QMHNX vs. PQTPX
Compare and contrast key facts about AQR Managed Futures Strategy HV Fund Class N (QMHNX) and PIMCO TRENDS Managed Futures Strategy Fund (PQTPX).
QMHNX is an actively managed fund by AQR. It was launched on Jul 16, 2013. PQTPX is managed by PIMCO. It was launched on Dec 30, 2013.
Performance
QMHNX vs. PQTPX - Performance Comparison
Loading graphics...
QMHNX vs. PQTPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QMHNX AQR Managed Futures Strategy HV Fund Class N | 13.82% | 19.65% | 10.48% | -0.40% | 49.64% | -2.30% | -0.85% | 1.55% | -14.59% | -2.06% |
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 3.86% | 2.41% | -3.08% | -4.21% | 11.37% | 14.83% | 9.72% | 2.83% | 2.30% | 2.21% |
Returns By Period
In the year-to-date period, QMHNX achieves a 13.82% return, which is significantly higher than PQTPX's 3.86% return. Over the past 10 years, QMHNX has outperformed PQTPX with an annualized return of 4.69%, while PQTPX has yielded a comparatively lower 3.67% annualized return.
QMHNX
- 1D
- -0.62%
- 1M
- 1.71%
- YTD
- 13.82%
- 6M
- 18.02%
- 1Y
- 25.90%
- 3Y*
- 17.50%
- 5Y*
- 16.03%
- 10Y*
- 4.69%
PQTPX
- 1D
- -0.72%
- 1M
- -2.39%
- YTD
- 3.86%
- 6M
- 9.10%
- 1Y
- 11.41%
- 3Y*
- 1.82%
- 5Y*
- 4.08%
- 10Y*
- 3.67%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QMHNX vs. PQTPX - Expense Ratio Comparison
QMHNX has a 4.12% expense ratio, which is higher than PQTPX's 1.51% expense ratio.
Return for Risk
QMHNX vs. PQTPX — Risk / Return Rank
QMHNX
PQTPX
QMHNX vs. PQTPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Managed Futures Strategy HV Fund Class N (QMHNX) and PIMCO TRENDS Managed Futures Strategy Fund (PQTPX). 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.
| QMHNX | PQTPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.89 | 1.30 | +0.59 |
Sortino ratioReturn per unit of downside risk | 2.32 | 1.78 | +0.55 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.23 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 3.27 | 1.41 | +1.86 |
Martin ratioReturn relative to average drawdown | 8.68 | 3.42 | +5.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QMHNX | PQTPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.30 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.42 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.39 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.45 | -0.10 |
Correlation
The correlation between QMHNX and PQTPX is 0.65, 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.
Dividends
QMHNX vs. PQTPX - Dividend Comparison
QMHNX's dividend yield for the trailing twelve months is around 1.66%, while PQTPX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QMHNX AQR Managed Futures Strategy HV Fund Class N | 1.66% | 1.89% | 2.09% | 7.36% | 8.75% | 10.64% | 7.79% | 3.80% | 0.00% | 0.00% | 0.01% | 7.47% |
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 14.80% | 2.40% | 5.63% | 2.49% | 0.32% | 0.20% | 0.00% | 7.57% |
Drawdowns
QMHNX vs. PQTPX - Drawdown Comparison
The maximum QMHNX drawdown since its inception was -40.29%, which is greater than PQTPX's maximum drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for QMHNX and PQTPX.
Loading graphics...
Drawdown Indicators
| QMHNX | PQTPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.29% | -27.86% | -12.43% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -8.02% | -0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | -27.86% | +8.63% |
Max Drawdown (10Y)Largest decline over 10 years | -35.34% | -27.86% | -7.48% |
Current DrawdownCurrent decline from peak | -1.23% | -13.32% | +12.09% |
Average DrawdownAverage peak-to-trough decline | -18.52% | -9.37% | -9.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 3.31% | -0.15% |
Volatility
QMHNX vs. PQTPX - Volatility Comparison
AQR Managed Futures Strategy HV Fund Class N (QMHNX) has a higher volatility of 4.04% compared to PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) at 3.63%. This indicates that QMHNX's price experiences larger fluctuations and is considered to be riskier than PQTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QMHNX | PQTPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.04% | 3.63% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.99% | 6.73% | +3.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.17% | 8.75% | +5.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.22% | 9.87% | +7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.46% | 9.36% | +6.10% |