The pace of innovation has increased at AQR despite the firm’s dwindling resources, yet it’s unclear whether the incremental changes to AQR Managed Futures High Volatility are enough to give the strategy an edge over other trend-following peers. It earns a Morningstar Analyst Rating of Neutral for its cheaper share classes, while the most-expensive is rated Negative.
Will QMHRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QMHRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the QMHRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of QMHRX’s parent organization’s priorities and whether they’re in line with investors’ interests.