Lazard Enhanced Opportunities Portfolio Open Shares (LEOOX) belongs to the Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LEOOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LEOOX
LEOOX charges 1.50% annually. There are 25 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.59%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Convertible Securities Fund Class... | 0.59% | — | Oct 2018 | LEOOX vs FIQVX | |
| Fidelity Convertible Securities Fund | 0.67% | — | Jan 1987 | LEOOX vs FCVSX | |
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | LEOOX vs CNSDX | |
| Fidelity Advisor Convertible Securities Fund Class... | 0.70% | — | Feb 2009 | LEOOX vs FICVX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | LEOOX vs ANNPX |
Best Risk-Adjusted Alternatives to LEOOX
LEOOX has a PortfoliosLab risk / return rank of 80. There are 4 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | LEOOX vs ARBIX | |
| Miller Convertible Bond Fund | 87 | — | Dec 2007 | LEOOX vs MCIFX | |
| Virtus Convertible Fund | 80 | — | Apr 1993 | LEOOX vs ANNPX | |
| Calamos Global Convertible Fund | 80 | — | Dec 2014 | LEOOX vs CXGCX | |
| Calamos Convertible Opportunities and Income Fund | 79 | — | Jun 1997 | LEOOX vs CHI |
Top Performing LEOOX Alternatives (YTD)
LEOOX is at 4.97% YTD. There are 26 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 26.45%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 26.45% | — | Jun 1997 | LEOOX vs CHI | |
| Calamos Convertible Fund | 19.73% | — | Jun 1997 | LEOOX vs CICVX | |
| Calamos Convertible Fund | 19.55% | — | Jun 1985 | LEOOX vs CCVIX | |
| Calamos Convertible and High Income Closed Fund | 18.60% | — | May 2003 | LEOOX vs CHY | |
| Columbia Convertible Securities Fund | 18.42% | — | Sep 1987 | LEOOX vs PACIX |
Lowest Volatility Alternatives to LEOOX
LEOOX has 6.58% 1-year volatility. There are 3 mutual funds in the Convertible Bonds category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.24% | — | Aug 2017 | LEOOX vs ARBIX | |
| Miller Convertible Bond Fund | 5.29% | — | Dec 2007 | LEOOX vs MCIFX | |
| Victory INCORE Investment Grade Convertible Fund C... | 6.33% | — | — | LEOOX vs SBFCX | |
| Rational/Pier 88 Convertible Securities Fund | 7.14% | — | Dec 2019 | LEOOX vs PBXIX | |
| Calamos Global Convertible Fund | 10.86% | — | Dec 2014 | LEOOX vs CXGCX |
Lowest Drawdown Alternatives to LEOOX
LEOOX has a 1-year max drawdown of -3.97%. There is 1 mutual fund in the Convertible Bonds category with a shallower 1-year drawdown, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | LEOOX vs ARBIX | |
| Victory INCORE Investment Grade Convertible Fund C... | -4.28% | — | — | LEOOX vs SBFCX | |
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | LEOOX vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | -5.16% | — | Dec 2019 | LEOOX vs PBXIX | |
| Calamos Global Convertible Fund | -5.75% | — | Dec 2014 | LEOOX vs CXGCX |
Other Mutual Funds from Lazard
The 10 most viewed Lazard mutual funds shown here include GLIFX, LZEMX, GLFOX and span 9 categories.
Compare LEOOX with Any Fund or Stock
Compare LEOOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LEOOX with funds that move differently
Lazard Enhanced Opportunities Portfolio Open Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LEOOX.
Explore LEOOX Diversifiers