VFFVX vs. JRLVX
VFFVX (Vanguard Target Retirement 2055 Fund) and JRLVX (John Hancock Funds Multi-Index 2045 Lifetime Portfolio) are both Target Retirement Date funds. Over the past 10 years, VFFVX returned 11.88%/yr vs 11.28%/yr for JRLVX. With a 0.99 correlation, they move nearly in lockstep. VFFVX charges 0.08%/yr vs 0.01%/yr for JRLVX.
Performance
VFFVX vs. JRLVX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with VFFVX having a 11.37% return and JRLVX slightly higher at 11.53%. Over the past 10 years, VFFVX has outperformed JRLVX with an annualized return of 11.88%, while JRLVX has yielded a comparatively lower 11.28% annualized return.
VFFVX
- 1D
- -0.71%
- 1M
- 3.53%
- YTD
- 11.37%
- 6M
- 12.14%
- 1Y
- 27.00%
- 3Y*
- 19.45%
- 5Y*
- 10.05%
- 10Y*
- 11.88%
JRLVX
- 1D
- -0.71%
- 1M
- 3.39%
- YTD
- 11.53%
- 6M
- 12.12%
- 1Y
- 26.43%
- 3Y*
- 18.62%
- 5Y*
- 9.25%
- 10Y*
- 11.28%
VFFVX vs. JRLVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VFFVX Vanguard Target Retirement 2055 Fund | 11.37% | 21.44% | 14.50% | 20.39% | -17.48% | 16.44% | 16.33% | 24.98% | -7.88% | 21.39% |
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 11.53% | 19.25% | 14.50% | 18.00% | -18.06% | 18.45% | 16.23% | 25.03% | -8.29% | 17.40% |
Correlation
The correlation between VFFVX and JRLVX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2013 | 0.99 |
The correlation between VFFVX and JRLVX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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Return for Risk
VFFVX vs. JRLVX — Risk / Return Rank
VFFVX
JRLVX
VFFVX vs. JRLVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2055 Fund (VFFVX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). 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.
| VFFVX | JRLVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.43 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 3.16 | -0.09 |
| Martin ratioReturn relative to average drawdown | 13.65 | 14.03 | -0.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VFFVX | JRLVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.38 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.63 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.71 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.65 | +0.12 |
Drawdowns
VFFVX vs. JRLVX - Drawdown Comparison
The maximum VFFVX drawdown since its inception was -31.40%, roughly equal to the maximum JRLVX drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for VFFVX and JRLVX.
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Drawdown Indicators
| VFFVX | JRLVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.40% | -32.53% | +1.13% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -8.50% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -14.52% | -15.27% | +0.75% |
Max Drawdown (5Y)Largest decline over 5 years | -25.39% | -25.64% | +0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -31.40% | -32.53% | +1.13% |
Current DrawdownCurrent decline from peak | -0.71% | -0.71% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -4.56% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 1.91% | +0.10% |
Volatility
VFFVX vs. JRLVX - Volatility Comparison
Vanguard Target Retirement 2055 Fund (VFFVX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) have volatilities of 3.45% and 3.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VFFVX | JRLVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.41% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 8.97% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.44% | 11.29% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 14.77% | -0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 15.99% | -0.89% |
VFFVX vs. JRLVX - Expense Ratio Comparison
VFFVX has a 0.08% expense ratio, which is higher than JRLVX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VFFVX vs. JRLVX - Dividend Comparison
VFFVX's dividend yield for the trailing twelve months is around 1.87%, less than JRLVX's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 3.19% | 3.55% | 1.89% | 2.24% | 8.03% | 6.00% | 4.26% | 8.99% | 10.96% | 4.29% | 3.40% | 1.90% |
VFFVX Vanguard Target Retirement 2055 Fund | 1.87% | 2.08% | 2.31% | 2.18% | 2.19% | 10.03% | 1.82% | 2.15% | 2.35% | 1.83% | 1.99% | 1.98% |
Frequently Asked Questions
With a correlation of 0.99, VFFVX and JRLVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VFFVX has higher volatility (3.45%) compared to JRLVX (3.41%). In terms of maximum drawdown, VFFVX dropped -31.40% vs JRLVX's -32.53%.
VFFVX currently has the higher Sharpe Ratio (2.40 vs 2.38), 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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