MSVX vs. QLEIX
Compare and contrast key facts about LHA Market State Alpha Seeker ETF (MSVX) and AQR Long-Short Equity Fund (QLEIX).
MSVX is an actively managed fund by Little Harbor Advisors. It was launched on May 13, 2020. 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: MSVX or QLEIX.
Correlation
The correlation between MSVX and QLEIX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
MSVX vs. QLEIX - Performance Comparison
Key characteristics
Returns By Period
MSVX
N/A
N/A
N/A
N/A
N/A
N/A
QLEIX
7.62%
4.93%
16.35%
32.57%
17.34%
9.30%
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MSVX vs. QLEIX - Expense Ratio Comparison
MSVX has a 1.16% expense ratio, which is lower than QLEIX's 1.30% expense ratio.
Risk-Adjusted Performance
MSVX vs. QLEIX — Risk-Adjusted Performance Rank
MSVX
QLEIX
MSVX vs. QLEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LHA Market State Alpha Seeker ETF (MSVX) 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.
Dividends
MSVX vs. QLEIX - Dividend Comparison
MSVX has not paid dividends to shareholders, while QLEIX's dividend yield for the trailing twelve months is around 6.62%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSVX LHA Market State Alpha Seeker ETF | 0.00% | 0.00% | 3.58% | 0.11% | 0.38% | 1.94% | 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
MSVX vs. QLEIX - Drawdown Comparison
Volatility
MSVX vs. QLEIX - Volatility Comparison
The current volatility for LHA Market State Alpha Seeker ETF (MSVX) is 0.00%, while AQR Long-Short Equity Fund (QLEIX) has a volatility of 1.60%. This indicates that MSVX experiences smaller price fluctuations and is considered to be less risky than QLEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.