COAGX Alternatives & Similar Mutual Funds

Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) 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 COAGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to COAGX

COAGX charges 2.00% annually. There are 44 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
PHSWX	Parvin Hedged Equity Solari World Fund	0.01%	—	Jan 2021	COAGX vs PHSWX
MNWIX	MFS Managed Wealth Fund	0.67%	—	Jun 2014	COAGX vs MNWIX
WTLS	WisdomTree Efficient Long/Short US Equity Fund	0.88%	11.58M	Jan 2026	COAGX vs WTLS
SPEDX	Alger Dynamic Opportunities Fund	0.91%	—	Nov 2009	COAGX vs SPEDX
BTPIX	Salient Tactical Plus Fund	1.08%	—	Dec 2012	COAGX vs BTPIX

Best Risk-Adjusted Alternatives to COAGX

Among 50 mutual funds in the Long-Short category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
JAKVX	John Hancock Disciplined Value Global Long/Short F...	94	—	Apr 2014	COAGX vs JAKVX
JAKRX	John Hancock Disciplined Value Global Long/Short F...	93	—	Dec 2013	COAGX vs JAKRX
BPLEX	Boston Partners Long/Short Equity Fund	93	—	Nov 1998	COAGX vs BPLEX
BDMIX	BlackRock Global Long/Short Equity Fund Class I	92	—	Dec 2012	COAGX vs BDMIX
GARIX	Gotham Absolute Return Fund	88	—	Aug 2012	COAGX vs GARIX

Top Performing COAGX Alternatives (YTD)

Among 53 mutual funds in the Long-Short category with YTD return data, the top-performing alternatives shown here go as high as 18.26%.

Symbol	Name	YTD Return	AUM	Inception
SAOAX	Guggenheim Alpha Opportunity Fund	18.26%	—	Jul 2003	COAGX vs SAOAX
JAKVX	John Hancock Disciplined Value Global Long/Short F...	12.93%	—	Apr 2014	COAGX vs JAKVX
ADOIX	ACM Dynamic Opportunity Fund	12.81%	—	Jan 2015	COAGX vs ADOIX
JAKRX	John Hancock Disciplined Value Global Long/Short F...	12.80%	—	Dec 2013	COAGX vs JAKRX
BDMIX	BlackRock Global Long/Short Equity Fund Class I	12.62%	—	Dec 2012	COAGX vs BDMIX

Lowest Volatility Alternatives to COAGX

Among 54 mutual funds in the Long-Short category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 4.93%.

Symbol	Name	Volatility 1Y	AUM	Inception
NLSIX	Neuberger Berman Long Short Fund	4.93%	—	Dec 2011	COAGX vs NLSIX
ASILX	AB Select US Long/Short Portfolio	5.33%	—	Dec 2012	COAGX vs ASILX
MNWIX	MFS Managed Wealth Fund	5.56%	—	Jun 2014	COAGX vs MNWIX
KCEIX	Knights of Columbus Long/Short Equity Fund	5.91%	—	Dec 2019	COAGX vs KCEIX
WRAIX	Wilmington Global Alpha Equities Fund	5.92%	—	Jan 2012	COAGX vs WRAIX

Lowest Drawdown Alternatives to COAGX

Among 50 mutual funds in the Long-Short category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -2.82%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
KCEIX	Knights of Columbus Long/Short Equity Fund	-2.82%	—	Dec 2019	COAGX vs KCEIX
GTAPX	Quantitative U.S. Long/Short Equity Portfolio	-3.01%	—	Sep 2006	COAGX vs GTAPX
BDMIX	BlackRock Global Long/Short Equity Fund Class I	-3.54%	—	Dec 2012	COAGX vs BDMIX
ASILX	AB Select US Long/Short Portfolio	-3.61%	—	Dec 2012	COAGX vs ASILX
GARIX	Gotham Absolute Return Fund	-3.85%	—	Aug 2012	COAGX vs GARIX

Often Compared With COAGX

Investors most often compare COAGX with UGL, AVALX, QLENX. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
UGL	ProShares Ultra Gold	Leveraged Commodities	29	-0.56%	854.04M	Dec 2008	COAGX vs UGL
AVALX	Aegis Value Fund	Small Cap Value Equities	92	20.64%	—	May 1998	COAGX vs AVALX
QLENX	AQR Long-Short Equity N	Long-Short	48	0.10%	—	Jul 2013	COAGX vs QLENX
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	75	28.45%	19.93B	Oct 2015	COAGX vs SPMO
QMNNX	AQR Equity Market Neutral Fund N	Equity Market Neutral	5	-5.98%	—	Oct 2014	COAGX vs QMNNX
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	71	61.91%	39.77B	Feb 2010	COAGX vs TQQQ
CTA	Simplify Managed Futures Strategy ETF	Systematic Trend	23	10.72%	1.55B	Mar 2022	COAGX vs CTA
SPY	State Street SPDR S&P 500 ETF	S&P 500	74	11.33%	781.00B	Jan 1993	COAGX vs SPY
QLEIX	AQR Long-Short Equity Fund	Long-Short	51	0.24%	—	Jul 2013	COAGX vs QLEIX
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fun...	Gold	52	11.25%	576.93M	Mar 2022	COAGX vs GDE
SNOIX	Easterly Snow Capital Long/Short Opportunity Fund	Long-Short	75	9.22%	—	Apr 2006	COAGX vs SNOIX
VMNIX	Vanguard Market Neutral Fund Institutional Shares	Long-Short	67	12.09%	—	Oct 1998	COAGX vs VMNIX
VMNFX	Vanguard Market Neutral Fund Investor Shares	Long-Short	65	12.03%	508.80M	Nov 1998	COAGX vs VMNFX
PWLIX	PIMCO RAE Worldwide Long/Short PLUS Fund	Long-Short	3	-0.54%	—	Dec 2014	COAGX vs PWLIX
LSEIX	Persimmon Long/Short Fund	Long-Short	78	6.52%	—	Dec 2012	COAGX vs LSEIX
BLOX	Nicholas Crypto Income ETF	Cryptocurrency	—	15.59%	298.00M	Jun 2025	COAGX vs BLOX
QAMNX	Federated Hermes MDT Market Neutral A	Long-Short	7	0.05%	—	Sep 2008	COAGX vs QAMNX
ICMUX	Intrepid Income Fund	Multisector Bonds	97	2.32%	—	Jul 2007	COAGX vs ICMUX
EMO	ClearBridge Energy Midstream Opportunity Fund	MLPs, Energy Equities	23	16.39%	—	Jun 2011	COAGX vs EMO
LVHI	Franklin International Low Volatility High Dividen...	Volatility Hedged Equity, Dividend	91	12.09%	4.94B	Jul 2016	COAGX vs LVHI

Compare COAGX with Any Fund or Stock

Compare COAGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair COAGX with funds that move differently

Caldwell & Orkin - Gator Capital Long/Short Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to COAGX.

Explore COAGX Diversifiers

Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) Alternatives