WPOPX vs. QLEIX
Compare and contrast key facts about Weitz Partners III Opportunity Fund (WPOPX) and AQR Long-Short Equity Fund (QLEIX).
WPOPX is managed by Weitz. It was launched on Dec 29, 2005. QLEIX is managed by AQR Funds. It was launched on Jul 15, 2013.
Performance
WPOPX vs. QLEIX - Performance Comparison
Loading graphics...
WPOPX vs. QLEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WPOPX Weitz Partners III Opportunity Fund | -9.58% | 3.23% | 16.32% | 17.35% | -22.53% | 12.55% | 9.45% | 34.24% | -5.26% | 5.48% |
QLEIX AQR Long-Short Equity Fund | -3.26% | 34.43% | 30.50% | 23.95% | 19.18% | 31.10% | -13.92% | 1.19% | -16.33% | 15.74% |
Returns By Period
In the year-to-date period, WPOPX achieves a -9.58% return, which is significantly lower than QLEIX's -3.26% return. Over the past 10 years, WPOPX has underperformed QLEIX with an annualized return of 5.41%, while QLEIX has yielded a comparatively higher 11.54% annualized return.
WPOPX
- 1D
- 0.86%
- 1M
- -7.28%
- YTD
- -9.58%
- 6M
- -8.92%
- 1Y
- -6.23%
- 3Y*
- 7.33%
- 5Y*
- 0.70%
- 10Y*
- 5.41%
QLEIX
- 1D
- 0.54%
- 1M
- -2.71%
- YTD
- -3.26%
- 6M
- 4.53%
- 1Y
- 19.60%
- 3Y*
- 26.54%
- 5Y*
- 22.51%
- 10Y*
- 11.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WPOPX vs. QLEIX - Expense Ratio Comparison
WPOPX has a 1.43% expense ratio, which is higher than QLEIX's 1.30% expense ratio.
Return for Risk
WPOPX vs. QLEIX — Risk / Return Rank
WPOPX
QLEIX
WPOPX vs. QLEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Partners III Opportunity Fund (WPOPX) 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.
| WPOPX | QLEIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.34 | 2.30 | -2.64 |
Sortino ratioReturn per unit of downside risk | -0.40 | 2.98 | -3.37 |
Omega ratioGain probability vs. loss probability | 0.95 | 1.47 | -0.52 |
Calmar ratioReturn relative to maximum drawdown | -0.64 | 2.88 | -3.52 |
Martin ratioReturn relative to average drawdown | -1.93 | 11.49 | -13.42 |
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
| WPOPX | QLEIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.34 | 2.30 | -2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 2.21 | -2.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 1.10 | -0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 1.11 | -0.72 |
Correlation
The correlation between WPOPX and QLEIX is 0.37, 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
WPOPX vs. QLEIX - Dividend Comparison
WPOPX's dividend yield for the trailing twelve months is around 6.22%, more than QLEIX's 1.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPOPX Weitz Partners III Opportunity Fund | 6.22% | 5.62% | 7.04% | 6.85% | 8.47% | 11.86% | 12.50% | 6.51% | 7.99% | 4.65% | 1.35% | 13.50% |
QLEIX AQR Long-Short Equity Fund | 1.81% | 1.75% | 7.12% | 20.88% | 14.15% | 0.00% | 1.57% | 0.00% | 6.03% | 9.11% | 3.01% | 4.98% |
Drawdowns
WPOPX vs. QLEIX - Drawdown Comparison
The maximum WPOPX drawdown since its inception was -55.70%, which is greater than QLEIX's maximum drawdown of -38.11%. Use the drawdown chart below to compare losses from any high point for WPOPX and QLEIX.
Loading graphics...
Drawdown Indicators
| WPOPX | QLEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.70% | -38.11% | -17.59% |
Max Drawdown (1Y)Largest decline over 1 year | -12.44% | -6.49% | -5.95% |
Max Drawdown (5Y)Largest decline over 5 years | -28.73% | -17.07% | -11.66% |
Max Drawdown (10Y)Largest decline over 10 years | -28.73% | -38.11% | +9.38% |
Current DrawdownCurrent decline from peak | -11.69% | -3.85% | -7.84% |
Average DrawdownAverage peak-to-trough decline | -8.37% | -7.80% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.13% | 1.63% | +2.50% |
Volatility
WPOPX vs. QLEIX - Volatility Comparison
Weitz Partners III Opportunity Fund (WPOPX) has a higher volatility of 4.30% compared to AQR Long-Short Equity Fund (QLEIX) at 1.87%. This indicates that WPOPX'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.
Loading graphics...
Volatility by Period
| WPOPX | QLEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 1.87% | +2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 8.85% | 4.89% | +3.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.09% | 8.63% | +8.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.81% | 10.23% | +5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 10.55% | +5.39% |