AQR Global Equity Fund (AQGIX)
The fund seeks to outperform, after expenses, the MSCI World Index while seeking to control its tracking error relative to this benchmark. Generally, it will invest at least 80% of its net assets (including any borrowings for investment purposes) in equity and equity-related instruments (including, but not limited to, exchange-traded funds, equity index futures, equity index swaps, swaps on equity index futures, depositary receipts and real estate investment trusts or securities with similar characteristics). The fund will invest in companies with a broad range of market capitalizations.
Fund Info
| ISIN | US00203H8759 |
|---|---|
| CUSIP | 00203H875 |
| Issuer | AQR Funds |
| Inception Date | Dec 30, 2009 |
| Category | Global Equities |
| Min. Investment | $5,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
AQGIX features an expense ratio of 0.80%, 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: AQGIX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AQR Global Equity 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 Global Equity Fund had a return of 14.87% year-to-date (YTD) and 19.71% in the last 12 months. Over the past 10 years, AQR Global Equity Fund had an annualized return of 7.74%, while the S&P 500 had an annualized return of 10.64%, indicating that AQR Global Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 14.87% | 13.78% |
| 1 month | -1.70% | -0.38% |
| 6 months | 12.86% | 11.47% |
| 1 year | 19.71% | 18.82% |
| 5 years (annualized) | 10.68% | 12.44% |
| 10 years (annualized) | 7.74% | 10.64% |
Monthly Returns
The table below presents the monthly returns of AQGIX, 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 | 1.68% | 5.46% | 5.57% | -2.87% | 4.76% | 1.36% | 14.87% | ||||||
| 2023 | 8.98% | -2.67% | -0.11% | 1.37% | -2.60% | 9.16% | 4.46% | -2.75% | -2.20% | -3.64% | 7.77% | 4.32% | 22.93% |
| 2022 | -3.49% | -3.10% | 2.56% | -5.72% | 2.76% | -10.74% | 6.98% | -3.15% | -9.76% | 9.01% | 6.61% | -4.73% | -14.14% |
| 2021 | -0.42% | 2.64% | 5.24% | 2.54% | 1.81% | -0.00% | 0.94% | 1.57% | -4.65% | 4.50% | -2.29% | 5.56% | 18.32% |
| 2020 | -2.27% | -8.13% | -15.42% | 11.51% | 4.29% | 3.34% | 3.48% | 6.49% | -2.82% | -4.07% | 11.86% | 4.24% | 9.33% |
| 2019 | 9.88% | 2.12% | 1.10% | 1.94% | -7.47% | 6.28% | -0.24% | -3.39% | 2.63% | 3.41% | 2.48% | 2.81% | 22.55% |
| 2018 | 5.49% | -3.93% | -1.88% | 1.13% | 0.11% | -2.11% | 2.73% | 0.33% | 0.55% | -8.34% | 0.00% | -8.66% | -14.50% |
| 2017 | 3.35% | 2.72% | 0.63% | 1.38% | 2.47% | 0.24% | 3.61% | 0.93% | 2.30% | 2.14% | 1.76% | 1.41% | 25.44% |
| 2016 | -6.36% | -0.55% | 6.41% | 0.13% | 0.79% | -1.04% | 4.59% | 0.38% | 1.37% | -0.49% | 0.00% | 1.95% | 6.84% |
| 2015 | -0.12% | 5.49% | -0.24% | 0.83% | 0.47% | -2.10% | 1.43% | -5.65% | -2.62% | 6.28% | -5.38% | -0.30% | -2.60% |
| 2014 | -3.33% | 5.35% | -0.23% | 0.11% | 1.92% | 1.88% | -2.28% | 2.89% | -3.68% | 0.79% | 2.34% | -1.78% | 3.63% |
| 2013 | 5.90% | -0.67% | 2.76% | 3.42% | 0.16% | -1.89% | 5.62% | -3.19% | 4.55% | 3.98% | 2.24% | 2.89% | 28.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AQGIX is 70, 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 Global Equity Fund (AQGIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AQR Global Equity Fund granted a 5.20% dividend yield in the last twelve months. The annual payout for that period amounted to $0.57 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.57 | $0.57 | $0.36 | $1.22 | $0.11 | $0.12 | $0.34 | $0.45 | $0.77 | $0.12 | $1.00 | $5.71 |
Dividend yield | 5.20% | 5.98% | 4.39% | 12.17% | 1.16% | 1.41% | 4.72% | 5.05% | 10.34% | 1.50% | 12.45% | 65.50% |
Monthly Dividends
The table displays the monthly dividend distributions for AQR Global Equity 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 | $0.57 | $0.57 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 | $1.22 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.01 | $0.12 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $1.00 |
| 2013 | $5.71 | $5.71 |
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 Global Equity 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 Global Equity Fund was 35.47%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current AQR Global Equity Fund drawdown is 4.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.47% | Feb 13, 2020 | 27 | Mar 23, 2020 | 166 | Nov 16, 2020 | 193 |
| -25.86% | May 3, 2011 | 107 | Oct 3, 2011 | 305 | Dec 20, 2012 | 412 |
| -23.3% | Jan 13, 2022 | 180 | Sep 30, 2022 | 199 | Jul 19, 2023 | 379 |
| -22.63% | Jan 29, 2018 | 228 | Dec 21, 2018 | 286 | Feb 12, 2020 | 514 |
| -21.12% | May 22, 2015 | 183 | Feb 11, 2016 | 240 | Jan 25, 2017 | 423 |
Volatility
Volatility Chart
The current AQR Global Equity Fund volatility is 3.38%, 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.