JHI vs VGI: Correlation
How closely do John Hancock Investors Trust (JHI) and Virtus Global Multi-Sector Income Fund (VGI) trade together? Their weekly returns over three years give a correlation of 0.78, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JHI and VGI?
Across a 3-year window, the weekly returns of JHI and VGI correlate at 0.78, strong. The relationship has been stable: the 1-year correlation (0.76) sits close to the 3-year figure. Stretching to 5 years gives 0.72, with an annualized covariance of 74.4 %².
VGI is one of the assets that tracks JHI most closely: it ranks #1 out of the 33 assets we track against JHI. Their 12-month results are close: +2.3% for JHI against +3.8% for VGI.
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 VGI: side by side
| JHI (John Hancock Investors Trust) | VGI (Virtus Global Multi-Sector Income Fund) | |
|---|---|---|
| 1-year return | +2.3% | +3.8% |
| 5-year return | +3.7% | +11.9% |
| Volatility (ann.) | 9.3% | 10.3% |
| Beta vs S&P 500 | 0.37 | 0.38 |
| Max drawdown (3Y) | -11.2% | -11.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | 8.6 | 7.8 |
| Dividend yield | 9.37% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JHI | VGI |
|---|---|---|
| 2022 | -29.5% | -22.3% |
| 2023 | +10.6% | +13.4% |
| 2024 | +14.4% | +10.4% |
| 2025 | +9.1% | +16.1% |
| 2026 | +1.0% | +1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JHI and VGI good diversifiers for each other?
To a limited degree. At 0.78 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 JHI and VGI?
Using weekly returns as of 2026-08-27: 0.78 over 3 years, with 0.76 over the last year and 0.72 over 5 years.
Is VGI a good diversifier for JHI?
To a limited degree. At 0.78 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 0.78 mean?
A reading of 0.78 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jhi-vs-vgi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jhi-vs-vgi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JHI correlations · VGI correlations
