ACVF vs. AOA
Compare and contrast key facts about American Conservative Values ETF (ACVF) and iShares Core Aggressive Allocation ETF (AOA).
ACVF and AOA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACVF is an actively managed fund by Ridgeline Research LLC. It was launched on Oct 29, 2020. AOA is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Aggressive Index. It was launched on Nov 4, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACVF or AOA.
Key characteristics
| ACVF | AOA | |
|---|---|---|
| YTD Return | 7.69% | 4.84% |
| 1Y Return | 26.36% | 16.68% |
| 3Y Return (Ann) | 8.59% | 3.72% |
| Sharpe Ratio | 2.45 | 1.68 |
| Daily Std Dev | 11.57% | 9.73% |
| Max Drawdown | -24.39% | -28.38% |
| Current Drawdown | -3.07% | -1.51% |
Correlation
The correlation between ACVF and AOA is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ACVF vs. AOA - Performance Comparison
In the year-to-date period, ACVF achieves a 7.69% return, which is significantly higher than AOA's 4.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ACVF vs. AOA - Expense Ratio Comparison
ACVF has a 0.75% expense ratio, which is higher than AOA's 0.25% expense ratio.
Risk-Adjusted Performance
ACVF vs. AOA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Conservative Values ETF (ACVF) and iShares Core 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.
Dividends
ACVF vs. AOA - Dividend Comparison
ACVF's dividend yield for the trailing twelve months is around 0.73%, less than AOA's 2.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACVF American Conservative Values ETF | 0.73% | 0.82% | 0.93% | 0.61% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AOA iShares Core Aggressive Allocation ETF | 2.15% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.02% | 2.15% | 2.18% | 1.84% |
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. For additional features, visit the drawdowns tool.
Volatility
ACVF vs. AOA - Volatility Comparison
American Conservative Values ETF (ACVF) has a higher volatility of 3.75% compared to iShares Core Aggressive Allocation ETF (AOA) at 3.30%. 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.