AOR vs. BTC-USD
AOR (iShares Core 60/40 Balanced Allocation ETF) is Diversified Portfolio fund tracking the S&P Target Risk Growth Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, AOR returned 8.29%/yr vs 59.68%/yr for BTC-USD. At a 0.13 correlation, their price movements are largely independent.
Performance
AOR vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, AOR achieves a 5.83% return, which is significantly higher than BTC-USD's -28.54% return. Over the past 10 years, AOR has underperformed BTC-USD with an annualized return of 8.29%, while BTC-USD has yielded a comparatively higher 59.68% annualized return.
AOR
- 1D
- 0.28%
- 1M
- -0.54%
- YTD
- 5.83%
- 6M
- 6.57%
- 1Y
- 17.08%
- 3Y*
- 13.55%
- 5Y*
- 6.66%
- 10Y*
- 8.29%
BTC-USD
- 1D
- -1.22%
- 1M
- -22.47%
- YTD
- -28.54%
- 6M
- -31.02%
- 1Y
- -40.89%
- 3Y*
- 33.16%
- 5Y*
- 10.82%
- 10Y*
- 59.68%
AOR vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 5.83% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 18.91% | -5.82% | 15.80% |
BTC-USD Bitcoin | -28.54% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between AOR and BTC-USD is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2012 | 0.13 |
Over the past year, AOR and BTC-USD have become more correlated (0.38) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
AOR vs. BTC-USD — Risk / Return Rank
AOR
BTC-USD
AOR vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 60/40 Balanced Allocation ETF (AOR) and Bitcoin (BTC-USD). 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.
| AOR | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.94 | ||
| Sortino ratioReturn per unit of downside risk | +4.13 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.86 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | -0.80 | +3.38 |
| Martin ratioReturn relative to average drawdown | 11.20 | -1.42 | +12.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AOR | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | -0.95 | +2.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.20 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.87 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 1.13 | -0.45 |
Drawdowns
AOR vs. BTC-USD - Drawdown Comparison
The maximum AOR drawdown since its inception was -24.44%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for AOR and BTC-USD.
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Drawdown Indicators
| AOR | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.44% | -85.30% | +60.86% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -51.21% | +44.57% |
Max Drawdown (3Y)Largest decline over 3 years | -9.77% | -51.21% | +41.44% |
Max Drawdown (5Y)Largest decline over 5 years | -21.72% | -76.67% | +54.95% |
Max Drawdown (10Y)Largest decline over 10 years | -22.95% | -83.80% | +60.85% |
Current DrawdownCurrent decline from peak | -1.98% | -49.86% | +47.88% |
Average DrawdownAverage peak-to-trough decline | -3.47% | -42.32% | +38.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 34.46% | -32.93% |
Volatility
AOR vs. BTC-USD - Volatility Comparison
The current volatility for iShares Core 60/40 Balanced Allocation ETF (AOR) is 3.07%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that AOR experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AOR | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.07% | 11.59% | -8.52% |
Volatility (6M)Calculated over the trailing 6-month period | 7.11% | 34.53% | -27.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.67% | 35.67% | -27.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.59% | 44.95% | -34.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.69% | 56.71% | -46.02% |
Frequently Asked Questions
AOR and BTC-USD have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (11.59%) compared to AOR (3.07%). In terms of maximum drawdown, AOR dropped -24.44% vs BTC-USD's -85.30%.
AOR currently has the higher Sharpe Ratio (1.98 vs -0.95), 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.
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