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QNZIX vs. QDSIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QNZIX and QDSIX is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

QNZIX vs. QDSIX

Last updated Jun 1, 2025

Compare and contrast key facts about AQR Sustainable Long-Short Equity Carbon Aware Fund (QNZIX) and AQR Diversifying Strategies Fund (QDSIX).

QNZIX is managed by AQR Funds. It was launched on Dec 15, 2021. QDSIX is managed by AQR Funds. It was launched on Jun 7, 2020.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QNZIX or QDSIX.

Performance

QNZIX vs. QDSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Sustainable Long-Short Equity Carbon Aware Fund (QNZIX) and AQR Diversifying Strategies Fund (QDSIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QNZIX:

1.04

QDSIX:

1.01

Sortino Ratio

QNZIX:

1.36

QDSIX:

1.16

Omega Ratio

QNZIX:

1.20

QDSIX:

1.19

Calmar Ratio

QNZIX:

1.06

QDSIX:

0.94

Martin Ratio

QNZIX:

4.16

QDSIX:

2.95

Ulcer Index

QNZIX:

3.45%

QDSIX:

2.19%

Daily Std Dev

QNZIX:

14.16%

QDSIX:

7.02%

Max Drawdown

QNZIX:

-18.35%

QDSIX:

-7.06%

Current Drawdown

QNZIX:

-3.18%

QDSIX:

-0.30%

Returns By Period

In the year-to-date period, QNZIX achieves a 3.87% return, which is significantly lower than QDSIX's 6.90% return.

QNZIX

YTD

3.87%

1M

3.17%

6M

6.15%

1Y

14.62%

3Y*

18.34%

5Y*

N/A

10Y*

N/A

QDSIX

YTD

6.90%

1M

1.86%

6M

8.25%

1Y

7.05%

3Y*

9.70%

5Y*

N/A

10Y*

N/A

*Annualized

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AQR Sustainable Long-Short Equity Carbon Aware Fund

AQR Diversifying Strategies Fund

QNZIX vs. QDSIX - Expense Ratio Comparison

QNZIX has a 1.31% expense ratio, which is higher than QDSIX's 0.20% expense ratio.

QNZIX
AQR Sustainable Long-Short Equity Carbon Aware Fund
QDSIX
AQR Diversifying Strategies Fund
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

QNZIX vs. QDSIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QNZIX
The Risk-Adjusted Performance Rank of QNZIX is 7676
Overall Rank
The Sharpe Ratio Rank of QNZIX is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of QNZIX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of QNZIX is 7676
Omega Ratio Rank
The Calmar Ratio Rank of QNZIX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of QNZIX is 7878
Martin Ratio Rank
QDSIX
The Risk-Adjusted Performance Rank of QDSIX is 6969
Overall Rank
The Sharpe Ratio Rank of QDSIX is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of QDSIX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of QDSIX is 7373
Omega Ratio Rank
The Calmar Ratio Rank of QDSIX is 7676
Calmar Ratio Rank
The Martin Ratio Rank of QDSIX is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QNZIX vs. QDSIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Sustainable Long-Short Equity Carbon Aware Fund (QNZIX) and AQR Diversifying Strategies Fund (QDSIX). 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.

The current QNZIX Sharpe Ratio is 1.04, which is comparable to the QDSIX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of QNZIX and QDSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

QNZIX vs. QDSIX - Dividend Comparison

QNZIX's dividend yield for the trailing twelve months is around 16.19%, more than QDSIX's 3.00% yield.

TTM20242023202220212020
QNZIX
AQR Sustainable Long-Short Equity Carbon Aware Fund		16.19%16.81%23.32%2.14%0.00%0.00%
QDSIX
AQR Diversifying Strategies Fund		3.00%3.21%11.35%8.21%6.06%1.93%

Drawdowns

QNZIX vs. QDSIX - Drawdown Comparison

The maximum QNZIX drawdown since its inception was -18.35%, which is greater than QDSIX's maximum drawdown of -7.06%. Use the drawdown chart below to compare losses from any high point for QNZIX and QDSIX.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

QNZIX vs. QDSIX - Volatility Comparison

AQR Sustainable Long-Short Equity Carbon Aware Fund (QNZIX) has a higher volatility of 2.46% compared to AQR Diversifying Strategies Fund (QDSIX) at 1.20%. This indicates that QNZIX's price experiences larger fluctuations and is considered to be riskier than QDSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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