MH Elite Select Portfolio of Funds Fund (MHESX) 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 MHESX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MHESX
MHESX charges 0.21% annually. There are 3 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | MHESX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | MHESX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | MHESX vs IPIRX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | MHESX vs JNSMX | |
| Janus Henderson Global Allocation Fund - Growth | 0.26% | — | Dec 2005 | MHESX vs JNSGX |
Best Risk-Adjusted Alternatives to MHESX
MHESX has a PortfoliosLab risk / return rank of 75. There are 35 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | MHESX vs TIBAX | |
| GMO Benchmark-Free Fund | 97 | — | Jun 2011 | MHESX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | MHESX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | MHESX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | MHESX vs PDSYX |
Top Performing MHESX Alternatives (YTD)
MHESX is at 9.63% YTD. There are 30 mutual funds in the Global Allocation category with higher YTD returns, going as high as 18.98%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 18.98% | — | Dec 2002 | MHESX vs TIBAX | |
| Calamos Global Total Return Fund | 17.25% | — | Oct 2005 | MHESX vs CGO | |
| Calamos Global Dynamic Income Fund | 16.99% | — | Jun 2007 | MHESX vs CHW | |
| Wilmington Real Asset Fund | 16.46% | — | Jun 2003 | MHESX vs WMRIX | |
| Nuveen Multi-Asset Income Fund | 15.72% | — | Nov 2021 | MHESX vs NMAI |
Lowest Volatility Alternatives to MHESX
MHESX has 11.41% 1-year volatility. There are 61 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | MHESX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.42% | — | Dec 2017 | MHESX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.78% | — | Mar 2011 | MHESX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.79% | — | Sep 2011 | MHESX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | MHESX vs PMFYX |
Lowest Drawdown Alternatives to MHESX
MHESX has a 1-year max drawdown of -8.64%. There are 61 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | MHESX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -3.48% | — | Mar 2011 | MHESX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MHESX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | MHESX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | MHESX vs MSTGX |
Other Mutual Funds from MH Elite
The 3 most viewed MH Elite mutual funds shown here include MHELX, MHEIX, MHEFX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | Diversified Portfolio | 68 | 17.05% | — | Aug 1998 | MHESX vs MHELX | |
| MH Elite Income Fund of Funds | Global Allocation | 29 | 1.71% | — | Aug 2011 | MHESX vs MHEIX | |
| MH Elite Fund of Funds Fund | Diversified Portfolio | 10 | -0.10% | — | Jan 2004 | MHESX vs MHEFX |
Often Compared With MHESX
Investors most often compare MHESX with FFAAX, CENTX, TZINX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare MHESX with Any Fund or Stock
Compare MHESX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MHESX with funds that move differently
MH Elite Select Portfolio of Funds Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MHESX.
Explore MHESX Diversifiers