- ISIN
- US00203H5789
- CUSIP
- 00203H578
- Issuer
- AQR Funds
- Inception Date
- Jul 9, 2009
- Category
- Foreign Large Cap Equities
- Min. Investment
- $2,500
- Index Tracked
- MSCI World Ex-USA Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AIONX Performance Chart
Loading charts...
Returns By Period
AQR International Momentum Style Fund Class N
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
AIONX Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.50% | 4.37% | -8.31% | 6.84% | -0.76% | 6.03% | |||||||
| 2025 | 5.07% | 2.38% | 0.97% | 5.18% | 5.53% | 3.05% | -0.95% | 3.05% | 2.25% | 0.54% | 0.59% | 2.65% | 34.58% |
| 2024 | 1.37% | 5.27% | 4.08% | -4.20% | 5.20% | -0.83% | 1.96% | 2.53% | -0.32% | -4.25% | 1.68% | -3.74% | 8.41% |
| 2023 | 6.55% | -2.74% | 1.69% | 2.64% | -4.13% | 5.56% | 2.25% | -3.71% | -3.61% | -2.74% | 9.81% | 4.90% | 16.39% |
| 2022 | -5.89% | -3.56% | 0.89% | -7.76% | 1.80% | -10.68% | 5.88% | -5.18% | -10.39% | 6.46% | 11.59% | -2.11% | -19.64% |
| 2021 | -1.45% | 0.51% | 1.18% | 3.94% | 3.16% | -1.40% | 1.47% | 2.43% | -3.69% | 4.78% | -3.81% | 4.50% | 11.72% |
Benchmark Metrics
AQR International Momentum Style Fund Class N has an annualized alpha of -2.45%, beta of 0.79, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since January 02, 2013.
- This fund participated in 91.78% of S&P 500 Index downside but only 71.12% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.45% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -2.45%
- Beta
- 0.79
- R²
- 0.69
- Upside Capture
- 71.12%
- Downside Capture
- 91.78%
Expense Ratio
AIONX has an expense ratio of 0.88%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AQR International Momentum Style Fund Class N (AIONX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIONX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
AQR International Momentum Style Fund Class N provided a 20.01% dividend yield over the last twelve months, with an annual payout of $3.40 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.40 | $2.47 | $3.15 | $1.82 | $0.40 | $0.35 | $0.17 | $0.33 | $0.24 | $0.31 | $0.29 | $0.18 |
Dividend yield | 20.01% | 14.62% | 21.87% | 11.32% | 2.62% | 1.77% | 0.95% | 2.12% | 1.85% | 1.96% | 2.23% | 1.30% |
Monthly Dividends
The table displays the monthly dividend distributions for AQR International Momentum Style Fund Class N. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.93 | $0.00 | $0.93 | |||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.47 | $2.47 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.15 | $3.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.82 | $1.82 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the AQR International Momentum Style Fund Class N. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AQR International Momentum Style Fund Class N was 32.32%, occurring on Sep 27, 2022. Recovery took 361 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -32.32%Sep 2022 | 10mo 16d | 1y 5mo | 2y 3moNov 2021 - Mar 2024 |
COVID crash2020 | -31.33%Mar 2020 | 2y 1mo | 5mo 18d | 2y 7moJan 2018 - Sep 2020 |
2016 bear market2016 | -21.57%Feb 2016 | 1y 7mo | 1y 5mo | 3y 26dJul 2014 - Aug 2017 |
2025 selloff2025 | -12.75%Apr 2025 | 19d | 16d | 1mo 5dMar 2025 - Apr 2025 |
2026 correction2026 | -11.70%Mar 2026 | 22d | — | 3mo 27dFeb 2026 - now |
Drawdown Indicators
| AIONX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -1.80% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.71% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AIONX
Add AQR International Momentum Style Fund Class N to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AIONX