AHTPX vs. AQRIX
Compare and contrast key facts about American Beacon AHL TargetRisk Fund (AHTPX) and AQR Multi-Asset Fund (AQRIX).
AHTPX is managed by American Beacon. It was launched on Dec 30, 2018. AQRIX is managed by AQR Funds. It was launched on Sep 29, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHTPX or AQRIX.
Key characteristics
| AHTPX | AQRIX | |
|---|---|---|
| YTD Return | 6.65% | 10.23% |
| 1Y Return | 14.70% | 15.32% |
| 3Y Return (Ann) | -4.21% | 2.85% |
| 5Y Return (Ann) | 0.59% | 5.47% |
| Sharpe Ratio | 1.52 | 1.76 |
| Sortino Ratio | 2.05 | 2.51 |
| Omega Ratio | 1.28 | 1.32 |
| Calmar Ratio | 0.63 | 2.51 |
| Martin Ratio | 5.38 | 9.08 |
| Ulcer Index | 2.77% | 1.73% |
| Daily Std Dev | 9.81% | 8.92% |
| Max Drawdown | -27.86% | -24.06% |
| Current Drawdown | -12.60% | -3.12% |
Correlation
The correlation between AHTPX and AQRIX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AHTPX vs. AQRIX - Performance Comparison
In the year-to-date period, AHTPX achieves a 6.65% return, which is significantly lower than AQRIX's 10.23% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AHTPX vs. AQRIX - Expense Ratio Comparison
AHTPX has a 1.41% expense ratio, which is higher than AQRIX's 0.80% expense ratio.
Risk-Adjusted Performance
AHTPX vs. AQRIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL TargetRisk Fund (AHTPX) and AQR Multi-Asset Fund (AQRIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AHTPX vs. AQRIX - Dividend Comparison
AHTPX's dividend yield for the trailing twelve months is around 3.40%, more than AQRIX's 2.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHTPX American Beacon AHL TargetRisk Fund | 3.40% | 3.63% | 3.19% | 7.61% | 0.00% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AQRIX AQR Multi-Asset Fund | 2.19% | 2.41% | 6.82% | 5.39% | 1.09% | 9.59% | 3.33% | 1.95% | 2.52% | 0.00% | 4.29% | 2.53% |
Drawdowns
AHTPX vs. AQRIX - Drawdown Comparison
The maximum AHTPX drawdown since its inception was -27.86%, which is greater than AQRIX's maximum drawdown of -24.06%. Use the drawdown chart below to compare losses from any high point for AHTPX and AQRIX. For additional features, visit the drawdowns tool.
Volatility
AHTPX vs. AQRIX - Volatility Comparison
The current volatility for American Beacon AHL TargetRisk Fund (AHTPX) is 2.37%, while AQR Multi-Asset Fund (AQRIX) has a volatility of 2.63%. This indicates that AHTPX experiences smaller price fluctuations and is considered to be less risky than AQRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.