AUENX Performance — AQR Large Cap Defensive Style Fund, Class N
Data updated: 2026-08-27
AUENX returned +6.06% year to date and +6.21% over one year to Jun 2026. Annualised returns are +10.25% over 3 years and +6.01% over 5 years. The fund trailed its US Large Value category average: $100 invested three years ago grew to $134, against $158 for the category, and to $106 over one year, against $121. Volatility over the past three years was 8.88% a year. In the 12 months to Jun 2026 the fund lost a net $793.2M, and assets reached $1.09B.
AUENX Growth of $100
What $100 invested in AQR Large Cap Defensive Style Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | AUENX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $134 | $158 |
| 5 years (Jul 2021 – Jun 2026) | $134 | $165 |
| Since data start (Jul 2019 – Jun 2026) | $182 | $223 |
AUENX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.06% |
| 1 year | +6.21% |
| 3 years (annualised) | +10.25% |
| 5 years (annualised) | +6.01% |
AUENX Annual Returns
Calendar-year total returns of AQR Large Cap Defensive Style Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +6.06% |
| 2025 | +6.67% |
| 2024 | +13.61% |
| 2023 | +9.06% |
| 2022 | −13.97% |
| 2021 | +23.14% |
| 2020 | +12.84% |
| 2019 (Jul–Dec) | +8.34% |
AUENX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.9% | +3.0% | −4.2% | +2.6% | +1.8% | −0.1% | — | — | — | — | — | — |
| 2025 | +3.5% | +1.9% | −0.8% | −0.9% | +1.7% | +1.1% | −1.1% | +2.0% | +1.5% | −2.3% | +1.4% | −1.3% |
| 2024 | +2.5% | +3.3% | +2.6% | −3.3% | +2.3% | +1.2% | +2.7% | +3.8% | +0.4% | −1.3% | +5.3% | −6.1% |
| 2023 | +2.4% | −3.4% | +2.8% | +1.9% | −3.6% | +4.7% | +1.1% | −1.2% | −2.9% | −0.2% | +5.1% | +2.4% |
| 2022 | −7.1% | −3.1% | +4.3% | −6.0% | −1.2% | −6.4% | +6.1% | −2.8% | −7.4% | +8.6% | +5.7% | −3.8% |
| 2021 | −2.1% | +0.3% | +5.0% | +4.6% | +1.0% | +1.7% | +3.3% | +2.5% | −5.3% | +6.4% | −1.5% | +5.6% |
| 2020 | +0.6% | −8.2% | −11.8% | +10.6% | +6.0% | +0.5% | +6.1% | +5.2% | −2.6% | −2.5% | +8.0% | +2.6% |
| 2019 | — | — | — | — | — | — | +1.4% | +0.5% | +0.9% | +0.4% | +2.4% | +2.5% |
AUENX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.88%
- 3-year Sharpe ratio: 0.65 (vs 4.5% risk-free rate)
- Best month: +5.27% (Nov 2024)
- Worst month: −6.06% (Dec 2024)
AUENX Fund Flows
Monthly money in and out of AQR Large Cap Defensive Style Fund, from SEC Form N-PORT.
- 12-month net flow: −$793.2M
- 12-month gross sales (incl. reinvestments): $502.0M
- Sales ÷ redemptions: 0.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $10.7M | $169.0M | −$158.3M |
| May 2026 | $8.2M | $91.6M | −$83.4M |
| Apr 2026 | $12.7M | $93.3M | −$80.6M |
| Mar 2026 | $16.2M | $167.2M | −$151.0M |
| Feb 2026 | $11.1M | $46.3M | −$35.1M |
| Jan 2026 | $23.6M | $77.4M | −$53.7M |
| Dec 2025 | $315.8M | $171.9M | $143.9M |
| Nov 2025 | $14.3M | $228.8M | −$214.5M |
| Oct 2025 | $21.0M | $79.1M | −$58.1M |
| Sep 2025 | $30.8M | $80.0M | −$49.2M |
| Aug 2025 | $15.1M | $47.4M | −$32.2M |
| Jul 2025 | $22.3M | $43.2M | −$20.9M |
AUENX Assets Under Management
Net assets of AQR Large Cap Defensive Style Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.09B |
| 2026-03-31 | $1.35B |
| 2025-12-31 | $1.56B |
| 2025-09-30 | $2.04B |
| 2025-06-30 | $2.09B |
| 2025-03-31 | $2.17B |
| 2024-12-31 | $2.19B |
| 2024-09-30 | $2.52B |
| 2024-06-30 | $2.54B |
| 2024-03-31 | $2.68B |
| 2023-12-31 | $2.79B |
| 2023-09-30 | $3.13B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.