AUEIX vs. MDY
Compare and contrast key facts about AQR Large Cap Defensive Style Fund (AUEIX) and SPDR S&P MidCap 400 ETF (MDY).
AUEIX is managed by AQR Funds. It was launched on Jul 9, 2012. MDY is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on May 4, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUEIX or MDY.
Correlation
The correlation between AUEIX and MDY is 0.82, 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
AUEIX vs. MDY - Performance Comparison
Key characteristics
AUEIX:
-0.24
MDY:
1.22
AUEIX:
-0.14
MDY:
1.76
AUEIX:
0.96
MDY:
1.22
AUEIX:
-0.14
MDY:
2.31
AUEIX:
-0.69
MDY:
5.68
AUEIX:
7.18%
MDY:
3.44%
AUEIX:
20.43%
MDY:
16.00%
AUEIX:
-34.19%
MDY:
-55.33%
AUEIX:
-31.28%
MDY:
-4.30%
Returns By Period
The year-to-date returns for both stocks are quite close, with AUEIX having a 3.95% return and MDY slightly lower at 3.81%. Over the past 10 years, AUEIX has underperformed MDY with an annualized return of 5.29%, while MDY has yielded a comparatively higher 9.97% annualized return.
AUEIX
3.95%
2.94%
-12.69%
-5.37%
-1.41%
5.29%
MDY
3.81%
3.33%
6.19%
18.65%
11.12%
9.97%
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AUEIX vs. MDY - Expense Ratio Comparison
AUEIX has a 0.37% expense ratio, which is higher than MDY's 0.23% expense ratio.
Risk-Adjusted Performance
AUEIX vs. MDY — Risk-Adjusted Performance Rank
AUEIX
MDY
AUEIX vs. MDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Large Cap Defensive Style Fund (AUEIX) and SPDR S&P MidCap 400 ETF (MDY). 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
AUEIX vs. MDY - Dividend Comparison
AUEIX's dividend yield for the trailing twelve months is around 1.72%, more than MDY's 1.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUEIX AQR Large Cap Defensive Style Fund | 1.72% | 1.78% | 2.37% | 1.39% | 1.06% | 1.29% | 1.10% | 1.22% | 1.44% | 1.45% | 0.95% | 1.98% |
MDY SPDR S&P MidCap 400 ETF | 1.14% | 1.18% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% | 1.17% |
Drawdowns
AUEIX vs. MDY - Drawdown Comparison
The maximum AUEIX drawdown since its inception was -34.19%, smaller than the maximum MDY drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for AUEIX and MDY. For additional features, visit the drawdowns tool.
Volatility
AUEIX vs. MDY - Volatility Comparison
The current volatility for AQR Large Cap Defensive Style Fund (AUEIX) is 2.70%, while SPDR S&P MidCap 400 ETF (MDY) has a volatility of 3.86%. This indicates that AUEIX experiences smaller price fluctuations and is considered to be less risky than MDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.