JAKRX vs. QLFRX

Last updated Jun 5, 2026

JAKRX (John Hancock Disciplined Value Global Long/Short Fund Class A) and QLFRX (AQR LSE Fusion Fund Class R6) are both Long-Short funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. JAKRX charges 1.91%/yr vs 6.20%/yr for QLFRX.

Performance

JAKRX vs. QLFRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) and AQR LSE Fusion Fund Class R6 (QLFRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JAKRX achieves a 12.80% return, which is significantly higher than QLFRX's 0.25% return.

JAKRX

• 1D: -0.44%
• 1M: 1.00%
• YTD: 12.80%
• 6M: 13.69%
• 1Y: 26.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QLFRX

• 1D: -0.33%
• 1M: 5.51%
• YTD: 0.25%
• 6M: 3.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JAKRX vs. QLFRX - Yearly Performance Comparison

	2026 (YTD)	2025
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	12.80%	2.81%
QLFRX AQR LSE Fusion Fund Class R6	0.25%	6.80%

Correlation

The correlation between JAKRX and QLFRX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025	0.55

Return for Risk

JAKRX vs. QLFRX — Risk / Return Rank

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

JAKRX

JAKRX Risk / Return Rank: 93
JAKRX Sharpe Ratio Rank: 96
JAKRX Sortino Ratio Rank: 95
JAKRX Omega Ratio Rank: 93
JAKRX Calmar Ratio Rank: 93
JAKRX Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JAKRX vs. QLFRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX) and AQR LSE Fusion Fund Class R6 (QLFRX). 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.

	JAKRX	QLFRX	Difference
Sharpe ratio: Return per unit of total volatility	3.58	—	—
Sortino ratio: Return per unit of downside risk	5.11	—	—
Omega ratio: Gain probability vs. loss probability	1.72	—	—
Calmar ratio: Return relative to maximum drawdown	5.14	—	—
Martin ratio: Return relative to average drawdown	18.09	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JAKRX	QLFRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.97	0.85	+3.11

Drawdowns

JAKRX vs. QLFRX - Drawdown Comparison

The maximum JAKRX drawdown since its inception was -5.16%, smaller than the maximum QLFRX drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for JAKRX and QLFRX.

Drawdown Indicators

	JAKRX	QLFRX	Difference
Max Drawdown Largest peak-to-trough decline	-5.16%	-14.53%	+9.37%
Max Drawdown (1Y) Largest decline over 1 year	-5.16%	—	—
Current Drawdown Current decline from peak	-0.66%	-0.99%	+0.33%
Average Drawdown Average peak-to-trough decline	-0.80%	-5.64%	+4.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	—	—

Volatility

Volatility by Period

	JAKRX	QLFRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.43%	15.84%	-8.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.29%	15.84%	-8.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.29%	15.84%	-8.55%

JAKRX vs. QLFRX - Expense Ratio Comparison

JAKRX has a 1.91% expense ratio, which is lower than QLFRX's 6.20% expense ratio.

Dividends

JAKRX vs. QLFRX - Dividend Comparison

JAKRX's dividend yield for the trailing twelve months is around 7.18%, more than QLFRX's 0.22% yield.

Position	TTM	2025
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	7.18%	8.10%
QLFRX AQR LSE Fusion Fund Class R6	0.22%	0.22%

Frequently Asked Questions

Can I hold both JAKRX and QLFRX in my portfolio?

JAKRX and QLFRX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.