iShares Core 80/20 Aggressive Allocation ETF (AOA) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AOA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AOA
AOA charges 0.15% annually. There is 1 ETF in the Diversified Portfolio category with a lower expense ratio, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify US Equity PLUS Managed Futures Strategy E... | 0.10% | 177.84M | Dec 2025 | AOA vs CTAP | |
| iShares ESG Aware Aggressive Allocation ETF | 0.18% | 37.39M | Jun 2020 | AOA vs EAOA | |
| iShares ESG Aware Conservative Allocation ETF | 0.18% | 9.22M | Jun 2020 | AOA vs EAOK | |
| iShares ESG Aware Moderate Allocation ETF | 0.18% | 8.63M | Jun 2020 | AOA vs EAOM | |
| iShares ESG Aware Growth Allocation ETF | 0.18% | 32.15M | Jun 2020 | AOA vs EAOR |
Best Risk-Adjusted Alternatives to AOA
AOA has a PortfoliosLab risk / return rank of 67. There are 26 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 89 | 1.54B | Jun 2023 | AOA vs INCM | |
| Draco Evolution AI ETF | 87 | 20.72M | Jul 2024 | AOA vs DRAI | |
| WisdomTree Emerging Markets Efficient Core Fund | 87 | 53.56M | May 2021 | AOA vs NTSE | |
| VanEck Inflation Allocation ETF | 85 | 969.68M | Apr 2018 | AOA vs RAAX | |
| Cabana Target Leading Sector Moderate ETF | 82 | 114.31M | Jul 2021 | AOA vs CLSM |
Top Performing AOA Alternatives (YTD)
AOA is at 9.93% YTD. There are 18 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 45.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 45.39% | 12.20M | Nov 2021 | AOA vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 32.02% | 53.56M | May 2021 | AOA vs NTSE | |
| Myriad Dynamic Asset Allocation ETF | 22.13% | — | Oct 2025 | AOA vs MDAA | |
| Simplify US Equity PLUS Managed Futures Strategy E... | 21.95% | 177.84M | Dec 2025 | AOA vs CTAP | |
| Cabana Target Leading Sector Moderate ETF | 20.45% | 114.31M | Jul 2021 | AOA vs CLSM |
Lowest Volatility Alternatives to AOA
AOA has 10.63% 1-year volatility. There are 44 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Real Assets Allocation Index Fund | 0.00% | 7.49M | Nov 2015 | AOA vs ASET | |
| Prospera Income ETF | 2.92% | 2.20M | Sep 2025 | AOA vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.32% | 95.53M | Aug 2014 | AOA vs HISF | |
| Mindful Conservative ETF | 3.93% | 26.13M | Nov 2021 | AOA vs MFUL | |
| Alpha Architect High Inflation And Deflation ETF | 4.43% | 100.05M | Nov 2022 | AOA vs HIDE |
Lowest Drawdown Alternatives to AOA
AOA has a 1-year max drawdown of -8.20%. There are 50 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -2.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Alpha Architect High Inflation And Deflation ETF | -2.31% | 100.05M | Nov 2022 | AOA vs HIDE | |
| Brookstone Yield ETF | -2.48% | 45.58M | Sep 2023 | AOA vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 95.53M | Aug 2014 | AOA vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.54B | Jun 2023 | AOA vs INCM | |
| Mindful Conservative ETF | -3.36% | 26.13M | Nov 2021 | AOA vs MFUL |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | AOA vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.48% | 58.12B | Jan 2024 | AOA vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 10.85% | 854.92B | May 2000 | AOA vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | -0.27% | 42.90B | Jul 2002 | AOA vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 104.57% | 38.37B | Jul 2001 | AOA vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 71 | 8.76% | 40.46B | Jun 2014 | AOA vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 47 | 2.78% | 36.82B | Apr 2006 | AOA vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 32 | 2.98% | 69.92B | Jan 2005 | AOA vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 62 | 17.07% | 80.93B | May 2000 | AOA vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 66 | 12.13% | 32.93B | Mar 2008 | AOA vs ACWI |
Often Compared With AOA
Investors most often compare AOA with AOR, VOO, VASGX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare AOA with Any Fund or Stock
Compare AOA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AOA with funds that move differently
iShares Core 80/20 Aggressive Allocation ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AOA.
Explore AOA Diversifiers