AMOMX vs. QNZIX

Last updated Apr 1, 2026

Compare and contrast key facts about AQR Large Cap Momentum Style Fund (AMOMX) and AQR Trend Total Return Fund Class I (QNZIX).

AMOMX is managed by AQR Funds. It was launched on Jul 9, 2009. QNZIX is an actively managed fund by AQR Funds. It was launched on Dec 16, 2021.

Performance

AMOMX vs. QNZIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Large Cap Momentum Style Fund (AMOMX) and AQR Trend Total Return Fund Class I (QNZIX). The values are adjusted to include any dividend payments, if applicable.

AMOMX vs. QNZIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMOMX AQR Large Cap Momentum Style Fund	-6.19%	15.36%	27.62%	18.17%	-10.29%
QNZIX AQR Trend Total Return Fund Class I	5.97%	23.26%	35.22%	23.03%	1.57%

Returns By Period

In the year-to-date period, AMOMX achieves a -6.19% return, which is significantly lower than QNZIX's 5.97% return.

AMOMX

• 1D: -1.37%
• 1M: -8.17%
• YTD: -6.19%
• 6M: -7.18%
• 1Y: 15.03%
• 3Y*: 17.28%
• 5Y*: 10.57%
• 10Y*: 13.17%

QNZIX

• 1D: -0.58%
• 1M: -1.84%
• YTD: 5.97%
• 6M: 11.00%
• 1Y: 26.78%
• 3Y*: 27.97%
• 5Y*: —
• 10Y*: —

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

AMOMX vs. QNZIX - Expense Ratio Comparison

AMOMX has a 0.41% expense ratio, which is lower than QNZIX's 1.27% expense ratio.

QNZIX

AQR Trend Total Return Fund Class I

AMOMX

AQR Large Cap Momentum Style Fund

Return for Risk

AMOMX vs. QNZIX — Risk / Return Rank

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

AMOMX

AMOMX Risk / Return Rank: 38
AMOMX Sharpe Ratio Rank: 33
AMOMX Sortino Ratio Rank: 36
AMOMX Omega Ratio Rank: 38
AMOMX Calmar Ratio Rank: 37
AMOMX Martin Ratio Rank: 45

QNZIX

QNZIX Risk / Return Rank: 92
QNZIX Sharpe Ratio Rank: 93
QNZIX Sortino Ratio Rank: 90
QNZIX Omega Ratio Rank: 89
QNZIX Calmar Ratio Rank: 91
QNZIX Martin Ratio Rank: 95

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. QNZIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Large Cap Momentum Style Fund (AMOMX) and AQR Trend Total Return Fund Class I (QNZIX). 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.

	AMOMX	QNZIX	Difference
Sharpe ratio Return per unit of total volatility	0.73	2.03	-1.30
Sortino ratio Return per unit of downside risk	1.16	2.55	-1.39
Omega ratio Gain probability vs. loss probability	1.17	1.39	-0.22
Calmar ratio Return relative to maximum drawdown	0.99	2.57	-1.58
Martin ratio Return relative to average drawdown	4.50	12.86	-8.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMOMX vs. QNZIX - Sharpe Ratio Comparison

The current AMOMX Sharpe Ratio is 0.73, which is lower than the QNZIX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of AMOMX and QNZIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMOMX	QNZIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	2.03	-1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	1.79	-1.10

Correlation

The correlation between AMOMX and QNZIX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AMOMX vs. QNZIX - Dividend Comparison

AMOMX's dividend yield for the trailing twelve months is around 27.17%, more than QNZIX's 1.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMOMX AQR Large Cap Momentum Style Fund	27.17%	25.49%	14.05%	14.08%	10.95%	17.95%	16.14%	10.22%	12.17%	9.15%	8.23%	8.44%
QNZIX AQR Trend Total Return Fund Class I	1.01%	1.07%	16.81%	23.32%	2.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AMOMX vs. QNZIX - Drawdown Comparison

The maximum AMOMX drawdown since its inception was -34.80%, which is greater than QNZIX's maximum drawdown of -18.35%. Use the drawdown chart below to compare losses from any high point for AMOMX and QNZIX.

Drawdown Indicators

	AMOMX	QNZIX	Difference
Max Drawdown Largest peak-to-trough decline	-34.80%	-18.35%	-16.45%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-10.34%	-2.62%
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.80%	—	—
Current Drawdown Current decline from peak	-9.42%	-3.02%	-6.40%
Average Drawdown Average peak-to-trough decline	-6.34%	-2.87%	-3.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	2.07%	+0.78%

Volatility

AMOMX vs. QNZIX - Volatility Comparison

AQR Large Cap Momentum Style Fund (AMOMX) has a higher volatility of 5.77% compared to AQR Trend Total Return Fund Class I (QNZIX) at 2.56%. This indicates that AMOMX's price experiences larger fluctuations and is considered to be riskier than QNZIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMOMX	QNZIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.77%	2.56%	+3.21%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	8.89%	+2.92%
Volatility (1Y) Calculated over the trailing 1-year period	21.18%	13.67%	+7.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.46%	12.19%	+9.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.89%	12.19%	+8.70%