MHEIX vs. APPLX

Last updated Apr 1, 2026

Compare and contrast key facts about MH Elite Income Fund of Funds (MHEIX) and Appleseed Fund (APPLX).

MHEIX is managed by MH Elite. It was launched on Aug 14, 2011. APPLX is managed by Appleseed Fund. It was launched on Dec 7, 2006.

Performance

MHEIX vs. APPLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MH Elite Income Fund of Funds (MHEIX) and Appleseed Fund (APPLX). The values are adjusted to include any dividend payments, if applicable.

MHEIX vs. APPLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MHEIX MH Elite Income Fund of Funds	-0.74%	4.76%	5.98%	7.55%	-9.83%	2.44%	5.27%	11.10%	-3.24%	5.40%
APPLX Appleseed Fund	1.14%	25.79%	6.38%	9.39%	-19.53%	20.71%	7.49%	15.68%	-3.40%	17.42%

Returns By Period

MHEIX

• 1D: -0.19%
• 1M: -2.77%
• YTD: -0.74%
• 6M: 0.72%
• 1Y: 6.83%
• 3Y*: 5.17%
• 5Y*: 1.93%
• 10Y*: 3.06%

APPLX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MHEIX vs. APPLX - Expense Ratio Comparison

MHEIX has a 1.25% expense ratio, which is higher than APPLX's 1.14% expense ratio.

MHEIX

MH Elite Income Fund of Funds

APPLX

Appleseed Fund

Return for Risk

MHEIX vs. APPLX — Risk / Return Rank

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

MHEIX

MHEIX Risk / Return Rank: 60
MHEIX Sharpe Ratio Rank: 57
MHEIX Sortino Ratio Rank: 57
MHEIX Omega Ratio Rank: 81
MHEIX Calmar Ratio Rank: 62
MHEIX Martin Ratio Rank: 43

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.

MHEIX vs. APPLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MH Elite Income Fund of Funds (MHEIX) and Appleseed Fund (APPLX). 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.

	MHEIX	APPLX	Difference
Sharpe ratio Return per unit of total volatility	1.06	—	—
Sortino ratio Return per unit of downside risk	1.54	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	1.46	—	—
Martin ratio Return relative to average drawdown	4.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MHEIX	APPLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	—	—

Correlation

The correlation between MHEIX and APPLX is 0.41, 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.

Dividends

MHEIX vs. APPLX - Dividend Comparison

MHEIX's dividend yield for the trailing twelve months is around 3.82%, less than APPLX's 46.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MHEIX MH Elite Income Fund of Funds	3.82%	0.00%	3.33%	2.38%	3.17%	1.49%	2.30%	2.21%	2.10%	1.69%	2.48%	2.87%
APPLX Appleseed Fund	46.50%	22.94%	6.05%	1.95%	0.66%	6.09%	1.46%	2.68%	9.87%	1.09%	1.49%	2.54%

Drawdowns

Drawdown Indicators

	MHEIX	APPLX	Difference
Max Drawdown Largest peak-to-trough decline	-16.95%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-4.54%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.62%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.95%	—	—
Current Drawdown Current decline from peak	-4.54%	—	—
Average Drawdown Average peak-to-trough decline	-2.48%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	—	—

Volatility

Volatility by Period

	MHEIX	APPLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.54%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.21%	—	—