QDSNX vs. BAMBX
Compare and contrast key facts about AQR Diversifying Strategies Fund Class N (QDSNX) and BlackRock Systematic Multi-Strategy Fund (BAMBX).
QDSNX is an actively managed fund by AQR Funds. It was launched on Jun 8, 2020. BAMBX is a passively managed fund by BlackRock that tracks the performance of the ICE BofA 3 Month Treasury Bill Index (G0O1) (USD). It was launched on Sep 29, 2020.
Performance
QDSNX vs. BAMBX - Performance Comparison
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QDSNX vs. BAMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QDSNX AQR Diversifying Strategies Fund Class N | 3.15% | 16.14% | 9.56% | 8.62% | 14.48% | 10.35% | 5.40% |
BAMBX BlackRock Systematic Multi-Strategy Fund | 1.16% | 4.59% | 6.61% | 6.19% | -3.23% | 5.84% | -1.29% |
Returns By Period
In the year-to-date period, QDSNX achieves a 3.15% return, which is significantly higher than BAMBX's 1.16% return.
QDSNX
- 1D
- 0.35%
- 1M
- -0.83%
- YTD
- 3.15%
- 6M
- 5.90%
- 1Y
- 11.69%
- 3Y*
- 12.58%
- 5Y*
- 10.95%
- 10Y*
- —
BAMBX
- 1D
- 0.19%
- 1M
- -2.60%
- YTD
- 1.16%
- 6M
- 3.04%
- 1Y
- 2.95%
- 3Y*
- 6.31%
- 5Y*
- 3.91%
- 10Y*
- 4.45%
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QDSNX vs. BAMBX - Expense Ratio Comparison
QDSNX has a 3.30% expense ratio, which is higher than BAMBX's 1.20% expense ratio.
Return for Risk
QDSNX vs. BAMBX — Risk / Return Rank
QDSNX
BAMBX
QDSNX vs. BAMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Diversifying Strategies Fund Class N (QDSNX) and BlackRock Systematic Multi-Strategy Fund (BAMBX). 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.
| QDSNX | BAMBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.95 | 0.74 | +1.22 |
Sortino ratioReturn per unit of downside risk | 2.47 | 1.09 | +1.38 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.13 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 2.26 | 0.90 | +1.36 |
Martin ratioReturn relative to average drawdown | 9.64 | 3.15 | +6.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QDSNX | BAMBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 0.74 | +1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.44 | 1.10 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.59 | 1.36 | +0.24 |
Correlation
The correlation between QDSNX and BAMBX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
QDSNX vs. BAMBX - Dividend Comparison
QDSNX's dividend yield for the trailing twelve months is around 1.93%, which matches BAMBX's 1.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
QDSNX AQR Diversifying Strategies Fund Class N | 1.93% | 1.99% | 0.00% | 11.18% | 8.01% | 5.99% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% |
BAMBX BlackRock Systematic Multi-Strategy Fund | 1.94% | 1.97% | 3.86% | 4.13% | 4.70% | 2.39% | 1.09% | 3.73% | 8.70% | 3.81% | 4.82% |
Drawdowns
QDSNX vs. BAMBX - Drawdown Comparison
The maximum QDSNX drawdown since its inception was -7.15%, smaller than the maximum BAMBX drawdown of -8.84%. Use the drawdown chart below to compare losses from any high point for QDSNX and BAMBX.
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Drawdown Indicators
| QDSNX | BAMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.15% | -8.84% | +1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -5.48% | -3.61% | -1.87% |
Max Drawdown (5Y)Largest decline over 5 years | -7.15% | -6.66% | -0.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.84% | — |
Current DrawdownCurrent decline from peak | -0.96% | -2.97% | +2.01% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -1.21% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 1.03% | +0.27% |
Volatility
QDSNX vs. BAMBX - Volatility Comparison
AQR Diversifying Strategies Fund Class N (QDSNX) has a higher volatility of 1.61% compared to BlackRock Systematic Multi-Strategy Fund (BAMBX) at 1.51%. This indicates that QDSNX's price experiences larger fluctuations and is considered to be riskier than BAMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDSNX | BAMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 1.51% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 3.69% | 2.83% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.32% | 4.02% | +2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.63% | 3.56% | +4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.37% | 3.54% | +3.83% |