John Hancock Diversified Income Fund (HEQ) Alternatives
John Hancock Diversified Income Fund (HEQ) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HEQ. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to HEQ
HEQ charges 0.02% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among HEQ alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Highland Funds I - Highland Opportunities and Inco... | 0.02% | Jan 13, 2000 | HEQ vs HFRO | |
| Fidelity 70% Allocation Fund | 0.02% | Jan 1, 2022 | HEQ vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | Sep 12, 2017 | HEQ vs PALDX | |
| Dimensional Managed Account Fund | 0.03% | Mar 16, 2012 | HEQ vs DMA | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | Dec 8, 2011 | HEQ vs TSAIX |
Best Risk-Adjusted Alternatives to HEQ
Among mutual funds in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | Nov 16, 2003 | HEQ vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | Dec 24, 2002 | HEQ vs TIBIX | |
| Chartwell Income Fund | 96 | Sep 2, 1987 | HEQ vs BERIX | |
| Nuveen Flexible Income Fund | 95 | Dec 8, 2009 | HEQ vs NWQIX | |
| Victory Pioneer Multi-Asset Income Class R-6 | 93 | Dec 22, 2011 | HEQ vs PMFKX |
Top Performing HEQ Alternatives (YTD)
HEQ alternatives from the Diversified Portfolio category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | 9.34% | Apr 8, 2012 | HEQ vs SIFAX | |
| PGIM Real Assets Fund | 9.23% | Dec 29, 2010 | HEQ vs PUDZX | |
| ICON Equity Income Fund | 8.64% | May 9, 2004 | HEQ vs IOEZX | |
| DWS RREEF Real Assets Fund - Class A | 8.59% | Jul 30, 2007 | HEQ vs AAAAX | |
| Canoe EIT Income Fund | 8.56% | Aug 6, 1997 | HEQ vs EIT-UN.TO |
Lowest Volatility Alternatives to HEQ
HEQ alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.93% | Nov 16, 2003 | HEQ vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.64% | Apr 8, 2012 | HEQ vs SCLAX | |
| Ave Maria Bond Fund | 3.44% | Apr 30, 2003 | HEQ vs AVEFX | |
| American Funds College 2027 Fund | 3.47% | Sep 13, 2012 | HEQ vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 3.66% | Nov 16, 2003 | HEQ vs SICIX |
Lowest Drawdown Alternatives to HEQ
HEQ alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.59% | Nov 16, 2003 | HEQ vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | Apr 8, 2012 | HEQ vs SCLAX | |
| Ave Maria Bond Fund | -2.52% | Apr 30, 2003 | HEQ vs AVEFX | |
| American Funds College 2027 Fund | -2.72% | Sep 13, 2012 | HEQ vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.73% | Nov 16, 2003 | HEQ vs SICIX |
Other Mutual Funds from John Hancock
Most popular John Hancock mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| John Hancock Balanced Fund | Diversified Portfolio | 79 | -2.58% | Oct 4, 1992 | HEQ vs SVBAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 34 | -0.62% | Jun 2, 1997 | HEQ vs JVMIX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 83 | 2.10% | Jan 1, 2009 | HEQ vs JAAAX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 42 | -7.14% | Nov 4, 2012 | HEQ vs JFIVX | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 61 | -0.65% | Jan 2, 1997 | HEQ vs JVLIX | |
| John Hancock Premium Dividend Fund | Dividend | 27 | 5.12% | Dec 14, 1989 | HEQ vs PDT | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 49 | -0.87% | Nov 9, 1973 | HEQ vs JHNBX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 11 | -10.79% | Oct 1, 1984 | HEQ vs TAGRX | |
| John Hancock Small Cap Core Fund | Small Cap Blend Equities | 11 | -2.42% | Dec 20, 2013 | HEQ vs JCCIX | |
| John Hancock Funds II Blue Chip Growth Fund | Large Cap Growth Equities | 4 | -14.89% | Oct 14, 2005 | HEQ vs JIBCX |
Often Compared With HEQ
What investors most often compare with HEQ, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| LMP Capital and Income Fund Inc. | Diversified Portfolio | 11 | 3.21% | — | HEQ vs SCD | |
| Catholic Responsible Investments Magnus 75/25 Fund | Diversified Portfolio | 44 | -4.31% | Dec 2, 2021 | HEQ vs CMUVX | |
| Virtus Total Return Fund | Diversified Portfolio | 81 | 7.49% | Feb 24, 2005 | HEQ vs ZTR | |
| American Funds Capital Income Builder Fund Class F... | Diversified Portfolio | 80 | 0.23% | — | HEQ vs CFIHX |
Compare HEQ with Any Fund or Stock
Compare HEQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.