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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
1.89%
Avg. Yield
4.41%
Avg. 1 Year Return
13.49%
Median Risk/Return Score
36 / 100
The Best Long-Short Mutual Funds

58 results

SymbolFull NameCategoryInceptionExpense RatioYTD Return10Y Return (Annualized)Dividend Yield

Risk / Return Rank

Max. DrawdownSharpe RatioSortino RatioOmega RatioMartin RatioCalmar RatioUlcer Index
AQR Long-Short Equity FundLong-ShortJul 15, 20131.30%
0.09%
12.01%
1.75%
55
AQR Long-Short Equity NLong-ShortJul 16, 20135.18%
0.00%
11.73%
1.64%
52
AQR LSE Fusion Fund Class ILong-ShortJun 25, 20256.30%
-0.08%
0.21%
AQR LSE Fusion Fund Class NLong-ShortJun 25, 20256.55%
-0.17%
0.14%
AQR LSE Fusion Fund Class R6Long-ShortJun 25, 20256.20%
-0.08%
0.23%
RiverPark Long/Short Opportunity FundLong-ShortMar 29, 20121.75%
-1.88%
6.42%
0.00%
7
Guggenheim Alpha Opportunity FundLong-ShortJul 6, 20031.76%
18.43%
3.90%
0.60%
66
Easterly Snow Capital Long/Short Opportunity FundLong-ShortApr 27, 20061.41%
9.88%
10.17%
6.29%
82
Alger Dynamic Opportunities FundLong-ShortNov 1, 20090.91%
7.98%
9.14%
0.08%
14
Toews Tactical Defensive Alpha FundLong-ShortJan 6, 20161.25%2.20%
Vanguard Market Neutral Fund Investor SharesLong-ShortNov 11, 19981.31%
11.89%
5.01%
3.14%
70
Vanguard Market Neutral Fund Institutional SharesLong-ShortOct 19, 19981.25%
11.87%
5.07%
3.19%
70
ABR 75/25 Volatility FundLong-ShortAug 2, 20201.75%
7.30%
2.03%
42
Wasatch Long/Short Alpha FundLong-ShortSep 30, 20211.75%
6.03%
0.00%
2
Waycross Long/Short Equity FundLong-ShortApr 28, 20152.27%
0.33%
9.89%
5.27%
24
Weitz Partners III Opportunity FundLong-ShortDec 29, 20051.43%
-2.70%
6.05%
5.78%
3
Wilmington Global Alpha Equities FundLong-ShortJan 11, 20121.24%
3.55%
5.40%
0.17%
26
WisdomTree Efficient Long/Short US Equity FundLong-ShortJan 20, 20260.88%0.00%

Rows per page

41–58 of 58

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.

0%Annualized Volatility0%Annualized Return

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Best Long-Short Mutual funds by Risk/Return Score

The top Long-Short Mutual funds by PortfoliosLab Risk/Return Score are JAKVX (95) and JAKRX (95). The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.

Best-Performing Long-Short Mutual funds Over 5 Years

The top Long-Short Mutual funds is BPLEX (23.92%). Across the lineup, Long-Short Mutual funds show an average 1-year return of 13.49% and an average 5-year return of 8.08%, providing a clearer view of performance across different investment horizons.

SymbolNameReturn 5YAUMInception
Boston Partners Long/Short Equity Fund
23.92%
Nov 1998
Counterpoint Tactical Equity Fund
23.46%
Nov 2015
AQR Long-Short Equity Fund
21.76%
Jul 2013
AQR Long-Short Equity N
21.46%
Jul 2013
Gotham Absolute Return Fund
14.04%
Aug 2012

Lowest-Cost Long-Short Mutual funds

The top Long-Short Mutual funds is PHSWX (0.01%). With an average expense ratio of 1.89%, Long-Short Mutual funds remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.

Highest-Yield Long-Short Mutual funds

The top Long-Short Mutual funds is OASDX (24.94%). Across the lineup, Long-Short Mutual funds show an average dividend yield of 4.41%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.

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