QTERX vs. COBYX
Compare and contrast key facts about AQR Emerging Multi-Style II Fund Class R6 (QTERX) and The Cook & Bynum Fund (COBYX).
QTERX is an actively managed fund by AQR Funds. It was launched on Feb 11, 2012. COBYX is managed by Cook & Bynum. It was launched on Jun 30, 2009.
Performance
QTERX vs. COBYX - Performance Comparison
Loading graphics...
QTERX vs. COBYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QTERX AQR Emerging Multi-Style II Fund Class R6 | 3.07% | 32.94% | 12.02% | 12.66% | -21.13% | 0.95% | 17.08% | 16.87% | -16.22% | 37.22% |
COBYX The Cook & Bynum Fund | 1.14% | 20.50% | -10.32% | 16.73% | 9.28% | 9.05% | -10.97% | 9.40% | -13.40% | 15.12% |
Returns By Period
In the year-to-date period, QTERX achieves a 3.07% return, which is significantly higher than COBYX's 1.14% return. Over the past 10 years, QTERX has outperformed COBYX with an annualized return of 8.53%, while COBYX has yielded a comparatively lower 3.74% annualized return.
QTERX
- 1D
- -0.89%
- 1M
- -12.18%
- YTD
- 3.07%
- 6M
- 9.15%
- 1Y
- 33.11%
- 3Y*
- 18.47%
- 5Y*
- 5.46%
- 10Y*
- 8.53%
COBYX
- 1D
- 0.85%
- 1M
- -7.34%
- YTD
- 1.14%
- 6M
- 5.27%
- 1Y
- 6.45%
- 3Y*
- 6.41%
- 5Y*
- 7.53%
- 10Y*
- 3.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QTERX vs. COBYX - Expense Ratio Comparison
QTERX has a 0.62% expense ratio, which is lower than COBYX's 1.49% expense ratio.
Return for Risk
QTERX vs. COBYX — Risk / Return Rank
QTERX
COBYX
QTERX vs. COBYX - 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 The Cook & Bynum Fund (COBYX). 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.
| QTERX | COBYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.86 | 0.34 | +1.52 |
Sortino ratioReturn per unit of downside risk | 2.43 | 0.55 | +1.88 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.08 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 2.30 | 0.83 | +1.47 |
Martin ratioReturn relative to average drawdown | 9.07 | 2.50 | +6.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QTERX | COBYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 0.34 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.55 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.28 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.34 | +0.16 |
Correlation
The correlation between QTERX and COBYX is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
QTERX vs. COBYX - Dividend Comparison
QTERX's dividend yield for the trailing twelve months is around 4.12%, more than COBYX's 1.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
QTERX AQR Emerging Multi-Style II Fund Class R6 | 4.12% | 4.25% | 4.91% | 5.76% | 4.73% | 2.53% | 1.68% | 4.48% | 2.40% | 1.63% | 2.57% |
COBYX The Cook & Bynum Fund | 1.17% | 1.18% | 0.00% | 1.01% | 1.16% | 2.18% | 0.32% | 0.69% | 12.60% | 1.88% | 5.09% |
Drawdowns
QTERX vs. COBYX - Drawdown Comparison
The maximum QTERX drawdown since its inception was -39.15%, which is greater than COBYX's maximum drawdown of -34.18%. Use the drawdown chart below to compare losses from any high point for QTERX and COBYX.
Loading graphics...
Drawdown Indicators
| QTERX | COBYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.15% | -34.18% | -4.97% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -8.95% | -4.37% |
Max Drawdown (5Y)Largest decline over 5 years | -37.53% | -17.10% | -20.43% |
Max Drawdown (10Y)Largest decline over 10 years | -39.15% | -34.18% | -4.97% |
Current DrawdownCurrent decline from peak | -13.32% | -7.92% | -5.40% |
Average DrawdownAverage peak-to-trough decline | -12.21% | -6.86% | -5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 2.96% | +0.42% |
Volatility
QTERX vs. COBYX - Volatility Comparison
AQR Emerging Multi-Style II Fund Class R6 (QTERX) has a higher volatility of 8.13% compared to The Cook & Bynum Fund (COBYX) at 4.99%. This indicates that QTERX's price experiences larger fluctuations and is considered to be riskier than COBYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QTERX | COBYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | 4.99% | +3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 13.40% | 8.27% | +5.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.78% | 14.50% | +3.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.59% | 13.96% | +2.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.67% | 13.54% | +4.13% |