NCLIX vs. QLEIX
Compare and contrast key facts about Nuance Concentrated Value Long-Short Fund (NCLIX) and AQR Long-Short Equity Fund (QLEIX).
NCLIX is managed by Nuance Investments. It was launched on Dec 30, 2015. 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: NCLIX or QLEIX.
Correlation
The correlation between NCLIX and QLEIX is -0.14. 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
NCLIX vs. QLEIX - Performance Comparison
Key characteristics
Returns By Period
NCLIX
N/A
N/A
N/A
N/A
N/A
N/A
QLEIX
6.24%
2.65%
14.80%
29.30%
17.39%
9.05%
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NCLIX vs. QLEIX - Expense Ratio Comparison
NCLIX has a 1.55% expense ratio, which is higher than QLEIX's 1.30% expense ratio.
Risk-Adjusted Performance
NCLIX vs. QLEIX — Risk-Adjusted Performance Rank
NCLIX
QLEIX
NCLIX vs. QLEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuance Concentrated Value Long-Short Fund (NCLIX) 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
NCLIX vs. QLEIX - Dividend Comparison
NCLIX has not paid dividends to shareholders, while QLEIX's dividend yield for the trailing twelve months is around 6.70%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NCLIX Nuance Concentrated Value Long-Short Fund | 101.64% | 101.64% | 4.47% | 2.64% | 4.16% | 5.00% | 1.41% | 7.08% | 4.64% | 2.37% | 0.00% | 0.00% |
QLEIX AQR Long-Short Equity Fund | 6.70% | 7.12% | 20.80% | 10.30% | 0.00% | 0.00% | 0.00% | 0.37% | 4.04% | 1.86% | 4.82% | 8.00% |
Drawdowns
NCLIX vs. QLEIX - Drawdown Comparison
Volatility
NCLIX vs. QLEIX - Volatility Comparison
The current volatility for Nuance Concentrated Value Long-Short Fund (NCLIX) is 0.00%, while AQR Long-Short Equity Fund (QLEIX) has a volatility of 1.92%. This indicates that NCLIX 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.