QGMIX Performance — AQR Macro Opportunities Fund, Class I
Data updated: 2026-08-27
QGMIX returned −0.61% year to date and −0.39% over one year to Jun 2026. Annualised returns are +1.51% over 3 years and +3.99% over 5 years. The fund trailed its Managed Futures / Macro category average: $100 invested three years ago grew to $105, against $128 for the category, and to $100 over one year, against $117. Volatility over the past three years was 7.79% a year. In the 12 months to Jun 2026 the fund took in a net $588.2M, and assets reached $1.04B.
QGMIX Growth of $100
What $100 invested in AQR Macro Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Managed Futures / Macro category average over the same months.
| Period | QGMIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $100 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $105 | $128 |
| 5 years (Jul 2021 – Jun 2026) | $122 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $130 | $153 |
QGMIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.61% |
| 1 year | −0.39% |
| 3 years (annualised) | +1.51% |
| 5 years (annualised) | +3.99% |
QGMIX Annual Returns
Calendar-year total returns of AQR Macro Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −0.61% |
| 2025 | +4.00% |
| 2024 | −0.65% |
| 2023 | −0.33% |
| 2022 | +29.28% |
| 2021 | −4.54% |
| 2020 | +1.61% |
| 2019 (Jul–Dec) | +1.54% |
QGMIX 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 | +3.6% | −0.2% | −1.7% | +0.2% | −1.1% | −1.3% | — | — | — | — | — | — |
| 2025 | +0.6% | +3.9% | +2.2% | −5.0% | +0.9% | +1.3% | +0.4% | −0.8% | +2.0% | +0.4% | −2.3% | +0.5% |
| 2024 | −1.3% | +3.4% | +4.1% | +1.1% | −2.4% | −0.9% | −3.4% | −3.7% | −0.4% | −1.6% | +1.6% | +3.3% |
| 2023 | +0.1% | +5.0% | −7.1% | −0.7% | −2.0% | +3.0% | −1.0% | −0.1% | +3.2% | −2.0% | −0.6% | +2.4% |
| 2022 | +2.7% | +3.2% | +4.4% | +3.6% | −2.9% | +4.5% | 0.0% | +6.7% | +4.3% | 0.0% | −2.3% | +2.3% |
| 2021 | +0.2% | +3.2% | +0.2% | −0.3% | −0.8% | +1.3% | −4.3% | −0.7% | +0.4% | −0.6% | −4.9% | +2.0% |
| 2020 | −0.5% | −2.1% | −1.4% | +0.7% | 0.0% | +0.2% | +2.1% | 0.0% | +0.3% | −0.4% | +0.3% | +2.6% |
| 2019 | — | — | — | — | — | — | −0.7% | −0.3% | +0.2% | +0.3% | +1.7% | +0.4% |
QGMIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.79%
- 3-year Sharpe ratio: -0.38 (vs 4.5% risk-free rate)
- Best month: +4.10% (Mar 2024)
- Worst month: −5.00% (Apr 2025)
QGMIX Fund Flows
Monthly money in and out of AQR Macro Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $588.2M
- 12-month gross sales (incl. reinvestments): $609.9M
- Sales ÷ redemptions: 28.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $76.8M | $2.8M | $74.0M |
| May 2026 | $63.1M | $1.5M | $61.6M |
| Apr 2026 | $61.3M | $807K | $60.5M |
| Mar 2026 | $48.1M | $1.1M | $47.0M |
| Feb 2026 | $72.5M | $1.2M | $71.4M |
| Jan 2026 | $55.7M | $664K | $55.1M |
| Dec 2025 | $64.3M | $4.7M | $59.6M |
| Nov 2025 | $38.0M | $821K | $37.2M |
| Oct 2025 | $28.4M | $2.2M | $26.3M |
| Sep 2025 | $30.3M | $752K | $29.6M |
| Aug 2025 | $20.0M | $2.1M | $17.9M |
| Jul 2025 | $51.2M | $3.1M | $48.2M |
QGMIX Assets Under Management
Net assets of AQR Macro Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.04B |
| 2026-03-31 | $863.92M |
| 2025-12-31 | $681.18M |
| 2025-09-30 | $576.23M |
| 2025-06-30 | $471.20M |
| 2025-03-31 | $385.42M |
| 2024-12-31 | $210.13M |
| 2024-09-30 | $181.67M |
| 2024-06-30 | $157.83M |
| 2024-03-31 | $129.07M |
| 2023-12-31 | $104.82M |
| 2023-09-30 | $112.97M |
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.