Diamond Hill Mid Cap Fund (DHPAX) 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 DHPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DHPAX
DHPAX charges 1.07% annually. There are 74 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 | DHPAX vs FIMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.07% | 37.20B | Sep 2011 | DHPAX vs VMVAX | |
| Vanguard S&P Mid-Cap 400 Value Index Fund Institut... | 0.08% | — | Nov 2010 | DHPAX vs VMFVX | |
| Victory Integrity Small/Mid-Cap Value Fund | 0.09% | — | Jul 2011 | DHPAX vs MYISX | |
| Vanguard Mid-Cap Value Index Fund | 0.19% | — | Aug 2006 | DHPAX vs VMVIX |
Best Risk-Adjusted Alternatives to DHPAX
DHPAX has a PortfoliosLab risk / return rank of 29. There are 105 mutual funds in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor Mid Cap Value Fund | 97 | — | Mar 2002 | DHPAX vs HAMVX | |
| Harbor Mid Cap Value Fund Retirement Class | 97 | — | Mar 2016 | DHPAX vs HNMVX | |
| PGIM Quant Solutions Mid-Cap Value Fund | 95 | — | Aug 1998 | DHPAX vs NCBVX | |
| Columbia Select Mid Cap Value Fund | 95 | — | Nov 2001 | DHPAX vs NAMAX | |
| Fidelity Advisor Value Strategies Fund Class I | 94 | — | Jul 1995 | DHPAX vs FASOX |
Top Performing DHPAX Alternatives (YTD)
DHPAX is at 8.39% YTD. There are 110 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 30.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Value Strategies Fund | 30.49% | — | Dec 1983 | DHPAX vs FSLSX | |
| Fidelity Advisor Value Strategies Fund Class I | 30.44% | — | Jul 1995 | DHPAX vs FASOX | |
| Fidelity Advisor Value Strategies Fund Class A | 30.25% | — | Sep 1996 | DHPAX vs FSOAX | |
| Fidelity Advisor Value Strategies Fund Class M | 30.06% | — | Aug 1986 | DHPAX vs FASPX | |
| Fidelity Advisor Value Strategies Fund Class C | 29.67% | — | Aug 2001 | DHPAX vs FVCSX |
Lowest Volatility Alternatives to DHPAX
DHPAX has 13.90% 1-year volatility. There are 50 mutual funds in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 11.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 11.33% | 37.20B | Sep 2011 | DHPAX vs VMVAX | |
| Vanguard Mid-Cap Value Index Fund | 11.34% | — | Aug 2006 | DHPAX vs VMVIX | |
| Principal MidCap Value Fund I | 11.74% | — | Dec 2003 | DHPAX vs PVMIX | |
| Victory RS Value Fund | 11.78% | — | Jun 1993 | DHPAX vs RSVAX | |
| American Century Mid Cap Value Fund | 11.79% | 5.65B | Mar 2004 | DHPAX vs ACMVX |
Lowest Drawdown Alternatives to DHPAX
DHPAX has a 1-year max drawdown of -10.02%. There are 85 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 | DHPAX vs NCBVX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | -6.51% | — | Dec 2006 | DHPAX vs GTTMX | |
| Delaware Opportunity Fund | -6.75% | — | Aug 1992 | DHPAX vs FIUSX | |
| Harbor Mid Cap Value Fund Retirement Class | -6.84% | — | Mar 2016 | DHPAX vs HNMVX | |
| Harbor Mid Cap Value Fund | -6.84% | — | Mar 2002 | DHPAX vs HAMVX |
Other Mutual Funds from Diamond Hill
The 10 most viewed Diamond Hill mutual funds shown here include DHEAX, DHEIX, DIAMX 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 | 2.33% | — | Jul 2016 | DHPAX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | Short-Term Bond | 99 | 2.50% | — | Jul 2016 | DHPAX vs DHEIX | |
| Diamond Hill Long-Short Fund | Long-Short | 21 | -1.31% | — | Jun 2000 | DHPAX vs DIAMX | |
| Diamond Hill Large Cap Fund | Large Cap Value Equities | 25 | 7.46% | — | Jun 2001 | DHPAX vs DHLAX | |
| Diamond Hill All Cap Select Fund | Mid Cap Value Equities | 40 | 9.53% | — | Dec 2005 | DHPAX vs DHTAX | |
| Diamond Hill Core Bond Fund | Intermediate Core Bond | 14 | -0.09% | — | Jul 2016 | DHPAX vs DHRAX | |
| Diamond Hill Small Cap Fund | Small Cap Value Equities | 88 | 29.35% | — | Dec 2000 | DHPAX vs DHSCX | |
| Diamond Hill Small-Mid Cap Fund | Mid Cap Value Equities | 25 | 9.78% | — | Dec 2005 | DHPAX vs DHMAX | |
| Diamond Hill International Fund | Foreign Large Cap Equities | 57 | 10.59% | — | Jun 2019 | DHPAX vs DHIAX | |
| Diamond Hill Small Cap Fund Class I | Small Cap Value Equities | 87 | 29.57% | — | Dec 2000 | DHPAX vs DHSIX |
Often Compared With DHPAX
Investors most often compare DHPAX with FRNKX, JMVYX, DHLRX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare DHPAX with Any Fund or Stock
Compare DHPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DHPAX with funds that move differently
Diamond Hill Mid Cap Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DHPAX.
Explore DHPAX Diversifiers