MSVVX vs. MFHIX

Last updated Aug 1, 2026

MSVVX (MetLife Small Company Equity Fund) and MFHIX (MetLife Opportunistic High Yield Fund Institutional Class) are both mutual funds - MSVVX is a Small Cap Blend Equities fund managed by MetLife, while MFHIX is a High Yield Bonds fund actively managed by MetLife. Over the past 5 years, MSVVX returned 8.68%/yr vs 5.82%/yr for MFHIX. Their 0.43 correlation means their historical movements had little consistent relationship. MSVVX charges 3.06%/yr vs 0.75%/yr for MFHIX.

Performance

MSVVX vs. MFHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MetLife Small Company Equity Fund (MSVVX) and MetLife Opportunistic High Yield Fund Institutional Class (MFHIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSVVX achieves a 9.96% return, which is significantly higher than MFHIX's 4.19% return.

MSVVX

• 1D: 1.10%
• 1M: -0.72%
• 6M: 6.15%
• YTD: 9.96%
• 1Y: 21.05%
• 3Y*: 10.57%
• 5Y*: 8.68%
• 10Y*: —
• ALL TIME*: 11.88%

MFHIX

• 1D: 0.25%
• 1M: 0.75%
• 6M: 2.89%
• YTD: 4.19%
• 1Y: 6.06%
• 3Y*: 8.26%
• 5Y*: 5.82%
• 10Y*: —
• ALL TIME*: 7.08%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MFHIX MetLife Opportunistic High Yield Fund Institutional Class	$0.00	$0.00	$0.00
MSVVX MetLife Small Company Equity Fund	$0.00	$0.00	$0.00

MSVVX vs. MFHIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MSVVX MetLife Small Company Equity Fund	9.96%	8.85%	13.89%	12.04%	-5.18%	26.12%	7.06%	22.95%	-2.26%
MFHIX MetLife Opportunistic High Yield Fund Institutional Class	4.19%	4.82%	10.10%	14.35%	-5.59%	10.67%	7.24%	13.00%	-1.78%

Correlation

The correlation between MSVVX and MFHIX is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.47
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (5Y) Shows whether the relationship held over a longer period.	0.47
Correlation (All Time) Calculated using the full available price history since Dec 19, 2018	0.43

Return for Risk

MSVVX vs. MFHIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MSVVX

MSVVX Risk / Return Rank: 31
MSVVX Sharpe Ratio Rank: 31
MSVVX Sortino Ratio Rank: 34
MSVVX Omega Ratio Rank: 29
MSVVX Calmar Ratio Rank: 29
MSVVX Martin Ratio Rank: 30

MFHIX

MFHIX Risk / Return Rank: 74
MFHIX Sharpe Ratio Rank: 86
MFHIX Sortino Ratio Rank: 86
MFHIX Omega Ratio Rank: 86
MFHIX Calmar Ratio Rank: 70
MFHIX Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MSVVX vs. MFHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MetLife Small Company Equity Fund (MSVVX) and MetLife Opportunistic High Yield Fund Institutional Class (MFHIX). 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.

	MSVVX	MFHIX	Difference
Sharpe ratio: Return per unit of total volatility	1.06	2.15	-1.09
Sortino ratio: Return per unit of downside risk	1.65	3.13	-1.48
Omega ratio: Gain probability vs. loss probability	1.19	1.43	-0.24
Calmar ratio: Return relative to maximum drawdown	1.37	2.39	-1.02
Martin ratio: Return relative to average drawdown	4.47	6.46	-1.98

MSVVX vs. MFHIX - Sharpe Ratio Comparison

The current MSVVX Sharpe Ratio is 1.06, which is lower than the MFHIX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of MSVVX and MFHIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSVVX vs. MFHIX - Drawdown Comparison

The maximum MSVVX drawdown since its inception was -43.18%, which is greater than MFHIX's maximum drawdown of -21.02%. Use the drawdown chart below to compare losses from any high point for MSVVX and MFHIX.

Drawdown Indicators

	MSVVX	MFHIX	Difference
Max Drawdown Largest peak-to-trough decline	-43.18%	-21.02%	-22.16%
Max Drawdown (1Y) Largest decline over 1 year	-13.36%	-2.45%	-10.91%
Max Drawdown (3Y) Largest decline over 3 years	-24.20%	-5.09%	-19.11%
Max Drawdown (5Y) Largest decline over 5 years	-24.20%	-12.02%	-12.18%
Current Drawdown Current decline from peak	-1.43%	0.00%	-1.43%
Average Drawdown Average peak-to-trough decline	-6.32%	-2.03%	-4.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.10%	0.90%	+3.20%

Volatility

MSVVX vs. MFHIX - Volatility Comparison

MetLife Small Company Equity Fund (MSVVX) has a higher volatility of 3.79% compared to MetLife Opportunistic High Yield Fund Institutional Class (MFHIX) at 0.51%. This indicates that MSVVX's price experiences larger fluctuations and is considered to be riskier than MFHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSVVX	MFHIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	0.51%	+3.28%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	2.02%	+10.42%
Volatility (1Y) Calculated over the trailing 1-year period	17.30%	2.73%	+14.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	4.58%	+15.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.92%	5.02%	+18.90%

MSVVX vs. MFHIX - Expense Ratio Comparison

MSVVX has a 3.06% expense ratio, which is higher than MFHIX's 0.75% expense ratio.

Dividends

MSVVX vs. MFHIX - Dividend Comparison

MSVVX's dividend yield for the trailing twelve months is around 155.33%, more than MFHIX's 9.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MFHIX MetLife Opportunistic High Yield Fund Institutional Class	9.35%	9.64%	9.20%	9.89%	16.17%	8.68%	7.52%	8.78%	0.04%
MSVVX MetLife Small Company Equity Fund	155.33%	170.80%	7.98%	4.49%	2.89%	23.76%	0.44%	7.93%	0.45%

Frequently Asked Questions

Can I hold both MSVVX and MFHIX in my portfolio?

MSVVX and MFHIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSVVX or MFHIX?

MSVVX has higher volatility (3.79%) compared to MFHIX (0.51%). In terms of maximum drawdown, MSVVX dropped -43.18% vs MFHIX's -21.02%.

Which has better risk-adjusted returns?

MFHIX currently has the higher Sharpe Ratio (2.15 vs 1.06), 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.