AQR Equity Market Neutral Fund Class I (QMNIX) Alternatives
AQR Equity Market Neutral Fund Class I (QMNIX) belongs to the Equity Market Neutral category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QMNIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to QMNIX
QMNIX charges 5.48% annually. Among mutual funds in the Equity Market Neutral category, these options have the lowest expense ratios among QMNIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Gotham Neutral Fund Institutional Class | 1.51% | Aug 30, 2013 | QMNIX vs GONIX | |
| BlackRock Global Equity Market Neutral Fund | 1.60% | Dec 20, 2012 | QMNIX vs BDMAX | |
| Bridgeway Global Opportunities Fund Class N | 1.63% | Oct 15, 2024 | QMNIX vs BRGOX | |
| Miller Market Neutral Income Fund Class I | 1.69% | Dec 29, 2023 | QMNIX vs MMNIX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | 1.86% | Sep 30, 2008 | QMNIX vs QQMNX |
Best Risk-Adjusted Alternatives to QMNIX
Among mutual funds in the Equity Market Neutral category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Miller Market Neutral Income Fund Class I | 99 | Dec 29, 2023 | QMNIX vs MMNIX | |
| Bridgeway Global Opportunities Fund Class N | 97 | Oct 15, 2024 | QMNIX vs BRGOX | |
| BlackRock Global Equity Market Neutral Fund | 96 | Dec 20, 2012 | QMNIX vs BDMAX | |
| AQR Equity Market Neutral Fund N | 80 | Oct 7, 2014 | QMNIX vs QMNNX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | 74 | Sep 30, 2008 | QMNIX vs QQMNX |
Top Performing QMNIX Alternatives (YTD)
QMNIX alternatives from the Equity Market Neutral category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Bridgeway Global Opportunities Fund Class N | 6.16% | Oct 15, 2024 | QMNIX vs BRGOX | |
| BlackRock Global Equity Market Neutral Fund | 3.51% | Dec 20, 2012 | QMNIX vs BDMAX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | 1.46% | Sep 30, 2008 | QMNIX vs QQMNX | |
| Miller Market Neutral Income Fund Class I | 1.45% | Dec 29, 2023 | QMNIX vs MMNIX | |
| Gotham Neutral Fund Institutional Class | -1.40% | Aug 30, 2013 | QMNIX vs GONIX |
Lowest Volatility Alternatives to QMNIX
QMNIX alternatives from the Equity Market Neutral category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Miller Market Neutral Income Fund Class I | 1.71% | Dec 29, 2023 | QMNIX vs MMNIX | |
| AQR Equity Market Neutral Fund N | 6.30% | Oct 7, 2014 | QMNIX vs QMNNX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | 6.49% | Sep 30, 2008 | QMNIX vs QQMNX | |
| Gotham Neutral Fund Institutional Class | 6.72% | Aug 30, 2013 | QMNIX vs GONIX | |
| BlackRock Global Equity Market Neutral Fund | 6.91% | Dec 20, 2012 | QMNIX vs BDMAX |
Lowest Drawdown Alternatives to QMNIX
QMNIX alternatives from the Equity Market Neutral category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Miller Market Neutral Income Fund Class I | -0.46% | Dec 29, 2023 | QMNIX vs MMNIX | |
| BlackRock Global Equity Market Neutral Fund | -3.61% | Dec 20, 2012 | QMNIX vs BDMAX | |
| Bridgeway Global Opportunities Fund Class N | -3.78% | Oct 15, 2024 | QMNIX vs BRGOX | |
| Gotham Neutral Fund Institutional Class | -4.13% | Aug 30, 2013 | QMNIX vs GONIX | |
| Federated Hermes MDT Market Neutral Fund Instituti... | -4.37% | Sep 30, 2008 | QMNIX vs QQMNX |
Other Mutual Funds from AQR Funds
Most popular AQR Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| AQR Long-Short Equity Fund | Long-Short | 94 | -3.26% | Jul 15, 2013 | QMNIX vs QLEIX | |
| AQR Long-Short Equity N | Long-Short | 93 | -3.31% | Jul 16, 2013 | QMNIX vs QLENX | |
| AQR Style Premia Alternative Fund | Multistrategy | 72 | 9.94% | Oct 29, 2013 | QMNIX vs QSPIX | |
| AQR Managed Futures Strategy Fund | Systematic Trend | 94 | 10.24% | Jan 5, 2010 | QMNIX vs AQMIX | |
| AQR Alternative Risk Premia Fund | Multistrategy | 82 | 8.52% | Sep 18, 2017 | QMNIX vs QRPIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 90 | 14.62% | Jul 15, 2013 | QMNIX vs QMHIX | |
| AQR Large Cap Momentum Style Fund | Large Cap Growth Equities | 38 | -6.19% | Jul 9, 2009 | QMNIX vs AMOMX | |
| AQR Global Equity Fund | Global Equities | 47 | -6.63% | Dec 30, 2009 | QMNIX vs AQGIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 66 | 0.25% | Sep 29, 2010 | QMNIX vs AQRIX | |
| AQR Risk-Balanced Commodities Strategy Fund | Commodities | 90 | 17.04% | Jul 8, 2012 | QMNIX vs ARCIX |
Often Compared With QMNIX
What investors most often compare with QMNIX, based on PortfoliosLab usage data.
Compare QMNIX with Any Fund or Stock
Compare QMNIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.