AQMIX vs. IWP
Compare and contrast key facts about AQR Managed Futures Strategy Fund (AQMIX) and iShares Russell Mid-Cap Growth ETF (IWP).
AQMIX is managed by AQR Funds. It was launched on Jan 5, 2010. IWP is a passively managed fund by iShares that tracks the performance of the Russell Midcap Growth Index. It was launched on Jul 17, 2001.
Performance
AQMIX vs. IWP - Performance Comparison
Loading graphics...
AQMIX vs. IWP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AQMIX AQR Managed Futures Strategy Fund | 9.72% | 14.62% | 8.13% | 2.08% | 35.47% | -1.04% | -0.43% | 1.92% | -8.88% | -0.97% |
IWP iShares Russell Mid-Cap Growth ETF | -5.91% | 8.45% | 21.86% | 25.70% | -26.90% | 12.60% | 35.25% | 35.04% | -4.89% | 24.93% |
Returns By Period
In the year-to-date period, AQMIX achieves a 9.72% return, which is significantly higher than IWP's -5.91% return. Over the past 10 years, AQMIX has underperformed IWP with an annualized return of 4.43%, while IWP has yielded a comparatively higher 11.47% annualized return.
AQMIX
- 1D
- -0.47%
- 1M
- 0.96%
- YTD
- 9.72%
- 6M
- 12.93%
- 1Y
- 20.27%
- 3Y*
- 13.32%
- 5Y*
- 12.58%
- 10Y*
- 4.43%
IWP
- 1D
- 0.52%
- 1M
- -5.80%
- YTD
- -5.91%
- 6M
- -9.13%
- 1Y
- 9.02%
- 3Y*
- 12.74%
- 5Y*
- 4.89%
- 10Y*
- 11.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AQMIX vs. IWP - Expense Ratio Comparison
AQMIX has a 1.25% expense ratio, which is higher than IWP's 0.23% expense ratio.
Return for Risk
AQMIX vs. IWP — Risk / Return Rank
AQMIX
IWP
AQMIX vs. IWP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Managed Futures Strategy Fund (AQMIX) and iShares Russell Mid-Cap Growth ETF (IWP). 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.
| AQMIX | IWP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.16 | 0.39 | +1.76 |
Sortino ratioReturn per unit of downside risk | 2.71 | 0.73 | +1.98 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.10 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 3.92 | 0.68 | +3.24 |
Martin ratioReturn relative to average drawdown | 11.52 | 2.10 | +9.42 |
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
| AQMIX | IWP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 0.39 | +1.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.22 | +0.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.53 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.41 | 0.00 |
Correlation
The correlation between AQMIX and IWP is 0.04, 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
AQMIX vs. IWP - Dividend Comparison
AQMIX's dividend yield for the trailing twelve months is around 2.06%, more than IWP's 0.36% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQMIX AQR Managed Futures Strategy Fund | 2.06% | 2.26% | 3.83% | 8.39% | 12.76% | 6.94% | 5.31% | 3.13% | 0.00% | 0.00% | 0.02% | 6.51% |
IWP iShares Russell Mid-Cap Growth ETF | 0.36% | 0.37% | 0.40% | 0.54% | 0.77% | 0.30% | 0.38% | 0.59% | 1.02% | 0.78% | 1.16% | 0.98% |
Drawdowns
AQMIX vs. IWP - Drawdown Comparison
The maximum AQMIX drawdown since its inception was -26.52%, smaller than the maximum IWP drawdown of -56.92%. Use the drawdown chart below to compare losses from any high point for AQMIX and IWP.
Loading graphics...
Drawdown Indicators
| AQMIX | IWP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.52% | -56.92% | +30.40% |
Max Drawdown (1Y)Largest decline over 1 year | -5.45% | -14.79% | +9.34% |
Max Drawdown (5Y)Largest decline over 5 years | -13.57% | -38.62% | +25.05% |
Max Drawdown (10Y)Largest decline over 10 years | -23.34% | -38.62% | +15.28% |
Current DrawdownCurrent decline from peak | -0.94% | -11.22% | +10.28% |
Average DrawdownAverage peak-to-trough decline | -10.10% | -9.71% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 4.76% | -2.91% |
Volatility
AQMIX vs. IWP - Volatility Comparison
The current volatility for AQR Managed Futures Strategy Fund (AQMIX) is 2.58%, while iShares Russell Mid-Cap Growth ETF (IWP) has a volatility of 7.02%. This indicates that AQMIX experiences smaller price fluctuations and is considered to be less risky than IWP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AQMIX | IWP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 7.02% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 6.71% | 13.18% | -6.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.62% | 23.08% | -13.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.55% | 22.34% | -10.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.36% | 21.63% | -11.27% |