AQRIX vs. NTSX

Last updated Jun 25, 2026

AQRIX (AQR Multi-Asset Fund) and NTSX (WisdomTree U.S. Efficient Core Fund) are both funds - AQRIX is a Tactical Allocation fund managed by AQR Funds, while NTSX is a Diversified Portfolio fund actively managed by WisdomTree. Over the past 5 years, AQRIX returned 8.25%/yr vs 8.85%/yr for NTSX. A 0.69 correlation means they provide meaningful diversification when combined. AQRIX charges 0.80%/yr vs 0.20%/yr for NTSX.

Performance

AQRIX vs. NTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Multi-Asset Fund (AQRIX) and WisdomTree U.S. Efficient Core Fund (NTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AQRIX achieves a 7.62% return, which is significantly higher than NTSX's 6.69% return.

AQRIX

• 1D: -1.23%
• 1M: -1.00%
• YTD: 7.62%
• 6M: 7.09%
• 1Y: 18.05%
• 3Y*: 14.51%
• 5Y*: 8.25%
• 10Y*: 8.26%

NTSX

• 1D: 0.22%
• 1M: -0.65%
• YTD: 6.69%
• 6M: 5.08%
• 1Y: 19.80%
• 3Y*: 18.32%
• 5Y*: 8.85%
• 10Y*: —

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

AQRIX vs. NTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AQRIX AQR Multi-Asset Fund	7.62%	18.71%	10.45%	11.59%	-10.54%	14.35%	2.68%	21.03%	-5.12%
NTSX WisdomTree U.S. Efficient Core Fund	6.69%	18.82%	20.20%	22.70%	-25.84%	22.21%	24.87%	32.03%	-7.87%

Correlation

The correlation between AQRIX and NTSX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Aug 2, 2018	0.69

The correlation between AQRIX and NTSX shifts across timeframes, from 0.69 (all time) to 0.79 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

AQRIX vs. NTSX — Risk / Return Rank

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

AQRIX

AQRIX Risk / Return Rank: 46
AQRIX Sharpe Ratio Rank: 46
AQRIX Sortino Ratio Rank: 43
AQRIX Omega Ratio Rank: 43
AQRIX Calmar Ratio Rank: 46
AQRIX Martin Ratio Rank: 53

NTSX

NTSX Risk / Return Rank: 50
NTSX Sharpe Ratio Rank: 49
NTSX Sortino Ratio Rank: 46
NTSX Omega Ratio Rank: 47
NTSX Calmar Ratio Rank: 48
NTSX Martin Ratio Rank: 58

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.

AQRIX vs. NTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Multi-Asset Fund (AQRIX) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AQRIX	NTSX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.52	+0.30
Sortino ratio: Return per unit of downside risk	2.52	2.09	+0.43
Omega ratio: Gain probability vs. loss probability	1.33	1.27	+0.05
Calmar ratio: Return relative to maximum drawdown	2.47	2.17	+0.30
Martin ratio: Return relative to average drawdown	10.09	9.22	+0.87

AQRIX vs. NTSX - Sharpe Ratio Comparison

The current AQRIX Sharpe Ratio is 1.83, which is comparable to the NTSX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of AQRIX and NTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AQRIX vs. NTSX - Drawdown Comparison

The maximum AQRIX drawdown since its inception was -19.37%, smaller than the maximum NTSX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for AQRIX and NTSX.

Drawdown Indicators

	AQRIX	NTSX	Difference
Max Drawdown Largest peak-to-trough decline	-19.37%	-31.34%	+11.97%
Max Drawdown (1Y) Largest decline over 1 year	-7.48%	-9.16%	+1.68%
Max Drawdown (3Y) Largest decline over 3 years	-11.05%	-16.82%	+5.77%
Max Drawdown (5Y) Largest decline over 5 years	-19.37%	-31.34%	+11.97%
Max Drawdown (10Y) Largest decline over 10 years	-19.37%	—	—
Current Drawdown Current decline from peak	-2.87%	-2.81%	-0.06%
Average Drawdown Average peak-to-trough decline	-4.81%	-6.76%	+1.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	2.15%	-0.33%

Volatility

AQRIX vs. NTSX - Volatility Comparison

The current volatility for AQR Multi-Asset Fund (AQRIX) is 3.62%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 5.25%. This indicates that AQRIX experiences smaller price fluctuations and is considered to be less risky than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AQRIX	NTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	5.25%	-1.63%
Volatility (6M) Calculated over the trailing 6-month period	8.09%	10.56%	-2.47%
Volatility (1Y) Calculated over the trailing 1-year period	10.08%	13.11%	-3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.72%	17.17%	-6.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.83%	18.29%	-8.46%

AQRIX vs. NTSX - Expense Ratio Comparison

AQRIX has a 0.80% expense ratio, which is higher than NTSX's 0.20% expense ratio.

Dividends

AQRIX vs. NTSX - Dividend Comparison

AQRIX's dividend yield for the trailing twelve months is around 3.58%, more than NTSX's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AQRIX AQR Multi-Asset Fund	3.58%	3.85%	1.72%	2.40%	6.82%	6.39%	1.09%	6.65%	7.36%	10.49%	7.08%	2.51%
NTSX WisdomTree U.S. Efficient Core Fund	1.09%	1.14%	1.14%	1.21%	1.36%	0.82%	0.92%	1.42%	0.62%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AQRIX and NTSX in my portfolio?

AQRIX and NTSX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AQRIX or NTSX?

NTSX has higher volatility (5.25%) compared to AQRIX (3.62%). In terms of maximum drawdown, AQRIX dropped -19.37% vs NTSX's -31.34%.

Which has better risk-adjusted returns?

AQRIX currently has the higher Sharpe Ratio (1.83 vs 1.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.