WisdomTree Efficient Long/Short US Equity Fund (WTLS) 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 WTLS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WTLS
WTLS charges 0.88% annually. There are 2 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | WTLS vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | WTLS vs MNWIX | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | WTLS vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | WTLS vs BTPIX | |
| Hussman Strategic Growth Fund | 1.15% | — | Jul 2000 | WTLS vs HSGFX |
Best Risk-Adjusted Alternatives to WTLS
Among 50 mutual funds in the Long-Short category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 94 | — | Dec 2012 | WTLS vs BDMIX | |
| Boston Partners Long/Short Equity Fund | 94 | — | Nov 1998 | WTLS vs BPLEX | |
| Persimmon Long/Short Fund | 88 | — | Dec 2012 | WTLS vs LSEIX | |
| Vanguard Market Neutral Fund Institutional Shares | 86 | — | Oct 1998 | WTLS vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 86 | 561.90M | Nov 1998 | WTLS vs VMNFX |
Top Performing WTLS Alternatives (YTD)
Among 53 mutual funds in the Long-Short category with YTD return data, the top-performing alternatives shown here go as high as 14.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ACM Dynamic Opportunity Fund | 14.62% | — | Jan 2015 | WTLS vs ADOIX | |
| Vanguard Market Neutral Fund Investor Shares | 14.03% | 561.90M | Nov 1998 | WTLS vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 14.03% | — | Oct 1998 | WTLS vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 13.95% | — | Nov 1998 | WTLS vs BPLEX | |
| Longboard Alternative Growth Fund | 12.82% | — | Mar 2015 | WTLS vs LONGX |
Lowest Volatility Alternatives to WTLS
WTLS has 19.31% 1-year volatility. There are 50 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.31% | — | Dec 2011 | WTLS vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.60% | — | Dec 2012 | WTLS vs ASILX | |
| MFS Managed Wealth Fund | 5.88% | — | Jun 2014 | WTLS vs MNWIX | |
| Knights of Columbus Long/Short Equity Fund | 6.11% | — | Dec 2019 | WTLS vs KCEIX | |
| Wilmington Global Alpha Equities Fund | 6.17% | — | Jan 2012 | WTLS vs WRAIX |
Lowest Drawdown Alternatives to WTLS
Among 50 mutual funds in the Long-Short category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -2.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -2.82% | — | Dec 2019 | WTLS vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | WTLS vs GTAPX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.24% | — | Dec 2012 | WTLS vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | WTLS vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | WTLS vs GARIX |
Other Mutual Funds from WisdomTree
The 1 most viewed WisdomTree mutual funds shown here include PUTW and span 2 categories. AUM among these funds goes as high as $237M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | Derivative Income, S&P 500 | 43 | 3.13% | 236.88M | Feb 2016 | WTLS vs PUTW |
Often Compared With WTLS
Investors most often compare WTLS with BIVIX, BGX, SAOAX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare WTLS with Any Fund or Stock
Compare WTLS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WTLS with funds that move differently
WisdomTree Efficient Long/Short US Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WTLS.
Explore WTLS Diversifiers