AQR Style Premia Alternative R6 (QSPRX) 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 QSPRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QSPRX
QSPRX charges 5.79% annually. There are 65 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 | QSPRX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | QSPRX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | QSPRX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | QSPRX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | QSPRX vs JAAAX |
Best Risk-Adjusted Alternatives to QSPRX
QSPRX has a PortfoliosLab risk / return rank of 90. There are 24 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 | QSPRX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | QSPRX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | QSPRX vs FSLTX | |
| Blackstone Alternative Multi-Strategy Fund | 99 | — | Jun 2014 | QSPRX vs BXMIX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | QSPRX vs ADAIX |
Top Performing QSPRX Alternatives (YTD)
QSPRX is at 17.68% YTD. There are 4 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 | QSPRX vs QRPRX | |
| AQR Alternative Risk Premia Fund - Class I | 21.98% | — | Sep 2017 | QSPRX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 21.85% | — | Sep 2017 | QSPRX vs QRPNX | |
| AQR Style Premia Alternative Fund - Class I | 17.69% | — | Oct 2013 | QSPRX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | 17.58% | — | Oct 2013 | QSPRX vs QSPNX |
Lowest Volatility Alternatives to QSPRX
QSPRX has 9.63% 1-year volatility. There are 57 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 | QSPRX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class N | 1.47% | — | Jan 2009 | QSPRX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 1.48% | — | Jan 2009 | QSPRX vs ADAIX | |
| Strategic Advisers Alternatives Fund | 2.25% | — | Jul 2022 | QSPRX vs FSLTX | |
| Morningstar Alternatives Fund | 2.29% | — | Nov 2018 | QSPRX vs MSTVX |
Lowest Drawdown Alternatives to QSPRX
QSPRX has a 1-year max drawdown of -5.06%. There are 47 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 | QSPRX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | QSPRX vs SRRIX | |
| AQR Diversified Arbitrage Fund Class N | -0.60% | — | Jan 2009 | QSPRX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.60% | — | Jan 2009 | QSPRX vs ADAIX | |
| Strategic Advisers Alternatives Fund | -0.86% | — | Jul 2022 | QSPRX 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 | QSPRX vs QLEIX | |
| AQR Long-Short Equity Fund Class N | Long-Short, Actively Managed | 75 | 0.24% | — | Jul 2013 | QSPRX vs QLENX | |
| AQR Equity Market Neutral Fund Class N | Equity Market Neutral | 18 | -6.23% | — | Oct 2014 | QSPRX vs QMNNX | |
| AQR Managed Futures Strategy Fund - Class I | Systematic Trend | 90 | 10.24% | — | Jan 2010 | QSPRX vs AQMIX | |
| AQR Diversifying Strategies Fund - Class I | Multistrategy | 92 | 5.50% | — | Jun 2020 | QSPRX vs QDSIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 82 | 12.49% | — | Jul 2013 | QSPRX vs QMHIX | |
| AQR Trend Total Return Fund | Systematic Trend | 91 | 13.04% | — | Dec 2021 | QSPRX vs QNZNX | |
| AQR Multi-Asset Fund | Tactical Allocation | 76 | 8.88% | — | Sep 2010 | QSPRX vs AQRIX | |
| AQR Global Equity Fund | Global Equities | 81 | 13.10% | — | Dec 2009 | QSPRX vs AQGIX | |
| AQR Diversifying Strategies Fund Class N | Tactical Allocation | 92 | 5.37% | — | Jun 2020 | QSPRX vs QDSNX |
Often Compared With QSPRX
Investors most often compare QSPRX with FABZX, QLFIX, SRDAX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare QSPRX with Any Fund or Stock
Compare QSPRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QSPRX with funds that move differently
AQR Style Premia Alternative R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QSPRX.
Explore QSPRX Diversifiers