QSERX Performance — AQR Small Cap Multi-Style Fund, Class R6
Data updated: 2026-08-27
QSERX returned +28.12% year to date and +45.16% over one year to Jun 2026. Annualised returns are +23.77% over 3 years and +12.14% over 5 years. The fund beat its US Small Value category average: $100 invested three years ago grew to $190, against $153 for the category, and to $145 over one year, against $131. Volatility over the past three years was 19.92% a year. In the 12 months to Jun 2026 the fund took in a net $122.8M, and assets reached $381.27M.
QSERX Growth of $100
What $100 invested in AQR Small Cap Multi-Style Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | QSERX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $145 | $131 |
| 3 years (Jul 2023 – Jun 2026) | $190 | $153 |
| 5 years (Jul 2021 – Jun 2026) | $177 | $149 |
| Since data start (Jul 2019 – Jun 2026) | $273 | $213 |
QSERX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +28.12% |
| 1 year | +45.16% |
| 3 years (annualised) | +23.77% |
| 5 years (annualised) | +12.14% |
QSERX Annual Returns
Calendar-year total returns of AQR Small Cap Multi-Style Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +28.12% |
| 2025 | +17.69% |
| 2024 | +11.32% |
| 2023 | +24.07% |
| 2022 | −18.21% |
| 2021 | +26.64% |
| 2020 | +18.06% |
| 2019 (Jul–Dec) | +7.15% |
QSERX 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 | +5.7% | +1.9% | −4.4% | +12.6% | +4.7% | +5.6% | — | — | — | — | — | — |
| 2025 | +2.4% | −4.7% | −4.1% | −1.6% | +6.8% | +5.7% | −0.2% | +8.5% | +3.2% | +1.1% | +0.8% | −0.5% |
| 2024 | −1.8% | +4.6% | +3.0% | −7.0% | +5.9% | −1.9% | +11.4% | −2.9% | +0.4% | −2.5% | +11.6% | −7.7% |
| 2023 | +8.4% | −0.9% | −5.7% | −2.4% | +0.9% | +10.0% | +6.6% | −3.7% | −4.4% | −6.1% | +8.0% | +13.4% |
| 2022 | −9.0% | +1.6% | −0.5% | −7.5% | +1.2% | −9.4% | +10.8% | −3.9% | −10.2% | +12.9% | +3.9% | −6.4% |
| 2021 | +4.6% | +7.8% | +4.1% | +1.7% | +1.3% | +0.6% | −2.4% | +2.8% | −2.7% | +4.9% | −1.8% | +3.6% |
| 2020 | −4.0% | −8.6% | −22.3% | +13.9% | +5.9% | +3.9% | +5.4% | +5.3% | −2.5% | +2.5% | +15.5% | +7.8% |
| 2019 | — | — | — | — | — | — | +1.3% | −4.6% | +1.3% | +3.6% | +3.7% | +1.9% |
QSERX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 19.92%
- 3-year Sharpe ratio: 0.97 (vs 4.5% risk-free rate)
- Best month: +13.39% (Dec 2023)
- Worst month: −7.71% (Dec 2024)
QSERX Fund Flows
Monthly money in and out of AQR Small Cap Multi-Style Fund, from SEC Form N-PORT.
- 12-month net flow: $122.8M
- 12-month gross sales (incl. reinvestments): $186.4M
- Sales ÷ redemptions: 2.93×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $9.2M | $16.5M | −$7.3M |
| May 2026 | $116.7M | $15.6M | $101.1M |
| Apr 2026 | $2.9M | $1.5M | $1.4M |
| Mar 2026 | $8.4M | $4.2M | $4.3M |
| Feb 2026 | $4.4M | $3.2M | $1.1M |
| Jan 2026 | $6.0M | $4.0M | $2.0M |
| Dec 2025 | $19.3M | $8.7M | $10.6M |
| Nov 2025 | $4.6M | $3.1M | $1.5M |
| Oct 2025 | $5.2M | $1.6M | $3.6M |
| Sep 2025 | $3.5M | $2.0M | $1.5M |
| Aug 2025 | $2.1M | $1.2M | $915K |
| Jul 2025 | $4.1M | $2.1M | $2.1M |
QSERX Assets Under Management
Net assets of AQR Small Cap Multi-Style Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $381.27M |
| 2026-03-31 | $149.49M |
| 2025-12-31 | $138.22M |
| 2025-09-30 | $133.96M |
| 2025-06-30 | $115.60M |
| 2025-03-31 | $104.60M |
| 2024-12-31 | $109.49M |
| 2024-09-30 | $115.89M |
| 2024-06-30 | $106.33M |
| 2024-03-31 | $110.08M |
| 2023-12-31 | $105.35M |
| 2023-09-30 | $101.59M |
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.