HEQ vs. BERIX
HEQ (John Hancock Diversified Income Fund) and BERIX (Chartwell Income Fund) are both Diversified Portfolio funds. Over the past 10 years, HEQ returned 7.16%/yr vs 4.53%/yr for BERIX. Their 0.48 correlation means their historical movements had little consistent relationship. HEQ charges 0.01%/yr vs 0.64%/yr for BERIX.
Performance
HEQ vs. BERIX - Performance Comparison
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Returns By Period
In the year-to-date period, HEQ achieves a 10.77% return, which is significantly higher than BERIX's 3.01% return. Over the past 10 years, HEQ has outperformed BERIX with an annualized return of 7.16%, while BERIX has yielded a comparatively lower 4.53% annualized return.
HEQ
- 1D
- -0.35%
- 1M
- -0.18%
- 6M
- 7.47%
- YTD
- 10.77%
- 1Y
- 20.14%
- 3Y*
- 11.81%
- 5Y*
- 6.48%
- 10Y*
- 7.16%
- ALL TIME*
- 5.80%
BERIX
- 1D
- 0.21%
- 1M
- 0.63%
- 6M
- 0.48%
- YTD
- 3.01%
- 1Y
- 10.96%
- 3Y*
- 8.69%
- 5Y*
- 4.14%
- 10Y*
- 4.53%
- ALL TIME*
- 5.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $217.46K | $272.66K | $379.82K |
HEQ vs. BERIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEQ John Hancock Diversified Income Fund | 10.77% | 15.64% | 11.70% | -3.14% | -3.08% | 24.44% | -14.28% | 26.76% | -17.29% | 23.20% |
BERIX Chartwell Income Fund | 3.01% | 13.23% | 7.20% | 7.77% | -10.14% | 7.35% | 4.49% | 9.69% | -0.81% | 3.92% |
Correlation
The correlation between HEQ and BERIX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 27, 2011 | 0.48 |
The correlation between HEQ and BERIX shifts across timeframes, from 0.30 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HEQ vs. BERIX — Risk / Return Rank
HEQ
BERIX
HEQ vs. BERIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Diversified Income Fund (HEQ) 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.
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.
| HEQ | BERIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.44 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 2.83 | -0.05 |
| Martin ratioReturn relative to average drawdown | 10.70 | 7.99 | +2.71 |
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Drawdowns
HEQ vs. BERIX - Drawdown Comparison
The maximum HEQ drawdown since its inception was -44.38%, which is greater than BERIX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for HEQ and BERIX.
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Drawdown Indicators
| HEQ | BERIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.38% | -20.34% | -24.04% |
Max Drawdown (1Y)Largest decline over 1 year | -6.92% | -3.90% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -13.41% | -4.60% | -8.81% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -15.73% | -9.64% |
Max Drawdown (10Y)Largest decline over 10 years | -44.38% | -20.34% | -24.04% |
Current DrawdownCurrent decline from peak | -2.34% | -2.75% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -8.50% | -2.59% | -5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 1.38% | +0.41% |
Volatility
HEQ vs. BERIX - Volatility Comparison
John Hancock Diversified Income Fund (HEQ) has a higher volatility of 3.66% compared to Chartwell Income Fund (BERIX) at 0.70%. This indicates that HEQ'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.
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Volatility by Period
| HEQ | BERIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.66% | 0.70% | +2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 4.14% | +5.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.29% | 5.10% | +6.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.38% | 5.97% | +10.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 6.00% | +12.81% |
HEQ vs. BERIX - Expense Ratio Comparison
HEQ has a 0.02% expense ratio, which is lower than BERIX's 0.64% expense ratio.
Dividends
HEQ vs. BERIX - Dividend Comparison
HEQ's dividend yield for the trailing twelve months is around 8.78%, more than BERIX's 4.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BERIX Chartwell Income Fund | 4.26% | 3.97% | 3.90% | 3.36% | 3.54% | 2.58% | 3.07% | 3.03% | 5.83% | 5.22% | 2.76% | 2.45% |
HEQ John Hancock Diversified Income Fund | 8.78% | 9.30% | 9.79% | 10.75% | 10.09% | 8.92% | 11.64% | 10.09% | 11.50% | 10.44% | 9.57% | 10.40% |
Frequently Asked Questions
HEQ 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.
HEQ has higher volatility (3.66%) compared to BERIX (0.70%). In terms of maximum drawdown, HEQ dropped -44.38% vs BERIX's -20.34%.
BERIX currently has the higher Sharpe Ratio (2.18 vs 1.70), 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.
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