Absolute Convertible Arbitrage Fund Institutional Shares (ARBIX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ARBIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ARBIX
ARBIX charges 1.47% annually. There are 31 mutual funds in the Multistrategy category with lower expense ratios, going as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | — | Dec 2015 | ARBIX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | ARBIX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | ARBIX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | ARBIX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | ARBIX vs JAAAX |
Best Risk-Adjusted Alternatives to ARBIX
ARBIX has a PortfoliosLab risk / return rank of 100. There is 1 mutual fund in the Multistrategy category with a higher risk-adjusted rank, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | ARBIX vs SRRIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | ARBIX vs FSLTX | |
| Blackstone Alternative Multi-Strategy Fund | 99 | — | Jun 2014 | ARBIX vs BXMIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | ARBIX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | ARBIX vs ADANX |
Top Performing ARBIX Alternatives (YTD)
ARBIX is at 5.14% YTD. There are 38 mutual funds in the Multistrategy category with higher YTD returns, going as high as 22.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 22.10% | — | Sep 2017 | ARBIX vs QRPRX | |
| AQR Alternative Risk Premia Fund - Class I | 21.98% | — | Sep 2017 | ARBIX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 21.85% | — | Sep 2017 | ARBIX vs QRPNX | |
| AQR Style Premia Alternative Fund - Class I | 17.69% | — | Oct 2013 | ARBIX vs QSPIX | |
| AQR Style Premia Alternative R6 | 17.68% | — | Sep 2014 | ARBIX vs QSPRX |
Lowest Volatility Alternatives to ARBIX
ARBIX has 1.25% 1-year volatility. No mutual funds in the Multistrategy category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 1.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class N | 1.47% | — | Jan 2009 | ARBIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.48% | — | Jan 2009 | ARBIX vs ADAIX | |
| Strategic Advisers Alternatives Fund | 2.25% | — | Jul 2022 | ARBIX vs FSLTX | |
| Morningstar Alternatives Fund | 2.29% | — | Nov 2018 | ARBIX vs MSTVX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.35% | — | Feb 2013 | ARBIX vs SHRIX |
Lowest Drawdown Alternatives to ARBIX
ARBIX has a 1-year max drawdown of -0.51%. No mutual funds in the Multistrategy category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | ARBIX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class N | -0.60% | — | Jan 2009 | ARBIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.60% | — | Jan 2009 | ARBIX vs ADAIX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | ARBIX vs FSLTX | |
| FS Credit Income Fund Class I | -0.90% | — | Nov 2017 | ARBIX vs FCRIX |
Often Compared With ARBIX
Investors most often compare ARBIX with SRDAX, FABZX, RYMQX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare ARBIX with Any Fund or Stock
Compare ARBIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ARBIX with funds that move differently
Absolute Convertible Arbitrage Fund Institutional Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ARBIX.
Explore ARBIX Diversifiers