DQEIX vs. SVAAX

Last updated Aug 1, 2026

DQEIX (BNY Mellon Global Equity Income Fund) and SVAAX (Federated Hermes Strategic Value Dividend Fund Class A) are both Dividend funds. Over the past 10 years, DQEIX returned 10.27%/yr vs 8.12%/yr for SVAAX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. DQEIX charges 0.92%/yr vs 1.06%/yr for SVAAX.

Performance

DQEIX vs. SVAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Global Equity Income Fund (DQEIX) and Federated Hermes Strategic Value Dividend Fund Class A (SVAAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DQEIX having a 14.89% return and SVAAX slightly higher at 15.31%. Over the past 10 years, DQEIX has outperformed SVAAX with an annualized return of 10.27%, while SVAAX has yielded a comparatively lower 8.12% annualized return.

DQEIX

• 1D: 0.49%
• 1M: 0.84%
• 6M: 8.24%
• YTD: 14.89%
• 1Y: 27.91%
• 3Y*: 14.73%
• 5Y*: 10.83%
• 10Y*: 10.27%
• ALL TIME*: 7.61%

SVAAX

• 1D: -1.50%
• 1M: 2.45%
• 6M: 9.65%
• YTD: 15.31%
• 1Y: 24.12%
• 3Y*: 15.87%
• 5Y*: 11.50%
• 10Y*: 8.12%
• ALL TIME*: 7.75%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DQEIX BNY Mellon Global Equity Income Fund	$0.00	$0.00	$0.00
SVAAX Federated Hermes Strategic Value Dividend Fund Class A	$0.00	$0.00	$0.00

DQEIX vs. SVAAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DQEIX BNY Mellon Global Equity Income Fund	14.89%	24.64%	6.54%	9.70%	-3.72%	14.32%	5.62%	25.80%	-5.61%	18.18%
SVAAX Federated Hermes Strategic Value Dividend Fund Class A	15.31%	14.42%	16.29%	-2.07%	8.07%	21.36%	-8.15%	19.42%	-8.44%	14.69%

Correlation

The correlation between DQEIX and SVAAX is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.65
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.76
Correlation (All Time) Calculated using the full available price history since Oct 18, 2007	0.79

Over the past year, the correlation between DQEIX and SVAAX has dropped to 0.49 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

DQEIX vs. SVAAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DQEIX

DQEIX Risk / Return Rank: 83
DQEIX Sharpe Ratio Rank: 89
DQEIX Sortino Ratio Rank: 87
DQEIX Omega Ratio Rank: 84
DQEIX Calmar Ratio Rank: 77
DQEIX Martin Ratio Rank: 76

SVAAX

SVAAX Risk / Return Rank: 93
SVAAX Sharpe Ratio Rank: 93
SVAAX Sortino Ratio Rank: 92
SVAAX Omega Ratio Rank: 85
SVAAX Calmar Ratio Rank: 98
SVAAX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DQEIX vs. SVAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Global Equity Income Fund (DQEIX) and Federated Hermes Strategic Value Dividend Fund Class A (SVAAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DQEIX	SVAAX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	2.47	-0.23
Sortino ratio: Return per unit of downside risk	3.18	3.60	-0.42
Omega ratio: Gain probability vs. loss probability	1.41	1.42	-0.01
Calmar ratio: Return relative to maximum drawdown	2.54	5.91	-3.38
Martin ratio: Return relative to average drawdown	9.34	15.70	-6.36

DQEIX vs. SVAAX - Sharpe Ratio Comparison

The current DQEIX Sharpe Ratio is 2.24, which is comparable to the SVAAX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of DQEIX and SVAAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DQEIX vs. SVAAX - Drawdown Comparison

The maximum DQEIX drawdown since its inception was -52.75%, roughly equal to the maximum SVAAX drawdown of -51.16%. Use the drawdown chart below to compare losses from any high point for DQEIX and SVAAX.

Drawdown Indicators

	DQEIX	SVAAX	Difference
Max Drawdown Largest peak-to-trough decline	-52.75%	-51.16%	-1.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.74%	-4.71%	-5.03%
Max Drawdown (3Y) Largest decline over 3 years	-13.21%	-12.84%	-0.37%
Max Drawdown (5Y) Largest decline over 5 years	-18.65%	-16.17%	-2.48%
Max Drawdown (10Y) Largest decline over 10 years	-32.69%	-36.47%	+3.78%
Current Drawdown Current decline from peak	-0.14%	-1.50%	+1.36%
Average Drawdown Average peak-to-trough decline	-7.14%	-8.15%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	1.69%	+0.96%

Volatility

DQEIX vs. SVAAX - Volatility Comparison

The current volatility for BNY Mellon Global Equity Income Fund (DQEIX) is 3.00%, while Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) has a volatility of 4.57%. This indicates that DQEIX experiences smaller price fluctuations and is considered to be less risky than SVAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DQEIX	SVAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	4.57%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	9.02%	8.70%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	11.07%	11.31%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	13.80%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.54%	15.44%	-0.90%

DQEIX vs. SVAAX - Expense Ratio Comparison

DQEIX has a 0.92% expense ratio, which is lower than SVAAX's 1.06% expense ratio.

Dividends

DQEIX vs. SVAAX - Dividend Comparison

DQEIX's dividend yield for the trailing twelve months is around 11.69%, more than SVAAX's 5.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DQEIX BNY Mellon Global Equity Income Fund	11.69%	13.55%	12.56%	7.65%	14.39%	12.69%	1.97%	3.41%	10.50%	5.32%	5.83%	6.94%
SVAAX Federated Hermes Strategic Value Dividend Fund Class A	5.62%	5.80%	7.38%	4.10%	9.49%	3.50%	4.06%	8.55%	8.39%	10.16%	5.00%	8.45%

Frequently Asked Questions

Can I hold both DQEIX and SVAAX in my portfolio?

DQEIX and SVAAX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DQEIX or SVAAX?

SVAAX has higher volatility (4.57%) compared to DQEIX (3.00%). In terms of maximum drawdown, DQEIX dropped -52.75% vs SVAAX's -51.16%.

Which has better risk-adjusted returns?

SVAAX currently has the higher Sharpe Ratio (2.47 vs 2.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.