Heartland Value Plus Fund (HRVIX) belongs to the Small 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 HRVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HRVIX
HRVIX charges 1.15% annually. There are 74 mutual funds in the Small Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Small Cap Value Index Fund | 0.05% | — | Jul 2019 | HRVIX vs FISVX | |
| Vanguard Small-Cap Value Index Fund Institutional ... | 0.06% | — | Dec 1999 | HRVIX vs VSIIX | |
| Vanguard Small-Cap Value Index Fund Admiral Shares | 0.07% | 65.50B | Sep 2011 | HRVIX vs VSIAX | |
| Vanguard Russell 2000 Value Index Fund Institution... | 0.08% | — | Jul 2012 | HRVIX vs VRTVX | |
| Vanguard S&P Small-Cap 600 Value Index Fund Instit... | 0.08% | — | Nov 2014 | HRVIX vs VSMVX |
Best Risk-Adjusted Alternatives to HRVIX
HRVIX has a PortfoliosLab risk / return rank of 51. There are 80 mutual funds in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Aegis Value Fund | 92 | — | May 1998 | HRVIX vs AVALX | |
| Victory Integrity Discovery Fund | 90 | — | Dec 1996 | HRVIX vs MMEYX | |
| Transamerica Small Cap Value | 89 | — | Jan 2003 | HRVIX vs TSLTX | |
| VY Columbia Small Cap Value II Portfolio | 88 | — | Apr 2006 | HRVIX vs ICISX | |
| Third Avenue Small Cap Value Fund | 88 | — | Apr 1997 | HRVIX vs TASCX |
Top Performing HRVIX Alternatives (YTD)
HRVIX is at 21.42% YTD. There are 43 mutual funds in the Small Cap Value Equities category with higher YTD returns, going as high as 34.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 34.15% | — | Dec 1996 | HRVIX vs MMEYX | |
| Royce Opportunity Fund | 29.76% | — | Nov 1996 | HRVIX vs RYPNX | |
| First Eagle Small Cap Opportunity Fund | 28.17% | — | Apr 2021 | HRVIX vs FESCX | |
| Invesco Small Cap Value Fund | 27.26% | — | Jun 1999 | HRVIX vs VSCAX | |
| Fidelity Advisor Small Cap Value Fund Class Z | 26.59% | — | Oct 2018 | HRVIX vs FIKNX |
Lowest Volatility Alternatives to HRVIX
HRVIX has 17.27% 1-year volatility. There are 62 mutual funds in the Small Cap Value Equities category with lower 1-year volatility, going as low as 0.66%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro SMID Cap Equity Fund | 0.66% | — | Sep 2017 | HRVIX vs SHDPX | |
| Palm Valley Capital Fund Investor Class | 4.33% | — | Apr 2019 | HRVIX vs PVCMX | |
| Third Avenue Small Cap Value Fund | 14.18% | — | Apr 1997 | HRVIX vs TASCX | |
| VELA Small Cap Fund | 14.25% | — | Sep 2020 | HRVIX vs VESMX | |
| Royce Special Equity Fund | 14.26% | — | May 1998 | HRVIX vs RYSEX |
Lowest Drawdown Alternatives to HRVIX
HRVIX has a 1-year max drawdown of -11.97%. There are 104 mutual funds in the Small Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Palm Valley Capital Fund Investor Class | -2.81% | — | Apr 2019 | HRVIX vs PVCMX | |
| Third Avenue Small Cap Value Fund | -6.29% | — | Apr 1997 | HRVIX vs TASCX | |
| PIMCO RAE US Small Fund | -7.62% | — | Jun 2015 | HRVIX vs PMJIX | |
| PIMCO RAE US Small Fund Class A | -7.66% | — | Jun 2015 | HRVIX vs PMJAX | |
| Transamerica Small Cap Value | -7.73% | — | Jan 2003 | HRVIX vs TSLTX |
Other Mutual Funds from Heartland
The 2 most viewed Heartland mutual funds shown here include HRTVX, HRMDX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Heartland Value Fund | Small Cap Value Equities | 85 | 23.84% | — | Dec 1984 | HRVIX vs HRTVX | |
| Heartland Mid Cap Value Fund | Mid Cap Value Equities | 22 | 14.32% | — | Oct 2014 | HRVIX vs HRMDX |
Often Compared With HRVIX
Investors most often compare HRVIX with VOO, VYM, HWSIX. These 18 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare HRVIX with Any Fund or Stock
Compare HRVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HRVIX with funds that move differently
Heartland Value Plus Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HRVIX.
Explore HRVIX Diversifiers