CBLS vs. QLENX

In the year-to-date period, CBLS achieves a 5.47% return, which is significantly lower than QLENX's 11.61% return.

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

CBLS has a 1.95% expense ratio, which is lower than QLENX's 5.18% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Changebridge Capital Long/Short Equity ETF (CBLS) and AQR Long-Short Equity N (QLENX). 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.

The current CBLS Sharpe Ratio is 0.79, which is lower than the QLENX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of CBLS and QLENX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CBLS's dividend yield for the trailing twelve months is around 0.69%, less than QLENX's 6.39% yield.

The maximum CBLS drawdown since its inception was -32.78%, smaller than the maximum QLENX drawdown of -39.59%. Use the drawdown chart below to compare losses from any high point for CBLS and QLENX. For additional features, visit the drawdowns tool.

Changebridge Capital Long/Short Equity ETF (CBLS) has a higher volatility of 3.26% compared to AQR Long-Short Equity N (QLENX) at 2.17%. This indicates that CBLS's price experiences larger fluctuations and is considered to be riskier than QLENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.