DWUS vs. AOR
DWUS (AdvisorShares Dorsey Wright FSM US Core ETF) and AOR (iShares Core 60/40 Balanced Allocation ETF) are both Diversified Portfolio funds. DWUS is actively managed, while AOR is passively managed. Over the past 5 years, DWUS returned 11.04%/yr vs 6.73%/yr for AOR. A 0.80 correlation means they provide meaningful diversification when combined. DWUS charges 1.17%/yr vs 0.15%/yr for AOR.
Performance
DWUS vs. AOR - Performance Comparison
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Returns By Period
In the year-to-date period, DWUS achieves a 12.79% return, which is significantly higher than AOR's 6.43% return.
DWUS
- 1D
- -0.60%
- 1M
- 1.91%
- YTD
- 12.79%
- 6M
- 10.79%
- 1Y
- 21.39%
- 3Y*
- 19.66%
- 5Y*
- 11.04%
- 10Y*
- —
AOR
- 1D
- 0.12%
- 1M
- 0.10%
- YTD
- 6.43%
- 6M
- 5.78%
- 1Y
- 16.24%
- 3Y*
- 13.63%
- 5Y*
- 6.73%
- 10Y*
- 8.56%
DWUS vs. AOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DWUS AdvisorShares Dorsey Wright FSM US Core ETF | 12.79% | 12.75% | 20.26% | 20.62% | -17.89% | 20.21% | 35.99% | 9.39% |
AOR iShares Core 60/40 Balanced Allocation ETF | 6.43% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | -0.06% |
Correlation
The correlation between DWUS and AOR is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Dec 27, 2019 | 0.80 |
The correlation between DWUS and AOR has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.
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Return for Risk
DWUS vs. AOR — Risk / Return Rank
DWUS
AOR
DWUS vs. AOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) and iShares Core 60/40 Balanced Allocation ETF (AOR). 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.
| DWUS | AOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.34 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 2.46 | -0.66 |
| Martin ratioReturn relative to average drawdown | 6.56 | 10.51 | -3.95 |
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Drawdowns
DWUS vs. AOR - Drawdown Comparison
The maximum DWUS drawdown since its inception was -30.47%, which is greater than AOR's maximum drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for DWUS and AOR.
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Drawdown Indicators
| DWUS | AOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.47% | -24.44% | -6.03% |
Max Drawdown (1Y)Largest decline over 1 year | -11.98% | -6.64% | -5.34% |
Max Drawdown (3Y)Largest decline over 3 years | -19.63% | -9.77% | -9.86% |
Max Drawdown (5Y)Largest decline over 5 years | -26.45% | -21.72% | -4.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.95% | — |
Current DrawdownCurrent decline from peak | -4.37% | -1.42% | -2.95% |
Average DrawdownAverage peak-to-trough decline | -6.82% | -3.47% | -3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 1.55% | +1.72% |
Volatility
DWUS vs. AOR - Volatility Comparison
AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) has a higher volatility of 10.07% compared to iShares Core 60/40 Balanced Allocation ETF (AOR) at 3.61%. This indicates that DWUS's price experiences larger fluctuations and is considered to be riskier than AOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DWUS | AOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 3.61% | +6.46% |
Volatility (6M)Calculated over the trailing 6-month period | 15.16% | 7.48% | +7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.98% | 8.95% | +9.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.14% | 10.64% | +8.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.40% | 10.66% | +11.74% |
DWUS vs. AOR - Expense Ratio Comparison
DWUS has a 1.17% expense ratio, which is higher than AOR's 0.15% expense ratio.
Dividends
DWUS vs. AOR - Dividend Comparison
DWUS's dividend yield for the trailing twelve months is around 0.03%, less than AOR's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 2.49% | 2.55% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% |
DWUS AdvisorShares Dorsey Wright FSM US Core ETF | 0.03% | 0.03% | 0.18% | 0.29% | 0.89% | 0.35% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DWUS and AOR have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DWUS has higher volatility (10.07%) compared to AOR (3.61%). In terms of maximum drawdown, DWUS dropped -30.47% vs AOR's -24.44%.
On 5-year performance, DWUS leads with 11.04% vs 6.73% for AOR. On fees, AOR is cheaper at 0.15% per year. On volatility, AOR has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DWUS has performed better with a 11.04% return vs 6.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOR is cheaper with a 0.15% expense ratio, compared with 1.17% for DWUS.
AOR has the higher dividend yield at 2.49%, compared with 0.03% for DWUS.
They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 1.17% for DWUS and 0.15% for AOR.
AOR currently has the higher Sharpe Ratio (1.83 vs 1.20), 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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