TCAAX vs. BERIX
TCAAX (Thrivent Moderately Conservative Allocation Fund) and BERIX (Chartwell Income Fund) are both Diversified Portfolio funds. Over the past 10 years, TCAAX returned 5.55%/yr vs 4.74%/yr for BERIX. A 0.80 correlation means they provide meaningful diversification when combined. TCAAX charges 0.82%/yr vs 0.64%/yr for BERIX.
Performance
TCAAX vs. BERIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TCAAX achieves a 5.12% return, which is significantly higher than BERIX's 2.36% return. Over the past 10 years, TCAAX has outperformed BERIX with an annualized return of 5.55%, while BERIX has yielded a comparatively lower 4.74% annualized return.
TCAAX
- 1D
- 0.57%
- 1M
- 1.14%
- YTD
- 5.12%
- 6M
- 5.03%
- 1Y
- 14.08%
- 3Y*
- 10.25%
- 5Y*
- 4.58%
- 10Y*
- 5.55%
BERIX
- 1D
- -0.28%
- 1M
- -1.92%
- YTD
- 2.36%
- 6M
- 2.62%
- 1Y
- 10.14%
- 3Y*
- 8.79%
- 5Y*
- 4.29%
- 10Y*
- 4.74%
TCAAX vs. BERIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TCAAX Thrivent Moderately Conservative Allocation Fund | 5.12% | 11.66% | 8.27% | 11.69% | -14.96% | 6.52% | 10.12% | 14.81% | -3.89% | 7.26% |
BERIX Chartwell Income Fund | 2.36% | 13.23% | 7.20% | 7.77% | -10.14% | 7.35% | 4.49% | 9.69% | -0.81% | 3.92% |
Correlation
The correlation between TCAAX and BERIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006 | 0.80 |
Over the past year, the correlation between TCAAX and BERIX has dropped to 0.47 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TCAAX vs. BERIX — Risk / Return Rank
TCAAX
BERIX
TCAAX vs. BERIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Moderately Conservative Allocation Fund (TCAAX) 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.
| TCAAX | BERIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.39 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 3.03 | -0.24 |
| Martin ratioReturn relative to average drawdown | 12.21 | 11.70 | +0.51 |
Loading charts...
Drawdowns
TCAAX vs. BERIX - Drawdown Comparison
The maximum TCAAX drawdown since its inception was -30.82%, which is greater than BERIX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for TCAAX and BERIX.
Loading charts...
Drawdown Indicators
| TCAAX | BERIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.82% | -20.34% | -10.48% |
Max Drawdown (1Y)Largest decline over 1 year | -5.04% | -3.36% | -1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -7.47% | -5.82% | -1.65% |
Max Drawdown (5Y)Largest decline over 5 years | -20.33% | -15.73% | -4.60% |
Max Drawdown (10Y)Largest decline over 10 years | -20.33% | -20.34% | +0.01% |
Current DrawdownCurrent decline from peak | -0.14% | -3.36% | +3.22% |
Average DrawdownAverage peak-to-trough decline | -3.79% | -2.59% | -1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.15% | 0.87% | +0.28% |
Volatility
TCAAX vs. BERIX - Volatility Comparison
Thrivent Moderately Conservative Allocation Fund (TCAAX) has a higher volatility of 2.63% compared to Chartwell Income Fund (BERIX) at 1.61%. This indicates that TCAAX'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.
Loading charts...
Volatility by Period
| TCAAX | BERIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 1.61% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 5.45% | 4.45% | +1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.57% | 5.11% | +1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.07% | 5.98% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.23% | 6.03% | +1.20% |
TCAAX vs. BERIX - Expense Ratio Comparison
TCAAX has a 0.82% expense ratio, which is higher than BERIX's 0.64% expense ratio.
Dividends
TCAAX vs. BERIX - Dividend Comparison
TCAAX's dividend yield for the trailing twelve months is around 5.90%, more than BERIX's 4.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BERIX Chartwell Income Fund | 4.15% | 3.97% | 3.90% | 3.36% | 3.54% | 2.58% | 3.07% | 3.03% | 5.83% | 5.22% | 2.76% | 2.45% |
TCAAX Thrivent Moderately Conservative Allocation Fund | 5.90% | 6.19% | 3.55% | 2.52% | 1.87% | 3.74% | 3.82% | 5.15% | 3.99% | 1.77% | 1.67% | 1.51% |
Frequently Asked Questions
TCAAX and BERIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TCAAX has higher volatility (2.63%) compared to BERIX (1.61%). In terms of maximum drawdown, TCAAX dropped -30.82% vs BERIX's -20.34%.
TCAAX currently has the higher Sharpe Ratio (2.14 vs 1.99), 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.
Find the right allocation for TCAAX and BERIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer