AQMIX vs. QMHNX
Compare and contrast key facts about AQR Managed Futures Strategy Fund (AQMIX) and AQR Managed Futures Strategy HV Fund Class N (QMHNX).
AQMIX is managed by AQR Funds. It was launched on Jan 5, 2010. QMHNX is an actively managed fund by AQR. It was launched on Jul 16, 2013.
Performance
AQMIX vs. QMHNX - Performance Comparison
Loading graphics...
AQMIX vs. QMHNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AQMIX AQR Managed Futures Strategy Fund | 10.03% | 14.62% | 8.13% | 2.08% | 35.47% | -1.04% | -0.43% | 1.92% | -8.88% | -0.97% |
QMHNX AQR Managed Futures Strategy HV Fund Class N | 13.82% | 19.65% | 10.48% | -0.40% | 49.64% | -2.30% | -0.85% | 1.55% | -14.59% | -2.06% |
Returns By Period
In the year-to-date period, AQMIX achieves a 10.03% return, which is significantly lower than QMHNX's 13.82% return. Over the past 10 years, AQMIX has underperformed QMHNX with an annualized return of 4.46%, while QMHNX has yielded a comparatively higher 4.69% annualized return.
AQMIX
- 1D
- 0.29%
- 1M
- 2.13%
- YTD
- 10.03%
- 6M
- 13.14%
- 1Y
- 20.88%
- 3Y*
- 13.42%
- 5Y*
- 12.64%
- 10Y*
- 4.46%
QMHNX
- 1D
- -0.62%
- 1M
- 1.71%
- YTD
- 13.82%
- 6M
- 18.02%
- 1Y
- 25.90%
- 3Y*
- 17.50%
- 5Y*
- 16.03%
- 10Y*
- 4.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AQMIX vs. QMHNX - Expense Ratio Comparison
AQMIX has a 1.25% expense ratio, which is lower than QMHNX's 4.12% expense ratio.
Return for Risk
AQMIX vs. QMHNX — Risk / Return Rank
AQMIX
QMHNX
AQMIX vs. QMHNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Managed Futures Strategy Fund (AQMIX) and AQR Managed Futures Strategy HV Fund Class N (QMHNX). 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.
| AQMIX | QMHNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.16 | 1.89 | +0.27 |
Sortino ratioReturn per unit of downside risk | 2.72 | 2.32 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.34 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 3.91 | 3.27 | +0.64 |
Martin ratioReturn relative to average drawdown | 11.49 | 8.68 | +2.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AQMIX | QMHNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 1.89 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.94 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.30 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.35 | +0.06 |
Correlation
The correlation between AQMIX and QMHNX is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AQMIX vs. QMHNX - Dividend Comparison
AQMIX's dividend yield for the trailing twelve months is around 2.05%, more than QMHNX's 1.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQMIX AQR Managed Futures Strategy Fund | 2.05% | 2.26% | 3.83% | 8.39% | 12.76% | 6.94% | 5.31% | 3.13% | 0.00% | 0.00% | 0.02% | 6.51% |
QMHNX AQR Managed Futures Strategy HV Fund Class N | 1.66% | 1.89% | 2.09% | 7.36% | 8.75% | 10.64% | 7.79% | 3.80% | 0.00% | 0.00% | 0.01% | 7.47% |
Drawdowns
AQMIX vs. QMHNX - Drawdown Comparison
The maximum AQMIX drawdown since its inception was -26.52%, smaller than the maximum QMHNX drawdown of -40.29%. Use the drawdown chart below to compare losses from any high point for AQMIX and QMHNX.
Loading graphics...
Drawdown Indicators
| AQMIX | QMHNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.52% | -40.29% | +13.77% |
Max Drawdown (1Y)Largest decline over 1 year | -5.45% | -8.40% | +2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -13.57% | -19.23% | +5.66% |
Max Drawdown (10Y)Largest decline over 10 years | -23.34% | -35.34% | +12.00% |
Current DrawdownCurrent decline from peak | -0.66% | -1.23% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -10.10% | -18.52% | +8.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 3.16% | -1.31% |
Volatility
AQMIX vs. QMHNX - Volatility Comparison
The current volatility for AQR Managed Futures Strategy Fund (AQMIX) is 2.40%, while AQR Managed Futures Strategy HV Fund Class N (QMHNX) has a volatility of 4.04%. This indicates that AQMIX experiences smaller price fluctuations and is considered to be less risky than QMHNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AQMIX | QMHNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 4.04% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 6.71% | 9.99% | -3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.62% | 14.17% | -4.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.55% | 17.22% | -5.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.36% | 15.46% | -5.10% |