AOM vs. AOUIX
Compare and contrast key facts about iShares Core Moderate Allocation ETF (AOM) and Angel Oak UltraShort Income Fund (AOUIX).
AOM is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Moderate. It was launched on Nov 4, 2008. AOUIX is managed by Angel Oak. It was launched on Apr 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOM or AOUIX.
Key characteristics
| AOM | AOUIX | |
|---|---|---|
| YTD Return | 0.57% | 1.89% |
| 1Y Return | 7.67% | 6.72% |
| 3Y Return (Ann) | -0.01% | 1.89% |
| 5Y Return (Ann) | 3.97% | 2.20% |
| Sharpe Ratio | 1.08 | 4.01 |
| Daily Std Dev | 6.85% | 1.71% |
| Max Drawdown | -19.96% | -7.38% |
| Current Drawdown | -3.91% | -0.10% |
Correlation
The correlation between AOM and AOUIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AOM vs. AOUIX - Performance Comparison
In the year-to-date period, AOM achieves a 0.57% return, which is significantly lower than AOUIX's 1.89% 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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AOM vs. AOUIX - Expense Ratio Comparison
AOM has a 0.25% expense ratio, which is lower than AOUIX's 0.53% expense ratio.
Risk-Adjusted Performance
AOM vs. AOUIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Moderate Allocation ETF (AOM) and Angel Oak UltraShort Income Fund (AOUIX). 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
AOM vs. AOUIX - Dividend Comparison
AOM's dividend yield for the trailing twelve months is around 2.86%, less than AOUIX's 4.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOM iShares Core Moderate Allocation ETF | 2.86% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 1.98% | 1.98% | 2.08% | 1.87% |
AOUIX Angel Oak UltraShort Income Fund | 4.69% | 4.45% | 2.15% | 1.33% | 2.24% | 3.08% | 2.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AOM vs. AOUIX - Drawdown Comparison
The maximum AOM drawdown since its inception was -19.96%, which is greater than AOUIX's maximum drawdown of -7.38%. Use the drawdown chart below to compare losses from any high point for AOM and AOUIX. For additional features, visit the drawdowns tool.
Volatility
AOM vs. AOUIX - Volatility Comparison
iShares Core Moderate Allocation ETF (AOM) has a higher volatility of 1.91% compared to Angel Oak UltraShort Income Fund (AOUIX) at 0.56%. This indicates that AOM's price experiences larger fluctuations and is considered to be riskier than AOUIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.