Federated Hermes Equity Income Fund (LEIFX) 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 LEIFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LEIFX
LEIFX charges 1.11% annually. There are 270 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 | LEIFX vs FBLEX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | LEIFX vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | LEIFX vs FLCOX | |
| Vanguard Value Index Fund Institutional Shares | 0.04% | — | Jul 1998 | LEIFX vs VIVIX | |
| Vanguard Value Index Fund Admiral Shares | 0.05% | 245.00B | Nov 2000 | LEIFX vs VVIAX |
Best Risk-Adjusted Alternatives to LEIFX
LEIFX has a PortfoliosLab risk / return rank of 72. There are 121 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 | LEIFX vs FGIPX | |
| Delaware Growth and Income Fund | 95 | — | Oct 1993 | LEIFX vs FGINX | |
| Al Frank Fund | 95 | — | May 2006 | LEIFX vs VALAX | |
| Integrity Dividend Harvest Fund | 94 | — | May 2012 | LEIFX vs IDIVX | |
| SA U.S. Value Fund | 94 | — | Aug 1999 | LEIFX vs SABTX |
Top Performing LEIFX Alternatives (YTD)
LEIFX is at 8.50% YTD. There are 202 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 23.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Al Frank Fund | 23.37% | — | May 2006 | LEIFX vs VALAX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 21.93% | — | Jun 2022 | LEIFX vs AVLVX | |
| PIMCO RAE US Fund | 21.19% | — | Jun 2015 | LEIFX vs PKAIX | |
| Calvert US Large-Cap Value Responsible Index Fund | 20.00% | — | Jun 2015 | LEIFX vs CFJIX | |
| AMG Yacktman Focused Fund | 19.89% | — | May 1997 | LEIFX vs YAFFX |
Lowest Volatility Alternatives to LEIFX
LEIFX has 9.73% 1-year volatility. There are 30 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 3.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | 3.65% | — | Feb 2021 | LEIFX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.36% | — | Dec 1973 | LEIFX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.83% | — | Feb 1996 | LEIFX vs FALGX | |
| SEI Institutional Managed Trust Tax-Managed Manage... | 8.41% | — | Dec 2007 | LEIFX vs TMMAX | |
| American Century Equity Income Fund Class I | 8.50% | — | Jul 1998 | LEIFX vs ACIIX |
Lowest Drawdown Alternatives to LEIFX
LEIFX has a 1-year max drawdown of -6.01%. There are 29 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 | LEIFX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | LEIFX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | LEIFX vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | LEIFX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | LEIFX vs SVAIX |
Other Mutual Funds from Federated
The 10 most viewed Federated mutual funds shown here include QILGX, QAMNX, KAUFX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 16 | 2.43% | — | Sep 2005 | LEIFX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 7 | -0.85% | — | Sep 2008 | LEIFX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 12 | 7.83% | — | Feb 1986 | LEIFX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 38 | 4.42% | — | Oct 2002 | LEIFX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -1.13% | — | Aug 1984 | LEIFX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 65 | 1.02% | — | Dec 2008 | LEIFX vs FHYSX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -6.07% | — | Dec 1995 | LEIFX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 56 | 0.93% | — | Nov 2002 | LEIFX vs FIHBX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 49 | 1.18% | — | Aug 1984 | LEIFX vs FHYTX | |
| Federated Hermes International Small-Mid Company F... | Foreign Small & Mid Cap Equities | 28 | 7.59% | — | Feb 1996 | LEIFX vs ISCAX |
Often Compared With LEIFX
Investors most often compare LEIFX with VEIPX, TWEIX, AVERX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare LEIFX with Any Fund or Stock
Compare LEIFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LEIFX with funds that move differently
Federated Hermes Equity Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LEIFX.
Explore LEIFX Diversifiers