ASMOX vs. QDSIX

Last updated Aug 1, 2026

ASMOX (AQR Small Cap Momentum Style Fund) and QDSIX (AQR Diversifying Strategies Fund - Class I) are both mutual funds - ASMOX is a Small Cap Growth Equities fund managed by AQR, while QDSIX is a Multistrategy fund managed by AQR. Their 0.16 correlation means their historical movements had little consistent relationship. ASMOX charges 0.61%/yr vs 1.23%/yr for QDSIX.

Performance

ASMOX vs. QDSIX - Performance Comparison

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

Returns By Period

ASMOX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QDSIX

• 1D: 0.61%
• 1M: 2.21%
• 6M: 3.50%
• YTD: 5.50%
• 1Y: 13.88%
• 3Y*: 12.16%
• 5Y*: 11.24%
• 10Y*: —
• ALL TIME*: 11.62%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QDSIX AQR Diversifying Strategies Fund - Class I	$0.00	$0.00	$0.00

ASMOX vs. QDSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ASMOX AQR Small Cap Momentum Style Fund	17.33%	16.87%	16.54%	18.37%	-19.56%	15.37%	33.62%
QDSIX AQR Diversifying Strategies Fund - Class I	5.50%	16.36%	9.71%	8.88%	14.69%	10.64%	5.50%

Correlation

The correlation between ASMOX and QDSIX is 0.28, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.28
Correlation (3Y) Balances recent behavior with more history.	0.24
Correlation (5Y) Shows whether the relationship held over a longer period.	0.12
Correlation (All Time) Calculated using the full available price history since Jun 10, 2020	0.16

The correlation between ASMOX and QDSIX shifts across timeframes, from 0.12 (5 years) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ASMOX vs. QDSIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ASMOX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QDSIX

QDSIX Risk / Return Rank: 92
QDSIX Sharpe Ratio Rank: 93
QDSIX Sortino Ratio Rank: 92
QDSIX Omega Ratio Rank: 88
QDSIX Calmar Ratio Rank: 95
QDSIX Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ASMOX vs. QDSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Small Cap Momentum Style Fund (ASMOX) and AQR Diversifying Strategies Fund - Class I (QDSIX). 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.

	ASMOX	QDSIX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.43	—
Sortino ratio: Return per unit of downside risk	—	3.56	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	4.21	—
Martin ratio: Return relative to average drawdown	—	13.94	—

Drawdowns

Drawdown Indicators

	ASMOX	QDSIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-7.06%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.06%	—
Current Drawdown Current decline from peak	—	-0.94%	—
Average Drawdown Average peak-to-trough decline	—	-1.44%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.93%	—

Volatility

Volatility by Period

	ASMOX	QDSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.36%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	7.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	7.30%	—

ASMOX vs. QDSIX - Expense Ratio Comparison

ASMOX has a 0.61% expense ratio, which is lower than QDSIX's 1.23% expense ratio.

Dividends

ASMOX vs. QDSIX - Dividend Comparison

ASMOX's dividend yield for the trailing twelve months is around 7.88%, more than QDSIX's 2.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASMOX AQR Small Cap Momentum Style Fund	7.88%	8.12%	18.80%	3.92%	0.57%	24.81%	5.46%	4.38%	29.63%	9.90%	0.79%	1.23%
QDSIX AQR Diversifying Strategies Fund - Class I	2.12%	2.23%	0.00%	11.35%	8.22%	6.07%	1.93%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ASMOX and QDSIX in my portfolio?

ASMOX and QDSIX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.