MFS Equity Income Fund (EQNIX) belongs to the Large 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 EQNIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EQNIX
EQNIX charges 0.64% annually. There are 89 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | EQNIX vs FBLEX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | EQNIX vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | EQNIX vs FLCOX | |
| Vanguard Value Index Fund Institutional Shares | 0.04% | — | Jul 1998 | EQNIX vs VIVIX | |
| Vanguard Value Index Fund Admiral Shares | 0.05% | 245.00B | Nov 2000 | EQNIX vs VVIAX |
Best Risk-Adjusted Alternatives to EQNIX
EQNIX has a PortfoliosLab risk / return rank of 78. There are 111 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 95 | — | Oct 1993 | EQNIX vs FGIPX | |
| Delaware Growth and Income Fund | 95 | — | Oct 1993 | EQNIX vs FGINX | |
| Integrity Dividend Harvest Fund | 95 | — | May 2012 | EQNIX vs IDIVX | |
| Al Frank Fund | 95 | — | May 2006 | EQNIX vs VALAX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 95 | — | Jun 2022 | EQNIX vs AVLVX |
Top Performing EQNIX Alternatives (YTD)
EQNIX is at 13.93% YTD. There are 66 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 22.92%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Al Frank Fund | 22.92% | — | May 2006 | EQNIX vs VALAX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 22.00% | — | Jun 2022 | EQNIX vs AVLVX | |
| PIMCO RAE US Fund | 21.33% | — | Jun 2015 | EQNIX vs PKAIX | |
| AMG Yacktman Focused Fund | 20.67% | — | May 1997 | EQNIX vs YAFFX | |
| Calvert US Large-Cap Value Responsible Index Fund | 20.41% | — | Jun 2015 | EQNIX vs CFJIX |
Lowest Volatility Alternatives to EQNIX
EQNIX has 11.85% 1-year volatility. There are 207 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 3.66%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | 3.66% | — | Feb 2021 | EQNIX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.36% | — | Dec 1973 | EQNIX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.77% | — | Feb 1996 | EQNIX vs FALGX | |
| SEI Institutional Managed Trust Tax-Managed Manage... | 8.37% | — | Dec 2007 | EQNIX vs TMMAX | |
| American Century Equity Income Fund Class I | 8.48% | — | Jul 1998 | EQNIX vs ACIIX |
Lowest Drawdown Alternatives to EQNIX
EQNIX has a 1-year max drawdown of -7.94%. There are 212 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | EQNIX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | EQNIX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | EQNIX vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | EQNIX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | EQNIX vs SVAIX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MEIIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 11 | 1.95% | — | Jan 1996 | EQNIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 35 | 6.41% | — | May 2006 | EQNIX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 34 | 6.35% | — | Feb 1996 | EQNIX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 32 | 7.67% | — | Sep 2004 | EQNIX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -4.60% | — | Jan 1935 | EQNIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 8 | 1.48% | — | Jun 2012 | EQNIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 8 | 1.43% | — | Jul 1997 | EQNIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 24 | 3.87% | — | — | EQNIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 33 | 6.22% | — | Jan 1996 | EQNIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 30 | 5.46% | — | Jul 1924 | EQNIX vs MITTX |
Often Compared With EQNIX
Investors most often compare EQNIX with GSFTX, SCHD, QQQ. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare EQNIX with Any Fund or Stock
Compare EQNIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EQNIX with funds that move differently
MFS Equity Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EQNIX.
Explore EQNIX Diversifiers