AQR Style Premia Alternative Fund Class N (QSPNX) 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 QSPNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QSPNX
QSPNX charges 6.14% annually. There are 66 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 | QSPNX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QSPNX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QSPNX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QSPNX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | QSPNX vs JAAAX |
Best Risk-Adjusted Alternatives to QSPNX
QSPNX has a PortfoliosLab risk / return rank of 89. There are 27 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 | QSPNX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QSPNX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QSPNX vs FSLTX | |
| Blackstone Alternative Multi-Strategy Fund | 99 | — | Jun 2014 | QSPNX vs BXMIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QSPNX vs ADAIX |
Top Performing QSPNX Alternatives (YTD)
QSPNX is at 17.58% YTD. There are 5 mutual funds in the Multistrategy category with higher YTD returns, going as high as 22.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 22.10% | — | Sep 2017 | QSPNX vs QRPRX | |
| AQR Alternative Risk Premia Fund - Class I | 21.98% | — | Sep 2017 | QSPNX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 21.85% | — | Sep 2017 | QSPNX vs QRPNX | |
| AQR Style Premia Alternative Fund - Class I | 17.69% | — | Oct 2013 | QSPNX vs QSPIX | |
| AQR Style Premia Alternative R6 | 17.68% | — | Sep 2014 | QSPNX vs QSPRX |
Lowest Volatility Alternatives to QSPNX
QSPNX has 9.70% 1-year volatility. There are 59 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.25% | — | Aug 2017 | QSPNX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.47% | — | Jan 2009 | QSPNX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.48% | — | Jan 2009 | QSPNX vs ADAIX | |
| Strategic Advisers Alternatives Fund | 2.25% | — | Jul 2022 | QSPNX vs FSLTX | |
| Morningstar Alternatives Fund | 2.29% | — | Nov 2018 | QSPNX vs MSTVX |
Lowest Drawdown Alternatives to QSPNX
QSPNX has a 1-year max drawdown of -5.05%. There are 46 mutual funds in the Multistrategy category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | QSPNX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QSPNX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class I | -0.60% | — | Jan 2009 | QSPNX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | -0.60% | — | Jan 2009 | QSPNX vs ADANX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | QSPNX vs FSLTX |
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 | 78 | 0.43% | — | Jul 2013 | QSPNX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 75 | 0.24% | — | Jul 2013 | QSPNX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 18 | -6.23% | — | Oct 2014 | QSPNX vs QMNNX | |
| AQR Managed Futures Strategy Fund - Class I | Systematic Trend | 90 | 10.24% | — | Jan 2010 | QSPNX vs AQMIX | |
| AQR Diversifying Strategies Fund - Class I | Multistrategy | 92 | 5.50% | — | Jun 2020 | QSPNX vs QDSIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 82 | 12.49% | — | Jul 2013 | QSPNX vs QMHIX | |
| AQR Trend Total Return Fund | Systematic Trend | 91 | 13.04% | — | Dec 2021 | QSPNX vs QNZNX | |
| AQR Multi-Asset Fund | Tactical Allocation | 76 | 8.88% | — | Sep 2010 | QSPNX vs AQRIX | |
| AQR Global Equity Fund | Global Equities | 81 | 13.10% | — | Dec 2009 | QSPNX vs AQGIX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 92 | 5.37% | — | Jun 2020 | QSPNX vs QDSNX |
Often Compared With QSPNX
Investors most often compare QSPNX with QMFRX, QCFIX, RYMQX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare QSPNX with Any Fund or Stock
Compare QSPNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QSPNX with funds that move differently
AQR Style Premia Alternative Fund Class N alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QSPNX.
Explore QSPNX Diversifiers