AQR Macro Opportunities Fund (QGMIX) Alternatives
AQR Macro Opportunities Fund (QGMIX) belongs to the Macro Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QGMIX. 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 QGMIX
QGMIX charges 1.20% annually. Among mutual funds in the Macro Trading category, these options have the lowest expense ratios among QGMIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 0.78% | Oct 31, 1990 | QGMIX vs CGFIX | |
| Fulcrum Diversified Absolute Return Fund | 1.04% | Jul 30, 2015 | QGMIX vs FARYX | |
| MFS Global Alternative Strategy Fund | 1.05% | Dec 19, 2007 | QGMIX vs DVRIX | |
| BlackRock Tactical Opportunities Fund | 1.08% | Dec 28, 1988 | QGMIX vs PCBAX | |
| Quantified Alternative Investment Fund | 1.33% | Aug 8, 2013 | QGMIX vs QALTX |
Best Risk-Adjusted Alternatives to QGMIX
Among mutual funds in the Macro Trading 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 | |
|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 99 | Dec 28, 2012 | QGMIX vs EGRAX | |
| Fulcrum Diversified Absolute Return Fund | 97 | Jul 30, 2015 | QGMIX vs FARYX | |
| OnTrack Core Fund | 92 | Jan 14, 2013 | QGMIX vs OTRFX | |
| Dunham Dynamic Macro Fund | 90 | Apr 28, 2010 | QGMIX vs DNAVX | |
| Quantified Alternative Investment Fund | 90 | Aug 8, 2013 | QGMIX vs QALTX |
Top Performing QGMIX Alternatives (YTD)
QGMIX alternatives from the Macro Trading category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund | 9.82% | Dec 27, 2015 | QGMIX vs MBXAX | |
| Standpoint Multi-Asset Fund Investor Class | 7.26% | Dec 30, 2019 | QGMIX vs REMIX | |
| Campbell Systematic Macro Fund Class I Shares | 7.05% | Mar 4, 2013 | QGMIX vs EBSIX | |
| Campbell Systematic Macro Fund Class A Shares | 7.03% | Mar 4, 2013 | QGMIX vs EBSAX | |
| Fulcrum Diversified Absolute Return Fund | 6.08% | Jul 30, 2015 | QGMIX vs FARYX |
Lowest Volatility Alternatives to QGMIX
QGMIX alternatives from the Macro Trading category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| abrdn Global Absolute Return Strategies Fund | 3.49% | Oct 31, 1990 | QGMIX vs CGFIX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.73% | Dec 28, 2012 | QGMIX vs EGRAX | |
| OnTrack Core Fund | 4.33% | Jan 14, 2013 | QGMIX vs OTRFX | |
| Dunham Dynamic Macro Fund | 4.40% | Apr 28, 2010 | QGMIX vs DNAVX | |
| MFS Global Alternative Strategy Fund | 4.81% | Dec 19, 2007 | QGMIX vs DVRIX |
Lowest Drawdown Alternatives to QGMIX
QGMIX alternatives from the Macro Trading category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Dunham Dynamic Macro Fund | -2.13% | Apr 28, 2010 | QGMIX vs DNAVX | |
| abrdn Global Absolute Return Strategies Fund | -2.78% | Oct 31, 1990 | QGMIX vs CGFIX | |
| OnTrack Core Fund | -3.02% | Jan 14, 2013 | QGMIX vs OTRFX | |
| Eaton Vance Global Macro Absolute Return Advantage... | -3.18% | Dec 28, 2012 | QGMIX vs EGRAX | |
| Fulcrum Diversified Absolute Return Fund | -3.26% | Jul 30, 2015 | QGMIX vs FARYX |
Other Mutual Funds from AQR Funds
Most popular AQR Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| AQR Long-Short Equity Fund | Long-Short | 94 | -2.98% | Jul 15, 2013 | QGMIX vs QLEIX | |
| AQR Long-Short Equity N | Long-Short | 94 | -3.02% | Jul 16, 2013 | QGMIX vs QLENX | |
| AQR Equity Market Neutral Fund N | Equity Market Neutral | 78 | -3.52% | Oct 7, 2014 | QGMIX vs QMNNX | |
| AQR Style Premia Alternative Fund | Multistrategy | 68 | 9.83% | Oct 29, 2013 | QGMIX vs QSPIX | |
| AQR Managed Futures Strategy Fund | Systematic Trend | 93 | 9.72% | Jan 5, 2010 | QGMIX vs AQMIX | |
| AQR Alternative Risk Premia Fund | Multistrategy | 81 | 9.02% | Sep 18, 2017 | QGMIX vs QRPIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 88 | 13.91% | Jul 15, 2013 | QGMIX vs QMHIX | |
| AQR Large Cap Momentum Style Fund | Large Cap Growth Equities | 53 | -2.67% | Jul 9, 2009 | QGMIX vs AMOMX | |
| AQR Global Equity Fund | Global Equities | 61 | -3.52% | Dec 30, 2009 | QGMIX vs AQGIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 70 | 2.01% | Sep 29, 2010 | QGMIX vs AQRIX |
Often Compared With QGMIX
What investors most often compare with QGMIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class I | Multistrategy | 99 | 0.94% | Jan 15, 2009 | QGMIX vs ADAIX | |
| JPMorgan Income Fund | Multisector Bonds | 95 | -0.17% | Jun 1, 2014 | QGMIX vs JMSIX | |
| Invesco Optimum Yield Diversified Commodity Strate... | Commodities, Actively Managed | 78 | 29.06% | Nov 7, 2014 | QGMIX vs PDBC | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | Government Bonds | 100 | 0.93% | Feb 4, 2014 | QGMIX vs USFR | |
| Dynamic Alpha Macro Fund Institutional | Macro Trading | 79 | 4.10% | Jul 31, 2023 | QGMIX vs DYMIX | |
| Unlimited HFGM Global Macro ETF | Macro Trading | — | 12.76% | Apr 14, 2025 | QGMIX vs HFGM | |
| Rational/ReSolve Adaptive Asset Allocation Fund | Macro Trading | 36 | 3.68% | Sep 29, 2016 | QGMIX vs RDMIX | |
| Grant Park Multi Alternative Strategies Fund | Macro Trading | 79 | 2.54% | Dec 30, 2013 | QGMIX vs GPAIX |
Compare QGMIX with Any Fund or Stock
Compare QGMIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.