Calamos Phineus Long/Short Fund (CPLIX) Alternatives
Calamos Phineus Long/Short Fund (CPLIX) 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 CPLIX. 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 CPLIX
CPLIX charges 1.38% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among CPLIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | CPLIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | CPLIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | CPLIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | CPLIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | CPLIX vs BTPIX |
Best Risk-Adjusted Alternatives to CPLIX
Among mutual funds in the Long-Short 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 | |
|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 96 | Dec 20, 2012 | CPLIX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | CPLIX vs QLEIX | |
| AQR Long-Short Equity N | 94 | Jul 16, 2013 | CPLIX vs QLENX | |
| Boston Partners Long/Short Equity Fund | 94 | Nov 16, 1998 | CPLIX vs BPLEX | |
| Vanguard Market Neutral Fund Investor Shares | 91 | Nov 11, 1998 | CPLIX vs VMNFX |
Top Performing CPLIX Alternatives (YTD)
CPLIX alternatives from the Long-Short category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Guggenheim Alpha Opportunity Fund | 10.98% | Jul 6, 2003 | CPLIX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.37% | Dec 3, 2014 | CPLIX vs PWLIX | |
| Parvin Hedged Equity Solari World Fund | 6.81% | Jan 27, 2021 | CPLIX vs PHSWX | |
| Easterly Snow Capital Long/Short Opportunity Fund | 6.23% | Apr 27, 2006 | CPLIX vs SNOIX | |
| John Hancock Disciplined Value Global Long/Short F... | 5.90% | Apr 11, 2014 | CPLIX vs JAKVX |
Lowest Volatility Alternatives to CPLIX
CPLIX alternatives from the Long-Short category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| MFS Managed Wealth Fund | 5.84% | Jun 26, 2014 | CPLIX vs MNWIX | |
| Federated Hermes MDT Market Neutral A | 6.38% | Sep 30, 2008 | CPLIX vs QAMNX | |
| Neuberger Berman Long Short Fund | 6.46% | Dec 28, 2011 | CPLIX vs NLSIX | |
| Knights of Columbus Long/Short Equity Fund | 6.51% | Dec 1, 2019 | CPLIX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.63% | Dec 11, 2012 | CPLIX vs ASILX |
Lowest Drawdown Alternatives to CPLIX
CPLIX alternatives from the Long-Short category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -3.50% | Dec 1, 2019 | CPLIX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | CPLIX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | CPLIX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | CPLIX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | CPLIX vs QAMNX |
Other Mutual Funds from Calamos
Most popular Calamos mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Calamos Market Neutral Income Fund Institutional C... | 91 | 0.37% | May 10, 2000 | CPLIX vs CMNIX | ||
| Calamos Growth and Income Fund | Diversified Portfolio | 67 | -3.83% | Sep 21, 1988 | CPLIX vs CVTRX | |
| Calamos Strategic Total Return Fund | Diversified Portfolio | 30 | -8.21% | Mar 26, 2004 | CPLIX vs CSQ | |
| Calamos Timpani Small Cap Growth Fund | Small Cap Growth Equities | 83 | 0.55% | Mar 23, 2011 | CPLIX vs CTSIX | |
| Calamos Global Equity Fund | Global Equities | 62 | -1.72% | Feb 28, 2007 | CPLIX vs CIGEX | |
| Calamos High Income Opportunities Fund | High Yield Bonds | 84 | -0.47% | Aug 2, 1999 | CPLIX vs CHYDX | |
| Calamos Growth Fund | Large Cap Growth Equities | 31 | -10.05% | Sep 4, 1990 | CPLIX vs CVGRX | |
| Calamos Hedged Equity Fund | Options Trading | 73 | -2.14% | Dec 30, 2014 | CPLIX vs CIHEX | |
| Calamos Convertible and High Income Closed Fund | Convertible Bonds | 72 | 0.11% | May 28, 2003 | CPLIX vs CHY | |
| Calamos Convertible Fund | Preferred Stock/Convertible Bonds | 88 | 3.01% | Jun 21, 1985 | CPLIX vs CCVIX |
Often Compared With CPLIX
What investors most often compare with CPLIX, based on PortfoliosLab usage data.
Compare CPLIX with Any Fund or Stock
Compare CPLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.