AIONX vs. GSIMX

Last updated Aug 1, 2026

AIONX (AQR International Momentum Style Fund Class N) and GSIMX (Goldman Sachs GQG Partners International Opportunities Fund) are both Foreign Large Cap Equities funds. Their correlation of 0.86 means they have usually moved in the same direction. AIONX charges 0.88%/yr vs 0.76%/yr for GSIMX.

Performance

AIONX vs. GSIMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR International Momentum Style Fund Class N (AIONX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AIONX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GSIMX

• 1D: 0.62%
• 1M: 2.06%
• 6M: 4.43%
• YTD: 8.14%
• 1Y: 15.67%
• 3Y*: 15.47%
• 5Y*: 9.21%
• 10Y*: —
• ALL TIME*: 12.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	$0.00	$0.00	$0.00

AIONX vs. GSIMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AIONX AQR International Momentum Style Fund Class N	6.03%	34.58%	8.41%	16.39%	-19.64%	11.72%	16.32%	22.29%	-15.50%	24.99%
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	8.14%	20.85%	9.66%	22.10%	-11.06%	12.50%	15.77%	27.64%	-6.04%	29.92%

Correlation

The correlation between AIONX and GSIMX is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.86

Over the past year, the correlation between AIONX and GSIMX has dropped to 0.53 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.

Return for Risk

AIONX vs. GSIMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIONX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GSIMX

GSIMX Risk / Return Rank: 61
GSIMX Sharpe Ratio Rank: 70
GSIMX Sortino Ratio Rank: 66
GSIMX Omega Ratio Rank: 69
GSIMX Calmar Ratio Rank: 61
GSIMX Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIONX vs. GSIMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR International Momentum Style Fund Class N (AIONX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX). 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.

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.

	AIONX	GSIMX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.60	—
Sortino ratio: Return per unit of downside risk	—	2.21	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.02	—
Martin ratio: Return relative to average drawdown	—	5.51	—

Drawdowns

Drawdown Indicators

	AIONX	GSIMX	Difference
Max Drawdown Largest peak-to-trough decline	—	-28.84%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.81%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.37%	—
Current Drawdown Current decline from peak	—	-2.17%	—
Average Drawdown Average peak-to-trough decline	—	-4.80%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.85%	—

Volatility

Volatility by Period

	AIONX	GSIMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	9.85%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.25%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	15.61%	—

AIONX vs. GSIMX - Expense Ratio Comparison

AIONX has a 0.88% expense ratio, which is higher than GSIMX's 0.76% expense ratio.

Dividends

AIONX vs. GSIMX - Dividend Comparison

AIONX's dividend yield for the trailing twelve months is around 20.01%, more than GSIMX's 4.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIONX AQR International Momentum Style Fund Class N	20.01%	14.62%	21.87%	11.32%	2.62%	1.77%	0.95%	2.12%	1.85%	1.96%	2.23%	1.30%
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	4.73%	5.12%	11.18%	2.36%	4.89%	2.23%	0.18%	0.65%	0.53%	0.16%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIONX and GSIMX in my portfolio?

AIONX and GSIMX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.