The Merger Fund Class I (MERIX) Alternatives
The Merger Fund Class I (MERIX) belongs to the Event Driven category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MERIX. 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 MERIX
MERIX charges 1.32% annually. Among mutual funds in the Event Driven category, these options have the lowest expense ratios among MERIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Gabelli ABC Fund | 0.79% | May 13, 1993 | MERIX vs GABCX | |
| Gabelli Enterprise Mergers and Acquisitions Fund | 1.01% | Feb 27, 2001 | MERIX vs EMAYX | |
| BlackRock Event Driven Equity Fund | 1.16% | Dec 18, 2007 | MERIX vs BILPX | |
| The Arbitrage Fund | 1.43% | Sep 17, 2000 | MERIX vs ARBFX | |
| Water Island Event-Driven Fund | 1.44% | Sep 30, 2010 | MERIX vs AEDNX |
Best Risk-Adjusted Alternatives to MERIX
Among mutual funds in the Event Driven 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 | |
|---|---|---|---|---|
| The Merger Fund | 99 | Jan 30, 1989 | MERIX vs MERFX | |
| Vivaldi Merger Arbitrage Fund Class I | 99 | Oct 1, 2015 | MERIX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 99 | Aug 18, 2016 | MERIX vs HMEZX | |
| Dunham Monthly Distribution Fund | 98 | Jul 31, 2008 | MERIX vs DAMDX | |
| The Arbitrage Fund Class Institutional | 97 | Oct 17, 2003 | MERIX vs ARBNX |
Top Performing MERIX Alternatives (YTD)
MERIX alternatives from the Event Driven category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 2.42% | Feb 27, 2001 | MERIX vs EMAYX | |
| Camelot Event-Driven Fund Institutional Class | 1.36% | Jun 7, 2010 | MERIX vs EVDIX | |
| Camelot Event Driven Fund Class A | 1.30% | Nov 21, 2003 | MERIX vs EVDAX | |
| Gabelli ABC Fund | 1.20% | May 13, 1993 | MERIX vs GABCX | |
| Dunham Monthly Distribution Fund | 1.02% | Jul 31, 2008 | MERIX vs DAMDX |
Lowest Volatility Alternatives to MERIX
MERIX alternatives from the Event Driven category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.35% | Oct 1, 2015 | MERIX vs VARBX | |
| The Merger Fund | 1.53% | Jan 30, 1989 | MERIX vs MERFX | |
| NexPoint Merger Arbitrage Fund | 1.61% | Aug 18, 2016 | MERIX vs HMEZX | |
| Virtus Westchester Credit Event Fund | 2.21% | Dec 28, 2017 | MERIX vs WCFRX | |
| The Arbitrage Fund Class Institutional | 2.43% | Oct 17, 2003 | MERIX vs ARBNX |
Lowest Drawdown Alternatives to MERIX
MERIX alternatives from the Event Driven category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| The Merger Fund | -0.52% | Jan 30, 1989 | MERIX vs MERFX | |
| Vivaldi Merger Arbitrage Fund Class I | -0.64% | Oct 1, 2015 | MERIX vs VARBX | |
| NexPoint Merger Arbitrage Fund | -1.06% | Aug 18, 2016 | MERIX vs HMEZX | |
| Dunham Monthly Distribution Fund | -1.56% | Jul 31, 2008 | MERIX vs DAMDX | |
| The Arbitrage Fund Class Institutional | -1.74% | Oct 17, 2003 | MERIX vs ARBNX |
Often Compared With MERIX
What investors most often compare with MERIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | MERIX vs VOO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | MERIX vs QLD | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | MERIX vs SPY | |
| The GDL Fund | Event Driven | 36 | -0.23% | Jan 31, 2007 | MERIX vs GDL | |
| Driehaus Event Driven Fund | Event Driven | 73 | -1.35% | Aug 22, 2013 | MERIX vs DEVDX |
Compare MERIX with Any Fund or Stock
Compare MERIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.