Federated Hermes Equity Income Fund (LEIFX) belongs to the Dividend 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 66 mutual funds in the Dividend category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.07% | 129.60B | Dec 2013 | LEIFX vs VDADX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 0.08% | 96.20B | Feb 2019 | LEIFX vs VHYAX | |
| Vanguard International High Dividend Yield Index F... | 0.16% | 20.40B | Mar 2016 | LEIFX vs VIHAX | |
| Vanguard Equity Income Fund Admiral Shares | 0.19% | 65.40B | Aug 2001 | LEIFX vs VEIRX | |
| Vanguard Dividend Growth Fund | 0.20% | 35.70B | May 1992 | LEIFX vs VDIGX |
Best Risk-Adjusted Alternatives to LEIFX
LEIFX has a PortfoliosLab risk / return rank of 71. There are 55 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Equity Income Fund | 95 | — | Feb 1993 | LEIFX vs GSGRX | |
| Russell Investments Equity Income Fund | 94 | — | Mar 2000 | LEIFX vs REAYX | |
| T. Rowe Price Equity Income Fund | 94 | — | Oct 1985 | LEIFX vs PRFDX | |
| Pioneer Multi-Asset Income Fund A | 93 | — | Dec 2011 | LEIFX vs PMAIX | |
| JPMorgan Equity Income Fund R6 | 93 | — | Jul 1987 | LEIFX vs OIEJX |
Top Performing LEIFX Alternatives (YTD)
LEIFX is at 11.67% YTD. There are 58 mutual funds in the Dividend category with higher YTD returns, going as high as 23.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Transamerica Sustainable Equity Income Fund | 23.51% | — | Jan 2013 | LEIFX vs TRDIX | |
| Allspring Emerging Markets Equity Income Fund | 23.18% | — | May 2012 | LEIFX vs EQIIX | |
| Goldman Sachs Equity Income Fund | 20.71% | — | Feb 1993 | LEIFX vs GSGRX | |
| Fidelity Dividend Growth Fund | 20.24% | — | Apr 1993 | LEIFX vs FDGFX | |
| MFS Equity Income Fund | 19.85% | — | Sep 2012 | LEIFX vs EQNIX |
Lowest Volatility Alternatives to LEIFX
LEIFX has 10.09% 1-year volatility. There are 18 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.97% | — | Dec 2011 | LEIFX vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.37% | — | Dec 1973 | LEIFX vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 8.16% | — | Jul 1987 | LEIFX vs CAIFX | |
| American Century Equity Income Fund | 8.55% | 6.45B | Aug 1994 | LEIFX vs TWEIX | |
| American Century Equity Income Fund Class I | 8.57% | — | Jul 1998 | LEIFX vs ACIIX |
Lowest Drawdown Alternatives to LEIFX
LEIFX has a 1-year max drawdown of -6.01%. There are 5 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | -4.07% | — | Dec 2011 | LEIFX vs PMAIX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | -4.71% | — | Mar 2005 | LEIFX vs SVAAX | |
| John Hancock Premium Dividend Fund | -5.38% | — | Dec 1989 | LEIFX vs PDT | |
| Goldman Sachs Equity Income Fund | -5.48% | — | Feb 1993 | LEIFX vs GSGRX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | LEIFX vs CDDYX |
Other Mutual Funds from Federated
The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 92 | 15.38% | — | Mar 2005 | LEIFX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 21 | 7.72% | — | Sep 2005 | LEIFX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 39 | 4.84% | — | Sep 2008 | LEIFX vs QAMNX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 58 | 12.29% | — | Oct 2002 | LEIFX vs QIACX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 17 | 12.10% | — | Feb 1986 | LEIFX vs KAUFX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 63 | 1.65% | — | Dec 2008 | LEIFX vs FHYSX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 5 | 3.75% | — | Aug 1984 | LEIFX vs FGSAX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 53 | 2.41% | — | Aug 1984 | LEIFX vs FHYTX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -9.76% | — | Dec 1995 | LEIFX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 58 | 1.82% | — | Nov 2002 | LEIFX vs FIHBX |
Often Compared With LEIFX
Investors most often compare LEIFX with VEIPX, AVERX, ACTIX. These 20 comparison targets span 2 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