ASMOX vs. AQRIX

Last updated Apr 2, 2026

Compare and contrast key facts about AQR Small Cap Momentum Style Fund (ASMOX) and AQR Multi-Asset Fund (AQRIX).

ASMOX is managed by AQR Funds. It was launched on Jul 9, 2009. AQRIX is managed by AQR Funds. It was launched on Sep 29, 2010.

Performance

ASMOX vs. AQRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Small Cap Momentum Style Fund (ASMOX) and AQR Multi-Asset Fund (AQRIX). The values are adjusted to include any dividend payments, if applicable.

ASMOX vs. AQRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASMOX AQR Small Cap Momentum Style Fund	1.25%	16.87%	16.54%	18.37%	-19.56%	15.37%	25.76%	26.47%	-12.14%	17.43%
AQRIX AQR Multi-Asset Fund	2.01%	18.71%	10.45%	11.59%	-10.54%	14.35%	2.68%	21.03%	-6.95%	16.34%

Returns By Period

In the year-to-date period, ASMOX achieves a 1.25% return, which is significantly lower than AQRIX's 2.01% return. Over the past 10 years, ASMOX has outperformed AQRIX with an annualized return of 11.41%, while AQRIX has yielded a comparatively lower 8.00% annualized return.

ASMOX

• 1D: 4.56%
• 1M: -6.72%
• YTD: 1.25%
• 6M: -0.36%
• 1Y: 30.76%
• 3Y*: 17.47%
• 5Y*: 6.05%
• 10Y*: 11.41%

AQRIX

• 1D: 1.75%
• 1M: -4.47%
• YTD: 2.01%
• 6M: 4.67%
• 1Y: 14.84%
• 3Y*: 12.69%
• 5Y*: 8.26%
• 10Y*: 8.00%

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

ASMOX vs. AQRIX - Expense Ratio Comparison

ASMOX has a 0.61% expense ratio, which is lower than AQRIX's 0.80% expense ratio.

AQRIX

AQR Multi-Asset Fund

ASMOX

AQR Small Cap Momentum Style Fund

Return for Risk

ASMOX vs. AQRIX — Risk / Return Rank

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

ASMOX

ASMOX Risk / Return Rank: 65
ASMOX Sharpe Ratio Rank: 61
ASMOX Sortino Ratio Rank: 63
ASMOX Omega Ratio Rank: 49
ASMOX Calmar Ratio Rank: 85
ASMOX Martin Ratio Rank: 68

AQRIX

AQRIX Risk / Return Rank: 70
AQRIX Sharpe Ratio Rank: 71
AQRIX Sortino Ratio Rank: 68
AQRIX Omega Ratio Rank: 67
AQRIX Calmar Ratio Rank: 71
AQRIX Martin Ratio Rank: 74

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.

ASMOX vs. AQRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Small Cap Momentum Style Fund (ASMOX) and AQR Multi-Asset Fund (AQRIX). 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.

	ASMOX	AQRIX	Difference
Sharpe ratio Return per unit of total volatility	1.16	1.31	-0.15
Sortino ratio Return per unit of downside risk	1.69	1.77	-0.08
Omega ratio Gain probability vs. loss probability	1.22	1.26	-0.05
Calmar ratio Return relative to maximum drawdown	2.26	1.71	+0.54
Martin ratio Return relative to average drawdown	6.77	7.30	-0.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASMOX vs. AQRIX - Sharpe Ratio Comparison

The current ASMOX Sharpe Ratio is 1.16, which is comparable to the AQRIX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of ASMOX and AQRIX, 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

	ASMOX	AQRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.31	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.78	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.82	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.75	-0.27

Correlation

The correlation between ASMOX and AQRIX is 0.55, 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

ASMOX vs. AQRIX - Dividend Comparison

ASMOX's dividend yield for the trailing twelve months is around 8.02%, more than AQRIX's 3.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASMOX AQR Small Cap Momentum Style Fund	8.02%	8.12%	18.80%	3.92%	0.57%	24.81%	5.46%	4.38%	29.63%	9.90%	0.79%	1.23%
AQRIX AQR Multi-Asset Fund	3.78%	3.85%	1.72%	2.40%	6.82%	6.39%	1.09%	6.65%	7.36%	10.49%	7.08%	2.51%

Drawdowns

ASMOX vs. AQRIX - Drawdown Comparison

The maximum ASMOX drawdown since its inception was -42.16%, which is greater than AQRIX's maximum drawdown of -19.37%. Use the drawdown chart below to compare losses from any high point for ASMOX and AQRIX.

Drawdown Indicators

	ASMOX	AQRIX	Difference
Max Drawdown Largest peak-to-trough decline	-42.16%	-19.37%	-22.79%
Max Drawdown (1Y) Largest decline over 1 year	-13.69%	-9.52%	-4.17%
Max Drawdown (5Y) Largest decline over 5 years	-40.32%	-19.37%	-20.95%
Max Drawdown (10Y) Largest decline over 10 years	-42.16%	-19.37%	-22.79%
Current Drawdown Current decline from peak	-9.76%	-5.14%	-4.62%
Average Drawdown Average peak-to-trough decline	-10.63%	-4.86%	-5.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.57%	2.24%	+2.33%

Volatility

ASMOX vs. AQRIX - Volatility Comparison

AQR Small Cap Momentum Style Fund (ASMOX) has a higher volatility of 9.83% compared to AQR Multi-Asset Fund (AQRIX) at 4.72%. This indicates that ASMOX's price experiences larger fluctuations and is considered to be riskier than AQRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASMOX	AQRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.83%	4.72%	+5.11%
Volatility (6M) Calculated over the trailing 6-month period	19.35%	7.83%	+11.52%
Volatility (1Y) Calculated over the trailing 1-year period	26.96%	12.04%	+14.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.04%	10.64%	+17.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.49%	9.76%	+16.73%