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 | |
|---|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | — | Dec 2015 | SHRIX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | SHRIX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | SHRIX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | SHRIX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | SHRIX vs JAAAX |
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 | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | SHRIX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | SHRIX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | SHRIX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | SHRIX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 99 | — | Jan 2009 | SHRIX vs ADANX |
Top Performing SHRIX Alternatives (YTD)
SHRIX is at 1.91% YTD. There are 39 mutual funds in the Multistrategy category with higher YTD returns, going as high as 17.10%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 17.10% | — | Sep 2017 | SHRIX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 17.03% | — | Sep 2017 | SHRIX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 16.94% | — | Sep 2017 | SHRIX vs QRPNX | |
| AQR Style Premia Alternative R6 | 12.40% | — | Sep 2014 | SHRIX vs QSPRX | |
| AQR Style Premia Alternative Fund | 12.37% | — | Oct 2013 | SHRIX vs QSPIX |
Lowest Volatility Alternatives to SHRIX
SHRIX has 2.36% 1-year volatility. There are 6 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.24% | — | Aug 2017 | SHRIX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.42% | — | Jan 2009 | SHRIX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 1.42% | — | Jan 2009 | SHRIX vs ADANX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 1.67% | — | Feb 2018 | SHRIX vs TMSRX | |
| Strategic Advisers Alternatives Fund | 2.18% | — | Jul 2022 | SHRIX vs FSLTX |
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 | |
|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class N | -0.39% | — | Jan 2009 | SHRIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | SHRIX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | SHRIX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | SHRIX vs SRRIX | |
| 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, SYMIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare SHRIX with Any Fund or Stock
Compare SHRIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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