DSL vs JHI: Correlation
Measured on weekly returns over the past three years, DoubleLine Income Solutions Fund (DSL) and John Hancock Investors Trust (JHI) carry a correlation of 0.77, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSL and JHI?
On 3 years of weekly data the DSL/JHI correlation comes out at 0.77, strong. Recent behaviour matches the longer record: 0.78 over 1 year against 0.77 over 3. The 5-year figure is 0.66, and annualized covariance runs at 86.9 %².
JHI is one of the assets that tracks DSL most closely: it ranks #3 out of the 30 assets we track against DSL. Over the last 12 months JHI came out ahead by 6.0 percentage points (-3.7% against +2.3%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DSL vs JHI: side by side
| DSL (DoubleLine Income Solutions Fund) | JHI (John Hancock Investors Trust) | |
|---|---|---|
| 1-year return | -3.7% | +2.3% |
| 5-year return | +5.8% | +3.7% |
| Volatility (ann.) | 12.2% | 9.3% |
| Beta vs S&P 500 | 0.49 | 0.37 |
| Max drawdown (3Y) | -13.5% | -11.2% |
| Market cap | $1.2B | – |
| P/E (trailing) | 33.2 | 8.6 |
| Dividend yield | 0.00% | 9.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSL | JHI |
|---|---|---|
| 2022 | -22.6% | -29.5% |
| 2023 | +23.4% | +10.6% |
| 2024 | +14.0% | +14.4% |
| 2025 | -0.0% | +9.1% |
| 2026 | +2.1% | +1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSL and JHI good diversifiers for each other?
To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DSL and JHI?
The DSL/JHI correlation stands at 0.77 on a 3-year window (1 year: 0.78, 5 years: 0.66), computed from weekly returns as of 2026-08-27.
Is JHI a good diversifier for DSL?
To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.77 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dsl-vs-jhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dsl-vs-jhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DSL correlations · JHI correlations
