EQTIX vs. MFHVX

Last updated Aug 1, 2026

EQTIX (Shelton Equity Income Fund) and MFHVX (MetLife Opportunistic High Yield Fund) are both mutual funds - EQTIX is a Derivative Income fund managed by Shelton, while MFHVX is a High Yield Bonds fund managed by MetLife. Over the past 5 years, EQTIX returned 8.95%/yr vs 4.12%/yr for MFHVX. Their 0.45 correlation means their historical movements had little consistent relationship. EQTIX charges 0.72%/yr vs 1.43%/yr for MFHVX.

Performance

EQTIX vs. MFHVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Equity Income Fund (EQTIX) and MetLife Opportunistic High Yield Fund (MFHVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQTIX achieves a 8.58% return, which is significantly higher than MFHVX's 4.04% return.

EQTIX

• 1D: 1.58%
• 1M: 0.00%
• 6M: 7.22%
• YTD: 8.58%
• 1Y: 15.86%
• 3Y*: 13.20%
• 5Y*: 8.95%
• 10Y*: 9.38%
• ALL TIME*: 7.94%

MFHVX

• 1D: 0.23%
• 1M: 0.61%
• 6M: 2.77%
• YTD: 4.04%
• 1Y: 5.81%
• 3Y*: 8.00%
• 5Y*: 4.12%
• 10Y*: —
• ALL TIME*: 5.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EQTIX Shelton Equity Income Fund	$0.00	$0.00	$0.00
MFHVX MetLife Opportunistic High Yield Fund	$0.00	$0.00	$0.00

EQTIX vs. MFHVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EQTIX Shelton Equity Income Fund	8.58%	8.84%	17.18%	17.17%	-10.28%	23.76%	6.87%	17.66%	-8.19%
MFHVX MetLife Opportunistic High Yield Fund	4.04%	4.56%	9.72%	14.09%	-12.06%	10.53%	6.88%	12.81%	-3.06%

Correlation

The correlation between EQTIX and MFHVX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.57
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (5Y) Shows whether the relationship held over a longer period.	0.48
Correlation (All Time) Calculated using the full available price history since Dec 3, 2018	0.45

The correlation between EQTIX and MFHVX shifts across timeframes, from 0.45 (all time) to 0.57 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EQTIX vs. MFHVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EQTIX

EQTIX Risk / Return Rank: 55
EQTIX Sharpe Ratio Rank: 51
EQTIX Sortino Ratio Rank: 49
EQTIX Omega Ratio Rank: 48
EQTIX Calmar Ratio Rank: 58
EQTIX Martin Ratio Rank: 69

MFHVX

MFHVX Risk / Return Rank: 73
MFHVX Sharpe Ratio Rank: 85
MFHVX Sortino Ratio Rank: 83
MFHVX Omega Ratio Rank: 85
MFHVX Calmar Ratio Rank: 71
MFHVX Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EQTIX vs. MFHVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Equity Income Fund (EQTIX) and MetLife Opportunistic High Yield Fund (MFHVX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EQTIX	MFHVX	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.05	-0.73
Sortino ratio: Return per unit of downside risk	1.87	2.94	-1.07
Omega ratio: Gain probability vs. loss probability	1.24	1.42	-0.18
Calmar ratio: Return relative to maximum drawdown	1.98	2.31	-0.33
Martin ratio: Return relative to average drawdown	8.39	5.84	+2.55

EQTIX vs. MFHVX - Sharpe Ratio Comparison

The current EQTIX Sharpe Ratio is 1.33, which is lower than the MFHVX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of EQTIX and MFHVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EQTIX vs. MFHVX - Drawdown Comparison

The maximum EQTIX drawdown since its inception was -53.77%, which is greater than MFHVX's maximum drawdown of -20.95%. Use the drawdown chart below to compare losses from any high point for EQTIX and MFHVX.

Drawdown Indicators

	EQTIX	MFHVX	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	-20.95%	-32.82%
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	-2.43%	-4.67%
Max Drawdown (3Y) Largest decline over 3 years	-17.03%	-5.14%	-11.89%
Max Drawdown (5Y) Largest decline over 5 years	-19.03%	-13.54%	-5.49%
Max Drawdown (10Y) Largest decline over 10 years	-29.85%	—	—
Current Drawdown Current decline from peak	-1.43%	0.00%	-1.43%
Average Drawdown Average peak-to-trough decline	-7.14%	-3.01%	-4.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	0.95%	+0.73%

Volatility

EQTIX vs. MFHVX - Volatility Comparison

Shelton Equity Income Fund (EQTIX) has a higher volatility of 3.16% compared to MetLife Opportunistic High Yield Fund (MFHVX) at 0.50%. This indicates that EQTIX's price experiences larger fluctuations and is considered to be riskier than MFHVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQTIX	MFHVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	0.50%	+2.66%
Volatility (6M) Calculated over the trailing 6-month period	8.62%	2.02%	+6.60%
Volatility (1Y) Calculated over the trailing 1-year period	10.60%	2.73%	+7.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.17%	3.46%	+9.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.27%	4.38%	+9.89%

EQTIX vs. MFHVX - Expense Ratio Comparison

EQTIX has a 0.72% expense ratio, which is lower than MFHVX's 1.43% expense ratio.

Dividends

EQTIX vs. MFHVX - Dividend Comparison

EQTIX's dividend yield for the trailing twelve months is around 8.69%, less than MFHVX's 9.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQTIX Shelton Equity Income Fund	8.69%	7.62%	9.51%	9.25%	9.83%	11.98%	24.62%	4.89%	23.96%	14.65%	16.02%	3.33%
MFHVX MetLife Opportunistic High Yield Fund	9.11%	9.41%	8.98%	9.66%	8.95%	8.44%	7.30%	8.61%	0.04%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EQTIX and MFHVX in my portfolio?

EQTIX and MFHVX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQTIX or MFHVX?

EQTIX has higher volatility (3.16%) compared to MFHVX (0.50%). In terms of maximum drawdown, EQTIX dropped -53.77% vs MFHVX's -20.95%.

Which has better risk-adjusted returns?

MFHVX currently has the higher Sharpe Ratio (2.05 vs 1.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.