. BBLIX - Volatility Comparison

John Hancock U.S. Global Leaders Growth Fund (USGLX) has a higher volatility of 3.68% compared to BBH Select Series - Large Cap Fund (BBLIX) at 0.00%. This indicates that USGLX's price experiences larger fluctuations and is considered to be riskier than BBLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USGLX	BBLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	0.00%	+3.68%
Volatility (6M) Calculated over the trailing 6-month period	10.71%	1.93%	+8.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.01%	6.77%	+7.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.08%	15.83%	+5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.23%	18.33%	+1.90%

USGLX vs. BBLIX - Expense Ratio Comparison

USGLX has a 1.13% expense ratio, which is higher than BBLIX's 0.70% expense ratio.

Dividends

USGLX vs. BBLIX - Dividend Comparison

USGLX's dividend yield for the trailing twelve months is around 29.59%, more than BBLIX's 9.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBLIX BBH Select Series - Large Cap Fund	9.39%	9.54%	4.20%	0.28%	1.45%	3.27%	0.34%	0.04%	0.00%	0.00%	0.00%	0.00%
USGLX John Hancock U.S. Global Leaders Growth Fund	29.59%	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

Can I hold both USGLX and BBLIX in my portfolio?

USGLX and BBLIX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USGLX or BBLIX?

USGLX has higher volatility (3.68%) compared to BBLIX (0.00%). In terms of maximum drawdown, USGLX dropped -46.82% vs BBLIX's -33.49%.

Which has better risk-adjusted returns?

BBLIX currently has the higher Sharpe Ratio (0.63 vs -0.39), 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.