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EQLS vs. QLEIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EQLS and QLEIX is 0.07, 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

EQLS vs. QLEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Market Neutral Equity Long/Short ETF (EQLS) and AQR Long-Short Equity Fund (QLEIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EQLS:

-0.23

QLEIX:

2.34

Sortino Ratio

EQLS:

-0.17

QLEIX:

2.98

Omega Ratio

EQLS:

0.98

QLEIX:

1.47

Calmar Ratio

EQLS:

-0.18

QLEIX:

3.21

Martin Ratio

EQLS:

-0.39

QLEIX:

14.41

Ulcer Index

EQLS:

7.44%

QLEIX:

1.57%

Daily Std Dev

EQLS:

15.11%

QLEIX:

9.64%

Max Drawdown

EQLS:

-16.24%

QLEIX:

-39.20%

Current Drawdown

EQLS:

-8.19%

QLEIX:

-0.11%

Returns By Period

In the year-to-date period, EQLS achieves a 5.64% return, which is significantly lower than QLEIX's 11.11% return.


EQLS

YTD

5.64%

1M

0.85%

6M

1.74%

1Y

-3.38%

5Y*

N/A

10Y*

N/A

QLEIX

YTD

11.11%

1M

4.83%

6M

14.36%

1Y

22.37%

5Y*

23.78%

10Y*

11.49%

*Annualized

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EQLS vs. QLEIX - Expense Ratio Comparison

EQLS has a 1.00% expense ratio, which is lower than QLEIX's 1.30% expense ratio.


Risk-Adjusted Performance

EQLS vs. QLEIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQLS
The Risk-Adjusted Performance Rank of EQLS is 1111
Overall Rank
The Sharpe Ratio Rank of EQLS is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of EQLS is 1111
Sortino Ratio Rank
The Omega Ratio Rank of EQLS is 1111
Omega Ratio Rank
The Calmar Ratio Rank of EQLS is 1010
Calmar Ratio Rank
The Martin Ratio Rank of EQLS is 1313
Martin Ratio Rank

QLEIX
The Risk-Adjusted Performance Rank of QLEIX is 9595
Overall Rank
The Sharpe Ratio Rank of QLEIX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of QLEIX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of QLEIX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of QLEIX is 9696
Calmar Ratio Rank
The Martin Ratio Rank of QLEIX is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EQLS vs. QLEIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Market Neutral Equity Long/Short ETF (EQLS) 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.


The current EQLS Sharpe Ratio is -0.23, which is lower than the QLEIX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of EQLS and QLEIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

EQLS vs. QLEIX - Dividend Comparison

EQLS's dividend yield for the trailing twelve months is around 1.36%, less than QLEIX's 6.41% yield.


TTM20242023202220212020201920182017201620152014
EQLS
Simplify Market Neutral Equity Long/Short ETF
1.36%0.95%8.50%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QLEIX
AQR Long-Short Equity Fund
6.41%7.12%20.80%10.30%0.00%0.00%0.00%0.37%4.04%1.86%4.82%8.00%

Drawdowns

EQLS vs. QLEIX - Drawdown Comparison

The maximum EQLS drawdown since its inception was -16.24%, smaller than the maximum QLEIX drawdown of -39.20%. Use the drawdown chart below to compare losses from any high point for EQLS and QLEIX. For additional features, visit the drawdowns tool.


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Volatility

EQLS vs. QLEIX - Volatility Comparison


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