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% | 138.08M | Dec 2025 | AOA vs CTAP | |
| iShares Core 30/70 Conservative Allocation ETF | 0.15% | 781.58M | Nov 2008 | AOA vs AOK | |
| iShares Core 60/40 Balanced Allocation ETF | 0.15% | 3.64B | Nov 2008 | AOA vs AOR | |
| PIMCO U.S. Stocks PLUS Active Bond ETF | 0.18% | 44.38M | Jan 2026 | AOA vs SPLS | |
| iShares ESG Aware Aggressive Allocation ETF | 0.18% | 36.94M | Jun 2020 | AOA vs EAOA |
Best Risk-Adjusted Alternatives to AOA
AOA has a PortfoliosLab risk / return rank of 77. There are 11 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 93 | 1.72B | Jun 2023 | AOA vs INCM | |
| Avantis Moderate Allocation ETF | 88 | 82.33M | Jun 2023 | AOA vs AVMA | |
| iShares Morningstar Multi-Asset Income ETF | 87 | 125.24M | Apr 2012 | AOA vs IYLD | |
| Brookstone Yield ETF | 86 | 43.48M | Sep 2023 | AOA vs BAMY | |
| First Trust Multi-Asset Diversified Income Index F... | 86 | 429.28M | Aug 2012 | AOA vs MDIV |
Top Performing AOA Alternatives (YTD)
AOA is at 10.08% YTD. There are 17 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 29.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 29.17% | 16.56M | Nov 2021 | AOA vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 19.84% | 53.61M | May 2021 | AOA vs NTSE | |
| Pacer Trendpilot International ETF | 16.68% | 181.50M | May 2019 | AOA vs PTIN | |
| Invesco Zacks Multi-Asset Income ETF | 16.07% | 124.41M | Sep 2006 | AOA vs CVY | |
| Myriad Dynamic Asset Allocation ETF | 15.83% | 444.94M | Oct 2025 | AOA vs MDAA |
Lowest Volatility Alternatives to AOA
AOA has 11.49% 1-year volatility. There are 45 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 | 2.88% | 2.20M | Sep 2025 | AOA vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.29% | 98.51M | Aug 2014 | AOA vs HISF | |
| Mindful Conservative ETF | 4.32% | 26.13M | Nov 2021 | AOA vs MFUL | |
| Brookstone Yield ETF | 4.45% | 43.48M | Sep 2023 | AOA vs BAMY |
Lowest Drawdown Alternatives to AOA
AOA has a 1-year max drawdown of -8.20%. There are 48 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -2.48%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Brookstone Yield ETF | -2.48% | 43.48M | Sep 2023 | AOA vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 98.51M | Aug 2014 | AOA vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.72B | Jun 2023 | AOA vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | -3.31% | 145.17M | Nov 2022 | AOA vs HIDE | |
| 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, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.13% | 99.95B | May 2020 | AOA vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.17% | 46.52B | Jan 2024 | AOA vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 68.76% | 44.69B | Jul 2001 | AOA vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 78 | 11.75% | 869.20B | May 2000 | AOA vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 92 | 13.79% | 42.77B | Jun 2014 | AOA vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.18% | 41.54B | Jul 2002 | AOA vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 35 | -18.57% | 28.08B | Apr 2006 | AOA vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 28 | -6.14% | 59.74B | Jan 2005 | AOA vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 85 | 20.84% | 80.11B | May 2000 | AOA vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 77 | 12.35% | 32.49B | Mar 2008 | AOA vs ACWI |
Often Compared With AOA
Investors most often compare AOA with VASGX, VOO, SPY. These 20 comparison targets span 11 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