QDSIX vs. RFXIX

Last updated Apr 1, 2026

Compare and contrast key facts about AQR Diversifying Strategies Fund (QDSIX) and Rational Special Situations Income Fund (RFXIX).

QDSIX is managed by AQR Funds. It was launched on Jun 7, 2020. RFXIX is managed by Rational Funds. It was launched on Jul 16, 2019.

Performance

QDSIX vs. RFXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Diversifying Strategies Fund (QDSIX) and Rational Special Situations Income Fund (RFXIX). The values are adjusted to include any dividend payments, if applicable.

QDSIX vs. RFXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QDSIX AQR Diversifying Strategies Fund	2.86%	16.36%	9.71%	8.88%	14.69%	10.64%	5.50%
RFXIX Rational Special Situations Income Fund	1.01%	4.73%	8.95%	4.08%	-0.85%	5.30%	4.03%

Returns By Period

In the year-to-date period, QDSIX achieves a 2.86% return, which is significantly higher than RFXIX's 1.01% return.

QDSIX

• 1D: 0.21%
• 1M: -1.30%
• YTD: 2.86%
• 6M: 5.69%
• 1Y: 12.12%
• 3Y*: 12.66%
• 5Y*: 11.13%
• 10Y*: —

RFXIX

• 1D: 0.12%
• 1M: -0.27%
• YTD: 1.01%
• 6M: 2.55%
• 1Y: 4.36%
• 3Y*: 5.84%
• 5Y*: 4.27%
• 10Y*: —

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

QDSIX vs. RFXIX - Expense Ratio Comparison

QDSIX has a 0.20% expense ratio, which is lower than RFXIX's 1.76% expense ratio.

RFXIX

Rational Special Situations Income Fund

QDSIX

AQR Diversifying Strategies Fund

Return for Risk

QDSIX vs. RFXIX — Risk / Return Rank

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

QDSIX

QDSIX Risk / Return Rank: 89
QDSIX Sharpe Ratio Rank: 92
QDSIX Sortino Ratio Rank: 89
QDSIX Omega Ratio Rank: 90
QDSIX Calmar Ratio Rank: 87
QDSIX Martin Ratio Rank: 88

RFXIX

RFXIX Risk / Return Rank: 97
RFXIX Sharpe Ratio Rank: 97
RFXIX Sortino Ratio Rank: 97
RFXIX Omega Ratio Rank: 97
RFXIX Calmar Ratio Rank: 97
RFXIX Martin Ratio Rank: 97

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.

QDSIX vs. RFXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Diversifying Strategies Fund (QDSIX) and Rational Special Situations Income Fund (RFXIX). 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.

	QDSIX	RFXIX	Difference
Sharpe ratio Return per unit of total volatility	1.96	2.77	-0.81
Sortino ratio Return per unit of downside risk	2.47	3.92	-1.45
Omega ratio Gain probability vs. loss probability	1.41	1.73	-0.32
Calmar ratio Return relative to maximum drawdown	2.24	4.22	-1.98
Martin ratio Return relative to average drawdown	9.64	15.72	-6.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QDSIX vs. RFXIX - Sharpe Ratio Comparison

The current QDSIX Sharpe Ratio is 1.96, which is comparable to the RFXIX Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of QDSIX and RFXIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QDSIX	RFXIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	2.77	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.46	2.20	-0.74
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	1.39	+0.22

Correlation

The correlation between QDSIX and RFXIX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

QDSIX vs. RFXIX - Dividend Comparison

QDSIX's dividend yield for the trailing twelve months is around 2.17%, less than RFXIX's 5.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
QDSIX AQR Diversifying Strategies Fund	2.17%	2.23%	0.00%	11.35%	8.22%	6.07%	1.93%	0.00%
RFXIX Rational Special Situations Income Fund	5.57%	5.02%	6.69%	7.85%	6.08%	5.04%	4.99%	1.39%

Drawdowns

QDSIX vs. RFXIX - Drawdown Comparison

The maximum QDSIX drawdown since its inception was -7.06%, smaller than the maximum RFXIX drawdown of -12.91%. Use the drawdown chart below to compare losses from any high point for QDSIX and RFXIX.

Drawdown Indicators

	QDSIX	RFXIX	Difference
Max Drawdown Largest peak-to-trough decline	-7.06%	-12.91%	+5.85%
Max Drawdown (1Y) Largest decline over 1 year	-5.53%	-0.94%	-4.59%
Max Drawdown (5Y) Largest decline over 5 years	-7.06%	-4.93%	-2.13%
Current Drawdown Current decline from peak	-1.30%	-0.27%	-1.03%
Average Drawdown Average peak-to-trough decline	-1.48%	-0.89%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.28%	0.28%	+1.00%

Volatility

QDSIX vs. RFXIX - Volatility Comparison

AQR Diversifying Strategies Fund (QDSIX) has a higher volatility of 1.56% compared to Rational Special Situations Income Fund (RFXIX) at 0.37%. This indicates that QDSIX's price experiences larger fluctuations and is considered to be riskier than RFXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDSIX	RFXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.56%	0.37%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	3.73%	0.88%	+2.85%
Volatility (1Y) Calculated over the trailing 1-year period	6.36%	1.56%	+4.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.64%	1.95%	+5.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.39%	2.98%	+4.41%