QLEIX Performance — AQR Long-Short Equity Fund, Class I
Data updated: 2026-08-27
QLEIX returned −3.54% year to date and +10.20% over one year to Jun 2026. Annualised returns are +24.42% over 3 years and +22.19% over 5 years. Against its Global Mid-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $193, against $147 for the category, and to $110 over one year, against $118. Volatility over the past three years was 7.94% a year. In the 12 months to Jun 2026 the fund took in a net $2.2B, and assets reached $7.86B.
QLEIX Growth of $100
What $100 invested in AQR Long-Short Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Blend category average over the same months.
| Period | QLEIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $110 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $193 | $147 |
| 5 years (Jul 2021 – Jun 2026) | $272 | $150 |
| Since data start (Jul 2019 – Jun 2026) | $289 | $193 |
QLEIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −3.54% |
| 1 year | +10.20% |
| 3 years (annualised) | +24.42% |
| 5 years (annualised) | +22.19% |
QLEIX Annual Returns
Calendar-year total returns of AQR Long-Short Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −3.54% |
| 2025 | +34.43% |
| 2024 | +30.06% |
| 2023 | +24.38% |
| 2022 | +19.11% |
| 2021 | +31.10% |
| 2020 | −13.91% |
| 2019 (Jul–Dec) | +2.59% |
QLEIX 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 | −1.2% | +0.6% | −2.4% | +0.1% | +2.4% | −3.0% | — | — | — | — | — | — |
| 2025 | +4.2% | +3.9% | +0.5% | +1.7% | +4.1% | +2.2% | −1.0% | +3.2% | +3.5% | +1.6% | +1.7% | +4.6% |
| 2024 | +5.5% | +1.8% | +6.3% | +1.8% | +4.5% | −1.0% | −0.2% | +0.6% | +0.3% | +0.9% | +5.1% | +1.2% |
| 2023 | +3.7% | +2.5% | −2.3% | +1.3% | −1.8% | +5.4% | +3.7% | +2.7% | +4.2% | +1.0% | +3.3% | −1.3% |
| 2022 | +9.5% | +1.0% | −0.1% | +3.6% | +7.1% | −8.0% | −2.5% | −2.7% | −3.7% | +7.7% | +5.6% | +1.8% |
| 2021 | +2.6% | +4.0% | +11.6% | +2.1% | +4.5% | −5.3% | +1.0% | −1.2% | −0.4% | +0.1% | +0.9% | +8.6% |
| 2020 | −1.5% | −7.3% | −8.2% | +1.6% | −3.7% | +3.0% | +0.4% | +2.2% | −1.7% | −3.8% | +3.3% | +1.7% |
| 2019 | — | — | — | — | — | — | +0.5% | −1.1% | +1.3% | +1.7% | +0.5% | −0.4% |
QLEIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.94%
- 3-year Sharpe ratio: 2.51 (vs 4.5% risk-free rate)
- Best month: +6.28% (Mar 2024)
- Worst month: −2.99% (Jun 2026)
QLEIX Fund Flows
Monthly money in and out of AQR Long-Short Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $2.2B
- 12-month gross sales (incl. reinvestments): $5.7B
- Sales ÷ redemptions: 1.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $301.5M | $341.2M | −$39.7M |
| May 2026 | $349.9M | $395.2M | −$45.2M |
| Apr 2026 | $392.0M | $468.8M | −$76.8M |
| Mar 2026 | $419.5M | $346.3M | $73.2M |
| Feb 2026 | $481.1M | $367.3M | $113.9M |
| Jan 2026 | $873.8M | $691.4M | $182.4M |
| Dec 2025 | $853.3M | $171.1M | $682.2M |
| Nov 2025 | $433.4M | $113.9M | $319.5M |
| Oct 2025 | $439.6M | $129.8M | $309.8M |
| Sep 2025 | $419.3M | $95.4M | $323.9M |
| Aug 2025 | $390.3M | $100.3M | $290.1M |
| Jul 2025 | $378.0M | $302.3M | $75.7M |
QLEIX Assets Under Management
Net assets of AQR Long-Short Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $7.86B |
| 2026-03-31 | $8.07B |
| 2025-12-31 | $7.95B |
| 2025-09-30 | $6.22B |
| 2025-06-30 | $5.21B |
| 2025-03-31 | $3.47B |
| 2024-12-31 | $2.24B |
| 2024-09-30 | $1.97B |
| 2024-06-30 | $1.89B |
| 2024-03-31 | $1.43B |
| 2023-12-31 | $953.31M |
| 2023-09-30 | $892.72M |
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.