QRPIX vs. ACWV
Compare and contrast key facts about AQR Alternative Risk Premia Fund (QRPIX) and iShares MSCI Global Min Vol Factor ETF (ACWV).
QRPIX is managed by AQR Funds. It was launched on Sep 18, 2017. ACWV is a passively managed fund by iShares that tracks the performance of the MSCI AC World Minimum Volatility (USD). It was launched on Oct 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QRPIX or ACWV.
Correlation
The correlation between QRPIX and ACWV is 0.01, 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
QRPIX vs. ACWV - Performance Comparison
Key characteristics
QRPIX:
0.24
ACWV:
1.49
QRPIX:
0.37
ACWV:
1.99
QRPIX:
1.06
ACWV:
1.31
QRPIX:
0.28
ACWV:
2.11
QRPIX:
0.76
ACWV:
8.87
QRPIX:
4.22%
ACWV:
1.80%
QRPIX:
13.35%
ACWV:
10.71%
QRPIX:
-31.96%
ACWV:
-28.82%
QRPIX:
-7.38%
ACWV:
-1.77%
Returns By Period
In the year-to-date period, QRPIX achieves a 4.42% return, which is significantly lower than ACWV's 4.72% return.
QRPIX
4.42%
-5.60%
4.17%
2.58%
11.30%
N/A
ACWV
4.72%
-0.86%
0.61%
14.81%
8.21%
6.90%
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QRPIX vs. ACWV - Expense Ratio Comparison
QRPIX has a 1.40% expense ratio, which is higher than ACWV's 0.20% expense ratio.
Risk-Adjusted Performance
QRPIX vs. ACWV — Risk-Adjusted Performance Rank
QRPIX
ACWV
QRPIX vs. ACWV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Alternative Risk Premia Fund (QRPIX) and iShares MSCI Global Min Vol Factor ETF (ACWV). 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
QRPIX vs. ACWV - Dividend Comparison
QRPIX's dividend yield for the trailing twelve months is around 2.15%, less than ACWV's 2.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QRPIX AQR Alternative Risk Premia Fund | 2.15% | 2.25% | 4.50% | 0.00% | 4.07% | 1.97% | 0.85% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWV iShares MSCI Global Min Vol Factor ETF | 2.23% | 2.33% | 2.41% | 2.18% | 1.92% | 1.77% | 2.54% | 2.32% | 2.04% | 2.56% | 2.28% | 2.23% |
Drawdowns
QRPIX vs. ACWV - Drawdown Comparison
The maximum QRPIX drawdown since its inception was -31.96%, which is greater than ACWV's maximum drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for QRPIX and ACWV. For additional features, visit the drawdowns tool.
Volatility
QRPIX vs. ACWV - Volatility Comparison
AQR Alternative Risk Premia Fund (QRPIX) and iShares MSCI Global Min Vol Factor ETF (ACWV) have volatilities of 7.70% and 7.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.