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:
-0.26
MDY:
0.97
AUEIX:
-0.16
MDY:
1.43
AUEIX:
0.95
MDY:
1.18
AUEIX:
-0.22
MDY:
1.86
AUEIX:
-1.74
MDY:
5.21
AUEIX:
3.20%
MDY:
2.98%
AUEIX:
21.27%
MDY:
15.99%
AUEIX:
-33.57%
MDY:
-55.33%
AUEIX:
-24.70%
MDY:
-7.71%
Returns By Period
In the year-to-date period, AUEIX achieves a -7.15% return, which is significantly lower than MDY's 13.77% return. Over the past 10 years, AUEIX has underperformed MDY with an annualized return of 8.56%, while MDY has yielded a comparatively higher 9.38% annualized return.
AUEIX
-7.15%
-21.30%
-15.25%
-6.30%
4.15%
8.56%
MDY
13.77%
-3.19%
7.22%
13.94%
10.12%
9.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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 has not paid dividends to shareholders, while MDY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUEIX AQR Large Cap Defensive Style Fund | 0.00% | 2.38% | 1.39% | 1.06% | 1.29% | 1.10% | 1.22% | 1.44% | 1.45% | 0.95% | 1.98% | 0.63% |
MDY SPDR S&P MidCap 400 ETF | 1.18% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% | 1.17% | 1.07% |
Drawdowns
AUEIX vs. MDY - Drawdown Comparison
The maximum AUEIX drawdown since its inception was -33.57%, 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
AQR Large Cap Defensive Style Fund (AUEIX) has a higher volatility of 21.83% compared to SPDR S&P MidCap 400 ETF (MDY) at 5.38%. This indicates that AUEIX's price experiences larger fluctuations and is considered to be riskier than MDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.