VASVX vs. JVLIX

Last updated Jun 4, 2026

VASVX (Vanguard Selected Value Fund) and JVLIX (John Hancock Funds Disciplined Value Fund) are both mutual funds - VASVX is a Mid Cap Value Equities fund managed by Vanguard, while JVLIX is a Large Cap Value Equities fund managed by John Hancock. Over the past 10 years, VASVX returned 10.67%/yr vs 12.71%/yr for JVLIX. Their correlation of 0.89 suggests significant overlap in exposure. VASVX charges 0.32%/yr vs 0.76%/yr for JVLIX.

Performance

VASVX vs. JVLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Selected Value Fund (VASVX) and John Hancock Funds Disciplined Value Fund (JVLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VASVX achieves a 8.86% return, which is significantly lower than JVLIX's 16.63% return. Over the past 10 years, VASVX has underperformed JVLIX with an annualized return of 10.67%, while JVLIX has yielded a comparatively higher 12.71% annualized return.

VASVX

• 1D: 0.28%
• 1M: 3.11%
• YTD: 8.86%
• 6M: 10.46%
• 1Y: 20.29%
• 3Y*: 15.35%
• 5Y*: 8.74%
• 10Y*: 10.67%

JVLIX

• 1D: 1.02%
• 1M: 6.70%
• YTD: 16.63%
• 6M: 17.45%
• 1Y: 33.27%
• 3Y*: 21.71%
• 5Y*: 12.57%
• 10Y*: 12.71%

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

VASVX vs. JVLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VASVX Vanguard Selected Value Fund	8.86%	10.99%	6.68%	25.45%	-7.55%	27.54%	5.79%	29.55%	-19.75%	18.01%
JVLIX John Hancock Funds Disciplined Value Fund	16.63%	17.48%	15.59%	13.91%	-4.45%	29.92%	1.59%	22.70%	-9.75%	17.97%

Correlation

The correlation between VASVX and JVLIX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 3, 1997	0.89

The correlation between VASVX and JVLIX has been stable across timeframes, ranging from 0.82 to 0.91 - a consistent structural relationship.

Return for Risk

VASVX vs. JVLIX — Risk / Return Rank

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

VASVX

VASVX Risk / Return Rank: 25
VASVX Sharpe Ratio Rank: 25
VASVX Sortino Ratio Rank: 27
VASVX Omega Ratio Rank: 24
VASVX Calmar Ratio Rank: 25
VASVX Martin Ratio Rank: 24

JVLIX

JVLIX Risk / Return Rank: 84
JVLIX Sharpe Ratio Rank: 86
JVLIX Sortino Ratio Rank: 81
JVLIX Omega Ratio Rank: 76
JVLIX Calmar Ratio Rank: 88
JVLIX Martin Ratio Rank: 90

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.

VASVX vs. JVLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Selected Value Fund (VASVX) and John Hancock Funds Disciplined Value Fund (JVLIX). 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.

	VASVX	JVLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.42	2.79	-1.37
Sortino ratio: Return per unit of downside risk	2.17	3.82	-1.65
Omega ratio: Gain probability vs. loss probability	1.25	1.50	-0.24
Calmar ratio: Return relative to maximum drawdown	1.87	4.31	-2.44
Martin ratio: Return relative to average drawdown	6.08	18.35	-12.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VASVX vs. JVLIX - Sharpe Ratio Comparison

The current VASVX Sharpe Ratio is 1.42, which is lower than the JVLIX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of VASVX and JVLIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VASVX	JVLIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	2.79	-1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.73	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.67	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.37	+0.09

Drawdowns

VASVX vs. JVLIX - Drawdown Comparison

The maximum VASVX drawdown since its inception was -55.70%, smaller than the maximum JVLIX drawdown of -59.12%. Use the drawdown chart below to compare losses from any high point for VASVX and JVLIX.

Drawdown Indicators

	VASVX	JVLIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.70%	-59.12%	+3.42%
Max Drawdown (1Y) Largest decline over 1 year	-11.74%	-7.95%	-3.79%
Max Drawdown (3Y) Largest decline over 3 years	-25.98%	-20.48%	-5.50%
Max Drawdown (5Y) Largest decline over 5 years	-25.98%	-20.48%	-5.50%
Max Drawdown (10Y) Largest decline over 10 years	-48.19%	-40.33%	-7.86%
Current Drawdown Current decline from peak	-0.93%	0.00%	-0.93%
Average Drawdown Average peak-to-trough decline	-9.53%	-10.52%	+0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	1.86%	+1.74%

Volatility

VASVX vs. JVLIX - Volatility Comparison

Vanguard Selected Value Fund (VASVX) has a higher volatility of 4.12% compared to John Hancock Funds Disciplined Value Fund (JVLIX) at 3.87%. This indicates that VASVX's price experiences larger fluctuations and is considered to be riskier than JVLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VASVX	JVLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	3.87%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	11.13%	9.69%	+1.44%
Volatility (1Y) Calculated over the trailing 1-year period	15.44%	12.27%	+3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.53%	17.32%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.46%	18.90%	+3.56%

VASVX vs. JVLIX - Expense Ratio Comparison

VASVX has a 0.32% expense ratio, which is lower than JVLIX's 0.76% expense ratio.

Dividends

VASVX vs. JVLIX - Dividend Comparison

VASVX's dividend yield for the trailing twelve months is around 12.24%, more than JVLIX's 5.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JVLIX John Hancock Funds Disciplined Value Fund	5.69%	6.64%	13.97%	7.22%	7.16%	14.63%	1.57%	5.87%	10.59%	4.60%	1.22%	3.44%
VASVX Vanguard Selected Value Fund	12.24%	13.32%	14.35%	8.29%	13.22%	7.77%	10.19%	7.44%	11.90%	8.59%	4.51%	5.68%

Frequently Asked Questions

Can I hold both VASVX and JVLIX in my portfolio?

VASVX and JVLIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VASVX or JVLIX?

VASVX has higher volatility (4.12%) compared to JVLIX (3.87%). In terms of maximum drawdown, VASVX dropped -55.70% vs JVLIX's -59.12%.

Which has better risk-adjusted returns?

JVLIX currently has the higher Sharpe Ratio (2.79 vs 1.42), 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.