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:
-0.43
MDY:
-0.12
AUEIX:
-0.36
MDY:
-0.02
AUEIX:
0.90
MDY:
1.00
AUEIX:
-0.26
MDY:
-0.11
AUEIX:
-0.79
MDY:
-0.39
AUEIX:
12.06%
MDY:
6.64%
AUEIX:
22.21%
MDY:
21.27%
AUEIX:
-36.80%
MDY:
-55.33%
AUEIX:
-33.14%
MDY:
-18.59%
Returns By Period
In the year-to-date period, AUEIX achieves a 1.14% return, which is significantly higher than MDY's -11.69% return. Over the past 10 years, AUEIX has underperformed MDY with an annualized return of 4.53%, while MDY has yielded a comparatively higher 7.48% annualized return.
AUEIX
1.14%
-2.34%
-20.28%
-9.50%
0.45%
4.53%
MDY
-11.69%
-7.87%
-13.55%
-1.62%
13.46%
7.48%
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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 1.76%, more than MDY's 1.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUEIX AQR Large Cap Defensive Style Fund | 1.76% | 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 | 1.40% | 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 -36.80%, 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 8.91%, while SPDR S&P MidCap 400 ETF (MDY) has a volatility of 14.23%. 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.