QFVOX vs. ANDIX

Last updated Jun 4, 2026

QFVOX (Pear Tree Polaris Foreign Value Fund) and ANDIX (AQR International Defensive Style Fund) are both Foreign Large Cap Equities funds. A 0.67 correlation means they provide meaningful diversification when combined. QFVOX charges 1.40%/yr vs 0.55%/yr for ANDIX.

Performance

QFVOX vs. ANDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pear Tree Polaris Foreign Value Fund (QFVOX) and AQR International Defensive Style Fund (ANDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QFVOX

• 1D: 0.47%
• 1M: 5.36%
• YTD: 19.45%
• 6M: 24.45%
• 1Y: 39.72%
• 3Y*: 20.81%
• 5Y*: 10.45%
• 10Y*: 9.83%

ANDIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QFVOX vs. ANDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QFVOX Pear Tree Polaris Foreign Value Fund	19.45%	33.85%	-0.70%	19.88%	-17.14%	19.44%	2.65%	17.93%	-13.28%	25.24%
ANDIX AQR International Defensive Style Fund	5.63%	21.41%	2.83%	12.06%	-14.26%	7.59%	8.43%	18.39%	-10.35%	22.86%

Correlation

The correlation between QFVOX and ANDIX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jul 10, 2012	0.67

Over the past year, the correlation between QFVOX and ANDIX has dropped to 0.41 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

Return for Risk

QFVOX vs. ANDIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QFVOX

QFVOX Risk / Return Rank: 77
QFVOX Sharpe Ratio Rank: 84
QFVOX Sortino Ratio Rank: 78
QFVOX Omega Ratio Rank: 78
QFVOX Calmar Ratio Rank: 79
QFVOX Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QFVOX vs. ANDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pear Tree Polaris Foreign Value Fund (QFVOX) and AQR International Defensive Style Fund (ANDIX). 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.

	QFVOX	ANDIX	Difference
Sharpe ratio: Return per unit of total volatility	2.71	—	—
Sortino ratio: Return per unit of downside risk	3.76	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	3.61	—	—
Martin ratio: Return relative to average drawdown	12.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QFVOX	ANDIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.71	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	—	—

Drawdowns

Drawdown Indicators

	QFVOX	ANDIX	Difference
Max Drawdown Largest peak-to-trough decline	-70.51%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.52%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-15.30%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	—	—

Volatility

Volatility by Period

	QFVOX	ANDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.82%	—	—

QFVOX vs. ANDIX - Expense Ratio Comparison

QFVOX has a 1.40% expense ratio, which is higher than ANDIX's 0.55% expense ratio.

Dividends

QFVOX vs. ANDIX - Dividend Comparison

QFVOX's dividend yield for the trailing twelve months is around 4.74%, less than ANDIX's 70.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANDIX AQR International Defensive Style Fund	70.16%	4.74%	2.29%	3.02%	2.00%	2.53%	1.73%	2.51%	2.40%	3.30%	1.47%	2.09%
QFVOX Pear Tree Polaris Foreign Value Fund	4.74%	5.66%	1.95%	1.88%	1.43%	10.11%	1.58%	1.14%	0.98%	0.60%	1.02%	1.58%

Frequently Asked Questions

Can I hold both QFVOX and ANDIX in my portfolio?

QFVOX and ANDIX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.