QCFRX vs. GFIRX

Last updated Jul 11, 2026

QCFRX (AQR CVX Fusion Fund Class R6) and GFIRX (Goldman Sachs Managed Futures Strategy Fund) are both Systematic Trend funds. A 0.62 correlation means they provide meaningful diversification when combined. QCFRX charges 2.07%/yr vs 1.33%/yr for GFIRX.

Performance

QCFRX vs. GFIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR CVX Fusion Fund Class R6 (QCFRX) and Goldman Sachs Managed Futures Strategy Fund (GFIRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCFRX achieves a 14.85% return, which is significantly higher than GFIRX's 6.07% return.

QCFRX

• 1D: 1.27%
• 1M: 0.31%
• 6M: 11.54%
• YTD: 14.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GFIRX

• 1D: 0.00%
• 1M: 0.62%
• 6M: 4.37%
• YTD: 6.07%
• 1Y: 15.58%
• 3Y*: -0.87%
• 5Y*: 3.58%
• 10Y*: 2.74%

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

QCFRX vs. GFIRX - Yearly Performance Comparison

	2026 (YTD)	2025
QCFRX AQR CVX Fusion Fund Class R6	14.85%	2.02%
GFIRX Goldman Sachs Managed Futures Strategy Fund	6.07%	1.54%

Correlation

The correlation between QCFRX and GFIRX 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	0.62

Return for Risk

QCFRX vs. GFIRX — Risk / Return Rank

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

QCFRX

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

GFIRX

GFIRX Risk / Return Rank: 72
GFIRX Sharpe Ratio Rank: 73
GFIRX Sortino Ratio Rank: 70
GFIRX Omega Ratio Rank: 69
GFIRX Calmar Ratio Rank: 85
GFIRX Martin Ratio Rank: 63

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.

QCFRX vs. GFIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR CVX Fusion Fund Class R6 (QCFRX) and Goldman Sachs Managed Futures Strategy Fund (GFIRX). 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.

	QCFRX	GFIRX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.90	—
Sortino ratio: Return per unit of downside risk	—	2.64	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	3.21	—
Martin ratio: Return relative to average drawdown	—	9.49	—

Drawdowns

QCFRX vs. GFIRX - Drawdown Comparison

The maximum QCFRX drawdown since its inception was -8.00%, smaller than the maximum GFIRX drawdown of -23.09%. Use the drawdown chart below to compare losses from any high point for QCFRX and GFIRX.

Drawdown Indicators

	QCFRX	GFIRX	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-23.09%	+15.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.86%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.09%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-23.09%	—
Current Drawdown Current decline from peak	-3.19%	-7.16%	+3.97%
Average Drawdown Average peak-to-trough decline	-1.92%	-7.02%	+5.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.64%	—

Volatility

Volatility by Period

	QCFRX	GFIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.18%	8.19%	+6.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.18%	10.44%	+4.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.18%	9.09%	+6.09%

QCFRX vs. GFIRX - Expense Ratio Comparison

QCFRX has a 2.07% expense ratio, which is higher than GFIRX's 1.33% expense ratio.

Dividends

QCFRX vs. GFIRX - Dividend Comparison

QCFRX's dividend yield for the trailing twelve months is around 6.83%, while GFIRX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GFIRX Goldman Sachs Managed Futures Strategy Fund	0.00%	0.00%	0.00%	0.00%	20.11%	7.35%	1.21%	7.06%	0.16%	0.49%	0.00%	3.98%
QCFRX AQR CVX Fusion Fund Class R6	6.83%	7.84%	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 QCFRX and GFIRX in my portfolio?

QCFRX and GFIRX 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.