QTERX vs. AMOMX

Last updated Aug 5, 2026

QTERX (AQR Emerging Multi-Style II Fund Class R6) and AMOMX (AQR Large Cap Momentum Style Fund) are both mutual funds - QTERX is a Emerging Markets Equities fund actively 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. QTERX charges 0.62%/yr vs 0.41%/yr for AMOMX.

Performance

QTERX vs. AMOMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Emerging Multi-Style II Fund Class R6 (QTERX) and AQR Large Cap Momentum Style Fund (AMOMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QTERX

• 1D: 0.65%
• 1M: -1.65%
• 6M: 7.92%
• YTD: 19.37%
• 1Y: 36.17%
• 3Y*: 22.72%
• 5Y*: 8.57%
• 10Y*: 9.29%
• ALL TIME*: 10.07%

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)
QTERX AQR Emerging Multi-Style II Fund Class R6	$0.00	$0.00	$0.00

QTERX vs. AMOMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QTERX AQR Emerging Multi-Style II Fund Class R6	19.37%	32.94%	12.02%	12.66%	-21.13%	0.95%	17.08%	16.87%	-16.22%	37.22%
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 QTERX and AMOMX is 0.51, 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.	0.51
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 QTERX and AMOMX shifts across timeframes, from 0.51 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QTERX vs. AMOMX — Risk / Return Rank

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

QTERX

QTERX Risk / Return Rank: 58
QTERX Sharpe Ratio Rank: 57
QTERX Sortino Ratio Rank: 46
QTERX Omega Ratio Rank: 58
QTERX Calmar Ratio Rank: 71
QTERX Martin Ratio Rank: 56

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.

QTERX vs. AMOMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Emerging Multi-Style II Fund Class R6 (QTERX) 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.

	QTERX	AMOMX	Difference
Sharpe ratio: Return per unit of total volatility	1.67	—	—
Sortino ratio: Return per unit of downside risk	2.16	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.61	—	—
Martin ratio: Return relative to average drawdown	8.43	—	—

Drawdowns

Drawdown Indicators

	QTERX	AMOMX	Difference
Max Drawdown Largest peak-to-trough decline	-39.15%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.15%	—	—
Current Drawdown Current decline from peak	-9.02%	—	—
Average Drawdown Average peak-to-trough decline	-11.95%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.55%	—	—

Volatility

Volatility by Period

	QTERX	AMOMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.18%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.36%	—	—

QTERX vs. AMOMX - Expense Ratio Comparison

QTERX has a 0.62% expense ratio, which is higher than AMOMX's 0.41% expense ratio.

Dividends

QTERX vs. AMOMX - Dividend Comparison

QTERX's dividend yield for the trailing twelve months is around 3.56%, 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%
QTERX AQR Emerging Multi-Style II Fund Class R6	3.56%	4.25%	4.91%	5.76%	4.73%	2.53%	1.68%	4.48%	2.40%	1.63%	2.57%	0.00%

Frequently Asked Questions

Can I hold both QTERX and AMOMX in my portfolio?

QTERX and AMOMX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.