Persimmon Long/Short Fund (LSEIX) 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 LSEIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LSEIX
LSEIX charges 1.91% annually. There are 39 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 | LSEIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | LSEIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 11.94M | Jan 2026 | LSEIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | LSEIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | LSEIX vs BTPIX |
Best Risk-Adjusted Alternatives to LSEIX
LSEIX has a PortfoliosLab risk / return rank of 84. There are 5 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 94 | — | Dec 2012 | LSEIX vs BDMIX | |
| Boston Partners Long/Short Equity Fund | 94 | — | Nov 1998 | LSEIX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 86 | — | Oct 1998 | LSEIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 86 | 561.90M | Nov 1998 | LSEIX vs VMNFX | |
| Multi-Manager Directional Alternative Strategies F... | 85 | — | Jan 2017 | LSEIX vs CDAZX |
Top Performing LSEIX Alternatives (YTD)
LSEIX is at 6.69% YTD. There are 18 mutual funds in the Long-Short category with higher YTD returns, going as high as 14.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Market Neutral Fund Investor Shares | 14.03% | 561.90M | Nov 1998 | LSEIX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 14.03% | — | Oct 1998 | LSEIX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 13.95% | — | Nov 1998 | LSEIX vs BPLEX | |
| Longboard Alternative Growth Fund | 12.82% | — | Mar 2015 | LSEIX vs LONGX | |
| Guggenheim Alpha Opportunity Fund | 12.71% | — | Jul 2003 | LSEIX vs SAOAX |
Lowest Volatility Alternatives to LSEIX
LSEIX has 8.83% 1-year volatility. There are 20 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.31% | — | Dec 2011 | LSEIX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.60% | — | Dec 2012 | LSEIX vs ASILX | |
| MFS Managed Wealth Fund | 5.88% | — | Jun 2014 | LSEIX vs MNWIX | |
| Knights of Columbus Long/Short Equity Fund | 6.11% | — | Dec 2019 | LSEIX vs KCEIX | |
| Wilmington Global Alpha Equities Fund | 6.17% | — | Jan 2012 | LSEIX vs WRAIX |
Lowest Drawdown Alternatives to LSEIX
LSEIX has a 1-year max drawdown of -3.90%. There are 5 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 | LSEIX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | LSEIX vs GTAPX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.24% | — | Dec 2012 | LSEIX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | LSEIX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | LSEIX vs GARIX |
Often Compared With LSEIX
Investors most often compare LSEIX with ABRSX, WPOPX, QLEIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LSEIX with Any Fund or Stock
Compare LSEIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LSEIX with funds that move differently
Persimmon Long/Short Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LSEIX.
Explore LSEIX Diversifiers