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ISIN
US00203H3966
CUSIP
00203H396
Issuer
AQR Funds
Inception Date
Jan 8, 2014
Min. Investment
$100,000
Index Tracked
MSCI World Net Total Return USD Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

AQGRX Performance Chart

AQR Global Equity Fund Class R6 (AQGRX) is up 12.9% since the beginning of the year. AQGRX is currently trading at $14 per share. Investors who bought $1,000 worth of AQGRX shares 5 years ago would now be looking at an investment worth $2,116.


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S&P 500 Index

Returns By Period

AQR Global Equity Fund Class R6 (AQGRX) has returned 12.90% so far this year and 33.83% over the past 12 months. Over the last ten years, AQGRX has had an annualized return of 13.78%, just under the S&P 500 Index benchmark’s 13.88%.


AQR Global Equity Fund Class R6

1D
1.02%
1M
2.43%
YTD
12.90%
6M
12.44%
1Y
33.83%
3Y*
26.21%
5Y*
16.17%
10Y*
13.78%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AQGRX Monthly Returns History

Based on dividend-adjusted daily data since Jan 2, 2015, AQGRX's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +11.9%, while the worst month was Mar 2020 at -15.4%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.

On a daily basis, AQGRX closed higher 51% of trading days. The best single day was Dec 23, 2021 with a return of +12.4%, while the worst single day was Mar 16, 2020 at -11.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.19%0.24%-5.86%10.51%5.40%0.51%12.90%
20255.29%1.97%-2.73%-0.90%7.03%4.09%1.47%3.55%5.14%0.74%0.88%1.86%31.87%
20241.66%5.42%5.63%-2.85%5.77%0.36%0.09%2.22%2.00%-1.11%5.52%-1.99%24.60%
20238.93%-2.55%-0.11%1.37%-2.58%9.22%4.32%-2.63%-2.18%-3.72%7.83%4.38%23.14%
2022-3.47%-3.18%2.65%-5.79%2.74%-10.67%7.05%-3.24%-9.69%8.94%6.57%-4.68%-14.13%
2021-0.42%2.73%5.20%2.52%1.80%-0.00%0.93%1.57%-4.62%4.56%-2.27%5.54%18.43%

Benchmark Metrics

AQR Global Equity Fund Class R6 has an annualized alpha of 1.03%, beta of 0.89, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since January 02, 2015.

  • This fund participated in 91.78% of S&P 500 Index downside but only 91.34% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 0.89 and R2 of 0.81, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
1.03%
Beta
0.89
0.81
Upside Capture
91.34%
Downside Capture
91.78%

Expense Ratio

AQGRX has an expense ratio of 0.72%, placing it in the medium range.


Return for Risk

Risk / Return Rank

AQGRX ranks 76 for risk / return — better than 76% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


AQGRX Risk / Return Rank: 7676
Overall Rank
AQGRX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
AQGRX Sortino Ratio Rank: 7373
Sortino Ratio Rank
AQGRX Omega Ratio Rank: 6868
Omega Ratio Rank
AQGRX Calmar Ratio Rank: 7979
Calmar Ratio Rank
AQGRX Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AQR Global Equity Fund Class R6 (AQGRX) 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.


AQGRXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.33

Sortino ratioReturn per unit of downside risk

+0.50

Omega ratioGain probability vs. loss probability

1.42

1.37

+0.05

Calmar ratioReturn relative to maximum drawdown

3.38

2.78

+0.60

Martin ratioReturn relative to average drawdown

14.85

12.44

+2.41

Dividends

Dividend History

AQR Global Equity Fund Class R6 provided a 11.62% dividend yield over the last twelve months, with an annual payout of $1.62 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.62$1.62$1.44$0.58$0.37$1.23$0.13$0.21$0.36$0.45$0.79$0.01

Dividend yield

11.62%13.12%13.59%6.03%4.51%12.19%1.34%2.41%4.88%5.03%10.54%0.09%

Monthly Dividends

The table displays the monthly dividend distributions for AQR Global Equity Fund Class R6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.62$1.62
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.44$1.44
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.58$0.58
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.37$0.37
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.23$1.23

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the AQR Global Equity Fund Class R6. 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 Class R6 was 34.25%, occurring on Mar 20, 2020. Recovery took 167 trading sessions.

The current AQR Global Equity Fund Class R6 drawdown is 0.93%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-34.25%Mar 2020
1mo 6d8mo 1d
9mo 7dFeb 2020 - Nov 2020
Bear market2022
-29.59%Sep 2022
9mo 7d1y 4mo
2y 1moDec 2021 - Feb 2024
Rate-hike selloffLate 2018
-22.53%Dec 2018
10mo 26d1y 26d
1y 11moJan 2018 - Jan 2020
2016 bear market2016
-21.95%Feb 2016
8mo 27d1y 3d
1y 9moMay 2015 - Feb 2017
2025 selloff2025
-18.51%Apr 2025
1mo 18d1mo 8d
2mo 26dFeb 2025 - May 2025

Drawdown Indicators


AQGRXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-34.25%

-56.78%

+22.53%

Max Drawdown (1Y)

Largest decline over 1 year

-9.79%

-9.10%

-0.69%

Max Drawdown (3Y)

Largest decline over 3 years

-18.51%

-18.90%

+0.39%

Max Drawdown (5Y)

Largest decline over 5 years

-29.59%

-25.43%

-4.16%

Max Drawdown (10Y)

Largest decline over 10 years

-34.25%

-33.92%

-0.33%

Current Drawdown

Current decline from peak

-0.93%

-1.80%

+0.87%

Average Drawdown

Average peak-to-trough decline

-6.86%

-10.71%

+3.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.22%

2.03%

+0.19%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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