WTLS vs. JAKRX

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Efficient Long/Short US Equity Fund (WTLS) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX).

WTLS is an actively managed fund by WisdomTree. It was launched on Jan 20, 2026. JAKRX is an actively managed fund by John Hancock. It was launched on Dec 31, 2013.

Performance

WTLS vs. JAKRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Efficient Long/Short US Equity Fund (WTLS) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). The values are adjusted to include any dividend payments, if applicable.

WTLS vs. JAKRX - Yearly Performance Comparison

	2026 (YTD)
WTLS WisdomTree Efficient Long/Short US Equity Fund	-2.35%
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	0.96%

Returns By Period

WTLS

• 1D: 3.22%
• 1M: -4.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JAKRX

• 1D: -0.18%
• 1M: -4.49%
• YTD: 4.35%
• 6M: 6.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTLS vs. JAKRX - Expense Ratio Comparison

WTLS has a 0.88% expense ratio, which is lower than JAKRX's 1.91% expense ratio.

JAKRX

John Hancock Disciplined Value Global Long/Short Fund Class A

WTLS

WisdomTree Efficient Long/Short US Equity Fund

Return for Risk

WTLS vs. JAKRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Long/Short US Equity Fund (WTLS) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). 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.

Sharpe Ratios by Period

	WTLS	JAKRX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.61	3.44	-4.05

Correlation

The correlation between WTLS and JAKRX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WTLS vs. JAKRX - Dividend Comparison

WTLS has not paid dividends to shareholders, while JAKRX's dividend yield for the trailing twelve months is around 7.77%.

	TTM	2025
WTLS WisdomTree Efficient Long/Short US Equity Fund	0.00%	0.00%
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	7.77%	8.10%

Drawdowns

WTLS vs. JAKRX - Drawdown Comparison

The maximum WTLS drawdown since its inception was -8.94%, which is greater than JAKRX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for WTLS and JAKRX.

Drawdown Indicators

	WTLS	JAKRX	Difference
Max Drawdown Largest peak-to-trough decline	-8.94%	-5.16%	-3.78%
Current Drawdown Current decline from peak	-6.01%	-4.76%	-1.25%
Average Drawdown Average peak-to-trough decline	-2.84%	-0.80%	-2.04%

Volatility

Volatility by Period

	WTLS	JAKRX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.88%	7.10%	+12.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.88%	7.10%	+12.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.88%	7.10%	+12.78%