QTELX vs. AMOMX

Last updated Aug 1, 2026

QTELX (AQR Emerging Multi-Style II Fund) and AMOMX (AQR Large Cap Momentum Style Fund) are both mutual funds - QTELX is a Emerging Markets Equities fund managed by AQR, while AMOMX is a Large Cap Growth Equities fund managed by AQR. Their 0.63 correlation means they have sometimes moved together and sometimes differently. QTELX charges 0.70%/yr vs 0.41%/yr for AMOMX.

Performance

QTELX vs. AMOMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Emerging Multi-Style II Fund (QTELX) and AQR Large Cap Momentum Style Fund (AMOMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QTELX

• 1D: 4.19%
• 1M: -3.99%
• 6M: 6.24%
• YTD: 16.53%
• 1Y: 34.92%
• 3Y*: 20.24%
• 5Y*: 8.36%
• 10Y*: 8.81%
• ALL TIME*: 9.52%

AMOMX

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QTELX AQR Emerging Multi-Style II Fund	$0.00	$0.00	$0.00

QTELX vs. AMOMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QTELX AQR Emerging Multi-Style II Fund	16.53%	32.89%	11.82%	12.66%	-21.29%	0.92%	16.90%	14.27%	-16.22%	37.15%
AMOMX AQR Large Cap Momentum Style Fund	11.26%	15.36%	27.62%	18.17%	-18.00%	26.01%	26.86%	29.20%	-4.01%	23.87%

Correlation

The correlation between QTELX and AMOMX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.55
Correlation (5Y) Shows whether the relationship held over a longer period.	0.59
Correlation (10Y) Provides a long-term view across more market conditions.	0.63
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.63

The correlation between QTELX and AMOMX shifts across timeframes, from 0.52 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QTELX vs. AMOMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QTELX

QTELX Risk / Return Rank: 53
QTELX Sharpe Ratio Rank: 51
QTELX Sortino Ratio Rank: 45
QTELX Omega Ratio Rank: 56
QTELX Calmar Ratio Rank: 63
QTELX Martin Ratio Rank: 51

AMOMX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QTELX vs. AMOMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Emerging Multi-Style II Fund (QTELX) and AQR Large Cap Momentum Style Fund (AMOMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QTELX	AMOMX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	1.87	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.18	—	—
Martin ratio: Return relative to average drawdown	7.15	—	—

Drawdowns

Drawdown Indicators

	QTELX	AMOMX	Difference
Max Drawdown Largest peak-to-trough decline	-40.55%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.94%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.55%	—	—
Current Drawdown Current decline from peak	-11.14%	—	—
Average Drawdown Average peak-to-trough decline	-12.35%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.47%	—	—

Volatility

Volatility by Period

	QTELX	AMOMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.02%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.16%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	—	—

QTELX vs. AMOMX - Expense Ratio Comparison

QTELX has a 0.70% expense ratio, which is higher than AMOMX's 0.41% expense ratio.

Dividends

QTELX vs. AMOMX - Dividend Comparison

QTELX's dividend yield for the trailing twelve months is around 3.62%, less than AMOMX's 30.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMOMX AQR Large Cap Momentum Style Fund	30.65%	25.49%	14.05%	14.08%	10.95%	17.95%	16.14%	10.22%	12.17%	9.15%	8.23%	8.44%
QTELX AQR Emerging Multi-Style II Fund	3.62%	4.21%	4.84%	5.65%	4.60%	2.42%	1.53%	2.32%	2.32%	1.55%	2.51%	0.00%

Frequently Asked Questions

Can I hold both QTELX and AMOMX in my portfolio?

QTELX and AMOMX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.