MH Elite Small Cap Fund of Funds Fund (MHELX) 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 MHELX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MHELX
MHELX charges 1.25% annually. There are 480 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 | MHELX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | MHELX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | MHELX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | MHELX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | MHELX vs FYMIX |
Best Risk-Adjusted Alternatives to MHELX
MHELX has a PortfoliosLab risk / return rank of 68. There are 190 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 | MHELX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | MHELX vs TIBIX | |
| Davis Appreciation & Income Fund | 96 | — | Apr 1992 | MHELX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | MHELX vs NWQIX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | MHELX vs FSRRX |
Top Performing MHELX Alternatives (YTD)
MHELX is at 17.05% YTD. There are 4 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.72% | — | Jan 1998 | MHELX vs EKBAX | |
| Thornburg Investment Income Builder Fund Class I | 19.05% | — | Dec 2002 | MHELX vs TIBIX | |
| ICON Equity Income Fund | 18.94% | — | May 2004 | MHELX vs IOEZX | |
| Greenspring Fund | 17.70% | — | Jun 1983 | MHELX vs GRSPX | |
| AB Emerging Markets Multi-Asset Portfolio | 17.04% | — | Aug 2011 | MHELX vs ABIEX |
Lowest Volatility Alternatives to MHELX
MHELX has 19.76% 1-year volatility. There are 540 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | MHELX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | MHELX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | MHELX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | MHELX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | MHELX vs CSTAX |
Lowest Drawdown Alternatives to MHELX
MHELX has a 1-year max drawdown of -8.52%. There are 462 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 | MHELX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | MHELX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | MHELX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | MHELX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | MHELX vs CSTAX |
Other Mutual Funds from MH Elite
The 3 most viewed MH Elite mutual funds shown here include MHEIX, MHESX, MHEFX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MH Elite Income Fund of Funds | Global Allocation | 29 | 1.71% | — | Aug 2011 | MHELX vs MHEIX | |
| MH Elite Select Portfolio of Funds Fund | Global Allocation | 75 | 9.63% | — | Apr 2006 | MHELX vs MHESX | |
| MH Elite Fund of Funds Fund | Diversified Portfolio | 10 | -0.10% | — | Jan 2004 | MHELX vs MHEFX |
Often Compared With MHELX
Investors most often compare MHELX with BERIX, PUDZX, CAIBX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare MHELX with Any Fund or Stock
Compare MHELX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MHELX with funds that move differently
MH Elite Small Cap Fund of Funds Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MHELX.
Explore MHELX Diversifiers