The Arbitrage Fund (ARBFX) Alternatives
The Arbitrage Fund (ARBFX) belongs to the Event Driven category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ARBFX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to ARBFX
ARBFX charges 1.43% annually. Among mutual funds in the Event Driven category, these options have the lowest expense ratios among ARBFX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Gabelli ABC Fund | 0.79% | May 13, 1993 | ARBFX vs GABCX | |
| Gabelli Enterprise Mergers and Acquisitions Fund | 1.01% | Feb 27, 2001 | ARBFX vs EMAYX | |
| BlackRock Event Driven Equity Fund | 1.16% | Dec 18, 2007 | ARBFX vs BILPX | |
| The Merger Fund Class I | 1.32% | Aug 1, 2013 | ARBFX vs MERIX | |
| Water Island Event-Driven Fund | 1.44% | Sep 30, 2010 | ARBFX vs AEDNX |
Best Risk-Adjusted Alternatives to ARBFX
Among mutual funds in the Event Driven category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| The Merger Fund Class I | 99 | Aug 1, 2013 | ARBFX vs MERIX | |
| The Merger Fund | 99 | Jan 30, 1989 | ARBFX vs MERFX | |
| Vivaldi Merger Arbitrage Fund Class I | 99 | Oct 1, 2015 | ARBFX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 99 | Aug 18, 2016 | ARBFX vs HMEZX | |
| Dunham Monthly Distribution Fund | 98 | Jul 31, 2008 | ARBFX vs DAMDX |
Top Performing ARBFX Alternatives (YTD)
ARBFX alternatives from the Event Driven category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 2.42% | Feb 27, 2001 | ARBFX vs EMAYX | |
| Camelot Event-Driven Fund Institutional Class | 1.36% | Jun 7, 2010 | ARBFX vs EVDIX | |
| Camelot Event Driven Fund Class A | 1.30% | Nov 21, 2003 | ARBFX vs EVDAX | |
| Gabelli ABC Fund | 1.20% | May 13, 1993 | ARBFX vs GABCX | |
| Dunham Monthly Distribution Fund | 1.02% | Jul 31, 2008 | ARBFX vs DAMDX |
Lowest Volatility Alternatives to ARBFX
ARBFX alternatives from the Event Driven category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.35% | Oct 1, 2015 | ARBFX vs VARBX | |
| The Merger Fund Class I | 1.51% | Aug 1, 2013 | ARBFX vs MERIX | |
| The Merger Fund | 1.53% | Jan 30, 1989 | ARBFX vs MERFX | |
| NexPoint Merger Arbitrage Fund | 1.61% | Aug 18, 2016 | ARBFX vs HMEZX | |
| Virtus Westchester Credit Event Fund | 2.21% | Dec 28, 2017 | ARBFX vs WCFRX |
Lowest Drawdown Alternatives to ARBFX
ARBFX alternatives from the Event Driven category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| The Merger Fund Class I | -0.47% | Aug 1, 2013 | ARBFX vs MERIX | |
| The Merger Fund | -0.52% | Jan 30, 1989 | ARBFX vs MERFX | |
| Vivaldi Merger Arbitrage Fund Class I | -0.64% | Oct 1, 2015 | ARBFX vs VARBX | |
| NexPoint Merger Arbitrage Fund | -1.06% | Aug 18, 2016 | ARBFX vs HMEZX | |
| Dunham Monthly Distribution Fund | -1.56% | Jul 31, 2008 | ARBFX vs DAMDX |
Other Mutual Funds from Arbitrage Fund
Most popular Arbitrage Fund mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Water Island Credit Opportunities Fund | Nontraditional Bonds | 24 | 0.63% | Sep 30, 2012 | ARBFX vs ACFIX |
Often Compared With ARBFX
What investors most often compare with ARBFX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard All-Equity ETF Portfolio | Global Equities, Actively Managed | 79 | 0.63% | Jan 29, 2019 | ARBFX vs VEQT.TO | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | ARBFX vs SPY | |
| The GDL Fund | Event Driven | 36 | -0.23% | Jan 31, 2007 | ARBFX vs GDL | |
| Driehaus Event Driven Fund | Event Driven | 73 | -1.35% | Aug 22, 2013 | ARBFX vs DEVDX | |
| The Arbitrage Fund Class Institutional | Event Driven | 97 | 0.57% | Oct 17, 2003 | ARBFX vs ARBNX |
Compare ARBFX with Any Fund or Stock
Compare ARBFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.