AQR Trend Total Return Fund Class I (QNZIX) 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 QNZIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QNZIX
QNZIX charges 1.27% annually. There is 1 mutual fund in the Systematic Trend category with a lower expense ratio, going as low as 1.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund - Class I | 1.25% | — | Jan 2010 | QNZIX vs AQMIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | QNZIX vs RWSIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | QNZIX vs CSAIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | QNZIX vs GFIRX | |
| Winton Managed Futures Trend Fund | 1.34% | — | Oct 2011 | QNZIX vs EVOIX |
Best Risk-Adjusted Alternatives to QNZIX
QNZIX has a PortfoliosLab risk / return rank of 92. There are 3 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 | QNZIX vs LOTIX | |
| American Beacon AHL Managed Futures Strategy Fund | 93 | — | Aug 2014 | QNZIX vs AHLPX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 92 | — | Dec 1996 | QNZIX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | 92 | — | Dec 2015 | QNZIX vs MBXAX | |
| AQR Trend Total Return Fund | 91 | — | Dec 2021 | QNZIX vs QNZNX |
Top Performing QNZIX Alternatives (YTD)
QNZIX is at 13.75% YTD. There are 3 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 | QNZIX vs LOTIX | |
| AQR CVX Fusion Fund Class I | 13.96% | — | Jun 2025 | QNZIX vs QCFIX | |
| AQR CVX Fusion Fund Class N | 13.80% | — | Jun 2025 | QNZIX vs QCFNX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 13.75% | — | Dec 1996 | QNZIX vs MBXIX | |
| AQR Trend Total Return Fund | 13.60% | — | Dec 2021 | QNZIX vs QNZNX |
Lowest Volatility Alternatives to QNZIX
QNZIX has 11.85% 1-year volatility. There are 20 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 | QNZIX vs LFMAX | |
| LoCorr Long/Short Commodity Strategies Fund | 6.05% | — | Dec 2011 | QNZIX vs LCSIX | |
| Catalyst/Millburn Hedge Strategy Fund | 6.90% | — | Dec 2015 | QNZIX vs MBXAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 6.93% | — | Dec 1996 | QNZIX vs MBXIX | |
| Abbey Capital Futures Strategy Fund Class I | 7.94% | — | Jul 2014 | QNZIX vs ABYIX |
Lowest Drawdown Alternatives to QNZIX
QNZIX has a 1-year max drawdown of -6.61%. There are 19 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 | QNZIX vs AHLPX | |
| American Beacon AHL Managed Futures Strategy Fund ... | -3.52% | — | Aug 2014 | QNZIX vs AHLIX | |
| LoCorr Macro Strategies Fund | -3.56% | — | Mar 2011 | QNZIX vs LFMAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | -3.85% | — | Dec 1996 | QNZIX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | -3.89% | — | Dec 2015 | QNZIX vs MBXAX |
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 | 77 | 0.95% | — | Jul 2013 | QNZIX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 74 | 0.78% | — | Jul 2013 | QNZIX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 15 | -5.98% | — | Oct 2014 | QNZIX vs QMNNX | |
| AQR Style Premia Alternative Fund - Class I | Multistrategy | 89 | 18.03% | — | Oct 2013 | QNZIX vs QSPIX | |
| AQR Diversifying Strategies Fund - Class I | Multistrategy | 93 | 5.71% | — | Jun 2020 | QNZIX vs QDSIX | |
| AQR Alternative Risk Premia Fund - Class I | Multistrategy | 98 | 22.71% | — | Sep 2017 | QNZIX vs QRPIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 81 | 12.79% | — | Jul 2013 | QNZIX vs QMHIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 72 | 8.79% | — | Sep 2010 | QNZIX vs AQRIX | |
| AQR Alternative Risk Premia Fund Class N | Multistrategy | 98 | 22.58% | — | Sep 2017 | QNZIX vs QRPNX | |
| AQR Global Equity Fund | Global Equities | 80 | 13.60% | — | Dec 2009 | QNZIX vs AQGIX |
Often Compared With QNZIX
Investors most often compare QNZIX with MMTM, QAI, CEFS. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare QNZIX with Any Fund or Stock
Compare QNZIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QNZIX with funds that move differently
AQR Trend Total Return Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QNZIX.
Explore QNZIX Diversifiers