AQR Diversified Arbitrage Fund Class N (ADANX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ADANX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ADANX
ADANX charges 2.12% annually. There are 39 mutual funds in the Multistrategy category with lower expense ratios, going as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | — | Dec 2015 | ADANX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | ADANX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | ADANX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | ADANX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | ADANX vs JAAAX |
Best Risk-Adjusted Alternatives to ADANX
ADANX has a PortfoliosLab risk / return rank of 99. There are 3 mutual funds in the Multistrategy category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | ADANX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | ADANX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | ADANX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | ADANX vs ADAIX | |
| Blackstone Alternative Multi-Strategy Fund | 99 | — | Jun 2014 | ADANX vs BXMIX |
Top Performing ADANX Alternatives (YTD)
ADANX is at 3.43% YTD. There are 35 mutual funds in the Multistrategy category with higher YTD returns, going as high as 17.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 17.68% | — | Sep 2017 | ADANX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 17.54% | — | Sep 2017 | ADANX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 17.45% | — | Sep 2017 | ADANX vs QRPNX | |
| AQR Style Premia Alternative R6 | 12.28% | — | Sep 2014 | ADANX vs QSPRX | |
| AQR Style Premia Alternative Fund | 12.25% | — | Oct 2013 | ADANX vs QSPIX |
Lowest Volatility Alternatives to ADANX
ADANX has 1.45% 1-year volatility. There is 1 mutual fund in the Multistrategy category with lower 1-year volatility, going as low as 1.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.22% | — | Aug 2017 | ADANX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.46% | — | Jan 2009 | ADANX vs ADAIX | |
| Morningstar Alternatives Fund | 2.32% | — | Nov 2018 | ADANX vs MSTVX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.36% | — | Feb 2013 | ADANX vs SHRIX | |
| Strategic Advisers Alternatives Fund | 2.37% | — | Jul 2022 | ADANX vs FSLTX |
Lowest Drawdown Alternatives to ADANX
ADANX has a 1-year max drawdown of -0.39%. No mutual funds in the Multistrategy category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.46%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | ADANX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | ADANX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | ADANX vs SRRIX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | ADANX vs FSLTX | |
| FS Credit Income Fund Class I | -0.90% | — | Nov 2017 | ADANX vs FCRIX |
Other Mutual Funds from AQR Funds
The 10 most viewed AQR Funds mutual funds shown here include QLEIX, QLENX, QMNNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Long-Short Equity Fund | Long-Short | 65 | -1.42% | — | Jul 2013 | ADANX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 62 | -1.56% | — | Jul 2013 | ADANX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 8 | -7.87% | — | Oct 2014 | ADANX vs QMNNX | |
| AQR Managed Futures Strategy Fund | Systematic Trend | 92 | 10.66% | — | Jan 2010 | ADANX vs AQMIX | |
| AQR Trend Total Return Fund | Systematic Trend | 93 | 14.10% | — | Dec 2021 | ADANX vs QNZNX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 86 | 13.10% | — | Jul 2013 | ADANX vs QMHIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 74 | 8.54% | — | Sep 2010 | ADANX vs AQRIX | |
| AQR Global Equity Fund | Global Equities | 78 | 12.29% | — | Dec 2009 | ADANX vs AQGIX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 92 | 4.44% | — | Jun 2020 | ADANX vs QDSNX | |
| AQR Risk-Balanced Commodities Strategy Fund | Commodities | 58 | 13.81% | — | Jul 2012 | ADANX vs ARCIX |
Often Compared With ADANX
Investors most often compare ADANX with TMSRX, CSQIX, GFSYX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare ADANX with Any Fund or Stock
Compare ADANX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ADANX with funds that move differently
AQR Diversified Arbitrage Fund Class N alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ADANX.
Explore ADANX Diversifiers