AQR Long-Short Equity Fund (QLEIX) Alternatives
AQR Long-Short Equity Fund (QLEIX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QLEIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to QLEIX
QLEIX charges 1.30% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among QLEIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | QLEIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | QLEIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | QLEIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | QLEIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | QLEIX vs BTPIX |
Best Risk-Adjusted Alternatives to QLEIX
Among mutual funds in the Long-Short category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 96 | Dec 20, 2012 | QLEIX vs BDMIX | |
| AQR Long-Short Equity N | 94 | Jul 16, 2013 | QLEIX vs QLENX | |
| Boston Partners Long/Short Equity Fund | 94 | Nov 16, 1998 | QLEIX vs BPLEX | |
| Vanguard Market Neutral Fund Investor Shares | 91 | Nov 11, 1998 | QLEIX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 91 | Oct 19, 1998 | QLEIX vs VMNIX |
Top Performing QLEIX Alternatives (YTD)
QLEIX alternatives from the Long-Short category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Guggenheim Alpha Opportunity Fund | 10.98% | Jul 6, 2003 | QLEIX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.37% | Dec 3, 2014 | QLEIX vs PWLIX | |
| Parvin Hedged Equity Solari World Fund | 6.81% | Jan 27, 2021 | QLEIX vs PHSWX | |
| Easterly Snow Capital Long/Short Opportunity Fund | 6.23% | Apr 27, 2006 | QLEIX vs SNOIX | |
| John Hancock Disciplined Value Global Long/Short F... | 5.90% | Apr 11, 2014 | QLEIX vs JAKVX |
Lowest Volatility Alternatives to QLEIX
QLEIX alternatives from the Long-Short category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| MFS Managed Wealth Fund | 5.84% | Jun 26, 2014 | QLEIX vs MNWIX | |
| Federated Hermes MDT Market Neutral A | 6.38% | Sep 30, 2008 | QLEIX vs QAMNX | |
| Neuberger Berman Long Short Fund | 6.46% | Dec 28, 2011 | QLEIX vs NLSIX | |
| Knights of Columbus Long/Short Equity Fund | 6.51% | Dec 1, 2019 | QLEIX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.63% | Dec 11, 2012 | QLEIX vs ASILX |
Lowest Drawdown Alternatives to QLEIX
QLEIX alternatives from the Long-Short category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -3.50% | Dec 1, 2019 | QLEIX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | QLEIX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | QLEIX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | QLEIX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | QLEIX vs QAMNX |
Other Mutual Funds from AQR Funds
Most popular AQR Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| AQR Equity Market Neutral Fund N | Equity Market Neutral | 78 | -3.52% | Oct 7, 2014 | QLEIX vs QMNNX | |
| AQR Style Premia Alternative Fund | Multistrategy | 68 | 9.83% | Oct 29, 2013 | QLEIX vs QSPIX | |
| AQR Managed Futures Strategy Fund | Systematic Trend | 93 | 9.72% | Jan 5, 2010 | QLEIX vs AQMIX | |
| AQR Alternative Risk Premia Fund | Multistrategy | 81 | 9.02% | Sep 18, 2017 | QLEIX vs QRPIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 88 | 13.91% | Jul 15, 2013 | QLEIX vs QMHIX | |
| AQR Large Cap Momentum Style Fund | Large Cap Growth Equities | 53 | -2.67% | Jul 9, 2009 | QLEIX vs AMOMX | |
| AQR Global Equity Fund | Global Equities | 61 | -3.52% | Dec 30, 2009 | QLEIX vs AQGIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 70 | 2.01% | Sep 29, 2010 | QLEIX vs AQRIX | |
| AQR Risk-Balanced Commodities Strategy Fund | Commodities | 90 | 17.69% | Jul 8, 2012 | QLEIX vs ARCIX | |
| AQR Trend Total Return Fund | Systematic Trend | 91 | 6.92% | Dec 16, 2021 | QLEIX vs QNZNX |
Often Compared With QLEIX
What investors most often compare with QLEIX, based on PortfoliosLab usage data.
Compare QLEIX with Any Fund or Stock
Compare QLEIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.