QSPRX vs. QLFRX

Last updated Apr 2, 2026

Compare and contrast key facts about AQR Style Premia Alternative R6 (QSPRX) and AQR LSE Fusion Fund Class R6 (QLFRX).

QSPRX is an actively managed fund by AQR. It was launched on Sep 2, 2014. QLFRX is an actively managed fund by AQR. It was launched on Jun 25, 2025.

Performance

QSPRX vs. QLFRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Style Premia Alternative R6 (QSPRX) and AQR LSE Fusion Fund Class R6 (QLFRX). The values are adjusted to include any dividend payments, if applicable.

QSPRX vs. QLFRX - Yearly Performance Comparison

	2026 (YTD)	2025
QSPRX AQR Style Premia Alternative R6	9.87%	-1.19%
QLFRX AQR LSE Fusion Fund Class R6	-11.14%	6.80%

Returns By Period

In the year-to-date period, QSPRX achieves a 9.87% return, which is significantly higher than QLFRX's -11.14% return.

QSPRX

• 1D: -0.10%
• 1M: 3.12%
• YTD: 9.87%
• 6M: 13.19%
• 1Y: 13.06%
• 3Y*: 20.04%
• 5Y*: 18.99%
• 10Y*: 7.14%

QLFRX

• 1D: 2.20%
• 1M: -5.73%
• YTD: -11.14%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QSPRX vs. QLFRX - Expense Ratio Comparison

QSPRX has a 5.79% expense ratio, which is lower than QLFRX's 6.20% expense ratio.

QLFRX

AQR LSE Fusion Fund Class R6

QSPRX

AQR Style Premia Alternative R6

Return for Risk

QSPRX vs. QLFRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QSPRX

QSPRX Risk / Return Rank: 59
QSPRX Sharpe Ratio Rank: 69
QSPRX Sortino Ratio Rank: 66
QSPRX Omega Ratio Rank: 56
QSPRX Calmar Ratio Rank: 61
QSPRX Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QSPRX vs. QLFRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Style Premia Alternative R6 (QSPRX) and AQR LSE Fusion Fund Class R6 (QLFRX). 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.

	QSPRX	QLFRX	Difference
Sharpe ratio Return per unit of total volatility	1.39	—	—
Sortino ratio Return per unit of downside risk	1.89	—	—
Omega ratio Gain probability vs. loss probability	1.25	—	—
Calmar ratio Return relative to maximum drawdown	1.74	—	—
Martin ratio Return relative to average drawdown	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.

Sharpe Ratios by Period

	QSPRX	QLFRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.19	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	-0.84	+1.41

Correlation

The correlation between QSPRX and QLFRX is 0.09, 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.

Dividends

QSPRX vs. QLFRX - Dividend Comparison

QSPRX's dividend yield for the trailing twelve months is around 2.39%, more than QLFRX's 0.25% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QSPRX AQR Style Premia Alternative R6	2.39%	2.63%	6.99%	23.75%	22.67%	12.85%	0.00%	1.62%	1.09%	7.15%	1.74%	5.87%
QLFRX AQR LSE Fusion Fund Class R6	0.25%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

QSPRX vs. QLFRX - Drawdown Comparison

The maximum QSPRX drawdown since its inception was -41.22%, which is greater than QLFRX's maximum drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for QSPRX and QLFRX.

Drawdown Indicators

	QSPRX	QLFRX	Difference
Max Drawdown Largest peak-to-trough decline	-41.22%	-14.53%	-26.69%
Max Drawdown (1Y) Largest decline over 1 year	-7.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.17%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.22%	—	—
Current Drawdown Current decline from peak	-0.21%	-12.23%	+12.02%
Average Drawdown Average peak-to-trough decline	-10.21%	-5.09%	-5.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	—	—

Volatility

Volatility by Period

	QSPRX	QLFRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.11%	15.99%	-5.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.00%	15.99%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.80%	15.99%	-3.19%