Longboard Alternative Growth Fund (LONGX) Alternatives
Longboard Alternative Growth Fund (LONGX) 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 LONGX. 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 LONGX
LONGX charges 1.99% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among LONGX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | LONGX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | LONGX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | LONGX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | LONGX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | LONGX vs BTPIX |
Best Risk-Adjusted Alternatives to LONGX
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 | LONGX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | LONGX vs QLEIX | |
| AQR Long-Short Equity N | 93 | Jul 16, 2013 | LONGX vs QLENX | |
| Vanguard Market Neutral Fund Institutional Shares | 93 | Oct 19, 1998 | LONGX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 93 | Nov 16, 1998 | LONGX vs BPLEX |
Top Performing LONGX Alternatives (YTD)
LONGX alternatives from the Long-Short category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Guggenheim Alpha Opportunity Fund | 10.14% | Jul 6, 2003 | LONGX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | Dec 3, 2014 | LONGX vs PWLIX | |
| Vanguard Market Neutral Fund Institutional Shares | 6.12% | Oct 19, 1998 | LONGX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 6.09% | Nov 11, 1998 | LONGX vs VMNFX | |
| Invenomic Fund Institutional Class | 6.05% | Jun 19, 2017 | LONGX vs BIVIX |
Lowest Volatility Alternatives to LONGX
LONGX alternatives from the Long-Short category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| MFS Managed Wealth Fund | 5.68% | Jun 26, 2014 | LONGX vs MNWIX | |
| Neuberger Berman Long Short Fund | 6.34% | Dec 28, 2011 | LONGX vs NLSIX | |
| Federated Hermes MDT Market Neutral A | 6.39% | Sep 30, 2008 | LONGX vs QAMNX | |
| Knights of Columbus Long/Short Equity Fund | 6.52% | Dec 1, 2019 | LONGX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.59% | Dec 11, 2012 | LONGX vs ASILX |
Lowest Drawdown Alternatives to LONGX
LONGX 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 | LONGX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | LONGX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | LONGX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | LONGX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | LONGX vs QAMNX |
Often Compared With LONGX
What investors most often compare with LONGX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| DFA U.S. Targeted Value Portfolio | Small Cap Value Equities | 54 | 3.27% | Feb 23, 2000 | LONGX vs DFFVX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 90 | 14.62% | Jul 15, 2013 | LONGX vs QMHIX | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | LONGX vs VOO | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 25 | 12.39% | Mar 7, 2022 | LONGX vs CTA | |
| AQR Managed Futures Strategy Fund | Systematic Trend | 94 | 10.24% | Jan 5, 2010 | LONGX vs AQMIX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | Hedge Fund | 69 | 8.00% | Dec 31, 1996 | LONGX vs MBXIX | |
| Invesco QQQ ETF | Large Cap Growth Equities | 69 | -5.93% | Mar 10, 1999 | LONGX vs QQQ | |
| Standpoint Multi-Asset Fund Institutional | Diversified Portfolio | 64 | 6.56% | Dec 30, 2019 | LONGX vs BLNDX | |
| Easterly Snow Capital Long/Short Opportunity Fund | Long-Short | 80 | 4.60% | Apr 27, 2006 | LONGX vs SNOIX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | — | 4.41% | Apr 11, 2014 | LONGX vs JAKVX |
Compare LONGX with Any Fund or Stock
Compare LONGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.