Federated Hermes MDT Market Neutral A (QAMNX) Alternatives
Federated Hermes MDT Market Neutral A (QAMNX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QAMNX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to QAMNX
QAMNX charges 1.86% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among QAMNX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | QAMNX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | QAMNX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | QAMNX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | QAMNX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | QAMNX vs BTPIX |
Best Risk-Adjusted Alternatives to QAMNX
Among mutual funds in the Long-Short category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 96 | Dec 20, 2012 | QAMNX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | QAMNX vs QLEIX | |
| AQR Long-Short Equity N | 93 | Jul 16, 2013 | QAMNX vs QLENX | |
| Vanguard Market Neutral Fund Institutional Shares | 93 | Oct 19, 1998 | QAMNX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 93 | Nov 16, 1998 | QAMNX vs BPLEX |
Top Performing QAMNX Alternatives (YTD)
QAMNX alternatives from the Long-Short category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Guggenheim Alpha Opportunity Fund | 10.14% | Jul 6, 2003 | QAMNX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | Dec 3, 2014 | QAMNX vs PWLIX | |
| Vanguard Market Neutral Fund Institutional Shares | 6.12% | Oct 19, 1998 | QAMNX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 6.09% | Nov 11, 1998 | QAMNX vs VMNFX | |
| Invenomic Fund Institutional Class | 6.05% | Jun 19, 2017 | QAMNX vs BIVIX |
Lowest Volatility Alternatives to QAMNX
QAMNX alternatives from the Long-Short category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| MFS Managed Wealth Fund | 5.68% | Jun 26, 2014 | QAMNX vs MNWIX | |
| Neuberger Berman Long Short Fund | 6.34% | Dec 28, 2011 | QAMNX vs NLSIX | |
| Knights of Columbus Long/Short Equity Fund | 6.52% | Dec 1, 2019 | QAMNX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.59% | Dec 11, 2012 | QAMNX vs ASILX | |
| BlackRock Global Long/Short Equity Fund Class I | 6.91% | Dec 20, 2012 | QAMNX vs BDMIX |
Lowest Drawdown Alternatives to QAMNX
QAMNX alternatives from the Long-Short category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -3.50% | Dec 1, 2019 | QAMNX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | QAMNX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | QAMNX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | QAMNX vs GTAPX | |
| Neuberger Berman Long Short Fund | -4.39% | Dec 28, 2011 | QAMNX vs NLSIX |
Other Mutual Funds from Federated
Most popular Federated mutual funds on PortfoliosLab, across asset classes.
Often Compared With QAMNX
What investors most often compare with QAMNX, based on PortfoliosLab usage data.
Compare QAMNX with Any Fund or Stock
Compare QAMNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.