Virtus Equity & Convertible Income Fund (NIE) Alternatives
Virtus Equity & Convertible Income Fund (NIE) belongs to the Derivative Income category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NIE. 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 NIE
NIE charges 1.12% annually. Among mutual funds in the Derivative Income category, these options have the lowest expense ratios among NIE alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 0.44% | Feb 24, 2016 | NIE vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | Nov 2, 2021 | NIE vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.63% | Aug 31, 2018 | NIE vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | Sep 3, 1996 | NIE vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | Dec 14, 2015 | NIE vs ENHNX |
Best Risk-Adjusted Alternatives to NIE
Among mutual funds in the Derivative Income 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 Enhanced Large Cap Core Fund | 89 | Apr 27, 2004 | NIE vs CII | |
| USCF Gold Strategy Plus Income Fund | 83 | Nov 2, 2021 | NIE vs USG | |
| Goldman Sachs International Equity Dividend and Pr... | 78 | Jan 30, 2008 | NIE vs GIDHX | |
| WisdomTree Equity Premium Income Fund | 72 | Feb 24, 2016 | NIE vs PUTW | |
| Madison Covered Call & Equity Income Fund | 50 | Oct 29, 2009 | NIE vs MENYX |
Top Performing NIE Alternatives (YTD)
NIE alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| USCF Gold Strategy Plus Income Fund | 6.85% | Nov 2, 2021 | NIE vs USG | |
| Madison Covered Call & Equity Income Fund | 4.35% | Oct 29, 2009 | NIE vs MENYX | |
| Cullen Enhanced Equity Income Fund | 3.20% | Dec 14, 2015 | NIE vs ENHNX | |
| Goldman Sachs International Equity Dividend and Pr... | 1.85% | Jan 30, 2008 | NIE vs GIDHX | |
| The Covered Bridge Fund | 0.83% | Sep 30, 2013 | NIE vs TCBIX |
Lowest Volatility Alternatives to NIE
NIE alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| The Covered Bridge Fund | 13.05% | Sep 30, 2013 | NIE vs TCBIX | |
| JPMorgan Equity Premium Income Fund Class A | 13.68% | Aug 31, 2018 | NIE vs JEPAX | |
| JPMorgan Equity Premium Income Fund Class I | 13.70% | Aug 31, 2018 | NIE vs JEPIX | |
| Cullen Enhanced Equity Income Fund | 13.94% | Dec 14, 2015 | NIE vs ENHNX | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 14.28% | Sep 10, 2017 | NIE vs KNGLX |
Lowest Drawdown Alternatives to NIE
NIE alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -9.90% | Feb 24, 2016 | NIE vs PUTW | |
| The Covered Bridge Fund | -10.24% | Sep 30, 2013 | NIE vs TCBIX | |
| Goldman Sachs International Equity Dividend and Pr... | -10.38% | Jan 30, 2008 | NIE vs GIDHX | |
| Shelton Equity Income Fund | -10.43% | Sep 3, 1996 | NIE vs EQTIX | |
| JPMorgan Equity Premium Income Fund Class A | -10.43% | Aug 31, 2018 | NIE vs JEPAX |
Other Mutual Funds from Virtus
Most popular Virtus mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Virtus Artificial Intelligence & Technology Opport... | Technology Equities | 38 | 0.42% | Oct 29, 2019 | NIE vs AIO | |
| Virtus KAR Small-Cap Core Fund | Mid Cap Growth Equities | 8 | -0.51% | Oct 18, 1996 | NIE vs PKSFX | |
| Virtus KAR Small-Mid Cap Core Fund | Mid Cap Growth Equities | 1 | -8.94% | Mar 7, 2018 | NIE vs VKSIX | |
| Virtus Seix Floating Rate High Income Fund | Bank Loan | 94 | -0.19% | Feb 28, 2006 | NIE vs SAMBX | |
| Virtus KAR Mid-Cap Core Fund | Mid Cap Growth Equities | 4 | -6.62% | Jun 22, 2009 | NIE vs VIMCX | |
| Virtus KAR Small-Cap Growth Fund | Small Cap Growth Equities | 0 | -12.20% | Jun 28, 2006 | NIE vs PXSGX | |
| Virtus KAR Capital Growth Fund | Large Cap Growth Equities | 3 | -16.13% | Oct 16, 1995 | NIE vs PSTAX | |
| The Merger Fund | Event Driven | 99 | 0.46% | Jan 30, 1989 | NIE vs MERFX | |
| Virtus Silvant Large-Cap Growth Stock Fund | Large Cap Growth Equities | 23 | -14.37% | Jun 9, 1992 | NIE vs STCIX | |
| Virtus Duff & Phelps Real Estate Securities Fund | REIT | 11 | 2.88% | Mar 1, 1995 | NIE vs PHRAX |
Often Compared With NIE
What investors most often compare with NIE, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Virtus Diversified Income & Convertible Fund | Diversified Portfolio | 88 | -5.69% | May 26, 2015 | NIE vs ACV | |
| StoneCastle Financial Corp. | 39 | -10.30% | — | NIE vs BANX | ||
| DNP Select Income Fund Inc. | 72 | 5.07% | — | NIE vs DNP | ||
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | NIE vs SPY | |
| Invesco Income Advantage U.S. Fund | Derivative Income | 42 | -5.39% | Mar 30, 2006 | NIE vs SCAUX | |
| Catalyst Nasdaq-100 Hedged Equity Fund | Derivative Income | 38 | -7.05% | Dec 30, 2013 | NIE vs CLPAX | |
| Guggenheim Strategic Opportunities Fund | Derivative Income | 1 | -10.50% | Jul 26, 2007 | NIE vs GOF |
Compare NIE with Any Fund or Stock
Compare NIE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.