Wilmington Global Alpha Equities Fund (WRAIX) Alternatives
Wilmington Global Alpha Equities Fund (WRAIX) 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 WRAIX. 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 WRAIX
WRAIX charges 1.24% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among WRAIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | WRAIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | WRAIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | WRAIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | WRAIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | WRAIX vs BTPIX |
Best Risk-Adjusted Alternatives to WRAIX
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 | WRAIX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | WRAIX vs QLEIX | |
| AQR Long-Short Equity N | 93 | Jul 16, 2013 | WRAIX vs QLENX | |
| Vanguard Market Neutral Fund Institutional Shares | 93 | Oct 19, 1998 | WRAIX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 93 | Nov 16, 1998 | WRAIX vs BPLEX |
Top Performing WRAIX Alternatives (YTD)
WRAIX 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 | WRAIX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | Dec 3, 2014 | WRAIX vs PWLIX | |
| Vanguard Market Neutral Fund Institutional Shares | 6.12% | Oct 19, 1998 | WRAIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 6.09% | Nov 11, 1998 | WRAIX vs VMNFX | |
| Invenomic Fund Institutional Class | 6.05% | Jun 19, 2017 | WRAIX vs BIVIX |
Lowest Volatility Alternatives to WRAIX
WRAIX 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 | WRAIX vs MNWIX | |
| Neuberger Berman Long Short Fund | 6.34% | Dec 28, 2011 | WRAIX vs NLSIX | |
| Federated Hermes MDT Market Neutral A | 6.39% | Sep 30, 2008 | WRAIX vs QAMNX | |
| Knights of Columbus Long/Short Equity Fund | 6.52% | Dec 1, 2019 | WRAIX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.59% | Dec 11, 2012 | WRAIX vs ASILX |
Lowest Drawdown Alternatives to WRAIX
WRAIX 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 | WRAIX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | WRAIX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | WRAIX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | WRAIX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | WRAIX vs QAMNX |
Other Mutual Funds from Wilmington Funds
Most popular Wilmington Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Wilmington Municipal Bond Fund | Municipal Bonds | 64 | -0.77% | Nov 1, 1993 | WRAIX vs WTAIX | |
| Wilmington Broad Market Bond Fund | Intermediate Core Bond | 45 | -0.64% | Jul 16, 1993 | WRAIX vs WIBMX | |
| Wilmington Large-Cap Strategy Fund | Large Cap Blend Equities | 41 | -6.95% | Jul 1, 2003 | WRAIX vs WMLIX | |
| Wilmington Real Asset Fund | Global Allocation | 83 | 10.27% | Jun 30, 2003 | WRAIX vs WMRIX |
Often Compared With WRAIX
What investors most often compare with WRAIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Easterly Snow Capital Long/Short Opportunity Fund | Long-Short | 80 | 4.60% | Apr 27, 2006 | WRAIX vs SNOIX |
Compare WRAIX with Any Fund or Stock
Compare WRAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.