ARCNX Performance — AQR Risk-Balanced Commodities Strategy Fund, Class N
Data updated: 2026-08-27
ARCNX returned +9.51% year to date and +25.93% over one year to Jun 2026. Annualised returns are +12.81% over 3 years and +13.04% over 5 years. The fund trailed its Commodities category average: $100 invested three years ago grew to $144, against $165 for the category, and to $126 over one year, against $130. Volatility over the past three years was 12.82% a year. In the 12 months to Jun 2026 the fund took in a net $678.3M, and assets reached $1.58B.
ARCNX Growth of $100
What $100 invested in AQR Risk-Balanced Commodities Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | ARCNX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $126 | $130 |
| 3 years (Jul 2023 – Jun 2026) | $144 | $165 |
| 5 years (Jul 2021 – Jun 2026) | $185 | $171 |
| Since data start (Jul 2019 – Jun 2026) | $285 | $213 |
ARCNX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.51% |
| 1 year | +25.93% |
| 3 years (annualised) | +12.81% |
| 5 years (annualised) | +13.04% |
ARCNX Annual Returns
Calendar-year total returns of AQR Risk-Balanced Commodities Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.51% |
| 2025 | +20.66% |
| 2024 | +7.20% |
| 2023 | −0.51% |
| 2022 | +21.01% |
| 2021 | +39.34% |
| 2020 | +8.11% |
| 2019 (Jul–Dec) | +11.10% |
ARCNX 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 | +8.1% | +2.0% | +6.6% | +3.3% | −0.9% | −9.0% | — | — | — | — | — | — |
| 2025 | +5.5% | −1.4% | +4.2% | −5.6% | +0.5% | +2.2% | +1.0% | +3.1% | +2.5% | +3.1% | +2.6% | +1.8% |
| 2024 | −0.9% | −3.5% | +6.6% | +4.5% | +2.1% | −2.6% | −4.8% | +1.1% | +5.8% | −1.4% | 0.0% | +0.7% |
| 2023 | +4.0% | −4.7% | +2.3% | −1.2% | −5.7% | +4.0% | +5.5% | −1.0% | −2.1% | +1.4% | +0.4% | −2.6% |
| 2022 | +6.2% | +8.2% | +11.3% | +0.3% | −1.2% | −7.7% | 0.0% | −1.4% | −4.5% | +1.3% | +6.2% | +2.1% |
| 2021 | +3.0% | +8.3% | −2.1% | +12.2% | +4.8% | +0.2% | +0.7% | +0.1% | −0.7% | +5.5% | −4.8% | +7.6% |
| 2020 | −7.8% | −6.1% | −14.4% | +0.2% | +3.2% | +3.5% | +8.7% | +5.4% | −1.4% | +0.5% | +9.1% | +10.0% |
| 2019 | — | — | — | — | — | — | −0.3% | −0.2% | +1.7% | +4.2% | −2.6% | +8.2% |
ARCNX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.82%
- 3-year Sharpe ratio: 0.65 (vs 4.5% risk-free rate)
- Best month: +8.08% (Jan 2026)
- Worst month: −9.01% (Jun 2026)
ARCNX Fund Flows
Monthly money in and out of AQR Risk-Balanced Commodities Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: $678.3M
- 12-month gross sales (incl. reinvestments): $1.2B
- Sales ÷ redemptions: 2.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $47.2M | $81.1M | −$33.8M |
| May 2026 | $98.1M | $39.3M | $58.9M |
| Apr 2026 | $100.8M | $76.8M | $24.0M |
| Mar 2026 | $112.9M | $42.7M | $70.2M |
| Feb 2026 | $117.4M | $31.8M | $85.6M |
| Jan 2026 | $154.5M | $38.8M | $115.7M |
| Dec 2025 | $180.9M | $61.4M | $119.4M |
| Nov 2025 | $25.9M | $18.1M | $7.8M |
| Oct 2025 | $84.0M | $11.6M | $72.4M |
| Sep 2025 | $130.6M | $27.2M | $103.4M |
| Aug 2025 | $52.9M | $43.9M | $9.0M |
| Jul 2025 | $55.7M | $9.9M | $45.7M |
ARCNX Assets Under Management
Net assets of AQR Risk-Balanced Commodities Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.58B |
| 2026-03-31 | $1.65B |
| 2025-12-31 | $1.15B |
| 2025-09-30 | $1.01B |
| 2025-06-30 | $795.87M |
| 2025-03-31 | $729.60M |
| 2024-12-31 | $762.06M |
| 2024-09-30 | $671.34M |
| 2024-06-30 | $551.33M |
| 2024-03-31 | $409.15M |
| 2023-12-31 | $459.96M |
| 2023-09-30 | $480.80M |
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.