AQR Large Cap Momentum Style Fund (AMOMX)
The fund pursues a momentum investment style by investing primarily in equity or equity-related securities (including, but not limited to, exchange-traded funds, equity index futures and real estate investment trusts) of large-cap companies traded on a principal U.S. exchange or over-the-counter market that the Adviser determines to have positive momentum. Under normal market circumstances, it will invest at least 80% of its net assets (including any borrowings for investment purposes) in large-cap U.S. companies.
Fund Info
| ISIN | US00203H7017 |
|---|---|
| CUSIP | 00203H701 |
| Issuer | AQR Funds |
| Inception Date | Jul 9, 2009 |
| Category | Large Cap Growth Equities |
| Min. Investment | $5,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
AMOMX features an expense ratio of 0.41%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: AMOMX vs. ^OEX, AMOMX vs. AUEIX, AMOMX vs. SPLG, AMOMX vs. SPY, AMOMX vs. IWB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AQR Large Cap Momentum Style Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AQR Large Cap Momentum Style Fund had a return of 15.97% year-to-date (YTD) and 23.73% in the last 12 months. Over the past 10 years, AQR Large Cap Momentum Style Fund had an annualized return of 11.83%, outperforming the S&P 500 benchmark which had an annualized return of 10.58%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.97% | 13.20% |
| 1 month | -3.46% | -1.28% |
| 6 months | 11.34% | 10.32% |
| 1 year | 23.73% | 18.23% |
| 5 years (annualized) | 13.31% | 12.31% |
| 10 years (annualized) | 11.83% | 10.58% |
Monthly Returns
The table below presents the monthly returns of AMOMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.91% | 8.34% | 3.45% | -4.83% | 4.93% | 4.07% | 15.97% | ||||||
| 2023 | 2.26% | -2.63% | 1.62% | 1.38% | -1.57% | 7.51% | 2.63% | -0.77% | -4.96% | -2.66% | 10.05% | 5.01% | 18.17% |
| 2022 | -7.79% | -1.42% | 3.24% | -9.79% | 0.23% | -8.01% | 9.68% | -3.30% | -8.36% | 9.59% | 3.92% | -5.09% | -18.00% |
| 2021 | -0.04% | 0.93% | 1.13% | 6.06% | -0.15% | 4.18% | 2.31% | 3.44% | -3.79% | 9.47% | -1.15% | 1.60% | 26.01% |
| 2020 | 1.75% | -7.58% | -12.77% | 12.44% | 6.86% | 3.19% | 7.22% | 8.05% | -4.08% | -2.57% | 10.28% | 4.47% | 26.86% |
| 2019 | 8.01% | 4.01% | 1.98% | 2.93% | -3.26% | 5.79% | 1.26% | 0.62% | -0.62% | 0.93% | 3.03% | 1.67% | 29.20% |
| 2018 | 7.10% | -2.08% | -2.39% | 0.54% | 3.79% | -0.17% | 2.52% | 5.73% | 0.28% | -9.80% | 0.71% | -8.83% | -4.01% |
| 2017 | 2.74% | 3.02% | 0.30% | 0.89% | 1.62% | 0.48% | 2.79% | 1.12% | 1.90% | 4.05% | 2.58% | 0.18% | 23.87% |
| 2016 | -5.50% | -1.40% | 6.24% | -0.31% | 1.91% | 1.93% | 2.74% | -1.11% | 0.05% | -2.25% | 1.50% | 1.26% | 4.66% |
| 2015 | -0.77% | 4.58% | -0.61% | -1.69% | 2.96% | -1.44% | 3.10% | -6.34% | -2.87% | 7.21% | 0.61% | -1.17% | 2.89% |
| 2014 | -1.69% | 6.10% | -2.59% | -2.33% | 3.46% | 3.72% | -2.13% | 4.78% | -3.10% | 1.96% | 2.69% | -0.85% | 9.84% |
| 2013 | 4.11% | 1.08% | 4.02% | 2.16% | 2.78% | -1.84% | 6.29% | -3.06% | 5.25% | 3.72% | 3.34% | 3.11% | 35.21% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AMOMX is 62, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AQR Large Cap Momentum Style Fund (AMOMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AQR Large Cap Momentum Style Fund granted a 12.14% dividend yield in the last twelve months. The annual payout for that period amounted to $2.71 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.71 | $2.71 | $2.04 | $4.51 | $3.81 | $2.21 | $2.25 | $1.97 | $1.56 | $1.66 | $2.06 | $1.00 |
Dividend yield | 12.14% | 14.08% | 10.95% | 17.95% | 16.14% | 10.22% | 12.17% | 9.15% | 8.23% | 8.44% | 9.94% | 4.84% |
Monthly Dividends
The table displays the monthly dividend distributions for AQR Large Cap Momentum Style Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.71 | $2.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.04 | $2.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.37 | $4.51 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.81 | $3.81 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.21 | $2.21 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.25 | $2.25 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.97 | $1.97 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.56 | $1.56 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.66 | $1.66 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.06 | $2.06 |
| 2013 | $1.00 | $1.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AQR Large Cap Momentum Style Fund. 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 Large Cap Momentum Style Fund was 34.29%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.
The current AQR Large Cap Momentum Style Fund drawdown is 6.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.29% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -26.33% | Nov 9, 2021 | 153 | Jun 17, 2022 | 375 | Dec 14, 2023 | 528 |
| -23.1% | May 2, 2011 | 108 | Oct 3, 2011 | 120 | Mar 26, 2012 | 228 |
| -21.3% | Oct 2, 2018 | 57 | Dec 21, 2018 | 122 | Jun 19, 2019 | 179 |
| -19.45% | Apr 26, 2010 | 49 | Jul 2, 2010 | 87 | Nov 4, 2010 | 136 |
Volatility
Volatility Chart
The current AQR Large Cap Momentum Style Fund volatility is 5.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.