IPOS vs. AUEIX
Compare and contrast key facts about Renaissance International IPO ETF (IPOS) and AQR Large Cap Defensive Style Fund (AUEIX).
IPOS is a passively managed fund by Renaissance Capital that tracks the performance of the Renaissance International IPO Index. It was launched on Oct 6, 2014. AUEIX is managed by AQR Funds. It was launched on Jul 9, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPOS or AUEIX.
Correlation
The correlation between IPOS and AUEIX is 0.39, 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
IPOS vs. AUEIX - Performance Comparison
Key characteristics
IPOS:
-0.50
AUEIX:
-0.29
IPOS:
-0.58
AUEIX:
-0.19
IPOS:
0.93
AUEIX:
0.94
IPOS:
-0.15
AUEIX:
-0.25
IPOS:
-1.00
AUEIX:
-1.76
IPOS:
10.32%
AUEIX:
3.52%
IPOS:
20.59%
AUEIX:
21.29%
IPOS:
-70.23%
AUEIX:
-33.57%
IPOS:
-69.18%
AUEIX:
-24.63%
Returns By Period
In the year-to-date period, IPOS achieves a -11.01% return, which is significantly lower than AUEIX's -7.06% return. Over the past 10 years, IPOS has underperformed AUEIX with an annualized return of -4.73%, while AUEIX has yielded a comparatively higher 8.52% annualized return.
IPOS
-11.01%
2.12%
-4.94%
-9.29%
-12.12%
-4.73%
AUEIX
-7.06%
-22.57%
-15.59%
-6.59%
4.21%
8.52%
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IPOS vs. AUEIX - Expense Ratio Comparison
IPOS has a 0.80% expense ratio, which is higher than AUEIX's 0.37% expense ratio.
Risk-Adjusted Performance
IPOS vs. AUEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance International IPO ETF (IPOS) and AQR Large Cap Defensive Style Fund (AUEIX). 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
IPOS vs. AUEIX - Dividend Comparison
IPOS's dividend yield for the trailing twelve months is around 0.91%, while AUEIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 0.91% | 0.33% | 0.00% | 0.00% | 0.25% | 0.89% | 5.40% | 0.87% | 1.73% | 1.08% | 0.16% | 0.00% |
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% |
Drawdowns
IPOS vs. AUEIX - Drawdown Comparison
The maximum IPOS drawdown since its inception was -70.23%, which is greater than AUEIX's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for IPOS and AUEIX. For additional features, visit the drawdowns tool.
Volatility
IPOS vs. AUEIX - Volatility Comparison
The current volatility for Renaissance International IPO ETF (IPOS) is 5.48%, while AQR Large Cap Defensive Style Fund (AUEIX) has a volatility of 21.75%. This indicates that IPOS experiences smaller price fluctuations and is considered to be less risky than AUEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.