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 | 1.25% | — | Jan 2010 | QMHIX vs AQMIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | QMHIX vs CSAIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | QMHIX vs RWSIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | QMHIX vs GFIRX | |
| Altegris Futures Evolution Strategy Fund | 1.34% | — | Oct 2011 | QMHIX vs EVOIX |
Best Risk-Adjusted Alternatives to QMHIX
QMHIX has a PortfoliosLab risk / return rank of 85. There are 7 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 94 | — | Jun 2014 | QMHIX vs LOTIX | |
| AQR Trend Total Return Fund | 93 | — | Dec 2021 | QMHIX vs QNZNX | |
| AQR Managed Futures Strategy Fund | 91 | — | Jan 2010 | QMHIX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 91 | — | Jan 2010 | QMHIX vs AQMNX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 88 | — | Aug 2014 | QMHIX vs AHLIX |
Top Performing QMHIX Alternatives (YTD)
QMHIX is at 12.18% YTD. There are 5 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 22.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 22.25% | — | Jun 2014 | QMHIX vs LOTIX | |
| AQR CVX Fusion Fund Class R6 | 15.48% | — | Jun 2025 | QMHIX vs QCFRX | |
| AQR CVX Fusion Fund Class I | 15.41% | — | Jun 2025 | QMHIX vs QCFIX | |
| AQR CVX Fusion Fund Class N | 15.24% | — | Jun 2025 | QMHIX vs QCFNX | |
| AQR Trend Total Return Fund | 14.04% | — | Dec 2021 | QMHIX vs QNZNX |
Lowest Volatility Alternatives to QMHIX
QMHIX has 13.56% 1-year volatility. There are 23 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | 5.70% | — | Mar 2011 | QMHIX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 5.94% | — | Dec 2011 | QMHIX vs LCSIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.86% | — | Aug 2014 | QMHIX vs ABYAX | |
| Abbey Capital Futures Strategy Fund Class I | 7.87% | — | Jul 2014 | QMHIX vs ABYIX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | 8.18% | — | Feb 2012 | QMHIX vs GMSAX |
Lowest Drawdown Alternatives to QMHIX
QMHIX has a 1-year max drawdown of -8.78%. There are 23 mutual funds in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -2.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | -2.53% | — | Mar 2011 | QMHIX vs LFMAX | |
| Abbey Capital Futures Strategy Fund Class I | -3.33% | — | Jul 2014 | QMHIX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | -3.36% | — | Aug 2014 | QMHIX vs ABYAX | |
| PIMCO TRENDS Managed Futures Strategy Fund Institu... | -4.63% | — | Jan 2014 | QMHIX vs PQTIX | |
| PIMCO TRENDS Managed Futures Strategy Fund Class A | -4.66% | — | Dec 2013 | QMHIX vs PQTAX |
Other Mutual Funds from AQR Funds
The 10 most viewed AQR Funds mutual funds shown here include QLEIX, QLENX, QMNNX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Long-Short Equity Fund | Long-Short | 61 | -1.65% | — | Jul 2013 | QMHIX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 58 | -1.80% | — | Jul 2013 | QMHIX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 7 | -8.36% | — | Oct 2014 | QMHIX vs QMNNX | |
| AQR Alternative Risk Premia Fund | Multistrategy | 97 | 17.69% | — | Sep 2017 | QMHIX vs QRPIX | |
| AQR Style Premia Alternative Fund | Multistrategy | 78 | 12.37% | — | Oct 2013 | QMHIX vs QSPIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 73 | 8.96% | — | Sep 2010 | QMHIX vs AQRIX | |
| AQR Global Equity Fund | Global Equities | 77 | 12.78% | — | Dec 2009 | QMHIX vs AQGIX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 91 | 4.37% | — | Jun 2020 | QMHIX vs QDSNX | |
| AQR Risk-Balanced Commodities Strategy Fund | Commodities | 60 | 13.48% | — | Jul 2012 | QMHIX vs ARCIX | |
| AQR Large Cap Momentum Style Fund | Large Cap Growth Equities | — | — | — | Jul 2009 | QMHIX vs AMOMX |
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