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AOR vs. YCS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AOR vs. YCS

Last updated Jun 3, 2026

AOR (iShares Core Growth Allocation ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - AOR is a Diversified Portfolio fund tracking the S&P Target Risk Growth Index, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). Both are passively managed. Over the past 10 years, AOR returned 8.46%/yr vs 12.32%/yr for YCS. At a 0.07 correlation, their price movements are largely independent. AOR charges 0.25%/yr vs 1.00%/yr for YCS.

Performance

AOR vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core Growth Allocation ETF (AOR) and ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AOR achieves a 7.96% return, which is significantly higher than YCS's 6.99% return. Over the past 10 years, AOR has underperformed YCS with an annualized return of 8.46%, while YCS has yielded a comparatively higher 12.32% annualized return.

AOR

1D
0.22%
1M
3.07%
YTD
7.96%
6M
8.80%
1Y
20.12%
3Y*
14.41%
5Y*
7.20%
10Y*
8.46%

YCS

1D
0.03%
1M
4.27%
YTD
6.99%
6M
8.81%
1Y
35.19%
3Y*
19.77%
5Y*
23.16%
10Y*
12.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AOR vs. YCS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AOR
iShares Core Growth Allocation ETF		7.96%16.44%10.68%15.75%-15.64%11.19%11.42%18.91%-5.82%15.80%
YCS
ProShares UltraShort Yen		6.99%9.04%35.41%28.70%29.09%22.38%-11.18%3.37%-1.49%-6.57%

Correlation

The correlation between AOR and YCS is -0.35, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.35

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

-0.21

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

-0.19

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

-0.05

Correlation (All Time)
Calculated using the full available price history since Nov 26, 2008

0.07

The correlation between AOR and YCS shifts across timeframes, from -0.35 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

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 Growth Allocation ETF

ProShares UltraShort Yen

Often compared with AOR:
AOR vs. AOAAOR vs. AOMAOR vs. VOOAOR vs. FFNOXAOR vs. SPYAOR vs. SCHDAOR vs. GAL
Often compared with YCS:
YCS vs. YCLYCS vs. JPYUSD=XYCS vs. PFIXYCS vs. TBTYCS vs. UUPYCS vs. BCSFYCS vs. SPY

Return for Risk

AOR vs. YCS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AOR
AOR Risk / Return Rank: 7171
Overall Rank
AOR Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
AOR Sortino Ratio Rank: 7575
Sortino Ratio Rank
AOR Omega Ratio Rank: 7575
Omega Ratio Rank
AOR Calmar Ratio Rank: 6161
Calmar Ratio Rank
AOR Martin Ratio Rank: 7171
Martin Ratio Rank
YCS
YCS Risk / Return Rank: 6363
Overall Rank
YCS Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
YCS Sortino Ratio Rank: 5353
Sortino Ratio Rank
YCS Omega Ratio Rank: 6060
Omega Ratio Rank
YCS Calmar Ratio Rank: 7777
Calmar Ratio Rank
YCS Martin Ratio Rank: 6666
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.

AOR vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Growth Allocation ETF (AOR) and ProShares UltraShort Yen (YCS). 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.

AORYCSDifference

Sharpe ratio

Return per unit of total volatility

2.41

2.05

+0.36

Sortino ratio

Return per unit of downside risk

3.43

2.59

+0.84

Omega ratio

Gain probability vs. loss probability

1.45

1.37

+0.08

Calmar ratio

Return relative to maximum drawdown

3.08

3.95

-0.87

Martin ratio

Return relative to average drawdown

13.48

12.35

+1.14

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AOR vs. YCS - Sharpe Ratio Comparison

The current AOR Sharpe Ratio is 2.41, which is comparable to the YCS Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of AOR and YCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AORYCSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.41

2.05

+0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

1.10

-0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.80

0.65

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.33

+0.36

Drawdowns

AOR vs. YCS - Drawdown Comparison

The maximum AOR drawdown since its inception was -24.44%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for AOR and YCS.

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Drawdown Indicators

AORYCSDifference

Max Drawdown

Largest peak-to-trough decline

-24.44%

-49.56%

+25.12%

Max Drawdown (1Y)

Largest decline over 1 year

-6.64%

-8.30%

+1.66%

Max Drawdown (3Y)

Largest decline over 3 years

-9.77%

-23.05%

+13.28%

Max Drawdown (5Y)

Largest decline over 5 years

-21.72%

-27.32%

+5.60%

Max Drawdown (10Y)

Largest decline over 10 years

-22.95%

-27.32%

+4.37%

Current Drawdown

Current decline from peak

0.00%

-0.04%

+0.04%

Average Drawdown

Average peak-to-trough decline

-3.48%

-19.94%

+16.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.52%

2.66%

-1.14%

Volatility

AOR vs. YCS - Volatility Comparison

iShares Core Growth Allocation ETF (AOR) and ProShares UltraShort Yen (YCS) have volatilities of 2.70% and 2.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AORYCSDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.70%

2.75%

-0.05%

Volatility (6M)

Calculated over the trailing 6-month period

6.81%

12.36%

-5.55%

Volatility (1Y)

Calculated over the trailing 1-year period

8.40%

17.38%

-8.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.55%

21.11%

-10.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.67%

19.02%

-8.35%

AOR vs. YCS - Expense Ratio Comparison

AOR has a 0.25% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

AOR vs. YCS - Dividend Comparison

AOR's dividend yield for the trailing twelve months is around 2.46%, while YCS has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
AOR
iShares Core Growth Allocation ETF		2.46%2.55%2.66%2.50%2.12%1.64%1.89%2.56%2.49%4.51%2.16%2.12%
YCS
ProShares UltraShort Yen		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

AOR and YCS have a correlation of -0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

YCS has higher volatility (2.75%) compared to AOR (2.70%). In terms of maximum drawdown, AOR dropped -24.44% vs YCS's -49.56%.

On 10-year performance, YCS leads with 12.32% vs 8.46% for AOR. On fees, AOR is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, YCS has performed better with a 12.32% return vs 8.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AOR is cheaper with a 0.25% expense ratio, compared with 1.00% for YCS.

AOR has the higher dividend yield at 2.46%, compared with 0.00% for YCS.

AOR is categorized as Diversified Portfolio, while YCS is Leveraged Currency. AOR tracks S&P Target Risk Growth Index, while YCS tracks USD/JPY Exchange Rate (-200%). They also come from different issuers: iShares and ProShares. Their fees differ too: 0.25% for AOR and 1.00% for YCS.

AOR currently has the higher Sharpe Ratio (2.41 vs 2.05), 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

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