QLFNX vs. QLFIX

Last updated Apr 1, 2026

Compare and contrast key facts about AQR LSE Fusion Fund Class N (QLFNX) and AQR LSE Fusion Fund Class I (QLFIX).

QLFNX is an actively managed fund by AQR. It was launched on Jun 25, 2025. QLFIX is an actively managed fund by AQR. It was launched on Jun 25, 2025.

Performance

QLFNX vs. QLFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR LSE Fusion Fund Class N (QLFNX) and AQR LSE Fusion Fund Class I (QLFIX). The values are adjusted to include any dividend payments, if applicable.

QLFNX vs. QLFIX - Yearly Performance Comparison

	2026 (YTD)	2025
QLFNX AQR LSE Fusion Fund Class N	-13.14%	6.71%
QLFIX AQR LSE Fusion Fund Class I	-13.13%	6.78%

Returns By Period

The year-to-date returns for both investments are quite close, with QLFNX having a -13.14% return and QLFIX slightly higher at -13.13%.

QLFNX

• 1D: 0.38%
• 1M: -8.82%
• YTD: -13.14%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QLFIX

• 1D: 0.38%
• 1M: -8.81%
• YTD: -13.13%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QLFNX vs. QLFIX - Expense Ratio Comparison

QLFNX has a 6.55% expense ratio, which is higher than QLFIX's 6.30% expense ratio.

QLFNX

AQR LSE Fusion Fund Class N

QLFIX

AQR LSE Fusion Fund Class I

Return for Risk

QLFNX vs. QLFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR LSE Fusion Fund Class N (QLFNX) and AQR LSE Fusion Fund Class I (QLFIX). 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	QLFIX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.22	-1.22	0.00

Correlation

The correlation between QLFNX and QLFIX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QLFNX vs. QLFIX - Dividend Comparison

QLFNX's dividend yield for the trailing twelve months is around 0.16%, less than QLFIX's 0.25% yield.

	TTM	2025
QLFNX AQR LSE Fusion Fund Class N	0.16%	0.14%
QLFIX AQR LSE Fusion Fund Class I	0.25%	0.21%

Drawdowns

QLFNX vs. QLFIX - Drawdown Comparison

The maximum QLFNX drawdown since its inception was -14.54%, roughly equal to the maximum QLFIX drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for QLFNX and QLFIX.

Drawdown Indicators

	QLFNX	QLFIX	Difference
Max Drawdown Largest peak-to-trough decline	-14.54%	-14.53%	-0.01%
Current Drawdown Current decline from peak	-14.22%	-14.20%	-0.02%
Average Drawdown Average peak-to-trough decline	-5.03%	-5.02%	-0.01%

Volatility

Volatility by Period

	QLFNX	QLFIX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.65%	15.55%	+0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.65%	15.55%	+0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.65%	15.55%	+0.10%