AOA vs. MDAA
AOA (iShares Core 80/20 Aggressive Allocation ETF) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. AOA is passively managed, while MDAA is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. AOA charges 0.15%/yr vs 0.97%/yr for MDAA.
Performance
AOA vs. MDAA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AOA achieves a 10.13% return, which is significantly lower than MDAA's 22.13% return.
AOA
- 1D
- 0.18%
- 1M
- 3.39%
- YTD
- 10.13%
- 6M
- 10.89%
- 1Y
- 24.17%
- 3Y*
- 17.70%
- 5Y*
- 9.19%
- 10Y*
- 10.53%
MDAA
- 1D
- -1.11%
- 1M
- 8.24%
- YTD
- 22.13%
- 6M
- 22.52%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AOA vs. MDAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AOA iShares Core 80/20 Aggressive Allocation ETF | 10.13% | 2.09% |
MDAA Myriad Dynamic Asset Allocation ETF | 22.13% | -0.27% |
Correlation
The correlation between AOA and MDAA is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025 | 0.92 |
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. MDAA — Risk / Return Rank
AOA
MDAA
AOA vs. MDAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 80/20 Aggressive Allocation ETF (AOA) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.
| AOA | MDAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.42 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | — | — |
| Martin ratioReturn relative to average drawdown | 13.13 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AOA | MDAA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 1.47 | -0.77 |
Drawdowns
AOA vs. MDAA - Drawdown Comparison
The maximum AOA drawdown since its inception was -28.38%, which is greater than MDAA's maximum drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for AOA and MDAA.
Loading charts...
Drawdown Indicators
| AOA | MDAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.38% | -14.59% | -13.79% |
Max Drawdown (1Y)Largest decline over 1 year | -8.20% | — | — |
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 | -0.31% | -1.11% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -4.05% | -2.93% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | — | — |
Volatility
AOA vs. MDAA - Volatility Comparison
Loading charts...
Volatility by Period
| AOA | MDAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.51% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.63% | 23.89% | -13.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.97% | 23.89% | -10.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.54% | 23.89% | -10.35% |
AOA vs. MDAA - Expense Ratio Comparison
AOA has a 0.15% expense ratio, which is lower than MDAA's 0.97% expense ratio.
Dividends
AOA vs. MDAA - Dividend Comparison
AOA's dividend yield for the trailing twelve months is around 2.04%, more than MDAA's 0.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOA iShares Core 80/20 Aggressive Allocation ETF | 2.04% | 2.18% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.26% | 2.15% |
MDAA Myriad Dynamic Asset Allocation ETF | 0.38% | 0.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, AOA and MDAA 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.
On fees, AOA is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AOA is cheaper with a 0.15% expense ratio, compared with 0.97% for MDAA.
AOA has the higher dividend yield at 2.04%, compared with 0.38% for MDAA.
They also come from different issuers: iShares and Myriad. Their fees differ too: 0.15% for AOA and 0.97% for MDAA.
Find the right allocation for AOA and MDAA
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