AQR Managed Futures Strategy HV Fund Class N (QMHNX) 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 QMHNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QMHNX
QMHNX charges 4.12% annually. There are 28 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 | QMHNX vs AQMIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | QMHNX vs CSAIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | QMHNX vs RWSIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | QMHNX vs GFIRX | |
| Altegris Futures Evolution Strategy Fund | 1.34% | — | Oct 2011 | QMHNX vs EVOIX |
Best Risk-Adjusted Alternatives to QMHNX
QMHNX has a PortfoliosLab risk / return rank of 87. There are 7 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Trend Total Return Fund | 95 | — | Dec 2021 | QMHNX vs QNZNX | |
| LoCorr Market Trend Fund | 95 | — | Jun 2014 | QMHNX vs LOTIX | |
| AQR Managed Futures Strategy Fund | 92 | — | Jan 2010 | QMHNX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 92 | — | Jan 2010 | QMHNX vs AQMNX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 91 | — | Aug 2014 | QMHNX vs AHLIX |
Top Performing QMHNX Alternatives (YTD)
QMHNX is at 15.24% YTD. There are 5 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 23.87%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 23.87% | — | Jun 2014 | QMHNX vs LOTIX | |
| AQR CVX Fusion Fund Class R6 | 15.39% | — | Jun 2025 | QMHNX vs QCFRX | |
| AQR Trend Total Return Fund | 15.35% | — | Dec 2021 | QMHNX vs QNZNX | |
| AQR Managed Futures Strategy HV Fund | 15.33% | — | Jul 2013 | QMHNX vs QMHIX | |
| AQR CVX Fusion Fund Class I | 15.32% | — | Jun 2025 | QMHNX vs QCFIX |
Lowest Volatility Alternatives to QMHNX
QMHNX has 13.01% 1-year volatility. There are 22 mutual funds in the Systematic Trend category with lower 1-year volatility, going as low as 5.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund | 5.73% | — | Mar 2011 | QMHNX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 6.10% | — | Dec 2011 | QMHNX vs LCSIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.78% | — | Aug 2014 | QMHNX vs ABYAX | |
| Abbey Capital Futures Strategy Fund Class I | 7.80% | — | Jul 2014 | QMHNX vs ABYIX | |
| Goldman Sachs Managed Futures Strategy Fund | 7.85% | — | Feb 2012 | QMHNX vs GFIRX |
Lowest Drawdown Alternatives to QMHNX
QMHNX has a 1-year max drawdown of -4.81%. There are 9 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 | QMHNX vs LFMAX | |
| Abbey Capital Futures Strategy Fund Class I | -2.85% | — | Jul 2014 | QMHNX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | -2.87% | — | Aug 2014 | QMHNX vs ABYAX | |
| AQR Managed Futures Strategy Fund | -3.03% | — | Jan 2010 | QMHNX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | -3.15% | — | Jan 2010 | QMHNX vs AQMNX |
Other Mutual Funds from AQR
The 10 most viewed AQR mutual funds shown here include QRPNX, QCFNX, QSPNX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR Alternative Risk Premia Fund Class N | Multistrategy | 96 | 18.26% | — | Sep 2017 | QMHNX vs QRPNX | |
| AQR CVX Fusion Fund Class N | Systematic Trend | — | 15.15% | — | Jun 2025 | QMHNX vs QCFNX | |
| AQR Style Premia Alternative Fund Class N | Multistrategy | 51 | 12.90% | — | Oct 2013 | QMHNX vs QSPNX | |
| AQR Style Premia Alternative R6 | Multistrategy | 52 | 12.97% | — | Sep 2014 | QMHNX vs QSPRX | |
| AQR Alternative Risk Premia R6 | Multistrategy | 96 | 18.48% | — | Sep 2017 | QMHNX vs QRPRX | |
| AQR LSE Fusion Fund Class I | Long-Short | — | -1.33% | — | Jun 2025 | QMHNX vs QLFIX | |
| AQR MS Fusion HV Fund Fund Class I | Multistrategy | — | 1.78% | — | Jun 2025 | QMHNX vs QHFIX | |
| AQR LSE Fusion Fund Class N | Long-Short | — | -1.33% | — | Jun 2025 | QMHNX vs QLFNX | |
| AQR MS Fusion HV Fund Fund Class N | Multistrategy | — | 1.69% | — | Jun 2025 | QMHNX vs QHFNX | |
| AQR MS Fusion Fund Class R6 | Multistrategy | — | 8.72% | — | Jun 2025 | QMHNX vs QMFRX |
Often Compared With QMHNX
Investors most often compare QMHNX with QNZIX, MFTFX, AQRNX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare QMHNX with Any Fund or Stock
Compare QMHNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QMHNX with funds that move differently
AQR Managed Futures Strategy HV Fund Class N alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QMHNX.
Explore QMHNX Diversifiers