QLFIX vs. ASILX

Last updated Jun 5, 2026

QLFIX (AQR LSE Fusion Fund Class I) and ASILX (AB Select US Long/Short Portfolio) are both Long-Short funds. A 0.69 correlation means they provide meaningful diversification when combined. QLFIX charges 6.30%/yr vs 1.55%/yr for ASILX.

Performance

QLFIX vs. ASILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR LSE Fusion Fund Class I (QLFIX) and AB Select US Long/Short Portfolio (ASILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QLFIX achieves a 0.25% return, which is significantly lower than ASILX's 4.55% return.

QLFIX

• 1D: -0.25%
• 1M: 5.60%
• YTD: 0.25%
• 6M: 3.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASILX

• 1D: -0.39%
• 1M: 2.02%
• YTD: 4.55%
• 6M: 4.68%
• 1Y: 13.25%
• 3Y*: 13.21%
• 5Y*: 7.82%
• 10Y*: 9.09%

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

QLFIX vs. ASILX - Yearly Performance Comparison

	2026 (YTD)	2025
QLFIX AQR LSE Fusion Fund Class I	0.25%	6.78%
ASILX AB Select US Long/Short Portfolio	4.55%	1.24%

Correlation

The correlation between QLFIX and ASILX is 0.69, 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 7, 2025	0.69

Return for Risk

QLFIX vs. ASILX — Risk / Return Rank

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

ASILX

ASILX Risk / Return Rank: 76
ASILX Sharpe Ratio Rank: 74
ASILX Sortino Ratio Rank: 72
ASILX Omega Ratio Rank: 73
ASILX Calmar Ratio Rank: 81
ASILX Martin Ratio Rank: 79

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.

QLFIX vs. ASILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR LSE Fusion Fund Class I (QLFIX) and AB Select US Long/Short Portfolio (ASILX). 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.

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

Sharpe Ratios by Period

	QLFIX	ASILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.48	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.99	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.96	-0.11

Drawdowns

QLFIX vs. ASILX - Drawdown Comparison

The maximum QLFIX drawdown since its inception was -14.53%, smaller than the maximum ASILX drawdown of -18.36%. Use the drawdown chart below to compare losses from any high point for QLFIX and ASILX.

Drawdown Indicators

	QLFIX	ASILX	Difference
Max Drawdown Largest peak-to-trough decline	-14.53%	-18.36%	+3.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.36%	—
Current Drawdown Current decline from peak	-0.99%	-0.39%	-0.60%
Average Drawdown Average peak-to-trough decline	-5.66%	-2.46%	-3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.91%	—

Volatility

Volatility by Period

	QLFIX	ASILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.79%	5.33%	+10.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.79%	7.96%	+7.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.79%	9.29%	+6.50%

QLFIX vs. ASILX - Expense Ratio Comparison

QLFIX has a 6.30% expense ratio, which is higher than ASILX's 1.55% expense ratio.

Dividends

QLFIX vs. ASILX - Dividend Comparison

QLFIX's dividend yield for the trailing twelve months is around 0.21%, less than ASILX's 12.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASILX AB Select US Long/Short Portfolio	12.58%	13.15%	7.18%	1.41%	6.51%	11.92%	4.28%	3.54%	8.71%	5.03%	0.00%	3.35%
QLFIX AQR LSE Fusion Fund Class I	0.21%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QLFIX and ASILX in my portfolio?

QLFIX and ASILX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.