The Arbitrage Fund Class Institutional (ARBNX) 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 ARBNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ARBNX
ARBNX charges 1.49% annually. There are 6 mutual funds in the Event Driven category with lower expense ratios, going as low as 0.79%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli ABC Fund | 0.79% | — | May 1993 | ARBNX vs GABCX | |
| Gabelli Enterprise Mergers and Acquisitions Fund | 1.01% | — | Feb 2001 | ARBNX vs EMAYX | |
| BlackRock Event Driven Equity Fund | 1.16% | — | Dec 2007 | ARBNX vs BILPX | |
| The Merger Fund Class I | 1.32% | — | Aug 2013 | ARBNX vs MERIX | |
| The Arbitrage Fund | 1.43% | — | Sep 2000 | ARBNX vs ARBFX |
Best Risk-Adjusted Alternatives to ARBNX
ARBNX has a PortfoliosLab risk / return rank of 97. There are 3 mutual funds in the Event Driven category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | ARBNX vs HMEZX | |
| The Merger Fund Class I | 98 | — | Aug 2013 | ARBNX vs MERIX | |
| Vivaldi Merger Arbitrage Fund Class I | 98 | — | Oct 2015 | ARBNX vs VARBX | |
| The Merger Fund | 97 | — | Jan 1989 | ARBNX vs MERFX | |
| The Arbitrage Fund | 97 | — | Sep 2000 | ARBNX vs ARBFX |
Top Performing ARBNX Alternatives (YTD)
ARBNX is at 1.21% YTD. There are 11 mutual funds in the Event Driven category with higher YTD returns, going as high as 7.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 7.89% | — | Feb 2001 | ARBNX vs EMAYX | |
| Gabelli ABC Fund | 4.60% | — | May 1993 | ARBNX vs GABCX | |
| Camelot Event-Driven Fund Institutional Class | 3.13% | — | Jun 2010 | ARBNX vs EVDIX | |
| Camelot Event Driven Fund Class A | 3.02% | — | Nov 2003 | ARBNX vs EVDAX | |
| NexPoint Merger Arbitrage Fund | 1.72% | — | Aug 2016 | ARBNX vs HMEZX |
Lowest Volatility Alternatives to ARBNX
ARBNX has 1.86% 1-year volatility. There are 6 mutual funds in the Event Driven category with lower 1-year volatility, going as low as 1.12%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.12% | — | Oct 2015 | ARBNX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 1.23% | — | Aug 2016 | ARBNX vs HMEZX | |
| The Merger Fund Class I | 1.40% | — | Aug 2013 | ARBNX vs MERIX | |
| The Merger Fund | 1.43% | — | Jan 1989 | ARBNX vs MERFX | |
| Virtus Westchester Credit Event Fund | 1.67% | — | Dec 2017 | ARBNX vs WCFRX |
Lowest Drawdown Alternatives to ARBNX
ARBNX has a 1-year max drawdown of -0.92%. There are 5 mutual funds in the Event Driven category with shallower 1-year drawdowns, going as shallow as -0.47%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| The Merger Fund Class I | -0.47% | — | Aug 2013 | ARBNX vs MERIX | |
| The Merger Fund | -0.52% | — | Jan 1989 | ARBNX vs MERFX | |
| NexPoint Merger Arbitrage Fund | -0.55% | — | Aug 2016 | ARBNX vs HMEZX | |
| Vivaldi Merger Arbitrage Fund Class I | -0.64% | — | Oct 2015 | ARBNX vs VARBX | |
| The Arbitrage Fund | -0.88% | — | Sep 2000 | ARBNX vs ARBFX |
Often Compared With ARBNX
Investors most often compare ARBNX with SPY, OSTIX, AGG. These 14 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare ARBNX with Any Fund or Stock
Compare ARBNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ARBNX with funds that move differently
The Arbitrage Fund Class Institutional alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ARBNX.
Explore ARBNX Diversifiers