QLFNX vs. JAKRX

Last updated Jun 5, 2026

QLFNX (AQR LSE Fusion Fund Class N) and JAKRX (John Hancock Disciplined Value Global Long/Short Fund Class A) are both Long-Short funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. QLFNX charges 6.55%/yr vs 1.91%/yr for JAKRX.

Performance

QLFNX vs. JAKRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR LSE Fusion Fund Class N (QLFNX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QLFNX achieves a 0.17% return, which is significantly lower than JAKRX's 12.80% return.

QLFNX

• 1D: -0.33%
• 1M: 5.52%
• YTD: 0.17%
• 6M: 3.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JAKRX

• 1D: -0.44%
• 1M: 1.00%
• YTD: 12.80%
• 6M: 13.69%
• 1Y: 26.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QLFNX vs. JAKRX - Yearly Performance Comparison

	2026 (YTD)	2025
QLFNX AQR LSE Fusion Fund Class N	0.17%	6.71%
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	12.80%	2.81%

Correlation

The correlation between QLFNX and JAKRX is 0.55, 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	0.55

Return for Risk

QLFNX vs. JAKRX — Risk / Return Rank

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

JAKRX

JAKRX Risk / Return Rank: 93
JAKRX Sharpe Ratio Rank: 96
JAKRX Sortino Ratio Rank: 95
JAKRX Omega Ratio Rank: 93
JAKRX Calmar Ratio Rank: 93
JAKRX Martin Ratio Rank: 90

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.

QLFNX vs. JAKRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR LSE Fusion Fund Class N (QLFNX) and John Hancock Disciplined Value Global Long/Short Fund Class A (JAKRX). 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

	QLFNX	JAKRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	3.97	-3.14

Drawdowns

QLFNX vs. JAKRX - Drawdown Comparison

The maximum QLFNX drawdown since its inception was -14.54%, which is greater than JAKRX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for QLFNX and JAKRX.

Drawdown Indicators

	QLFNX	JAKRX	Difference
Max Drawdown Largest peak-to-trough decline	-14.54%	-5.16%	-9.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.16%	—
Current Drawdown Current decline from peak	-1.07%	-0.66%	-0.41%
Average Drawdown Average peak-to-trough decline	-5.67%	-0.80%	-4.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.46%	—

Volatility

Volatility by Period

	QLFNX	JAKRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.88%	7.43%	+8.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	7.29%	+8.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	7.29%	+8.59%

QLFNX vs. JAKRX - Expense Ratio Comparison

QLFNX has a 6.55% expense ratio, which is higher than JAKRX's 1.91% expense ratio.

Dividends

QLFNX vs. JAKRX - Dividend Comparison

QLFNX's dividend yield for the trailing twelve months is around 0.14%, less than JAKRX's 7.18% yield.

Position	TTM	2025
JAKRX John Hancock Disciplined Value Global Long/Short Fund Class A	7.18%	8.10%
QLFNX AQR LSE Fusion Fund Class N	0.14%	0.14%

Frequently Asked Questions

Can I hold both QLFNX and JAKRX in my portfolio?

QLFNX and JAKRX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.