QSPNX vs. TFAFX
Compare and contrast key facts about AQR Style Premia Alternative Fund Class N (QSPNX) and Tactical Growth Allocation Fund (TFAFX).
QSPNX is an actively managed fund by AQR. It was launched on Oct 30, 2013. TFAFX is managed by Tactical Fund Advisors. It was launched on Jun 9, 2019.
Performance
QSPNX vs. TFAFX - Performance Comparison
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QSPNX vs. TFAFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QSPNX AQR Style Premia Alternative Fund Class N | 9.85% | 14.35% | 21.33% | 12.14% | 30.40% | 24.63% | -22.17% | -5.51% |
TFAFX Tactical Growth Allocation Fund | -4.48% | 11.54% | 20.19% | 19.64% | -24.11% | 16.14% | 7.88% | 3.73% |
Returns By Period
In the year-to-date period, QSPNX achieves a 9.85% return, which is significantly higher than TFAFX's -4.48% return.
QSPNX
- 1D
- -0.11%
- 1M
- 3.08%
- YTD
- 9.85%
- 6M
- 12.90%
- 1Y
- 12.64%
- 3Y*
- 19.61%
- 5Y*
- 18.57%
- 10Y*
- 6.77%
TFAFX
- 1D
- 2.32%
- 1M
- -4.63%
- YTD
- -4.48%
- 6M
- -3.59%
- 1Y
- 12.45%
- 3Y*
- 13.13%
- 5Y*
- 5.64%
- 10Y*
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QSPNX vs. TFAFX - Expense Ratio Comparison
QSPNX has a 6.14% expense ratio, which is higher than TFAFX's 1.96% expense ratio.
Return for Risk
QSPNX vs. TFAFX — Risk / Return Rank
QSPNX
TFAFX
QSPNX vs. TFAFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Style Premia Alternative Fund Class N (QSPNX) and Tactical Growth Allocation Fund (TFAFX). 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.
| QSPNX | TFAFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 0.74 | +0.61 |
Sortino ratioReturn per unit of downside risk | 1.85 | 1.07 | +0.78 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.17 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.68 | 1.04 | +0.64 |
Martin ratioReturn relative to average drawdown | 5.06 | 3.80 | +1.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QSPNX | TFAFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 0.74 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.17 | 0.39 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.44 | +0.15 |
Correlation
The correlation between QSPNX and TFAFX is -0.16. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
QSPNX vs. TFAFX - Dividend Comparison
QSPNX's dividend yield for the trailing twelve months is around 2.18%, while TFAFX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QSPNX AQR Style Premia Alternative Fund Class N | 2.18% | 2.39% | 6.80% | 23.73% | 22.62% | 12.61% | 0.00% | 1.63% | 0.51% | 6.81% | 1.75% | 5.68% |
TFAFX Tactical Growth Allocation Fund | 0.00% | 0.00% | 0.00% | 0.20% | 3.71% | 12.30% | 4.64% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QSPNX vs. TFAFX - Drawdown Comparison
The maximum QSPNX drawdown since its inception was -41.79%, which is greater than TFAFX's maximum drawdown of -25.67%. Use the drawdown chart below to compare losses from any high point for QSPNX and TFAFX.
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Drawdown Indicators
| QSPNX | TFAFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.79% | -25.67% | -16.12% |
Max Drawdown (1Y)Largest decline over 1 year | -7.78% | -9.95% | +2.17% |
Max Drawdown (5Y)Largest decline over 5 years | -17.17% | -25.67% | +8.50% |
Max Drawdown (10Y)Largest decline over 10 years | -41.79% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -7.20% | +6.99% |
Average DrawdownAverage peak-to-trough decline | -9.72% | -7.47% | -2.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 3.14% | -0.40% |
Volatility
QSPNX vs. TFAFX - Volatility Comparison
The current volatility for AQR Style Premia Alternative Fund Class N (QSPNX) is 2.64%, while Tactical Growth Allocation Fund (TFAFX) has a volatility of 5.32%. This indicates that QSPNX experiences smaller price fluctuations and is considered to be less risky than TFAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QSPNX | TFAFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 5.32% | -2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 6.59% | 10.45% | -3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.11% | 17.77% | -7.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.93% | 14.79% | +1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.76% | 14.50% | -1.74% |