MFS Global High Yield Fund (MHOIX) Alternatives
MFS Global High Yield Fund (MHOIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MHOIX. 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 MHOIX
MHOIX charges 0.81% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among MHOIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | MHOIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | MHOIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | MHOIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | MHOIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | MHOIX vs CRDOX |
Best Risk-Adjusted Alternatives to MHOIX
Among mutual funds in the High Yield Bonds 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 | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | MHOIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | MHOIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | Sep 30, 2010 | MHOIX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | MHOIX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | MHOIX vs PRCPX |
Top Performing MHOIX Alternatives (YTD)
MHOIX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.93% | Dec 31, 2009 | MHOIX vs FOCIX | |
| Pioneer ILS Interval Fund | 5.18% | Dec 16, 2014 | MHOIX vs XILSX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | MHOIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | MHOIX vs CCLFX | |
| Franklin Templeton SMACS: Series I | 0.52% | Jun 3, 2019 | MHOIX vs FQTIX |
Lowest Volatility Alternatives to MHOIX
MHOIX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.97% | Sep 30, 2010 | MHOIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | MHOIX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.71% | Jul 15, 2014 | MHOIX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | MHOIX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | MHOIX vs SCFIX |
Lowest Drawdown Alternatives to MHOIX
MHOIX alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | MHOIX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | MHOIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.46% | Mar 6, 2019 | MHOIX vs CCLFX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | MHOIX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | MHOIX vs CPMPX |
Other Mutual Funds from MFS
Most popular MFS mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 17 | -6.55% | Jan 31, 1996 | MHOIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 29 | -0.52% | May 1, 2006 | MHOIX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 62 | -2.70% | Sep 30, 2004 | MHOIX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 8 | -11.94% | Jan 1, 1935 | MHOIX vs MIGFX | |
| MFS Value Fund Class I | Large Cap Value Equities | 28 | -0.56% | Feb 1, 1996 | MHOIX vs MEIIX | |
| MFS Growth R6 | Large Cap Growth Equities | 12 | -13.60% | Jun 1, 2012 | MHOIX vs MFEKX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 59 | -3.26% | — | MHOIX vs MINIX | |
| MFS Growth I | Large Cap Growth Equities | 12 | -13.62% | Jul 10, 1997 | MHOIX vs MFEIX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 25 | -6.58% | Jul 15, 1924 | MHOIX vs MITTX | |
| MFS Value Fund | Large Cap Value Equities | 27 | -0.62% | Jan 2, 1996 | MHOIX vs MEIAX |
Often Compared With MHOIX
What investors most often compare with MHOIX, based on PortfoliosLab usage data.
Compare MHOIX with Any Fund or Stock
Compare MHOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.