Aqr Diversified Arbitrage Fund Quote

ADAIX Fund  USD 12.19  0.02  0.16%   

Performance

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Odds Of Distress

Less than 22

 
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Aqr Diversified is trading at 12.19 as of the 25th of November 2024; that is 0.16 percent increase since the beginning of the trading day. The fund's open price was 12.17. Aqr Diversified has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Aqr Diversified Arbitrage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund seeks to outperform, after expenses, the ICE BofA US 3-Month Treasury Bill Index while seeking to control its tracking risk relative to this benchmark. It invests in a diversified portfolio of instruments, including equities, convertible securities, debt securities, loans, rights, warrants, options, swaps, futures contracts, forwards or other types of derivative instruments.. More on Aqr Diversified Arbitrage

Moving together with AQR Mutual Fund

  0.65ANDRX Aqr InternationalPairCorr
  0.65ANDNX Aqr InternationalPairCorr
  0.66ANDIX Aqr InternationalPairCorr

Moving against AQR Mutual Fund

  0.57QMNNX Aqr Equity MarketPairCorr
  0.57QMNRX Aqr Equity MarketPairCorr
  0.56QMNIX Aqr Equity MarketPairCorr
  0.45QLENX Aqr Long ShortPairCorr
  0.45QLEIX Aqr Long ShortPairCorr
  0.45QLERX Aqr Long ShortPairCorr

AQR Mutual Fund Highlights

Thematic Ideas
(View all Themes)
Fund ConcentrationAQR Funds, Large Funds, Relative Value Arbitrage Funds, Conservative Funds, Small Blend Funds, Relative Value Arbitrage, AQR Funds, Large, Relative Value Arbitrage (View all Sectors)
Update Date30th of September 2024
Expense Ratio Date1st of May 2023
Fiscal Year EndDecember
Aqr Diversified Arbitrage [ADAIX] is traded in USA and was established 25th of November 2024. Aqr Diversified is listed under AQR Funds category by Fama And French industry classification. The fund is listed under Relative Value Arbitrage category and is part of AQR Funds family. The entity is thematically classified as Conservative Funds. This fund presently has accumulated 1.72 B in assets under management (AUM) with minimum initial investment of 5 M. Aqr Diversified Arbitrage is currently producing year-to-date (YTD) return of 2.52% with the current yeild of 0.03%, while the total return for the last 3 years was 0.75%.
Check Aqr Diversified Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AQR Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AQR Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Aqr Diversified Arbitrage Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Aqr Diversified Arbitrage Mutual Fund Constituents

INTCIntelStockInformation Technology
BABAAlibaba Group HoldingStockConsumer Discretionary
IIVIII VI IncorporatedStockInformation Technology
IIVIPII VI IncorporatedPreferred StockScientific & Technical Instruments
LRCXLam Research CorpStockInformation Technology
LUVSouthwest AirlinesStockIndustrials
QGENQiagen NVStockHealth Care
NESRNational Energy ServicesStockEnergy
More Details

Aqr Diversified Arbitrage Risk Profiles

Aqr Diversified Against Markets

Other Information on Investing in AQR Mutual Fund

Aqr Diversified financial ratios help investors to determine whether AQR Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AQR with respect to the benefits of owning Aqr Diversified security.
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