AAAA vs. AOA
AAAA (Amplius Aggressive Asset Allocation ETF) and AOA (iShares Core 80/20 Aggressive Allocation ETF) are both Diversified Portfolio funds. AAAA is actively managed, while AOA is passively managed. With a 0.96 correlation, they move nearly in lockstep. AAAA charges 0.49%/yr vs 0.15%/yr for AOA.
Performance
AAAA vs. AOA - Performance Comparison
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Returns By Period
In the year-to-date period, AAAA achieves a 10.05% return, which is significantly higher than AOA's 8.15% return.
AAAA
- 1D
- -0.13%
- 1M
- -0.44%
- YTD
- 10.05%
- 6M
- 8.97%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOA
- 1D
- -0.03%
- 1M
- -0.21%
- YTD
- 8.15%
- 6M
- 7.34%
- 1Y
- 20.12%
- 3Y*
- 16.65%
- 5Y*
- 8.70%
- 10Y*
- 10.74%
AAAA vs. AOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AAAA Amplius Aggressive Asset Allocation ETF | 10.05% | 10.11% |
AOA iShares Core 80/20 Aggressive Allocation ETF | 8.15% | 9.54% |
Correlation
The correlation between AAAA and AOA is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025 | 0.96 |
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Return for Risk
AAAA vs. AOA — Risk / Return Rank
AAAA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AOA
AAAA vs. AOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplius Aggressive Asset Allocation ETF (AAAA) and iShares Core 80/20 Aggressive Allocation ETF (AOA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAAA | AOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.46 | — |
| Martin ratioReturn relative to average drawdown | — | 10.68 | — |
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Drawdowns
AAAA vs. AOA - Drawdown Comparison
The maximum AAAA drawdown since its inception was -7.83%, smaller than the maximum AOA drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for AAAA and AOA.
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Drawdown Indicators
| AAAA | AOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.83% | -28.38% | +20.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.20% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.94% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.38% | — |
Current DrawdownCurrent decline from peak | -2.62% | -2.11% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -1.05% | -4.04% | +2.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.89% | — |
Volatility
AAAA vs. AOA - Volatility Comparison
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Volatility by Period
| AAAA | AOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.43% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.33% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.84% | 11.24% | +0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.84% | 13.08% | -1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.84% | 13.51% | -1.67% |
AAAA vs. AOA - Expense Ratio Comparison
AAAA has a 0.49% expense ratio, which is higher than AOA's 0.15% expense ratio.
Dividends
AAAA vs. AOA - Dividend Comparison
AAAA's dividend yield for the trailing twelve months is around 0.81%, less than AOA's 2.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAAA Amplius Aggressive Asset Allocation ETF | 0.81% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AOA iShares Core 80/20 Aggressive Allocation ETF | 2.08% | 2.18% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.26% | 2.15% |
Frequently Asked Questions
With a correlation of 0.96, AAAA and AOA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, AOA is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AOA is cheaper with a 0.15% expense ratio, compared with 0.49% for AAAA.
AOA has the higher dividend yield at 2.08%, compared with 0.81% for AAAA.
They also come from different issuers: Amplius and iShares. Their fees differ too: 0.49% for AAAA and 0.15% for AOA.
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