PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
AOM vs. VWENX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AOM vs. VWENX

Last updated Jun 13, 2026

AOM (iShares Core Moderate Allocation ETF) and VWENX (Vanguard Wellington Fund Admiral Shares) are both Diversified Portfolio funds. AOM is passively managed, while VWENX is actively managed. Over the past 10 years, AOM returned 6.31%/yr vs 10.13%/yr for VWENX. Their correlation of 0.85 suggests significant overlap in exposure. AOM charges 0.25%/yr vs 0.16%/yr for VWENX.

Performance

AOM vs. VWENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core Moderate Allocation ETF (AOM) and Vanguard Wellington Fund Admiral Shares (VWENX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, AOM achieves a 4.75% return, which is significantly lower than VWENX's 5.10% return. Over the past 10 years, AOM has underperformed VWENX with an annualized return of 6.31%, while VWENX has yielded a comparatively higher 10.13% 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%

VWENX

1D
1.32%
1M
-0.63%
YTD
5.10%
6M
5.87%
1Y
17.34%
3Y*
14.75%
5Y*
8.43%
10Y*
10.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AOM vs. VWENX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
VWENX
Vanguard Wellington Fund Admiral Shares		5.10%16.63%14.82%14.40%-14.31%19.09%10.66%22.61%-3.35%14.05%

Correlation

The correlation between AOM and VWENX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.89

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (10Y)
Calculated over the trailing 10-year period

0.87

Correlation (All Time)
Calculated using the full available price history since Nov 11, 2008

0.85

The correlation between AOM and VWENX has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

AOM vs. VWENX - Sectors Allocation Comparison

Sectors
AOM
VWENX

Technology

27.9%
31.8%

Financial Services

16.1%
10.6%

Industrials

11.9%
8.5%

Consumer Cyclical

9.5%
10.9%

Communication Services

8.1%
12.3%

Healthcare

8.0%
9.8%

Consumer Defensive

5.0%
4.4%

Energy

4.3%
4.4%

Basic Materials

4.2%
2.1%

Utilities

2.7%
2.5%

Real Estate

2.4%
2.6%

Technology

AOM
27.9%
VWENX
31.8%

Financial Services

AOM
16.1%
VWENX
10.6%

Industrials

AOM
11.9%
VWENX
8.5%

Consumer Cyclical

AOM
9.5%
VWENX
10.9%

Communication Services

AOM
8.1%
VWENX
12.3%

Healthcare

AOM
8.0%
VWENX
9.8%

Consumer Defensive

AOM
5.0%
VWENX
4.4%

Energy

AOM
4.3%
VWENX
4.4%

Basic Materials

AOM
4.2%
VWENX
2.1%

Utilities

AOM
2.7%
VWENX
2.5%

Real Estate

AOM
2.4%
VWENX
2.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core Moderate Allocation ETF

Vanguard Wellington Fund Admiral Shares

Often compared with AOM:
AOM vs. AORAOM vs. AOKAOM vs. AOAAOM vs. VSMGXAOM vs. VOOAOM vs. VSCGXAOM vs. ABALX
Often compared with VWENX:
VWENX vs. VWELXVWENX vs. VWIAXVWENX vs. VWINXVWENX vs. VGWAXVWENX vs. VTSAXVWENX vs. SWOBXVWENX vs. SPY

Return for Risk

AOM vs. VWENX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AOM
AOM Risk / Return Rank: 6666
Overall Rank
AOM Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
AOM Sortino Ratio Rank: 6969
Sortino Ratio Rank
AOM Omega Ratio Rank: 6868
Omega Ratio Rank
AOM Calmar Ratio Rank: 5858
Calmar Ratio Rank
AOM Martin Ratio Rank: 6868
Martin Ratio Rank
VWENX
VWENX Risk / Return Rank: 7474
Overall Rank
VWENX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
VWENX Sortino Ratio Rank: 7272
Sortino Ratio Rank
VWENX Omega Ratio Rank: 7373
Omega Ratio Rank
VWENX Calmar Ratio Rank: 7070
Calmar Ratio Rank
VWENX Martin Ratio Rank: 8181
Martin Ratio Rank
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. VWENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Moderate Allocation ETF (AOM) and Vanguard Wellington Fund Admiral Shares (VWENX). 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.

AOMVWENXDifference
Sharpe ratioReturn per unit of total volatility
1.87
2.02

-0.15

Sortino ratioReturn per unit of downside risk
2.70
2.80

-0.11

Omega ratioGain probability vs. loss probability

1.35

1.38

-0.03

Calmar ratioReturn relative to maximum drawdown

2.52

2.64

-0.12

Martin ratioReturn relative to average drawdown

10.84

11.92

-1.08

AOM vs. VWENX - Sharpe Ratio Comparison

The current AOM Sharpe Ratio is 1.87, which is comparable to the VWENX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of AOM and VWENX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

AOM vs. VWENX - Drawdown Comparison

The maximum AOM drawdown since its inception was -19.96%, smaller than the maximum VWENX drawdown of -36.02%. Use the drawdown chart below to compare losses from any high point for AOM and VWENX.

Loading charts...

Drawdown Indicators

AOMVWENXDifference

Max Drawdown

Largest peak-to-trough decline

-19.96%

-36.02%

+16.06%

Max Drawdown (1Y)

Largest decline over 1 year

-5.11%

-6.77%

+1.66%

Max Drawdown (3Y)

Largest decline over 3 years

-6.85%

-11.98%

+5.13%

Max Drawdown (5Y)

Largest decline over 5 years

-19.96%

-20.84%

+0.88%

Max Drawdown (10Y)

Largest decline over 10 years

-19.96%

-25.33%

+5.37%

Current Drawdown

Current decline from peak

-0.70%

-1.92%

+1.22%

Average Drawdown

Average peak-to-trough decline

-2.70%

-4.35%

+1.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.19%

1.50%

-0.31%

Volatility

AOM vs. VWENX - Volatility Comparison

The current volatility for iShares Core Moderate Allocation ETF (AOM) is 2.82%, while Vanguard Wellington Fund Admiral Shares (VWENX) has a volatility of 3.50%. This indicates that AOM experiences smaller price fluctuations and is considered to be less risky than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

AOMVWENXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.82%

3.50%

-0.68%

Volatility (6M)

Calculated over the trailing 6-month period

5.63%

7.21%

-1.58%

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%

11.20%

-3.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.96%

11.56%

-3.60%

AOM vs. VWENX - Expense Ratio Comparison

AOM has a 0.25% expense ratio, which is higher than VWENX's 0.16% 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. VWENX - Dividend Comparison

AOM's dividend yield for the trailing twelve months is around 2.99%, less than VWENX's 11.05% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
VWENX
Vanguard Wellington Fund Admiral Shares		11.05%11.55%10.85%6.08%8.28%8.72%7.85%4.74%9.58%5.88%4.53%6.58%

Frequently Asked Questions

With a correlation of 0.90, AOM and VWENX 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.

VWENX has higher volatility (3.50%) compared to AOM (2.82%). In terms of maximum drawdown, AOM dropped -19.96% vs VWENX's -36.02%.

VWENX currently has the higher Sharpe Ratio (2.02 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.

Portfolio Optimizer

Find the right allocation for AOM and VWENX

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