HCMKX vs. BERIX

Last updated Jun 4, 2026

HCMKX (HCM Income Plus Fund) and BERIX (Chartwell Income Fund) are both Diversified Portfolio funds. Over the past 5 years, HCMKX returned 10.74%/yr vs 4.63%/yr for BERIX. A 0.51 correlation means they provide meaningful diversification when combined. HCMKX charges 2.10%/yr vs 0.64%/yr for BERIX.

Performance

HCMKX vs. BERIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCM Income Plus Fund (HCMKX) and Chartwell Income Fund (BERIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HCMKX achieves a 12.58% return, which is significantly higher than BERIX's 4.78% return.

HCMKX

• 1D: 0.75%
• 1M: 9.95%
• YTD: 12.58%
• 6M: 11.18%
• 1Y: 31.66%
• 3Y*: 23.27%
• 5Y*: 10.74%
• 10Y*: —

BERIX

• 1D: 0.07%
• 1M: -0.28%
• YTD: 4.78%
• 6M: 5.34%
• 1Y: 13.74%
• 3Y*: 9.85%
• 5Y*: 4.63%
• 10Y*: 4.97%

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

HCMKX vs. BERIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HCMKX HCM Income Plus Fund	12.58%	15.06%	32.19%	20.68%	-24.98%	8.97%	39.45%	14.64%	-4.75%	5.72%
BERIX Chartwell Income Fund	4.78%	13.23%	7.20%	7.77%	-10.14%	7.35%	4.49%	9.69%	-0.81%	3.69%

Correlation

The correlation between HCMKX and BERIX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.51

Over the past year, the correlation between HCMKX and BERIX has dropped to 0.30 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.

Return for Risk

HCMKX vs. BERIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HCMKX

HCMKX Risk / Return Rank: 47
HCMKX Sharpe Ratio Rank: 51
HCMKX Sortino Ratio Rank: 43
HCMKX Omega Ratio Rank: 44
HCMKX Calmar Ratio Rank: 59
HCMKX Martin Ratio Rank: 40

BERIX

BERIX Risk / Return Rank: 88
BERIX Sharpe Ratio Rank: 87
BERIX Sortino Ratio Rank: 78
BERIX Omega Ratio Rank: 86
BERIX Calmar Ratio Rank: 94
BERIX Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HCMKX vs. BERIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCM Income Plus Fund (HCMKX) and Chartwell Income Fund (BERIX). 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.

	HCMKX	BERIX	Difference
Sharpe ratio Return per unit of total volatility	2.11	2.85	-0.74
Sortino ratio Return per unit of downside risk	2.76	3.71	-0.95
Omega ratio Gain probability vs. loss probability	1.36	1.59	-0.23
Calmar ratio Return relative to maximum drawdown	2.94	5.54	-2.60
Martin ratio Return relative to average drawdown	8.67	19.79	-11.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HCMKX vs. BERIX - Sharpe Ratio Comparison

The current HCMKX Sharpe Ratio is 2.11, which is comparable to the BERIX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of HCMKX and BERIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HCMKX	BERIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	2.85	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.78	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	1.07	-0.27

Drawdowns

HCMKX vs. BERIX - Drawdown Comparison

The maximum HCMKX drawdown since its inception was -28.43%, which is greater than BERIX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for HCMKX and BERIX.

Drawdown Indicators

	HCMKX	BERIX	Difference
Max Drawdown Largest peak-to-trough decline	-28.43%	-20.34%	-8.09%
Max Drawdown (1Y) Largest decline over 1 year	-11.14%	-2.51%	-8.63%
Max Drawdown (3Y) Largest decline over 3 years	-17.05%	-5.82%	-11.23%
Max Drawdown (5Y) Largest decline over 5 years	-28.43%	-15.73%	-12.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-20.34%	—
Current Drawdown Current decline from peak	0.00%	-1.08%	+1.08%
Average Drawdown Average peak-to-trough decline	-7.05%	-2.59%	-4.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.76%	0.70%	+3.06%

Volatility

HCMKX vs. BERIX - Volatility Comparison

HCM Income Plus Fund (HCMKX) has a higher volatility of 4.91% compared to Chartwell Income Fund (BERIX) at 1.33%. This indicates that HCMKX's price experiences larger fluctuations and is considered to be riskier than BERIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCMKX	BERIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	1.33%	+3.58%
Volatility (6M) Calculated over the trailing 6-month period	11.27%	4.22%	+7.05%
Volatility (1Y) Calculated over the trailing 1-year period	15.53%	4.88%	+10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.41%	5.94%	+9.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.03%	6.01%	+8.02%

HCMKX vs. BERIX - Expense Ratio Comparison

HCMKX has a 2.10% expense ratio, which is higher than BERIX's 0.64% expense ratio.

Dividends

HCMKX vs. BERIX - Dividend Comparison

HCMKX's dividend yield for the trailing twelve months is around 3.25%, less than BERIX's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BERIX Chartwell Income Fund	4.06%	3.97%	3.90%	3.36%	3.54%	2.58%	3.07%	3.03%	5.83%	5.22%	2.76%	2.45%
HCMKX HCM Income Plus Fund	3.25%	3.66%	19.48%	0.04%	0.00%	0.20%	0.27%	0.16%	5.97%	0.21%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HCMKX and BERIX in my portfolio?

HCMKX and BERIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HCMKX or BERIX?

HCMKX has higher volatility (4.91%) compared to BERIX (1.33%). In terms of maximum drawdown, HCMKX dropped -28.43% vs BERIX's -20.34%.

Which has better risk-adjusted returns?

BERIX currently has the higher Sharpe Ratio (2.85 vs 2.11), 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.