ADAIX Performance — AQR Diversified Arbitrage Fund, Class I
Data updated: 2026-08-27
ADAIX returned +3.04% year to date and +6.48% over one year to Jun 2026. Annualised returns are +5.86% over 3 years and +2.91% over 5 years. The fund beat its Event-Driven category average: $100 invested three years ago grew to $119, against $118 for the category, and to $106 over one year, against $106. Volatility over the past three years was 2.19% a year. In the 12 months to Jun 2026 the fund took in a net $689.9M, and assets reached $2.65B.
ADAIX Growth of $100
What $100 invested in AQR Diversified Arbitrage Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Event-Driven category average over the same months.
| Period | ADAIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $119 | $118 |
| 5 years (Jul 2021 – Jun 2026) | $115 | $118 |
| Since data start (Jul 2019 – Jun 2026) | $159 | $137 |
ADAIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.04% |
| 1 year | +6.48% |
| 3 years (annualised) | +5.86% |
| 5 years (annualised) | +2.91% |
ADAIX Annual Returns
Calendar-year total returns of AQR Diversified Arbitrage Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +3.04% |
| 2025 | +8.02% |
| 2024 | +3.19% |
| 2023 | +4.51% |
| 2022 | −3.29% |
| 2021 | +6.27% |
| 2020 | +25.21% |
| 2019 (Jul–Dec) | +2.77% |
ADAIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | −0.1% | +0.2% | +1.3% | +0.7% | +0.1% | — | — | — | — | — | — |
| 2025 | +0.6% | +1.3% | +0.6% | +0.8% | +0.7% | +0.5% | +0.7% | +0.5% | +0.3% | +1.1% | +0.4% | +0.3% |
| 2024 | −0.3% | +0.3% | +1.2% | −0.7% | +0.3% | +0.5% | +1.4% | +1.0% | +0.2% | −0.7% | −0.5% | +0.6% |
| 2023 | +1.0% | +0.1% | −0.2% | −0.2% | −1.0% | +1.5% | +0.9% | +0.5% | +0.2% | −1.2% | +1.4% | +1.4% |
| 2022 | −1.4% | +0.1% | +0.6% | −0.8% | −1.7% | −1.1% | +1.4% | +1.2% | −2.1% | +0.5% | −0.3% | +0.4% |
| 2021 | +5.4% | +3.6% | −3.4% | +0.9% | −0.3% | +0.7% | −0.9% | +0.2% | +0.6% | +0.8% | −0.5% | −0.7% |
| 2020 | +1.0% | +0.6% | −8.1% | +3.5% | +1.3% | +4.8% | +2.1% | +2.5% | +3.0% | −0.6% | +6.1% | +7.4% |
| 2019 | — | — | — | — | — | — | +0.4% | +0.1% | 0.0% | +0.5% | +0.5% | +1.1% |
ADAIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.19%
- 3-year Sharpe ratio: 0.62 (vs 4.5% risk-free rate)
- Best month: +1.43% (Nov 2023)
- Worst month: −1.25% (Oct 2023)
ADAIX Fund Flows
Monthly money in and out of AQR Diversified Arbitrage Fund, from SEC Form N-PORT.
- 12-month net flow: $689.9M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 2.72×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $122.1M | $23.5M | $98.6M |
| May 2026 | $169.7M | $14.8M | $154.9M |
| Apr 2026 | $94.2M | $46.8M | $47.4M |
| Mar 2026 | $55.2M | $22.9M | $32.3M |
| Feb 2026 | $100.9M | $35.2M | $65.7M |
| Jan 2026 | $125.8M | $57.9M | $67.9M |
| Dec 2025 | $106.9M | $33.9M | $73.0M |
| Nov 2025 | $59.8M | $26.8M | $33.0M |
| Oct 2025 | $66.6M | $22.3M | $44.3M |
| Sep 2025 | $44.3M | $18.8M | $25.5M |
| Aug 2025 | $52.7M | $19.8M | $32.9M |
| Jul 2025 | $92.0M | $77.5M | $14.4M |
ADAIX Assets Under Management
Net assets of AQR Diversified Arbitrage Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.65B |
| 2026-03-31 | $2.30B |
| 2025-12-31 | $2.12B |
| 2025-09-30 | $1.97B |
| 2025-06-30 | $1.87B |
| 2025-03-31 | $1.79B |
| 2024-12-31 | $2.02B |
| 2024-09-30 | $1.98B |
| 2024-06-30 | $1.90B |
| 2024-03-31 | $1.84B |
| 2023-12-31 | $1.80B |
| 2023-09-30 | $1.76B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.