QTERX Performance — AQR Emerging Multi-Style II Fund, Class R6
Data updated: 2026-08-27
QTERX returned +26.75% year to date and +44.96% over one year to Jun 2026. Annualised returns are +26.66% over 3 years and +9.05% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $203, against $179 for the category, and to $145 over one year, against $141. Volatility over the past three years was 15.78% a year. In the 12 months to Jun 2026 the fund took in a net $11.4M, and assets reached $763.89M.
QTERX Growth of $100
What $100 invested in AQR Emerging Multi-Style II Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | QTERX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $145 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $203 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $154 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $208 | $195 |
QTERX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +26.75% |
| 1 year | +44.96% |
| 3 years (annualised) | +26.66% |
| 5 years (annualised) | +9.05% |
QTERX Annual Returns
Calendar-year total returns of AQR Emerging Multi-Style II Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +26.75% |
| 2025 | +32.94% |
| 2024 | +12.06% |
| 2023 | +12.64% |
| 2022 | −21.12% |
| 2021 | +0.93% |
| 2020 | +17.09% |
| 2019 (Jul–Dec) | +5.01% |
QTERX 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 | +9.7% | +7.0% | −9.8% | +12.6% | +6.2% | +0.1% | — | — | — | — | — | — |
| 2025 | +1.6% | −0.9% | +2.2% | +0.3% | +4.9% | +7.3% | +0.3% | +1.3% | +6.4% | +4.1% | −1.1% | +2.9% |
| 2024 | −2.0% | +5.7% | +1.4% | +0.3% | +3.1% | +2.8% | +0.9% | +0.8% | +5.7% | −3.9% | −1.9% | −1.0% |
| 2023 | +8.5% | −6.7% | +2.7% | −0.2% | −3.3% | +4.3% | +7.2% | −6.0% | −1.2% | −3.8% | +7.4% | +4.6% |
| 2022 | −0.3% | −2.9% | −2.6% | −5.4% | +0.6% | −8.0% | −0.9% | −1.0% | −12.1% | −2.7% | +17.2% | −2.7% |
| 2021 | +3.5% | +1.2% | +0.8% | +2.9% | +0.8% | +0.3% | −5.6% | +1.6% | −4.5% | +0.6% | −3.8% | +3.8% |
| 2020 | −6.6% | −3.8% | −16.2% | +9.9% | +2.5% | +6.0% | +10.5% | +1.3% | −0.5% | +1.0% | +7.8% | +7.1% |
| 2019 | — | — | — | — | — | — | −3.0% | −4.2% | +2.2% | +2.9% | +0.2% | +7.3% |
QTERX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 15.78%
- 3-year Sharpe ratio: 1.40 (vs 4.5% risk-free rate)
- Best month: +12.64% (Apr 2026)
- Worst month: −9.82% (Mar 2026)
QTERX Fund Flows
Monthly money in and out of AQR Emerging Multi-Style II Fund, from SEC Form N-PORT.
- 12-month net flow: $11.4M
- 12-month gross sales (incl. reinvestments): $169.4M
- Sales ÷ redemptions: 1.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $5.9M | $8.1M | −$2.2M |
| May 2026 | $88.1M | $21.0M | $67.1M |
| Apr 2026 | $12.1M | $13.1M | −$1.0M |
| Mar 2026 | $4.5M | $13.1M | −$8.5M |
| Feb 2026 | $5.3M | $7.1M | −$1.8M |
| Jan 2026 | $4.1M | $8.1M | −$4.0M |
| Dec 2025 | $24.6M | $21.8M | $2.8M |
| Nov 2025 | $4.5M | $8.9M | −$4.5M |
| Oct 2025 | $3.1M | $37.3M | −$34.2M |
| Sep 2025 | $10.7M | $8.9M | $1.8M |
| Aug 2025 | $3.2M | $3.9M | −$692K |
| Jul 2025 | $3.3M | $6.7M | −$3.4M |
QTERX Assets Under Management
Net assets of AQR Emerging Multi-Style II Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $763.89M |
| 2026-03-31 | $581.81M |
| 2025-12-31 | $562.85M |
| 2025-09-30 | $589.43M |
| 2025-06-30 | $548.21M |
| 2025-03-31 | $504.38M |
| 2024-12-31 | $491.17M |
| 2024-09-30 | $532.22M |
| 2024-06-30 | $502.99M |
| 2024-03-31 | $493.56M |
| 2023-12-31 | $478.49M |
| 2023-09-30 | $500.59M |
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.