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 50 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 76. There are 31 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 | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QSPNX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | QSPNX vs ADANX |
Top Performing QSPNX Alternatives (YTD)
QSPNX is at 12.19% YTD. There are 5 mutual funds in the Multistrategy category with higher YTD returns, going as high as 17.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 17.83% | — | Sep 2017 | QSPNX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 17.69% | — | Sep 2017 | QSPNX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 17.60% | — | Sep 2017 | QSPNX vs QRPNX | |
| AQR Style Premia Alternative Fund | 12.37% | — | Oct 2013 | QSPNX vs QSPIX | |
| AQR Style Premia Alternative R6 | 12.28% | — | Sep 2014 | QSPNX vs QSPRX |
Lowest Volatility Alternatives to QSPNX
QSPNX has 9.81% 1-year volatility. There are 43 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 | QSPNX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.46% | — | Jan 2009 | QSPNX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 1.46% | — | Jan 2009 | QSPNX vs ADANX | |
| Morningstar Alternatives Fund | 2.32% | — | Nov 2018 | QSPNX vs MSTVX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 2.36% | — | Feb 2013 | QSPNX vs SHRIX |
Lowest Drawdown Alternatives to QSPNX
QSPNX has a 1-year max drawdown of -5.05%. There are 37 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 | QSPNX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | QSPNX vs ADAIX | |
| 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 | |
| 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 QCFNX, QMHNX, QCFIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AQR CVX Fusion Fund Class N | Systematic Trend | — | 15.24% | — | Jun 2025 | QSPNX vs QCFNX | |
| AQR Managed Futures Strategy HV Fund Class N | Systematic Trend | 85 | 12.11% | — | Jul 2013 | QSPNX vs QMHNX | |
| AQR CVX Fusion Fund Class I | Systematic Trend | — | 15.41% | — | Jun 2025 | QSPNX vs QCFIX | |
| AQR LSE Fusion Fund Class I | Long-Short | — | -2.83% | — | Jun 2025 | QSPNX vs QLFIX | |
| AQR MS Fusion HV Fund Fund Class I | Multistrategy | — | -1.52% | — | Jun 2025 | QSPNX vs QHFIX | |
| AQR LSE Fusion Fund Class N | Long-Short | — | -2.91% | — | Jun 2025 | QSPNX vs QLFNX | |
| AQR MS Fusion HV Fund Class R6 | Multistrategy | — | -1.44% | — | Jun 2025 | QSPNX vs QHFRX | |
| AQR MS Fusion Fund Class R6 | Multistrategy | — | 7.50% | — | Jun 2025 | QSPNX vs QMFRX | |
| AQR MS Fusion HV Fund Fund Class N | Multistrategy | — | -1.69% | — | Jun 2025 | QSPNX vs QHFNX | |
| AQR MS Fusion Fund Class N | Multistrategy | — | 7.24% | — | Jun 2025 | QSPNX vs QMFNX |
Often Compared With QSPNX
Investors most often compare QSPNX with RYMQX, FCRIX, FABZX. 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