QNZRX Performance — AQR Trend Total Return Fund, Class R6
Data updated: 2026-08-27
QNZRX returned +12.59% year to date and +30.46% over one year to Jun 2026. The annualised 3-year return is +29.02%. The fund beat its Market Neutral category average: $100 invested three years ago grew to $215, against $139 for the category, and to $130 over one year, against $113. Volatility over the past three years was 9.32% a year. In the 12 months to Jun 2026 the fund took in a net $303.9M, and assets reached $391.81M.
QNZRX Growth of $100
What $100 invested in AQR Trend Total Return Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Market Neutral category average over the same months.
| Period | QNZRX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $130 | $113 |
| 3 years (Jul 2023 – Jun 2026) | $215 | $139 |
| Since data start (Oct 2021 – Jun 2026) | $270 | $143 |
QNZRX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.59% |
| 1 year | +30.46% |
| 3 years (annualised) | +29.02% |
QNZRX Annual Returns
Calendar-year total returns of AQR Trend Total Return Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +12.59% |
| 2025 | +23.41% |
| 2024 | +34.89% |
| 2023 | +23.64% |
| 2022 | +15.62% |
| 2021 (Oct–Dec) | +0.80% |
QNZRX 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 | +6.2% | +1.7% | −0.9% | +6.0% | +2.2% | −2.9% | — | — | — | — | — | — |
| 2025 | +2.0% | +2.5% | −1.4% | −1.8% | +2.7% | +2.5% | +1.4% | +1.8% | +7.2% | +2.0% | +0.4% | +2.3% |
| 2024 | +5.9% | +1.7% | +7.7% | +0.8% | +5.2% | −0.4% | +1.1% | +0.9% | +3.6% | −3.3% | +5.3% | +2.2% |
| 2023 | +5.1% | +1.5% | −2.8% | +1.2% | −2.8% | +5.8% | +3.8% | +1.7% | +3.0% | +0.1% | +5.1% | 0.0% |
| 2022 | +10.3% | −0.5% | +1.1% | +2.8% | +5.7% | −8.4% | −0.5% | −4.4% | −5.2% | +9.2% | +6.4% | +0.1% |
| 2021 | — | — | — | — | — | — | — | — | — | 0.0% | 0.0% | +0.8% |
QNZRX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.32%
- 3-year Sharpe ratio: 2.63 (vs 4.5% risk-free rate)
- Best month: +7.73% (Mar 2024)
- Worst month: −3.31% (Oct 2024)
QNZRX Fund Flows
Monthly money in and out of AQR Trend Total Return Fund, from SEC Form N-PORT.
- 12-month net flow: $303.9M
- 12-month gross sales (incl. reinvestments): $418.3M
- Sales ÷ redemptions: 3.66×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $50.8M | $31.4M | $19.4M |
| May 2026 | $114.7M | $9.4M | $105.3M |
| Apr 2026 | $58.6M | $6.7M | $51.9M |
| Mar 2026 | $34.8M | $16.9M | $17.9M |
| Feb 2026 | $35.1M | $8.4M | $26.6M |
| Jan 2026 | $51.7M | $13.5M | $38.2M |
| Dec 2025 | $18.6M | $3.3M | $15.3M |
| Nov 2025 | $15.5M | $5.7M | $9.8M |
| Oct 2025 | $10.7M | $5.7M | $5.0M |
| Sep 2025 | $11.0M | $2.0M | $9.0M |
| Aug 2025 | $4.5M | $4.6M | −$90K |
| Jul 2025 | $12.3M | $6.7M | $5.6M |
QNZRX Assets Under Management
Net assets of AQR Trend Total Return Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $391.81M |
| 2026-03-31 | $205.91M |
| 2025-12-31 | $114.44M |
| 2025-09-30 | $81.05M |
| 2025-06-30 | $59.48M |
| 2025-03-31 | $52.89M |
| 2024-12-31 | $53.60M |
| 2024-09-30 | $43.74M |
| 2024-06-30 | $35.27M |
| 2024-03-31 | $31.34M |
| 2023-12-31 | $23.24M |
| 2023-09-30 | $32.82M |
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.