Diamond Hill Small-Mid Cap Fund (DHMAX) belongs to the Mid Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DHMAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DHMAX
DHMAX charges 1.21% annually. There are 90 mutual funds in the Mid Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Value Index Fund | 0.05% | — | Jul 2019 | DHMAX vs FIMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.07% | 36.60B | Sep 2011 | DHMAX vs VMVAX | |
| Vanguard S&P Mid-Cap 400 Value Index Fund Institut... | 0.08% | — | Nov 2010 | DHMAX vs VMFVX | |
| Victory Integrity Small/Mid-Cap Value Fund | 0.09% | — | Jul 2011 | DHMAX vs MYISX | |
| Vanguard Mid-Cap Value Index Fund | 0.19% | — | Aug 2006 | DHMAX vs VMVIX |
Best Risk-Adjusted Alternatives to DHMAX
DHMAX has a PortfoliosLab risk / return rank of 13. There are 104 mutual funds in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor Mid Cap Value Fund | 90 | — | Mar 2002 | DHMAX vs HAMVX | |
| Columbia Select Mid Cap Value Fund | 88 | — | Nov 2001 | DHMAX vs NAMAX | |
| PGIM Quant Solutions Mid-Cap Value Fund | 86 | — | Aug 1998 | DHMAX vs NCBVX | |
| Delaware Opportunity Fund | 85 | — | Aug 1992 | DHMAX vs FIUSX | |
| Virtus Ceredex Mid-Cap Value Equity Fund | 85 | — | Nov 2001 | DHMAX vs SMVTX |
Top Performing DHMAX Alternatives (YTD)
DHMAX is at 6.78% YTD. There are 104 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 26.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Value Strategies Fund | 26.44% | — | Dec 1983 | DHMAX vs FSLSX | |
| Fidelity Advisor Value Strategies Fund Class I | 26.40% | — | Jul 1995 | DHMAX vs FASOX | |
| Fidelity Advisor Value Strategies Fund Class A | 26.23% | — | Sep 1996 | DHMAX vs FSOAX | |
| Fidelity Advisor Value Strategies Fund Class M | 26.06% | — | Aug 1986 | DHMAX vs FASPX | |
| Fidelity Advisor Value Strategies Fund Class C | 25.73% | — | Aug 2001 | DHMAX vs FVCSX |
Lowest Volatility Alternatives to DHMAX
DHMAX has 15.65% 1-year volatility. There are 77 mutual funds in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 11.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 11.53% | 36.60B | Sep 2011 | DHMAX vs VMVAX | |
| Vanguard Mid-Cap Value Index Fund | 11.54% | — | Aug 2006 | DHMAX vs VMVIX | |
| American Century Mid Cap Value Fund | 11.85% | 5.65B | Mar 2004 | DHMAX vs ACMVX | |
| American Century Mid Cap Value Fund A Class | 11.87% | — | Mar 2004 | DHMAX vs ACLAX | |
| Principal MidCap Value Fund I | 11.87% | — | Dec 2003 | DHMAX vs PVMIX |
Lowest Drawdown Alternatives to DHMAX
DHMAX has a 1-year max drawdown of -10.73%. There are 101 mutual funds in the Mid Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Quant Solutions Mid-Cap Value Fund | -6.31% | — | Aug 1998 | DHMAX vs NCBVX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | -6.51% | — | Dec 2006 | DHMAX vs GTTMX | |
| Delaware Opportunity Fund | -6.75% | — | Aug 1992 | DHMAX vs FIUSX | |
| Harbor Mid Cap Value Fund | -6.84% | — | Mar 2002 | DHMAX vs HAMVX | |
| Frank Value Fund | -6.95% | — | Jul 2004 | DHMAX vs FRNKX |
Other Mutual Funds from Diamond Hill
The 10 most viewed Diamond Hill mutual funds shown here include DHEAX, DIAMX, DHLAX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Diamond Hill Short Duration Securitized Bond Fund | Short-Term Bond | 99 | 1.99% | — | Jul 2016 | DHMAX vs DHEAX | |
| Diamond Hill Long-Short Fund | Long-Short | 7 | -5.07% | — | Jun 2000 | DHMAX vs DIAMX | |
| Diamond Hill Large Cap Fund | Large Cap Value Equities | 6 | 3.19% | — | Jun 2001 | DHMAX vs DHLAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | Short-Term Bond | 99 | 2.14% | — | Jul 2016 | DHMAX vs DHEIX | |
| Diamond Hill All Cap Select Fund | Mid Cap Value Equities | 19 | 5.34% | — | Dec 2005 | DHMAX vs DHTAX | |
| Diamond Hill Core Bond Fund | Intermediate Core Bond | 23 | 0.32% | — | Jul 2016 | DHMAX vs DHRAX | |
| Diamond Hill Small Cap Fund | Small Cap Value Equities | 64 | 25.06% | — | Dec 2000 | DHMAX vs DHSCX | |
| Diamond Hill Mid Cap Fund | Mid Cap Value Equities | 17 | 5.76% | — | Dec 2013 | DHMAX vs DHPAX | |
| Diamond Hill International Fund | Foreign Large Cap Equities | 42 | 9.97% | — | Jun 2019 | DHMAX vs DHIAX | |
| Diamond Hill Small Cap Fund Class I | Small Cap Value Equities | 66 | 25.26% | — | Dec 2000 | DHMAX vs DHSIX |
Often Compared With DHMAX
Investors most often compare DHMAX with TEQAX, JMVYX, DHLRX. These 17 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare DHMAX with Any Fund or Stock
Compare DHMAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DHMAX with funds that move differently
Diamond Hill Small-Mid Cap Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DHMAX.
Explore DHMAX Diversifiers