Gotham Absolute Return Fund (GARIX) 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 GARIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GARIX
GARIX charges 1.50% annually. There are 19 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 | GARIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | GARIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 12.07M | Jan 2026 | GARIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | GARIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | GARIX vs BTPIX |
Best Risk-Adjusted Alternatives to GARIX
GARIX has a PortfoliosLab risk / return rank of 89. There are 8 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 98 | — | Nov 1998 | GARIX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 97 | — | Oct 1998 | GARIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 97 | 601.30M | Nov 1998 | GARIX vs VMNFX | |
| Knights of Columbus Long/Short Equity Fund | 96 | — | Dec 2019 | GARIX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | 96 | — | Sep 2006 | GARIX vs GTAPX |
Top Performing GARIX Alternatives (YTD)
GARIX is at 11.32% YTD. There are 10 mutual funds in the Long-Short category with higher YTD returns, going as high as 21.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 21.25% | — | Nov 1998 | GARIX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 16.69% | — | Oct 1998 | GARIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 16.68% | 601.30M | Nov 1998 | GARIX vs VMNFX | |
| Guggenheim Alpha Opportunity Fund | 15.53% | — | Jul 2003 | GARIX vs SAOAX | |
| Wasatch Long/Short Alpha Fund | 13.61% | — | Sep 2021 | GARIX vs WALSX |
Lowest Volatility Alternatives to GARIX
GARIX has 8.82% 1-year volatility. There are 19 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.55% | — | Dec 2011 | GARIX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.74% | — | Dec 2012 | GARIX vs ASILX | |
| MFS Managed Wealth Fund | 6.02% | — | Jun 2014 | GARIX vs MNWIX | |
| Wilmington Global Alpha Equities Fund | 6.26% | — | Jan 2012 | GARIX vs WRAIX | |
| Knights of Columbus Long/Short Equity Fund | 6.62% | — | Dec 2019 | GARIX vs KCEIX |
Lowest Drawdown Alternatives to GARIX
GARIX has a 1-year max drawdown of -3.85%. There are 3 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 | GARIX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | GARIX vs GTAPX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | GARIX vs ASILX | |
| Persimmon Long/Short Fund | -3.90% | — | Dec 2012 | GARIX vs LSEIX | |
| Federated Hermes MDT Market Neutral A | -4.16% | — | Sep 2008 | GARIX vs QAMNX |
Other Mutual Funds from Gotham
The 6 most viewed Gotham mutual funds shown here include GINDX, GENIX, GSPFX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Gotham Index Plus Fund | Large Cap Blend Equities | 72 | 8.92% | — | Mar 2015 | GARIX vs GINDX | |
| Gotham Enhanced Return Fund | Mid Cap Blend Equities | 88 | 14.93% | — | May 2013 | GARIX vs GENIX | |
| Gotham Enhanced S&P 500 Index Fund | Large Cap Blend Equities | 77 | 11.59% | — | Dec 2016 | GARIX vs GSPFX | |
| Gotham Total Return Fund | Long-Short | 84 | 10.65% | — | Mar 2015 | GARIX vs GTRFX | |
| Gotham Large Value Fund | Large Cap Value Equities | 80 | 13.51% | — | Dec 2015 | GARIX vs GVALX | |
| Gotham Neutral Fund Institutional Class | Equity Market Neutral | 23 | 1.33% | — | Aug 2013 | GARIX vs GONIX |
Often Compared With GARIX
Investors most often compare GARIX with MBXIX, PWLIX, SPY. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare GARIX with Any Fund or Stock
Compare GARIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GARIX with funds that move differently
Gotham Absolute Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GARIX.
Explore GARIX Diversifiers