RiverPark Long/Short Opportunity Fund (RLSIX) Alternatives
RiverPark Long/Short Opportunity Fund (RLSIX) 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 RLSIX. 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 RLSIX
RLSIX charges 1.75% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among RLSIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | RLSIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | RLSIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | RLSIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | RLSIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | RLSIX vs BTPIX |
Best Risk-Adjusted Alternatives to RLSIX
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 | RLSIX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | RLSIX vs QLEIX | |
| AQR Long-Short Equity N | 93 | Jul 16, 2013 | RLSIX vs QLENX | |
| Vanguard Market Neutral Fund Institutional Shares | 93 | Oct 19, 1998 | RLSIX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 93 | Nov 16, 1998 | RLSIX vs BPLEX |
Top Performing RLSIX Alternatives (YTD)
RLSIX 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 | RLSIX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | Dec 3, 2014 | RLSIX vs PWLIX | |
| Vanguard Market Neutral Fund Institutional Shares | 6.12% | Oct 19, 1998 | RLSIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 6.09% | Nov 11, 1998 | RLSIX vs VMNFX | |
| Invenomic Fund Institutional Class | 6.05% | Jun 19, 2017 | RLSIX vs BIVIX |
Lowest Volatility Alternatives to RLSIX
RLSIX 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 | RLSIX vs MNWIX | |
| Neuberger Berman Long Short Fund | 6.34% | Dec 28, 2011 | RLSIX vs NLSIX | |
| Federated Hermes MDT Market Neutral A | 6.39% | Sep 30, 2008 | RLSIX vs QAMNX | |
| Knights of Columbus Long/Short Equity Fund | 6.52% | Dec 1, 2019 | RLSIX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.59% | Dec 11, 2012 | RLSIX vs ASILX |
Lowest Drawdown Alternatives to RLSIX
RLSIX 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 | RLSIX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | RLSIX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | RLSIX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | RLSIX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | RLSIX vs QAMNX |
Other Mutual Funds from RiverPark Funds
Most popular RiverPark Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | High Yield Bonds | 100 | 1.02% | Sep 30, 2010 | RLSIX vs RPHIX | |
| RiverPark Large Growth Fund | Large Cap Growth Equities | 11 | -13.34% | Sep 30, 2010 | RLSIX vs RPXIX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 96 | 0.36% | Sep 30, 2013 | RLSIX vs RSIIX | |
| Wedgewood Fund | Large Cap Growth Equities | 7 | -8.76% | Sep 30, 2010 | RLSIX vs RWGIX | |
| RiverPark Floating Rate CMBS Fund | Bank Loan | 98 | 0.88% | Sep 29, 2016 | RLSIX vs RCRIX |
Often Compared With RLSIX
What investors most often compare with RLSIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | RLSIX vs SPY | |
| iShares Core U.S. Aggregate Bond ETF | Total Bond Market | 60 | 0.02% | Sep 22, 2003 | RLSIX vs AGG | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | — | 4.41% | Apr 11, 2014 | RLSIX vs JAKVX |
Compare RLSIX with Any Fund or Stock
Compare RLSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.