MHESX vs. CENTX
MHESX (MH Elite Select Portfolio of Funds Fund) and CENTX (Centerstone Investors Fund) are both Global Allocation funds. Over the past 5 years, MHESX returned 1.24%/yr vs 3.50%/yr for CENTX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. MHESX charges 0.21%/yr vs 1.10%/yr for CENTX.
Performance
MHESX vs. CENTX - Performance Comparison
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Returns By Period
In the year-to-date period, MHESX achieves a 8.26% return, which is significantly higher than CENTX's 2.97% return.
MHESX
- 1D
- -0.42%
- 1M
- 0.00%
- 6M
- 5.20%
- YTD
- 8.26%
- 1Y
- 20.41%
- 3Y*
- 8.99%
- 5Y*
- 1.24%
- 10Y*
- 5.06%
- ALL TIME*
- 3.16%
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 |
MHESX vs. CENTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MHESX MH Elite Select Portfolio of Funds Fund | 8.26% | 17.63% | 0.77% | 12.54% | -26.14% | 6.62% | 20.24% | 20.22% | -17.04% | 21.72% |
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 MHESX and CENTX is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.70 |
Over the past year, the correlation between MHESX and CENTX has dropped to 0.49 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.
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Return for Risk
MHESX vs. CENTX — Risk / Return Rank
MHESX
CENTX
MHESX vs. CENTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MH Elite Select Portfolio of Funds Fund (MHESX) 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.
| MHESX | CENTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.52 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 2.76 | -0.54 |
| Martin ratioReturn relative to average drawdown | 8.34 | 14.29 | -5.95 |
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Drawdowns
MHESX vs. CENTX - Drawdown Comparison
The maximum MHESX drawdown since its inception was -46.01%, which is greater than CENTX's maximum drawdown of -35.29%. Use the drawdown chart below to compare losses from any high point for MHESX and CENTX.
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Drawdown Indicators
| MHESX | CENTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.01% | -35.29% | -10.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -4.56% | -4.08% |
Max Drawdown (3Y)Largest decline over 3 years | -19.47% | -12.44% | -7.03% |
Max Drawdown (5Y)Largest decline over 5 years | -36.05% | -22.42% | -13.63% |
Max Drawdown (10Y)Largest decline over 10 years | -36.05% | — | — |
Current DrawdownCurrent decline from peak | -1.67% | 0.00% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -11.60% | -6.04% | -5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 1.07% | +1.24% |
Volatility
MHESX vs. CENTX - Volatility Comparison
MH Elite Select Portfolio of Funds Fund (MHESX) has a higher volatility of 2.63% compared to Centerstone Investors Fund (CENTX) at 0.00%. This indicates that MHESX'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
| MHESX | CENTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 0.00% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 9.25% | 2.26% | +6.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.37% | 6.58% | +4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.23% | 11.34% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.75% | 12.89% | +1.86% |
MHESX vs. CENTX - Expense Ratio Comparison
MHESX has a 0.21% expense ratio, which is lower than CENTX's 1.10% expense ratio.
Dividends
MHESX vs. CENTX - Dividend Comparison
MHESX has not paid dividends to shareholders, while CENTX's dividend yield for the trailing twelve months is around 4.41%.
| 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% |
MHESX MH Elite Select Portfolio of Funds Fund | 0.00% | 0.00% | 0.94% | 0.20% | 6.43% | 4.56% | 4.72% | 1.74% | 0.75% | 2.41% | 3.16% | 2.85% |
Frequently Asked Questions
MHESX and CENTX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MHESX has higher volatility (2.63%) compared to CENTX (0.00%). In terms of maximum drawdown, MHESX dropped -46.01% vs CENTX's -35.29%.
CENTX currently has the higher Sharpe Ratio (2.00 vs 1.69), 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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