ACIO vs. AOR
ACIO (Aptus Collared Income Opportunity ETF) and AOR (iShares Core 60/40 Balanced Allocation ETF) are both Diversified Portfolio funds. ACIO is actively managed, while AOR is passively managed. Over the past 5 years, ACIO returned 9.65%/yr vs 6.73%/yr for AOR. Their correlation of 0.84 suggests significant overlap in exposure. ACIO charges 0.79%/yr vs 0.15%/yr for AOR.
Performance
ACIO vs. AOR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ACIO achieves a 5.06% return, which is significantly lower than AOR's 6.31% return.
ACIO
- 1D
- -0.93%
- 1M
- -1.38%
- YTD
- 5.06%
- 6M
- 4.31%
- 1Y
- 13.16%
- 3Y*
- 14.88%
- 5Y*
- 9.65%
- 10Y*
- —
AOR
- 1D
- -1.18%
- 1M
- -0.01%
- YTD
- 6.31%
- 6M
- 5.96%
- 1Y
- 17.17%
- 3Y*
- 13.59%
- 5Y*
- 6.73%
- 10Y*
- 8.54%
ACIO vs. AOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ACIO Aptus Collared Income Opportunity ETF | 5.06% | 9.03% | 21.92% | 15.90% | -10.31% | 18.03% | 9.85% | 3.30% |
AOR iShares Core 60/40 Balanced Allocation ETF | 6.31% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 5.96% |
Correlation
The correlation between ACIO and AOR is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2019 | 0.84 |
The correlation between ACIO and AOR has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ACIO vs. AOR — Risk / Return Rank
ACIO
AOR
ACIO vs. AOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aptus Collared Income Opportunity ETF (ACIO) and iShares Core 60/40 Balanced Allocation ETF (AOR). 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.
| ACIO | AOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.36 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 2.60 | -0.77 |
| Martin ratioReturn relative to average drawdown | 7.11 | 11.13 | -4.02 |
Loading charts...
Drawdowns
ACIO vs. AOR - Drawdown Comparison
The maximum ACIO drawdown since its inception was -14.19%, smaller than the maximum AOR drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for ACIO and AOR.
Loading charts...
Drawdown Indicators
| ACIO | AOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.19% | -24.44% | +10.25% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -6.64% | -0.58% |
Max Drawdown (3Y)Largest decline over 3 years | -12.12% | -9.77% | -2.35% |
Max Drawdown (5Y)Largest decline over 5 years | -14.00% | -21.72% | +7.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.95% | — |
Current DrawdownCurrent decline from peak | -2.63% | -1.53% | -1.10% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -3.47% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 1.55% | +0.31% |
Volatility
ACIO vs. AOR - Volatility Comparison
Aptus Collared Income Opportunity ETF (ACIO) and iShares Core 60/40 Balanced Allocation ETF (AOR) have volatilities of 3.57% and 3.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ACIO | AOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 3.61% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 7.49% | -0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.82% | 8.96% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.13% | 10.64% | +0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.67% | 10.66% | +1.01% |
ACIO vs. AOR - Expense Ratio Comparison
ACIO has a 0.79% expense ratio, which is higher than AOR's 0.15% expense ratio.
Dividends
ACIO vs. AOR - Dividend Comparison
ACIO's dividend yield for the trailing twelve months is around 0.39%, less than AOR's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACIO Aptus Collared Income Opportunity ETF | 0.39% | 0.37% | 0.44% | 0.72% | 1.51% | 0.61% | 1.02% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% |
AOR iShares Core 60/40 Balanced Allocation ETF | 2.49% | 2.55% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% |
Frequently Asked Questions
With a correlation of 0.91, ACIO and AOR 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.
AOR has higher volatility (3.61%) compared to ACIO (3.57%). In terms of maximum drawdown, ACIO dropped -14.19% vs AOR's -24.44%.
On 5-year performance, ACIO leads with 9.65% vs 6.73% for AOR. On fees, AOR is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ACIO has performed better with a 9.65% return vs 6.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOR is cheaper with a 0.15% expense ratio, compared with 0.79% for ACIO.
AOR has the higher dividend yield at 2.49%, compared with 0.39% for ACIO.
They also come from different issuers: Aptus Capital Advisors and iShares. Their fees differ too: 0.79% for ACIO and 0.15% for AOR.
AOR currently has the higher Sharpe Ratio (1.93 vs 1.50), 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.
Find the right allocation for ACIO and AOR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer