AQR Long-Short Equity N (QLENX) Alternatives
AQR Long-Short Equity N (QLENX) 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 QLENX. 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 QLENX
QLENX charges 5.18% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among QLENX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | QLENX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | QLENX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | QLENX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | QLENX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | QLENX vs BTPIX |
Best Risk-Adjusted Alternatives to QLENX
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 | QLENX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | QLENX vs QLEIX | |
| Vanguard Market Neutral Fund Institutional Shares | 93 | Oct 19, 1998 | QLENX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 93 | Nov 16, 1998 | QLENX vs BPLEX | |
| Vanguard Market Neutral Fund Investor Shares | 93 | Nov 11, 1998 | QLENX vs VMNFX |
Top Performing QLENX Alternatives (YTD)
QLENX alternatives from the Long-Short category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Guggenheim Alpha Opportunity Fund | 10.14% | Jul 6, 2003 | QLENX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | Dec 3, 2014 | QLENX vs PWLIX | |
| Vanguard Market Neutral Fund Institutional Shares | 6.12% | Oct 19, 1998 | QLENX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 6.09% | Nov 11, 1998 | QLENX vs VMNFX | |
| Invenomic Fund Institutional Class | 6.05% | Jun 19, 2017 | QLENX vs BIVIX |
Lowest Volatility Alternatives to QLENX
QLENX alternatives from the Long-Short category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| MFS Managed Wealth Fund | 5.68% | Jun 26, 2014 | QLENX vs MNWIX | |
| Neuberger Berman Long Short Fund | 6.34% | Dec 28, 2011 | QLENX vs NLSIX | |
| Federated Hermes MDT Market Neutral A | 6.39% | Sep 30, 2008 | QLENX vs QAMNX | |
| Knights of Columbus Long/Short Equity Fund | 6.52% | Dec 1, 2019 | QLENX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.59% | Dec 11, 2012 | QLENX vs ASILX |
Lowest Drawdown Alternatives to QLENX
QLENX 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 | QLENX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | QLENX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | QLENX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | QLENX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | QLENX 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 | 80 | -3.36% | Oct 7, 2014 | QLENX vs QMNNX | |
| AQR Style Premia Alternative Fund | Multistrategy | 72 | 9.94% | Oct 29, 2013 | QLENX vs QSPIX | |
| AQR Managed Futures Strategy Fund | Systematic Trend | 94 | 10.24% | Jan 5, 2010 | QLENX vs AQMIX | |
| AQR Alternative Risk Premia Fund | Multistrategy | 82 | 8.52% | Sep 18, 2017 | QLENX vs QRPIX | |
| AQR Managed Futures Strategy HV Fund | Systematic Trend | 90 | 14.62% | Jul 15, 2013 | QLENX vs QMHIX | |
| AQR Large Cap Momentum Style Fund | Large Cap Growth Equities | 38 | -6.19% | Jul 9, 2009 | QLENX vs AMOMX | |
| AQR Global Equity Fund | Global Equities | 47 | -6.63% | Dec 30, 2009 | QLENX vs AQGIX | |
| AQR Multi-Asset Fund | Tactical Allocation | 66 | 0.25% | Sep 29, 2010 | QLENX vs AQRIX | |
| AQR Risk-Balanced Commodities Strategy Fund | Commodities | 90 | 17.04% | Jul 8, 2012 | QLENX vs ARCIX | |
| AQR Trend Total Return Fund | Systematic Trend | 91 | 5.99% | Dec 16, 2021 | QLENX vs QNZNX |
Often Compared With QLENX
What investors most often compare with QLENX, based on PortfoliosLab usage data.
Compare QLENX with Any Fund or Stock
Compare QLENX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.