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% | 65.50B | Sep 2011 | NDVAX vs VSIAX | |
| Vanguard S&P Small-Cap 600 Value Index Fund Instit... | 0.08% | — | Nov 2014 | NDVAX vs VSMVX | |
| Vanguard Russell 2000 Value Index Fund Institution... | 0.08% | — | Jul 2012 | NDVAX vs VRTVX |
Best Risk-Adjusted Alternatives to NDVAX
NDVAX has a PortfoliosLab risk / return rank of 26. There are 109 mutual funds in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Aegis Value Fund | 90 | — | May 1998 | NDVAX vs AVALX | |
| Victory Integrity Discovery Fund | 89 | — | Dec 1996 | NDVAX vs MMEYX | |
| Transamerica Small Cap Value | 88 | — | Jan 2003 | NDVAX vs TSLTX | |
| VY Columbia Small Cap Value II Portfolio | 87 | — | Apr 2006 | NDVAX vs ICISX | |
| Third Avenue Small Cap Value Fund | 87 | — | Apr 1997 | NDVAX vs TASCX |
Top Performing NDVAX Alternatives (YTD)
NDVAX is at 13.55% YTD. There are 109 mutual funds in the Small Cap Value Equities category with higher YTD returns, going as high as 33.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 33.82% | — | Dec 1996 | NDVAX vs MMEYX | |
| Royce Opportunity Fund | 29.63% | — | Nov 1996 | NDVAX vs RYPNX | |
| First Eagle Small Cap Opportunity Fund | 28.08% | — | Apr 2021 | NDVAX vs FESCX | |
| Invesco Small Cap Value Fund | 27.97% | — | Jun 1999 | NDVAX vs VSCAX | |
| Fidelity Advisor Small Cap Value Fund Class Z | 26.39% | — | Oct 2018 | NDVAX vs FIKNX |
Lowest Volatility Alternatives to NDVAX
NDVAX has 16.46% 1-year volatility. There are 33 mutual funds in the Small Cap Value Equities category with lower 1-year volatility, going as low as 0.66%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro SMID Cap Equity Fund | 0.66% | — | Sep 2017 | NDVAX vs SHDPX | |
| Palm Valley Capital Fund Investor Class | 4.30% | — | Apr 2019 | NDVAX vs PVCMX | |
| Third Avenue Small Cap Value Fund | 14.19% | — | Apr 1997 | NDVAX vs TASCX | |
| VELA Small Cap Fund | 14.29% | — | Sep 2020 | NDVAX vs VESMX | |
| Royce Special Equity Fund | 14.30% | — | May 1998 | NDVAX vs RYSEX |
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, MEIIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 13 | 4.56% | — | Jan 1996 | NDVAX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 43 | 9.10% | — | May 2006 | NDVAX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 43 | 9.04% | — | Feb 1996 | NDVAX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 37 | 9.26% | — | Sep 2004 | NDVAX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -2.07% | — | Jan 1935 | NDVAX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 9 | 4.14% | — | Jun 2012 | NDVAX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 9 | 4.08% | — | Jul 1997 | NDVAX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 26 | 5.40% | — | — | NDVAX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 41 | 8.91% | — | Jan 1996 | NDVAX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 34 | 8.13% | — | Jul 1924 | NDVAX vs MITTX |
Often Compared With NDVAX
Investors most often compare NDVAX with ARSMX, SSCVX, NSDVX. These 10 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AMG River Road Small-Mid Cap Value Fund | Small Cap Value Equities | 5 | 6.93% | — | Mar 2007 | NDVAX vs ARSMX | |
| Columbia Select Small Cap Value Fund | Small Cap Value Equities | 78 | 26.26% | — | Apr 1997 | NDVAX vs SSCVX | |
| North Star Dividend Fund | Small Cap Value Equities | 38 | 20.47% | — | May 2013 | NDVAX vs NSDVX | |
| Heartland Value Fund | Small Cap Value Equities | 84 | 23.88% | — | Dec 1984 | NDVAX vs HRTVX | |
| Bridgeway Ultra Small Company Market Fund | Small Cap Value Equities | 70 | 19.53% | — | Jul 1997 | NDVAX vs BRSIX | |
| Brandes Small Cap Value Fund | Small Cap Value Equities | 86 | 21.62% | — | Jan 2018 | NDVAX vs BSCMX | |
| FPA Queens Road Small Cap Value Fund Investor Clas... | Small Cap Value Equities | 81 | 24.76% | — | Jun 2002 | NDVAX vs QRSVX | |
| Walthausen Small Cap Value Fund | Small Cap Value Equities | 87 | 25.74% | — | Feb 2008 | NDVAX vs WSCVX | |
| Diamond Hill Small Cap Fund | Small Cap Value Equities | 70 | 24.73% | — | Dec 2000 | NDVAX vs DHSCX | |
| Diamond Hill Small Cap Fund Class I | Small Cap Value Equities | 71 | 24.94% | — | Dec 2000 | NDVAX vs DHSIX |
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