MH Elite Income Fund of Funds (MHEIX) Alternatives
MH Elite Income Fund of Funds (MHEIX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MHEIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MHEIX
MHEIX charges 1.25% annually. Among mutual funds in the Global Allocation category, these options have the lowest expense ratios among MHEIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | Feb 29, 2012 | MHEIX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | Jan 1, 1998 | MHEIX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | Apr 30, 2013 | MHEIX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | Apr 5, 2006 | MHEIX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | Dec 29, 2005 | MHEIX vs JNSMX |
Best Risk-Adjusted Alternatives to MHEIX
Among mutual funds in the Global Allocation category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | Dec 23, 2002 | MHEIX vs TIBAX | |
| Hartford Real Asset Fund | 97 | May 27, 2010 | MHEIX vs HRLYX | |
| GMO Benchmark-Free Fund | 97 | Jun 14, 2011 | MHEIX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 96 | Jul 22, 2003 | MHEIX vs GBMFX | |
| GMO Implementation Fund | 96 | Feb 29, 2012 | MHEIX vs GIMFX |
Top Performing MHEIX Alternatives (YTD)
MHEIX alternatives from the Global Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Allspring Absolute Return Fund | 14.79% | Feb 29, 2012 | MHEIX vs WARAX | |
| Hartford Real Asset Fund | 10.68% | May 27, 2010 | MHEIX vs HRLYX | |
| Wilmington Real Asset Fund | 10.27% | Jun 30, 2003 | MHEIX vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | 10.26% | Jan 30, 2012 | MHEIX vs RAPZX | |
| Principal Diversified Real Asset Fund | 9.23% | Mar 15, 2010 | MHEIX vs PDRDX |
Lowest Volatility Alternatives to MHEIX
MHEIX alternatives from the Global Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| PFG BNY Mellon Diversifier Strategy Fund | 4.95% | Dec 10, 2017 | MHEIX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.78% | Mar 24, 2011 | MHEIX vs LFMIX | |
| Principal Diversified Select Real Asset Fund | 6.83% | Jul 2, 2019 | MHEIX vs PDSYX | |
| Nuveen Real Asset Income Fund | 6.94% | Sep 12, 2011 | MHEIX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 7.17% | Dec 21, 2011 | MHEIX vs PMFYX |
Lowest Drawdown Alternatives to MHEIX
MHEIX alternatives from the Global Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | -3.08% | Mar 24, 2011 | MHEIX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -4.21% | Dec 10, 2017 | MHEIX vs PFADX | |
| Allspring Absolute Return Fund | -5.06% | Feb 29, 2012 | MHEIX vs WARAX | |
| Principal Diversified Select Real Asset Fund | -5.32% | Jul 2, 2019 | MHEIX vs PDSYX | |
| Catalyst/MAP Global Balanced Fund | -5.60% | Jul 28, 2011 | MHEIX vs TRXAX |
Other Mutual Funds from MH Elite
Most popular MH Elite mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | Diversified Portfolio | 58 | 2.64% | Aug 31, 1998 | MHEIX vs MHELX | |
| MH Elite Fund of Funds Fund | Diversified Portfolio | 6 | -13.72% | Jan 12, 2004 | MHEIX vs MHEFX |
Often Compared With MHEIX
What investors most often compare with MHEIX, based on PortfoliosLab usage data.
Compare MHEIX with Any Fund or Stock
Compare MHEIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.