AQR MS Fusion Fund Class R6 (QMFRX) 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 QMFRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QMFRX
QMFRX charges 3.45% annually. There are 60 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 | QMFRX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QMFRX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QMFRX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QMFRX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | QMFRX vs JAAAX |
Best Risk-Adjusted Alternatives to QMFRX
Among 64 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 | QMFRX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QMFRX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QMFRX vs FSLTX | |
| Blackstone Alternative Multi-Strategy Fund | 99 | — | Jun 2014 | QMFRX vs BXMIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QMFRX vs ADAIX |
Top Performing QMFRX Alternatives (YTD)
QMFRX is at 6.63% YTD. There are 20 mutual funds in the Multistrategy category with higher YTD returns, going as high as 22.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 22.10% | — | Sep 2017 | QMFRX vs QRPRX | |
| AQR Alternative Risk Premia Fund - Class I | 21.98% | — | Sep 2017 | QMFRX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 21.85% | — | Sep 2017 | QMFRX vs QRPNX | |
| AQR Style Premia Alternative Fund - Class I | 17.69% | — | Oct 2013 | QMFRX vs QSPIX | |
| AQR Style Premia Alternative R6 | 17.68% | — | Sep 2014 | QMFRX vs QSPRX |
Lowest Volatility Alternatives to QMFRX
QMFRX has 15.06% 1-year volatility. There are 64 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.25% | — | Aug 2017 | QMFRX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.47% | — | Jan 2009 | QMFRX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.48% | — | Jan 2009 | QMFRX vs ADAIX | |
| Strategic Advisers Alternatives Fund | 2.25% | — | Jul 2022 | QMFRX vs FSLTX | |
| Morningstar Alternatives Fund | 2.29% | — | Nov 2018 | QMFRX vs MSTVX |
Lowest Drawdown Alternatives to QMFRX
Among 64 mutual funds in the Multistrategy category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | QMFRX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QMFRX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class N | -0.60% | — | Jan 2009 | QMFRX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.60% | — | Jan 2009 | QMFRX vs ADAIX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | QMFRX vs FSLTX |
Other Mutual Funds from AQR
The 10 most viewed AQR mutual funds shown here include QLEIX, QLENX, QMNNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Long-Short Equity Fund | Long-Short | 78 | 0.43% | — | Jul 2013 | QMFRX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 75 | 0.24% | — | Jul 2013 | QMFRX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 18 | -6.23% | — | Oct 2014 | QMFRX vs QMNNX | |
| AQR Managed Futures Strategy Fund - Class I | Systematic Trend | 90 | 10.24% | — | Jan 2010 | QMFRX vs AQMIX | |
| AQR Diversifying Strategies Fund - Class I | Multistrategy | 92 | 5.50% | — | Jun 2020 | QMFRX vs QDSIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 82 | 12.49% | — | Jul 2013 | QMFRX vs QMHIX | |
| AQR Trend Total Return Fund | Systematic Trend | 91 | 13.04% | — | Dec 2021 | QMFRX vs QNZNX | |
| AQR Multi-Asset Fund | Tactical Allocation | 76 | 8.88% | — | Sep 2010 | QMFRX vs AQRIX | |
| AQR Global Equity Fund | Global Equities | 81 | 13.10% | — | Dec 2009 | QMFRX vs AQGIX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 92 | 5.37% | — | Jun 2020 | QMFRX vs QDSNX |
Often Compared With QMFRX
Investors most often compare QMFRX with QMFIX, QSPNX, QMFNX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare QMFRX with Any Fund or Stock
Compare QMFRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QMFRX with funds that move differently
AQR MS Fusion Fund Class R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QMFRX.
Explore QMFRX Diversifiers