AOR vs. VTV
AOR (iShares Core 60/40 Balanced Allocation ETF) and VTV (Vanguard Value ETF) are both exchange-traded funds - AOR is a Diversified Portfolio fund tracking the S&P Target Risk Growth Index, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Both are passively managed. Over the past 10 years, AOR returned 8.14%/yr vs 12.33%/yr for VTV. Their correlation of 0.83 suggests significant overlap in exposure. AOR charges 0.15%/yr vs 0.04%/yr for VTV.
Performance
AOR vs. VTV - Performance Comparison
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Returns By Period
In the year-to-date period, AOR achieves a 6.86% return, which is significantly lower than VTV's 15.67% return. Over the past 10 years, AOR has underperformed VTV with an annualized return of 8.14%, while VTV has yielded a comparatively higher 12.33% annualized return.
AOR
- 1D
- 0.63%
- 1M
- -0.89%
- 6M
- 6.37%
- YTD
- 6.86%
- 1Y
- 14.64%
- 3Y*
- 12.82%
- 5Y*
- 6.68%
- 10Y*
- 8.14%
- ALL TIME*
- 8.69%
VTV
- 1D
- 0.77%
- 1M
- 1.48%
- 6M
- 12.87%
- YTD
- 15.67%
- 1Y
- 25.79%
- 3Y*
- 16.95%
- 5Y*
- 12.37%
- 10Y*
- 12.33%
- ALL TIME*
- 9.65%
AOR vs. VTV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 6.86% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 18.91% | -5.82% | 15.80% |
VTV Vanguard Value ETF | 15.67% | 15.27% | 15.95% | 9.32% | -2.09% | 26.53% | 2.33% | 25.66% | -5.47% | 17.15% |
Correlation
The correlation between AOR and VTV is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2008 | 0.83 |
The correlation between AOR and VTV shifts across timeframes, from 0.69 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AOR vs. VTV — Risk / Return Rank
AOR
VTV
AOR vs. VTV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 60/40 Balanced Allocation ETF (AOR) and Vanguard Value ETF (VTV). 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 | VTV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.45 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 4.08 | -1.87 |
| Martin ratioReturn relative to average drawdown | 9.38 | 15.45 | -6.07 |
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Drawdowns
AOR vs. VTV - Drawdown Comparison
The maximum AOR drawdown since its inception was -24.44%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for AOR and VTV.
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Drawdown Indicators
| AOR | VTV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.44% | -59.27% | +34.83% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -6.35% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -9.77% | -14.52% | +4.75% |
Max Drawdown (5Y)Largest decline over 5 years | -21.72% | -17.04% | -4.68% |
Max Drawdown (10Y)Largest decline over 10 years | -22.95% | -36.78% | +13.83% |
Current DrawdownCurrent decline from peak | -1.01% | -0.43% | -0.58% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -7.83% | +4.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.67% | -0.10% |
Volatility
AOR vs. VTV - Volatility Comparison
The current volatility for iShares Core 60/40 Balanced Allocation ETF (AOR) is 2.49%, while Vanguard Value ETF (VTV) has a volatility of 2.68%. This indicates that AOR experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AOR | VTV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 2.68% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | 7.82% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.03% | 10.33% | -1.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.65% | 13.82% | -3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.65% | 16.61% | -5.96% |
AOR vs. VTV - Expense Ratio Comparison
AOR has a 0.15% expense ratio, which is higher than VTV's 0.04% 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
AOR vs. VTV - Dividend Comparison
AOR's dividend yield for the trailing twelve months is around 2.58%, more than VTV's 1.87% yield.
| 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% |
VTV Vanguard Value ETF | 1.87% | 2.05% | 2.31% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% |
Frequently Asked Questions
AOR and VTV have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTV has higher volatility (2.68%) compared to AOR (2.49%). In terms of maximum drawdown, AOR dropped -24.44% vs VTV's -59.27%.
On 10-year performance, VTV leads with 12.33% vs 8.14% for AOR. On fees, VTV is cheaper at 0.04% per year. On volatility, AOR has been the lower-risk option at 2.49%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VTV has performed better with a 12.33% return vs 8.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTV is cheaper with a 0.04% expense ratio, compared with 0.15% for AOR.
AOR has the higher dividend yield at 2.58%, compared with 1.87% for VTV.
AOR is categorized as Diversified Portfolio, while VTV is Large Cap Value Equities. AOR tracks S&P Target Risk Growth Index, while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.15% for AOR and 0.04% for VTV.
VTV currently has the higher Sharpe Ratio (2.51 vs 1.63), 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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