QMNNX vs. CCOR
Compare and contrast key facts about AQR Equity Market Neutral Fund N (QMNNX) and Core Alternative ETF (CCOR).
QMNNX is managed by AQR Funds. It was launched on Oct 7, 2014. CCOR is an actively managed fund by Core Alternative Capital. It was launched on May 24, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QMNNX or CCOR.
Correlation
The correlation between QMNNX and CCOR is 0.04, 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. CCOR - Performance Comparison
Key characteristics
QMNNX:
2.82
CCOR:
0.47
QMNNX:
3.85
CCOR:
0.82
QMNNX:
1.55
CCOR:
1.10
QMNNX:
4.09
CCOR:
0.23
QMNNX:
15.29
CCOR:
1.21
QMNNX:
1.19%
CCOR:
4.32%
QMNNX:
6.45%
CCOR:
10.99%
QMNNX:
-50.11%
CCOR:
-23.00%
QMNNX:
-2.50%
CCOR:
-14.35%
Returns By Period
In the year-to-date period, QMNNX achieves a 7.35% return, which is significantly higher than CCOR's 6.76% return.
QMNNX
7.35%
-0.19%
15.30%
18.11%
10.52%
4.29%
CCOR
6.76%
2.66%
0.45%
4.69%
0.46%
N/A
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QMNNX vs. CCOR - Expense Ratio Comparison
QMNNX has a 5.28% expense ratio, which is higher than CCOR's 1.09% expense ratio.
Risk-Adjusted Performance
QMNNX vs. CCOR — Risk-Adjusted Performance Rank
QMNNX
CCOR
QMNNX vs. CCOR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Equity Market Neutral Fund N (QMNNX) and Core Alternative ETF (CCOR). 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. CCOR - Dividend Comparison
QMNNX's dividend yield for the trailing twelve months is around 5.65%, more than CCOR's 1.02% yield.
| 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% |
CCOR Core Alternative ETF | 1.02% | 1.18% | 1.21% | 1.11% | 1.02% | 1.50% | 0.73% | 1.53% | 0.89% | 0.00% | 0.00% | 0.00% |
Drawdowns
QMNNX vs. CCOR - Drawdown Comparison
The maximum QMNNX drawdown since its inception was -50.11%, which is greater than CCOR's maximum drawdown of -23.00%. Use the drawdown chart below to compare losses from any high point for QMNNX and CCOR. For additional features, visit the drawdowns tool.
Volatility
QMNNX vs. CCOR - Volatility Comparison
The current volatility for AQR Equity Market Neutral Fund N (QMNNX) is 2.79%, while Core Alternative ETF (CCOR) has a volatility of 4.72%. This indicates that QMNNX experiences smaller price fluctuations and is considered to be less risky than CCOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.