Similar funds
Computed 2026-07-05Funds whose latest portfolio most overlaps this one — the share of this fund's holdings each peer reproduces, by weight. Click an overlap score for the side-by-side comparison.
| # | Fund | Overlap | Net exp. | Adviser |
|---|---|---|---|---|
| 1 | AltShares Event-Driven ETF · EVNT cheaper | 74% | 1.33% | Water Island Capital, LLC |
| 2 | THE ARBITRAGE FUND · ARBFX, ARBNX, ARBCX, ARGAX | 71% | 1.46% | Water Island Capital, LLC |
| 3 | AltShares Merger Arbitrage ETF · ARB cheaper | 44% | 0.76% | Water Island Capital, LLC |
| 4 | ProShares Merger ETF · MRGR cheaper diff. adviser | 42% | 0.75% | PROSHARE ADVISORS LLC |
| 5 | Comstock Capital Value Fund · DRCVX, CPCCX, CPCRX, COMVX cheaper diff. adviser | 37% | 0.01% | Gabelli Funds, LLC |
| 6 | GDL Fund | 34% | — | — |
| 7 | Fidelity SAI Merger Arbitrage Fund · FMADX cheaper | 30% | 1.10% | — |
| 8 | NYLI Merger Arbitrage ETF · MNA cheaper diff. adviser | 30% | 0.77% | New York Life Investment Management LLC |
| 9 | The Merger Fund · MERFX, MERIX cheaper diff. adviser | 28% | 1.27% | Virtus Investment Advisers, LLC |
| 10 | Dunham Monthly Distribution Fund · DAMDX, DCMDX, DNMDX diff. adviser | 26% | 2.03% | Dunham & Associates Investment Counsel, Inc. |
| 11 | The Merger Fund VL · MERVX diff. adviser | 26% | 1.54% | Virtus Investment Advisers, LLC |
| 12 | Nexpoint Merger Arbitrage Fund · HMEAX, HMECX, HMEZX diff. adviser | 25% | 1.90% | NexPoint Asset Management, L.P. |
| 13 | First Trust Merger Arbitrage Fund · VARAX, VARBX, VARCX | 25% | 1.75% | — |
| 14 | BlackRock Event Driven Equity Fund cheaper diff. adviser | 24% | 1.29% | BlackRock Advisors, LLC |
| 15 | WATER ISLAND CREDIT OPPORTUNITIES FUND · ARCFX, ACFIX, AGCAX cheaper | 20% | 1.01% | Water Island Capital, LLC |
| 16 | JNL/Westchester Capital Event Driven Fund diff. adviser | 19% | 1.65% | Jackson National Asset Management, LLC |
| 17 | Multi-Hedge Strategies Fund · RYMSX, RYMQX, RYMRX, RYIMX diff. adviser | 18% | 1.81% | Security Investors, LLC |
| 18 | Virtus Westchester Event-Driven Fund · WCERX, WCEIX diff. adviser | 18% | 1.60% | Virtus Investment Advisers, LLC |
| 19 | Multi-Hedge Strategies Fund diff. adviser | 17% | 1.82% | Security Investors, LLC |
| 20 | NexPoint Event Driven Fund · HHCAX, HHCCX, HHCZX diff. adviser | 16% | 2.30% | NexPoint Asset Management, L.P. |
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