AOR vs. ASET

Last updated Jul 14, 2026

AOR (iShares Core 60/40 Balanced Allocation ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds - AOR tracks the S&P Target Risk Growth Index while ASET tracks the Northern Trust Real Assets Allocation Total Return. Both are passively managed. AOR charges 0.15%/yr vs 0.57%/yr for ASET.

Performance

AOR vs. ASET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core 60/40 Balanced Allocation ETF (AOR) and FlexShares Real Assets Allocation Index Fund (ASET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AOR

• 1D: -0.85%
• 1M: -0.13%
• 6M: 4.76%
• YTD: 6.69%
• 1Y: 15.13%
• 3Y*: 12.84%
• 5Y*: 6.60%
• 10Y*: 8.14%

ASET

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AOR vs. ASET - Yearly Performance Comparison

	2026 (YTD)
AOR iShares Core 60/40 Balanced Allocation ETF	5.33%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

Return for Risk

AOR vs. ASET — Risk / Return Rank

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

AOR

AOR Risk / Return Rank: 64
AOR Sharpe Ratio Rank: 65
AOR Sortino Ratio Rank: 66
AOR Omega Ratio Rank: 66
AOR Calmar Ratio Rank: 57
AOR Martin Ratio Rank: 68

ASET

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

AOR vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core 60/40 Balanced Allocation ETF (AOR) and FlexShares Real Assets Allocation Index Fund (ASET). 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.

	AOR	ASET	Difference
Sharpe ratio: Return per unit of total volatility	1.69	—	—
Sortino ratio: Return per unit of downside risk	2.41	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.29	—	—
Martin ratio: Return relative to average drawdown	9.74	—	—

Drawdowns

AOR vs. ASET - Drawdown Comparison

The maximum AOR drawdown since its inception was -24.44%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AOR and ASET.

Drawdown Indicators

	AOR	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-24.44%	0.00%	-24.44%
Max Drawdown (1Y) Largest decline over 1 year	-6.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.72%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.95%	—	—
Current Drawdown Current decline from peak	-1.17%	0.00%	-1.17%
Average Drawdown Average peak-to-trough decline	-3.46%	0.00%	-3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	—	—

Volatility

Volatility by Period

	AOR	ASET	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.99%	0.00%	+8.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.66%	0.00%	+10.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.64%	0.00%	+10.64%

AOR vs. ASET - Expense Ratio Comparison

AOR has a 0.15% expense ratio, which is lower than ASET's 0.57% expense ratio.

Dividends

AOR vs. ASET - Dividend Comparison

AOR's dividend yield for the trailing twelve months is around 2.58%, while ASET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOR iShares Core 60/40 Balanced Allocation ETF	2.58%	2.55%	2.66%	2.50%	2.12%	1.64%	1.89%	2.56%	2.49%	4.51%	2.16%	2.12%
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, AOR or ASET?

On fees, AOR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AOR or ASET?

AOR is cheaper with a 0.15% expense ratio, compared with 0.57% for ASET.

Which ETF pays a higher dividend yield, AOR or ASET?

AOR has the higher dividend yield at 2.58%, compared with 0.00% for ASET.

What is the main difference between AOR and ASET?

AOR tracks S&P Target Risk Growth Index, while ASET tracks Northern Trust Real Assets Allocation Total Return. They also come from different issuers: iShares and Northern Trust. Their fees differ too: 0.15% for AOR and 0.57% for ASET.