AQR Multi-Asset Fund Class N (AQRNX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AQRNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AQRNX
AQRNX charges 1.31% annually. There are 486 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | AQRNX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | AQRNX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | AQRNX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | AQRNX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | AQRNX vs BWBIX |
Best Risk-Adjusted Alternatives to AQRNX
AQRNX has a PortfoliosLab risk / return rank of 75. There are 106 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | AQRNX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | AQRNX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | AQRNX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 93 | — | Sep 2003 | AQRNX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | AQRNX vs AYBLX |
Top Performing AQRNX Alternatives (YTD)
AQRNX is at 8.92% YTD. There are 135 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.90% | — | Jan 1998 | AQRNX vs EKBAX | |
| Greenspring Fund | 19.62% | — | Jun 1983 | AQRNX vs GRSPX | |
| ICON Equity Income Fund | 18.26% | — | May 2004 | AQRNX vs IOEZX | |
| MH Elite Small Cap Fund of Funds Fund | 18.12% | — | Aug 1998 | AQRNX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 16.39% | — | Dec 2002 | AQRNX vs TIBIX |
Lowest Volatility Alternatives to AQRNX
AQRNX has 10.19% 1-year volatility. There are 387 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | AQRNX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | AQRNX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | AQRNX vs SCLAX | |
| Ave Maria Bond Fund | 2.98% | — | Apr 2003 | AQRNX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | AQRNX vs CSTAX |
Lowest Drawdown Alternatives to AQRNX
AQRNX has a 1-year max drawdown of -7.43%. There are 392 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | AQRNX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | AQRNX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | AQRNX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | AQRNX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | AQRNX vs CSTAX |
Other Mutual Funds from AQR
The 10 most viewed AQR mutual funds shown here include QRPNX, QCFNX, QSPNX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Alternative Risk Premia Fund Class N | Multistrategy | 97 | 18.11% | — | Sep 2017 | AQRNX vs QRPNX | |
| AQR CVX Fusion Fund Class N | Systematic Trend | — | 15.15% | — | Jun 2025 | AQRNX vs QCFNX | |
| AQR Style Premia Alternative Fund Class N | Multistrategy | 80 | 13.01% | — | Oct 2013 | AQRNX vs QSPNX | |
| AQR Managed Futures Strategy HV Fund Class N | Systematic Trend | 85 | 13.22% | — | Jul 2013 | AQRNX vs QMHNX | |
| AQR Style Premia Alternative R6 | Multistrategy | 82 | 13.09% | — | Sep 2014 | AQRNX vs QSPRX | |
| AQR CVX Fusion Fund Class I | Systematic Trend | — | 15.41% | — | Jun 2025 | AQRNX vs QCFIX | |
| AQR Alternative Risk Premia R6 | Multistrategy | 98 | 18.33% | — | Sep 2017 | AQRNX vs QRPRX | |
| AQR LSE Fusion Fund Class I | Long-Short | — | -3.16% | — | Jun 2025 | AQRNX vs QLFIX | |
| AQR MS Fusion HV Fund Fund Class I | Multistrategy | — | -1.44% | — | Jun 2025 | AQRNX vs QHFIX | |
| AQR LSE Fusion Fund Class N | Long-Short | — | -3.24% | — | Jun 2025 | AQRNX vs QLFNX |
Often Compared With AQRNX
Investors most often compare AQRNX with QHFNX, QHFRX, QMFRX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare AQRNX with Any Fund or Stock
Compare AQRNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AQRNX with funds that move differently
AQR Multi-Asset Fund Class N alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AQRNX.
Explore AQRNX Diversifiers