ProFunds Mid Cap Value Fund (MLPIX) belongs to the Mid Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MLPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MLPIX
MLPIX charges 1.78% annually. There are 108 mutual funds in the Mid Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Value Index Fund | 0.05% | — | Jul 2019 | MLPIX vs FIMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.07% | 36.60B | Sep 2011 | MLPIX vs VMVAX | |
| Vanguard S&P Mid-Cap 400 Value Index Fund Institut... | 0.08% | — | Nov 2010 | MLPIX vs VMFVX | |
| Victory Integrity Small/Mid-Cap Value Fund | 0.09% | — | Jul 2011 | MLPIX vs MYISX | |
| Vanguard Mid-Cap Value Index Fund | 0.19% | — | Aug 2006 | MLPIX vs VMVIX |
Best Risk-Adjusted Alternatives to MLPIX
MLPIX has a PortfoliosLab risk / return rank of 27. There are 90 mutual funds in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Ceredex Mid-Cap Value Equity Fund | 92 | — | Nov 2001 | MLPIX vs SMVTX | |
| Harbor Mid Cap Value Fund | 88 | — | Mar 2002 | MLPIX vs HAMVX | |
| Columbia Select Mid Cap Value Fund | 88 | — | Nov 2001 | MLPIX vs NAMAX | |
| Delaware Opportunity Fund | 87 | — | Aug 1992 | MLPIX vs FIUSX | |
| PGIM Quant Solutions Mid-Cap Value Fund | 85 | — | Aug 1998 | MLPIX vs NCBVX |
Top Performing MLPIX Alternatives (YTD)
MLPIX is at 10.16% YTD. There are 84 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 25.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Ceredex Mid-Cap Value Equity Fund | 25.14% | — | Nov 2001 | MLPIX vs SMVTX | |
| Invesco V.I. American Value Fund | 24.46% | — | Jan 1997 | MLPIX vs UMCVX | |
| Invesco Value Opportunities Fund Class Y | 24.28% | — | Mar 2005 | MLPIX vs VVOIX | |
| Fidelity Value Strategies Fund | 24.18% | — | Dec 1983 | MLPIX vs FSLSX | |
| Fidelity Advisor Value Strategies Fund Class I | 24.15% | — | Jul 1995 | MLPIX vs FASOX |
Lowest Volatility Alternatives to MLPIX
MLPIX has 15.24% 1-year volatility. There are 69 mutual funds in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 11.64%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 11.64% | 36.60B | Sep 2011 | MLPIX vs VMVAX | |
| Vanguard Mid-Cap Value Index Fund | 11.65% | — | Aug 2006 | MLPIX vs VMVIX | |
| Nuance Mid Cap Value Fund | 11.66% | — | Dec 2013 | MLPIX vs NMAVX | |
| American Century Mid Cap Value Fund | 11.98% | 5.65B | Mar 2004 | MLPIX vs ACMVX | |
| American Century Mid Cap Value Fund A Class | 12.00% | — | Mar 2004 | MLPIX vs ACLAX |
Lowest Drawdown Alternatives to MLPIX
MLPIX has a 1-year max drawdown of -10.68%. There are 99 mutual funds in the Mid Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Quant Solutions Mid-Cap Value Fund | -6.31% | — | Aug 1998 | MLPIX vs NCBVX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | -6.51% | — | Dec 2006 | MLPIX vs GTTMX | |
| Delaware Opportunity Fund | -6.75% | — | Aug 1992 | MLPIX vs FIUSX | |
| Harbor Mid Cap Value Fund | -6.84% | — | Mar 2002 | MLPIX vs HAMVX | |
| Frank Value Fund | -6.95% | — | Jul 2004 | MLPIX vs FRNKX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include SMPIX, BTCFX, UOPIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund Investor C... | Leveraged Equities, Semiconductors, Technology Equities | 89 | 80.13% | — | Jun 2000 | MLPIX vs SMPIX | |
| Bitcoin ProFund Investor | Cryptocurrency | 1 | -27.61% | — | Jul 2021 | MLPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 64 | 38.26% | — | Nov 1997 | MLPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 51 | 16.02% | — | Nov 1997 | MLPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 73 | 49.95% | — | Jun 2000 | MLPIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 19 | -10.99% | — | Jun 2002 | MLPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 89 | 26.92% | — | Jun 2000 | MLPIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 18 | 31.64% | — | Jun 2000 | MLPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 62 | 19.41% | — | Aug 2000 | MLPIX vs OTPIX | |
| ProFunds UltraJapan Fund | Leveraged Equities | 96 | 101.57% | — | Feb 2000 | MLPIX vs UJPIX |
Often Compared With MLPIX
Investors most often compare MLPIX with VOO, OAKLX, MLPA. These 18 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare MLPIX with Any Fund or Stock
Compare MLPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MLPIX with funds that move differently
ProFunds Mid Cap Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MLPIX.
Explore MLPIX Diversifiers