Invenomic Fund (BIVRX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BIVRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BIVRX
BIVRX charges 2.48% annually. There are 50 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | BIVRX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | BIVRX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 12.26M | Jan 2026 | BIVRX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | BIVRX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | BIVRX vs BTPIX |
Best Risk-Adjusted Alternatives to BIVRX
BIVRX has a PortfoliosLab risk / return rank of 5. There are 42 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 97 | — | Nov 1998 | BIVRX vs BPLEX | |
| Vanguard Market Neutral Fund Investor Shares | 96 | 561.90M | Nov 1998 | BIVRX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 96 | — | Oct 1998 | BIVRX vs VMNIX | |
| John Hancock Disciplined Value Global Long/Short F... | 89 | — | Apr 2014 | BIVRX vs JAKVX | |
| Quantitative U.S. Long/Short Equity Portfolio | 89 | — | Sep 2006 | BIVRX vs GTAPX |
Top Performing BIVRX Alternatives (YTD)
BIVRX is at -2.13% YTD. There are 43 mutual funds in the Long-Short category with higher YTD returns, going as high as 18.98%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 18.98% | — | Nov 1998 | BIVRX vs BPLEX | |
| Guggenheim Alpha Opportunity Fund | 15.73% | — | Jul 2003 | BIVRX vs SAOAX | |
| Vanguard Market Neutral Fund Institutional Shares | 15.32% | — | Oct 1998 | BIVRX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 15.32% | 561.90M | Nov 1998 | BIVRX vs VMNFX | |
| Longboard Alternative Growth Fund | 13.28% | — | Mar 2015 | BIVRX vs LONGX |
Lowest Volatility Alternatives to BIVRX
BIVRX has 30.40% 1-year volatility. There are 52 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.34% | — | Dec 2011 | BIVRX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.54% | — | Dec 2012 | BIVRX vs ASILX | |
| MFS Managed Wealth Fund | 5.92% | — | Jun 2014 | BIVRX vs MNWIX | |
| Wilmington Global Alpha Equities Fund | 6.24% | — | Jan 2012 | BIVRX vs WRAIX | |
| Knights of Columbus Long/Short Equity Fund | 6.33% | — | Dec 2019 | BIVRX vs KCEIX |
Lowest Drawdown Alternatives to BIVRX
BIVRX has a 1-year max drawdown of -26.97%. There are 48 mutual funds in the Long-Short category with shallower 1-year drawdowns, going as shallow as -2.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -2.82% | — | Dec 2019 | BIVRX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | BIVRX vs GTAPX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | BIVRX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | BIVRX vs GARIX | |
| Persimmon Long/Short Fund | -3.90% | — | Dec 2012 | BIVRX vs LSEIX |
Other Mutual Funds from Invenomic
The 1 most viewed Invenomic mutual funds shown here include BIVIX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invenomic Fund Institutional Class | Long-Short | 5 | -1.98% | — | Jun 2017 | BIVRX vs BIVIX |
Often Compared With BIVRX
Investors most often compare BIVRX with QLEIX, FSCEX, PRWCX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare BIVRX with Any Fund or Stock
Compare BIVRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BIVRX with funds that move differently
Invenomic Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BIVRX.
Explore BIVRX Diversifiers