AQR MS Fusion Fund Class I (QMFIX) 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 QMFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QMFIX
QMFIX charges 3.55% annually. There are 44 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 | QMFIX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QMFIX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QMFIX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QMFIX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | QMFIX vs JAAAX |
Best Risk-Adjusted Alternatives to QMFIX
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 | QMFIX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QMFIX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QMFIX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QMFIX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | QMFIX vs ADANX |
Top Performing QMFIX Alternatives (YTD)
QMFIX is at 11.51% YTD. There are 8 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 | QMFIX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 18.92% | — | Sep 2017 | QMFIX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 18.84% | — | Sep 2017 | QMFIX vs QRPNX | |
| Abbey Capital Multi Asset Fund Class I | 13.53% | — | Apr 2018 | QMFIX vs MAFIX | |
| AQR Style Premia Alternative R6 | 12.86% | — | Sep 2014 | QMFIX vs QSPRX |
Lowest Volatility Alternatives to QMFIX
QMFIX has 14.32% 1-year volatility. There are 47 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 | QMFIX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.40% | — | Jan 2009 | QMFIX vs ADAIX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 1.43% | — | Feb 2018 | QMFIX vs TALTX | |
| AQR Diversified Arbitrage Fund Class N | 1.43% | — | Jan 2009 | QMFIX vs ADANX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 1.70% | — | Feb 2018 | QMFIX vs TMSRX |
Lowest Drawdown Alternatives to QMFIX
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 | QMFIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | QMFIX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | QMFIX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QMFIX vs SRRIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | -0.83% | — | Feb 2018 | QMFIX 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 | QMFIX vs QCFNX | |
| AQR Style Premia Alternative Fund Class N | Multistrategy | 49 | 12.78% | — | Oct 2013 | QMFIX vs QSPNX | |
| AQR CVX Fusion Fund Class I | Systematic Trend | — | 18.65% | — | Jun 2025 | QMFIX vs QCFIX | |
| AQR Managed Futures Strategy HV Fund Class N | Systematic Trend | 82 | 17.66% | — | Jul 2013 | QMFIX vs QMHNX | |
| AQR MS Fusion HV Fund Fund Class I | Multistrategy | — | 3.72% | — | Jun 2025 | QMFIX vs QHFIX | |
| AQR LSE Fusion Fund Class I | Long-Short | — | 0.50% | — | Jun 2025 | QMFIX vs QLFIX | |
| AQR LSE Fusion Fund Class N | Long-Short | — | 0.50% | — | Jun 2025 | QMFIX vs QLFNX | |
| AQR MS Fusion Fund Class R6 | Multistrategy | — | 11.68% | — | Jun 2025 | QMFIX vs QMFRX | |
| AQR MS Fusion HV Fund Fund Class N | Multistrategy | — | 3.55% | — | Jun 2025 | QMFIX vs QHFNX | |
| AQR MS Fusion HV Fund Class R6 | Multistrategy | — | 3.72% | — | Jun 2025 | QMFIX vs QHFRX |
Often Compared With QMFIX
Investors most often compare QMFIX with WRPIX, TNMIX, QCFRX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Alternative Risk Premia Fund | Multistrategy | 93 | 10.67% | — | Jan 2019 | QMFIX vs WRPIX | |
| 1290 Multi-Alternative Strategies Fund | Multistrategy | 89 | 10.73% | — | Jul 2015 | QMFIX vs TNMIX | |
| AQR CVX Fusion Fund Class R6 | Systematic Trend | — | 18.63% | — | Jun 2025 | QMFIX vs QCFRX | |
| AQR LSE Fusion Fund Class R6 | Long-Short | — | 0.58% | — | Jun 2025 | QMFIX vs QLFRX | |
| AQR Style Premia Alternative Fund | Multistrategy | 50 | 12.83% | — | Oct 2013 | QMFIX vs QSPIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | Multistrategy | 98 | 1.46% | — | Feb 2013 | QMFIX vs SHRIX |
Compare QMFIX with Any Fund or Stock
Compare QMFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QMFIX with funds that move differently
AQR MS Fusion Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QMFIX.
Explore QMFIX Diversifiers