JHI vs RA: Correlation
John Hancock Investors Trust (JHI) and Brookfield Real Assets Income Fund Inc. (RA) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JHI and RA?
Across a 3-year window, the weekly returns of JHI and RA correlate at 0.62, strong. Little has changed lately, as the 1-year reading of 0.72 lands near the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 50.7 %².
By 3-year correlation, RA places #22 of the 33 assets tracked against JHI. Neither side won the trailing year by much: +2.3% against +4.6%.
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.
JHI vs RA: side by side
| JHI (John Hancock Investors Trust) | RA (Brookfield Real Assets Income Fund Inc.) | |
|---|---|---|
| 1-year return | +2.3% | +4.6% |
| 5-year return | +3.7% | +3.5% |
| Volatility (ann.) | 9.3% | 8.8% |
| Beta vs S&P 500 | 0.37 | 0.32 |
| Max drawdown (3Y) | -11.2% | -27.7% |
| Market cap | – | $0.7B |
| P/E (trailing) | 8.6 | 11.3 |
| Dividend yield | 9.37% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JHI | RA |
|---|---|---|
| 2022 | -29.5% | -13.5% |
| 2023 | +10.6% | -9.0% |
| 2024 | +14.4% | +15.9% |
| 2025 | +9.1% | +8.3% |
| 2026 | +1.0% | +4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JHI and RA good diversifiers for each other?
Only partially. A correlation of 0.62 means JHI and RA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between JHI and RA?
The JHI/RA correlation stands at 0.62 on a 3-year window (1 year: 0.72, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is RA a good diversifier for JHI?
Only partially. A correlation of 0.62 means JHI and RA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jhi-vs-ra.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jhi-vs-ra/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JHI correlations · RA correlations
