CPIEX vs. QMNNX
Compare and contrast key facts about Counterpoint Tactical Equity Fund (CPIEX) and AQR Equity Market Neutral Fund N (QMNNX).
CPIEX is managed by Counterpoint Mutual Funds. It was launched on Nov 29, 2015. QMNNX is managed by AQR Funds. It was launched on Oct 7, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CPIEX or QMNNX.
Correlation
The correlation between CPIEX and QMNNX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CPIEX vs. QMNNX - Performance Comparison
Key characteristics
CPIEX:
1.63
QMNNX:
2.81
CPIEX:
2.18
QMNNX:
3.82
CPIEX:
1.29
QMNNX:
1.54
CPIEX:
2.77
QMNNX:
4.06
CPIEX:
7.39
QMNNX:
15.05
CPIEX:
2.92%
QMNNX:
1.20%
CPIEX:
13.21%
QMNNX:
6.46%
CPIEX:
-50.21%
QMNNX:
-50.11%
CPIEX:
-3.17%
QMNNX:
-2.50%
Returns By Period
In the year-to-date period, CPIEX achieves a 4.07% return, which is significantly lower than QMNNX's 7.35% return.
CPIEX
4.07%
3.14%
7.51%
20.26%
14.98%
N/A
QMNNX
7.35%
0.29%
15.18%
17.61%
10.83%
4.30%
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CPIEX vs. QMNNX - Expense Ratio Comparison
CPIEX has a 1.75% expense ratio, which is lower than QMNNX's 5.28% expense ratio.
Risk-Adjusted Performance
CPIEX vs. QMNNX — Risk-Adjusted Performance Rank
CPIEX
QMNNX
CPIEX vs. QMNNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Counterpoint Tactical Equity Fund (CPIEX) and AQR Equity Market Neutral Fund N (QMNNX). 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
CPIEX vs. QMNNX - Dividend Comparison
CPIEX's dividend yield for the trailing twelve months is around 0.07%, less than QMNNX's 5.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPIEX Counterpoint Tactical Equity Fund | 0.07% | 0.08% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QMNNX AQR Equity Market Neutral Fund N | 5.65% | 6.07% | 21.59% | 5.78% | 0.00% | 0.00% | 0.00% | 0.49% | 3.37% | 1.18% | 2.40% | 5.79% |
Drawdowns
CPIEX vs. QMNNX - Drawdown Comparison
The maximum CPIEX drawdown since its inception was -50.21%, roughly equal to the maximum QMNNX drawdown of -50.11%. Use the drawdown chart below to compare losses from any high point for CPIEX and QMNNX. For additional features, visit the drawdowns tool.
Volatility
CPIEX vs. QMNNX - Volatility Comparison
Counterpoint Tactical Equity Fund (CPIEX) and AQR Equity Market Neutral Fund N (QMNNX) have volatilities of 2.90% and 2.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.