MFS New Discovery Value Fund Class A (NDVAX) belongs to the Small 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 NDVAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NDVAX
NDVAX charges 1.21% annually. There are 84 mutual funds in the Small Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Small Cap Value Index Fund | 0.05% | — | Jul 2019 | NDVAX vs FISVX | |
| Vanguard Small-Cap Value Index Fund Institutional ... | 0.06% | — | Dec 1999 | NDVAX vs VSIIX | |
| Vanguard Small-Cap Value Index Fund Admiral Shares | 0.07% | 67.80B | Sep 2011 | NDVAX vs VSIAX | |
| Vanguard Russell 2000 Value Index Fund Institution... | 0.08% | — | Jul 2012 | NDVAX vs VRTVX | |
| Vanguard S&P Small-Cap 600 Value Index Fund Instit... | 0.08% | — | Nov 2014 | NDVAX vs VSMVX |
Best Risk-Adjusted Alternatives to NDVAX
NDVAX has a PortfoliosLab risk / return rank of 35. There are 113 mutual funds in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 95 | — | Dec 1996 | NDVAX vs MMEYX | |
| Third Avenue Small Cap Value Fund | 94 | — | Apr 1997 | NDVAX vs TASCX | |
| Aegis Value Fund Class I | 94 | — | May 1998 | NDVAX vs AVALX | |
| Royce Special Equity Fund | 94 | — | May 1998 | NDVAX vs RYSEX | |
| PGIM Quant Solutions Small-Cap Value Fund | 93 | — | Jan 1993 | NDVAX vs TASVX |
Top Performing NDVAX Alternatives (YTD)
NDVAX is at 13.97% YTD. There are 113 mutual funds in the Small Cap Value Equities category with higher YTD returns, going as high as 35.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 35.52% | — | Dec 1996 | NDVAX vs MMEYX | |
| Diamond Hill Small Cap Fund Class I | 28.15% | — | Dec 2000 | NDVAX vs DHSIX | |
| Diamond Hill Small Cap Fund | 27.91% | — | Dec 2000 | NDVAX vs DHSCX | |
| Columbia Select Small Cap Value Fund | 27.34% | — | Apr 1997 | NDVAX vs SSCVX | |
| Royce Special Equity Fund | 27.23% | — | May 1998 | NDVAX vs RYSEX |
Lowest Volatility Alternatives to NDVAX
NDVAX has 16.30% 1-year volatility. There are 34 mutual funds in the Small Cap Value Equities category with lower 1-year volatility, going as low as 4.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Palm Valley Capital Fund Investor Class | 4.52% | — | Apr 2019 | NDVAX vs PVCMX | |
| Third Avenue Small Cap Value Fund | 14.05% | — | Apr 1997 | NDVAX vs TASCX | |
| VELA Small Cap Fund | 14.28% | — | Sep 2020 | NDVAX vs VESMX | |
| AMG River Road Small-Mid Cap Value Fund | 14.41% | — | Mar 2007 | NDVAX vs ARSMX | |
| Pear Tree Polaris Small Cap Fund | 14.43% | — | Aug 1992 | NDVAX vs USBNX |
Lowest Drawdown Alternatives to NDVAX
NDVAX has a 1-year max drawdown of -10.90%. There are 93 mutual funds in the Small Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Palm Valley Capital Fund Investor Class | -2.81% | — | Apr 2019 | NDVAX vs PVCMX | |
| Third Avenue Small Cap Value Fund | -6.29% | — | Apr 1997 | NDVAX vs TASCX | |
| PIMCO RAE US Small Fund | -7.62% | — | Jun 2015 | NDVAX vs PMJIX | |
| PIMCO RAE US Small Fund Class A | -7.66% | — | Jun 2015 | NDVAX vs PMJAX | |
| Transamerica Small Cap Value | -7.73% | — | Jan 2003 | NDVAX vs TSLTX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MDIJX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 40 | 8.67% | — | Jan 1996 | NDVAX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 70 | 10.58% | — | May 2006 | NDVAX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 61 | 11.35% | — | Sep 2004 | NDVAX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 69 | 10.50% | — | Feb 1996 | NDVAX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 6 | -1.78% | — | Jan 1935 | NDVAX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 7 | 0.75% | — | Jun 2012 | NDVAX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 7 | 0.70% | — | Jul 1997 | NDVAX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 51 | 9.12% | — | — | NDVAX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 67 | 10.34% | — | Jan 1996 | NDVAX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 39 | 8.24% | — | Jul 1924 | NDVAX vs MITTX |
Often Compared With NDVAX
Investors most often compare NDVAX with FESCX, BRSIX, HRTVX. These 14 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare NDVAX with Any Fund or Stock
Compare NDVAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NDVAX with funds that move differently
MFS New Discovery Value Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NDVAX.
Explore NDVAX Diversifiers