PQTPX vs. AQMIX
Compare and contrast key facts about PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) and AQR Managed Futures Strategy Fund (AQMIX).
PQTPX is managed by PIMCO. It was launched on Dec 30, 2013. AQMIX is managed by AQR Funds. It was launched on Jan 5, 2010.
Performance
PQTPX vs. AQMIX - Performance Comparison
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PQTPX vs. AQMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 4.61% | 2.41% | -3.08% | -4.21% | 11.37% | 14.83% | 9.72% | 2.83% | 2.30% | 2.21% |
AQMIX AQR Managed Futures Strategy Fund | 10.24% | 14.62% | 8.13% | 2.08% | 35.47% | -1.04% | -0.43% | 1.92% | -8.88% | -0.97% |
Returns By Period
In the year-to-date period, PQTPX achieves a 4.61% return, which is significantly lower than AQMIX's 10.24% return. Over the past 10 years, PQTPX has underperformed AQMIX with an annualized return of 3.75%, while AQMIX has yielded a comparatively higher 4.48% annualized return.
PQTPX
- 1D
- 0.18%
- 1M
- -2.29%
- YTD
- 4.61%
- 6M
- 10.33%
- 1Y
- 12.11%
- 3Y*
- 2.06%
- 5Y*
- 4.29%
- 10Y*
- 3.75%
AQMIX
- 1D
- -0.47%
- 1M
- 1.83%
- YTD
- 10.24%
- 6M
- 13.71%
- 1Y
- 21.11%
- 3Y*
- 13.50%
- 5Y*
- 12.65%
- 10Y*
- 4.48%
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PQTPX vs. AQMIX - Expense Ratio Comparison
PQTPX has a 1.51% expense ratio, which is higher than AQMIX's 1.25% expense ratio.
Return for Risk
PQTPX vs. AQMIX — Risk / Return Rank
PQTPX
AQMIX
PQTPX vs. AQMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) and AQR Managed Futures Strategy Fund (AQMIX). 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.
| PQTPX | AQMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 2.26 | -0.87 |
Sortino ratioReturn per unit of downside risk | 1.89 | 2.83 | -0.94 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.42 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 3.87 | -2.33 |
Martin ratioReturn relative to average drawdown | 3.74 | 11.40 | -7.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PQTPX | AQMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 2.26 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 1.10 | -0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.43 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.41 | +0.05 |
Correlation
The correlation between PQTPX and AQMIX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PQTPX vs. AQMIX - Dividend Comparison
PQTPX has not paid dividends to shareholders, while AQMIX's dividend yield for the trailing twelve months is around 2.05%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 14.80% | 2.40% | 5.63% | 2.49% | 0.32% | 0.20% | 0.00% | 7.57% |
AQMIX AQR Managed Futures Strategy Fund | 2.05% | 2.26% | 3.83% | 8.39% | 12.76% | 6.94% | 5.31% | 3.13% | 0.00% | 0.00% | 0.02% | 6.51% |
Drawdowns
PQTPX vs. AQMIX - Drawdown Comparison
The maximum PQTPX drawdown since its inception was -27.86%, which is greater than AQMIX's maximum drawdown of -26.52%. Use the drawdown chart below to compare losses from any high point for PQTPX and AQMIX.
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Drawdown Indicators
| PQTPX | AQMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.86% | -26.52% | -1.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.02% | -5.45% | -2.57% |
Max Drawdown (5Y)Largest decline over 5 years | -27.86% | -13.57% | -14.29% |
Max Drawdown (10Y)Largest decline over 10 years | -27.86% | -23.34% | -4.52% |
Current DrawdownCurrent decline from peak | -12.70% | -0.47% | -12.23% |
Average DrawdownAverage peak-to-trough decline | -9.37% | -10.10% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 1.85% | +1.45% |
Volatility
PQTPX vs. AQMIX - Volatility Comparison
PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) has a higher volatility of 3.61% compared to AQR Managed Futures Strategy Fund (AQMIX) at 2.54%. This indicates that PQTPX's price experiences larger fluctuations and is considered to be riskier than AQMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PQTPX | AQMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 2.54% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 6.68% | 6.69% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.73% | 9.62% | -0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.86% | 11.55% | -1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.36% | 10.36% | -1.00% |