QSMLX vs. IWM
Compare and contrast key facts about AQR Small Cap Multi-Style Fund (QSMLX) and iShares Russell 2000 ETF (IWM).
QSMLX is managed by AQR Funds. It was launched on Mar 26, 2013. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QSMLX or IWM.
Correlation
The correlation between QSMLX and IWM is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QSMLX vs. IWM - Performance Comparison
Key characteristics
QSMLX:
0.14
IWM:
0.80
QSMLX:
0.34
IWM:
1.25
QSMLX:
1.05
IWM:
1.15
QSMLX:
0.17
IWM:
0.93
QSMLX:
0.46
IWM:
3.72
QSMLX:
7.49%
IWM:
4.41%
QSMLX:
24.70%
IWM:
20.46%
QSMLX:
-51.24%
IWM:
-59.05%
QSMLX:
-15.50%
IWM:
-6.61%
Returns By Period
In the year-to-date period, QSMLX achieves a 2.94% return, which is significantly higher than IWM's 2.15% return. Over the past 10 years, QSMLX has underperformed IWM with an annualized return of 3.70%, while IWM has yielded a comparatively higher 7.83% annualized return.
QSMLX
2.94%
5.73%
-1.40%
-0.07%
6.58%
3.70%
IWM
2.15%
4.09%
9.22%
12.51%
7.42%
7.83%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QSMLX vs. IWM - Expense Ratio Comparison
QSMLX has a 0.72% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
QSMLX vs. IWM — Risk-Adjusted Performance Rank
QSMLX
IWM
QSMLX vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Small Cap Multi-Style Fund (QSMLX) and iShares Russell 2000 ETF (IWM). 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
QSMLX vs. IWM - Dividend Comparison
QSMLX's dividend yield for the trailing twelve months is around 1.69%, more than IWM's 1.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QSMLX AQR Small Cap Multi-Style Fund | 1.69% | 1.74% | 1.00% | 0.87% | 0.45% | 1.77% | 0.91% | 0.74% | 0.83% | 0.93% | 0.22% | 0.23% |
IWM iShares Russell 2000 ETF | 1.12% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% |
Drawdowns
QSMLX vs. IWM - Drawdown Comparison
The maximum QSMLX drawdown since its inception was -51.24%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for QSMLX and IWM. For additional features, visit the drawdowns tool.
Volatility
QSMLX vs. IWM - Volatility Comparison
AQR Small Cap Multi-Style Fund (QSMLX) has a higher volatility of 4.66% compared to iShares Russell 2000 ETF (IWM) at 4.37%. This indicates that QSMLX's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.