MH Elite Fund of Funds Fund (MHEFX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MHEFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MHEFX
MHEFX charges 1.25% annually. There are 477 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | MHEFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | MHEFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | MHEFX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | MHEFX vs VTMFX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | MHEFX vs FYMIX |
Best Risk-Adjusted Alternatives to MHEFX
MHEFX has a PortfoliosLab risk / return rank of 11. There are 523 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | MHEFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | MHEFX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | MHEFX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | MHEFX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | MHEFX vs AOBLX |
Top Performing MHEFX Alternatives (YTD)
MHEFX is at -0.21% YTD. There are 530 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 34.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 34.11% | — | Jan 1998 | MHEFX vs EKBAX | |
| MH Elite Small Cap Fund of Funds Fund | 20.86% | — | Aug 1998 | MHEFX vs MHELX | |
| Greenspring Fund | 20.56% | — | Jun 1983 | MHEFX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 16.73% | — | Dec 2002 | MHEFX vs TIBIX | |
| ICON Equity Income Fund | 13.66% | — | May 2004 | MHEFX vs IOEZX |
Lowest Volatility Alternatives to MHEFX
MHEFX has 13.71% 1-year volatility. There are 514 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | MHEFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.84% | — | Apr 2012 | MHEFX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.85% | — | Nov 2003 | MHEFX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | MHEFX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | MHEFX vs CSTAX |
Lowest Drawdown Alternatives to MHEFX
MHEFX has a 1-year max drawdown of -15.60%. There are 537 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | MHEFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | MHEFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | MHEFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | MHEFX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | MHEFX vs CSTAX |
Other Mutual Funds from MH Elite
The 2 most viewed MH Elite mutual funds shown here include MHEIX, MHESX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MH Elite Income Fund of Funds | Global Allocation | 34 | 2.09% | — | Aug 2011 | MHEFX vs MHEIX | |
| MH Elite Select Portfolio of Funds Fund | Global Allocation | 67 | 9.63% | — | Apr 2006 | MHEFX vs MHESX |
Often Compared With MHEFX
Investors most often compare MHEFX with BERIX, CONWX, AAAAX. These 19 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare MHEFX with Any Fund or Stock
Compare MHEFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MHEFX with funds that move differently
MH Elite Fund of Funds Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MHEFX.
Explore MHEFX Diversifiers