AQR Style Premia Alternative Fund (QSPIX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QSPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QSPIX
QSPIX charges 1.49% annually. There are 24 mutual funds in the Multistrategy category with lower expense ratios, going as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | — | Dec 2015 | QSPIX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QSPIX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QSPIX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QSPIX vs GAAVX | |
| Allspring Alternative Risk Premia Fund | 0.72% | — | Jan 2019 | QSPIX vs WRPIX |
Best Risk-Adjusted Alternatives to QSPIX
QSPIX has a PortfoliosLab risk / return rank of 50. There are 36 mutual funds in the Multistrategy category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | QSPIX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QSPIX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QSPIX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QSPIX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | QSPIX vs ADANX |
Top Performing QSPIX Alternatives (YTD)
QSPIX is at 12.83% YTD. There are 5 mutual funds in the Multistrategy category with higher YTD returns, going as high as 18.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 18.99% | — | Sep 2017 | QSPIX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 18.92% | — | Sep 2017 | QSPIX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 18.84% | — | Sep 2017 | QSPIX vs QRPNX | |
| Abbey Capital Multi Asset Fund Class I | 13.53% | — | Apr 2018 | QSPIX vs MAFIX | |
| AQR Style Premia Alternative R6 | 12.86% | — | Sep 2014 | QSPIX vs QSPRX |
Lowest Volatility Alternatives to QSPIX
QSPIX has 9.61% 1-year volatility. There are 41 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.22% | — | Aug 2017 | QSPIX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.40% | — | Jan 2009 | QSPIX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 1.43% | — | Jan 2009 | QSPIX vs ADANX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 1.43% | — | Feb 2018 | QSPIX vs TALTX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 1.70% | — | Feb 2018 | QSPIX vs TMSRX |
Lowest Drawdown Alternatives to QSPIX
QSPIX has a 1-year max drawdown of -5.09%. There are 38 mutual funds in the Multistrategy category with shallower 1-year drawdowns, going as shallow as -0.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class N | -0.39% | — | Jan 2009 | QSPIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | QSPIX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | QSPIX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QSPIX vs SRRIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | -0.83% | — | Feb 2018 | QSPIX vs TMSRX |
Other Mutual Funds from AQR Funds
The 10 most viewed AQR Funds 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 | 53 | 0.38% | — | Jul 2013 | QSPIX vs QLEIX | |
| AQR Long-Short Equity N | Long-Short | 51 | 0.29% | — | Jul 2013 | QSPIX vs QLENX | |
| AQR Equity Market Neutral Fund N | Equity Market Neutral | 5 | -5.98% | — | Oct 2014 | QSPIX vs QMNNX | |
| AQR Managed Futures Strategy Fund | Systematic Trend | 89 | 12.96% | — | Jan 2010 | QSPIX vs AQMIX | |
| AQR Trend Total Return Fund | Systematic Trend | 95 | 18.15% | — | Dec 2021 | QSPIX vs QNZNX | |
| AQR Multi-Asset Fund | Tactical Allocation | 70 | 10.80% | — | Sep 2010 | QSPIX vs AQRIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 82 | 17.77% | — | Jul 2013 | QSPIX vs QMHIX | |
| AQR Global Equity Fund | Global Equities | 77 | 13.92% | — | Dec 2009 | QSPIX vs AQGIX | |
| AQR Risk-Balanced Commodities Strategy Fund | Commodities | 82 | 21.57% | — | Jul 2012 | QSPIX vs ARCIX | |
| AQR Large Cap Momentum Style Fund | Large Cap Growth Equities | — | — | — | Jul 2009 | QSPIX vs AMOMX |
Often Compared With QSPIX
Investors most often compare QSPIX with QDSIX, SPY, GAFYX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare QSPIX with Any Fund or Stock
Compare QSPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QSPIX with funds that move differently
AQR Style Premia Alternative Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QSPIX.
Explore QSPIX Diversifiers