AQR MS Fusion HV Fund Fund Class I (QHFIX) 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 QHFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QHFIX
QHFIX charges 6.69% annually. There are 52 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 | QHFIX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QHFIX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QHFIX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QHFIX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | QHFIX vs JAAAX |
Best Risk-Adjusted Alternatives to QHFIX
Among 47 mutual funds in the Multistrategy category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | QHFIX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QHFIX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QHFIX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QHFIX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | QHFIX vs ADANX |
Top Performing QHFIX Alternatives (YTD)
QHFIX is at -2.11% YTD. There are 51 mutual funds in the Multistrategy category with higher YTD returns, going as high as 18.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 18.70% | — | Sep 2017 | QHFIX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 18.56% | — | Sep 2017 | QHFIX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 18.48% | — | Sep 2017 | QHFIX vs QRPNX | |
| AQR Style Premia Alternative R6 | 13.20% | — | Sep 2014 | QHFIX vs QSPRX | |
| AQR Style Premia Alternative Fund | 13.18% | — | Oct 2013 | QHFIX vs QSPIX |
Lowest Volatility Alternatives to QHFIX
QHFIX has 17.30% 1-year volatility. There are 52 mutual funds 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 | QHFIX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.45% | — | Jan 2009 | QHFIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.46% | — | Jan 2009 | QHFIX vs ADAIX | |
| Strategic Advisers Alternatives Fund | 2.23% | — | Jul 2022 | QHFIX vs FSLTX | |
| Morningstar Alternatives Fund | 2.32% | — | Nov 2018 | QHFIX vs MSTVX |
Lowest Drawdown Alternatives to QHFIX
Among 47 mutual funds in the Multistrategy category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class N | -0.39% | — | Jan 2009 | QHFIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | QHFIX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | QHFIX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QHFIX vs SRRIX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | QHFIX vs FSLTX |
Other Mutual Funds from AQR
The 10 most viewed AQR mutual funds shown here include QCFNX, QSPNX, QMHNX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR CVX Fusion Fund Class N | Systematic Trend | — | 15.24% | — | Jun 2025 | QHFIX vs QCFNX | |
| AQR Style Premia Alternative Fund Class N | Multistrategy | 82 | 13.01% | — | Oct 2013 | QHFIX vs QSPNX | |
| AQR Managed Futures Strategy HV Fund Class N | Systematic Trend | 83 | 12.51% | — | Jul 2013 | QHFIX vs QMHNX | |
| AQR CVX Fusion Fund Class I | Systematic Trend | — | 15.50% | — | Jun 2025 | QHFIX vs QCFIX | |
| AQR LSE Fusion Fund Class I | Long-Short | — | -3.49% | — | Jun 2025 | QHFIX vs QLFIX | |
| AQR LSE Fusion Fund Class N | Long-Short | — | -3.58% | — | Jun 2025 | QHFIX vs QLFNX | |
| AQR MS Fusion HV Fund Class R6 | Multistrategy | — | -2.03% | — | Jun 2025 | QHFIX vs QHFRX | |
| AQR MS Fusion Fund Class R6 | Multistrategy | — | 7.06% | — | Jun 2025 | QHFIX vs QMFRX | |
| AQR MS Fusion HV Fund Fund Class N | Multistrategy | — | -2.20% | — | Jun 2025 | QHFIX vs QHFNX | |
| AQR Multi-Asset Fund Class N | Diversified Portfolio | 75 | 9.08% | — | Sep 2010 | QHFIX vs AQRNX |
Often Compared With QHFIX
Investors most often compare QHFIX with QMFNX, QMFIX, QCFRX. These 14 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare QHFIX with Any Fund or Stock
Compare QHFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QHFIX with funds that move differently
AQR MS Fusion HV Fund Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QHFIX.
Explore QHFIX Diversifiers