LSWWX vs. MHESX

Last updated Jun 4, 2026

LSWWX (Loomis Sayles Global Allocation Fund) and MHESX (MH Elite Select Portfolio of Funds Fund) are both Global Allocation funds. Over the past 10 years, LSWWX returned 9.67%/yr vs 5.38%/yr for MHESX. A 0.80 correlation means they provide meaningful diversification when combined. LSWWX charges 0.89%/yr vs 0.21%/yr for MHESX.

Performance

LSWWX vs. MHESX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Loomis Sayles Global Allocation Fund (LSWWX) and MH Elite Select Portfolio of Funds Fund (MHESX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSWWX achieves a 6.81% return, which is significantly lower than MHESX's 9.33% return. Over the past 10 years, LSWWX has outperformed MHESX with an annualized return of 9.67%, while MHESX has yielded a comparatively lower 5.38% annualized return.

LSWWX

• 1D: 0.11%
• 1M: 2.27%
• YTD: 6.81%
• 6M: 7.41%
• 1Y: 17.87%
• 3Y*: 14.74%
• 5Y*: 6.66%
• 10Y*: 9.67%

MHESX

• 1D: 0.28%
• 1M: 3.17%
• YTD: 9.33%
• 6M: 11.54%
• 1Y: 23.49%
• 3Y*: 11.34%
• 5Y*: 1.58%
• 10Y*: 5.38%

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

LSWWX vs. MHESX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSWWX Loomis Sayles Global Allocation Fund	6.81%	12.83%	12.61%	22.39%	-23.13%	14.46%	15.35%	26.81%	-5.10%	22.12%
MHESX MH Elite Select Portfolio of Funds Fund	9.33%	17.63%	0.77%	12.54%	-26.14%	6.62%	20.24%	20.22%	-17.04%	21.72%

Correlation

The correlation between LSWWX and MHESX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Apr 4, 2006	0.80

Over the past year, the correlation between LSWWX and MHESX has dropped to 0.38 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

Return for Risk

LSWWX vs. MHESX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LSWWX

LSWWX Risk / Return Rank: 50
LSWWX Sharpe Ratio Rank: 46
LSWWX Sortino Ratio Rank: 50
LSWWX Omega Ratio Rank: 44
LSWWX Calmar Ratio Rank: 53
LSWWX Martin Ratio Rank: 58

MHESX

MHESX Risk / Return Rank: 55
MHESX Sharpe Ratio Rank: 57
MHESX Sortino Ratio Rank: 55
MHESX Omega Ratio Rank: 58
MHESX Calmar Ratio Rank: 54
MHESX Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LSWWX vs. MHESX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Global Allocation Fund (LSWWX) and MH Elite Select Portfolio of Funds Fund (MHESX). 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.

	LSWWX	MHESX	Difference
Sharpe ratio: Return per unit of total volatility	2.00	2.23	-0.23
Sortino ratio: Return per unit of downside risk	2.98	3.13	-0.15
Omega ratio: Gain probability vs. loss probability	1.36	1.42	-0.06
Calmar ratio: Return relative to maximum drawdown	2.79	2.81	-0.02
Martin ratio: Return relative to average drawdown	11.51	10.62	+0.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSWWX vs. MHESX - Sharpe Ratio Comparison

The current LSWWX Sharpe Ratio is 2.00, which is comparable to the MHESX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of LSWWX and MHESX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LSWWX	MHESX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	2.23	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.11	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.36	+0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.21	+0.51

Drawdowns

LSWWX vs. MHESX - Drawdown Comparison

The maximum LSWWX drawdown since its inception was -48.31%, roughly equal to the maximum MHESX drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for LSWWX and MHESX.

Drawdown Indicators

	LSWWX	MHESX	Difference
Max Drawdown Largest peak-to-trough decline	-48.31%	-46.01%	-2.30%
Max Drawdown (1Y) Largest decline over 1 year	-7.94%	-8.64%	+0.70%
Max Drawdown (3Y) Largest decline over 3 years	-16.82%	-19.47%	+2.65%
Max Drawdown (5Y) Largest decline over 5 years	-30.80%	-36.05%	+5.25%
Max Drawdown (10Y) Largest decline over 10 years	-30.80%	-36.05%	+5.25%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.33%	-11.68%	+4.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	2.26%	-0.16%

Volatility

LSWWX vs. MHESX - Volatility Comparison

Loomis Sayles Global Allocation Fund (LSWWX) and MH Elite Select Portfolio of Funds Fund (MHESX) have volatilities of 3.20% and 3.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSWWX	MHESX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	3.20%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	8.76%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	11.10%	10.89%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.13%	15.18%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.92%	14.84%	-0.92%

LSWWX vs. MHESX - Expense Ratio Comparison

LSWWX has a 0.89% expense ratio, which is higher than MHESX's 0.21% expense ratio.

Dividends

LSWWX vs. MHESX - Dividend Comparison

LSWWX's dividend yield for the trailing twelve months is around 7.31%, while MHESX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSWWX Loomis Sayles Global Allocation Fund	7.31%	7.81%	7.53%	4.01%	10.19%	7.66%	6.21%	2.93%	4.80%	2.37%	1.53%	5.76%
MHESX MH Elite Select Portfolio of Funds Fund	0.00%	0.00%	0.94%	0.20%	6.43%	4.56%	4.72%	1.74%	0.75%	2.41%	3.16%	2.85%

Frequently Asked Questions

Can I hold both LSWWX and MHESX in my portfolio?

LSWWX and MHESX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSWWX or MHESX?

MHESX has higher volatility (3.20%) compared to LSWWX (3.20%). In terms of maximum drawdown, LSWWX dropped -48.31% vs MHESX's -46.01%.

Which has better risk-adjusted returns?

MHESX currently has the higher Sharpe Ratio (2.23 vs 2.00), 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.