QMHIX vs. KMLM
Compare and contrast key facts about AQR Managed Futures Strategy HV Fund (QMHIX) and KFA Mount Lucas Index Strategy ETF (KMLM).
QMHIX is managed by AQR Funds. It was launched on Jul 15, 2013. KMLM is an actively managed fund by CICC. It was launched on Dec 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QMHIX or KMLM.
Correlation
The correlation between QMHIX and KMLM is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QMHIX vs. KMLM - Performance Comparison
Key characteristics
QMHIX:
0.81
KMLM:
-0.51
QMHIX:
1.14
KMLM:
-0.63
QMHIX:
1.15
KMLM:
0.93
QMHIX:
0.63
KMLM:
-0.20
QMHIX:
1.26
KMLM:
-0.72
QMHIX:
9.51%
KMLM:
7.48%
QMHIX:
14.67%
KMLM:
10.49%
QMHIX:
-41.04%
KMLM:
-26.87%
QMHIX:
-4.37%
KMLM:
-26.68%
Returns By Period
In the year-to-date period, QMHIX achieves a 4.18% return, which is significantly higher than KMLM's -4.09% return.
QMHIX
4.18%
3.07%
14.37%
8.53%
11.24%
1.86%
KMLM
-4.09%
-5.60%
-6.14%
-6.53%
N/A
N/A
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QMHIX vs. KMLM - Expense Ratio Comparison
QMHIX has a 1.65% expense ratio, which is higher than KMLM's 0.90% expense ratio.
Risk-Adjusted Performance
QMHIX vs. KMLM — Risk-Adjusted Performance Rank
QMHIX
KMLM
QMHIX vs. KMLM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Managed Futures Strategy HV Fund (QMHIX) and KFA Mount Lucas Index Strategy ETF (KMLM). 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.
Dividends
QMHIX vs. KMLM - Dividend Comparison
QMHIX's dividend yield for the trailing twelve months is around 2.21%, more than KMLM's 0.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QMHIX AQR Managed Futures Strategy HV Fund | 2.21% | 2.30% | 7.69% | 9.34% | 10.97% | 9.52% | 4.18% | 0.00% | 0.00% | 0.01% | 4.78% | 7.68% |
KMLM KFA Mount Lucas Index Strategy ETF | 0.85% | 0.82% | 0.00% | 8.12% | 6.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QMHIX vs. KMLM - Drawdown Comparison
The maximum QMHIX drawdown since its inception was -41.04%, which is greater than KMLM's maximum drawdown of -26.87%. Use the drawdown chart below to compare losses from any high point for QMHIX and KMLM. For additional features, visit the drawdowns tool.
Volatility
QMHIX vs. KMLM - Volatility Comparison
AQR Managed Futures Strategy HV Fund (QMHIX) has a higher volatility of 5.01% compared to KFA Mount Lucas Index Strategy ETF (KMLM) at 3.24%. This indicates that QMHIX's price experiences larger fluctuations and is considered to be riskier than KMLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.