The Best Long-Short Mutual Funds
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Long-Short mutual funds.
- Number of Funds
- 59
- Avg. Expense Ratio
- 1.83%
- Avg. Yield
- 4.89%
- Avg. 1 Year Return
- 12.24%
- Median Risk/Return Score
- 40 / 100
The Best Long-Short Mutual Funds
58 results
Risk vs. Return Scatterplot
The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.
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5 Years
Best Long-Short Mutual funds by Risk/Return Score
The top Long-Short Mutual funds by PortfoliosLab Risk/Return Score are BDMIX (96) and BPLEX (94).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 96 | — | Dec 2012 | |
| Boston Partners Long/Short Equity Fund | 94 | — | Nov 1998 | |
| Persimmon Long/Short Fund | 88 | — | Dec 2012 | |
| Vanguard Market Neutral Fund Institutional Shares | 88 | — | Oct 1998 | |
| Vanguard Market Neutral Fund Investor Shares | 88 | 561.90M | Nov 1998 |
Best-Performing Long-Short Mutual funds Over 5 Years
The top Long-Short Mutual funds is BPLEX (26.13%).
Across the lineup, Long-Short Mutual funds show an average 1-year return of 12.24% and an average 5-year return of 8.31%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 26.13% | — | Nov 1998 | |
| Counterpoint Tactical Equity Fund | 24.40% | — | Nov 2015 | |
| AQR Long-Short Equity Fund | 23.47% | — | Jul 2013 | |
| AQR Long-Short Equity Fund Class N | 23.16% | — | Jul 2013 | |
| Gotham Absolute Return Fund | 14.44% | — | Aug 2012 |
Lowest-Cost Long-Short Mutual funds
The top Long-Short Mutual funds is PHSWX (0.01%).
With an average expense ratio of 1.83%, Long-Short Mutual funds remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 11.94M | Jan 2026 | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 |
Highest-Yield Long-Short Mutual funds
The top Long-Short Mutual funds is LSOFX (33.28%).
Across the lineup, Long-Short Mutual funds show an average dividend yield of 4.89%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| LS Opportunity Fund - Institutional Class | 33.28% | — | Sep 2010 | |
| Oakhurst Strategic Defined Risk Fund | 24.94% | — | May 2017 | |
| Multi-Manager Directional Alternative Strategies F... | 21.28% | — | Jan 2017 | |
| LoCorr Dynamic Equity Fund | 18.97% | — | May 2013 | |
| Quantitative U.S. Long/Short Equity Portfolio | 15.81% | — | Sep 2006 |
Top Mutual funds Categories
Target Retirement Date · 675 Mutual fundsDiversified Portfolio · 558 Mutual fundsMunicipal Bonds · 504 Mutual fundsForeign Large Cap Equities · 447 Mutual fundsLarge Cap Growth Equities · 429 Mutual fundsLarge Cap Blend Equities · 415 Mutual fundsLarge Cap Value Equities · 333 Mutual fundsGlobal Equities · 261 Mutual fundsHigh Yield Bonds · 208 Mutual fundsSmall Cap Blend Equities · 178 Mutual fundsSmall Cap Growth Equities · 174 Mutual fundsEmerging Markets Diversified · 173 Mutual fundsMid Cap Growth Equities · 168 Mutual fundsShort-Term Bond · 140 Mutual fundsIntermediate Core-Plus Bond · 135 Mutual fundsMid Cap Blend Equities · 131 Mutual fundsSmall Cap Value Equities · 130 Mutual fundsMid Cap Value Equities · 115 Mutual fundsREIT · 114 Mutual fundsIntermediate Core Bond · 110 Mutual fundsMultisector Bonds · 104 Mutual fundsForeign Small & Mid Cap Equities · 101 Mutual fundsGovernment Bonds · 99 Mutual fundsTotal Bond Market · 98 Mutual fundsEnergy Equities · 89 Mutual fundsGlobal Allocation · 87 Mutual fundsEmerging Markets Bonds · 83 Mutual fundsTactical Allocation · 82 Mutual fundsTechnology Equities · 80 Mutual fundsGlobal Bonds · 75 Mutual funds
Top Mutual funds Comparisons
Compare the top Mutual funds symbols based on PortfoliosLab usage data.
QLEIX vs. SPYQLEIX vs. VOOQLEIX vs. WFIVXQLEIX vs. QMNIXQLEIX vs. QQQQLENX vs. QMNNXQLENX vs. SPYQLENX vs. CLOBQLENX vs. CLOIQLENX vs. CPERBDMIX vs. SPYBDMIX vs. BDMAXBDMIX vs. CMNIXBDMIX vs. FFSIXBDMIX vs. VOOVMNFX vs. VMVFXVMNFX vs. VIPIXVMNFX vs. SPYVMNFX vs. VIMAXVMNFX vs. VOOCPIEX vs. QMNNXCPIEX vs. SPYCPIEX vs. MMTMCPIEX vs. VOOCPIEX vs. BRK-BBPLEX vs. BPIRXBPLEX vs. CPLIXBPLEX vs. CLSEBPLEX vs. BLNDXBPLEX vs. PRWCXNLSIX vs. CPLIXNLSIX vs. CLSENLSIX vs. MTMIXNLSIX vs. PCRIXNLSIX vs. SPYBIVRX vs. FSCEXBIVRX vs. PRWCXBIVRX vs. USNQXBIVRX vs. TMFBIVRX vs. BTC-USDQAMNX vs. GTAPXQAMNX vs. SNOIXQAMNX vs. QMNNXQAMNX vs. SPYQAMNX vs. NELIXVMNIX vs. IMMXVMNIX vs. QQQVMNIX vs. VIMAXVMNIX vs. QNZIXVMNIX vs. VIGAX