ACVF vs. AOA
ACVF (American Conservative Values ETF) and AOA (iShares Core 80/20 Aggressive Allocation ETF) are both exchange-traded funds - ACVF is a Large Cap Blend Equities fund actively managed by Ridgeline Research LLC, while AOA is a Diversified Portfolio fund tracking the S&P Target Risk Aggressive Index. ACVF is actively managed, while AOA is passively managed. Over the past 5 years, ACVF returned 11.76%/yr vs 8.78%/yr for AOA. Their correlation of 0.93 suggests significant overlap in exposure. ACVF charges 0.75%/yr vs 0.15%/yr for AOA.
Performance
ACVF vs. AOA - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ACVF having a 8.21% return and AOA slightly lower at 8.19%.
ACVF
- 1D
- -1.39%
- 1M
- -0.01%
- YTD
- 8.21%
- 6M
- 7.25%
- 1Y
- 16.84%
- 3Y*
- 18.14%
- 5Y*
- 11.76%
- 10Y*
- —
AOA
- 1D
- -1.54%
- 1M
- -0.18%
- YTD
- 8.19%
- 6M
- 7.63%
- 1Y
- 21.66%
- 3Y*
- 16.66%
- 5Y*
- 8.78%
- 10Y*
- 10.74%
ACVF vs. AOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ACVF American Conservative Values ETF | 8.21% | 13.67% | 20.56% | 23.81% | -15.74% | 28.84% | 14.93% |
AOA iShares Core 80/20 Aggressive Allocation ETF | 8.19% | 19.59% | 13.55% | 18.27% | -16.23% | 15.42% | 13.72% |
Correlation
The correlation between ACVF and AOA 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 | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020 | 0.93 |
The correlation between ACVF and AOA has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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Return for Risk
ACVF vs. AOA — Risk / Return Rank
ACVF
AOA
ACVF vs. AOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Conservative Values ETF (ACVF) 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.
| ACVF | AOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.36 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 2.65 | -0.46 |
| Martin ratioReturn relative to average drawdown | 8.61 | 11.52 | -2.90 |
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Drawdowns
ACVF vs. AOA - Drawdown Comparison
The maximum ACVF drawdown since its inception was -24.39%, smaller than the maximum AOA drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for ACVF and AOA.
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Drawdown Indicators
| ACVF | AOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.39% | -28.38% | +3.99% |
Max Drawdown (1Y)Largest decline over 1 year | -7.70% | -8.20% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -16.82% | -12.94% | -3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -23.62% | -0.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.38% | — |
Current DrawdownCurrent decline from peak | -2.67% | -2.08% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -4.04% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 1.88% | +0.08% |
Volatility
ACVF vs. AOA - Volatility Comparison
American Conservative Values ETF (ACVF) has a higher volatility of 4.97% compared to iShares Core 80/20 Aggressive Allocation ETF (AOA) at 4.43%. This indicates that ACVF's price experiences larger fluctuations and is considered to be riskier than AOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACVF | AOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.97% | 4.43% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 9.92% | 9.34% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 11.25% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.35% | 13.09% | +3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.01% | 13.51% | +2.50% |
ACVF vs. AOA - Expense Ratio Comparison
ACVF has a 0.75% expense ratio, which is higher than AOA's 0.15% expense ratio.
Dividends
ACVF vs. AOA - Dividend Comparison
ACVF's dividend yield for the trailing twelve months is around 0.55%, less than AOA's 2.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACVF American Conservative Values ETF | 0.55% | 0.59% | 0.59% | 0.82% | 0.93% | 0.61% | 0.23% | 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 0.91, ACVF 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.
ACVF has higher volatility (4.97%) compared to AOA (4.43%). In terms of maximum drawdown, ACVF dropped -24.39% vs AOA's -28.38%.
On 5-year performance, ACVF leads with 11.76% vs 8.78% for AOA. On fees, AOA is cheaper at 0.15% per year. On volatility, AOA has been the lower-risk option at 4.43%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ACVF has performed better with a 11.76% return vs 8.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOA is cheaper with a 0.15% expense ratio, compared with 0.75% for ACVF.
AOA has the higher dividend yield at 2.08%, compared with 0.55% for ACVF.
ACVF is categorized as Large Cap Blend Equities, while AOA is Diversified Portfolio. They also come from different issuers: Ridgeline Research LLC and iShares. Their fees differ too: 0.75% for ACVF and 0.15% for AOA.
AOA currently has the higher Sharpe Ratio (1.94 vs 1.40), 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.
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