AQR Managed Futures Strategy Fund Class N (AQMNX) belongs to the Systematic Trend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AQMNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AQMNX
AQMNX charges 2.97% annually. There are 27 mutual funds in the Systematic Trend category with lower expense ratios, going as low as 1.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund | 1.25% | — | Jan 2010 | AQMNX vs AQMIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | AQMNX vs CSAIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | AQMNX vs RWSIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | AQMNX vs GFIRX | |
| Altegris Futures Evolution Strategy Fund | 1.34% | — | Oct 2011 | AQMNX vs EVOIX |
Best Risk-Adjusted Alternatives to AQMNX
AQMNX has a PortfoliosLab risk / return rank of 91. There are 3 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 94 | — | Jun 2014 | AQMNX vs LOTIX | |
| AQR Trend Total Return Fund | 93 | — | Dec 2021 | AQMNX vs QNZNX | |
| AQR Managed Futures Strategy Fund | 91 | — | Jan 2010 | AQMNX vs AQMIX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 88 | — | Aug 2014 | AQMNX vs AHLIX | |
| American Beacon AHL Managed Futures Strategy Fund | 88 | — | Aug 2014 | AQMNX vs AHLPX |
Top Performing AQMNX Alternatives (YTD)
AQMNX is at 9.81% YTD. There are 12 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 22.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 22.25% | — | Jun 2014 | AQMNX vs LOTIX | |
| AQR CVX Fusion Fund Class R6 | 15.48% | — | Jun 2025 | AQMNX vs QCFRX | |
| AQR CVX Fusion Fund Class I | 15.41% | — | Jun 2025 | AQMNX vs QCFIX | |
| AQR CVX Fusion Fund Class N | 15.24% | — | Jun 2025 | AQMNX vs QCFNX | |
| AQR Trend Total Return Fund | 14.04% | — | Dec 2021 | AQMNX vs QNZNX |
Lowest Volatility Alternatives to AQMNX
AQMNX has 9.15% 1-year volatility. There are 9 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | 5.70% | — | Mar 2011 | AQMNX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 5.94% | — | Dec 2011 | AQMNX vs LCSIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.86% | — | Aug 2014 | AQMNX vs ABYAX | |
| Abbey Capital Futures Strategy Fund Class I | 7.87% | — | Jul 2014 | AQMNX vs ABYIX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | 8.18% | — | Feb 2012 | AQMNX vs GMSAX |
Lowest Drawdown Alternatives to AQMNX
AQMNX has a 1-year max drawdown of -5.11%. There are 12 mutual funds in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -2.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | -2.53% | — | Mar 2011 | AQMNX vs LFMAX | |
| Abbey Capital Futures Strategy Fund Class I | -3.33% | — | Jul 2014 | AQMNX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | -3.36% | — | Aug 2014 | AQMNX vs ABYAX | |
| PIMCO TRENDS Managed Futures Strategy Fund Institu... | -4.63% | — | Jan 2014 | AQMNX vs PQTIX | |
| PIMCO TRENDS Managed Futures Strategy Fund Class A | -4.66% | — | Dec 2013 | AQMNX vs PQTAX |
Other Mutual Funds from AQR Funds
The 10 most viewed AQR Funds mutual funds shown here include QLEIX, QLENX, QMNNX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Long-Short Equity Fund | Long-Short | 61 | -1.65% | — | Jul 2013 | AQMNX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 58 | -1.80% | — | Jul 2013 | AQMNX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 7 | -8.36% | — | Oct 2014 | AQMNX vs QMNNX | |
| AQR Alternative Risk Premia Fund | Multistrategy | 97 | 17.69% | — | Sep 2017 | AQMNX vs QRPIX | |
| AQR Style Premia Alternative Fund | Multistrategy | 78 | 12.37% | — | Oct 2013 | AQMNX vs QSPIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 85 | 12.18% | — | Jul 2013 | AQMNX vs QMHIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 73 | 8.96% | — | Sep 2010 | AQMNX vs AQRIX | |
| AQR Global Equity Fund | Global Equities | 77 | 12.78% | — | Dec 2009 | AQMNX vs AQGIX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 91 | 4.37% | — | Jun 2020 | AQMNX vs QDSNX | |
| AQR Risk-Balanced Commodities Strategy Fund | Commodities | 60 | 13.48% | — | Jul 2012 | AQMNX vs ARCIX |
Often Compared With AQMNX
Investors most often compare AQMNX with SPY, DBMF, MFTFX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare AQMNX with Any Fund or Stock
Compare AQMNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AQMNX with funds that move differently
AQR Managed Futures Strategy Fund Class N alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AQMNX.
Explore AQMNX Diversifiers