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 45. There are 14 mutual funds in the Event Driven category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 99 | — | Oct 2015 | WCEIX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | WCEIX vs HMEZX | |
| The Merger Fund Class I | 97 | — | Aug 2013 | WCEIX vs MERIX | |
| The Arbitrage Fund Class Institutional | 96 | — | Oct 2003 | WCEIX vs ARBNX | |
| Water Island Event-Driven Fund | 96 | — | Sep 2010 | WCEIX vs AEDNX |
Top Performing WCEIX Alternatives (YTD)
WCEIX is at 1.26% YTD. There are 13 mutual funds in the Event Driven category with higher YTD returns, going as high as 8.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 8.11% | — | Feb 2001 | WCEIX vs EMAYX | |
| Water Island Event-Driven Fund | 4.53% | — | Sep 2010 | WCEIX vs AEDNX | |
| Gabelli ABC Fund | 3.68% | — | May 1993 | WCEIX vs GABCX | |
| Camelot Event-Driven Fund Institutional Class | 3.49% | — | Jun 2010 | WCEIX vs EVDIX | |
| Camelot Event Driven Fund Class A | 3.30% | — | Nov 2003 | WCEIX vs EVDAX |
Lowest Volatility Alternatives to WCEIX
WCEIX has 3.06% 1-year volatility. There are 11 mutual funds in the Event Driven category with lower 1-year volatility, going as low as 1.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.00% | — | Oct 2015 | WCEIX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 1.26% | — | Aug 2016 | WCEIX vs HMEZX | |
| The Merger Fund Class I | 1.48% | — | Aug 2013 | WCEIX vs MERIX | |
| The Merger Fund | 1.52% | — | Jan 1989 | WCEIX vs MERFX | |
| The Arbitrage Fund | 1.87% | — | Sep 2000 | WCEIX vs ARBFX |
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 -0.28%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | -0.28% | — | 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 |
Other Mutual Funds from Virtus
The 10 most viewed Virtus mutual funds shown here include ASFYX, AIO, SAMBX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | Systematic Trend | 66 | 9.56% | — | Jul 2010 | WCEIX vs ASFYX | |
| Virtus Artificial Intelligence & Technology Opport... | Artificial Intelligence, Technology Equities | 24 | 21.38% | — | Oct 2019 | WCEIX vs AIO | |
| Virtus Seix Floating Rate High Income Fund | Bank Loan | 98 | 2.76% | — | Feb 2006 | WCEIX vs SAMBX | |
| Virtus KAR Small-Cap Core Fund | Mid Cap Growth Equities | 8 | 7.36% | — | Oct 1996 | WCEIX vs PKSFX | |
| Virtus KAR Small-Mid Cap Core Fund | Mid Cap Growth Equities | 0 | -4.13% | — | Mar 2018 | WCEIX vs VKSIX | |
| Virtus KAR Capital Growth Fund | Large Cap Growth Equities | 4 | 0.05% | — | Oct 1995 | WCEIX vs PSTAX | |
| Virtus KAR Mid-Cap Core Fund | Mid Cap Growth Equities | 3 | 0.70% | — | Jun 2009 | WCEIX vs VIMCX | |
| Virtus Stone Harbor Emerging Markets Income Fund | Emerging Markets Bonds | 43 | 13.38% | — | Dec 2010 | WCEIX vs EDF | |
| Virtus KAR Small-Cap Growth Fund | Small Cap Growth Equities | 1 | -1.68% | — | Jun 2006 | WCEIX vs PXSGX | |
| Virtus Duff & Phelps Real Estate Securities Fund | REIT | 68 | 20.77% | — | Mar 1995 | WCEIX vs PHRAX |
Often Compared With WCEIX
Investors most often compare WCEIX with DAMDX, WCFRX, BALPX. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dunham Monthly Distribution Fund | Event Driven | 86 | 1.20% | — | Jul 2008 | WCEIX vs DAMDX | |
| Virtus Westchester Credit Event Fund | Event Driven | 27 | 0.74% | — | Dec 2017 | WCEIX vs WCFRX | |
| BlackRock Event Driven Equity Fund Investor Class ... | Event Driven | 79 | 2.84% | — | Dec 2007 | WCEIX vs BALPX | |
| Virtus Tactical Allocation Fund | Diversified Portfolio | 4 | -0.04% | — | Sep 1940 | WCEIX vs NAINX |
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