QMHIX Performance — AQR Managed Futures Strategy HV Fund, Class I
Data updated: 2026-08-27
QMHIX returned +10.66% year to date and +26.87% over one year to Jun 2026. Annualised returns are +13.30% over 3 years and +16.17% over 5 years. The fund trailed its Commodities category average: $100 invested three years ago grew to $145, against $165 for the category, and to $127 over one year, against $130. Volatility over the past three years was 14.29% a year. In the 12 months to Jun 2026 the fund took in a net $814.4M, and assets reached $1.63B.
QMHIX Growth of $100
What $100 invested in AQR Managed Futures Strategy HV Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | QMHIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $127 | $130 |
| 3 years (Jul 2023 – Jun 2026) | $145 | $165 |
| 5 years (Jul 2021 – Jun 2026) | $212 | $171 |
| Since data start (Jul 2019 – Jun 2026) | $212 | $213 |
QMHIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.66% |
| 1 year | +26.87% |
| 3 years (annualised) | +13.30% |
| 5 years (annualised) | +16.17% |
QMHIX Annual Returns
Calendar-year total returns of AQR Managed Futures Strategy HV Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.66% |
| 2025 | +19.98% |
| 2024 | +11.22% |
| 2023 | −0.58% |
| 2022 | +50.00% |
| 2021 | −2.11% |
| 2020 | −0.65% |
| 2019 (Jul–Dec) | −1.22% |
QMHIX 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 | +6.9% | +4.2% | +2.3% | +1.5% | −0.8% | −3.5% | — | — | — | — | — | — |
| 2025 | +0.5% | +4.9% | +2.3% | −2.2% | −0.9% | +0.2% | +0.9% | +1.7% | +7.3% | +1.8% | −1.4% | +3.8% |
| 2024 | −0.8% | +12.0% | +5.4% | +3.1% | −2.7% | −2.4% | −7.5% | −2.4% | +3.4% | −4.2% | +3.4% | +5.0% |
| 2023 | −4.3% | +6.0% | −8.9% | +3.0% | +6.5% | −0.5% | −3.7% | +4.2% | +6.0% | +2.0% | −6.0% | −3.5% |
| 2022 | +9.2% | +3.8% | +12.8% | +10.7% | −0.1% | +5.7% | −6.1% | +6.4% | +8.1% | −0.6% | −8.6% | +2.3% |
| 2021 | +0.3% | +4.2% | 0.0% | +0.4% | +1.8% | −4.6% | −4.4% | −1.8% | +4.2% | +5.7% | −8.0% | +1.0% |
| 2020 | −2.6% | −0.4% | +8.0% | −0.2% | −0.9% | −3.0% | +1.2% | −2.3% | −2.8% | +3.4% | −5.2% | +5.1% |
| 2019 | — | — | — | — | — | — | +4.7% | +6.6% | −7.6% | −5.4% | −1.4% | +2.6% |
QMHIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.29%
- 3-year Sharpe ratio: 0.62 (vs 4.5% risk-free rate)
- Best month: +12.03% (Feb 2024)
- Worst month: −7.47% (Jul 2024)
QMHIX Fund Flows
Monthly money in and out of AQR Managed Futures Strategy HV Fund, from SEC Form N-PORT.
- 12-month net flow: $814.4M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 4.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $230.9M | $23.5M | $207.4M |
| May 2026 | $165.4M | $27.0M | $138.4M |
| Apr 2026 | $107.0M | $22.7M | $84.3M |
| Mar 2026 | $107.0M | $14.5M | $92.5M |
| Feb 2026 | $64.9M | $13.4M | $51.5M |
| Jan 2026 | $61.1M | $28.0M | $33.1M |
| Dec 2025 | $85.9M | $28.3M | $57.6M |
| Nov 2025 | $45.3M | $5.0M | $40.3M |
| Oct 2025 | $38.1M | $32.2M | $5.9M |
| Sep 2025 | $37.3M | $10.6M | $26.7M |
| Aug 2025 | $36.2M | $25.9M | $10.3M |
| Jul 2025 | $73.7M | $7.4M | $66.3M |
QMHIX Assets Under Management
Net assets of AQR Managed Futures Strategy HV Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.63B |
| 2026-03-31 | $1.25B |
| 2025-12-31 | $934.27M |
| 2025-09-30 | $814.32M |
| 2025-06-30 | $637.03M |
| 2025-03-31 | $534.63M |
| 2024-12-31 | $312.36M |
| 2024-09-30 | $263.42M |
| 2024-06-30 | $247.47M |
| 2024-03-31 | $202.96M |
| 2023-12-31 | $157.73M |
| 2023-09-30 | $175.50M |
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.