EAOA vs. AOM

Last updated Jun 5, 2026

EAOA (iShares ESG Aware Aggressive Allocation ETF) and AOM (iShares Core Moderate Allocation ETF) are both Diversified Portfolio funds from iShares - EAOA tracks the BlackRock ESG Aware Aggressive Allocation Index while AOM tracks the S&P Target Risk Moderate. Both are passively managed. Over the past 5 years, EAOA returned 8.58%/yr vs 4.85%/yr for AOM. Their correlation of 0.91 suggests significant overlap in exposure. EAOA charges 0.18%/yr vs 0.25%/yr for AOM.

Performance

EAOA vs. AOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Aware Aggressive Allocation ETF (EAOA) and iShares Core Moderate Allocation ETF (AOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EAOA achieves a 10.26% return, which is significantly higher than AOM's 5.23% return.

EAOA

• 1D: 0.30%
• 1M: 3.78%
• YTD: 10.26%
• 6M: 10.73%
• 1Y: 24.34%
• 3Y*: 17.42%
• 5Y*: 8.58%
• 10Y*: —

AOM

• 1D: 0.22%
• 1M: 1.82%
• YTD: 5.23%
• 6M: 5.63%
• 1Y: 14.30%
• 3Y*: 11.03%
• 5Y*: 4.85%
• 10Y*: 6.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EAOA vs. AOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EAOA iShares ESG Aware Aggressive Allocation ETF	10.26%	18.41%	13.79%	18.27%	-17.76%	14.52%	19.79%
AOM iShares Core Moderate Allocation ETF	5.23%	13.28%	7.95%	12.38%	-14.54%	6.93%	9.94%

Correlation

The correlation between EAOA and AOM is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jun 19, 2020	0.91

The correlation between EAOA and AOM has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

EAOA vs. AOM - Sectors Allocation Comparison

Sectors	EAOA	AOM
Technology	28.9%	27.9%
Financial Services	13.5%	16.1%
Industrials	9.0%	11.9%
Consumer Cyclical	7.7%	9.5%
Communication Services	7.3%	8.1%
Healthcare	6.8%	8.0%
Consumer Defensive	3.7%	5.0%
Energy	3.0%	4.3%
Basic Materials	2.4%	4.2%
Utilities	2.3%	2.7%
Real Estate	1.6%	2.4%

Return for Risk

EAOA vs. AOM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EAOA

EAOA Risk / Return Rank: 69
EAOA Sharpe Ratio Rank: 71
EAOA Sortino Ratio Rank: 72
EAOA Omega Ratio Rank: 71
EAOA Calmar Ratio Rank: 61
EAOA Martin Ratio Rank: 72

AOM

AOM Risk / Return Rank: 67
AOM Sharpe Ratio Rank: 68
AOM Sortino Ratio Rank: 72
AOM Omega Ratio Rank: 70
AOM Calmar Ratio Rank: 58
AOM Martin Ratio Rank: 67

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.

EAOA vs. AOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Aggressive Allocation ETF (EAOA) and iShares Core Moderate Allocation ETF (AOM). 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.

	EAOA	AOM	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.20	+0.08
Sortino ratio: Return per unit of downside risk	3.21	3.18	+0.03
Omega ratio: Gain probability vs. loss probability	1.41	1.41	0.00
Calmar ratio: Return relative to maximum drawdown	2.99	2.81	+0.18
Martin ratio: Return relative to average drawdown	13.28	12.27	+1.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EAOA vs. AOM - Sharpe Ratio Comparison

The current EAOA Sharpe Ratio is 2.28, which is comparable to the AOM Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of EAOA and AOM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EAOA	AOM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.20	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.60	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.70	+0.23

Drawdowns

EAOA vs. AOM - Drawdown Comparison

The maximum EAOA drawdown since its inception was -25.06%, which is greater than AOM's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for EAOA and AOM.

Drawdown Indicators

	EAOA	AOM	Difference
Max Drawdown Largest peak-to-trough decline	-25.06%	-19.96%	-5.10%
Max Drawdown (1Y) Largest decline over 1 year	-8.17%	-5.11%	-3.06%
Max Drawdown (3Y) Largest decline over 3 years	-13.84%	-6.85%	-6.99%
Max Drawdown (5Y) Largest decline over 5 years	-25.06%	-19.96%	-5.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-19.96%	—
Current Drawdown Current decline from peak	-0.41%	-0.24%	-0.17%
Average Drawdown Average peak-to-trough decline	-5.31%	-2.70%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	1.17%	+0.67%

Volatility

EAOA vs. AOM - Volatility Comparison

iShares ESG Aware Aggressive Allocation ETF (EAOA) has a higher volatility of 3.33% compared to iShares Core Moderate Allocation ETF (AOM) at 2.13%. This indicates that EAOA's price experiences larger fluctuations and is considered to be riskier than AOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EAOA	AOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	2.13%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	8.65%	5.22%	+3.43%
Volatility (1Y) Calculated over the trailing 1-year period	10.75%	6.55%	+4.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.24%	8.14%	+5.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.14%	7.93%	+5.21%

EAOA vs. AOM - Expense Ratio Comparison

EAOA has a 0.18% expense ratio, which is lower than AOM's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EAOA vs. AOM - Dividend Comparison

EAOA's dividend yield for the trailing twelve months is around 1.95%, less than AOM's 2.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOM iShares Core Moderate Allocation ETF	2.98%	2.98%	3.10%	2.79%	2.27%	1.56%	2.02%	2.66%	2.53%	3.31%	2.14%	1.98%
EAOA iShares ESG Aware Aggressive Allocation ETF	1.95%	2.10%	2.09%	2.21%	1.93%	1.48%	1.12%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EAOA and AOM in my portfolio?

With a correlation of 0.93, EAOA and AOM 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.

Which is riskier, EAOA or AOM?

EAOA has higher volatility (3.33%) compared to AOM (2.13%). In terms of maximum drawdown, EAOA dropped -25.06% vs AOM's -19.96%.

Which ETF is better, EAOA or AOM?

On 5-year performance, EAOA leads with 8.58% vs 4.85% for AOM. On fees, EAOA is cheaper at 0.18% per year. On volatility, AOM has been the lower-risk option at 2.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EAOA or AOM?

Over the 5-year period, EAOA has performed better with a 8.58% return vs 4.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EAOA or AOM?

EAOA is cheaper with a 0.18% expense ratio, compared with 0.25% for AOM.

Which ETF pays a higher dividend yield, EAOA or AOM?

AOM has the higher dividend yield at 2.98%, compared with 1.95% for EAOA.

What is the main difference between EAOA and AOM?

EAOA tracks BlackRock ESG Aware Aggressive Allocation Index, while AOM tracks S&P Target Risk Moderate. Their fees differ too: 0.18% for EAOA and 0.25% for AOM.

Which has better risk-adjusted returns?

EAOA currently has the higher Sharpe Ratio (2.28 vs 2.20), 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.