QMNNX vs. BRK-B
Compare and contrast key facts about AQR Equity Market Neutral Fund N (QMNNX) and Berkshire Hathaway Inc. (BRK-B).
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: QMNNX or BRK-B.
Correlation
The correlation between QMNNX and BRK-B is 0.12, 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
QMNNX vs. BRK-B - Performance Comparison
Key characteristics
QMNNX:
2.82
BRK-B:
0.99
QMNNX:
3.85
BRK-B:
1.42
QMNNX:
1.55
BRK-B:
1.20
QMNNX:
4.09
BRK-B:
2.08
QMNNX:
15.29
BRK-B:
5.00
QMNNX:
1.19%
BRK-B:
3.49%
QMNNX:
6.45%
BRK-B:
17.60%
QMNNX:
-50.11%
BRK-B:
-53.86%
QMNNX:
-2.50%
BRK-B:
-8.22%
Returns By Period
In the year-to-date period, QMNNX achieves a 7.35% return, which is significantly lower than BRK-B's 8.88% return. Over the past 10 years, QMNNX has underperformed BRK-B with an annualized return of 4.29%, while BRK-B has yielded a comparatively higher 13.21% annualized return.
QMNNX
7.35%
-0.19%
15.30%
18.11%
10.52%
4.29%
BRK-B
8.88%
-0.99%
6.83%
18.83%
22.64%
13.21%
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Risk-Adjusted Performance
QMNNX vs. BRK-B — Risk-Adjusted Performance Rank
QMNNX
BRK-B
QMNNX vs. BRK-B - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Equity Market Neutral Fund N (QMNNX) and Berkshire Hathaway Inc. (BRK-B). 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
QMNNX vs. BRK-B - Dividend Comparison
QMNNX's dividend yield for the trailing twelve months is around 5.65%, while BRK-B has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QMNNX vs. BRK-B - Drawdown Comparison
The maximum QMNNX drawdown since its inception was -50.11%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for QMNNX and BRK-B. For additional features, visit the drawdowns tool.
Volatility
QMNNX vs. BRK-B - Volatility Comparison
The current volatility for AQR Equity Market Neutral Fund N (QMNNX) is 2.79%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 8.67%. This indicates that QMNNX experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.