AIVL vs. AOA
AIVL (WisdomTree U.S. Al Enhanced Value Fund) and AOA (iShares Core 80/20 Aggressive Allocation ETF) are both exchange-traded funds - AIVL is a Mid Cap Value Equities fund actively managed by WisdomTree, while AOA is a Diversified Portfolio fund tracking the S&P Target Risk Aggressive Index. AIVL is actively managed, while AOA is passively managed. Over the past 10 years, AIVL returned 8.44%/yr vs 10.26%/yr for AOA. Their correlation of 0.83 means they have usually moved in the same direction. AIVL charges 0.38%/yr vs 0.15%/yr for AOA.
Performance
AIVL vs. AOA - Performance Comparison
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Returns By Period
In the year-to-date period, AIVL achieves a 16.26% return, which is significantly higher than AOA's 9.12% return. Over the past 10 years, AIVL has underperformed AOA with an annualized return of 8.44%, while AOA has yielded a comparatively higher 10.26% annualized return.
AIVL
- 1D
- 0.41%
- 1M
- 0.73%
- 6M
- 11.74%
- YTD
- 16.26%
- 1Y
- 21.46%
- 3Y*
- 13.45%
- 5Y*
- 8.79%
- 10Y*
- 8.44%
- ALL TIME*
- 8.37%
AOA
- 1D
- 0.30%
- 1M
- -0.25%
- 6M
- 6.38%
- YTD
- 9.12%
- 1Y
- 19.59%
- 3Y*
- 15.46%
- 5Y*
- 8.79%
- 10Y*
- 10.26%
- ALL TIME*
- 10.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $552.10K | $822.97K | $521.55K | |
| $10.98M | $10.05M | $10.43M |
AIVL vs. AOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIVL WisdomTree U.S. Al Enhanced Value Fund | 16.26% | 9.72% | 13.49% | 7.17% | -7.26% | 24.30% | -5.82% | 24.40% | -9.57% | 13.77% |
AOA iShares Core 80/20 Aggressive Allocation ETF | 9.12% | 19.59% | 13.55% | 18.27% | -16.23% | 15.42% | 12.82% | 22.60% | -7.86% | 20.05% |
Correlation
The correlation between AIVL and AOA is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2008 | 0.83 |
The correlation between AIVL and AOA shifts across timeframes, from 0.65 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AIVL vs. AOA — Risk / Return Rank
AIVL
AOA
AIVL vs. AOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Al Enhanced Value Fund (AIVL) 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.
| AIVL | AOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 2.27 | +0.26 |
| Martin ratioReturn relative to average drawdown | 10.46 | 9.56 | +0.89 |
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Drawdowns
AIVL vs. AOA - Drawdown Comparison
The maximum AIVL drawdown since its inception was -62.48%, which is greater than AOA's maximum drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for AIVL and AOA.
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Drawdown Indicators
| AIVL | AOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.48% | -28.38% | -34.10% |
Max Drawdown (1Y)Largest decline over 1 year | -7.85% | -8.20% | +0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -14.48% | -12.94% | -1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -19.08% | -23.62% | +4.54% |
Max Drawdown (10Y)Largest decline over 10 years | -41.16% | -28.38% | -12.78% |
Current DrawdownCurrent decline from peak | -1.05% | -1.23% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -4.03% | -3.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 1.94% | -0.04% |
Volatility
AIVL vs. AOA - Volatility Comparison
WisdomTree U.S. Al Enhanced Value Fund (AIVL) and iShares Core 80/20 Aggressive Allocation ETF (AOA) have volatilities of 3.29% and 3.19%, 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
| AIVL | AOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 3.19% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 9.40% | 9.61% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 11.49% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.75% | 13.10% | +1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.33% | 13.50% | +3.83% |
AIVL vs. AOA - Expense Ratio Comparison
AIVL has a 0.38% expense ratio, which is higher than AOA's 0.15% expense ratio.
Dividends
AIVL vs. AOA - Dividend Comparison
AIVL's dividend yield for the trailing twelve months is around 1.45%, less than AOA's 2.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVL WisdomTree U.S. Al Enhanced Value Fund | 1.45% | 1.61% | 2.13% | 2.43% | 2.08% | 2.75% | 3.55% | 3.25% | 4.18% | 3.16% | 3.20% | 3.41% |
AOA iShares Core 80/20 Aggressive Allocation ETF | 2.13% | 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
AIVL and AOA have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIVL has higher volatility (3.29%) compared to AOA (3.19%). In terms of maximum drawdown, AIVL dropped -62.48% vs AOA's -28.38%.
On 10-year performance, AOA leads with 10.26% vs 8.44% for AIVL. On fees, AOA is cheaper at 0.15% per year. On volatility, AOA has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, AOA has performed better with a 10.26% return vs 8.44%. 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 0.38% for AIVL.
AOA has the higher dividend yield at 2.13%, compared with 1.45% for AIVL.
AIVL is categorized as Mid Cap Value Equities, while AOA is Diversified Portfolio. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for AIVL and 0.15% for AOA.
AIVL currently has the higher Sharpe Ratio (1.66 vs 1.62), 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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