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MHEIX vs. IASP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

MHEIX vs. IASP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MH Elite Income Fund of Funds (MHEIX) and iShares Asia Property Yield UCITS ETF (IASP.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

MHEIX is traded in USD, while IASP.L is traded in GBp. To make them comparable, the IASP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MHEIX achieves a 2.28% return, which is significantly higher than IASP.L's -7.06% return. Over the past 10 years, MHEIX has outperformed IASP.L with an annualized return of 3.18%, while IASP.L has yielded a comparatively lower 1.80% annualized return.


MHEIX

1D
0.18%
1M
0.18%
YTD
2.28%
6M
2.65%
1Y
8.59%
3Y*
6.22%
5Y*
2.17%
10Y*
3.18%

IASP.L

1D
0.18%
1M
-7.56%
YTD
-7.06%
6M
-4.83%
1Y
4.55%
3Y*
3.08%
5Y*
-2.84%
10Y*
1.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MHEIX vs. IASP.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MHEIX
MH Elite Income Fund of Funds
2.28%4.76%5.98%7.55%-9.83%2.44%5.27%11.10%-3.24%5.40%
IASP.L
iShares Asia Property Yield UCITS ETF
-7.06%30.72%-9.81%-2.66%-12.02%4.70%-9.01%16.81%-2.23%17.98%

Correlation

The correlation between MHEIX and IASP.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (10Y)
Calculated over the trailing 10-year period

0.36

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2013

0.36

Over the past year, the correlation between MHEIX and IASP.L has dropped to 0.16 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

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Return for Risk

MHEIX vs. IASP.L — Risk / Return Rank

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

MHEIX
MHEIX Risk / Return Rank: 3838
Overall Rank
MHEIX Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
MHEIX Sortino Ratio Rank: 3131
Sortino Ratio Rank
MHEIX Omega Ratio Rank: 7575
Omega Ratio Rank
MHEIX Calmar Ratio Rank: 3232
Calmar Ratio Rank
MHEIX Martin Ratio Rank: 2323
Martin Ratio Rank

IASP.L
IASP.L Risk / Return Rank: 1717
Overall Rank
IASP.L Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
IASP.L Sortino Ratio Rank: 1717
Sortino Ratio Rank
IASP.L Omega Ratio Rank: 1818
Omega Ratio Rank
IASP.L Calmar Ratio Rank: 1515
Calmar Ratio Rank
IASP.L Martin Ratio Rank: 1616
Martin Ratio Rank
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. IASP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MH Elite Income Fund of Funds (MHEIX) and iShares Asia Property Yield UCITS ETF (IASP.L). 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.


MHEIXIASP.LDifference
Sharpe ratioReturn per unit of total volatility

+1.04

Sortino ratioReturn per unit of downside risk

+1.43

Omega ratioGain probability vs. loss probability

1.44

1.07

+0.37

Calmar ratioReturn relative to maximum drawdown

1.90

0.30

+1.60

Martin ratioReturn relative to average drawdown

4.96

0.90

+4.06

MHEIX vs. IASP.L - Sharpe Ratio Comparison

The current MHEIX Sharpe Ratio is 1.39, which is higher than the IASP.L Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of MHEIX and IASP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


MHEIXIASP.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.39

0.35

+1.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

-0.21

+0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

0.11

+0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.01

+0.59

Drawdowns

MHEIX vs. IASP.L - Drawdown Comparison

The maximum MHEIX drawdown since its inception was -16.95%, smaller than the maximum IASP.L drawdown of -81.85%. Use the drawdown chart below to compare losses from any high point for MHEIX and IASP.L.


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Drawdown Indicators


MHEIXIASP.LDifference

Max Drawdown

Largest peak-to-trough decline

-16.95%

-81.85%

+64.90%

Max Drawdown (1Y)

Largest decline over 1 year

-4.54%

-15.00%

+10.46%

Max Drawdown (3Y)

Largest decline over 3 years

-6.57%

-16.82%

+10.25%

Max Drawdown (5Y)

Largest decline over 5 years

-13.62%

-30.03%

+16.41%

Max Drawdown (10Y)

Largest decline over 10 years

-16.95%

-40.70%

+23.75%

Current Drawdown

Current decline from peak

-1.63%

-33.48%

+31.85%

Average Drawdown

Average peak-to-trough decline

-2.47%

-42.71%

+40.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.74%

5.02%

-3.28%

Volatility

MHEIX vs. IASP.L - Volatility Comparison

The current volatility for MH Elite Income Fund of Funds (MHEIX) is 1.09%, while iShares Asia Property Yield UCITS ETF (IASP.L) has a volatility of 3.33%. This indicates that MHEIX experiences smaller price fluctuations and is considered to be less risky than IASP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MHEIXIASP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.09%

3.33%

-2.24%

Volatility (6M)

Calculated over the trailing 6-month period

5.87%

10.15%

-4.28%

Volatility (1Y)

Calculated over the trailing 1-year period

6.20%

12.83%

-6.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.56%

13.86%

-8.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.23%

15.73%

-10.50%

MHEIX vs. IASP.L - Expense Ratio Comparison

MHEIX has a 1.25% expense ratio, which is higher than IASP.L's 0.59% expense ratio.


Dividends

MHEIX vs. IASP.L - Dividend Comparison

MHEIX's dividend yield for the trailing twelve months is around 3.71%, less than IASP.L's 3.78% yield.


PositionTTM20252024202320222021202020192018201720162015
IASP.L
iShares Asia Property Yield UCITS ETF
3.78%3.45%4.16%3.84%3.63%3.00%3.42%3.07%3.30%3.13%2.82%3.43%
MHEIX
MH Elite Income Fund of Funds
3.71%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 IASP.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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