AOA vs. ITDB
AOA (iShares Core 80/20 Aggressive Allocation ETF) and ITDB (Ishares Lifepath Target Date 2030 ETF) are both exchange-traded funds - AOA is a Diversified Portfolio fund tracking the S&P Target Risk Aggressive Index, while ITDB is a Target Retirement Date fund actively managed by iShares. AOA is passively managed, while ITDB is actively managed. Over the past year, AOA returned 20.12% vs 14.00% for ITDB. Their correlation of 0.94 suggests significant overlap in exposure. AOA charges 0.15%/yr vs 0.09%/yr for ITDB.
Performance
AOA vs. ITDB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AOA achieves a 8.15% return, which is significantly higher than ITDB's 5.63% return.
AOA
- 1D
- -0.03%
- 1M
- -0.21%
- YTD
- 8.15%
- 6M
- 7.34%
- 1Y
- 20.12%
- 3Y*
- 16.65%
- 5Y*
- 8.70%
- 10Y*
- 10.74%
ITDB
- 1D
- 0.10%
- 1M
- 0.22%
- YTD
- 5.63%
- 6M
- 5.12%
- 1Y
- 14.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOA vs. ITDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AOA iShares Core 80/20 Aggressive Allocation ETF | 8.15% | 19.59% | 13.55% | 10.87% |
ITDB Ishares Lifepath Target Date 2030 ETF | 5.63% | 14.58% | 9.65% | 11.73% |
Correlation
The correlation between AOA and ITDB is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.95 |
The correlation between AOA and ITDB has been stable across timeframes, ranging from 0.94 to 0.95 - 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
AOA vs. ITDB — Risk / Return Rank
AOA
ITDB
AOA vs. ITDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 80/20 Aggressive Allocation ETF (AOA) and Ishares Lifepath Target Date 2030 ETF (ITDB). 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.
| AOA | ITDB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 2.48 | -0.02 |
| Martin ratioReturn relative to average drawdown | 10.68 | 10.71 | -0.03 |
Loading charts...
Drawdowns
AOA vs. ITDB - Drawdown Comparison
The maximum AOA drawdown since its inception was -28.38%, which is greater than ITDB's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for AOA and ITDB.
Loading charts...
Drawdown Indicators
| AOA | ITDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.38% | -8.41% | -19.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.20% | -5.66% | -2.54% |
Max Drawdown (3Y)Largest decline over 3 years | -12.94% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.38% | — | — |
Current DrawdownCurrent decline from peak | -2.11% | -1.12% | -0.99% |
Average DrawdownAverage peak-to-trough decline | -4.04% | -0.94% | -3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 1.31% | +0.58% |
Volatility
AOA vs. ITDB - Volatility Comparison
iShares Core 80/20 Aggressive Allocation ETF (AOA) has a higher volatility of 4.43% compared to Ishares Lifepath Target Date 2030 ETF (ITDB) at 2.92%. This indicates that AOA's price experiences larger fluctuations and is considered to be riskier than ITDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AOA | ITDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 2.92% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 9.33% | 6.40% | +2.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.24% | 7.60% | +3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.08% | 8.67% | +4.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.51% | 8.67% | +4.84% |
AOA vs. ITDB - Expense Ratio Comparison
AOA has a 0.15% expense ratio, which is higher than ITDB's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AOA vs. ITDB - Dividend Comparison
AOA's dividend yield for the trailing twelve months is around 2.08%, more than ITDB's 1.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ITDB Ishares Lifepath Target Date 2030 ETF | 1.94% | 2.05% | 1.96% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, AOA and ITDB 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.
AOA has higher volatility (4.43%) compared to ITDB (2.92%). In terms of maximum drawdown, AOA dropped -28.38% vs ITDB's -8.41%.
On 1-year performance, AOA leads with 20.12% vs 14.00% for ITDB. On fees, ITDB is cheaper at 0.09% per year. On volatility, ITDB has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AOA has performed better with a 20.12% return vs 14.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ITDB is cheaper with a 0.09% expense ratio, compared with 0.15% for AOA.
AOA has the higher dividend yield at 2.08%, compared with 1.94% for ITDB.
AOA is categorized as Diversified Portfolio, while ITDB is Target Retirement Date. Their fees differ too: 0.15% for AOA and 0.09% for ITDB.
ITDB currently has the higher Sharpe Ratio (1.86 vs 1.81), 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 AOA and ITDB
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