AVMA vs. EAOA
AVMA (Avantis Moderate Allocation ETF) and EAOA (iShares ESG Aware Aggressive Allocation ETF) are both Diversified Portfolio funds. AVMA is actively managed, while EAOA is passively managed. Over the past 3 years, AVMA returned 14.53%/yr vs 15.49%/yr for EAOA. With a 0.95 correlation, they move nearly in lockstep. AVMA charges 0.21%/yr vs 0.18%/yr for EAOA.
Performance
AVMA vs. EAOA - Performance Comparison
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Returns By Period
In the year-to-date period, AVMA achieves a 10.31% return, which is significantly higher than EAOA's 9.28% return.
AVMA
- 1D
- -0.61%
- 1M
- -0.39%
- 6M
- 7.65%
- YTD
- 10.31%
- 1Y
- 19.54%
- 3Y*
- 14.53%
- 5Y*
- —
- 10Y*
- —
EAOA
- 1D
- -0.98%
- 1M
- 0.25%
- 6M
- 6.85%
- YTD
- 9.28%
- 1Y
- 19.39%
- 3Y*
- 15.49%
- 5Y*
- 8.14%
- 10Y*
- —
AVMA vs. EAOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AVMA Avantis Moderate Allocation ETF | 10.31% | 16.72% | 10.01% | 8.36% |
EAOA iShares ESG Aware Aggressive Allocation ETF | 9.28% | 18.41% | 13.79% | 7.29% |
Correlation
The correlation between AVMA and EAOA is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023 | 0.95 |
The correlation between AVMA and EAOA has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.
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Return for Risk
AVMA vs. EAOA — Risk / Return Rank
AVMA
EAOA
AVMA vs. EAOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Moderate Allocation ETF (AVMA) and iShares ESG Aware Aggressive Allocation ETF (EAOA). 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.
| AVMA | EAOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.31 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 2.38 | +0.68 |
| Martin ratioReturn relative to average drawdown | 12.78 | 10.21 | +2.57 |
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Drawdowns
AVMA vs. EAOA - Drawdown Comparison
The maximum AVMA drawdown since its inception was -11.81%, smaller than the maximum EAOA drawdown of -25.06%. Use the drawdown chart below to compare losses from any high point for AVMA and EAOA.
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Drawdown Indicators
| AVMA | EAOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.81% | -25.06% | +13.25% |
Max Drawdown (1Y)Largest decline over 1 year | -6.40% | -8.17% | +1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -11.81% | -13.84% | +2.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.06% | — |
Current DrawdownCurrent decline from peak | -1.04% | -1.30% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -1.53% | -5.24% | +3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 1.90% | -0.37% |
Volatility
AVMA vs. EAOA - Volatility Comparison
The current volatility for Avantis Moderate Allocation ETF (AVMA) is 2.94%, while iShares ESG Aware Aggressive Allocation ETF (EAOA) has a volatility of 3.85%. This indicates that AVMA experiences smaller price fluctuations and is considered to be less risky than EAOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVMA | EAOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 3.85% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 7.64% | 9.63% | -1.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.40% | 11.49% | -2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.31% | 13.37% | -3.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.31% | 13.17% | -2.86% |
AVMA vs. EAOA - Expense Ratio Comparison
AVMA has a 0.21% expense ratio, which is higher than EAOA's 0.18% 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
AVMA vs. EAOA - Dividend Comparison
AVMA's dividend yield for the trailing twelve months is around 2.02%, which matches EAOA's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
AVMA Avantis Moderate Allocation ETF | 2.02% | 2.21% | 2.28% | 1.11% | 0.00% | 0.00% | 0.00% |
EAOA iShares ESG Aware Aggressive Allocation ETF | 2.00% | 2.10% | 2.09% | 2.21% | 1.93% | 1.48% | 1.12% |
Frequently Asked Questions
With a correlation of 0.95, AVMA and EAOA 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.
EAOA has higher volatility (3.85%) compared to AVMA (2.94%). In terms of maximum drawdown, AVMA dropped -11.81% vs EAOA's -25.06%.
On 3-year performance, EAOA leads with 15.49% vs 14.53% for AVMA. On fees, EAOA is cheaper at 0.18% per year. On volatility, AVMA has been the lower-risk option at 2.94%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EAOA has performed better with a 15.49% return vs 14.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EAOA is cheaper with a 0.18% expense ratio, compared with 0.21% for AVMA.
AVMA has the higher dividend yield at 2.02%, compared with 2.00% for EAOA.
They also come from different issuers: Avantis and iShares. Their fees differ too: 0.21% for AVMA and 0.18% for EAOA.
AVMA currently has the higher Sharpe Ratio (2.09 vs 1.70), 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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