BCFN vs HEQ
Baron Financials ETF vs John Hancock Hedged Equity & Income Fund
Which is better, BCFN or HEQ?
HEQ has been ahead.
BCFN has a lower expense ratio. HEQ led over 1Y. BCFN is less concentrated, with 45.4% of the fund in its ten largest positions against 48.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BCFN | HEQ |
|---|---|---|
| Expense Ratio | 0.80%Best | 1.16% |
| AUM | - | $148M |
| Dividend Yield | 0.00% | 8.10% |
| Holdings | 84 | 659 |
| YTD Return | -10.79% | +10.91%Best |
| 1Y Return | - | +15.19% |
| 3Y Return (annualized) | - | +15.69% |
| 5Y Return (annualized) | - | +6.94% |
| Top 10 Weight | 45.4%Best | 48.2% |
| Fund Family | Baron Funds | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 12, 2025 | May 26, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
BCFN vs HEQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BCFN vs HEQ Performance
Baron Financials ETF (BCFN) is an ETF from Baron Funds and John Hancock Hedged Equity & Income Fund (HEQ) is an ETF from John Hancock Investment Management. Year to date, BCFN is down 10.79% versus a gain of 10.91% for HEQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
BCFN charges 0.80% per year while HEQ charges 1.16%. On a $10,000 position that is $80 vs $116 annually, a gap of $36 per year that compounds over a long holding period. On income, BCFN currently yields 0.00% against 8.10% for HEQ.
Holdings Overlap
5.1% of BCFN's money is in holdings HEQ also owns. 4.3% of HEQ's money is in holdings BCFN also owns.
BCFN and HEQ share little of their money.
1 positions in common, counted across the 40 positions we hold weights for in BCFN and 54 in HEQ, against full books of 84 and 659.
What only one of them owns
Our book lists 41 positions for HEQ that do not appear in our book for BCFN (85.5% of the fund), and 35 for BCFN that do not appear in HEQ (84.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BCFN | Weight in HEQ | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 5.07% | 4.32% | 0.75% |
You are not choosing between two funds in isolation.
Whichever of BCFN and HEQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCFN or HEQ?
BCFN has an expense ratio of 0.80% while HEQ charges 1.16%. BCFN is the cheaper option, by $36 a year on a $10,000 investment.
What is the holdings overlap between BCFN and HEQ?
5.1% of BCFN's money is in holdings HEQ also owns. 4.3% of HEQ's is in holdings BCFN also owns. They hold 1 positions in common, counted across the 40 positions we hold weights for in BCFN and 54 in HEQ.
Which pays a higher dividend, BCFN or HEQ?
BCFN yields 0.00% while HEQ yields 8.10%, so HEQ currently pays the higher dividend yield.
Is HEQ better than BCFN?
BCFN has a lower expense ratio. HEQ led over 1Y. BCFN is less concentrated, with 45.4% of the fund in its ten largest positions against 48.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.