MHEIX vs. CENTX
MHEIX (MH Elite Income Fund of Funds) and CENTX (Centerstone Investors Fund) are both Global Allocation funds. Over the past 5 years, MHEIX returned 1.79%/yr vs 3.50%/yr for CENTX. Their 0.45 correlation means their historical movements had little consistent relationship. MHEIX charges 1.25%/yr vs 1.10%/yr for CENTX.
Performance
MHEIX vs. CENTX - Performance Comparison
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Returns By Period
In the year-to-date period, MHEIX achieves a 1.33% return, which is significantly lower than CENTX's 2.97% return.
MHEIX
- 1D
- -0.37%
- 1M
- -0.56%
- 6M
- 0.75%
- YTD
- 1.33%
- 1Y
- 5.35%
- 3Y*
- 5.32%
- 5Y*
- 1.79%
- 10Y*
- 2.88%
- ALL TIME*
- 2.77%
CENTX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 2.97%
- 1Y
- 12.14%
- 3Y*
- 7.44%
- 5Y*
- 3.50%
- 10Y*
- —
- ALL TIME*
- 5.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MHEIX vs. CENTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MHEIX MH Elite Income Fund of Funds | 1.33% | 4.76% | 5.98% | 7.55% | -9.83% | 2.44% | 5.27% | 11.10% | -3.24% | 5.40% |
CENTX Centerstone Investors Fund | 2.97% | 24.41% | -0.04% | 7.56% | -11.05% | 10.67% | 3.64% | 17.70% | -9.14% | 13.82% |
Correlation
The correlation between MHEIX and CENTX is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.45 |
Over the past year, the correlation between MHEIX and CENTX has dropped to 0.05 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
MHEIX vs. CENTX — Risk / Return Rank
MHEIX
CENTX
MHEIX vs. CENTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MH Elite Income Fund of Funds (MHEIX) and Centerstone Investors Fund (CENTX). 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.
| MHEIX | CENTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.52 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.76 | -1.58 |
| Martin ratioReturn relative to average drawdown | 2.83 | 14.29 | -11.46 |
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Drawdowns
MHEIX vs. CENTX - Drawdown Comparison
The maximum MHEIX drawdown since its inception was -16.95%, smaller than the maximum CENTX drawdown of -35.29%. Use the drawdown chart below to compare losses from any high point for MHEIX and CENTX.
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Drawdown Indicators
| MHEIX | CENTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.95% | -35.29% | +18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -4.54% | -4.56% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -6.57% | -12.44% | +5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -13.62% | -22.42% | +8.80% |
Max Drawdown (10Y)Largest decline over 10 years | -16.95% | — | — |
Current DrawdownCurrent decline from peak | -2.54% | 0.00% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -6.04% | +3.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 1.07% | +0.83% |
Volatility
MHEIX vs. CENTX - Volatility Comparison
MH Elite Income Fund of Funds (MHEIX) has a higher volatility of 0.75% compared to Centerstone Investors Fund (CENTX) at 0.00%. This indicates that MHEIX's price experiences larger fluctuations and is considered to be riskier than CENTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MHEIX | CENTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 0.00% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 2.26% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.25% | 6.58% | -0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.58% | 11.34% | -5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.23% | 12.89% | -7.66% |
MHEIX vs. CENTX - Expense Ratio Comparison
MHEIX has a 1.25% expense ratio, which is higher than CENTX's 1.10% expense ratio.
Dividends
MHEIX vs. CENTX - Dividend Comparison
MHEIX's dividend yield for the trailing twelve months is around 3.74%, less than CENTX's 4.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CENTX Centerstone Investors Fund | 4.41% | 4.54% | 2.39% | 1.57% | 1.72% | 1.26% | 0.69% | 2.95% | 3.46% | 1.15% | 0.00% | 0.00% |
MHEIX MH Elite Income Fund of Funds | 3.74% | 0.00% | 3.33% | 2.38% | 3.17% | 1.49% | 2.30% | 2.21% | 2.10% | 1.69% | 2.48% | 2.87% |
Frequently Asked Questions
MHEIX and CENTX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MHEIX has higher volatility (0.75%) compared to CENTX (0.00%). In terms of maximum drawdown, MHEIX dropped -16.95% vs CENTX's -35.29%.
CENTX currently has the higher Sharpe Ratio (2.00 vs 0.86), 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.
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