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AQR Alternative Risk Premia Fund (QRPIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US00203H1804

CUSIP

00203H180

Issuer

AQR Funds

Inception Date

Sep 18, 2017

Min. Investment

$5,000,000

Asset Class

Alternatives

Expense Ratio

QRPIX has a high expense ratio of 1.40%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

AQR Alternative Risk Premia Fund (QRPIX) returned 6.02% year-to-date (YTD) and 5.49% over the past 12 months.


QRPIX

YTD

6.02%

1M

5.09%

6M

5.95%

1Y

5.49%

5Y*

12.00%

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of QRPIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20254.25%5.52%1.37%-5.00%0.08%6.02%
20247.59%4.58%6.84%0.77%2.03%-3.07%0.09%-1.37%0.26%-3.63%2.15%1.51%18.48%
20230.53%4.52%-5.83%1.28%-2.32%6.58%-0.61%4.28%7.03%-1.92%-1.12%-4.18%7.56%
20227.14%-0.49%-0.12%7.33%5.67%-2.52%-2.70%1.73%0.68%7.67%-0.21%-0.63%25.26%
20210.87%1.01%6.84%-0.53%0.67%-0.53%2.41%-0.13%0.00%-2.88%0.13%5.96%14.27%
2020-0.90%-2.83%-4.67%-4.04%-2.17%-2.48%0.67%0.93%-0.66%-3.84%-3.44%0.24%-21.04%
20190.97%0.64%0.11%-1.17%-0.65%0.54%0.65%0.75%0.00%-1.70%-0.76%-2.34%-2.98%
20180.90%-2.08%-0.20%-0.81%-3.17%-2.53%0.76%0.11%0.64%-0.11%-0.64%-0.56%-7.51%
2017-1.00%0.91%0.40%-0.20%0.10%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of QRPIX is 53, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of QRPIX is 5353
Overall Rank
The Sharpe Ratio Rank of QRPIX is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of QRPIX is 4747
Sortino Ratio Rank
The Omega Ratio Rank of QRPIX is 5353
Omega Ratio Rank
The Calmar Ratio Rank of QRPIX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of QRPIX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for AQR Alternative Risk Premia Fund (QRPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

AQR Alternative Risk Premia Fund Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: 0.42
  • 5-Year: 1.05
  • All Time: 0.42

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of AQR Alternative Risk Premia Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

AQR Alternative Risk Premia Fund provided a 2.12% dividend yield over the last twelve months, with an annual payout of $0.25 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.10$0.20$0.30$0.402018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$0.25$0.25$0.44$0.00$0.31$0.14$0.08$0.01

Dividend yield

2.12%2.25%4.50%0.00%4.07%1.97%0.85%0.09%

Monthly Dividends

The table displays the monthly dividend distributions for AQR Alternative Risk Premia Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.25$0.25
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.44$0.44
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.31$0.31
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08$0.08
2018$0.01$0.01

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 Alternative Risk Premia 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 Alternative Risk Premia Fund was 31.96%, occurring on Dec 8, 2020. Recovery took 472 trading sessions.

The current AQR Alternative Risk Premia Fund drawdown is 5.97%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.96%Jan 30, 2018721Dec 8, 2020472Oct 24, 20221193
-11.29%Jun 3, 202444Aug 5, 2024122Jan 30, 2025166
-11.07%Apr 2, 20255Apr 8, 2025
-8.92%Mar 9, 20237Mar 17, 2023100Aug 10, 2023107
-8.76%Sep 29, 202363Dec 28, 202325Feb 5, 202488

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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