VARAX
First Trust Merger Arbitrage Fund
INVESTMENT MANAGERS SERIES TRUST II

Similar funds

Computed 2026-07-05

Funds 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.

#FundOverlapNet exp.Adviser
1 Comstock Capital Value Fund · DRCVX, CPCCX, CPCRX, COMVX cheaper 37% 0.01% Gabelli Funds, LLC
2 Nexpoint Merger Arbitrage Fund · HMEAX, HMECX, HMEZX 36% 1.90% NexPoint Asset Management, L.P.
3 GDL Fund 31%
4 AltShares Event-Driven ETF · EVNT cheaper 26% 1.33% Water Island Capital, LLC
5 Water Island Event-Driven Fund · AEDFX, AEDNX, AGEAX cheaper 25% 1.46% Water Island Capital, LLC
6 AltShares Merger Arbitrage ETF · ARB cheaper 24% 0.76% Water Island Capital, LLC
7 ProShares Merger ETF · MRGR cheaper 24% 0.75% PROSHARE ADVISORS LLC
8 THE ARBITRAGE FUND · ARBFX, ARBNX, ARBCX, ARGAX cheaper 24% 1.46% Water Island Capital, LLC
9 Fidelity SAI Merger Arbitrage Fund · FMADX cheaper 20% 1.10%
10 The Merger Fund VL · MERVX cheaper 19% 1.54% Virtus Investment Advisers, LLC
11 The Merger Fund · MERFX, MERIX cheaper 18% 1.27% Virtus Investment Advisers, LLC
12 First Trust Merger Arbitrage ETF · MARB cheaper 17% 1.69% First Trust Advisors L.P.
13 First Trust Multi-Strategy Fund · FTMAX, FTMIX, FTMCX cheaper 17% 1.60%
14 NYLI Merger Arbitrage ETF · MNA cheaper 17% 0.77% New York Life Investment Management LLC
15 BlackRock Event Driven Equity Fund cheaper 16% 1.29% BlackRock Advisors, LLC
16 Multi-Hedge Strategies Fund · RYMSX, RYMQX, RYMRX, RYIMX 15% 1.81% Security Investors, LLC
17 Rivernorth Enhanced Pre-Merger SPAC ETF · SPCZ cheaper 15% 0.90% TrueMark Investments, LLC
18 Multi-Hedge Strategies Fund 15% 1.82% Security Investors, LLC
19 RiverNorth Opportunities Fund Inc. 14%
20 Dunham Monthly Distribution Fund · DAMDX, DCMDX, DNMDX 14% 2.03% Dunham & Associates Investment Counsel, Inc.

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