AQR Emerging Multi-Style II Fund (QTELX)
The investment seeks long-term capital appreciation. The fund pursues its investment objective by investing, under normal market conditions, at least 80% of its net assets (including borrowings for investment purposes) in equity or equity-related instruments (including, but not limited to, exchange-traded funds, equity index futures, equity index swaps, depositary receipts and real estate investment trusts or securities with similar characteristics) of emerging market companies.
Fund Info
ISIN | US00191K6588 |
---|---|
CUSIP | 00191K658 |
Issuer | AQR Funds |
Inception Date | Feb 10, 2015 |
Category | Emerging Markets Diversified |
Min. Investment | $5,000,000 |
Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The AQR Emerging Multi-Style II Fund has a high expense ratio of 0.70%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: QTELX vs. SCHG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AQR Emerging Multi-Style II 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 Emerging Multi-Style II Fund had a return of 4.49% year-to-date (YTD) and 14.79% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 4.49% | 10.04% |
1 month | 0.70% | 3.53% |
6 months | 13.92% | 22.79% |
1 year | 14.79% | 32.16% |
5 years (annualized) | 2.79% | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -1.99% | 5.54% | ||||||||||
2023 | -6.05% | -1.16% | -3.84% | 7.44% | 4.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for AQR Emerging Multi-Style II Fund (QTELX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
AQR Emerging Multi-Style II Fund | 1.04 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
AQR Emerging Multi-Style II Fund granted a 5.41% dividend yield in the last twelve months. The annual payout for that period amounted to $0.54 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.54 | $0.54 | $0.41 | $0.29 | $0.19 | $0.24 | $0.22 | $0.18 | $0.21 | $0.03 |
Dividend yield | 5.41% | 5.65% | 4.60% | 2.42% | 1.53% | 2.32% | 2.32% | 1.55% | 2.51% | 0.42% |
Monthly Dividends
The table displays the monthly dividend distributions for AQR Emerging Multi-Style II 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $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 | $0.54 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
2015 | $0.03 |
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 Emerging Multi-Style II 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 Emerging Multi-Style II Fund was 41.46%, occurring on Mar 23, 2020. Recovery took 196 trading sessions.
The current AQR Emerging Multi-Style II Fund drawdown is 17.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-41.46% | Jan 29, 2018 | 541 | Mar 23, 2020 | 196 | Dec 30, 2020 | 737 |
-38.37% | Feb 17, 2021 | 431 | Oct 31, 2022 | — | — | — |
-35.98% | Apr 29, 2015 | 185 | Jan 21, 2016 | 379 | Jul 24, 2017 | 564 |
-6.44% | Feb 27, 2015 | 11 | Mar 13, 2015 | 15 | Apr 6, 2015 | 26 |
-5.78% | Jan 26, 2021 | 4 | Jan 29, 2021 | 7 | Feb 9, 2021 | 11 |
Volatility
Volatility Chart
The current AQR Emerging Multi-Style II Fund volatility is 3.83%, 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.