QLENX vs. CLOI

In the year-to-date period, QLENX achieves a 13.28% return, which is significantly higher than CLOI's 2.03% return.

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QLENX has a 5.18% expense ratio, which is higher than CLOI's 0.40% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for AQR Long-Short Equity N (QLENX) and VanEck CLO ETF (CLOI). 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.

The current QLENX Sharpe Ratio is 2.50, which is higher than the CLOI Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of QLENX and CLOI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

QLENX's dividend yield for the trailing twelve months is around 6.30%, which matches CLOI's 6.34% yield.

The maximum QLENX drawdown since its inception was -39.59%, which is greater than CLOI's maximum drawdown of -3.25%. Use the drawdown chart below to compare losses from any high point for QLENX and CLOI. For additional features, visit the drawdowns tool.

AQR Long-Short Equity N (QLENX) has a higher volatility of 1.99% compared to VanEck CLO ETF (CLOI) at 0.82%. This indicates that QLENX's price experiences larger fluctuations and is considered to be riskier than CLOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.