AQR Managed Futures Strategy HV Fund (QMHIX) belongs to the Systematic Trend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QMHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QMHIX
QMHIX charges 1.65% annually. There are 14 mutual funds in the Systematic Trend category with lower expense ratios, going as low as 1.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund - Class I | 1.25% | — | Jan 2010 | QMHIX vs AQMIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | QMHIX vs RWSIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | QMHIX vs CSAIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | QMHIX vs GFIRX | |
| Winton Managed Futures Trend Fund | 1.34% | — | Oct 2011 | QMHIX vs EVOIX |
Best Risk-Adjusted Alternatives to QMHIX
QMHIX has a PortfoliosLab risk / return rank of 81. There are 10 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 97 | — | Jun 2014 | QMHIX vs LOTIX | |
| American Beacon AHL Managed Futures Strategy Fund | 93 | — | Aug 2014 | QMHIX vs AHLPX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 92 | — | Dec 1996 | QMHIX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | 92 | — | Dec 2015 | QMHIX vs MBXAX | |
| AQR Trend Total Return Fund | 91 | — | Dec 2021 | QMHIX vs QNZNX |
Top Performing QMHIX Alternatives (YTD)
QMHIX is at 12.79% YTD. There are 7 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 23.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 23.96% | — | Jun 2014 | QMHIX vs LOTIX | |
| AQR CVX Fusion Fund Class I | 13.96% | — | Jun 2025 | QMHIX vs QCFIX | |
| AQR CVX Fusion Fund Class N | 13.80% | — | Jun 2025 | QMHIX vs QCFNX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 13.75% | — | Dec 1996 | QMHIX vs MBXIX | |
| AQR Trend Total Return Fund | 13.60% | — | Dec 2021 | QMHIX vs QNZNX |
Lowest Volatility Alternatives to QMHIX
QMHIX has 14.16% 1-year volatility. There are 25 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | 5.80% | — | Mar 2011 | QMHIX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 6.05% | — | Dec 2011 | QMHIX vs LCSIX | |
| Catalyst/Millburn Hedge Strategy Fund | 6.90% | — | Dec 2015 | QMHIX vs MBXAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 6.93% | — | Dec 1996 | QMHIX vs MBXIX | |
| Abbey Capital Futures Strategy Fund Class I | 7.94% | — | Jul 2014 | QMHIX vs ABYIX |
Lowest Drawdown Alternatives to QMHIX
QMHIX has a 1-year max drawdown of -8.78%. There are 25 mutual funds in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -3.50%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon AHL Managed Futures Strategy Fund | -3.50% | — | Aug 2014 | QMHIX vs AHLPX | |
| American Beacon AHL Managed Futures Strategy Fund ... | -3.52% | — | Aug 2014 | QMHIX vs AHLIX | |
| LoCorr Macro Strategies Fund | -3.56% | — | Mar 2011 | QMHIX vs LFMAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | -3.85% | — | Dec 1996 | QMHIX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | -3.89% | — | Dec 2015 | QMHIX vs MBXAX |
Other Mutual Funds from AQR
The 10 most viewed AQR mutual funds shown here include QLEIX, QLENX, QMNNX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Long-Short Equity Fund | Long-Short | 77 | 0.95% | — | Jul 2013 | QMHIX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 74 | 0.78% | — | Jul 2013 | QMHIX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 15 | -5.98% | — | Oct 2014 | QMHIX vs QMNNX | |
| AQR Style Premia Alternative Fund - Class I | Multistrategy | 89 | 18.03% | — | Oct 2013 | QMHIX vs QSPIX | |
| AQR Diversifying Strategies Fund - Class I | Multistrategy | 93 | 5.71% | — | Jun 2020 | QMHIX vs QDSIX | |
| AQR Alternative Risk Premia Fund - Class I | Multistrategy | 98 | 22.71% | — | Sep 2017 | QMHIX vs QRPIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 72 | 8.79% | — | Sep 2010 | QMHIX vs AQRIX | |
| AQR Alternative Risk Premia Fund Class N | Multistrategy | 98 | 22.58% | — | Sep 2017 | QMHIX vs QRPNX | |
| AQR Global Equity Fund | Global Equities | 80 | 13.60% | — | Dec 2009 | QMHIX vs AQGIX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 92 | 5.52% | — | Jun 2020 | QMHIX vs QDSNX |
Often Compared With QMHIX
Investors most often compare QMHIX with DBMF, LONGX, CTA. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare QMHIX with Any Fund or Stock
Compare QMHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QMHIX with funds that move differently
AQR Managed Futures Strategy HV Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QMHIX.
Explore QMHIX Diversifiers