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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.52

$622 M

15.54%

$1.48

0.92%

Vitals

YTD Return

17.2%

1 yr return

38.0%

3 Yr Avg Return

31.8%

5 Yr Avg Return

16.1%

Net Assets

$622 M

Holdings in Top 10

78.7%

52 WEEK LOW AND HIGH

$9.7
$8.06
$11.04

Expenses

OPERATING FEES

Expense Ratio 0.92%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 0.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$50,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Commodities Broad Basket


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.52

$622 M

15.54%

$1.48

0.92%

QRCRX - Profile

Distributions

  • YTD Total Return 17.2%
  • 3 Yr Annualized Total Return 31.8%
  • 5 Yr Annualized Total Return 16.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.88%
DIVIDENDS
  • Dividend Yield 15.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AQR Risk-Balanced Commodities Strategy Fund
  • Fund Family Name
    AQR Funds
  • Inception Date
    Sep 02, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Yao Ooi

Fund Description

The fund pursues its investment objective by allocating assets among various commodity sectors (including agricultural, energy, livestock, softs (e.g., non-grain agricultural products such as coffee, sugar, cocoa, etc.) and precious and base metals). It also invests in fixed income securities and money market instruments. The fund will obtain exposure to commodity sectors by investing in commodity-linked derivatives, directly or through its investment in the Subsidiary. It is non-diversified.


QRCRX - Performance

Return Ranking - Trailing

Period QRCRX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.2% -21.4% 55.2% 30.00%
1 Yr 38.0% -88.7% 188.9% 50.66%
3 Yr 31.8%* -47.9% 52.4% 3.72%
5 Yr 16.1%* -39.9% 82.1% 11.36%
10 Yr N/A* -29.8% 27.7% N/A

* Annualized

Return Ranking - Calendar

Period QRCRX Return Category Return Low Category Return High Rank in Category (%)
2021 18.2% -84.3% 1912.1% 41.70%
2020 8.2% -87.8% 612.3% 30.91%
2019 12.2% -88.2% 438.4% 23.26%
2018 -18.2% -81.2% 323.8% 73.33%
2017 10.5% -37.6% 55.7% 13.07%

Total Return Ranking - Trailing

Period QRCRX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.2% -49.6% 119.0% 35.22%
1 Yr 38.0% -88.7% 188.9% 48.46%
3 Yr 31.8%* -47.9% 52.4% 3.72%
5 Yr 16.1%* -39.9% 82.1% 10.80%
10 Yr N/A* -29.8% 27.7% N/A

* Annualized

Total Return Ranking - Calendar

Period QRCRX Return Category Return Low Category Return High Rank in Category (%)
2021 18.2% -84.3% 1912.1% 41.70%
2020 8.2% -87.8% 612.3% 30.91%
2019 12.2% -88.2% 438.4% 23.72%
2018 -18.2% -81.2% 323.8% 80.61%
2017 10.5% -37.6% 55.7% 13.73%

NAV & Total Return History


QRCRX - Holdings

Concentration Analysis

QRCRX Category Low Category High QRCRX % Rank
Net Assets 622 M 346 K 63.1 B 36.29%
Number of Holdings 404 1 846 14.74%
Net Assets in Top 10 239 M 0 63.2 B 64.10%
Weighting of Top 10 78.67% 20.7% 100.0% 56.64%

Top 10 Holdings

  1. Limited Purpose Cash Investment 38.43%
  2. Ubs Relationship Fds 18.36%
  3. United States Treasury Bills 9.52%
  4. United States Treasury Bills 8.62%
  5. United States Treasury Bills 7.96%
  6. United States Treasury Bills 7.45%
  7. United States Treasury Bills 7.20%
  8. United States Treasury Bills 7.03%
  9. Lme Pri Alum 12/15/2021 5.13%
  10. Lme Pri Alum 12/15/2021 5.13%

Asset Allocation

Weighting Return Low Return High QRCRX % Rank
Other
64.37% -47.59% 165.73% 27.92%
Bonds
20.43% 0.00% 96.71% 46.15%
Cash
15.20% -81.87% 100.00% 59.74%
Stocks
0.00% 0.00% 92.26% 57.05%
Preferred Stocks
0.00% 0.00% 0.00% 46.75%
Convertible Bonds
0.00% 0.00% 3.89% 64.29%

Bond Sector Breakdown

Weighting Return Low Return High QRCRX % Rank
Government
51.75% 0.00% 100.00% 16.79%
Cash & Equivalents
48.25% 0.00% 100.00% 66.42%
Derivative
0.00% 0.00% 100.00% 57.66%
Securitized
0.00% 0.00% 36.61% 66.42%
Corporate
0.00% 0.00% 46.35% 72.26%
Municipal
0.00% 0.00% 1.45% 51.82%

