AQMIX vs. AHLPX
Compare and contrast key facts about AQR Managed Futures Strategy Fund (AQMIX) and American Beacon AHL Managed Futures Strategy Fund (AHLPX).
AQMIX is managed by AQR Funds. It was launched on Jan 5, 2010. AHLPX is managed by American Beacon. It was launched on Aug 18, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQMIX or AHLPX.
Correlation
The correlation between AQMIX and AHLPX is 0.70, 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.
Performance
AQMIX vs. AHLPX - Performance Comparison
Key characteristics
AQMIX:
0.44
AHLPX:
0.20
AQMIX:
0.62
AHLPX:
0.34
AQMIX:
1.09
AHLPX:
1.04
AQMIX:
0.34
AHLPX:
0.08
AQMIX:
0.73
AHLPX:
0.28
AQMIX:
6.38%
AHLPX:
6.69%
AQMIX:
10.65%
AHLPX:
9.26%
AQMIX:
-27.99%
AHLPX:
-22.66%
AQMIX:
-8.65%
AHLPX:
-19.32%
Returns By Period
In the year-to-date period, AQMIX achieves a 4.52% return, which is significantly higher than AHLPX's 1.85% return. Over the past 10 years, AQMIX has outperformed AHLPX with an annualized return of 1.86%, while AHLPX has yielded a comparatively lower 0.77% annualized return.
AQMIX
4.52%
-2.06%
-5.63%
4.65%
7.32%
1.86%
AHLPX
1.85%
0.51%
-4.62%
1.85%
1.81%
0.77%
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AQMIX vs. AHLPX - Expense Ratio Comparison
AQMIX has a 1.25% expense ratio, which is lower than AHLPX's 1.83% expense ratio.
Risk-Adjusted Performance
AQMIX vs. AHLPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Managed Futures Strategy Fund (AQMIX) and American Beacon AHL Managed Futures Strategy Fund (AHLPX). 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.
Dividends
AQMIX vs. AHLPX - Dividend Comparison
Neither AQMIX nor AHLPX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
AQMIX AQR Managed Futures Strategy Fund | 0.00% | 8.41% | 12.76% | 6.94% | 5.31% | 3.13% | 0.00% | 0.00% | 0.02% | 4.49% | 4.50% |
AHLPX American Beacon AHL Managed Futures Strategy Fund | 0.00% | 0.63% | 4.75% | 4.09% | 2.96% | 2.26% | 0.91% | 0.00% | 0.00% | 1.91% | 2.80% |
Drawdowns
AQMIX vs. AHLPX - Drawdown Comparison
The maximum AQMIX drawdown since its inception was -27.99%, which is greater than AHLPX's maximum drawdown of -22.66%. Use the drawdown chart below to compare losses from any high point for AQMIX and AHLPX. For additional features, visit the drawdowns tool.
Volatility
AQMIX vs. AHLPX - Volatility Comparison
AQR Managed Futures Strategy Fund (AQMIX) has a higher volatility of 5.30% compared to American Beacon AHL Managed Futures Strategy Fund (AHLPX) at 2.53%. This indicates that AQMIX's price experiences larger fluctuations and is considered to be riskier than AHLPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.