AQRIX vs. AHTPX
Compare and contrast key facts about AQR Multi-Asset Fund (AQRIX) and American Beacon AHL TargetRisk Fund (AHTPX).
AQRIX is managed by AQR Funds. It was launched on Sep 29, 2010. AHTPX is managed by American Beacon. It was launched on Dec 30, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQRIX or AHTPX.
Key characteristics
| AQRIX | AHTPX | |
|---|---|---|
| YTD Return | 11.48% | 7.79% |
| 1Y Return | 18.01% | 16.16% |
| 3Y Return (Ann) | 3.08% | -4.04% |
| 5Y Return (Ann) | 5.74% | 0.86% |
| Sharpe Ratio | 1.90 | 1.64 |
| Sortino Ratio | 2.70 | 2.21 |
| Omega Ratio | 1.35 | 1.31 |
| Calmar Ratio | 2.33 | 0.67 |
| Martin Ratio | 9.94 | 5.84 |
| Ulcer Index | 1.71% | 2.75% |
| Daily Std Dev | 8.95% | 9.75% |
| Max Drawdown | -24.06% | -27.86% |
| Current Drawdown | -2.02% | -11.67% |
Correlation
The correlation between AQRIX and AHTPX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AQRIX vs. AHTPX - Performance Comparison
In the year-to-date period, AQRIX achieves a 11.48% return, which is significantly higher than AHTPX's 7.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AQRIX vs. AHTPX - Expense Ratio Comparison
AQRIX has a 0.80% expense ratio, which is lower than AHTPX's 1.41% expense ratio.
Risk-Adjusted Performance
AQRIX vs. AHTPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Multi-Asset Fund (AQRIX) and American Beacon AHL TargetRisk Fund (AHTPX). 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
AQRIX vs. AHTPX - Dividend Comparison
AQRIX's dividend yield for the trailing twelve months is around 2.16%, less than AHTPX's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQRIX AQR Multi-Asset Fund | 2.16% | 2.41% | 6.82% | 5.39% | 1.09% | 9.59% | 3.33% | 1.95% | 2.52% | 0.00% | 4.29% | 2.53% |
AHTPX American Beacon AHL TargetRisk Fund | 3.37% | 3.63% | 3.19% | 7.61% | 0.00% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AQRIX vs. AHTPX - Drawdown Comparison
The maximum AQRIX drawdown since its inception was -24.06%, smaller than the maximum AHTPX drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for AQRIX and AHTPX. For additional features, visit the drawdowns tool.
Volatility
AQRIX vs. AHTPX - Volatility Comparison
AQR Multi-Asset Fund (AQRIX) has a higher volatility of 2.53% compared to American Beacon AHL TargetRisk Fund (AHTPX) at 2.28%. This indicates that AQRIX's price experiences larger fluctuations and is considered to be riskier than AHTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.