AIONX vs. QMHIX
Compare and contrast key facts about AQR International Momentum Style Fund Class N (AIONX) and AQR Managed Futures Strategy HV Fund (QMHIX).
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. QMHIX is managed by AQR Funds. It was launched on Jul 15, 2013.
Performance
AIONX vs. QMHIX - Performance Comparison
Loading graphics...
AIONX vs. QMHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIONX AQR International Momentum Style Fund Class N | -3.44% | 34.58% | 8.41% | 16.39% | -19.64% | 11.72% | 16.32% | 22.29% | -15.50% | 24.99% |
QMHIX AQR Managed Futures Strategy HV Fund | 13.91% | 19.97% | 10.78% | -0.17% | 50.14% | -2.08% | -0.73% | 1.82% | -14.44% | -1.72% |
Returns By Period
In the year-to-date period, AIONX achieves a -3.44% return, which is significantly lower than QMHIX's 13.91% return. Over the past 10 years, AIONX has outperformed QMHIX with an annualized return of 8.20%, while QMHIX has yielded a comparatively lower 4.95% annualized return.
AIONX
- 1D
- 0.00%
- 1M
- -11.46%
- YTD
- -3.44%
- 6M
- 0.23%
- 1Y
- 19.65%
- 3Y*
- 15.88%
- 5Y*
- 7.99%
- 10Y*
- 8.20%
QMHIX
- 1D
- -0.62%
- 1M
- 1.81%
- YTD
- 13.91%
- 6M
- 18.18%
- 1Y
- 26.26%
- 3Y*
- 17.80%
- 5Y*
- 16.32%
- 10Y*
- 4.95%
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. QMHIX - Expense Ratio Comparison
AIONX has a 0.88% expense ratio, which is lower than QMHIX's 1.65% expense ratio.
Return for Risk
AIONX vs. QMHIX — Risk / Return Rank
AIONX
QMHIX
AIONX vs. QMHIX - 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 HV Fund (QMHIX). 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 | QMHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 1.91 | -0.83 |
Sortino ratioReturn per unit of downside risk | 1.52 | 2.35 | -0.82 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.35 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 3.33 | -1.83 |
Martin ratioReturn relative to average drawdown | 6.01 | 8.90 | -2.89 |
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 | QMHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 1.91 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.95 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.32 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.37 | +0.04 |
Correlation
The correlation between AIONX and QMHIX is 0.03, 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. QMHIX - Dividend Comparison
AIONX's dividend yield for the trailing twelve months is around 15.14%, more than QMHIX's 1.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIONX AQR International Momentum Style Fund Class N | 15.14% | 14.62% | 21.87% | 11.32% | 2.62% | 1.77% | 0.95% | 2.12% | 1.85% | 1.96% | 2.23% | 1.30% |
QMHIX AQR Managed Futures Strategy HV Fund | 1.80% | 2.05% | 2.31% | 7.66% | 9.34% | 10.96% | 9.52% | 4.18% | 0.00% | 0.00% | 0.01% | 7.57% |
Drawdowns
AIONX vs. QMHIX - Drawdown Comparison
The maximum AIONX drawdown since its inception was -32.32%, smaller than the maximum QMHIX drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for AIONX and QMHIX.
Loading graphics...
Drawdown Indicators
| AIONX | QMHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.32% | -39.37% | +7.05% |
Max Drawdown (1Y)Largest decline over 1 year | -11.70% | -8.34% | -3.36% |
Max Drawdown (5Y)Largest decline over 5 years | -32.32% | -19.06% | -13.26% |
Max Drawdown (10Y)Largest decline over 10 years | -32.32% | -34.54% | +2.22% |
Current DrawdownCurrent decline from peak | -11.70% | -1.23% | -10.47% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -18.05% | +10.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 3.13% | -0.20% |
Volatility
AIONX vs. QMHIX - Volatility Comparison
AQR International Momentum Style Fund Class N (AIONX) has a higher volatility of 7.70% compared to AQR Managed Futures Strategy HV Fund (QMHIX) at 4.04%. This indicates that AIONX's price experiences larger fluctuations and is considered to be riskier than QMHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AIONX | QMHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.70% | 4.04% | +3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 11.90% | 10.01% | +1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.69% | 14.15% | +3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.92% | 17.26% | -0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.69% | 15.50% | +1.19% |