Parvin Hedged Equity Solari World Fund (PHSWX) 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 PHSWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PHSWX
PHSWX charges 0.01% annually. No mutual funds in the Long-Short category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.67%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | PHSWX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 12.07M | Jan 2026 | PHSWX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | PHSWX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | PHSWX vs BTPIX | |
| Hussman Strategic Growth Fund | 1.15% | — | Jul 2000 | PHSWX vs HSGFX |
Best Risk-Adjusted Alternatives to PHSWX
PHSWX has a PortfoliosLab risk / return rank of 23. There are 29 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 98 | — | Nov 1998 | PHSWX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 97 | — | Oct 1998 | PHSWX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 97 | 601.30M | Nov 1998 | PHSWX vs VMNFX | |
| Quantitative U.S. Long/Short Equity Portfolio | 95 | — | Sep 2006 | PHSWX vs GTAPX | |
| Knights of Columbus Long/Short Equity Fund | 95 | — | Dec 2019 | PHSWX vs KCEIX |
Top Performing PHSWX Alternatives (YTD)
PHSWX is at 5.87% YTD. There are 26 mutual funds in the Long-Short category with higher YTD returns, going as high as 21.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 21.35% | — | Nov 1998 | PHSWX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 16.18% | — | Oct 1998 | PHSWX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 16.18% | 601.30M | Nov 1998 | PHSWX vs VMNFX | |
| Guggenheim Alpha Opportunity Fund | 15.92% | — | Jul 2003 | PHSWX vs SAOAX | |
| Wasatch Long/Short Alpha Fund | 13.20% | — | Sep 2021 | PHSWX vs WALSX |
Lowest Volatility Alternatives to PHSWX
PHSWX has 16.00% 1-year volatility. There are 42 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.67%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.67% | — | Dec 2011 | PHSWX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.75% | — | Dec 2012 | PHSWX vs ASILX | |
| MFS Managed Wealth Fund | 6.03% | — | Jun 2014 | PHSWX vs MNWIX | |
| Wilmington Global Alpha Equities Fund | 6.25% | — | Jan 2012 | PHSWX vs WRAIX | |
| Knights of Columbus Long/Short Equity Fund | 6.51% | — | Dec 2019 | PHSWX vs KCEIX |
Lowest Drawdown Alternatives to PHSWX
PHSWX has a 1-year max drawdown of -14.06%. There are 42 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 | PHSWX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | PHSWX vs GTAPX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | PHSWX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | PHSWX vs GARIX | |
| Persimmon Long/Short Fund | -3.90% | — | Dec 2012 | PHSWX vs LSEIX |
Often Compared With PHSWX
Investors most often compare PHSWX with CPIEX, BIVIX, CRIHX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare PHSWX with Any Fund or Stock
Compare PHSWX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PHSWX with funds that move differently
Parvin Hedged Equity Solari World Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHSWX.
Explore PHSWX Diversifiers