SYMIX vs. QMFNX

Last updated Jun 5, 2026

SYMIX (AlphaCentric Symmetry Strategy Fund Class I) and QMFNX (AQR MS Fusion Fund Class N) are both Multistrategy funds. A 0.56 correlation means they provide meaningful diversification when combined. SYMIX charges 1.69%/yr vs 3.80%/yr for QMFNX.

Performance

SYMIX vs. QMFNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaCentric Symmetry Strategy Fund Class I (SYMIX) and AQR MS Fusion Fund Class N (QMFNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYMIX achieves a 10.56% return, which is significantly lower than QMFNX's 11.26% return.

SYMIX

• 1D: -0.39%
• 1M: 0.13%
• YTD: 10.56%
• 6M: 12.68%
• 1Y: 25.04%
• 3Y*: 10.89%
• 5Y*: 7.08%
• 10Y*: —

QMFNX

• 1D: -0.16%
• 1M: 7.41%
• YTD: 11.26%
• 6M: 12.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SYMIX vs. QMFNX - Yearly Performance Comparison

	2026 (YTD)	2025
SYMIX AlphaCentric Symmetry Strategy Fund Class I	10.56%	5.82%
QMFNX AQR MS Fusion Fund Class N	11.26%	3.54%

Correlation

The correlation between SYMIX and QMFNX is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025	0.56

Return for Risk

SYMIX vs. QMFNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SYMIX

SYMIX Risk / Return Rank: 64
SYMIX Sharpe Ratio Rank: 55
SYMIX Sortino Ratio Rank: 49
SYMIX Omega Ratio Rank: 51
SYMIX Calmar Ratio Rank: 86
SYMIX Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SYMIX vs. QMFNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Symmetry Strategy Fund Class I (SYMIX) and AQR MS Fusion Fund Class N (QMFNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SYMIX	QMFNX	Difference
Sharpe ratio: Return per unit of total volatility	2.18	—	—
Sortino ratio: Return per unit of downside risk	2.93	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	4.15	—	—
Martin ratio: Return relative to average drawdown	14.78	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SYMIX	QMFNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	2.10	-1.46

Drawdowns

SYMIX vs. QMFNX - Drawdown Comparison

The maximum SYMIX drawdown since its inception was -17.44%, which is greater than QMFNX's maximum drawdown of -10.37%. Use the drawdown chart below to compare losses from any high point for SYMIX and QMFNX.

Drawdown Indicators

	SYMIX	QMFNX	Difference
Max Drawdown Largest peak-to-trough decline	-17.44%	-10.37%	-7.07%
Max Drawdown (1Y) Largest decline over 1 year	-6.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.20%	—	—
Current Drawdown Current decline from peak	-1.67%	-0.16%	-1.51%
Average Drawdown Average peak-to-trough decline	-4.19%	-2.27%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	—	—

Volatility

Volatility by Period

	SYMIX	QMFNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.54%	14.31%	-2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.88%	14.31%	-3.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	14.31%	-3.30%

SYMIX vs. QMFNX - Expense Ratio Comparison

SYMIX has a 1.69% expense ratio, which is lower than QMFNX's 3.80% expense ratio.

Dividends

SYMIX vs. QMFNX - Dividend Comparison

SYMIX has not paid dividends to shareholders, while QMFNX's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QMFNX AQR MS Fusion Fund Class N	0.34%	0.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SYMIX AlphaCentric Symmetry Strategy Fund Class I	0.00%	0.00%	0.00%	2.06%	9.82%	0.25%	1.71%	2.42%

Frequently Asked Questions

Can I hold both SYMIX and QMFNX in my portfolio?

SYMIX and QMFNX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.