ASMOX vs. AVUV
Compare and contrast key facts about AQR Small Cap Momentum Style Fund (ASMOX) and Avantis U.S. Small Cap Value ETF (AVUV).
ASMOX is managed by AQR Funds. It was launched on Jul 9, 2009. AVUV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASMOX or AVUV.
Key characteristics
| ASMOX | AVUV | |
|---|---|---|
| YTD Return | 4.95% | 0.52% |
| 1Y Return | 25.17% | 29.90% |
| 3Y Return (Ann) | 0.85% | 7.81% |
| Sharpe Ratio | 1.24 | 1.45 |
| Daily Std Dev | 20.75% | 20.11% |
| Max Drawdown | -42.16% | -49.42% |
| Current Drawdown | -10.10% | -4.00% |
Correlation
The correlation between ASMOX and AVUV is 0.86, 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
ASMOX vs. AVUV - Performance Comparison
In the year-to-date period, ASMOX achieves a 4.95% return, which is significantly higher than AVUV's 0.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ASMOX vs. AVUV - Expense Ratio Comparison
ASMOX has a 0.61% expense ratio, which is higher than AVUV's 0.25% expense ratio.
Risk-Adjusted Performance
ASMOX vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Small Cap Momentum Style Fund (ASMOX) and Avantis U.S. Small Cap Value ETF (AVUV). 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
ASMOX vs. AVUV - Dividend Comparison
ASMOX's dividend yield for the trailing twelve months is around 3.73%, more than AVUV's 1.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASMOX AQR Small Cap Momentum Style Fund | 3.73% | 3.92% | 0.57% | 24.81% | 5.46% | 4.38% | 29.63% | 9.90% | 0.79% | 1.23% | 11.61% | 6.29% |
AVUV Avantis U.S. Small Cap Value ETF | 1.64% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ASMOX vs. AVUV - Drawdown Comparison
The maximum ASMOX drawdown since its inception was -42.16%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for ASMOX and AVUV. For additional features, visit the drawdowns tool.
Volatility
ASMOX vs. AVUV - Volatility Comparison
AQR Small Cap Momentum Style Fund (ASMOX) has a higher volatility of 6.17% compared to Avantis U.S. Small Cap Value ETF (AVUV) at 5.39%. This indicates that ASMOX's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.