CPIEX vs. QMHIX
Compare and contrast key facts about Counterpoint Tactical Equity Fund (CPIEX) and AQR Managed Futures Strategy HV Fund (QMHIX).
CPIEX is managed by Counterpoint Mutual Funds. It was launched on Nov 29, 2015. QMHIX is managed by AQR Funds. It was launched on Jul 15, 2013.
Performance
CPIEX vs. QMHIX - Performance Comparison
Loading graphics...
CPIEX vs. QMHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPIEX Counterpoint Tactical Equity Fund | -1.43% | 10.21% | 37.75% | 6.18% | 12.15% | 54.08% | -29.20% | -7.69% | -3.17% | 14.15% |
QMHIX AQR Managed Futures Strategy HV Fund | 13.91% | 19.97% | 10.78% | -0.17% | 50.14% | -2.08% | -0.73% | 1.82% | -14.44% | -1.72% |
Returns By Period
In the year-to-date period, CPIEX achieves a -1.43% return, which is significantly lower than QMHIX's 13.91% return. Over the past 10 years, CPIEX has outperformed QMHIX with an annualized return of 7.67%, while QMHIX has yielded a comparatively lower 4.95% annualized return.
CPIEX
- 1D
- 0.09%
- 1M
- -3.65%
- YTD
- -1.43%
- 6M
- -1.85%
- 1Y
- 3.43%
- 3Y*
- 18.02%
- 5Y*
- 23.12%
- 10Y*
- 7.67%
QMHIX
- 1D
- -0.62%
- 1M
- 1.81%
- YTD
- 13.91%
- 6M
- 18.18%
- 1Y
- 26.26%
- 3Y*
- 17.80%
- 5Y*
- 16.32%
- 10Y*
- 4.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CPIEX vs. QMHIX - Expense Ratio Comparison
CPIEX has a 1.75% expense ratio, which is higher than QMHIX's 1.65% expense ratio.
Return for Risk
CPIEX vs. QMHIX — Risk / Return Rank
CPIEX
QMHIX
CPIEX vs. QMHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Counterpoint Tactical Equity Fund (CPIEX) and AQR Managed Futures Strategy HV Fund (QMHIX). 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.
| CPIEX | QMHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.36 | 1.91 | -1.56 |
Sortino ratioReturn per unit of downside risk | 0.56 | 2.35 | -1.78 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.35 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 0.64 | 3.33 | -2.69 |
Martin ratioReturn relative to average drawdown | 2.08 | 8.90 | -6.81 |
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
| CPIEX | QMHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 1.91 | -1.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.81 | 0.95 | +0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.32 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.37 | +0.16 |
Correlation
The correlation between CPIEX and QMHIX 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.
Dividends
CPIEX vs. QMHIX - Dividend Comparison
CPIEX's dividend yield for the trailing twelve months is around 5.65%, more than QMHIX's 1.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPIEX Counterpoint Tactical Equity Fund | 5.65% | 5.56% | 2.16% | 2.44% | 3.05% | 0.00% | 0.00% | 0.00% | 3.40% | 5.93% | 0.00% | 0.00% |
QMHIX AQR Managed Futures Strategy HV Fund | 1.80% | 2.05% | 2.31% | 7.66% | 9.34% | 10.96% | 9.52% | 4.18% | 0.00% | 0.00% | 0.01% | 7.57% |
Drawdowns
CPIEX vs. QMHIX - Drawdown Comparison
The maximum CPIEX drawdown since its inception was -48.20%, which is greater than QMHIX's maximum drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for CPIEX and QMHIX.
Loading graphics...
Drawdown Indicators
| CPIEX | QMHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.20% | -39.37% | -8.83% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -8.34% | +1.20% |
Max Drawdown (5Y)Largest decline over 5 years | -9.76% | -19.06% | +9.30% |
Max Drawdown (10Y)Largest decline over 10 years | -48.20% | -34.54% | -13.66% |
Current DrawdownCurrent decline from peak | -4.98% | -1.23% | -3.75% |
Average DrawdownAverage peak-to-trough decline | -10.03% | -18.05% | +8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 3.13% | -0.92% |
Volatility
CPIEX vs. QMHIX - Volatility Comparison
The current volatility for Counterpoint Tactical Equity Fund (CPIEX) is 2.94%, while AQR Managed Futures Strategy HV Fund (QMHIX) has a volatility of 4.04%. This indicates that CPIEX experiences smaller price fluctuations and is considered to be less risky than QMHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CPIEX | QMHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 4.04% | -1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 9.04% | 10.01% | -0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.06% | 14.15% | -3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.85% | 17.26% | -4.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.71% | 15.50% | -2.79% |