AIA vs. USOY
AIA (iShares Asia 50 ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - AIA is a Asia Pacific Equities fund tracking the S&P Asia 50, while USOY is a Derivative Income fund actively managed by Defiance. AIA is passively managed, while USOY is actively managed. Over the past year, AIA returned 100.69% vs 57.29% for USOY. At a correlation of -0.01, they often move in opposite directions. AIA charges 0.50%/yr vs 1.22%/yr for USOY.
Performance
AIA vs. USOY - Performance Comparison
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Returns By Period
In the year-to-date period, AIA achieves a 52.67% return, which is significantly lower than USOY's 62.18% return.
AIA
- 1D
- -1.19%
- 1M
- 18.04%
- YTD
- 52.67%
- 6M
- 57.46%
- 1Y
- 100.69%
- 3Y*
- 38.58%
- 5Y*
- 12.42%
- 10Y*
- 15.48%
USOY
- 1D
- 1.45%
- 1M
- -3.43%
- YTD
- 62.18%
- 6M
- 59.35%
- 1Y
- 57.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIA vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIA iShares Asia 50 ETF | 52.67% | 47.79% | 6.17% |
USOY Defiance Oil Enhanced Options Income ETF | 62.18% | -7.93% | 7.27% |
Correlation
The correlation between AIA and USOY is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.25 |
Correlation (All Time) Calculated using the full available price history since May 13, 2024 | -0.01 |
Over the past year, the inverse relationship between AIA and USOY has strengthened: their correlation has moved from -0.01 to -0.25, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
AIA vs. USOY — Risk / Return Rank
AIA
USOY
AIA vs. USOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Asia 50 ETF (AIA) and Defiance Oil Enhanced Options Income ETF (USOY). 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.
| AIA | USOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.05 | ||
| Sortino ratioReturn per unit of downside risk | +2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.35 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 7.16 | 4.03 | +3.13 |
| Martin ratioReturn relative to average drawdown | 26.55 | 7.74 | +18.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIA | USOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.94 | 1.89 | +2.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.99 | -0.67 |
Drawdowns
AIA vs. USOY - Drawdown Comparison
The maximum AIA drawdown since its inception was -60.89%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for AIA and USOY.
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Drawdown Indicators
| AIA | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.89% | -17.46% | -43.43% |
Max Drawdown (1Y)Largest decline over 1 year | -14.15% | -14.29% | +0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -21.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -50.17% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -54.64% | — | — |
Current DrawdownCurrent decline from peak | -1.19% | -5.11% | +3.92% |
Average DrawdownAverage peak-to-trough decline | -16.68% | -6.47% | -10.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 7.42% | -3.61% |
Volatility
AIA vs. USOY - Volatility Comparison
iShares Asia 50 ETF (AIA) and Defiance Oil Enhanced Options Income ETF (USOY) have volatilities of 11.22% and 11.62%, 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.
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Volatility by Period
| AIA | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.22% | 11.62% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 21.71% | 27.18% | -5.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.70% | 30.44% | -4.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.51% | 26.13% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.55% | 26.13% | -2.58% |
AIA vs. USOY - Expense Ratio Comparison
AIA has a 0.50% expense ratio, which is lower than USOY's 1.22% expense ratio.
Dividends
AIA vs. USOY - Dividend Comparison
AIA's dividend yield for the trailing twelve months is around 1.64%, less than USOY's 54.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIA iShares Asia 50 ETF | 1.64% | 2.50% | 2.78% | 2.07% | 2.59% | 1.54% | 1.11% | 2.24% | 2.49% | 1.45% | 2.29% | 2.88% |
USOY Defiance Oil Enhanced Options Income ETF | 54.16% | 104.32% | 48.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AIA and USOY have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USOY has higher volatility (11.62%) compared to AIA (11.22%). In terms of maximum drawdown, AIA dropped -60.89% vs USOY's -17.46%.
On 1-year performance, AIA leads with 100.69% vs 57.29% for USOY. On fees, AIA is cheaper at 0.50% per year. On volatility, AIA has been the lower-risk option at 11.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AIA has performed better with a 100.69% return vs 57.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AIA is cheaper with a 0.50% expense ratio, compared with 1.22% for USOY.
USOY has the higher dividend yield at 54.16%, compared with 1.64% for AIA.
AIA is categorized as Asia Pacific Equities, while USOY is Derivative Income. They also come from different issuers: iShares and Defiance. Their fees differ too: 0.50% for AIA and 1.22% for USOY.
AIA currently has the higher Sharpe Ratio (3.94 vs 1.89), 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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