# Water Island Event-Driven Fund I (AEDNX)

> Source: Nexqual · https://nexqual.com/AEDNX · data as of 2026-10-24 00:00 UTC · cite as "Nexqual, Water Island Event-Driven Fund I (AEDNX), nexqual.com/AEDNX" · informational, not investment advice.

**Price:** USD 13.47 (-0.15% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 13.49 · day 13.47–13.47 · 52w 12.68–13.56 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +7.2% vs S&P 500 +13.4%; 5Y +21.9% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +7.2% | +21.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +7.3% | +4.0% |
| Volatility (annualized) | 3.6% | 4.1% |
| Max drawdown | -1.4% (Apr 2026→May 2026) | -5.9% (Oct 2021→Jun 2022) |

## Peers
ADAIX (AQR Diversified Arbitrage Fund ) USD 13.25 +0.00% · ARBNX (The Arbitrage Fund  Class I) USD 14.55 -0.00% · ASFYX (AlphaSimplex Managed Futures St) USD 9.17 -0.00% · BEXIX (Baron Emerging Markets Fd Inst ) USD 20.56 +0.00% · EIEMX (Parametric Emerging Markets Fun) USD 18.35 -0.00%

## More
Full page: https://nexqual.com/AEDNX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt