ARCIX vs. QAI
Compare and contrast key facts about AQR Risk-Balanced Commodities Strategy Fund (ARCIX) and IQ Hedge Multi-Strategy Tracker ETF (QAI).
ARCIX is managed by AQR Funds. It was launched on Jul 8, 2012. QAI is a passively managed fund by New York Life that tracks the performance of the IQ Hedge Multi-Strategy Index. It was launched on Mar 25, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARCIX or QAI.
Correlation
The correlation between ARCIX and QAI is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ARCIX vs. QAI - Performance Comparison
Key characteristics
ARCIX:
1.63
QAI:
1.83
ARCIX:
2.31
QAI:
2.60
ARCIX:
1.29
QAI:
1.33
ARCIX:
1.38
QAI:
2.68
ARCIX:
3.53
QAI:
10.91
ARCIX:
6.27%
QAI:
0.85%
ARCIX:
13.57%
QAI:
5.07%
ARCIX:
-54.25%
QAI:
-14.95%
ARCIX:
-0.53%
QAI:
0.00%
Returns By Period
In the year-to-date period, ARCIX achieves a 8.49% return, which is significantly higher than QAI's 2.36% return. Over the past 10 years, ARCIX has outperformed QAI with an annualized return of 8.27%, while QAI has yielded a comparatively lower 2.23% annualized return.
ARCIX
8.49%
3.16%
15.57%
21.84%
17.73%
8.27%
QAI
2.36%
1.10%
5.03%
8.46%
2.89%
2.23%
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ARCIX vs. QAI - Expense Ratio Comparison
ARCIX has a 1.00% expense ratio, which is higher than QAI's 0.79% expense ratio.
Risk-Adjusted Performance
ARCIX vs. QAI — Risk-Adjusted Performance Rank
ARCIX
QAI
ARCIX vs. QAI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Risk-Balanced Commodities Strategy Fund (ARCIX) and IQ Hedge Multi-Strategy Tracker ETF (QAI). 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.
Dividends
ARCIX vs. QAI - Dividend Comparison
ARCIX's dividend yield for the trailing twelve months is around 1.95%, less than QAI's 2.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCIX AQR Risk-Balanced Commodities Strategy Fund | 1.95% | 2.11% | 7.56% | 9.52% | 18.23% | 0.00% | 5.19% | 0.67% | 0.01% | 4.82% | 0.00% | 0.00% |
QAI IQ Hedge Multi-Strategy Tracker ETF | 2.17% | 2.23% | 4.08% | 2.00% | 0.28% | 1.98% | 1.91% | 1.90% | 0.00% | 0.00% | 0.48% | 1.34% |
Drawdowns
ARCIX vs. QAI - Drawdown Comparison
The maximum ARCIX drawdown since its inception was -54.25%, which is greater than QAI's maximum drawdown of -14.95%. Use the drawdown chart below to compare losses from any high point for ARCIX and QAI. For additional features, visit the drawdowns tool.
Volatility
ARCIX vs. QAI - Volatility Comparison
AQR Risk-Balanced Commodities Strategy Fund (ARCIX) has a higher volatility of 2.97% compared to IQ Hedge Multi-Strategy Tracker ETF (QAI) at 1.16%. This indicates that ARCIX's price experiences larger fluctuations and is considered to be riskier than QAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.