AQR MS Fusion HV Fund Class R6 (QHFRX) 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 QHFRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QHFRX
QHFRX charges 6.59% annually. There are 50 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 | QHFRX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QHFRX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QHFRX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QHFRX vs GAAVX | |
| Allspring Alternative Risk Premia Fund | 0.72% | — | Jan 2019 | QHFRX vs WRPIX |
Best Risk-Adjusted Alternatives to QHFRX
Among 46 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 | QHFRX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QHFRX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QHFRX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QHFRX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | QHFRX vs ADANX |
Top Performing QHFRX Alternatives (YTD)
QHFRX is at 3.72% YTD. There are 36 mutual funds in the Multistrategy category with higher YTD returns, going as high as 18.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 18.99% | — | Sep 2017 | QHFRX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 18.92% | — | Sep 2017 | QHFRX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 18.84% | — | Sep 2017 | QHFRX vs QRPNX | |
| Abbey Capital Multi Asset Fund Class I | 13.53% | — | Apr 2018 | QHFRX vs MAFIX | |
| AQR Style Premia Alternative R6 | 12.86% | — | Sep 2014 | QHFRX vs QSPRX |
Lowest Volatility Alternatives to QHFRX
QHFRX has 16.40% 1-year volatility. There are 50 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 | QHFRX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.40% | — | Jan 2009 | QHFRX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 1.43% | — | Jan 2009 | QHFRX vs ADANX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 1.43% | — | Feb 2018 | QHFRX vs TALTX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 1.70% | — | Feb 2018 | QHFRX vs TMSRX |
Lowest Drawdown Alternatives to QHFRX
Among 46 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 | QHFRX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | QHFRX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | QHFRX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QHFRX vs SRRIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | -0.83% | — | Feb 2018 | QHFRX 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 | — | 18.49% | — | Jun 2025 | QHFRX vs QCFNX | |
| AQR Style Premia Alternative Fund Class N | Multistrategy | 49 | 12.78% | — | Oct 2013 | QHFRX vs QSPNX | |
| AQR CVX Fusion Fund Class I | Systematic Trend | — | 18.65% | — | Jun 2025 | QHFRX vs QCFIX | |
| AQR Managed Futures Strategy HV Fund Class N | Systematic Trend | 82 | 17.66% | — | Jul 2013 | QHFRX vs QMHNX | |
| AQR MS Fusion HV Fund Fund Class I | Multistrategy | — | 3.72% | — | Jun 2025 | QHFRX vs QHFIX | |
| AQR LSE Fusion Fund Class I | Long-Short | — | 0.50% | — | Jun 2025 | QHFRX vs QLFIX | |
| AQR LSE Fusion Fund Class N | Long-Short | — | 0.50% | — | Jun 2025 | QHFRX vs QLFNX | |
| AQR MS Fusion Fund Class R6 | Multistrategy | — | 11.68% | — | Jun 2025 | QHFRX vs QMFRX | |
| AQR MS Fusion HV Fund Fund Class N | Multistrategy | — | 3.55% | — | Jun 2025 | QHFRX vs QHFNX | |
| AQR CVX Fusion Fund Class R6 | Systematic Trend | — | 18.63% | — | Jun 2025 | QHFRX vs QCFRX |
Often Compared With QHFRX
Investors most often compare QHFRX with ARCNX, AQRNX, QMFIX. These 11 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Risk-Balanced Commodities Strategy Fund Class ... | Commodities | 81 | 21.46% | — | — | QHFRX vs ARCNX | |
| AQR Multi-Asset Fund Class N | Diversified Portfolio | 67 | 10.68% | — | Sep 2010 | QHFRX vs AQRNX | |
| AQR MS Fusion Fund Class I | Multistrategy | — | 11.51% | — | Jun 2025 | QHFRX vs QMFIX | |
| AQR LSE Fusion Fund Class R6 | Long-Short | — | 0.58% | — | Jun 2025 | QHFRX vs QLFRX | |
| AQR MS Fusion Fund Class N | Multistrategy | — | 11.43% | — | Jun 2025 | QHFRX vs QMFNX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | Multistrategy | 98 | 1.46% | — | Feb 2013 | QHFRX vs SHRIX | |
| FS Credit Income Fund Class I | Multistrategy | 96 | 2.90% | — | Nov 2017 | QHFRX vs FCRIX | |
| AQR Style Premia Alternative Fund | Multistrategy | 50 | 12.83% | — | Oct 2013 | QHFRX vs QSPIX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 95 | 6.37% | — | Jan 2009 | QHFRX vs JAAAX | |
| 1290 Multi-Alternative Strategies Fund | Multistrategy | 89 | 10.73% | — | Jul 2015 | QHFRX vs TNMIX | |
| AlphaCentric Symmetry Strategy Fund Class I | Multistrategy | 65 | 11.00% | — | Aug 2019 | QHFRX vs SYMIX |
Compare QHFRX with Any Fund or Stock
Compare QHFRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QHFRX with funds that move differently
AQR MS Fusion HV Fund Class R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QHFRX.
Explore QHFRX Diversifiers