AAEQ vs. BLCR

Last updated Aug 6, 2026

AAEQ (Alpha Architect US Equity 2 ETF) and BLCR (iShares Large Cap Core Active ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their correlation of 0.90 means they have usually moved in the same direction. AAEQ charges 0.15%/yr vs 0.36%/yr for BLCR.

Performance

AAEQ vs. BLCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect US Equity 2 ETF (AAEQ) and iShares Large Cap Core Active ETF (BLCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAEQ achieves a 11.53% return, which is significantly lower than BLCR's 19.04% return.

AAEQ

• 1D: -0.11%
• 1M: 2.83%
• 6M: 12.87%
• YTD: 11.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BLCR

• 1D: -0.59%
• 1M: 0.96%
• 6M: 18.01%
• YTD: 19.04%
• 1Y: 35.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 30.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAEQ Alpha Architect US Equity 2 ETF	$24.64K	$18.70K	$31.51K
BLCR iShares Large Cap Core Active ETF	$17.62M	$18.64M	$32.54M

AAEQ vs. BLCR - Yearly Performance Comparison

	2026 (YTD)	2025
AAEQ Alpha Architect US Equity 2 ETF	11.53%	-1.11%
BLCR iShares Large Cap Core Active ETF	19.04%	1.34%

Correlation

The correlation between AAEQ and BLCR is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.90

AAEQ vs. BLCR - Sectors Allocation Comparison

Sectors	AAEQ	BLCR
Technology	39.7%	36.6%
Financial Services	11.2%	9.7%
Consumer Cyclical	9.8%	10.3%
Communication Services	9.7%	13.3%
Healthcare	8.8%	9.7%
Industrials	7.9%	13.7%
Consumer Defensive	4.4%	-
Energy	3.3%	2.2%
Utilities	2.1%	2.3%
Basic Materials	1.6%	2.3%
Real Estate	1.4%	-

Return for Risk

AAEQ vs. BLCR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AAEQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BLCR

BLCR Risk / Return Rank: 80
BLCR Sharpe Ratio Rank: 80
BLCR Sortino Ratio Rank: 77
BLCR Omega Ratio Rank: 74
BLCR Calmar Ratio Rank: 83
BLCR Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AAEQ vs. BLCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect US Equity 2 ETF (AAEQ) and iShares Large Cap Core Active ETF (BLCR). 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.

	AAEQ	BLCR	Difference
Sharpe ratio: Return per unit of total volatility	—	2.05	—
Sortino ratio: Return per unit of downside risk	—	2.81	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.45	—
Martin ratio: Return relative to average drawdown	—	13.77	—

Drawdowns

AAEQ vs. BLCR - Drawdown Comparison

The maximum AAEQ drawdown since its inception was -10.26%, smaller than the maximum BLCR drawdown of -21.29%. Use the drawdown chart below to compare losses from any high point for AAEQ and BLCR.

Drawdown Indicators

	AAEQ	BLCR	Difference
Max Drawdown Largest peak-to-trough decline	-10.26%	-21.29%	+11.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.26%	—
Current Drawdown Current decline from peak	-0.11%	-0.81%	+0.70%
Average Drawdown Average peak-to-trough decline	-2.32%	-2.23%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.57%	—

Volatility

Volatility by Period

	AAEQ	BLCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.08%	17.27%	-3.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.08%	17.75%	-3.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.08%	17.75%	-3.67%

AAEQ vs. BLCR - Expense Ratio Comparison

AAEQ has a 0.15% expense ratio, which is lower than BLCR's 0.36% expense ratio.

Dividends

AAEQ vs. BLCR - Dividend Comparison

AAEQ's dividend yield for the trailing twelve months is around 0.09%, less than BLCR's 0.28% yield.

Position	TTM	2025	2024	2023
AAEQ Alpha Architect US Equity 2 ETF	0.09%	0.10%	0.00%	0.00%
BLCR iShares Large Cap Core Active ETF	0.28%	0.33%	0.75%	0.13%

Frequently Asked Questions

Can I hold both AAEQ and BLCR in my portfolio?

AAEQ and BLCR have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAEQ or BLCR?

On fees, AAEQ is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAEQ or BLCR?

AAEQ is cheaper with a 0.15% expense ratio, compared with 0.36% for BLCR.

Which ETF pays a higher dividend yield, AAEQ or BLCR?

BLCR has the higher dividend yield at 0.28%, compared with 0.09% for AAEQ.

What is the main difference between AAEQ and BLCR?

They also come from different issuers: Alpha Architect and BlackRock. Their fees differ too: 0.15% for AAEQ and 0.36% for BLCR.