AHTPX vs. QDSIX
Compare and contrast key facts about American Beacon AHL TargetRisk Fund (AHTPX) and AQR Diversifying Strategies Fund (QDSIX).
AHTPX is managed by American Beacon. It was launched on Dec 30, 2018. QDSIX is managed by AQR Funds. It was launched on Jun 7, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHTPX or QDSIX.
Key characteristics
| AHTPX | QDSIX | |
|---|---|---|
| YTD Return | 7.70% | 11.14% |
| 1Y Return | 16.05% | -0.63% |
| 3Y Return (Ann) | -3.90% | 7.93% |
| Sharpe Ratio | 1.65 | 0.03 |
| Sortino Ratio | 2.21 | 0.10 |
| Omega Ratio | 1.31 | 1.03 |
| Calmar Ratio | 0.67 | 0.04 |
| Martin Ratio | 5.82 | 0.09 |
| Ulcer Index | 2.76% | 4.32% |
| Daily Std Dev | 9.77% | 11.64% |
| Max Drawdown | -27.86% | -11.30% |
| Current Drawdown | -11.75% | -2.27% |
Correlation
The correlation between AHTPX and QDSIX is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AHTPX vs. QDSIX - Performance Comparison
In the year-to-date period, AHTPX achieves a 7.70% return, which is significantly lower than QDSIX's 11.14% 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. QDSIX - Expense Ratio Comparison
AHTPX has a 1.41% expense ratio, which is higher than QDSIX's 0.20% expense ratio.
Risk-Adjusted Performance
AHTPX vs. QDSIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL TargetRisk Fund (AHTPX) and AQR Diversifying Strategies Fund (QDSIX). 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. QDSIX - Dividend Comparison
AHTPX's dividend yield for the trailing twelve months is around 3.37%, less than QDSIX's 10.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AHTPX American Beacon AHL TargetRisk Fund | 3.37% | 3.63% | 3.19% | 7.61% | 0.00% | 0.18% |
QDSIX AQR Diversifying Strategies Fund | 10.06% | 11.18% | 8.06% | 4.70% | 1.93% | 0.00% |
Drawdowns
AHTPX vs. QDSIX - Drawdown Comparison
The maximum AHTPX drawdown since its inception was -27.86%, which is greater than QDSIX's maximum drawdown of -11.30%. Use the drawdown chart below to compare losses from any high point for AHTPX and QDSIX. For additional features, visit the drawdowns tool.
Volatility
AHTPX vs. QDSIX - Volatility Comparison
American Beacon AHL TargetRisk Fund (AHTPX) has a higher volatility of 2.20% compared to AQR Diversifying Strategies Fund (QDSIX) at 1.53%. This indicates that AHTPX's price experiences larger fluctuations and is considered to be riskier than QDSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.