AQR Large Cap Multi-Style mirrors the broad market’s risk profile and effectively channels the value, momentum, and quality factors. Its exposure to these well-vetted factors and modest fee should help it outstrip the Russell 1000 Index over the long run. Reduced fees net the N shares an upgrade to a Morningstar Analyst Rating of Silver from Bronze, while the I and R6 shares retain their Silver ratings.
Will QCELX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QCELX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the QCELX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of QCELX’s parent organization’s priorities and whether they’re in line with investors’ interests.