Bond Geographic Breakdown

Weighting Return Low Return High QRCRX % Rank
US
20.43% 0.00% 97.72% 46.75%
Non US
0.00% -1.01% 21.42% 64.94%

QRCRX - Expenses

Operational Fees

QRCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.10% 3.08% 30.47%
Management Fee 0.80% 0.00% 1.75% 77.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

QRCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

QRCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

QRCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 460.74% 27.13%

QRCRX - Distributions

Dividend Yield Analysis

QRCRX Category Low Category High QRCRX % Rank
Dividend Yield 15.54% 0.00% 47.60% 25.52%

Dividend Distribution Analysis

QRCRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

QRCRX Category Low Category High QRCRX % Rank
Net Income Ratio -0.88% -55.71% 52.26% 72.11%

Capital Gain Distribution Analysis

QRCRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Daily Daily Daily

Dividend Payout History

View More +

QRCRX - Fund Manager Analysis

Managers

Yao Ooi


Start Date

Tenure

Tenure Rank

Jul 09, 2012

9.9

9.9%

Yao Hua Ooi is a Principal at AQR Capital Management, where he is the Head of our Macro and Multi-Strategy team. In this role, he leads the Research and Portfolio Management teams focused on AQR’s macro and multi-strategy funds, including the firm’s Managed Futures, Risk Parity, Alternative Risk Premia, Multi-Strategy, Multi-Asset and Global Macro products. His research has been published in the Journal of Financial Economics, the Journal of Portfolio Management, the Financial Analysts Journal and the Journal of Investment Management. He was named the 2013 Alternatives Fund Manager of the Year by Morningstar for his work on managed futures, and shared the 2013 Whitebox Prize for his work on time series momentum. Yao Hua earned a B.S. in economics and a B.S. in engineering from the Jerome Fisher Program in Management and Technology at the University of Pennsylvania, graduating summa cum laude.

Lars Nielsen


Start Date

Tenure

Tenure Rank

Jan 01, 2020

2.41

2.4%

Nielsen is a Principal of AQR Capital Management. Mr. Nielsen joined AQR in 2000 and currently serves as the co-head of portfolio management, research, risk and trading. He earned a B.Sc. and an M.Sc. in economics from the University of Copenhagen. Prior to joining the Adviser in 2000, he was an Analyst in the Quantitative Research Group of Danske Invest.

Jordan Brooks


Start Date

Tenure

Tenure Rank

Jan 01, 2022

0.41

0.4%

Jordan Brooks is a Principal at AQR Capital Management, where he is the Co-Head of the Macro Strategies Group. In this role, he oversees equity index, fixed income, currency, and risk parity research, and is a portfolio manager for the firm’s risk parity, global macro, and multi-strategy portfolios. Jordan is also a Lecturer in Management at Yale University and an Adjunct Professor of Finance at New York University. He has published numerous articles on fixed income, global macro, and the intersection of asset pricing and macroeconomics. Prior to joining AQR, Jordan was a teaching fellow in the economics department at New York University, and a dissertation intern in the division of monetary affairs at the Federal Reserve Board of Governors and in the capital markets group at the Federal Reserve Bank of New York. Jordan earned a B.A. in economics and mathematics from Boston College, and an M.A. and Ph.D., both in economics, from New York University.

Clifford Asness


Start Date

Tenure

Tenure Rank

Jan 01, 2022

0.41

0.4%

Dr. Asness is a Founder, Managing Principal and Chief Investment Officer at AQR Capital Management. He is an research notable for its relevance and enduring value to investment professionals. Prior to co-founding AQR Capital Management, he was a Managing Director and Director of Quantitative Research for the Asset Management Division of Goldman, Sachs & Co. Dr. Asness is on the editorial board of The Journal of Portfolio Management, the governing board of the Courant Institute of Mathematical Finance at NYU, the Board of Directors of the Q-Group.

Ashwin Thapar


Start Date

Tenure

Tenure Rank

Jan 01, 2022

0.41

0.4%

Ashwin Thapar is a Principal and senior member of the Research and Portfolio Management team at AQR Capital Management. In his role, he co-heads research and portfolio management efforts on AQR’s macro and multi-strategy funds, including the firm’s Managed Futures, Global Macro, Alternative Risk Premia and Multi-Strategy products. Ashwin has published research on topics including currency hedging, deep value and alternative risk premia investing and is a frequent conference presenter on these topics. Ashwin earned a B.Sc. in finance and a B.A. in mathematics from the University of Pennsylvania, graduating summa cum laude in both fields.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 17.54 6.33 4.37