MFS New Discovery Value Fund (NDVIX) 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 NDVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NDVIX
NDVIX charges 0.93% annually. There are 42 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 | NDVIX vs FISVX | |
| Vanguard Small-Cap Value Index Fund Institutional ... | 0.06% | — | Dec 1999 | NDVIX vs VSIIX | |
| Vanguard Small-Cap Value Index Fund Admiral Shares | 0.07% | 67.80B | Sep 2011 | NDVIX vs VSIAX | |
| Vanguard S&P Small-Cap 600 Value Index Fund Instit... | 0.08% | — | Nov 2014 | NDVIX vs VSMVX | |
| Vanguard Russell 2000 Value Index Fund Institution... | 0.08% | — | Jul 2012 | NDVIX vs VRTVX |
Best Risk-Adjusted Alternatives to NDVIX
NDVIX has a PortfoliosLab risk / return rank of 29. There are 116 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 | NDVIX vs MMEYX | |
| Royce Special Equity Fund | 95 | — | May 1998 | NDVIX vs RYSEX | |
| Third Avenue Small Cap Value Fund | 95 | — | Apr 1997 | NDVIX vs TASCX | |
| Aegis Value Fund Class I | 94 | — | May 1998 | NDVIX vs AVALX | |
| PGIM Quant Solutions Small-Cap Value Fund | 94 | — | Jan 1993 | NDVIX vs TASVX |
Top Performing NDVIX Alternatives (YTD)
NDVIX is at 10.35% YTD. There are 118 mutual funds in the Small Cap Value Equities category with higher YTD returns, going as high as 35.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 35.19% | — | Dec 1996 | NDVIX vs MMEYX | |
| Columbia Select Small Cap Value Fund | 27.88% | — | Apr 1997 | NDVIX vs SSCVX | |
| Diamond Hill Small Cap Fund Class I | 27.79% | — | Dec 2000 | NDVIX vs DHSIX | |
| Diamond Hill Small Cap Fund | 27.58% | — | Dec 2000 | NDVIX vs DHSCX | |
| Royce Special Equity Fund | 26.73% | — | May 1998 | NDVIX vs RYSEX |
Lowest Volatility Alternatives to NDVIX
NDVIX has 16.60% 1-year volatility. There are 42 mutual funds in the Small Cap Value Equities category with lower 1-year volatility, going as low as 4.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Palm Valley Capital Fund Investor Class | 4.47% | — | Apr 2019 | NDVIX vs PVCMX | |
| Third Avenue Small Cap Value Fund | 13.98% | — | Apr 1997 | NDVIX vs TASCX | |
| VELA Small Cap Fund | 14.27% | — | Sep 2020 | NDVIX vs VESMX | |
| Pear Tree Polaris Small Cap Fund | 14.36% | — | Aug 1992 | NDVIX vs USBNX | |
| AMG River Road Small-Mid Cap Value Fund | 14.37% | — | Mar 2007 | NDVIX vs ARSMX |
Lowest Drawdown Alternatives to NDVIX
NDVIX has a 1-year max drawdown of -10.87%. There are 91 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 | NDVIX vs PVCMX | |
| Third Avenue Small Cap Value Fund | -6.29% | — | Apr 1997 | NDVIX vs TASCX | |
| PIMCO RAE US Small Fund | -7.62% | — | Jun 2015 | NDVIX vs PMJIX | |
| PIMCO RAE US Small Fund Class A | -7.66% | — | Jun 2015 | NDVIX vs PMJAX | |
| Transamerica Small Cap Value | -7.73% | — | Jan 2003 | NDVIX 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 | 37 | 8.45% | — | Jan 1996 | NDVIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 75 | 11.15% | — | May 2006 | NDVIX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 57 | 11.17% | — | Sep 2004 | NDVIX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 74 | 11.07% | — | Feb 1996 | NDVIX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -2.12% | — | Jan 1935 | NDVIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 6 | 1.45% | — | Jun 2012 | NDVIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 6 | 1.39% | — | Jul 1997 | NDVIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 44 | 8.16% | — | — | NDVIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 73 | 10.91% | — | Jan 1996 | NDVIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 33 | 7.99% | — | Jul 1924 | NDVIX vs MITTX |
Often Compared With NDVIX
Investors most often compare NDVIX with SMCWX, VTI, FESM. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare NDVIX with Any Fund or Stock
Compare NDVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NDVIX with funds that move differently
MFS New Discovery Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NDVIX.
Explore NDVIX Diversifiers