AOM vs. VFMV

Last updated Jun 13, 2026

AOM (iShares Core Moderate Allocation ETF) and VFMV (Vanguard U.S. Minimum Volatility ETF) are both exchange-traded funds - AOM is a Diversified Portfolio fund tracking the S&P Target Risk Moderate, while VFMV is a Mid Cap Blend Equities fund actively managed by Vanguard. AOM is passively managed, while VFMV is actively managed. Over the past 5 years, AOM returned 4.66%/yr vs 9.55%/yr for VFMV. A 0.74 correlation means they provide meaningful diversification when combined. AOM charges 0.25%/yr vs 0.13%/yr for VFMV.

Performance

AOM vs. VFMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core Moderate Allocation ETF (AOM) and Vanguard U.S. Minimum Volatility ETF (VFMV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AOM achieves a 4.75% return, which is significantly lower than VFMV's 8.57% 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%

VFMV

• 1D: 0.40%
• 1M: 1.39%
• YTD: 8.57%
• 6M: 7.81%
• 1Y: 12.36%
• 3Y*: 14.22%
• 5Y*: 9.55%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AOM vs. VFMV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AOM iShares Core Moderate Allocation ETF	4.75%	13.28%	7.95%	12.38%	-14.54%	6.93%	10.02%	15.58%	-3.22%
VFMV Vanguard U.S. Minimum Volatility ETF	8.57%	10.52%	16.91%	8.86%	-5.73%	20.75%	-0.19%	27.26%	-0.34%

Correlation

The correlation between AOM and VFMV is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018	0.74

The correlation between AOM and VFMV has been stable across timeframes, ranging from 0.65 to 0.74 - a consistent structural relationship.

AOM vs. VFMV - Sectors Allocation Comparison

Sectors	AOM	VFMV
Technology	27.9%	25.1%
Financial Services	16.1%	10.6%
Industrials	11.9%	10.1%
Consumer Cyclical	9.5%	6.9%
Communication Services	8.1%	10.7%
Healthcare	8.0%	10.1%
Consumer Defensive	5.0%	9.5%
Energy	4.3%	3.9%
Basic Materials	4.2%	-
Utilities	2.7%	6.7%
Real Estate	2.4%	6.4%

Return for Risk

AOM vs. VFMV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AOM

AOM Risk / Return Rank: 66
AOM Sharpe Ratio Rank: 66
AOM Sortino Ratio Rank: 69
AOM Omega Ratio Rank: 68
AOM Calmar Ratio Rank: 58
AOM Martin Ratio Rank: 68

VFMV

VFMV Risk / Return Rank: 47
VFMV Sharpe Ratio Rank: 46
VFMV Sortino Ratio Rank: 46
VFMV Omega Ratio Rank: 43
VFMV Calmar Ratio Rank: 47
VFMV Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AOM vs. VFMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Moderate Allocation ETF (AOM) and Vanguard U.S. Minimum Volatility ETF (VFMV). 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	VFMV	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.41	+0.46
Sortino ratio: Return per unit of downside risk	2.70	2.05	+0.65
Omega ratio: Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio: Return relative to maximum drawdown	2.52	2.07	+0.45
Martin ratio: Return relative to average drawdown	10.84	8.03	+2.81

AOM vs. VFMV - Sharpe Ratio Comparison

The current AOM Sharpe Ratio is 1.87, which is higher than the VFMV Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of AOM and VFMV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AOM vs. VFMV - Drawdown Comparison

The maximum AOM drawdown since its inception was -19.96%, smaller than the maximum VFMV drawdown of -33.64%. Use the drawdown chart below to compare losses from any high point for AOM and VFMV.

Drawdown Indicators

	AOM	VFMV	Difference
Max Drawdown Largest peak-to-trough decline	-19.96%	-33.64%	+13.68%
Max Drawdown (1Y) Largest decline over 1 year	-5.11%	-6.00%	+0.89%
Max Drawdown (3Y) Largest decline over 3 years	-6.85%	-10.35%	+3.50%
Max Drawdown (5Y) Largest decline over 5 years	-19.96%	-15.41%	-4.55%
Max Drawdown (10Y) Largest decline over 10 years	-19.96%	—	—
Current Drawdown Current decline from peak	-0.70%	-0.98%	+0.28%
Average Drawdown Average peak-to-trough decline	-2.70%	-3.63%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	1.55%	-0.36%

Volatility

AOM vs. VFMV - Volatility Comparison

iShares Core Moderate Allocation ETF (AOM) has a higher volatility of 2.82% compared to Vanguard U.S. Minimum Volatility ETF (VFMV) at 2.30%. This indicates that AOM's price experiences larger fluctuations and is considered to be riskier than VFMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AOM	VFMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	2.30%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	5.63%	6.32%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	6.90%	8.83%	-1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.19%	11.75%	-3.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.96%	14.23%	-6.27%

AOM vs. VFMV - Expense Ratio Comparison

AOM has a 0.25% expense ratio, which is higher than VFMV's 0.13% 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. VFMV - Dividend Comparison

AOM's dividend yield for the trailing twelve months is around 2.99%, more than VFMV's 1.93% 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%
VFMV Vanguard U.S. Minimum Volatility ETF	1.93%	2.12%	1.46%	2.20%	2.08%	1.31%	2.14%	2.43%	2.29%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AOM and VFMV in my portfolio?

AOM and VFMV 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.

Which is riskier, AOM or VFMV?

AOM has higher volatility (2.82%) compared to VFMV (2.30%). In terms of maximum drawdown, AOM dropped -19.96% vs VFMV's -33.64%.

Which ETF is better, AOM or VFMV?

On 5-year performance, VFMV leads with 9.55% vs 4.66% for AOM. On fees, VFMV is cheaper at 0.13% per year. On volatility, VFMV has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AOM or VFMV?

Over the 5-year period, VFMV has performed better with a 9.55% return vs 4.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AOM or VFMV?

VFMV is cheaper with a 0.13% expense ratio, compared with 0.25% for AOM.

Which ETF pays a higher dividend yield, AOM or VFMV?

AOM has the higher dividend yield at 2.99%, compared with 1.93% for VFMV.

What is the main difference between AOM and VFMV?

AOM is categorized as Diversified Portfolio, while VFMV is Mid Cap Blend Equities. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for AOM and 0.13% for VFMV.

Which has better risk-adjusted returns?

AOM currently has the higher Sharpe Ratio (1.87 vs 1.41), 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.