MHEFX vs. PALDX
Compare and contrast key facts about MH Elite Fund of Funds Fund (MHEFX) and PGIM 60/40 Allocation Fund (PALDX).
MHEFX is managed by MH Elite. It was launched on Jan 12, 2004. PALDX is managed by PGIM. It was launched on Sep 12, 2017.
Performance
MHEFX vs. PALDX - Performance Comparison
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MHEFX vs. PALDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MHEFX MH Elite Fund of Funds Fund | -13.72% | 4.23% | 18.30% | 19.54% | -20.68% | 19.81% | 19.79% | 25.20% | -10.95% | 6.63% |
PALDX PGIM 60/40 Allocation Fund | -3.62% | 13.62% | 18.96% | 18.90% | -15.65% | 16.30% | 10.68% | 22.27% | -4.12% | 5.95% |
Returns By Period
In the year-to-date period, MHEFX achieves a -13.72% return, which is significantly lower than PALDX's -3.62% return.
MHEFX
- 1D
- -1.66%
- 1M
- -7.57%
- YTD
- -13.72%
- 6M
- -11.80%
- 1Y
- 2.09%
- 3Y*
- 6.67%
- 5Y*
- 2.86%
- 10Y*
- 7.69%
PALDX
- 1D
- -0.22%
- 1M
- -5.44%
- YTD
- -3.62%
- 6M
- -1.03%
- 1Y
- 12.43%
- 3Y*
- 13.72%
- 5Y*
- 7.99%
- 10Y*
- —
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MHEFX vs. PALDX - Expense Ratio Comparison
MHEFX has a 1.25% expense ratio, which is higher than PALDX's 0.03% expense ratio.
Return for Risk
MHEFX vs. PALDX — Risk / Return Rank
MHEFX
PALDX
MHEFX vs. PALDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MH Elite Fund of Funds Fund (MHEFX) and PGIM 60/40 Allocation Fund (PALDX). 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.
| MHEFX | PALDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 1.12 | -1.07 |
Sortino ratioReturn per unit of downside risk | 0.20 | 1.65 | -1.45 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.25 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.07 | 1.42 | -1.35 |
Martin ratioReturn relative to average drawdown | 0.22 | 6.83 | -6.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MHEFX | PALDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | 1.12 | -1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.67 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.71 | -0.48 |
Correlation
The correlation between MHEFX and PALDX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MHEFX vs. PALDX - Dividend Comparison
MHEFX has not paid dividends to shareholders, while PALDX's dividend yield for the trailing twelve months is around 5.62%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHEFX MH Elite Fund of Funds Fund | 0.00% | 0.00% | 4.93% | 0.00% | 12.46% | 5.78% | 3.47% | 3.00% | 0.05% | 1.83% | 6.71% | 18.17% |
PALDX PGIM 60/40 Allocation Fund | 5.62% | 5.42% | 10.40% | 2.94% | 6.19% | 6.87% | 2.58% | 4.58% | 3.65% | 1.48% | 0.00% | 0.00% |
Drawdowns
MHEFX vs. PALDX - Drawdown Comparison
The maximum MHEFX drawdown since its inception was -54.87%, which is greater than PALDX's maximum drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for MHEFX and PALDX.
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Drawdown Indicators
| MHEFX | PALDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.87% | -26.16% | -28.71% |
Max Drawdown (1Y)Largest decline over 1 year | -15.39% | -8.20% | -7.19% |
Max Drawdown (5Y)Largest decline over 5 years | -38.85% | -20.47% | -18.38% |
Max Drawdown (10Y)Largest decline over 10 years | -38.85% | — | — |
Current DrawdownCurrent decline from peak | -15.39% | -5.96% | -9.43% |
Average DrawdownAverage peak-to-trough decline | -9.58% | -4.16% | -5.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.09% | 1.70% | +3.39% |
Volatility
MHEFX vs. PALDX - Volatility Comparison
MH Elite Fund of Funds Fund (MHEFX) has a higher volatility of 4.03% compared to PGIM 60/40 Allocation Fund (PALDX) at 3.05%. This indicates that MHEFX's price experiences larger fluctuations and is considered to be riskier than PALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MHEFX | PALDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 3.05% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 10.83% | 5.86% | +4.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.76% | 11.52% | +7.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.31% | 12.08% | +25.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.41% | 12.75% | +16.66% |