QCFRX vs. QLFNX

Last updated Jun 23, 2026

QCFRX (AQR CVX Fusion Fund Class R6) and QLFNX (AQR LSE Fusion Fund Class N) are both mutual funds - QCFRX is a Systematic Trend fund actively managed by AQR, while QLFNX is a Long-Short fund actively managed by AQR. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. QCFRX charges 2.07%/yr vs 6.55%/yr for QLFNX.

Performance

QCFRX vs. QLFNX - Performance Comparison

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

Returns By Period

In the year-to-date period, QCFRX achieves a 15.03% return, which is significantly higher than QLFNX's -1.91% return.

QCFRX

• 1D: 0.55%
• 1M: -0.85%
• YTD: 15.03%
• 6M: 14.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QLFNX

• 1D: 0.60%
• 1M: 1.20%
• YTD: -1.91%
• 6M: -2.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCFRX vs. QLFNX - Yearly Performance Comparison

	2026 (YTD)	2025
QCFRX AQR CVX Fusion Fund Class R6	15.03%	2.02%
QLFNX AQR LSE Fusion Fund Class N	-1.91%	6.71%

Correlation

The correlation between QCFRX and QLFNX is 0.74, 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	0.74

Return for Risk

QCFRX vs. QLFNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR CVX Fusion Fund Class R6 (QCFRX) and AQR LSE Fusion Fund Class N (QLFNX). 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.

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

Drawdowns

QCFRX vs. QLFNX - Drawdown Comparison

The maximum QCFRX drawdown since its inception was -8.00%, smaller than the maximum QLFNX drawdown of -14.54%. Use the drawdown chart below to compare losses from any high point for QCFRX and QLFNX.

Drawdown Indicators

	QCFRX	QLFNX	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-14.54%	+6.54%
Current Drawdown Current decline from peak	-3.03%	-3.12%	+0.09%
Average Drawdown Average peak-to-trough decline	-1.68%	-5.51%	+3.83%

Volatility

Volatility by Period

	QCFRX	QLFNX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.00%	16.62%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.00%	16.62%	-1.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.00%	16.62%	-1.62%

QCFRX vs. QLFNX - Expense Ratio Comparison

QCFRX has a 2.07% expense ratio, which is lower than QLFNX's 6.55% expense ratio.

Dividends

QCFRX vs. QLFNX - Dividend Comparison

QCFRX's dividend yield for the trailing twelve months is around 6.82%, more than QLFNX's 0.14% yield.

Position	TTM	2025
QCFRX AQR CVX Fusion Fund Class R6	6.82%	7.84%
QLFNX AQR LSE Fusion Fund Class N	0.14%	0.14%

Frequently Asked Questions

Can I hold both QCFRX and QLFNX in my portfolio?

QCFRX and QLFNX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.