AIONX vs. AQMIX
Compare and contrast key facts about AQR International Momentum Style Fund Class N (AIONX) and AQR Managed Futures Strategy Fund (AQMIX).
AIONX is a passively managed fund by AQR Funds that tracks the performance of the MSCI World Ex-USA Index. It was launched on Jul 9, 2009. AQMIX is managed by AQR Funds. It was launched on Jan 5, 2010.
Performance
AIONX vs. AQMIX - Performance Comparison
Loading graphics...
AIONX vs. AQMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIONX AQR International Momentum Style Fund Class N | 0.00% | 34.58% | 8.41% | 16.39% | -19.64% | 11.72% | 16.32% | 22.29% | -15.50% | 24.99% |
AQMIX AQR Managed Futures Strategy Fund | 9.72% | 14.62% | 8.13% | 2.08% | 35.47% | -1.04% | -0.43% | 1.92% | -8.88% | -0.97% |
Returns By Period
Over the past 10 years, AIONX has outperformed AQMIX with an annualized return of 8.58%, while AQMIX has yielded a comparatively lower 4.43% annualized return.
AIONX
- 1D
- 3.56%
- 1M
- -6.89%
- YTD
- 0.00%
- 6M
- 3.63%
- 1Y
- 23.28%
- 3Y*
- 17.24%
- 5Y*
- 8.40%
- 10Y*
- 8.58%
AQMIX
- 1D
- -0.47%
- 1M
- 0.96%
- YTD
- 9.72%
- 6M
- 12.93%
- 1Y
- 20.27%
- 3Y*
- 13.32%
- 5Y*
- 12.58%
- 10Y*
- 4.43%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AIONX vs. AQMIX - Expense Ratio Comparison
AIONX has a 0.88% expense ratio, which is lower than AQMIX's 1.25% expense ratio.
Return for Risk
AIONX vs. AQMIX — Risk / Return Rank
AIONX
AQMIX
AIONX vs. AQMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR International Momentum Style Fund Class N (AIONX) and AQR Managed Futures Strategy Fund (AQMIX). 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.
| AIONX | AQMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 2.16 | -0.82 |
Sortino ratioReturn per unit of downside risk | 1.85 | 2.71 | -0.86 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.40 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 3.92 | -1.93 |
Martin ratioReturn relative to average drawdown | 7.80 | 11.52 | -3.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AIONX | AQMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 2.16 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 1.10 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.43 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.41 | +0.01 |
Correlation
The correlation between AIONX and AQMIX is 0.07, 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.
Dividends
AIONX vs. AQMIX - Dividend Comparison
AIONX's dividend yield for the trailing twelve months is around 14.62%, more than AQMIX's 2.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIONX AQR International Momentum Style Fund Class N | 14.62% | 14.62% | 21.87% | 11.32% | 2.62% | 1.77% | 0.95% | 2.12% | 1.85% | 1.96% | 2.23% | 1.30% |
AQMIX AQR Managed Futures Strategy Fund | 2.06% | 2.26% | 3.83% | 8.39% | 12.76% | 6.94% | 5.31% | 3.13% | 0.00% | 0.00% | 0.02% | 6.51% |
Drawdowns
AIONX vs. AQMIX - Drawdown Comparison
The maximum AIONX drawdown since its inception was -32.32%, which is greater than AQMIX's maximum drawdown of -26.52%. Use the drawdown chart below to compare losses from any high point for AIONX and AQMIX.
Loading graphics...
Drawdown Indicators
| AIONX | AQMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.32% | -26.52% | -5.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.70% | -5.45% | -6.25% |
Max Drawdown (5Y)Largest decline over 5 years | -32.32% | -13.57% | -18.75% |
Max Drawdown (10Y)Largest decline over 10 years | -32.32% | -23.34% | -8.98% |
Current DrawdownCurrent decline from peak | -8.56% | -0.94% | -7.62% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -10.10% | +2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 1.85% | +1.13% |
Volatility
AIONX vs. AQMIX - Volatility Comparison
AQR International Momentum Style Fund Class N (AIONX) has a higher volatility of 8.64% compared to AQR Managed Futures Strategy Fund (AQMIX) at 2.58%. This indicates that AIONX's price experiences larger fluctuations and is considered to be riskier than AQMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AIONX | AQMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.64% | 2.58% | +6.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 6.71% | +5.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.00% | 9.62% | +8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 11.55% | +5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 10.36% | +6.37% |