SHRIX Alternatives & Similar Mutual Funds

Stone Ridge High Yield Reinsurance Risk Premium Fund Class I (SHRIX) 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 SHRIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SHRIX

SHRIX charges 1.76% annually. There are 30 mutual funds in the Multistrategy category with lower expense ratios, going as low as 0.18%.

Symbol	Name	Expense Ratio	AUM	Inception
RMDFX	Aspiriant Defensive Allocation Fund	0.18%	—	Dec 2015	SHRIX vs RMDFX
SPATX	Symmetry Panoramic Alternatives Fund	0.50%	—	Nov 2018	SHRIX vs SPATX
TALTX	Morgan Stanley Pathway Funds Alternative Strategie...	0.59%	—	Feb 2018	SHRIX vs TALTX
GAAVX	GMO Alternative Allocation Fund	0.61%	—	May 2019	SHRIX vs GAAVX
WRPIX	Allspring Alternative Risk Premia Fund	0.72%	—	Jan 2019	SHRIX vs WRPIX

Best Risk-Adjusted Alternatives to SHRIX

SHRIX has a PortfoliosLab risk / return rank of 98. There are 6 mutual funds in the Multistrategy category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	100	—	Dec 2013	SHRIX vs SRRIX
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	100	—	Aug 2017	SHRIX vs ARBIX
FSLTX	Strategic Advisers Alternatives Fund	99	—	Jul 2022	SHRIX vs FSLTX
ADAIX	AQR Diversified Arbitrage Fund Class I	99	—	Jan 2009	SHRIX vs ADAIX
ADANX	AQR Diversified Arbitrage Fund Class N	99	—	Jan 2009	SHRIX vs ADANX

Top Performing SHRIX Alternatives (YTD)

SHRIX is at 1.46% YTD. There are 43 mutual funds in the Multistrategy category with higher YTD returns, going as high as 18.99%.

Symbol	Name	YTD Return	AUM	Inception
QRPRX	AQR Alternative Risk Premia R6	18.99%	—	Sep 2017	SHRIX vs QRPRX
QRPIX	AQR Alternative Risk Premia Fund	18.92%	—	Sep 2017	SHRIX vs QRPIX
QRPNX	AQR Alternative Risk Premia Fund Class N	18.84%	—	Sep 2017	SHRIX vs QRPNX
MAFIX	Abbey Capital Multi Asset Fund Class I	13.53%	—	Apr 2018	SHRIX vs MAFIX
QSPRX	AQR Style Premia Alternative R6	12.86%	—	Sep 2014	SHRIX vs QSPRX

Lowest Volatility Alternatives to SHRIX

SHRIX has 2.37% 1-year volatility. There are 7 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.22%.

Symbol	Name	Volatility 1Y	AUM	Inception
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	1.22%	—	Aug 2017	SHRIX vs ARBIX
ADAIX	AQR Diversified Arbitrage Fund Class I	1.40%	—	Jan 2009	SHRIX vs ADAIX
ADANX	AQR Diversified Arbitrage Fund Class N	1.43%	—	Jan 2009	SHRIX vs ADANX
TALTX	Morgan Stanley Pathway Funds Alternative Strategie...	1.43%	—	Feb 2018	SHRIX vs TALTX
TMSRX	T. Rowe Price Multi-Strategy Total Return Fund	1.70%	—	Feb 2018	SHRIX vs TMSRX

Lowest Drawdown Alternatives to SHRIX

SHRIX has a 1-year max drawdown of -1.87%. There are 14 mutual funds in the Multistrategy category with shallower 1-year drawdowns, going as shallow as -0.39%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ADANX	AQR Diversified Arbitrage Fund Class N	-0.39%	—	Jan 2009	SHRIX vs ADANX
ADAIX	AQR Diversified Arbitrage Fund Class I	-0.46%	—	Jan 2009	SHRIX vs ADAIX
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	-0.51%	—	Aug 2017	SHRIX vs ARBIX
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	-0.55%	—	Dec 2013	SHRIX vs SRRIX
TMSRX	T. Rowe Price Multi-Strategy Total Return Fund	-0.83%	—	Feb 2018	SHRIX vs TMSRX

Often Compared With SHRIX

Investors most often compare SHRIX with SRDAX, CSQAX, RYMQX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SRDAX	Stone Ridge Diversified Alternatives Fund	Multistrategy	89	5.17%	—	Apr 2020	SHRIX vs SRDAX
CSQAX	Credit Suisse Multialternative Strategy Fund Class...	Multistrategy	7	4.50%	—	Mar 2012	SHRIX vs CSQAX
RYMQX	Guggenheim Series Multi-Hedge Strategies Fund	Multistrategy	68	5.25%	—	Sep 2005	SHRIX vs RYMQX
SYMIX	AlphaCentric Symmetry Strategy Fund Class I	Multistrategy	65	11.00%	—	Aug 2019	SHRIX vs SYMIX
CBYYX	Victory Pioneer Cat Bond Fund Class Y	Nontraditional Bonds	100	2.27%	—	Jan 2023	SHRIX vs CBYYX
GIMMX	Goldman Sachs Multi-Manager Alternatives Fund	Multistrategy	58	7.76%	—	Apr 2013	SHRIX vs GIMMX
FCRIX	FS Credit Income Fund Class I	Multistrategy	96	2.90%	—	Nov 2017	SHRIX vs FCRIX
GSRTX	Goldman Sachs Absolute Return Tracker Fund	Multistrategy	79	6.74%	—	May 2008	SHRIX vs GSRTX
QDSIX	AQR Diversifying Strategies Fund	Multistrategy	92	6.42%	—	Jun 2020	SHRIX vs QDSIX
CZAMX	Multi-Manager Alternative Strategies Fund	Multistrategy	93	4.57%	—	Jan 2017	SHRIX vs CZAMX
DMSFX	Destinations Multi Strategy Alternatives Fund	Multistrategy	35	0.62%	—	Mar 2017	SHRIX vs DMSFX
BXMIX	Blackstone Alternative Multi-Strategy Fund	Multistrategy	99	3.46%	—	Jun 2014	SHRIX vs BXMIX
CSQIX	Manteio Multialternative Strategy Fund I	Multistrategy	7	4.70%	—	Mar 2012	SHRIX vs CSQIX
JAAAX	John Hancock Funds Alternative Asset Allocation Fu...	Multistrategy	95	6.37%	—	Jan 2009	SHRIX vs JAAAX
ATRFX	Catalyst Systematic Alpha Class I	Multistrategy	9	0.09%	—	Jul 2014	SHRIX vs ATRFX
TNMAX	1290 Multi-Alternative Strategies Fund Class A	Multistrategy	89	10.63%	—	Jul 2015	SHRIX vs TNMAX
QMFNX	AQR MS Fusion Fund Class N	Multistrategy	—	11.43%	—	Jun 2025	SHRIX vs QMFNX
QVOPX	Invesco Fundamental Alternatives Fund	Multistrategy	6	0.12%	—	Jan 1989	SHRIX vs QVOPX
FABZX	Franklin K2 Alternative Strategies Fund	Multistrategy	94	5.31%	—	Oct 2013	SHRIX vs FABZX
FSMSX	FS Multi-Strategy Alternatives Fund	Multistrategy	88	4.13%	—	May 2017	SHRIX vs FSMSX

Compare SHRIX with Any Fund or Stock

Compare SHRIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SHRIX with funds that move differently

Stone Ridge High Yield Reinsurance Risk Premium Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHRIX.

Explore SHRIX Diversifiers

Stone Ridge High Yield Reinsurance Risk Premium Fund Class I (SHRIX) Alternatives