AQR MS Fusion HV Fund Fund Class N (QHFNX) 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 QHFNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QHFNX
QHFNX charges 6.94% annually. There are 53 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 | QHFNX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QHFNX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QHFNX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QHFNX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | QHFNX vs JAAAX |
Best Risk-Adjusted Alternatives to QHFNX
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 | QHFNX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QHFNX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QHFNX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QHFNX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | QHFNX vs ADANX |
Top Performing QHFNX Alternatives (YTD)
QHFNX is at -1.02% YTD. There are 52 mutual funds in the Multistrategy category with higher YTD returns, going as high as 17.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 17.10% | — | Sep 2017 | QHFNX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 17.03% | — | Sep 2017 | QHFNX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 16.94% | — | Sep 2017 | QHFNX vs QRPNX | |
| AQR Style Premia Alternative R6 | 12.40% | — | Sep 2014 | QHFNX vs QSPRX | |
| AQR Style Premia Alternative Fund | 12.37% | — | Oct 2013 | QHFNX vs QSPIX |
Lowest Volatility Alternatives to QHFNX
QHFNX has 17.18% 1-year volatility. There are 50 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.24% | — | Aug 2017 | QHFNX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.42% | — | Jan 2009 | QHFNX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 1.42% | — | Jan 2009 | QHFNX vs ADANX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 1.67% | — | Feb 2018 | QHFNX vs TMSRX | |
| Strategic Advisers Alternatives Fund | 2.18% | — | Jul 2022 | QHFNX vs FSLTX |
Lowest Drawdown Alternatives to QHFNX
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 | QHFNX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | QHFNX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | QHFNX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QHFNX vs SRRIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | -0.83% | — | Feb 2018 | QHFNX vs TMSRX |
Other Mutual Funds from AQR
The 10 most viewed AQR mutual funds shown here include QCFNX, QSPNX, QCFIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR CVX Fusion Fund Class N | Systematic Trend | — | 12.80% | — | Jun 2025 | QHFNX vs QCFNX | |
| AQR Style Premia Alternative Fund Class N | Multistrategy | 53 | 12.31% | — | Oct 2013 | QHFNX vs QSPNX | |
| AQR CVX Fusion Fund Class I | Systematic Trend | — | 12.88% | — | Jun 2025 | QHFNX vs QCFIX | |
| AQR Managed Futures Strategy HV Fund Class N | Systematic Trend | 83 | 13.32% | — | Jul 2013 | QHFNX vs QMHNX | |
| AQR LSE Fusion Fund Class I | Long-Short | — | -3.99% | — | Jun 2025 | QHFNX vs QLFIX | |
| AQR MS Fusion HV Fund Fund Class I | Multistrategy | — | -0.85% | — | Jun 2025 | QHFNX vs QHFIX | |
| AQR LSE Fusion Fund Class N | Long-Short | — | -4.08% | — | Jun 2025 | QHFNX vs QLFNX | |
| AQR MS Fusion Fund Class R6 | Multistrategy | — | 6.63% | — | Jun 2025 | QHFNX vs QMFRX | |
| AQR MS Fusion HV Fund Class R6 | Multistrategy | — | -0.76% | — | Jun 2025 | QHFNX vs QHFRX | |
| AQR MS Fusion Fund Class N | Multistrategy | — | 6.46% | — | Jun 2025 | QHFNX vs QMFNX |
Often Compared With QHFNX
Investors most often compare QHFNX with AQRNX, QLEIX, ARCNX. These 14 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare QHFNX with Any Fund or Stock
Compare QHFNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QHFNX with funds that move differently
AQR MS Fusion HV Fund Fund Class N alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QHFNX.
Explore QHFNX Diversifiers