Vivaldi Merger Arbitrage Fund Class I (VARBX) Alternatives

Vivaldi Merger Arbitrage Fund Class I (VARBX) 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 VARBX. 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 VARBX

VARBX charges 1.81% annually. Among mutual funds in the Event Driven category, these options have the lowest expense ratios among VARBX alternatives.

Symbol	Name	Expense Ratio	Inception
GABCX	Gabelli ABC Fund	0.79%	May 13, 1993	VARBX vs GABCX
EMAYX	Gabelli Enterprise Mergers and Acquisitions Fund	1.01%	Feb 27, 2001	VARBX vs EMAYX
BILPX	BlackRock Event Driven Equity Fund	1.16%	Dec 18, 2007	VARBX vs BILPX
MERIX	The Merger Fund Class I	1.32%	Aug 1, 2013	VARBX vs MERIX
ARBFX	The Arbitrage Fund	1.43%	Sep 17, 2000	VARBX vs ARBFX

Best Risk-Adjusted Alternatives to VARBX

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
MERIX	The Merger Fund Class I	99	Aug 1, 2013	VARBX vs MERIX
MERFX	The Merger Fund	99	Jan 30, 1989	VARBX vs MERFX
HMEZX	NexPoint Merger Arbitrage Fund	99	Aug 18, 2016	VARBX vs HMEZX
DAMDX	Dunham Monthly Distribution Fund	98	Jul 31, 2008	VARBX vs DAMDX
ARBNX	The Arbitrage Fund Class Institutional	97	Oct 17, 2003	VARBX vs ARBNX

Top Performing VARBX Alternatives (YTD)

VARBX alternatives from the Event Driven category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EMAYX	Gabelli Enterprise Mergers and Acquisitions Fund	2.42%	Feb 27, 2001	VARBX vs EMAYX
EVDIX	Camelot Event-Driven Fund Institutional Class	1.36%	Jun 7, 2010	VARBX vs EVDIX
EVDAX	Camelot Event Driven Fund Class A	1.30%	Nov 21, 2003	VARBX vs EVDAX
GABCX	Gabelli ABC Fund	1.20%	May 13, 1993	VARBX vs GABCX
DAMDX	Dunham Monthly Distribution Fund	1.02%	Jul 31, 2008	VARBX vs DAMDX

Lowest Volatility Alternatives to VARBX

VARBX alternatives from the Event Driven category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
MERIX	The Merger Fund Class I	1.51%	Aug 1, 2013	VARBX vs MERIX
MERFX	The Merger Fund	1.53%	Jan 30, 1989	VARBX vs MERFX
HMEZX	NexPoint Merger Arbitrage Fund	1.61%	Aug 18, 2016	VARBX vs HMEZX
WCFRX	Virtus Westchester Credit Event Fund	2.21%	Dec 28, 2017	VARBX vs WCFRX
ARBNX	The Arbitrage Fund Class Institutional	2.43%	Oct 17, 2003	VARBX vs ARBNX

Lowest Drawdown Alternatives to VARBX

VARBX alternatives from the Event Driven category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
MERIX	The Merger Fund Class I	-0.47%	Aug 1, 2013	VARBX vs MERIX
MERFX	The Merger Fund	-0.52%	Jan 30, 1989	VARBX vs MERFX
HMEZX	NexPoint Merger Arbitrage Fund	-1.06%	Aug 18, 2016	VARBX vs HMEZX
DAMDX	Dunham Monthly Distribution Fund	-1.56%	Jul 31, 2008	VARBX vs DAMDX
ARBNX	The Arbitrage Fund Class Institutional	-1.74%	Oct 17, 2003	VARBX vs ARBNX

Other Mutual Funds from First Trust

Most popular First Trust mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FPEIX	First Trust Preferred Securities and Income Fund	Preferred Stock/Convertible Bonds	80	-2.48%	Jan 10, 2011	VARBX vs FPEIX
FOVIX	First Trust/Confluence Small Cap Value Fund	Small Cap Blend Equities	—	—	Jan 11, 2011	VARBX vs FOVIX
FFA	First Trust Enhanced Equity Income Fund	Derivative Income	36	-5.60%	Aug 26, 2004	VARBX vs FFA
FDHIX	First Trust Short Duration High Income Fund	Bank Loan	65	-2.99%	Oct 31, 2012	VARBX vs FDHIX

Often Compared With VARBX

What investors most often compare with VARBX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ICMUX	Intrepid Income Fund	Multisector Bonds	94	-0.24%	Jul 1, 2007	VARBX vs ICMUX
DODIX	Dodge & Cox Income Fund	Total Bond Market	67	-0.19%	—	VARBX vs DODIX
MINT	PIMCO Enhanced Short Maturity Active ETF	Ultrashort Bond	100	0.91%	Nov 16, 2009	VARBX vs MINT
DBSCX	Doubleline Selective Credit Fund	Multisector Bonds	98	0.84%	Aug 3, 2014	VARBX vs DBSCX
PYLD	PIMCO ETF Trust - PIMCO Multisector Bond Active Ex...	Multisector Bonds	83	-0.92%	Jun 21, 2023	VARBX vs PYLD
RCTIX	River Canyon Total Return Bond Fund	Short-Term Bond	92	-0.97%	Dec 30, 2014	VARBX vs RCTIX
DODLX	Dodge & Cox Global Bond Fund	Global Bonds	82	-0.65%	Apr 30, 2014	VARBX vs DODLX
QLENX	AQR Long-Short Equity N	Long-Short	93	-3.31%	Jul 16, 2013	VARBX vs QLENX
BYLD	iShares Yield Optimized Bond ETF	Intermediate Core-Plus Bond	76	-0.20%	Apr 22, 2014	VARBX vs BYLD
FMY	First Trust Mortgage Income Fund	Mortgage Backed Securities	14	-2.09%	May 25, 2005	VARBX vs FMY
DEVDX	Driehaus Event Driven Fund	Event Driven	73	-1.35%	Aug 22, 2013	VARBX vs DEVDX
GDL	The GDL Fund	Event Driven	36	-0.23%	Jan 31, 2007	VARBX vs GDL
FCT	First Trust Senior Floating Rate Income Fund II	Bank Loan	24	-1.43%	Jan 1, 2013	VARBX vs FCT
FTHY	First Trust High Yield Opportunities 2027 Term Fun...	High Yield Bonds	15	-1.22%	Jun 25, 2020	VARBX vs FTHY
FPF	First Trust Intermediate Duration Preferred and In...	Preferred Stock/Convertible Bonds	14	-4.04%	Apr 1, 2009	VARBX vs FPF
AEDNX	Water Island Event-Driven Fund	Event Driven	94	-0.23%	Sep 30, 2010	VARBX vs AEDNX

Compare VARBX with Any Fund or Stock

Compare VARBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Vivaldi Merger Arbitrage Fund Class I

Symbol name