EHLS vs. QLEIX
Compare and contrast key facts about Even Herd Long Short ETF (EHLS) and AQR Long-Short Equity Fund (QLEIX).
EHLS is an actively managed fund by N/A. It was launched on Apr 1, 2024. 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: EHLS or QLEIX.
Correlation
The correlation between EHLS and QLEIX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EHLS vs. QLEIX - Performance Comparison
Key characteristics
EHLS:
19.23%
QLEIX:
7.53%
EHLS:
-12.85%
QLEIX:
-42.90%
EHLS:
-0.34%
QLEIX:
0.00%
Returns By Period
In the year-to-date period, EHLS achieves a 6.17% return, which is significantly lower than QLEIX's 7.62% return.
EHLS
6.17%
3.23%
18.39%
N/A
N/A
N/A
QLEIX
7.62%
4.80%
16.65%
31.81%
17.24%
9.36%
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EHLS vs. QLEIX - Expense Ratio Comparison
EHLS has a 1.58% expense ratio, which is higher than QLEIX's 1.30% expense ratio.
Risk-Adjusted Performance
EHLS vs. QLEIX — Risk-Adjusted Performance Rank
EHLS
QLEIX
EHLS vs. QLEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Even Herd Long Short ETF (EHLS) 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.
Not enough dataDividends
EHLS vs. QLEIX - Dividend Comparison
EHLS's dividend yield for the trailing twelve months is around 0.98%, less than QLEIX's 6.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EHLS Even Herd Long Short ETF | 0.98% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QLEIX AQR Long-Short Equity Fund | 6.62% | 7.12% | 20.80% | 10.30% | 0.00% | 0.00% | 0.00% | 0.37% | 4.04% | 1.86% | 4.82% | 8.00% |
Drawdowns
EHLS vs. QLEIX - Drawdown Comparison
The maximum EHLS drawdown since its inception was -12.85%, smaller than the maximum QLEIX drawdown of -42.90%. Use the drawdown chart below to compare losses from any high point for EHLS and QLEIX. For additional features, visit the drawdowns tool.
Volatility
EHLS vs. QLEIX - Volatility Comparison
Even Herd Long Short ETF (EHLS) has a higher volatility of 6.87% compared to AQR Long-Short Equity Fund (QLEIX) at 1.60%. This indicates that EHLS'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.