QCFNX vs. DISV

Last updated Jun 4, 2026

QCFNX (AQR CVX Fusion Fund Class N) and DISV (Dimensional International Small Cap Value ETF) are both funds - QCFNX is a Systematic Trend fund actively managed by AQR, while DISV is a Foreign Small & Mid Cap Equities fund actively managed by Dimensional. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. QCFNX charges 2.42%/yr vs 0.42%/yr for DISV.

Performance

QCFNX vs. DISV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR CVX Fusion Fund Class N (QCFNX) and Dimensional International Small Cap Value ETF (DISV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCFNX achieves a 18.49% return, which is significantly higher than DISV's 10.83% return.

QCFNX

• 1D: 0.69%
• 1M: 6.14%
• YTD: 18.49%
• 6M: 19.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DISV

• 1D: -1.06%
• 1M: 3.34%
• YTD: 10.83%
• 6M: 15.28%
• 1Y: 34.34%
• 3Y*: 24.35%
• 5Y*: —
• 10Y*: —

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

QCFNX vs. DISV - Yearly Performance Comparison

	2026 (YTD)	2025
QCFNX AQR CVX Fusion Fund Class N	18.49%	1.98%
DISV Dimensional International Small Cap Value ETF	10.83%	9.04%

Correlation

The correlation between QCFNX and DISV is 0.60, 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	0.60

Return for Risk

QCFNX vs. DISV — Risk / Return Rank

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

DISV

DISV Risk / Return Rank: 65
DISV Sharpe Ratio Rank: 72
DISV Sortino Ratio Rank: 71
DISV Omega Ratio Rank: 69
DISV Calmar Ratio Rank: 54
DISV Martin Ratio Rank: 58

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.

QCFNX vs. DISV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR CVX Fusion Fund Class N (QCFNX) and Dimensional International Small Cap Value ETF (DISV). 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.

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

Sharpe Ratios by Period

	QCFNX	DISV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.91	0.93	+1.98

Drawdowns

QCFNX vs. DISV - Drawdown Comparison

The maximum QCFNX drawdown since its inception was -8.02%, smaller than the maximum DISV drawdown of -26.77%. Use the drawdown chart below to compare losses from any high point for QCFNX and DISV.

Drawdown Indicators

	QCFNX	DISV	Difference
Max Drawdown Largest peak-to-trough decline	-8.02%	-26.77%	+18.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.69%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.15%	—
Current Drawdown Current decline from peak	0.00%	-2.48%	+2.48%
Average Drawdown Average peak-to-trough decline	-1.60%	-4.90%	+3.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.35%	—

Volatility

Volatility by Period

	QCFNX	DISV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.62%	14.45%	+0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	17.36%	-2.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.62%	17.36%	-2.74%

QCFNX vs. DISV - Expense Ratio Comparison

QCFNX has a 2.42% expense ratio, which is higher than DISV's 0.42% expense ratio.

Dividends

QCFNX vs. DISV - Dividend Comparison

QCFNX's dividend yield for the trailing twelve months is around 6.52%, more than DISV's 2.39% yield.

Position	TTM	2025	2024	2023	2022
DISV Dimensional International Small Cap Value ETF	2.39%	2.69%	2.77%	2.73%	1.23%
QCFNX AQR CVX Fusion Fund Class N	6.52%	7.72%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QCFNX and DISV in my portfolio?

QCFNX and DISV have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.