QCFNX vs. RMQHX

Last updated Jun 5, 2026

QCFNX (AQR CVX Fusion Fund Class N) and RMQHX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy H) are both mutual funds - QCFNX is a Systematic Trend fund actively managed by AQR, while RMQHX is a Leveraged Equities fund tracking the NASDAQ-100. QCFNX is actively managed, while RMQHX is passively managed. Their correlation of 0.83 suggests significant overlap in exposure. QCFNX charges 2.42%/yr vs 1.27%/yr for RMQHX.

Performance

QCFNX vs. RMQHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR CVX Fusion Fund Class N (QCFNX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCFNX achieves a 18.21% return, which is significantly lower than RMQHX's 39.33% return.

QCFNX

• 1D: -0.23%
• 1M: 5.05%
• YTD: 18.21%
• 6M: 18.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RMQHX

• 1D: -0.58%
• 1M: 17.69%
• YTD: 39.33%
• 6M: 35.19%
• 1Y: 81.41%
• 3Y*: 50.87%
• 5Y*: 26.27%
• 10Y*: 37.51%

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

QCFNX vs. RMQHX - Yearly Performance Comparison

	2026 (YTD)	2025
QCFNX AQR CVX Fusion Fund Class N	18.21%	1.98%
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	39.33%	0.22%

Correlation

The correlation between QCFNX and RMQHX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025	0.83

Return for Risk

QCFNX vs. RMQHX — Risk / Return Rank

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

RMQHX

RMQHX Risk / Return Rank: 65
RMQHX Sharpe Ratio Rank: 79
RMQHX Sortino Ratio Rank: 54
RMQHX Omega Ratio Rank: 54
RMQHX Calmar Ratio Rank: 75
RMQHX Martin Ratio Rank: 62

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. RMQHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR CVX Fusion Fund Class N (QCFNX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX). 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	RMQHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.58	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.85	0.75	+2.10

Drawdowns

QCFNX vs. RMQHX - Drawdown Comparison

The maximum QCFNX drawdown since its inception was -8.02%, smaller than the maximum RMQHX drawdown of -63.21%. Use the drawdown chart below to compare losses from any high point for QCFNX and RMQHX.

Drawdown Indicators

	QCFNX	RMQHX	Difference
Max Drawdown Largest peak-to-trough decline	-8.02%	-63.21%	+55.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-24.97%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-42.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.21%	—
Current Drawdown Current decline from peak	-0.23%	-0.58%	+0.35%
Average Drawdown Average peak-to-trough decline	-1.59%	-12.86%	+11.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.89%	—

Volatility

Volatility by Period

	QCFNX	RMQHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	32.14%	-17.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.58%	46.21%	-31.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.58%	46.43%	-31.85%

QCFNX vs. RMQHX - Expense Ratio Comparison

QCFNX has a 2.42% expense ratio, which is higher than RMQHX's 1.27% expense ratio.

Dividends

QCFNX vs. RMQHX - Dividend Comparison

QCFNX's dividend yield for the trailing twelve months is around 6.53%, less than RMQHX's 24.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QCFNX AQR CVX Fusion Fund Class N	6.53%	7.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	24.96%	34.77%	25.22%	3.66%	0.00%	2.13%	5.17%	0.10%

Frequently Asked Questions

Can I hold both QCFNX and RMQHX in my portfolio?

QCFNX and RMQHX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.