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MHEIX vs. IGA
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MHEIX vs. IGA - Performance Comparison

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

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MHEIX vs. IGA - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
IGA
Voya Global Advantage and Premium Opportunity Fund
0.05%18.32%21.06%7.55%-8.33%28.35%-8.03%23.40%-12.35%26.19%

Returns By Period

In the year-to-date period, MHEIX achieves a -0.74% return, which is significantly lower than IGA's 0.05% return. Over the past 10 years, MHEIX has underperformed IGA with an annualized return of 3.06%, while IGA has yielded a comparatively higher 9.38% annualized return.


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%

IGA

1D
2.47%
1M
-4.35%
YTD
0.05%
6M
1.49%
1Y
8.95%
3Y*
16.23%
5Y*
10.63%
10Y*
9.38%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MHEIX vs. IGA - Expense Ratio Comparison

MHEIX has a 1.25% expense ratio, which is higher than IGA's 0.01% expense ratio.


Return for Risk

MHEIX vs. IGA — Risk / Return Rank

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

MHEIX
MHEIX Risk / Return Rank: 6060
Overall Rank
MHEIX Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
MHEIX Sortino Ratio Rank: 5757
Sortino Ratio Rank
MHEIX Omega Ratio Rank: 8181
Omega Ratio Rank
MHEIX Calmar Ratio Rank: 6262
Calmar Ratio Rank
MHEIX Martin Ratio Rank: 4343
Martin Ratio Rank

IGA
IGA Risk / Return Rank: 2626
Overall Rank
IGA Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
IGA Sortino Ratio Rank: 2121
Sortino Ratio Rank
IGA Omega Ratio Rank: 2626
Omega Ratio Rank
IGA Calmar Ratio Rank: 2626
Calmar Ratio Rank
IGA Martin Ratio Rank: 3636
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. IGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MH Elite Income Fund of Funds (MHEIX) and Voya Global Advantage and Premium Opportunity Fund (IGA). 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.


MHEIXIGADifference

Sharpe ratio

Return per unit of total volatility

1.06

0.54

+0.52

Sortino ratio

Return per unit of downside risk

1.54

0.92

+0.62

Omega ratio

Gain probability vs. loss probability

1.32

1.15

+0.17

Calmar ratio

Return relative to maximum drawdown

1.46

0.78

+0.68

Martin ratio

Return relative to average drawdown

4.43

3.88

+0.55

MHEIX vs. IGA - Sharpe Ratio Comparison

The current MHEIX Sharpe Ratio is 1.06, which is higher than the IGA Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of MHEIX and IGA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MHEIXIGADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.06

0.54

+0.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

0.77

-0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.58

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.33

+0.23

Correlation

The correlation between MHEIX and IGA is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

MHEIX vs. IGA - Dividend Comparison

MHEIX's dividend yield for the trailing twelve months is around 3.82%, less than IGA's 11.56% yield.


TTM20252024202320222021202020192018201720162015
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%
IGA
Voya Global Advantage and Premium Opportunity Fund
10.67%11.37%11.38%9.25%9.06%7.60%9.01%8.05%9.78%7.87%10.83%10.72%

Drawdowns

MHEIX vs. IGA - Drawdown Comparison

The maximum MHEIX drawdown since its inception was -16.95%, smaller than the maximum IGA drawdown of -57.16%. Use the drawdown chart below to compare losses from any high point for MHEIX and IGA.


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Drawdown Indicators


MHEIXIGADifference

Max Drawdown

Largest peak-to-trough decline

-16.95%

-57.16%

+40.21%

Max Drawdown (1Y)

Largest decline over 1 year

-4.54%

-11.22%

+6.68%

Max Drawdown (5Y)

Largest decline over 5 years

-13.62%

-16.98%

+3.36%

Max Drawdown (10Y)

Largest decline over 10 years

-16.95%

-41.68%

+24.73%

Current Drawdown

Current decline from peak

-4.54%

-4.35%

-0.19%

Average Drawdown

Average peak-to-trough decline

-2.48%

-8.11%

+5.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.50%

2.25%

-0.75%

Volatility

MHEIX vs. IGA - Volatility Comparison

The current volatility for MH Elite Income Fund of Funds (MHEIX) is 1.57%, while Voya Global Advantage and Premium Opportunity Fund (IGA) has a volatility of 4.93%. This indicates that MHEIX experiences smaller price fluctuations and is considered to be less risky than IGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MHEIXIGADifference

Volatility (1M)

Calculated over the trailing 1-month period

1.57%

4.93%

-3.36%

Volatility (6M)

Calculated over the trailing 6-month period

5.77%

7.35%

-1.58%

Volatility (1Y)

Calculated over the trailing 1-year period

6.46%

16.58%

-10.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.54%

13.91%

-8.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.21%

16.28%

-11.07%