Gabelli Enterprise Mergers and Acquisitions Fund (EMAYX) 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 EMAYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EMAYX
EMAYX charges 1.01% annually. There is 1 mutual fund in the Event Driven category with a lower expense ratio, going as low as 0.79%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli ABC Fund | 0.79% | — | May 1993 | EMAYX vs GABCX | |
| BlackRock Event Driven Equity Fund | 1.16% | — | Dec 2007 | EMAYX vs BILPX | |
| The Merger Fund Class I | 1.32% | — | Aug 2013 | EMAYX vs MERIX | |
| The Arbitrage Fund | 1.43% | — | Sep 2000 | EMAYX vs ARBFX | |
| Water Island Event-Driven Fund | 1.44% | — | Sep 2010 | EMAYX vs AEDNX |
Best Risk-Adjusted Alternatives to EMAYX
EMAYX has a PortfoliosLab risk / return rank of 87. There are 7 mutual funds in the Event Driven category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 99 | — | Oct 2015 | EMAYX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | EMAYX vs HMEZX | |
| The Merger Fund Class I | 97 | — | Aug 2013 | EMAYX vs MERIX | |
| The Arbitrage Fund Class Institutional | 96 | — | Oct 2003 | EMAYX vs ARBNX | |
| Water Island Event-Driven Fund | 96 | — | Sep 2010 | EMAYX vs AEDNX |
Top Performing EMAYX Alternatives (YTD)
EMAYX is at 8.11% YTD. No mutual funds in the Event Driven category have higher YTD returns; the top-performing alternatives shown here go as high as 4.53%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Water Island Event-Driven Fund | 4.53% | — | Sep 2010 | EMAYX vs AEDNX | |
| Gabelli ABC Fund | 3.68% | — | May 1993 | EMAYX vs GABCX | |
| Camelot Event-Driven Fund Institutional Class | 3.49% | — | Jun 2010 | EMAYX vs EVDIX | |
| Camelot Event Driven Fund Class A | 3.30% | — | Nov 2003 | EMAYX vs EVDAX | |
| BlackRock Event Driven Equity Fund | 3.08% | — | Dec 2007 | EMAYX vs BILPX |
Lowest Volatility Alternatives to EMAYX
EMAYX has 9.32% 1-year volatility. There are 15 mutual funds in the Event Driven category with lower 1-year volatility, going as low as 1.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.00% | — | Oct 2015 | EMAYX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 1.26% | — | Aug 2016 | EMAYX vs HMEZX | |
| The Merger Fund Class I | 1.48% | — | Aug 2013 | EMAYX vs MERIX | |
| The Merger Fund | 1.52% | — | Jan 1989 | EMAYX vs MERFX | |
| The Arbitrage Fund | 1.87% | — | Sep 2000 | EMAYX vs ARBFX |
Lowest Drawdown Alternatives to EMAYX
EMAYX has a 1-year max drawdown of -5.82%. There are 15 mutual funds in the Event Driven category with shallower 1-year drawdowns, going as shallow as -0.28%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | -0.28% | — | Oct 2015 | EMAYX vs VARBX | |
| The Merger Fund Class I | -0.47% | — | Aug 2013 | EMAYX vs MERIX | |
| The Merger Fund | -0.52% | — | Jan 1989 | EMAYX vs MERFX | |
| NexPoint Merger Arbitrage Fund | -0.55% | — | Aug 2016 | EMAYX vs HMEZX | |
| The Arbitrage Fund | -0.88% | — | Sep 2000 | EMAYX vs ARBFX |
Other Mutual Funds from Gabelli
The 10 most viewed Gabelli mutual funds shown here include GOLDX, GABEX, GABSX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Gabelli Gold Fund | Gold, Precious Metals | 38 | -10.82% | — | Jul 1994 | EMAYX vs GOLDX | |
| Gabelli Equity Income Fund | Dividend, Large Cap Blend Equities | 12 | 12.17% | — | Jan 1992 | EMAYX vs GABEX | |
| Gabelli Small Cap Growth Fund | Small Cap Blend Equities | 47 | 14.32% | — | Oct 1991 | EMAYX vs GABSX | |
| Gabelli Utilities Fund | Utilities Equities | 40 | 8.59% | — | Aug 1999 | EMAYX vs GABUX | |
| Gabelli Asset Fund | Large Cap Blend Equities | 57 | 10.18% | — | Mar 1986 | EMAYX vs GABAX | |
| Gabelli Growth Fund | Large Cap Growth Equities | 8 | 0.46% | — | Apr 1987 | EMAYX vs GABGX | |
| Gabelli Global Content & Connectivity Fund | Communications Equities | 59 | 10.17% | — | Oct 1993 | EMAYX vs GABTX | |
| Gabelli Value 25 Fund | Mid Cap Blend Equities | 80 | 10.34% | — | Sep 1989 | EMAYX vs GABVX | |
| Gabelli Focused Growth and Income Fund | Mid Cap Blend Equities | 26 | 4.23% | — | Dec 2002 | EMAYX vs GWSAX | |
| Gabelli Dividend Growth Fund | Large Cap Value Equities | 70 | 10.19% | — | Aug 1999 | EMAYX vs GABBX |
Often Compared With EMAYX
Investors most often compare EMAYX with WCFRX, GICPX, DAMDX. These 17 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare EMAYX with Any Fund or Stock
Compare EMAYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EMAYX with funds that move differently
Gabelli Enterprise Mergers and Acquisitions Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMAYX.
Explore EMAYX Diversifiers