AMOMX vs. MEIFX

Last updated Jun 4, 2026

AMOMX (AQR Large Cap Momentum Style Fund) and MEIFX (Meridian Enhanced Equity Fund) are both Large Cap Growth Equities funds. A 0.79 correlation means they provide meaningful diversification when combined. AMOMX charges 0.41%/yr vs 1.20%/yr for MEIFX.

Performance

AMOMX vs. MEIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Large Cap Momentum Style Fund (AMOMX) and Meridian Enhanced Equity Fund (MEIFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMOMX

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

MEIFX

• 1D: -1.37%
• 1M: 1.63%
• YTD: 4.66%
• 6M: 5.62%
• 1Y: 8.51%
• 3Y*: 11.49%
• 5Y*: 6.46%
• 10Y*: 14.03%

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

AMOMX vs. MEIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMOMX AQR Large Cap Momentum Style Fund	11.26%	15.36%	27.62%	18.17%	-18.00%	26.01%	26.86%	29.20%	-4.01%	23.87%
MEIFX Meridian Enhanced Equity Fund	4.66%	6.51%	13.19%	18.96%	-16.43%	15.15%	26.18%	44.95%	-0.51%	27.94%

Correlation

The correlation between AMOMX and MEIFX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jul 10, 2009	0.79

Over the past year, the correlation between AMOMX and MEIFX has dropped to 0.49 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

AMOMX vs. MEIFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MEIFX

MEIFX Risk / Return Rank: 18
MEIFX Sharpe Ratio Rank: 13
MEIFX Sortino Ratio Rank: 13
MEIFX Omega Ratio Rank: 12
MEIFX Calmar Ratio Rank: 27
MEIFX Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMOMX vs. MEIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Large Cap Momentum Style Fund (AMOMX) and Meridian Enhanced Equity Fund (MEIFX). 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.

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

Sharpe Ratios by Period

	AMOMX	MEIFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.53	—

Drawdowns

Drawdown Indicators

	AMOMX	MEIFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-54.37%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.80%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.67%	—
Current Drawdown Current decline from peak	—	-1.53%	—
Average Drawdown Average peak-to-trough decline	—	-7.72%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.48%	—

Volatility

Volatility by Period

	AMOMX	MEIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	9.35%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.91%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.95%	—

AMOMX vs. MEIFX - Expense Ratio Comparison

AMOMX has a 0.41% expense ratio, which is lower than MEIFX's 1.20% expense ratio.

Dividends

AMOMX vs. MEIFX - Dividend Comparison

AMOMX's dividend yield for the trailing twelve months is around 30.65%, more than MEIFX's 6.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMOMX AQR Large Cap Momentum Style Fund	30.65%	25.49%	14.05%	14.08%	10.95%	17.95%	16.14%	10.22%	12.17%	9.15%	8.23%	8.44%
MEIFX Meridian Enhanced Equity Fund	6.92%	7.25%	14.61%	0.61%	9.28%	25.44%	13.26%	40.49%	11.67%	1.18%	0.78%	4.24%

Frequently Asked Questions

Can I hold both AMOMX and MEIFX in my portfolio?

AMOMX and MEIFX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.