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 | GDL Fund | 62% | — | — |
| 2 | Nexpoint Merger Arbitrage Fund · HMEAX, HMECX, HMEZX diff. adviser | 41% | 1.90% | NexPoint Asset Management, L.P. |
| 3 | AltShares Event-Driven ETF · EVNT diff. adviser | 39% | 1.33% | Water Island Capital, LLC |
| 4 | Water Island Event-Driven Fund · AEDFX, AEDNX, AGEAX diff. adviser | 37% | 1.46% | Water Island Capital, LLC |
| 5 | First Trust Merger Arbitrage Fund · VARAX, VARBX, VARCX | 37% | 1.75% | — |
| 6 | AltShares Merger Arbitrage ETF · ARB diff. adviser | 36% | 0.76% | Water Island Capital, LLC |
| 7 | THE ARBITRAGE FUND · ARBFX, ARBNX, ARBCX, ARGAX diff. adviser | 36% | 1.46% | Water Island Capital, LLC |
| 8 | NYLI Merger Arbitrage ETF · MNA diff. adviser | 30% | 0.77% | New York Life Investment Management LLC |
| 9 | ProShares Merger ETF · MRGR diff. adviser | 30% | 0.75% | PROSHARE ADVISORS LLC |
| 10 | The Merger Fund · MERFX, MERIX diff. adviser | 27% | 1.27% | Virtus Investment Advisers, LLC |
| 11 | Fidelity SAI Merger Arbitrage Fund · FMADX | 26% | 1.10% | — |
| 12 | Multi-Hedge Strategies Fund · RYMSX, RYMQX, RYMRX, RYIMX diff. adviser | 26% | 1.81% | Security Investors, LLC |
| 13 | Multi-Hedge Strategies Fund diff. adviser | 25% | 1.82% | Security Investors, LLC |
| 14 | Enterprise Mergers and Acquisitions Fund · EMAAX, EMACX, EMAYX, EAAAX | 25% | 1.00% | Gabelli Funds, LLC |
| 15 | The Merger Fund VL · MERVX diff. adviser | 24% | 1.54% | Virtus Investment Advisers, LLC |
| 16 | NexPoint Event Driven Fund · HHCAX, HHCCX, HHCZX diff. adviser | 23% | 2.30% | NexPoint Asset Management, L.P. |
| 17 | Dunham Monthly Distribution Fund · DAMDX, DCMDX, DNMDX diff. adviser | 21% | 2.03% | Dunham & Associates Investment Counsel, Inc. |
| 18 | The Gabelli ABC Fund · GABCX, GADVX | 21% | 0.87% | Gabelli Funds, LLC |
| 19 | First Trust Merger Arbitrage ETF · MARB diff. adviser | 20% | 1.69% | First Trust Advisors L.P. |
| 20 | 1290 VT GAMCO Mergers & Acquisitions Portfolio diff. adviser | 19% | 1.07% | Equitable Investment Management Group, LLC |
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