RSEE vs. QLEIX
Compare and contrast key facts about Rareview Systematic Equity ETF (RSEE) and AQR Long-Short Equity Fund (QLEIX).
RSEE is an actively managed fund by Rareview Funds. It was launched on Jan 20, 2022. QLEIX is managed by AQR Funds. It was launched on Jul 15, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSEE or QLEIX.
Correlation
The correlation between RSEE and QLEIX is 0.25, 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.
Performance
RSEE vs. QLEIX - Performance Comparison
Key characteristics
RSEE:
1.42
QLEIX:
4.25
RSEE:
1.95
QLEIX:
5.85
RSEE:
1.27
QLEIX:
1.86
RSEE:
2.24
QLEIX:
5.61
RSEE:
8.93
QLEIX:
27.53
RSEE:
2.52%
QLEIX:
1.16%
RSEE:
15.84%
QLEIX:
7.52%
RSEE:
-15.83%
QLEIX:
-42.90%
RSEE:
-0.24%
QLEIX:
-0.69%
Returns By Period
In the year-to-date period, RSEE achieves a 5.93% return, which is significantly lower than QLEIX's 7.05% return.
RSEE
5.93%
2.78%
8.25%
23.08%
N/A
N/A
QLEIX
7.05%
3.94%
16.55%
31.69%
17.58%
9.16%
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RSEE vs. QLEIX - Expense Ratio Comparison
RSEE has a 1.27% expense ratio, which is lower than QLEIX's 1.30% expense ratio.
Risk-Adjusted Performance
RSEE vs. QLEIX — Risk-Adjusted Performance Rank
RSEE
QLEIX
RSEE vs. QLEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rareview Systematic Equity ETF (RSEE) and AQR Long-Short Equity Fund (QLEIX). 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
RSEE vs. QLEIX - Dividend Comparison
RSEE's dividend yield for the trailing twelve months is around 8.51%, more than QLEIX's 6.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSEE Rareview Systematic Equity ETF | 8.51% | 9.02% | 0.84% | 1.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QLEIX AQR Long-Short Equity Fund | 6.65% | 7.12% | 20.80% | 10.30% | 0.00% | 0.00% | 0.00% | 0.37% | 4.04% | 1.86% | 4.82% | 8.00% |
Drawdowns
RSEE vs. QLEIX - Drawdown Comparison
The maximum RSEE drawdown since its inception was -15.83%, smaller than the maximum QLEIX drawdown of -42.90%. Use the drawdown chart below to compare losses from any high point for RSEE and QLEIX. For additional features, visit the drawdowns tool.
Volatility
RSEE vs. QLEIX - Volatility Comparison
Rareview Systematic Equity ETF (RSEE) has a higher volatility of 4.17% compared to AQR Long-Short Equity Fund (QLEIX) at 1.71%. This indicates that RSEE's price experiences larger fluctuations and is considered to be riskier than QLEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.