AAGIY vs. AIA

Last updated Jun 3, 2026

AAGIY (AIA Group Ltd ADR) is a stock, while AIA (iShares Asia 50 ETF) is Asia Pacific Equities fund tracking the S&P Asia 50. Over the past 10 years, AAGIY returned 8.22%/yr vs 15.62%/yr for AIA. A 0.60 correlation means they provide meaningful diversification when combined.

Performance

AAGIY vs. AIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AIA Group Ltd ADR (AAGIY) and iShares Asia 50 ETF (AIA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAGIY achieves a 4.19% return, which is significantly lower than AIA's 54.52% return. Over the past 10 years, AAGIY has underperformed AIA with an annualized return of 8.22%, while AIA has yielded a comparatively higher 15.62% annualized return.

AAGIY

• 1D: 0.79%
• 1M: -3.93%
• YTD: 4.19%
• 6M: 3.21%
• 1Y: 27.61%
• 3Y*: 4.84%
• 5Y*: -1.02%
• 10Y*: 8.22%

AIA

• 1D: 1.91%
• 1M: 20.27%
• YTD: 54.52%
• 6M: 59.65%
• 1Y: 104.35%
• 3Y*: 39.14%
• 5Y*: 12.94%
• 10Y*: 15.62%

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

AAGIY vs. AIA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAGIY AIA Group Ltd ADR	4.19%	46.33%	-12.94%	-20.35%	12.33%	-16.82%	18.71%	30.08%	-2.70%	56.35%
AIA iShares Asia 50 ETF	54.52%	47.79%	20.26%	4.32%	-24.08%	-10.91%	33.73%	22.21%	-14.22%	45.00%

Correlation

The correlation between AAGIY and AIA is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Mar 1, 2011	0.60

Over the past year, the correlation between AAGIY and AIA has dropped to 0.40 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

Return for Risk

AAGIY vs. AIA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAGIY

AAGIY Risk / Return Rank: 72
AAGIY Sharpe Ratio Rank: 73
AAGIY Sortino Ratio Rank: 68
AAGIY Omega Ratio Rank: 65
AAGIY Calmar Ratio Rank: 78
AAGIY Martin Ratio Rank: 78

AIA

AIA Risk / Return Rank: 94
AIA Sharpe Ratio Rank: 96
AIA Sortino Ratio Rank: 93
AIA Omega Ratio Rank: 93
AIA Calmar Ratio Rank: 94
AIA Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAGIY vs. AIA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AIA Group Ltd ADR (AAGIY) and iShares Asia 50 ETF (AIA). 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.

	AAGIY	AIA	Difference
Sharpe ratio Return per unit of total volatility	1.08	4.09	-3.01
Sortino ratio Return per unit of downside risk	1.69	4.70	-3.01
Omega ratio Gain probability vs. loss probability	1.20	1.66	-0.46
Calmar ratio Return relative to maximum drawdown	2.51	7.60	-5.09
Martin ratio Return relative to average drawdown	5.95	28.23	-22.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAGIY vs. AIA - Sharpe Ratio Comparison

The current AAGIY Sharpe Ratio is 1.08, which is lower than the AIA Sharpe Ratio of 4.09. The chart below compares the historical Sharpe Ratios of AAGIY and AIA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AAGIY	AIA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	4.09	-3.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.51	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.67	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.33	+0.06

Drawdowns

AAGIY vs. AIA - Drawdown Comparison

The maximum AAGIY drawdown since its inception was -55.79%, smaller than the maximum AIA drawdown of -60.89%. Use the drawdown chart below to compare losses from any high point for AAGIY and AIA.

Drawdown Indicators

	AAGIY	AIA	Difference
Max Drawdown Largest peak-to-trough decline	-55.79%	-60.89%	+5.10%
Max Drawdown (1Y) Largest decline over 1 year	-11.74%	-14.15%	+2.41%
Max Drawdown (3Y) Largest decline over 3 years	-44.61%	-21.64%	-22.97%
Max Drawdown (5Y) Largest decline over 5 years	-51.99%	-50.17%	-1.82%
Max Drawdown (10Y) Largest decline over 10 years	-55.79%	-54.64%	-1.15%
Current Drawdown Current decline from peak	-12.79%	0.00%	-12.79%
Average Drawdown Average peak-to-trough decline	-14.58%	-16.68%	+2.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.95%	3.81%	+1.14%

Volatility

AAGIY vs. AIA - Volatility Comparison

The current volatility for AIA Group Ltd ADR (AAGIY) is 5.38%, while iShares Asia 50 ETF (AIA) has a volatility of 11.02%. This indicates that AAGIY experiences smaller price fluctuations and is considered to be less risky than AIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAGIY	AIA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	11.02%	-5.64%
Volatility (6M) Calculated over the trailing 6-month period	17.48%	21.66%	-4.18%
Volatility (1Y) Calculated over the trailing 1-year period	25.71%	25.69%	+0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.24%	25.51%	+4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.08%	23.55%	+5.53%

Dividends

AAGIY vs. AIA - Dividend Comparison

AAGIY's dividend yield for the trailing twelve months is around 2.35%, more than AIA's 1.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAGIY AIA Group Ltd ADR	2.35%	2.26%	4.91%	2.29%	1.70%	1.69%	1.29%	1.50%	1.46%	2.17%	3.26%	1.00%
AIA iShares Asia 50 ETF	1.62%	2.50%	2.78%	2.07%	2.59%	1.54%	1.11%	2.24%	2.49%	1.45%	2.29%	2.88%

Frequently Asked Questions

Can I hold both AAGIY and AIA in my portfolio?

AAGIY and AIA have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AAGIY or AIA?

AIA has higher volatility (11.02%) compared to AAGIY (5.38%). In terms of maximum drawdown, AAGIY dropped -55.79% vs AIA's -60.89%.

Which has better risk-adjusted returns?

AIA currently has the higher Sharpe Ratio (4.09 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.