QCFIX vs. MFTFX

Last updated Jun 24, 2026

QCFIX (AQR CVX Fusion Fund Class I) and MFTFX (Arrow Managed Futures Stragegy Fund) are both Systematic Trend funds. A 0.62 correlation means they provide meaningful diversification when combined. QCFIX charges 2.17%/yr vs 1.54%/yr for MFTFX.

Performance

QCFIX vs. MFTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR CVX Fusion Fund Class I (QCFIX) and Arrow Managed Futures Stragegy Fund (MFTFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCFIX achieves a 15.32% return, which is significantly higher than MFTFX's 13.40% return.

QCFIX

• 1D: 0.23%
• 1M: -0.54%
• YTD: 15.32%
• 6M: 14.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MFTFX

• 1D: 0.29%
• 1M: -1.98%
• YTD: 13.40%
• 6M: 12.85%
• 1Y: 46.72%
• 3Y*: 4.24%
• 5Y*: 11.43%
• 10Y*: 5.30%

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

QCFIX vs. MFTFX - Yearly Performance Comparison

	2026 (YTD)	2025
QCFIX AQR CVX Fusion Fund Class I	15.32%	2.00%
MFTFX Arrow Managed Futures Stragegy Fund	13.40%	9.48%

Correlation

The correlation between QCFIX and MFTFX is 0.62, 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 6, 2025	0.63

Return for Risk

QCFIX vs. MFTFX — Risk / Return Rank

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

QCFIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MFTFX

MFTFX Risk / Return Rank: 79
MFTFX Sharpe Ratio Rank: 82
MFTFX Sortino Ratio Rank: 70
MFTFX Omega Ratio Rank: 71
MFTFX Calmar Ratio Rank: 93
MFTFX Martin Ratio Rank: 76

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.

QCFIX vs. MFTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR CVX Fusion Fund Class I (QCFIX) and Arrow Managed Futures Stragegy Fund (MFTFX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QCFIX	MFTFX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.49	—
Sortino ratio: Return per unit of downside risk	—	3.18	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	4.78	—
Martin ratio: Return relative to average drawdown	—	13.43	—

Drawdowns

QCFIX vs. MFTFX - Drawdown Comparison

The maximum QCFIX drawdown since its inception was -7.93%, smaller than the maximum MFTFX drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for QCFIX and MFTFX.

Drawdown Indicators

	QCFIX	MFTFX	Difference
Max Drawdown Largest peak-to-trough decline	-7.93%	-35.70%	+27.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-32.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.70%	—
Current Drawdown Current decline from peak	-2.81%	-3.48%	+0.67%
Average Drawdown Average peak-to-trough decline	-1.69%	-16.94%	+15.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.49%	—

Volatility

Volatility by Period

	QCFIX	MFTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.08%	18.90%	-3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.08%	21.95%	-6.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.08%	22.14%	-7.06%

QCFIX vs. MFTFX - Expense Ratio Comparison

QCFIX has a 2.17% expense ratio, which is higher than MFTFX's 1.54% expense ratio.

Dividends

QCFIX vs. MFTFX - Dividend Comparison

QCFIX's dividend yield for the trailing twelve months is around 6.78%, while MFTFX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MFTFX Arrow Managed Futures Stragegy Fund	0.00%	0.00%	0.00%	11.75%	41.04%	2.30%	0.00%	20.00%	7.84%	2.12%	9.36%	1.21%
QCFIX AQR CVX Fusion Fund Class I	6.78%	7.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QCFIX and MFTFX in my portfolio?

QCFIX and MFTFX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.