ARCIX vs. QLEIX
Compare and contrast key facts about AQR Risk-Balanced Commodities Strategy Fund (ARCIX) and AQR Long-Short Equity Fund (QLEIX).
ARCIX is managed by AQR Funds. It was launched on Jul 8, 2012. QLEIX is managed by AQR Funds. It was launched on Jul 15, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARCIX or QLEIX.
Correlation
The correlation between ARCIX and QLEIX is 0.22, 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. QLEIX - Performance Comparison
Key characteristics
ARCIX:
0.26
QLEIX:
2.37
ARCIX:
0.37
QLEIX:
2.97
ARCIX:
1.05
QLEIX:
1.47
ARCIX:
0.22
QLEIX:
3.20
ARCIX:
0.46
QLEIX:
14.35
ARCIX:
6.66%
QLEIX:
1.57%
ARCIX:
14.73%
QLEIX:
9.64%
ARCIX:
-54.25%
QLEIX:
-39.20%
ARCIX:
-5.64%
QLEIX:
-0.06%
Returns By Period
In the year-to-date period, ARCIX achieves a 3.56% return, which is significantly lower than QLEIX's 11.17% return. Over the past 10 years, ARCIX has underperformed QLEIX with an annualized return of 7.84%, while QLEIX has yielded a comparatively higher 11.45% annualized return.
ARCIX
3.56%
5.61%
2.82%
3.74%
22.09%
7.84%
QLEIX
11.17%
7.48%
14.63%
22.67%
23.81%
11.45%
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ARCIX vs. QLEIX - Expense Ratio Comparison
ARCIX has a 1.00% expense ratio, which is lower than QLEIX's 1.30% expense ratio.
Risk-Adjusted Performance
ARCIX vs. QLEIX — Risk-Adjusted Performance Rank
ARCIX
QLEIX
ARCIX vs. QLEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Risk-Balanced Commodities Strategy Fund (ARCIX) and AQR Long-Short Equity Fund (QLEIX). 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. QLEIX - Dividend Comparison
ARCIX's dividend yield for the trailing twelve months is around 2.04%, less than QLEIX's 6.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCIX AQR Risk-Balanced Commodities Strategy Fund | 2.04% | 2.11% | 7.56% | 9.52% | 18.23% | 0.00% | 5.19% | 0.67% | 0.01% | 4.82% | 0.00% | 0.00% |
QLEIX AQR Long-Short Equity Fund | 6.41% | 7.12% | 20.80% | 10.30% | 0.00% | 0.00% | 0.00% | 0.37% | 4.04% | 1.86% | 4.82% | 8.00% |
Drawdowns
ARCIX vs. QLEIX - Drawdown Comparison
The maximum ARCIX drawdown since its inception was -54.25%, which is greater than QLEIX's maximum drawdown of -39.20%. Use the drawdown chart below to compare losses from any high point for ARCIX and QLEIX. For additional features, visit the drawdowns tool.
Volatility
ARCIX vs. QLEIX - Volatility Comparison
AQR Risk-Balanced Commodities Strategy Fund (ARCIX) has a higher volatility of 3.79% compared to AQR Long-Short Equity Fund (QLEIX) at 3.24%. This indicates that ARCIX's price experiences larger fluctuations and is considered to be riskier than QLEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.