Meeder Spectrum Fund (FLSPX) Alternatives
Meeder Spectrum Fund (FLSPX) 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 FLSPX. 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 FLSPX
FLSPX charges 1.52% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among FLSPX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | FLSPX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | FLSPX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | FLSPX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | FLSPX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | FLSPX vs BTPIX |
Best Risk-Adjusted Alternatives to FLSPX
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 | FLSPX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | FLSPX vs QLEIX | |
| AQR Long-Short Equity N | 94 | Jul 16, 2013 | FLSPX vs QLENX | |
| Boston Partners Long/Short Equity Fund | 94 | Nov 16, 1998 | FLSPX vs BPLEX | |
| Vanguard Market Neutral Fund Investor Shares | 91 | Nov 11, 1998 | FLSPX vs VMNFX |
Top Performing FLSPX Alternatives (YTD)
FLSPX 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 | FLSPX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.37% | Dec 3, 2014 | FLSPX vs PWLIX | |
| Parvin Hedged Equity Solari World Fund | 6.81% | Jan 27, 2021 | FLSPX vs PHSWX | |
| Easterly Snow Capital Long/Short Opportunity Fund | 6.23% | Apr 27, 2006 | FLSPX vs SNOIX | |
| John Hancock Disciplined Value Global Long/Short F... | 5.90% | Apr 11, 2014 | FLSPX vs JAKVX |
Lowest Volatility Alternatives to FLSPX
FLSPX 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 | FLSPX vs MNWIX | |
| Federated Hermes MDT Market Neutral A | 6.38% | Sep 30, 2008 | FLSPX vs QAMNX | |
| Neuberger Berman Long Short Fund | 6.46% | Dec 28, 2011 | FLSPX vs NLSIX | |
| Knights of Columbus Long/Short Equity Fund | 6.51% | Dec 1, 2019 | FLSPX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.63% | Dec 11, 2012 | FLSPX vs ASILX |
Lowest Drawdown Alternatives to FLSPX
FLSPX 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 | FLSPX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | FLSPX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | FLSPX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | FLSPX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | FLSPX vs QAMNX |
Other Mutual Funds from Meeder Funds
Most popular Meeder Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Meeder Dynamic Allocation Fund | Diversified Portfolio | 64 | -1.36% | Feb 28, 2000 | FLSPX vs FLDGX | |
| Meeder Quantex Fund | Mid Cap Value Equities | 58 | -3.60% | Mar 20, 1985 | FLSPX vs FLCGX | |
| Meeder Muirfield Fund | Tactical Allocation | 63 | -1.70% | Aug 9, 1988 | FLSPX vs FLMFX | |
| Meeder Global Allocation Fund | Global Allocation | 60 | -0.86% | Jan 30, 2006 | FLSPX vs FLFGX | |
| Meeder Balanced Fund | Tactical Allocation | 62 | -1.03% | Jan 30, 2006 | FLSPX vs FLDFX | |
| Meeder Moderate Allocation Fund | Diversified Portfolio | 60 | -0.84% | Jun 29, 2015 | FLSPX vs FLDOX | |
| Meeder Tactical Income Fund | Nontraditional Bonds | 87 | 0.16% | Jun 29, 2011 | FLSPX vs FLBDX | |
| Meeder Conservative Allocation Fund | Diversified Portfolio | 55 | -0.70% | Jun 20, 1995 | FLSPX vs FLRUX |
Often Compared With FLSPX
What investors most often compare with FLSPX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Boston Partners Long/Short Research Fund | Long-Short | 66 | -0.71% | Sep 29, 2010 | FLSPX vs BPIRX | |
| Avantis US Small Cap Value ETF | Small Cap Value Equities | 69 | 8.80% | Sep 24, 2019 | FLSPX vs AVUV | |
| Diamond Hill Long-Short Fund | Long-Short | 52 | -4.94% | Jun 29, 2000 | FLSPX vs DIAMX | |
| Vanguard Small-Cap Value ETF | Small Cap Value Equities | 51 | 3.59% | Jan 26, 2004 | FLSPX vs VBR | |
| Direxion Daily Technology Bull 3X Shares | Leveraged Equities, Leveraged | 48 | -23.03% | Dec 17, 2008 | FLSPX vs TECL |
Compare FLSPX with Any Fund or Stock
Compare FLSPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.