EQTIX vs. MFHVX
Compare and contrast key facts about Shelton Equity Income Fund (EQTIX) and Mesirow High Yield Fund (MFHVX).
EQTIX is managed by Shelton Capital Management. It was launched on Sep 3, 1996. MFHVX is managed by Mesirow. It was launched on Dec 3, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQTIX or MFHVX.
Correlation
The correlation between EQTIX and MFHVX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EQTIX vs. MFHVX - Performance Comparison
Key characteristics
EQTIX:
1.83
MFHVX:
3.98
EQTIX:
2.51
MFHVX:
5.96
EQTIX:
1.34
MFHVX:
2.03
EQTIX:
3.01
MFHVX:
9.11
EQTIX:
10.57
MFHVX:
40.68
EQTIX:
1.67%
MFHVX:
0.24%
EQTIX:
9.66%
MFHVX:
2.42%
EQTIX:
-54.79%
MFHVX:
-20.95%
EQTIX:
-0.73%
MFHVX:
-0.70%
Returns By Period
In the year-to-date period, EQTIX achieves a 3.21% return, which is significantly higher than MFHVX's 0.59% return.
EQTIX
3.21%
3.21%
9.82%
18.94%
7.53%
2.08%
MFHVX
0.59%
0.59%
3.64%
9.63%
4.75%
N/A
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EQTIX vs. MFHVX - Expense Ratio Comparison
EQTIX has a 0.72% expense ratio, which is lower than MFHVX's 1.43% expense ratio.
Risk-Adjusted Performance
EQTIX vs. MFHVX — Risk-Adjusted Performance Rank
EQTIX
MFHVX
EQTIX vs. MFHVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Equity Income Fund (EQTIX) and Mesirow 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.
Dividends
EQTIX vs. MFHVX - Dividend Comparison
EQTIX's dividend yield for the trailing twelve months is around 9.22%, more than MFHVX's 8.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQTIX Shelton Equity Income Fund | 9.22% | 9.51% | 8.56% | 8.38% | 9.67% | 9.54% | 4.71% | 3.35% | 3.06% | 1.81% | 1.92% | 1.55% |
MFHVX Mesirow High Yield Fund | 8.15% | 9.00% | 9.67% | 8.96% | 6.49% | 7.00% | 6.79% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQTIX vs. MFHVX - Drawdown Comparison
The maximum EQTIX drawdown since its inception was -54.79%, 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. For additional features, visit the drawdowns tool.
Volatility
EQTIX vs. MFHVX - Volatility Comparison
Shelton Equity Income Fund (EQTIX) has a higher volatility of 2.93% compared to Mesirow High Yield Fund (MFHVX) at 1.02%. 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.