AQR Sustainable Long-Short Equity Carbon Aware Fund (QNZIX)
The Mutual Fund aims to achieve its investment objective through a long-short investment approach focused on U.S. and foreign securities based on proprietary quantitative investment indicators and ESG criteria.
Fund Info
Dec 15, 2021
$5,000,000
Expense Ratio
QNZIX has a high expense ratio of 1.31%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
AQR Sustainable Long-Short Equity Carbon Aware Fund (QNZIX) returned 3.57% year-to-date (YTD) and 14.12% over the past 12 months.
QNZIX
3.57%
2.71%
6.55%
14.12%
18.07%
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of QNZIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.97% | 2.53% | -1.45% | -1.84% | 2.40% | 3.57% | |||||||
| 2024 | 6.34% | 1.57% | 7.74% | 0.83% | 4.43% | 0.43% | 1.07% | 0.85% | 3.65% | -3.32% | 5.25% | 2.20% | 35.22% |
| 2023 | 5.09% | 1.50% | -2.80% | 1.19% | -2.76% | 5.77% | 3.74% | 1.80% | 2.93% | 0.08% | 5.24% | -0.40% | 23.03% |
| 2022 | 10.22% | -0.45% | 0.99% | 2.86% | 5.57% | -8.41% | -0.54% | -4.43% | -5.21% | 9.19% | 6.40% | 0.04% | 15.43% |
| 2021 | 0.80% | 0.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 79, QNZIX is among the top 21% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AQR Sustainable Long-Short Equity Carbon Aware Fund (QNZIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
AQR Sustainable Long-Short Equity Carbon Aware Fund provided a 16.23% dividend yield over the last twelve months, with an annual payout of $2.22 per share.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $2.22 | $2.22 | $2.65 | $0.24 |
Dividend yield | 16.23% | 16.81% | 23.32% | 2.14% |
Monthly Dividends
The table displays the monthly dividend distributions for AQR Sustainable Long-Short Equity Carbon Aware Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.22 | $2.22 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.65 | $2.65 |
| 2022 | $0.24 | $0.24 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the AQR Sustainable Long-Short Equity Carbon Aware Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AQR Sustainable Long-Short Equity Carbon Aware Fund was 18.35%, occurring on Sep 30, 2022. Recovery took 91 trading sessions.
The current AQR Sustainable Long-Short Equity Carbon Aware Fund drawdown is 3.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.35% | Jun 8, 2022 | 80 | Sep 30, 2022 | 91 | Feb 10, 2023 | 171 |
| -13.51% | Feb 20, 2025 | 33 | Apr 7, 2025 | — | — | — |
| -7.94% | Mar 7, 2023 | 9 | Mar 17, 2023 | 73 | Jul 3, 2023 | 82 |
| -6.63% | Jul 17, 2024 | 15 | Aug 6, 2024 | 11 | Aug 21, 2024 | 26 |
| -6.14% | Feb 9, 2022 | 14 | Mar 1, 2022 | 36 | Apr 21, 2022 | 50 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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