Virtus Westchester Event-Driven Fund (WCEIX) 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 WCEIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WCEIX
WCEIX charges 1.63% annually. There are 10 mutual funds in the Event Driven category with lower expense ratios, going as low as 0.79%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli ABC Fund | 0.79% | — | May 1993 | WCEIX vs GABCX | |
| Gabelli Enterprise Mergers and Acquisitions Fund | 1.01% | — | Feb 2001 | WCEIX vs EMAYX | |
| BlackRock Event Driven Equity Fund | 1.16% | — | Dec 2007 | WCEIX vs BILPX | |
| The Merger Fund Class I | 1.32% | — | Aug 2013 | WCEIX vs MERIX | |
| The Arbitrage Fund | 1.43% | — | Sep 2000 | WCEIX vs ARBFX |
Best Risk-Adjusted Alternatives to WCEIX
WCEIX has a PortfoliosLab risk / return rank of 62. There are 11 mutual funds in the Event Driven category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | WCEIX vs HMEZX | |
| Vivaldi Merger Arbitrage Fund Class I | 98 | — | Oct 2015 | WCEIX vs VARBX | |
| The Merger Fund Class I | 98 | — | Aug 2013 | WCEIX vs MERIX | |
| Dunham Monthly Distribution Fund | 97 | — | Jul 2008 | WCEIX vs DAMDX | |
| The Arbitrage Fund Class Institutional | 97 | — | Oct 2003 | WCEIX vs ARBNX |
Top Performing WCEIX Alternatives (YTD)
WCEIX is at 1.26% YTD. There are 11 mutual funds in the Event Driven category with higher YTD returns, going as high as 6.87%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 6.87% | — | Feb 2001 | WCEIX vs EMAYX | |
| Gabelli ABC Fund | 3.68% | — | May 1993 | WCEIX vs GABCX | |
| Water Island Event-Driven Fund | 2.89% | — | Sep 2010 | WCEIX vs AEDNX | |
| Camelot Event-Driven Fund Institutional Class | 2.13% | — | Jun 2010 | WCEIX vs EVDIX | |
| BlackRock Event Driven Equity Fund | 2.12% | — | Dec 2007 | WCEIX vs BILPX |
Lowest Volatility Alternatives to WCEIX
WCEIX has 3.09% 1-year volatility. There are 11 mutual funds in the Event Driven category with lower 1-year volatility, going as low as 1.10%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.10% | — | Oct 2015 | WCEIX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 1.27% | — | Aug 2016 | WCEIX vs HMEZX | |
| The Merger Fund Class I | 1.51% | — | Aug 2013 | WCEIX vs MERIX | |
| The Merger Fund | 1.53% | — | Jan 1989 | WCEIX vs MERFX | |
| Virtus Westchester Credit Event Fund | 1.70% | — | Dec 2017 | WCEIX vs WCFRX |
Lowest Drawdown Alternatives to WCEIX
WCEIX has a 1-year max drawdown of -1.35%. There are 8 mutual funds in the Event Driven category with shallower 1-year drawdowns, going as shallow as -0.37%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | -0.37% | — | Oct 2015 | WCEIX vs VARBX | |
| The Merger Fund Class I | -0.47% | — | Aug 2013 | WCEIX vs MERIX | |
| The Merger Fund | -0.52% | — | Jan 1989 | WCEIX vs MERFX | |
| NexPoint Merger Arbitrage Fund | -0.55% | — | Aug 2016 | WCEIX vs HMEZX | |
| The Arbitrage Fund | -0.88% | — | Sep 2000 | WCEIX vs ARBFX |
Often Compared With WCEIX
Investors most often compare WCEIX with EVDAX. These 1 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Camelot Event Driven Fund Class A | Event Driven | 25 | 2.00% | — | Nov 2003 | WCEIX vs EVDAX |
Compare WCEIX with Any Fund or Stock
Compare WCEIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WCEIX with funds that move differently
Virtus Westchester Event-Driven Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WCEIX.
Explore WCEIX Diversifiers