QDSIX vs. QSPIX
Compare and contrast key facts about AQR Diversifying Strategies Fund (QDSIX) and AQR Style Premia Alternative Fund (QSPIX).
QDSIX is managed by AQR Funds. It was launched on Jun 7, 2020. QSPIX is managed by AQR Funds. It was launched on Oct 29, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QDSIX or QSPIX.
Key characteristics
| QDSIX | QSPIX | |
|---|---|---|
| YTD Return | 10.96% | 18.80% |
| 1Y Return | -0.16% | 14.74% |
| 3Y Return (Ann) | 7.61% | 21.53% |
| Sharpe Ratio | 0.01 | 0.48 |
| Daily Std Dev | 11.74% | 31.66% |
| Max Drawdown | -11.30% | -41.37% |
| Current Drawdown | -2.43% | -5.05% |
Correlation
The correlation between QDSIX and QSPIX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QDSIX vs. QSPIX - Performance Comparison
In the year-to-date period, QDSIX achieves a 10.96% return, which is significantly lower than QSPIX's 18.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QDSIX vs. QSPIX - Expense Ratio Comparison
QDSIX has a 0.20% expense ratio, which is lower than QSPIX's 1.49% expense ratio.
Risk-Adjusted Performance
QDSIX vs. QSPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Diversifying Strategies Fund (QDSIX) and AQR Style Premia Alternative Fund (QSPIX). 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.
Dividends
QDSIX vs. QSPIX - Dividend Comparison
QDSIX's dividend yield for the trailing twelve months is around 10.23%, less than QSPIX's 20.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDSIX AQR Diversifying Strategies Fund | 10.23% | 11.35% | 8.22% | 6.07% | 1.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QSPIX AQR Style Premia Alternative Fund | 20.01% | 23.77% | 22.68% | 12.78% | 0.00% | 1.62% | 0.97% | 7.08% | 1.74% | 5.83% | 14.75% | 2.25% |
Drawdowns
QDSIX vs. QSPIX - Drawdown Comparison
The maximum QDSIX drawdown since its inception was -11.30%, smaller than the maximum QSPIX drawdown of -41.37%. Use the drawdown chart below to compare losses from any high point for QDSIX and QSPIX. For additional features, visit the drawdowns tool.
Volatility
QDSIX vs. QSPIX - Volatility Comparison
The current volatility for AQR Diversifying Strategies Fund (QDSIX) is 1.34%, while AQR Style Premia Alternative Fund (QSPIX) has a volatility of 2.09%. This indicates that QDSIX experiences smaller price fluctuations and is considered to be less risky than QSPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.