AQR Style Premia is a market-neutral, multi-asset long-short strategy designed to harvest four well-known risk premia—value, momentum, carry, and defensive—implemented across stocks and industries, equity indexes, fixed income, currencies, and commodities. Management targets long-run Sharpe ratios of 0.70 for the mutual fund and trust and 0.60 for the UCITS vehicle. Volatility targets differ by wrapper: The Australia-based trust targets 12% annualized volatility, while the other vehicles generally aim for 10%. The UCITS fund is more constrained, excluding commodities and promoting environmental, social, and governance characteristics.
AQR Style Premia Alternative Fund Class I QSPIX
- NAV / 1-Day Return 9.81 / 0.00
- Total Assets 2.5B
-
Adj. Expense Ratio
1.530%
- Expense Ratio 6.090%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Multistrategy
- Investment Style Mid Value
- Min. Initial Investment 5M
- Status Open
- TTM Yield 2.32%
- Turnover 142%
USD | NAV as of Jun 16, 2026 | 1-Day Return as of Jun 16, 2026, 12:11 AM GMT+0
Morningstar’s Analysis QSPIX
Will QSPIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the QSPIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of QSPIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 38.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
US DOLLAR | 29.98 | 842M | Cash and Equivalents |
Ois Sofr /3.5% Usd0928 | 25.75 | 723M | — |
Ois Sofr /3.5% Usd0928 | 25.72 | 723M | — |
Ois Tonar /1.5% Jpy0628 | 24.64 | 692M | — |
Ois Tonar /1.5% Jpy0628 | 24.63 | 692M | — |
IRSIM BBR /4.5 AUD0928 Pay | 22.76 | 640M | Government |
IRSIM BBR /4.5 AUD0928 Pay | 22.76 | 640M | Government |
IRSIM BBR /4.5 AUD0928 Pay | 22.76 | 639M | Government |
IRSIM BBR /4.5 AUD0928 Pay | 22.76 | 639M | Government |
IRSIM BBR /4 NZD0928 Pay | 20.87 | 586M | Government |
United States