AOM vs. SLQD
AOM (iShares Core Moderate Allocation ETF) and SLQD (iShares 0-5 Year Investment Grade Corporate Bond ETF) are both exchange-traded funds - AOM is a Diversified Portfolio fund tracking the S&P Target Risk Moderate, while SLQD is a Corporate Bonds fund tracking the Markit iBoxx USD Liquid Investment Grade 0-5 Index. Both are passively managed. Over the past 10 years, AOM returned 6.31%/yr vs 2.71%/yr for SLQD. At a 0.34 correlation, their price movements are largely independent. AOM charges 0.25%/yr vs 0.06%/yr for SLQD.
Performance
AOM vs. SLQD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AOM achieves a 4.75% return, which is significantly higher than SLQD's 1.01% return. Over the past 10 years, AOM has outperformed SLQD with an annualized return of 6.31%, while SLQD has yielded a comparatively lower 2.71% annualized return.
AOM
- 1D
- 0.04%
- 1M
- 0.49%
- YTD
- 4.75%
- 6M
- 5.32%
- 1Y
- 12.80%
- 3Y*
- 10.66%
- 5Y*
- 4.66%
- 10Y*
- 6.31%
SLQD
- 1D
- -0.02%
- 1M
- 0.26%
- YTD
- 1.01%
- 6M
- 1.39%
- 1Y
- 4.39%
- 3Y*
- 5.51%
- 5Y*
- 2.53%
- 10Y*
- 2.71%
AOM vs. SLQD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AOM iShares Core Moderate Allocation ETF | 4.75% | 13.28% | 7.95% | 12.38% | -14.54% | 6.93% | 10.02% | 15.58% | -3.88% | 11.63% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 1.01% | 6.27% | 4.94% | 5.98% | -4.38% | -0.61% | 4.76% | 6.09% | 1.09% | 2.12% |
Correlation
The correlation between AOM and SLQD is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2013 | 0.34 |
Over the past year, AOM and SLQD have become more correlated (0.59) than their long-term average of 0.34, meaning their price movements have been converging.
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
AOM vs. SLQD — Risk / Return Rank
AOM
SLQD
AOM vs. SLQD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Moderate Allocation ETF (AOM) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD). 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.
| AOM | SLQD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.61 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 4.15 | -1.63 |
| Martin ratioReturn relative to average drawdown | 10.84 | 18.78 | -7.94 |
Loading charts...
Drawdowns
AOM vs. SLQD - Drawdown Comparison
The maximum AOM drawdown since its inception was -19.96%, which is greater than SLQD's maximum drawdown of -12.69%. Use the drawdown chart below to compare losses from any high point for AOM and SLQD.
Loading charts...
Drawdown Indicators
| AOM | SLQD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.96% | -12.69% | -7.27% |
Max Drawdown (1Y)Largest decline over 1 year | -5.11% | -1.06% | -4.05% |
Max Drawdown (3Y)Largest decline over 3 years | -6.85% | -1.06% | -5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -19.96% | -7.63% | -12.33% |
Max Drawdown (10Y)Largest decline over 10 years | -19.96% | -12.69% | -7.27% |
Current DrawdownCurrent decline from peak | -0.70% | -0.02% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -0.87% | -1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 0.23% | +0.96% |
Volatility
AOM vs. SLQD - Volatility Comparison
iShares Core Moderate Allocation ETF (AOM) has a higher volatility of 2.82% compared to iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) at 0.53%. This indicates that AOM's price experiences larger fluctuations and is considered to be riskier than SLQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AOM | SLQD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 0.53% | +2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 5.63% | 1.13% | +4.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.90% | 1.49% | +5.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.19% | 2.44% | +5.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.96% | 3.14% | +4.82% |
AOM vs. SLQD - Expense Ratio Comparison
AOM has a 0.25% expense ratio, which is higher than SLQD's 0.06% 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
AOM vs. SLQD - Dividend Comparison
AOM's dividend yield for the trailing twelve months is around 2.99%, less than SLQD's 4.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOM iShares Core Moderate Allocation ETF | 2.99% | 2.98% | 3.10% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 2.14% | 1.98% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 4.31% | 4.15% | 3.71% | 2.99% | 2.00% | 1.67% | 2.34% | 2.89% | 2.55% | 1.98% | 1.81% | 1.43% |
Frequently Asked Questions
AOM and SLQD have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AOM has higher volatility (2.82%) compared to SLQD (0.53%). In terms of maximum drawdown, AOM dropped -19.96% vs SLQD's -12.69%.
On 10-year performance, AOM leads with 6.31% vs 2.71% for SLQD. On fees, SLQD is cheaper at 0.06% per year. On volatility, SLQD has been the lower-risk option at 0.53%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, AOM has performed better with a 6.31% return vs 2.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLQD is cheaper with a 0.06% expense ratio, compared with 0.25% for AOM.
SLQD has the higher dividend yield at 4.31%, compared with 2.99% for AOM.
AOM is categorized as Diversified Portfolio, while SLQD is Corporate Bonds. AOM tracks S&P Target Risk Moderate, while SLQD tracks Markit iBoxx USD Liquid Investment Grade 0-5 Index. Their fees differ too: 0.25% for AOM and 0.06% for SLQD.
SLQD currently has the higher Sharpe Ratio (2.96 vs 1.87), 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 AOM and SLQD
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